Received My Reagan(Silver Round) Dime

The Reagan proof "dime" thats what the called it on t.v. a "dime" because of its reverse is silver Crstalk I saw it on a commercial but I didn't buy it I should had though

I am not knocking your purchase nor your interest in the Reagan offering. I was making the point that the media (TV, Radio, Magazines and Newspapers) have very little ethics when it comes to making money. They do not verify much and will print anything regardless of how misleading or deceptive it really is as long as the payment is made. It is all about making money and misleading the unknowledgable has no bearing what so ever. With the release of the Statehood Quarter program came an influx of "New" releases aimed at the uninformed at ridiculous prices for hyped junk that will never have any value other than that which has already been paid so they are a losing investment the minute you purchase them. Many are also coated silver or gold over a base metal and the coating is so thin they wouldn't even be worth melting down.
I am glad to see you are well aware of what you have purchased as most numismatists are. But for every coin collector that makes such a purchase there will be hundreds, if not thousands, of uninformed individuals buy these coins actually thinking they have lucked into a great investment. After the hype is gone many will finally attempt to sell their "coins" and only then will they find out what they really have. I have seen this many times in the last few years with single coins and whole sets of coins (which were not really coins) and the owners are always SHOCKED to find out their real worth compared to what they have paid. Guess I would just like to see real TRUTH in ADVERTISING to protect those who need the protection.

quote:

---

Originally posted by crystalk64

I am not knocking your purchase nor your interest in the Reagan offering. I was making the point that the media (TV, Radio, Magazines and Newspapers) have very little ethics when it comes to making money. They do not verify much and will print anything regardless of how misleading or deceptive it really is as long as the payment is made. It is all about making money and misleading the unknowledgable has no bearing what so ever. With the release of the Statehood Quarter program came an influx of "New" releases aimed at the uninformed at ridiculous prices for hyped junk that will never have any value other than that which has already been paid so they are a losing investment the minute you purchase them. Many are also coated silver or gold over a base metal and the coating is so thin they wouldn't even be worth melting down.
I am glad to see you are well aware of what you have purchased as most numismatists are. But for every coin collector that makes such a purchase there will be hundreds, if not thousands, of uninformed individuals buy these coins actually thinking they have lucked into a great investment. After the hype is gone many will finally attempt to sell their "coins" and only then will they find out what they really have. I have seen this many times in the last few years with single coins and whole sets of coins (which were not really coins) and the owners are always SHOCKED to find out their real worth compared to what they have paid. Guess I would just like to see real TRUTH in ADVERTISING to protect those who need the protection.

---

Terry,
No problem, I understand exactly what you are saying. These types of things coming from a Mint other than the U.S Mints are usually never too valuable, just more of a oddity than anything,to me anyway. I would never purchase one unless it was dirt cheap and just as a thing of interest to me but this one was free. I just thought I would show others what it looked like.

Bryan,
The Morgan was great.