Can I spend it?

Is the 1971 D Eisenhower (Double Dated 1945 1985) Gold Plated Dollar spendable as a dollar?

 

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Can you post pics?

 

Yep... worth a dollar, or a little more on eBay. These were genuine Ike dollars overstamped 1945-1985 and gold plated, representing the 40th anniversary of the end of WWII. Just another company trying to cash in on the gullibilty of the U.S. public.

 

I think the gold plate knocks 25% off the price so you might be able to spend it for $.75.
:devil:

 

Probably looks something like this one. I think they made these for a few years:

 

Yes.

 

"They" meaning someone other than the US Mint.

 

Of course... just another "make the profit and run" company. I think these were advertised these in VFW magazine and similar military/veteran publications. I mean, how could a patriotic American turn down one of these beauties for only $19.99?

 

You'd be amazed how many counterstamped cents I find in roll searches. Of course they were all sold to gullible folks at one time. But eventually they got pulled off of the cards or whatever they were glued to and spent. I also find gold plated Ikes when I get them in banks.

 

Any US coin or currency is spendable at face value, regardless of any PMD done to it.

 

Good coin to spend. Even with no numismatic value, it might get someone interested in collecting.

 

I am not sure why anyone would suggest that this coin has "no numismatic value", if one considers counterstamps to be a part of numismatics. This coin is worth at least a 100% or more premium on ebay, for example, because of the counterstamp.

I know that a lot of people don't collect these types of things, but a lot of other people do collect them. If you want to spend it for fun, it will undoubtedly be of interest to someone else, and they will make a profit is they choose to sell it.

 

Thanks JBK for your response to my post? The reason I had thought this coin had no numismatic value is because I've been told so many times that its only worth a dollar. Thanks for letting me know that i can get more that n a dollar for it. I really appreciate it very much. Good luck!
Rod

 

Just a vague way of saying special interests groups like VFW, Franklin Mint, Coin Vault TV, et al.

 

The folks who pay more than face for these kind of things are people who are not collectors. They're flea market shoppers, HSN watchers, Readers Digest readers. People purchase coins like this because they seem (artificially) "special" or "rare," because of the nature of the PMD.