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 Replies: 25 / Views: 3,639 |
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Pillar of the Community
 United States
5953 Posts |
I assume you could. I have never actually taken one out of the packaging.
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Bedrock of the Community
United States
20753 Posts |
Quote:
I think this is probably the case with most of these dummies that buy this stuff.
Else they wouldn't be conned in the first place. They just don't have the IQ to know any better.
There is probably an Aesop fable that applies to this.
Actually it is sort of sad at how many scams are out there about coins. If you get many of those mail order catalogs, they usually have several things for sale about coins. TV adds, newspaper adds, everywhere someone is selling something to do with coins today. Mostly due to the State Quarters and those baby dollars with presidents on them. It is really to bad there is no way to get most of the population aware of this or similar web sites so they would know what is what with coins. |
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Pillar of the Community
527 Posts |
If this coin is not "gold", then what is it made of?
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Valued Member
Canada
115 Posts |
TheDanMan, if your question is serious, they are made of the cheapest metal possible, (steel ?, zinc ?, "pot metal ? or some other crap), with 14 milligram gold plating.
Let's see, 31.1 grams in a troy ounce, gold is $1645 today. $1645 divided by 31.1 = $52.89/gram. 14 milligrams would be $52.98 times .014 = 74 CENTS ! So your cheap metal at 1 cent or so + 74 cents of gold = very poor investment at $9.95 plus s/h charge.
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Pillar of the Community
United States
539 Posts |
I actually would like to have one. Just not for $9.95 or anywhere near close to that. Maybe a buck or two at the most or postage to nmy house. I collect other non-coin things that resemble coins whenever I run across them. I never pay much for them, 25 cents or so for the novelty. Not really serious about it but when opportunity knocks and it is something interesting, I spend the 2 bits (or whatever). Thanks Terry-T for that math. I'll use it if anyone has one of these at a garage sale or flea market.  |
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Rest in Peace
United States
9104 Posts |
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So your cheap metal at 1 cent or so + 74 cents of gold = very poor investment at $9.95 plus s/h charge. Not even factoring in the fact that to recover that tiny bit of gold will take a lot of time and chemicals removing all the other junk metal. |
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Valued Member
United States
207 Posts |
Wait, so you are telling me that the $2,000 I just invested in these coins I wasted my money? But they are gold CLAD!! I thought I was special because they sold me more than the 10 per customer!
Ahhhh PFFFFT.. lol My grandpa just asked me the other day why don't I buy the gold coins that they are selling on TV.. I had to politely inform him of the truth.
The sad thing is, I bet at least one person who has read this thread has actually fallen for it. Hopefully they are only out the 10 bucks plus shipping and handling and processing fees which I'm sure somehow comes to around $30 as it does with most $9.99 tv commercial scams.
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Valued Member
Australia
51 Posts |
That's not a coin! This is a coin!!   |
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Pillar of the Community
United States
1796 Posts |
No, *that* is a deadly weapon. :-)
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Pillar of the Community
Canada
3692 Posts |
What I don't get is how can that company get away with using a copy of a mint's engraving and passing it on as a crappy product? Two strikes right there.
It looks like your *big* coin has a malnourished buffalo on it.
Edited by Libertad
04/13/2012 5:03 pm
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Pillar of the Community
United States
1116 Posts |
Does the TV coin have "copy" on it at all. Didn't the government go after a company who had a product that was real close to a real coin even though the silver product had the word copy on it. I want to say it was a close take off on the Silver Eagle but right now I'm not sure.
So how can the tv buffalo be sold even if it is a "tribute coin" that some people can take as the real thing. How close in size to the Gold buffalo that the mint is selling to this fake? If it's real close the government should go after this company unless the government is getting some sort of a royalty payment.
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Pillar of the Community
United States
1116 Posts |
I was searching for something else on ebay when I came accross a finished auction for a $50 gold buffalo tribute proof coin that ended up being sold for $15.50. A 50% profit from the advertised TV special. Shipping was free. http://www.ebay.com/itm/50-Dollar-G...em27c54a2dd6Edited by ghostrider
04/14/2012 01:29 am
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Pillar of the Community
614 Posts |
I just had to convince my brother that it wasnt real gold. He got so excited for a second...
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Rest in Peace
United States
9104 Posts |
 , Sovereign Debt! In answer to the question about size, a copy has to be less than half as big as a dime or more than twice as big as a silver dollar, or have COPY incused on it. Raised is too easy to remove. Your 3" plated zinc coaster used to be sold on the back page of a weekly coin paper, for $0.49 per. |
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Valued Member
Canada
115 Posts |
I thought that the large 1913 nickel shown was a real one adjusted for inflation.
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Replies: 25 / Views: 3,639 |
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First Page
Posted 04/09/2012 09:44 am
