I found a 2005 gold nickel today in the cash drawer at work. I switched it out for a nickel of my own. Anyways, what is the value of this gold coin???
2007-10-24 15:43:41 · 0 answers · asked by roenajdje 1 in Games & Recreation ➔ Hobbies & Crafts
Your coin is either gold plated or, more likely, toned. No way to know with out pictures/more information. So...
1 - Take your coin to a local coin dealer (trustworthy ones can be found - shop around). It never hurts to get a second opinion. They will be able to tell you so much more by evaluation the condition of the coins. They will also know the amount minted and what it is going for in today's market.
2 - Try posting pictures on this website (there are many experts here that can help you evaluate it - there also may be people willing to buy if you are trying to sell):
http://www.coincommunity.com/forum/default.asp
3 - Repost this question and include pictures. You can use websites like http://www.photobucket.com and include the link in your question.
Good luck!
P.S. You should not clean your coins. Most coin collectors see cleaning a coin as the equivalent of stripping down antique furniture and refinishing it.
When cleaning, the surface metal of the coin is often stripped. Anything used to scrub the coin will leave scratches (even 100% pure silk will leave hairline scratches). Most cleaning products will have some type of reaction with the coin's metal and the surface metal can also be removed in this manner.
Your best bet is to leave the coins alone. Cleaning the coin will leave traces - which can be found by the knowledgeable collector - who in turn will not buy the cleaned coin. Also if you ever wanted to send your coin into a grading company, they can recognize signs of cleaning and will send your coin back in a "cleaned" slab (also called a "body bag" in the coin world) - which is usually a greatly decreased value.
If you absolutely must must must clean your coins do not use the method described above as it will react with the metal in your coin. Use 100% acetone (do not use fingernail polish remover!). It must be 100% pure because other additives will react with the coin metal. Place your coin(s) in the solution for several minutes (do not leave in for long periods of time). Rinse your coin(s) in distilled water. Next remove your coins and either pat dry with a soft cloth or allow the coin to air dry (air drying is better as you don't risk scratching the coin with the cloth). NEVER scrub your coins!
I would still advise you to leave your coins as they are. They may not be bright and shiny but that is what most collectors prefer.
2007-10-24 16:29:00 · answer #1 · answered by Anonymous · 5⤊ 0⤋
Gold Nickel
2016-10-02 09:46:58 · answer #2 · answered by livermore 4 · 0⤊ 0⤋
When they came out with the Westward Journey nickels it did not take long for the get rich quick group to start to gold plate them as well as paint them. There is very little gold on it and it would cost more to get it off then it is worth. I think they sell for around $5.95 or $6.95. They are advertised in Numismatic News the weekly coin paper as well as coin World. You can also get the state quarters plated with gold or platinum or colorized. The hand colored ones are nice, but of course a considered damaged by most coin collectors. I think a set of 50 in a nice wood frame, would look great in a den. At east you have a conversation piece and if you are good at telling a yarn can tell your friends it was one of the gold coins that went to the space station. I know, now I have started another urban legend and I have heard a lot.
2007-10-25 14:23:56 · answer #3 · answered by Taiping 7 · 0⤊ 0⤋