I bought this coin off of a dealer from my first coin show for a dollar! Is this worth anything in the good condition I have it in?
Not sure if it is composed of silver and I am not sure if it has any numismatic value. What I can tell you is that it looks to possibly have been cleaned . Either way, if it ends up that it does contain silver, you've probably gotten a good deal. What's the diameter? Is it the width and diameter of a regular silver dollar (Morgan, Peace, IKE)? -Brian EDIT: Did some research. This looks like your coin... http://cgi.ebay.com/1984-AA-Ronald-Reagan-Commemorative-Coin-No-Reserve-/280688136820?pt=Coins_US_Individual&hash=item415a511274. The compostion of the coin is not mentioned in the listing, but for that price, if it is the say width and diameter of a Morgan, Peace, or IKE dollar, I'd say its a clad coin or some other common metal. It is possible that it contains a small percentage of silver as well. Hopefully you will get more replys from site members that may be more experienced in the field of these unusally, modern commemoratives.
Yeah...I tested it to a Morgan and It is the same size. The reason it looks cleaned is because of the flash on my camera. It is not that cleaned looking in person.
Alright. Well, sorry to say, it probably isn't silver. There are many factors pointing to it being just a clad, private mint commorative. Also, I am just now noticing that the colors of the surfaces of the coin don't show any signs of being silver. They're aren't white enough for a coin of that grade with that much detail. It looks to be a more green-gray chrome color . -Brian
I was doing some reasearch on my own coin and found this thread so I thought I'd register and post. I have No. 148028 with a certificate of authenticity and it says "and is guaranteed to be layered in pure .999 Silver." Hopefully this helps.
Meaning it's silver plate. Anytime something is overlay, layered, clad, etc; it means it was plated. Genuine bullion coins struck by the Mint in gold, silver, or platinum, contain 1 oz of those metals in the planchet, in the purest form of those metals, i.e. .999 fine silver, .9999 fine gold, and are worth the value of the precious metal contained therein. Silver plate, maybe $.50 worth of silver.
I found 4 of these clad/dipped coins in an inherited box. Reagan, G.W.Bush & 2- Washington's. They tarnish with time in the original plastic pouch. I cleaned one and it's perfect. Might be fun to carry for a conversation piece, but in my opinion, these are more of the bogus creations by self-promoting companies of JUNK (coins, plates, trinkets) to the public at thousand percent profits. Buyer always beware! Rikkos of Mesa, AZ
