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Replies: 11 / Views: 1,994 |
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Valued Member
357 Posts |
I was wondering if US coins from the Commemorative gallery had any value. I am talking about the ones that don't have the non-monetary note with them.
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Pillar of the Community
United States
3546 Posts |
Would you have a photo to share on this issue since depending upon condition the response may vary?
mdpmedia
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Bedrock of the Community
United States
12437 Posts |
What is a commemorative gallery and what is a non-monetary note 
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Moderator
 United States
15394 Posts |
Indeed ... would like to help but your question is confusing us.
Please clarify ... photos always work best.
David
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Pillar of the Community
United States
652 Posts |
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Valued Member
 357 Posts |
I'll take pictures later tonight. But by non-monetary I mean the note that comes with the Double Gold Eagle copies compared to coin sets.
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Pillar of the Community
United States
3453 Posts |
Looking forward to seeing the pictures!
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Valued Member
 357 Posts |
I'll be posting the pictures around 5:30pm Pacific time.
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Valued Member
 357 Posts |
One of the sets that I will take pictures of has what it says is "The obsolete Racketeer nickel" from 1883 and seems to be gold plated. For now, I'm going to say it's fake unless others disagree based on pictures. There's also writing that says "A United States Commemorative Gallery exclusive."
Edited by Coinfanmorgan 12/20/2012 4:44 pm
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Moderator
 Australia
16808 Posts |
The United States Commemorative Gallery is the name of one of these mass-market coin sellers that buy cheap coins or commission some replicas of coins to sell them to non-coin-collectors for vastly more than they're actually worth. They're currently selling the racketeer nickel set for $62 - the price drops to $49 if you buy them in bulk. I'm assuming it's not too hard to buy a heavily worn racketeer nickel, plus four heavily worn non-racketeer V nickels, for much less than $62. Then they're throwing in gold plating on the racketeer and a pretty wooden box. So to answer the OP's question: No, they are not likely to have any value to an actual coin collector, nor retain their value. Somebody trying to resell one of these sets will have a hard time getting their money back within a generation, probably not anytime this century.
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
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Valued Member
 357 Posts |
Great, thanks. What about the bags of pennies, dimes and nickels? Are those fake Mercury dimes or real?
Edited by Coinfanmorgan 12/20/2012 5:29 pm
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Moderator
 Australia
16808 Posts |
I can see where they're selling wheat cents for $19 for a half-pound bag (about 70 coins), but not where they're selling silver dimes. But I doubt they'd sell fakes or replicas without saying somewhere that they're fake or replica - these sorts of coin sellers are generally too slick to resort to outright lying or overtly breaking the law. If they sold bags of Mercury dimes, they'd be cleaned, worn, common-date and way overpriced - but most likely genuine.
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
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Replies: 11 / Views: 1,994 |
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