Readers ask, Coin World answers.
Let's dive into the mailbag and see if we can help some collectors
out with getting the information they need.
Plated State quarters
I have State quarters that were coated with .999 gold and .999
platinum. Are these coins valued more or less than the original
coins would be valued in Mint State condition? If it is more, how do
I find out how much the gold or platinum on them is worth?
Lori Carlock; Hackensack, N.J.
A: State quarter dollars, painted or plated with gold or other
precious metals, were often heavily marketed as “investment” pieces,
because they ostensibly contained a precious metal. However, the
coatings used to decorate the quarter dollars, among other coins
similarly altered, are so extremely thin that they possess virtually
no precious metal value.
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Whether painted or plated with gold or some other gold-like
substance, coins treated in this manner have no real numismatic value
beyond their face value. In this instance, coins like these would be
worth 25 cents apiece. Therefore, these would be worth no more than,
and likely less than, the same, but unaltered, coin, in Mint State condition.
Some collectors like coins altered in this manner; others do not. If
one likes them, and the price is not exorbitant, then there is no
reason not to collect them, as long as the buyer is aware that the
coins do not contain substantial amounts of precious metal and will
have no premium value.
I have a “ballistic roll” of
2007-P Thomas Jefferson
. I can’t find a value for it. Can you determine?
Fred Stuart; location withheld
A: Coin World’s Coin Values doesn’t provide pricing for coins
in rolls. However, viewing completed sales on the Internet auction
site eBay is one good resource by which to determine their value.
For example, an eBay sale that ended June 15 offered a 25-coin roll
of Uncirculated 2007-P Jefferson Presidential dollars. The roll sold
for $28.55, or just $3.55 above its $25 face value. That would seem to
be a fair representation of its current market value.
The 2007 Thomas Jefferson dollar has the third-highest mintage of
the series, topped only by the 2007 George Washington and John Adams dollars.
The Philadelphia Mint struck more than 100 million
Jefferson dollars for circulation; more than 102 million of the coins
were struck at the Denver Mint. These mintages don’t include the
P-Mint and D-Mint Satin Finish Jefferson Presidential dollars offered
in the U.S. Mint’s 2007 Uncirculated Mint sets or the Proof 2007-S
Jefferson dollars struck by the San Francisco Mint that year.