i have a 1900 lafayette dollar coin. it is in pretty good condition. it has a few dent in the grooves, but other than that good condition. i was wondering if anyone know if this coin is worth anything.
2007-11-17 09:19:59 · 6 answers · asked by wishwash 3 in Games & Recreation ➔ Hobbies & Crafts
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.
2007-11-17 15:28:18 · answer #1 · answered by Anonymous · 1⤊ 0⤋
it probably is worth something. not a lot, but something. take it to an expert. look at this:
Today, in marked contrast to when it was issued, the Lafayette dollar is actively sought by type collectors, dollar collectors and of course, those assembling sets of U.S. commemorative coins. As the first commemorative dollar, the first officially issued coin to depict a former President, and the first coin to show the same person (Lafayette) on both sides, the Lafayette dollar will always hold a unique place in numismatics.
2007-11-17 09:27:38 · answer #2 · answered by Lisa L 3 · 0⤊ 0⤋
When it comes to the older commemorative coins they are more collectible in grades at least above extra fine. Do to the dings on the rims this puts your coin below that grade. In that grade the coin is valued at around $365.00. Now that is a value a dealer would pay. I have no listing dealer wise for a lower grade coin. I can not find a price for it in retail guides for a coin in less than extra fine. You will have to see a dealer or two. It should be worth at least $200 unless badly damaged. You need to see a dealer to grade it, more than one is better.
2007-11-17 12:25:46 · answer #3 · answered by Taiping 7 · 0⤊ 0⤋
they are truthfully properly worth some authentic funds. i will't inform you precisely what they are properly worth by using fact it relies upon on such issues by using fact the dates, mint marks and condition of the money; yet listed decrease than are some tough estimates $5.00 gold coin greater often than not xf condition in line with probability $425-$450. $20 gold coin greater often than not xf condition in line with probability $1700+. Gold funds are very standard on the 2nd and searching a shopper should not be a difficulty. A coin broker will purchase them from you yet at a pair of 20% low fee. he's out to make a earnings. Wheat pennies are a splash greater frustrating to furnish you a parent on. All are properly worth something yet condition is much greater important with them and no remember if or not they have a mint mark or not. they are additionally very standard with coin creditors by using fact they at the instant are not fairly costly. in case you have dates interior the 20s they may well be properly worth a minimum of 50 cents. some lots lots greater effective than that. 31-s a minimum of $eighty. 1909 svdb is the king. properly worth a minimum of $seven hundred and as much as hundreds.
2016-09-29 10:37:23 · answer #4 · answered by melesa 4 · 0⤊ 0⤋
wow nice coin! Looks like since it's not in mint condition that it would not be worth as much as these, but still, worth me than I thought it would be. There was only 36,026 Distributed so it is kind of rare. Don't let an appraiser tell you it's worth less than it is. If you plan on selling it do your homework first! Good luck!
Look at that second link! geesh! Lucky you!
2007-11-17 09:50:41 · answer #5 · answered by greenrose1922 4 · 0⤊ 0⤋
Take it to a coin dealer to find out this information.
2007-11-17 09:27:47 · answer #6 · answered by Richard B 7 · 0⤊ 0⤋