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 Replies: 10 / Views: 5,047 |
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Pillar of the Community
United States
1191 Posts |
Is "plating" means coloring or is it plated with real silver or gold? If it's played with real Au or Ag, is it worth more than face? Edited by Hello There
02/22/2016 02:37 am
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Pillar of the Community
United States
1192 Posts |
It is plated with real gold and silver. However today's plating is too expensive to remove. It's more costly to remove the plating then the metal you get back.
The only thing where this does not apply that I'm aware is in older gold plated glasses. Sometime it will be be called filled plated. Like 10% of it would be gold of a certain k. That can quickly add up and is worth scrapping.
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Moderator
 United States
56855 Posts |
Does not add value to a coin,in fact it makes the coin PSD unless it is done at a government mint. John1  |
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Moderator
United States
54282 Posts |
The amount of gold or silver it takes to plate a coin is miniscule.
Gold plating, for example, is only .000015 inches thick (15 millionths of an inch)(15/1,000,000,000). A single sheet of copy paper is 250 to 275 times as thick.
To plate a U.S. quarter it takes about 3.3 milligrams of gold. This means one could plate about 9,500 quarters with a troy ounce of gold. Or put in another way, a gold plated quarter contains about 1/9,500 of an ounce.
At the present price of gold, that is about 12 cents worth. Silver, would be worth about 1/10th of 1¢.
So, if you buy 5 state park quarters, and apply 48 cents worth of gold, you could try to sell them for $16.25, like America's Favorite Coin Source. People that buy these have nice shiny plated quarters, worth $1.25.
Now, it is not economically feasible to remove gold plating from base metal coins, and would be just plain foolish for silver. Oh, the gold is still worth the 12¢ per coin, just you can't remove it, so it is for all practical purposes worth nothing.
Think about this next time you see a Chinese fake silver dollar. They can plate them with real silver and sell them for 10¢ each and still make money.
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
United States
7390 Posts |
Quote:
The only thing where this does not apply that I'm aware is in older gold plated glasses. Sometime it will be be called filled plated. Like 10% of it would be gold of a certain k. That can quickly add up and is worth scrapping. Bert, this is called "gold filled" or "rolled gold". It's standard is either 1/20 or 1/10 (better) 1/20 stands for 1/20th of the weight, or 5% of the weight, is comprised of whatever finesse of gold it is (10k 12k 14k etc) so say you have a 14k 1/20 G.F. or Rolled Gold item that weighs 100-grams. Well 5%, or 5g in this case, is "pure" 14k. Same for 1/10 but since this is 10% by weight, in my above hypothetical you would have 10g of "pure" 14k gold |
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Pillar of the Community
Canada
1463 Posts |
It's such a tiny amount its best to leave them how they are.
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Pillar of the Community
 United States
1191 Posts |
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Bedrock of the Community
 United States
12837 Posts |
While not worth anything above face for all practical purposes, they are fun to find in change and CRH. I have a number of them and always keep the ones I come across. My favorite is a Susan B. gold-plated. She's currently filling a blank hole in my SBA Dansco. |
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Bedrock of the Community
United States
20753 Posts |
However if someone would plate and replate and replate a coin several thousand times with pure Gold, it would now be worth more than just a plated coin.  |
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Moderator
United States
188610 Posts |
And it would not longer look like a coin, but a round flattish disk.  |
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Pillar of the Community
United States
1192 Posts |
Thanks cascade I couldn't remember what it was called. I just knew to look for it but never found any.
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Replies: 10 / Views: 5,047 |
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Posted 02/22/2016 05:15 am
