What's The Story Behind Gold Plated Half Dollars?

To participate in the forum you must log in or register.

Author	Replies: 9 / Views: 7,927
windog New Member United States 18 Posts	Posted 12/30/2013 5:25 pm I have a gold plated 1973 Kennedy half dollar and I was wondering what the story was behind those. Is it a third party thing, or something the US mint is doing/why did they start doing this? If you know anything about this I would like to hear about it. Report this Post to the Staff

jbuck Moderator United States 187702 Posts	Posted 12/30/2013 5:27 pm It is a third party thing. I have a gold plated 1972 Kennedy half dollar that I found back in the 1980's. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
CoinCollector2012 Pillar of the Community United States 8137 Posts	Posted 12/30/2013 5:29 pm The U.S. mint does not plate any coins in gold. It might have been part of a set like this one at some time. http://www.danburymint.com/prod/17C...95-0011.aspx Report this Post to the Staff
numismo Rest in Peace United States 3039 Posts	Posted 12/30/2013 5:53 pm the story is about 3c worth of gold. Report this Post to the Staff
SsuperDdave Moderator United States 23522 Posts	Posted 12/30/2013 6:24 pm Quote: the story is about 3c worth of gold. ....and a way of getting people to pay more than fifty cents for something that's only worth fifty cents. Report this Post to the Staff
denco7 Pillar of the Community United States 2543 Posts	Posted 12/30/2013 7:34 pm The " Buffalo Rounds " you see in the infomercials nickel/copper plated in real genuine gold. Each 1oz coin is plated in 14mgs of solid gold, all for the investment price of $19.99. Let's do the math. At the current price $1197/oz. Gold is $38.50 a gram. A milligram is 1000th of a gram, that works out to 3.85 cents of gold per coin. As Dave said, gold plating is a way to get people to pay over fifty cents for a fifty cent piece. Report this Post to the Staff
atchisonbj Valued Member United States 293 Posts	Posted 12/30/2013 8:26 pm Ssuper Ddave wrote "a way of getting people to pay more than fifty cents for something that's only worth fifty cents." to which I add especially at local auctions. They're more like a charm. Most of the time when I see these thy are usually dated in the 1970s. Report this Post to the Staff
windog New Member United States 18 Posts	Posted 01/01/2014 11:11 pm Haha gotta love scams. Report this Post to the Staff
Finn235 Pillar of the Community United States 6130 Posts	Posted 01/02/2014 1:17 pm The only time I've ever seen one of these for sale was at a school field trip to Dahlonegha, Ga back in the 90s. We toured the old mine, and the gift shop had tons of coin-related souvenirs (since the town used to operate a mint). Included was a set of coins that were plated in "Real Dahlonegha Gold!" for about $8. I imagine that most gold-plated coins probably came from sets like these. Report this Post to the Staff
ASLAN TVorlon Pillar of the Community United States 1234 Posts	Posted 01/02/2014 1:52 pm Quote: Gold is $38.50 a gram. A milligram is 1000th of a gram, that works out to 3.85 cents of gold per coin. I got $0.539 of gold Report this Post to the Staff
	Replies: 9 / Views: 7,927

To participate in the forum you must log in or register.

All Forums Category: US Coins and Currency Forums Forum: US Modern Coins

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.25 seconds to rattle this change.