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Coin and Paper Money Collecting/1982-1984 olympic gold token?

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Expert: - 6/9/2009


Question
I have recently found a gold commemorative gold token. It does not have a value on it,  so not a monetary coin. It has the Coliseum on one side and the Los Angeles city seal on the other. Could you give me a value range for the coin?
Thank you for your time,
Michele

Answer
Hi Michele,
I have never handled one of those.  First off, you would need to determine if it is infact gold or simply gold plated.  Second, what the purity of the gold is, if it is really gold.  I remember bronze and brass tokens, but none were gold.
Once you know that, it would be easy to determine a value based upon the weight, purity and current gold price.

Regards
Joe Hylas
www.AllCoins.US

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Joe Hylas

Expertise

Numismatic professional with over 30 years experience can answer your questions about US coins, their values, how best to sell them and where to buy them. Interested in starting a collection? Find out which areas are undervalued and how to acquire those coins at the best price.

Experience

Ex-Head Precious Metals trader for Deak-Perera International with 42 offices worldwide. Industry experience since 1978. Has worked co-operatively with US Mint, Royal Canadian Mint, Austrian Mint, Chamber of Mines of South Africa, World Gold Council and Platinum Guild International. Professioanl numismatist specializing in US Coins. Always buying collections, will travel if size of collection warrants. Website: www.AllCoins.US

Organizations
PCGS, NGC, Rotary

Publications
Physician's Money Digest

Education/Credentials
Bachelor's Degree in Business Administration

Awards and Honors
Paul Harris Fellow

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