Am I Nuts Or Does The News Not Know What Is Being Reported?

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Author	Replies: 8 / Views: 540
wilsonwu89 Pillar of the Community Canada 705 Posts	Posted 04/14/2026 6:24 pm 8BcXdgon-0c This news clip is sad all around. Is this a case of someone thinking they have rare gold coins when they're literally just gold plated circulation coins? The letter provided by the bank even confirms he paid $8.00 for these so called 24k gold coins. What is going on? Are these gold or not? Report this Post to the Staff

Slider23 Pillar of the Community United States 4468 Posts	Posted 04/14/2026 7:06 pm This video appears to have been made in May of 2022 as the bank letter and tracking number is dated 2022. Report this Post to the Staff
ArrowsAndRays Pillar of the Community United States 1653 Posts	Posted 04/14/2026 7:35 pm I don't think "the news" is to blame here. Report this Post to the Staff
Brandmeister Pillar of the Community United States 6450 Posts	Posted 04/14/2026 7:59 pm Quote: Is this a case of someone thinking they have rare gold coins when they're literally just gold plated circulation coins? That sure seems to be the case. A lot of elderly people buy those novelty coins from Parade magazine or other shady sources, thinking they are valuable. I don't know of any solid gold State Quarters struck by the U.S. Mint or anyone else. Report this Post to the Staff
HondoB Bedrock of the Community United States 24878 Posts	Posted 04/14/2026 8:21 pm And Channel 6 News didn't check with a LCS to get more information about these coins / sets? Inordinately fascinated by bits of metal with strange markings and figures Report this Post to the Staff
DOCC Pillar of the Community United States 1502 Posts	Posted 04/14/2026 11:17 pm He bought them for $8, enough said. I swing a metal detector and have a knack for finding dirty old coins. Dirt coin restoration projects - https://www.prodetecting.com/restorations Dirt coin restoration blog - https://www.prodetecting.com/blog/ccaw Dirt coin dig videos - https://www.youtube.com/@prodetecting Report this Post to the Staff
Vector Ze Valued Member United States 453 Posts	Posted 04/15/2026 12:09 am I feel bad for James, he got rooked when he bought the coins. It was fraud on the seller's part. Or maybe not so much, at $8. But, ebay is not to blame for his misfortune. The TV station should probably be investigating the seller if they were misleading, not sliming ebay. On the other hand, if James seriously thought he was buying gold coins for $8, bad on him. Didn't his mama teach him there is no gift horse, or that if something seems too good to be true, it probably is? The phrase 'caveat emptor' dates back to the 16th century. Edited by Vector Ze 04/15/2026 12:44 am Report this Post to the Staff
Sap Moderator Australia 16806 Posts	Posted 04/15/2026 03:45 am He's never going to get much money for these coins, as they are indeed not "24K gold", but thinly gold-plated by a mass-marketeering company - the US Mint did not sell either solid gold or gold-plated examples of these coins. They weren't worth the $8 each he paid way back when, and aren't worth $8 each now. I seriously doubt the "buyer" was actually interested in paying $9600 for two "gold" coins he must have known were only gold-plated. ebay calling then "counterfeit" is a stretch, since technically they are indeed genuine coins, but if they were being sold as "24K gold", then ebay is perfectly justified in removing the listings as "significantly not as described" - especially if this guy is asking lots of money for them. Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis Report this Post to the Staff
jbuck Moderator United States 187507 Posts	Posted 04/15/2026 12:03 pm Oh my. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 8 / Views: 540

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