I have a 1999 American Silver Eagle (N#1493) that has been colorized. I got it when I was about 10-years-old after nagging my mom about it, and it helped start my (small, mostly foreign) coin collection.
I'm pretty sure I know that this is the answer, but I haven't seen it clearly stated. Is the colorization done by a private company, completely independently of the federal government, and then the private company re-sells them for a higher value? Is there anything actually special about the colorized ones (other than the fact that they're colored) that I should know about it?
Thanks (and first post here, so I apologize if it's a dumb and/or misplaced question).
Is the colorization done by a private company, completely independently of the federal government, and then the private company re-sells them for a higher value?
Yes, yes and yes.
As far as anything special about them - they probably will command a premium value from some but by in large serious coin collectors will not be interested. Also, if nothing else, they are worth their weight in silver which as of today is about $19. If it's what helped you start your own collection then it's probably worth much more to you and you should cherish it.
I have no intention to sell it. I just started cataloguing and organizing my coins/banknotes (spreadsheet, binder, and Numista), and I just wanted to make sure exactly what it is I had since I couldn't find any colorized versions on Numista (which has been a huge help).
Tópico movido para "Numismatic questions"(ZacUK, 11 Jul 2022, 06:01)
Purely profit driven by a third party business. When I do come across these types, I offer a little more than melt if in perfect condition depending on the date / mint I need. I then remove the applied decal with a soak in acetone, usually overnight. The decal usually comes off in a sheet. No harm, no foul as I prefer these coins as intended by the mint. They are beautiful coins in their own right without the distracting colorization.
I've got an Australian bullion coin that's been partially gold-plated. Also done by a private company I'm sure but I really love the aesthetic a gold quokka has 😄
I've got an Australian bullion coin that's been partially gold-plated. Also done by a private company I'm sure but I really love the aesthetic a gold quokka has 😄
Agreed. Beautiful and they can be tastefully enhanced. Not so with the ASE the OP posted. Blow it up and take a closer look.
I've got an Australian bullion coin that's been partially gold-plated. Also done by a private company I'm sure but I really love the aesthetic a gold quokka has 😄
Interesting, I thought that it was illegal to colorize or plate Australian coins?
A person shall not, without the consent, in writing, of an authorized person, intentionally deface, disfigure, mutilate or destroy any coin or paper money that is lawfully current in Australia.
Master Coin Referee
Coin referee for CRI, GTM, HND, NIC, PAN, and SLV.
Revisor principal de monedas
Revisor de Numista para monedas de CRI, GTM, HND, NIC, PAN y SLV.
A person shall not, without the consent, in writing, of an authorized person, intentionally deface, disfigure, mutilate or destroy any coin or paper money that is lawfully current in Australia.
Without getting into the endless law details and lawyer speak, generally “bullion coins" minted by governments are not technically considered as currency intended for every day commerce even though they may show a monetary denomination. Their role is relegated to that of a “collectible and investment asset" . Once purchased, it is yours to do what you choose to do with them and governments will not come after you.
I've got an Australian bullion coin that's been partially gold-plated. Also done by a private company I'm sure but I really love the aesthetic a gold quokka has @
Agreed. Beautiful and they can be tastefully enhanced. Not so with the ASE the OP posted. Blow it up and take a closer look.
I got one of those too. Got it from my mother when she passed away. Not worth much besides silver value but then again it was from my mother so it has value to me.
I got one of those too. Got it from my mother when she passed away. Not worth much besides silver value but then again it was from my mother so it has value to me.
Of course. Some things you just can't put a price on. I have a few of my own sentimentals for various reasons.
