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New York Mint Anyone?

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Bedrock of the Community
United States
20753 Posts
 Posted 09/24/2012  07:44 am  Show Profile   Bookmark this reply Add just carl to your friends list
As already noted the usage of the word MINT makes people think it is actually one of the US Mints. Many would assume they can get fantastic deals if doing buisness directly with the Mint. Many companies use such names to fool the general public. For example Harris puts out a product called the United States Mint Albums and Folders. Always thought that was funny since I've heard so many say don't buy a Harris product but those United States Mint Albums are great.
Valued Member
291 Posts
 Posted 09/24/2012  08:47 am  Show Profile   Bookmark this reply Add Senex to your friends list
Just another sleazy coin marketer preying on the uneducated.
Pillar of the Community
United States
2077 Posts
 Posted 09/24/2012  2:04 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list
My neighbor used to buy from them. He thought they were a part of the US Mint. He paid more for clad proof sets than I paid for the silver ones!
Pillar of the Community
United States
844 Posts
 Posted 09/24/2012  4:40 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list
thanks for the input guys. I actually did know they weren't a mint per say. That's why my first thought was what it was. I was only interested in asking because I did find something in there that caught my attention. That is a "1909-1958 3-troy-lb. bag of Wheat Cents" for $49.95 I wasn't sure if that was a fair price, or if 98% of the Wheat Cents are going to be 50's. Only reason I would consider it at this price is comparing this way vs ebay for each Wheat cent I'm needing for my album. So any input on that?
Valued Member
291 Posts
 Posted 09/24/2012  4:57 pm  Show Profile   Bookmark this reply Add Senex to your friends list

Quote:
thanks for the input guys. I actually did know they weren't a mint per say. That's why my first thought was what it was. I was only interested in asking because I did find something in there that caught my attention. That is a "1909-1958 3-troy-lb. bag of Wheat Cents" for $49.95 I wasn't sure if that was a fair price, or if 98% of the Wheat Cents are going to be 50's. Only reason I would consider it at this price is comparing this way vs ebay for each Wheat cent I'm needing for my album. So any input on that?


Stay away - if you think you will get anything but the most common wheat cents, you are sadly mistaken.
Pillar of the Community
United States
844 Posts
 Posted 09/24/2012  5:07 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list
Advice taken.
Pillar of the Community
United States
2077 Posts
 Posted 09/24/2012  6:35 pm  Show Profile   Bookmark this reply Add OldSkoolMadSkilz to your friends list
BTW, nice trick with the troy lb. That's only about 13 regular ounces.
Valued Member
291 Posts
 Posted 09/24/2012  6:41 pm  Show Profile   Bookmark this reply Add Senex to your friends list

Quote:
BTW, nice trick with the troy lb. That's only about 13 regular ounces.


How many wheaties in a troy lb.
Valued Member
United States
230 Posts
 Posted 09/25/2012  12:55 am  Show Profile   Bookmark this reply Add vb3347 to your friends list

Quote:
How many wheaties in a troy lb.


I'm pretty sure it's 120 wheaties per troy lb.
Valued Member
291 Posts
 Posted 09/25/2012  06:51 am  Show Profile   Bookmark this reply Add Senex to your friends list

Quote:
I'm pretty sure it's 120 wheaties per troy lb.


Thanks.
So for $49.95 you'd get approx. 360 wheat cents, which works out to about 14ยข per coin. More if you have to pay postage on top of that.
Valued Member
United States
337 Posts
 Posted 09/28/2012  12:32 pm  Show Profile   Bookmark this reply Add FinanceGuru to your friends list
Great information for newbie collectors. Now, I live in the New York area so I know they don't have a mint but I can understand how easy it is to deceive people.

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United States
863 Posts
 Posted 09/29/2012  2:49 pm  Show Profile   Bookmark this reply Add silvercoinrn to your friends list
I just got the same magazine
Pillar of the Community
United States
844 Posts
 Posted 09/29/2012  2:54 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list
I thought it was strange that it was described as "Troy" lbs. lol! Now I know why. Not sure on the shipping cost.
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United States
1007 Posts
 Posted 09/29/2012  3:40 pm  Show Profile   Bookmark this reply Add matchbox to your friends list
Never heard of them either.
Valued Member
United States
71 Posts
 Posted 09/30/2012  02:53 am  Show Profile   Bookmark this reply Add craig piette to your friends list
No different
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