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Replies: 9 / Views: 13,673 |
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Pillar of the Community
United States
5832 Posts |
People are finding out these aren't worth what those HSN said it would be. I got this from change today, maybe I will start collecting circulated plated quarters.   Normal and Plated on right.
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Pillar of the Community
United States
4008 Posts |
Quote: People are finding out these aren't worth what those HSN said it would be. Not exactly a revelation, is it? A lot of the products from various private mints, especially those that advertise on TV, often leave a lot to be desired in the cost / value ratio.
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Valued Member
United States
362 Posts |
I would never get a gold plated coin personally. But I guess its fine if you got it from normal change lol.
But gold is extremely pliable, and a little bit of gold can be stretched a long ways. The only reason I think companies do this, is so they can jack of the premiums by using a very very tiny amount of gold.
Cool find though!
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Pillar of the Community
Australia
2830 Posts |
Gilding of coins sometimes had a fraudulenr purpose: at one stage, the English had a gold guinea, worth 21 shillings. The guinea was almost the same size as the silver shilling; and the half-guinea was almost the same size as the silver sixpence - and the designs of these latter were very similar. I have a gilded 1787 sixpence, which may have been gilded in order to be passed off as a more valuable coin.
In 1887, the British sixpence and half-sovereign had nealy identical designs, and same diameter - only the weights differed. I believe that these were sometimes gilded. For this reason the 6d was withdrawn, and replaced by another type altogether.
Peter in Oz
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Rest in Peace
United States
9104 Posts |
I had a guy bring in a GP ASE with the figures painted in some sort of iridescent white. Some of the paint has come off, and while I'm sure it was attractive jewelry at some point, it's now scrap that might bring melt.
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Rest in Peace
United States
9104 Posts |
Quote: Gilding of coins sometimes had a fraudulenr purpose: See Racketeer nickels. I just bought 20 GP State Quarters, the hard way. There were five cards with five holes on each, and each card was missing one quarter. Guess I'll have to start collecting them 
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Pillar of the Community
 United States
5832 Posts |
I haven't find any more from circulation yet. I don't want to buy these either.
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Valued Member
344 Posts |
i found 3 Kennedy halves that where GP. Found them all in same box too along with a Magicians coin I sold for 10$. However in my numerous roll huntings I found I am much more likely to find gold coins or coins that are missing the back half then I am silver lol.
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Pillar of the Community
United States
931 Posts |
When the Liberty nickels first came out and just had a "V" on the back some hooligans were gold plating them and passing them off as five dollar gold pieces in dimly lit saloons. It didn't take them long to add the denomination on the back. I wonder how many actually got away with it? Five bucks was a lot of dough back then.
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Rest in Peace
United States
9104 Posts |
True racketeer nickels also had reeded edges.
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Replies: 9 / Views: 13,673 |
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