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Monday, September 24, 2012

1933 Double Eagle!


Edge inscription "1933 Double Eagle"

Not exactly a 1933 Double Eagle, but close enough. This is one of those types of coins that you normally see on TV or in a magazine that is advertised as being clad in x (amount) milligrams of pure gold; clad being the key word. The entire coin contains almost no gold and a lot of base metal, the base metal most likely being copper or some other gold-like metal. Coins like this are nice for putting in the spots of extremely rare coins, such as the 1933 Double Eagle or the 1804 Silver Dollar, but that's about it. Since there is so little gold in the plating, the coin is practically worthless just for gold and since base metals are also practically worthless this coin has very little metal value. As for collector value I'd say $30.00 is a fair estimate considering I've seen this coin going for anywhere from $20.00-$50.00 and most people don't want a fake coin in their collection.

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