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 Replies: 25 / Views: 5,264 |
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Valued Member
United States
458 Posts |
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Pillar of the Community
United States
1903 Posts |
It appears to be a novelty round. I would think its value is based on spot...that is assuming it is solid 24K gold, not some other lesser alloy
Edited by unholyroller
10/10/2011 5:07 pm
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Valued Member
 United States
458 Posts |
Yeah thats what I am worried about...
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Pillar of the Community
United States
1903 Posts |
I would base its value on two grams of 10K as anything less isn't legally gold in the USA
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Valued Member
United States
219 Posts |
I think this is a description of it:
UNITED STATES OF AMERICA BICENTENNIAL Medal 1776-1976... Obverse : Flying Eagle... Reverse : THE BICENTENNIAL COUNCIL OF THE THIRTEEN ORIGINAL STATES in Circle Around Wreath... Approximately the Size of a Penny... 2.9 Grams of 50% Pure Gold... Privately Minted by Franklin Mint
If that is it melt would be about $75.00
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Pillar of the Community
1028 Posts |
I just spent 10 minutes scouring the internet and I couldn't find this medal anywhere. I have never seen one like it, just similar ones. 1976 puts it right after we were allowed to own gold again I think. I doubt this coin is "solid gold" as in at least .99, but it may be more than a 10k alloy. The seller says it weighs 2 grams.....off the top of my head that would be about $125 if it was "solid gold". It's a mystery to me, but right now the bid is at $36....so you'd be in the money in any case other than "gold-plated"
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Valued Member
United States
458 Posts |
Pretty sure it isn't plated. Thanks for the posts yall. Just got done with class for the day, so I am gonna research it more. If anyone else has input to share, dont hesitate.
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Valued Member
United States
458 Posts |
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Pillar of the Community
United States
1903 Posts |
Ahhhhhhhhhhh haaaaaaaaaaa lol. I was right 10K  |
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Valued Member
United States
458 Posts |
Yes you were :D
According to a gold gram calculator, it is worth around 45 dollars I believe. But thats just because of the gold content. Idk about collector value.
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Pillar of the Community
United States
1903 Posts |
To me I would think anything made outside the mint during the bicentenial year was made in large numbers and being only 10K is a novelty at best. But who knows...I am new to all this
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Valued Member
United States
458 Posts |
As am I, and I have never purchased any gold. However, I am a fan of the Bicentennial coins.
Was hoping someone who has been at this for a long long time could offer me some wisdom concerning this medal before I make a bid lol.
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Pillar of the Community
United States
1903 Posts |
I think as long as you don't get too deep into it based on melt value, it would be a nice addition to a bicentenial themed set.
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Valued Member
United States
458 Posts |
I dont see it going for more than 50 dollars since shipping is free. Unless someone is craving this coin and decides it is worth much more than melt. If so, its all theirs lol. I am ALWAYS on ebay and this is the first one I have ever seen. |
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Moderator
 United States
15420 Posts |
I suggest that you received plenty of wisdom and as well some free research ... what else do you need?  Bid as you see fit ... appears to me that the CCF experts nailed this one for you regarding provenance and gold content ... David Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
1903 Posts |
Well. As I post this. 38 mins left on the auction and at $46.70. Hope you are still in play and let us know if you win. Would love better pic of it if you get it  |
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Replies: 25 / Views: 5,264 |
Posted 10/10/2011 5:05 pm
