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How Much Variation Is There For Pre 33 Gold Composition (1913 $2.5 Indian Head)?

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 Posted 08/10/2024  1:08 pm Show Profile   Bookmark this topic Add SilverSwan to your friends list Get a Link to this Message Number of Subscribers
*** Edited by Staff to Add Year / Mintmark / Denomination to Title. It's very important to have in the title. ***


So I received a $2.5 Indian head recently and everything about its detail looks ok to me, but its colour is lighter than I expected.

I had it xrf tested and it came back .900 gold, .094 copper, and .005 silver. it was only tested once, so there could be some surface variation. I did assume that the presence of silver explained why it was lighter. But should it be there?

Is the presence of silver normal? Or does it bring its authenticity into question?
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Dearborn's Avatar
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 Posted 08/10/2024  2:06 pm  Show Profile   Bookmark this reply Add SilverSwan to your friends list Get a Link to this Reply

How-Much-Variation-Is-There-For-Pre-33-Gold-Composition-1913-$2.5-Indian-Head?
How-Much-Variation-Is-There-For-Pre-33-Gold-Composition-1913-$2.5-Indian-Head?
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BStrauss3's Avatar
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 Posted 08/10/2024  4:31 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
https://www.usmint.gov/learn/histor...april-2-1792


Quote:
SEC. 12. And be it further enacted, That the standard for all gold coins of the United States shall be eleven parts fine to one part alloy; and accordingly that eleven parts in twelve of the entire weight of each of the said coins shall consist of pure gold, and the remaining one twelfth part of alloy; and the said alloy shall be composed of silver and copper, in such proportions not exceeding one half silver as shall be found convenient; to be regulated by the director of the mint, the United States, until further provision shall be made by law.



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 Posted 08/10/2024  9:32 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply




to the CCF!
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nickelsearcher's Avatar
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 Posted 08/11/2024  05:56 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
And BStrauss provides your answer.
Take a look at my other hobby ... http://www.jk-dk.art
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oriole's Avatar
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 Posted 08/11/2024  07:28 am  Show Profile   Bookmark this reply Add oriole to your friends list Get a Link to this Reply
That law was changed in 1834 and again in 1837 (now .900 fine), according to the Red Book. What does the most recent law say about the composition of the alloy?
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 Posted 08/11/2024  08:32 am  Show Profile   Bookmark this reply Add livingwater to your friends list Get a Link to this Reply
Don't know if the below links will help or not. The laws are specific as to the amount of the gold in a coin. It's purity had to be "fine" which I think is 99.9%? I could not find any regulation requirement for the purity of the other alloys such as copper. Maybe mint directors had/have some leeway as to how pure the copper was/is?

Only .005% silver in the OP coin is not much. That would not concern me in terms of it being genuine or fake. The American Gold Eagle has 91.67% gold, 3% silver, the rest copper.

https://www.law.cornell.edu/uscode/text/31/5112

https://en.wikipedia.org/wiki/Gold_Standard_Act

https://www.usmint.gov/coins/coin-m...gold-bullion
Edited by livingwater
08/11/2024 09:37 am
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 Posted 08/11/2024  09:28 am  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Note the subtlety of 31 U.S. Code § 5112 - Denominations, specifications, and design of coins which specifies the tolerance for non-precious metal coins is wholly different vs. precious metal.

e.g. (b)

Quote:
In minting 5-cent coins, the Secretary shall use bars that vary not more than 2.5 percent from the percent of nickel required.
...
In minting gold coins, the Secretary shall use alloys that vary not more than 0.1 percent from the percent of gold required. The specifications for alloys are by weight.

The cent is even less specific, from (b)

Quote:
Except as provided under subsection (c) of this section, the one-cent coin is an alloy of 95 percent copper and 5 percent zinc.

which references

Quote:
(c)The Secretary may prescribe the weight and the composition of copper and zinc in the alloy of the one-cent coin that the Secretary decides are appropriate when the Secretary decides that a different weight and alloy of copper and zinc are necessary to ensure an adequate supply of one-cent coins to meet the needs of the United States.


Toss in (a)(6)

Quote:
except as provided under subsection (c) of this section, a one-cent coin that is 0.75 inch in diameter and weighs 3.11 grams.

notice the total flexibility on thickness... as long as they are 0.75" in diameter, we could be using zinc foil cents.
-----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/
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 Posted 08/11/2024  2:29 pm  Show Profile   Bookmark this reply Add SilverSwan to your friends list Get a Link to this Reply
Thanks for your input guys. Interesting stuff regarding the 1792 historical document, referring to .916 22 carat gold. Particularly SEC 19, every such officer or person who shall commit any or either of the said offences, shall be deemed guilty of felony, and shall suffer death.- You'd be a brave man to mess about with US gold in those days...

@livingwater .005 would be 0.5% silver, which I accept may be considered trace amount. Hopefully it does explain how there can be differences in the colour of these coins (aside from toning over time)

Does anyone here XRF their coins regularly? I have a local gold dealer that does it for free

(I still can't work out how to use the quote feature properly)
Edited by SilverSwan
08/11/2024 2:33 pm
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