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Extremely Rare Half Gold Half Silver Coin! Whats Its Value?

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beatsbyave's Avatar
United States
2 Posts
 Posted 12/04/2014  08:01 am Show Profile   Bookmark this topic Add beatsbyave to your friends list Get a Link to this Message Number of Subscribers
i live in Pennsylvania and I'm an amateur coin collector. there's a local coin shop I go to often and find incredibly rare pieces coming from both the mint in Philadelphia and the Franklin mint as well. I have a nice collection gathered so far. today I bought a piece that struck my eye. I would like some information on it if anybody can help me please. I do not have a picture or camera to show you guys, so ill provide any information possible.

the coin is a Walking Liberty half dollar minted in Philadelphia, the date is 1943, the dealer sold it to me for the silvers value of $10, but the coin is not only silver. the coin is 90% fine gold and 10% silver. the front of the coin with the walking liberty is pure gold, the backside with the eagle is pure silver. the coin is in mint condition, fine details, perfect appeal, not a scratch or mark on it. from the side view of the coin it is 90% gold, and the backside is the 10% of silver from the side view of the coin.

can anybody determine the value of this coin? it is not a fake, I've had several pcgs, anacs, and ngc certified dealers take a look at it and they all agree its genuine and was really minted that way.

what appeals to me is the fact that 1943 was the notorious date that the steel penny was introduced due to a shortage of copper being used for ww2. so finding a copper penny from 1943 can bring in big bucks because it was not supposed to be minted that year.

is finding a gold and silver coin rare due to that same ww2 shortage on 1943? besides the fact that it was minted in 2 precious metals together on a Walking Liberty half.

i know I will have to get it graded soon, but what do you guys think? what could the value possibly be? I'm very curious!

i have several other coins that I'm curious about the value of as well... can anybody help me?...

liberty V nickle 1883 P with "no cents" error on back, mint condition, no scratches, perfect condition like new

an encased set of 1943 Steel Pennies, all mint condition uncirculated, hasn't been removed from case for over 20 years. the set includes 1 penny from Philadelphia mint, 1 from Denver mint, and 1 from San Francisco mint. all the pennies are in perfect mint condition, no scratches, nice as shiny, no rust or ware, uncirculated.

a 1943 P Mercury dime in perfect condition

I also put together my own little set of wheat pennies in a case that includes 1941 P, 1941 S, 1942 D, 1943 P (steel), 1943 D (steel), 1943 S (steel), 1944 D (copper), 1944 S (copper), also in the set I included a Canadian 1 Cent copper from 1939 and a Great Britain Large One Penny cent dated 1944. everything in that set that I put together is in mint condition, uncirculated, no scratches or nicks, and very appealing.

a 1883 P Morgan silver dollar with the VAM10 Sextuple Stars Error (stars have doubling when looked at closely and date is widened on the numbers 188, but 3 is almost normal) the condition of this coin is fine to very fine. very good details, no scratches or ware, no toning, but not mint condition

can anybody tell me the possible value of everything that I listed? I know I have to get it appraised soon, but I'm just curious about how much everything could possibly be worth.

thank you all very much for your time!

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beatsbyave's Avatar
United States
2 Posts
 Posted 12/04/2014  08:04 am  Show Profile   Bookmark this reply Add beatsbyave to your friends list Get a Link to this Reply
the 1883 P Morgan dollar with vam10 error is listed as a top 100 Morgan dollar error
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Finn235's Avatar
United States
6130 Posts
 Posted 12/04/2014  11:19 am  Show Profile   Bookmark this reply Add Finn235 to your friends list Get a Link to this Reply
Your half dollar is altered. The Mint last used gold in 1933, so the odds of gold being used accidentally more than a decade later are more than remote. I'd eat my hat if any reputable grading service certifies that as a genuine error. Most likely it was partially plated in gold.

As for the rest:

1883 type 1 V nickel: Not an error but a variety. The Mint assumed that the public could figure the value of the coin based on its size and the Roman numeral V on the reverse, not thinking that scam artists would plate these coins in gold and pass them off as $5 pieces. They are less common than type 2's, but not rare. Worth about $20-30 if truly uncirculated.

1943 cents-- Assuming they aren't altered, worth about $1-2 each.

1943 dime-- About $3-5 in MS

Cent collection-- In MS, I'd figure 25 cents to $2 per coin.

I'll let other collectors talk to the VAM; those aren't my expertise.
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SeatedNut's Avatar
United States
2797 Posts
 Posted 12/04/2014  11:23 am  Show Profile   Bookmark this reply Add SeatedNut to your friends list Get a Link to this Reply
Without pictures and/or weight, size, etc. I can't speculate on what you have in hand. Your description of the 1943-P Walker can't be produced under standard mint processes. The planchet (coin blank) couldn't possibly exist as described before it was stuck.

