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Coin and Paper Money Collecting/Louisiana Purchase Gold Coin

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Expert: - 11/6/2008


Question
I have a Louisiana Purchase Gold One Dollar coin (McKinley)
it is encased to have made a necklace. What might it's value be?

Answer
Joe,

Unfortunately, when a coin is mounted into jewelry, it usually gets damaged in the process, or becomes unusually worn if mounted and worn regularly, making the coin no longer to be considered a collectible coin but now just a jewelry piece.

As such its value is now only for the gold it contains -- .048 ounce -- currently worth about $34.00

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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