limited run company gift coin - any value?

Discussion in 'What's it Worth' started by syrex, Apr 19, 2005.

  1. syrex

    syrex New Member

    Hi,

    Ten years ago I worked for a company that had it's 50th anniversary, and it gave all the employees a 1 troy ounce silver coin with the company logo and years of service and all that stamped on it. It came in a plastic coin protector and a felt box, and I just found it at the bottom of a drawer.

    The company has since been bought, sold, bought again, and now closed. The company is not something that a normal person would have ever heard of. Not being a sentimental person, I was going to pawn it, but my wife persuaded me to do some research.

    Is this something that would ever have any value after some years have passed, or is it just worth the metal its made of?

    Thanks!
     
  2. Avatar

    Guest User Guest



    to hide this ad.
  3. GDJMSP

    GDJMSP Numismatist Moderator

    Howdy syrex - Welcome to the Forum !!

    As a general rule things like this are rarely worth more than metal content. It's the sentimental value more than anything else. But every now n then you might find a collector searching for just the item you have. But collectors like that are few and far between. But even if you found one, it wouldn't be worth more than a few bucks over metal content.
     
  4. syrex

    syrex New Member

  5. rick

    rick Coin Collector

    just out of curiousity - what company was it?
     
  6. JBK

    JBK Coin Collector

    I would have to agree. IF it were a big/popular company like Coke or McDonald’s or Harley Davidson where there are collectors of any memorabilia from those companies, then maybe some value would be there. Otherwise, it is worth more for it’s silver content.

    To put it another way, if it were one ounce of gold, it’s ONLY value would be the metal content, as no one would be willing to pay the bullion value plus more, just to have a memento.

    Funny thing is, if your company had given you a Silver Eagle or other silver coin, for example, with their logo stamped into it, it would be worth more than bullion since people would collect it as a merchant/counterstamp on a valid coin.
     
  7. cwtokenman

    cwtokenman Coin Hoarder

    My reference on the subject (somewhat outdated, 1992), lists generic business anniversary tokens in several groupings. Since yours was from 10 years ago, it would fall into the 1960 to current group. The value range given for these was .25 to 1.00. Most of the value for yours will definitely be in the value of the metal, as others have said, with a slight possibility of some sort of premium.
     
Draft saved Draft deleted

Share This Page