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Guest Buggrit

Identifying USA coins

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Guest Buggrit

I asked a market stall holder today if he had any USA coins. He showed me a gold US dollar coin from 1972 depicting Eisenhower on the front. Then asked me if i thought it was real?! The easy answer to this (rediculous) question is buggered if i know. Not wanting to admit this i said no in the hope he would offer a reduced price. Instead he decided not to sell it until he was sure. If you are wondering what that sound is its me kicking my self in the arse. So my query is how do i identify a genuine gold US dollar?

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Although no expert on US coins I do own a Red Book.

Eisenhower Doolars were minted 1971-78.

Two main types

1) for collectors outer layer of silcer to a copper core. 24.59 grams

2) general issue of .750 copper/.250 nickel bonded to inner core of copper.22.68 grams.

Both 38.1mm dia

No mention of Gold. :unsure:

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They were not struck in gold. Perhaps the coin has been "gold"-plated outside the mint. If so, it would only be worth face value.

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Sounds like the dealer's got a right dud to me. Gold plated more likely than not. A coin that has been plated is worth less than one that has not been, as plating done outside the mint if considered damage.

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Gold plated Ikes and Kennedys were used for many years in slot machines in Las Vegas. I have several of each. They make great pocket pieces.

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Undoubtedly a post mint production gold plating....

VERY COMMONLY done to Kennedy Halves, and Ike Dollars to create novelty items.... Many advertisments for them appeared in the 70's and 80's, and still some today......... there is no premium involved, especially to collectors, except possibly a devaluation in value to the purist.....

Gary

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