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1

Is it worth holding on to the new gold dollar coins?

Jack W. asks: Is it worth holding on to the new gold dollar coins? If it is, are there certain ones I should be looking for, such as markings etc. Thank you.

The Sacagawea, Native American and Presidential dollars should be….spent. The numbers minted are vast. Collectors in the future will look to purchase gem condition examples. You won’t find ones in that lofty condition in the wild but you can buy Mint and proof sets from the U.S. Mint (see their link on the CoinSite Links page). For regular issues, those are the ones to save.

Some lucky people have found errors, including a rare mule error (with the obverse of a Washington quarter and a reverse of a Sacagawea dollar struck on a dollar blank). Those have turned out to be a financial boon to the finder.


Note that there is no gold in the “golden” dollars. It is an alloy of copper-nickel with a bit of manganese to temporarily give it a “gold” color. An unprotected coin soon oxidizes to a chocolate brown.

Dec 31, 2013coindoc
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