Value Of 2006 Colorized Gold Eagle $50 With Diamond?

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Author	Replies: 8 / Views: 2,394
Willem2904 New Member Norway 44 Posts	Posted 08/16/2016 4:29 pm Hi, Has anybody ever seen this type of Gold Eagle $50? Apparently, mintage was only 200 pieces. Anyone knows the value of this coin? Thanks! * Moved by Staff to a more appropriate forum. * Report this Post to the Staff

aristarchus123 Pillar of the Community United States 1695 Posts	Posted 08/16/2016 7:06 pm I'm no expert, but two relevant items come to mind: the loss of gold where the diamond was inserted, and the quality of the diamond. Report this Post to the Staff
ArrowsAndRays Pillar of the Community United States 1654 Posts	Posted 08/16/2016 9:08 pm Bullion value only. Ugly as sin. edit to add the actual mintage: 237,510 Edited by ArrowsAndRays 08/16/2016 9:14 pm Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4589 Posts	Posted 08/16/2016 10:12 pm Thankfully there were only 200 of these bullion coins ruined in this way. -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
commems CCF Master Historian of USA Commemoratives United States 12263 Posts	Posted 08/17/2016 12:25 am @Willem2904: A few things to consider: 1. The coin was produced by the US Mint, but the commemorative colorization of it was done by a third-party after it had been sold into the marketplace. As such, the "mintage" figure of 200 that the seller may be touting is actually just the number of coins that have had the coloring and diamond applied. As ArrowAndRays stated, the number produced by the US Mint is 237,510; it is not a scarce or rare coin. 2. Many collectors consider this type of "enhancement" post-mint damage and consider the coin to have lost its numismatic value. As such, most would value it no higher than its bullion value. Unless you are particularly fond of the piece or are able to buy it for below its melt value, I would suggest walking away from this one. Collecting history one coin or medal at a time! (c) commems. All rights reserved. Report this Post to the Staff
Buzz Killington Valued Member United States 81 Posts	Posted 08/17/2016 8:07 pm I can't believe 200 people would have purchased this. Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4589 Posts	Posted 08/17/2016 8:51 pm There's a sucker born every minute -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
Buzz Killington Valued Member United States 81 Posts	Posted 08/18/2016 9:45 pm I once bought a fake looking coin purporting to be from "Somalia" with this kind of overprinting, with a garnet or something embedded into it. I paid $7, on the chance that it was silver. On the other hand, it might have been a "sapphire." I wonder if that coin was made by the same outfit as those who made this monstrosity. (Looking it up) Here is an example of it -- only 40 pounds sterling from this august seller -- http://www.coincraft.com/somalia-si...ith-sapphire Report this Post to the Staff
CelticKnot Bedrock of the Community United States 12817 Posts	Posted 08/18/2016 11:20 pm What a crime. Report this Post to the Staff
	Replies: 8 / Views: 2,394

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