I just recently became interested in coin collecting so I don't know too much about it. A few years ago I inherited my great grandfathers 1983 gold dollar which he had welded to gold chains for my grandmother when she was young. Was wondering if it was possible to tell whether my gold dollar was circulated or uncirculated currency? Either way, what could the possible value of the coin be? My camera isn't the best but here's the best pics I could take. Any input would be great! Thanks!
First off Welcome to CoinTalk! Circulated is generally how coins get their wear. So this coin would be considered circulated/damaged. As in value the sentimental value may be higher than monetary value as when Grandfather attached the chain to the coin it became damaged. So the value depends upon the weight and carat weight of the chain that is attached to the coin. The coin itself would be worth approximately $72.86 with gold at $1506.
Unfortunately the coin has little to no collector value because it has damage (it was soldered) so it is essentially worth its melt value for the gold content. The sentimental value to you probably far exceeds its value to anyone else.
Welcome to the forum! I deleted your other post as a duplicate. Please only post once on a subject as it gets difficult for member to follow. Thanks Jim