Many people bought these 99.99 percent gold-plated or platinum-plated quarters believing that someday they would be able to pay for their child's college education or maybe enhance their retirement options. Some coins occasionally show an “S” mintmark originating in San Francisco. The time and effort to recover the It has been produced on and off since 1796 and consistently since 1831. 3268 Posts. Favorite Answer. James Bucki has over 40 years of coin collecting experience, receiving specialized training in coin grading, minting errors, and collecting techniques. They tag them with names such as "Obsolete Coins of America" which contain cheap well-worn coins that are worth only a few dollars and sell the set for thirty dollars or more. Well I have two but don't know if they are gold plated or actually gold. Here's the Shocking Answer & Why Gold-Plated and Colorized Coins Make Poor InvestmentsWhat Are Gold Quarters Worth? Unfortunately, neither gold nor colored Washington quarters and State quarters were ever made by the United States Mint.. Those hopes were followed by disappointment when they quickly learned that they were just ordinary quarters plated with a minuscule amount of gold or platinum. There was little demand for new coins in the deep-Depression year of 1932, so the Washington quarter’s mintage was extremely modest that year – particularly at the branch mints in Denver and San Francisco. While the coin collecting community condemns such things, I saw a set of colorized state quarters in a special wood frame made for them and they were quite impressive. I’ve also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! I’m a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Just a curiousity: are these actually still legal tender after plating? You may have seen gold quarters advertised on TV or in flashy ads in magazines or your local newspaper. So I have kept my 'gold' quarter along with all the other stuff I hoard. My love for coins began when I was 11 years old. However, if the company marketing these coins used false and misleading advertising, you may be able to initiate a lawsuit against the company. The answer goes back to 1792, when the Coinage Act established the U.S. Mint. Note that gold plating coins for advertising, promotions and high school electrolysis experiments have been going on for some time. Serious coin collectors consider these gold-plated coins as "damaged coins" and refused to purchase them. The state quarters were sold in sets like this by third parties. You may have seen the advertisements in popular magazines or late-night info commercials pushing "gold" Usually, the amount of money that people have invested in these coins is minimal and comes nowhere near the amount that would be required to cover the cost of legal fees. If you find coins like these, you’ll be perhaps a little frustrated to learn that while they’re real quarters, they were altered after they left the U.S. Mint.. Unfortunately, you'll have to recover a sizable sum of money to cover your legal fees.
The recoverable gold on these is EXTREMELY small ! Here's the Shocking Answer & Why Gold-Plated and Colorized Coins Make Poor Investments The short answer is usually "no." Of course, seasoned numismatists know otherwise. Many people bought these 99.99 percent gold-plated or platinum-plated quarters believing that someday they would be able to pay for their child's college education or maybe enhance their retirement options. The value of a 2020-W quarter is based on the condition of the coin: A worn 2020-W quarter can fetch between $5 and $10. But some 2020-W quarters are worth more…
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