Found several coins left by a family member who passed around 5 years ago. Took some pictures. My ignorance of this subject means that I have no clue what I'm looking at. I'm not sure what they're made out of. I'm not sure if they're worth anything.
The "gold" coins are only clad and really not worth much unfortunately. The dollar coins are also worth not much, if any, more than face value. I'm sure other people will chime in.
No real value. The "gold" coins are gold plated bronze. The others are presidential dollars, mainly worth a dollar. Maybe both could be sold for a little bit about face, but I wouldn't count on it.
61 mg=.0019611955406846 troy ounces 61mg = $2.60 of gold @1326.20 bid price For 3 coins you have $7.80 worth of gold if my math is correct. 1 gram = 0.0321507466 troy ounces 1 milligram = 0.001 grams 1 milligram = 0.0000321507465686 troy ounces
Argh. The "gold" coins are gold plated bronze and in fact are not coins but tokens or medals. Their worth is based on what some one will pay you for the gold content (61 mg per coin). The dollar coins are worth a dollar.
These are privately made medals paying tribute to the original coins. They are also the dream of TV Hawkers like HSN. They have a VERY thin layer of gold on each and are actually, and sorry to say, nearly worthless unless you find an unsuspecting buyer, which I do not recommend. The American Mint in Philadelphia ( no relationship to our Mint) also sells similar items at a listed retail of nearly $80.00 each. They are all typically of a solid copper core. So what you have in the end is a pretty item but a lot of money was wasted on acquiring them. We are constantly trying to steer others away from this type of so called "collectible". Edit-As Books says below, they would be a nice remembrance keepsake, my words. I should have been gentler.
My son as a lad used to sweep up weekends at a flea market. He saw a table while working that had some National Collectors Mint Morgan dollars. He spent his wage that day buying them for his coin collecting dad. That was many years ago and I still have them. No, they aren’t of any value and to this day I haven’t told my son that he worked that day for basically nothing. However they are attractive to look at. If you have a desire to get your feet wet in this wonderful hobby then use them to help get your own fire burning. It is a wonderfully fulfilling hobby.
And surely means they're priceless... to you. This is something may folks seem to forget when inheriting such things from a loved one. While there may not be money to be pocketed from selling them, they do represent part of someone no longer with us and for this reason alone they're worth treasuring if the case may be.
