Rare Commemorative coins featuring George Washington?

My bud has these two old commemorative coins commemorating George Washington’s presidency. The coin face features a bust of Washington (facing right) the years 1789-1797 and there is a hole punched into the top where people had made them into necklaces. He saw one on an episode of Pawn Stars, but we’re having no luck finding that. Can anyone help us out with any info?
The front and back are the same. I found a pic on google thats close to what my bud has. http://www.google.com/imgres?imgurl=http://ny-image0.etsy.com/il_fullxfull.99138936.jpg&imgrefurl=http://www.etsy.com/listing/33516304/george-washington-coin-pendant&usg=__S3u8n9JMLgQ2ep2fJ94uFgsEp2I=&h=300&w=322&sz=35&hl=en&start=26&zoom=1&tbnid=CJBsRVHOwgX2HM:&tbnh=138&tbnw=148&prev=/images%3Fq%3DGeorge%2BWashington%2Btoken%26um%3D1%26hl%3Den%26biw%3D1366%26bih%3D598%26tbs%3Disch:10%2C418&um=1&itbs=1&iact=hc&vpx=934&vpy=290&dur=88&hovh=217&hovw=233&tx=132&ty=128&oei=gjaRTOuJGoWclgezxLTjAQ&esq=15&page=2&ndsp=21&ved=1t:429,r:12,s:26&biw=1366&bih=598

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  • curtisports2 September 23, 2010

    I might be able to if I could see both the front and back of them. There have been many Washington commemoratives struck, beginning not long after he served as president. The years on these are the years of his terms in office.

    But the vast majority of Washington commemoratives, which are correctly called medals or medallions, based on size, and not coins (money), are not very valuable. That’s why seeing what you have is important.

    Edit: OK, looking at that image…if what you have is similar to that, it’s one of the generic types. Usually the reverse side will have a maker’s mark or name on it. They are better pieces if the maker wants it known that they made it. Unmarked pieces, especially with both sides the same, were made with little thought or care except for profit.

    The 1960s were a popular time for presidential collectibles. A number of companies put out sets of all presidents. But this doesn’t look like something that’s part of a set, and it’s probably from the period of the bicentennial in 1932. Holed, it has little value…as you can see, the one in the picture is being offered for just $4.

  • Sam March 8, 2013

    i have that same coin but its a little different than the online for sale .. it looks fake to me i do believe i have a genuine copy.. because u have to look at the no on this coin how they were built and where that hole is and the hair i mean theres such a big difference from whats online … whats online is a fake thats y its so cheap..

  • Sam March 8, 2013

    the coin i have is magnetic and inside the hole is perfect color and around the edges where the date some how is blending in certain places.. what a treasure

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