Coin and Paper Money Collecting/Colorized Coins

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Question
Hi Dan,

I inherited coins that are from the Morgan Mint.  I have not been able to find out much about some of these coins.  One is a 2000 Tri-Color U.S. silver eagle; enhanced by plating with genuine 24K rose, green and yellow gold.  Does this coin have any value?

Thanks,

Carol


Answer
Unfortunately Carol, if anything, it's lost value by being colorized.  You can't sell it as a regular Silver Eagle -- neither collectors nor dealers will buy it.

It does still contain an ounce of silver -- the gold it's plated with is essentially worthless -- so if you discount it a couple dollars below the spot price of silver, you should be able to sell it.

Spot price of silver can be found at www.kitco.com

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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