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How Do You Determine The Value Of...

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Author Previous TopicReplies: 6 / Views: 1,131Next Topic  
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KenRingold's Avatar
United States
594 Posts
 Posted 09/11/2011  11:01 pm Show Profile   Bookmark this topic Add KenRingold to your friends list Get a Link to this Message Number of Subscribers

Quote:
A High Quality Silver Bullion Coin, Double Plated With 24K Gold
Edited by KenRingold
09/11/2011 11:02 pm
Pillar of the Community
rachums107's Avatar
United States
3345 Posts
 Posted 09/11/2011  11:18 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
double
Edited by rachums107
09/11/2011 11:18 pm
Valued Member
Australia
193 Posts
 Posted 09/12/2011  05:58 am  Show Profile   Bookmark this reply Add agandau to your friends list Get a Link to this Reply
I would still value it as a piece of silver bullion because the gold in the plating would be of negligible value being so thin.

Also, if the coin being plated had any previous collector value, then any numismatic value it may have had would be lost, because the process has changed it to be more a jewellery item than a coin.

Have a look at this example of a gold plated silver Indian rupee. It does not say what substance is used for the colour though it sure looks pretty.
However I wouldn't see it as filling the gap for that year. The buyer obviously thought it was worth paying a premium for it over its silver value, though I regard that as a matter of personal taste more than anything else. This coin would have fetched more if original as it is a high grade.

http://www.ebay.com/itm/30059304408...t_500wt_1040
Edited by agandau
09/12/2011 06:01 am
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KenRingold's Avatar
United States
594 Posts
 Posted 09/12/2011  12:26 pm  Show Profile   Bookmark this reply Add KenRingold to your friends list Get a Link to this Reply

Quote:
Also, if the coin being plated had any previous collector value, then any numismatic value it may have had would be lost, because the process has changed it to be more a jewellery item than a coin.

I don't think that would be the case in this instance.
http://images.marketplaceadvisor.ch...2_mark_x.jpg
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Bacchus2's Avatar
United Kingdom
2871 Posts
 Posted 09/12/2011  1:31 pm  Show Profile   Bookmark this reply Add Bacchus2 to your friends list Get a Link to this Reply
Yuck.

The original coin is collectable - if very common. I can't really understand why anyone would want this - it's just a ruined coin only suitable for jewelry
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Libertad's Avatar
Canada
3692 Posts
 Posted 09/12/2011  5:29 pm  Show Profile   Bookmark this reply Add Libertad to your friends list Get a Link to this Reply
I would call that coin damaged or altered.
Edited by Libertad
09/12/2011 5:29 pm
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JackB's Avatar
United States
1064 Posts
 Posted 09/12/2011  5:32 pm  Show Profile   Bookmark this reply Add JackB to your friends list Get a Link to this Reply
Pretty ugly, and kinda sad...
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