I was looking on ebay and saw a lot of coins that has either (or both ) a gold plated kennedy half or a morgan .Question does that take away from the intrinsic silver value of the coin? Ihave never bought anything other than regular mint coins.(not modified) :goofer:
It doesn't take away from the intrinsic value, first timer, however it tends to make the collectability of such a piece go south real quick......:smile
The intrinsic value of a coin is the value of the metal it contains (e.g., gold or silver). Gold plating does not normally remove metal from a coin so gold plating should not reduce a coin's intrinsic value. BUT, like Green said, gold plating a coin kills any collector value of the coin to any real coin collector.
The previous two posts are correct that collector value goes through the floor when you plate a coin...but the intrinsic metal value is still there. One thing to remember though, with gold plating the gold is so thin it doesn't really have any value. The Morgan Dollar is 90% silver under the plating and has .773oz of pure silver. The Kennedy could be silver or it could be clad depending on the year. A 1964 is 90% silver (.361oz pure silver), while 1965-1970 are 40% silver (.148oz pure silver). 1971 or newer are clad coins and contain no silver.
Ruins collector value but silver is still worth it's weight. Ruins collector value but silver is still worth it's weight.
