Got this advertisement today from the Danbury Mint(got on their list somehow?) telling me I need to order my Birthyear Coin Set, for the extremely LOW price of $99 plus $7 shipping nd handling! Wow! Now I know just what the set I put together for less than $20 is really worth!
My Birth Year Set:
I sure don't see that a display case and a couple Coin-tains costs THAT much!
The sad part is that by pitching overpriced junk as a "numismatic investment" they have soured tens of thousands of people on the coin collecting hobby as a whole when they take Grandma's home-shopping modern coin stash to the local coin shop and discover it's worth either melt or zero.
Quote: .The sad part is that by pitching overpriced junk as a "numismatic investment" they have soured tens of thousands of people on the coin collecting hobby as a whole when they take Grandma's home-shopping modern coin stash to the local coin shop and discover it's worth either melt or zero.
Exactly! I remember hearing a story of a husband who spent years buying stuff off the "Coin Show" (since the RCM pumps stuff out constantly there is a lot more "great investments" to be pushed off here up north, this one being the biggest) and eventually spending about $15,000.
When he passed his wife took his coins from the "Coin Show" to the local coin shop to sell them, only to find out they are worth a 1/5 of what her husband paid. The dealer who told me this said she just started crying .
This place has all kinds of bargains. The V-Nickels they advertise for $19.95 + $1.95 shipping (each) is pretty tempting. You need to buy a "collection" of 20, and you also get: "Display: Hand-finished, cold-cast porcelain sculpture that revolves on a wooden base." So a roll of 20 and some crappy display for $438.
Quote: As you can imagine, attempting to acquire a decades old set of coins such as this on your own would prove incredibly difficult. We've made it easy...
This is a case in which "marketing" is actually just lying.
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Posted 08/22/2018 8:59 pm
Wonder just how much the 1899 and 1999Proof Centennial Year Sets are really worth!
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