The 1883 VAM 10 retails for around $250 in VF (it would have to be certified and attributed by PCGS, NGC or ANACs)

Cautiously waiting for the grading/certification results on the 43 Walker.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/04/2014  11:27 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
How was the composition of the Walker's planchet determined?
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 Posted 12/04/2014  12:47 pm  Show Profile   Bookmark this reply Add Groszy to your friends list Get a Link to this Reply
If the government did use gold, which is odd seeing as how gold was recalled in 1933, I cannot see how the coin would be gold and silver clad vs being of a gold-silver alloy. If it were of an alloy, it'd be entirely gold in color. Cladding the metals together would seem like a problem due to the softness of both metals (assuming your percentages are correct, with no additional metals in the coin). If you did, in fact, take the coin to certified dealers, then I hate to break it to you, but they were lying to you. I agree with the rest, no possible way the planchet was produced as described to afford the opportunity to be struck.

Plating half a coin is possible, and common enough.
Valued Member
United States
319 Posts
 Posted 12/04/2014  1:13 pm  Show Profile   Bookmark this reply Add PawnS to your friends list Get a Link to this Reply

Quote:
the coin is a Walking Liberty half dollar minted in philadelphia, the date is 1943, the dealer sold it to me for the silvers value of $10, but the coin is not only silver. the front of the coin with the walking liberty is pure gold,


Please, please, please, please.... tell me where this numbskull dealer is so can go buy gold for silver price too.
Edited by PawnS
12/04/2014 1:14 pm
Valued Member
United States
319 Posts
 Posted 12/04/2014  1:16 pm  Show Profile   Bookmark this reply Add PawnS to your friends list Get a Link to this Reply
Also, ask him to explain how/where/when a half gold, half silver planchet was made and how it got into the mint.
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dave700x's Avatar
United States
10625 Posts
 Posted 12/04/2014  1:19 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
The WLH is likely plated gold one side. Selective gold plating is quite common on classic silver coins.
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Russian Federation
5174 Posts
 Posted 12/04/2014  2:54 pm  Show Profile   Bookmark this reply Add january1may to your friends list Get a Link to this Reply

Quote:
1883 type 1 V nickel: Not an error but a variety. The Mint assumed that the public could figure the value of the coin based on its size and the Roman numeral V on the reverse, not thinking that scam artists would plate these coins in gold and pass them off as $5 pieces. They are less common than type 2's, but not rare. Worth about $20-30 if truly uncirculated.


IIRC, they were saved so much that type 1 is actually more common than type 2 - despite the latter's mintage being significantly larger.
Numismedia gives $14 for XF-40, $15 for AU-50, $19 for AU-55; I doubt the OP's coin is better.
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/04/2014  5:14 pm  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
to the forum~!! Does this sound like yours?
Jeremy writes: I have a 1946 Walking Liberty half dollar. The lady and the sun on front are both gold or gold plated and the reverse is completely gold. It has no mint mark. The letter W appears on it beneath the eagle's wing next to the rim. It may possibly have the letter A printed Beneath the middle arch of the W as well. It is in immaculate condition. Have never seen or gotten any info on this type of half dollar. Have been told the W or W A may be the artist initials and the coin may be very rare. Any info would be gratefully appreciated.

You have an altered coin in which some of the elements have been "colorized". This seems to have become a popular souvenir item and ads for just this kind of business can be found in the Sunday papers in journals like "Parade Magazine" and elsewhere. The colorization is not the way the coin was originally minted but simply a modern scheme to sell circulated, common date Walking Liberty half-dollars at a significant premium.

The examples I've seen usually grade about EF and have been cleaned and polished to make them look "new" to the uninitiated. Circulated "Walkers" can be purchased for a few dollars. They are available in any quantity you can imagine.

Collectors prefer to buy uncirculated specimens of this date since the date is common and relatively inexpensive. "Colorizing" the coin makes it just worth its silver value to most collectors (about $6.00). If you like this sort of thing, enjoy it but don't expect altered coins to appreciate in value. This is not a rare coin.

The monogram AAW is found under the tip of the wing feathers and are the initials of Adolph A. Weinman, the designer. Coins without mint marks were struck in Philadelphia.

Categories: U.S. Coins & Currency
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macmercury's Avatar
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5832 Posts
 Posted 12/05/2014  03:35 am  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I'm surprised those certified dealers didn't make you an offer for that bi-metallic walker?
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Debrajc's Avatar
United States
4211 Posts
 Posted 12/05/2014  07:27 am  Show Profile   Bookmark this reply Add Debrajc to your friends list Get a Link to this Reply
Just do a Google search on colorized coins in general. You will see what I'm talking about. Kennedys, Walkers, Peace dollars, AES's, State Quarters.... I's just an after mint plating.
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DoubleEagle20's Avatar
United States
1748 Posts
 Posted 12/07/2014  01:53 am  Show Profile   Bookmark this reply Add DoubleEagle20 to your friends list Get a Link to this Reply
The last circulation gold coins were minted by the US Mint in 1933.
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Bertensgrad's Avatar
United States
1192 Posts
 Posted 12/07/2014  02:52 am  Show Profile   Bookmark this reply Add Bertensgrad to your friends list Get a Link to this Reply
Am I he only one that feels like this thread is a parody? :-) I guess I'm too you and expect trolling haha
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Conder101's Avatar
United States
17884 Posts
 Posted 12/08/2014  08:20 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
The only time the mint has used a planchet with one metal on one side and another on the other (other than a modern clad coin that loses a layer) was when they use a silver/copper planchet for Two Cent patterns back in I believe 1836.
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