| Author |
 Replies: 11 / Views: 3,063 |
|
|
New Member
United States
18 Posts |
A couple of questions:
- Is this a legitimate coin?
- Why is it gold-plated? Is that a common occurrence?
- Does it diminish the value?
Any help the coin experts could provide would be much appreciated.
Thanks!
*** Moved by Staff moved to a more appropriate forum. ***
|
|
|
|
Bedrock of the Community
United States
36678 Posts |
It is not common and actually lowers the value to collectors as the coin is altered. Can you post photos? Might just be toning as some get a gold tone to them.
|
|
Bedrock of the Community
United States
94367 Posts |
Yes, pics would help, and please tell us where you purchased it.  to the CCF! |
|
New Member
 United States
18 Posts |
I don't have it with me and won't have access to it until tonight. But the coin came in a roll of half's that I purchased online from an individual which promised a pack of silver to include 5 Barber halves, 5 Walking Liberty halves, 5 Franklin halves, and 5 1964 Kennedy halves. I had never seen one that was gold-plated, so I looked online and it appears there are some dealers that will gold plate the coins, I'm certain that it is not toning, it was an intentional gold-plating. The coin is damaged at the top as well, I'm going to contact the dealer about working something out. |
|
Bedrock of the Community
United States
11951 Posts |
A gold plated Walking Liberty half dollar will trade for silver .. or even a little less. After market sellers will gold plate coins to sell for a premium to beginner coin collectors. They become more of a novelty, instead of a collector coin. |
|
Bedrock of the Community
United States
94367 Posts |
This is a gimmick that Littleton has used for years and years.
|
|
Bedrock of the Community
United States
36678 Posts |
|
|
Moderator
 United States
14463 Posts |
|
|
Bedrock of the Community
United States
20753 Posts |
Sounds like a just altered coin so now has lost any original value.
|
|
Bedrock of the Community
United States
17884 Posts |
- Is this a legitimate coin?
Yes, the coin is real, but it has been altered after it left the mint.
- Why is it gold-plated? Is that a common occurrence?
Some private company or individual did it to try and create something they could sell to an unknowledgeable collectorfor more than it is worth. Unfortunately it is all too commonly done.
- Does it diminish the value?
To any knowledgeable collector, Yes. It is now just worth whatever the melt value of the silver is. Before it was plated it might have had additional numismatic value depending and the date, mintmark, and condition.
|
|
New Member
United States
18 Posts |
Thank you all for your advice and information on the matter. Your advice and information has been invaluable.
I contacted the seller who quickly rectified the situation and promised a new Walking Liberty would be sent. His explanation was that one of his workers must have saw it and thought it was cool, so he included it in my grouping.
Best to you all!
|
|
Bedrock of the Community
United States
94367 Posts |
to the CCF! |
| |
Replies: 11 / Views: 3,063 |
|
Posted 12/06/2018 12:14 pm
