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National Collectors Mint

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Author Previous TopicReplies: 11 / Views: 9,519Next Topic  
Valued Member
biged239's Avatar
United States
59 Posts
 Posted 05/02/2011  10:41 pm Show Profile   Bookmark this topic Add biged239 to your friends list Get a Link to this Message Number of Subscribers
Hey everybody
Does anyone know anything about this National Collectors Mint? I received a couple advertisements about being a special VIP and they are offering 100 CC Morgans for $49.00 dollars each. They are stating that they are releasing 2,860 of these Morgans for a select group of people. This is too good to be true and they spelled my name wrong. My last name is Bingle and they sent it to Dengle. LOL. I would like any comments or knowledge of this company They also offer a lot of Morgans .999 Clad? I am not going to order anything I just wanted some feedback.
Thanks Big Ed


Valued Member
aguynamedjoebob's Avatar
United States
63 Posts
 Posted 05/02/2011  11:23 pm  Show Profile   Bookmark this reply Add aguynamedjoebob to your friends list Get a Link to this Reply
Everything I've read says this company is a scam. If something is .999 clad, that means it's got a paper thin "plating" on it that is basically worthless.
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Sap's Avatar
Australia
16806 Posts
 Posted 05/03/2011  12:06 am  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply
Do a forum search on their name and you'll find lots of threads and comments about their "products". Suffice to say that they're overhyped, overpriced and often controversial.
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
Valued Member
United States
320 Posts
 Posted 05/03/2011  12:29 am  Show Profile   Bookmark this reply Add Secret Argent Man to your friends list Get a Link to this Reply
I believe this is their line: "avoid disappointment and future regret."

To which I would add "Run away! Run away!"

I'll admit it, I've fallen for one of their items before, and was very displeased. I found them to be highly misleading and while I got "what I ordered" this is not to say I got what I thought I was ordering. My order was "government-authorized" "legal tender" $5 proof coins depicting all US presidents and what appeared to the be the presidential seal on the reverse...when you hear "legal tender" and "government authorized" coins, with depictions of US presidents and an S mint mark, being sold in the USA, what do you think of?

Proof coins, minted by the US mint in San Francisco? not quite. It ended up being Liberian coinage. As it so happens, the Liberian coat of arms looks very similar to the US presidential seal.

Nowhere in their ads was liberia ever mentioned, nor was there any indication this was not US currency.

And that's how it is with these folks. They'll show you something and conveniently neglect to mention a key point, or reference it in such an obscure way that you'd never catch it.... then when you try to get a refund it's" Well we never said it was US currency" or "we never said the entire thing was made of .999 pure gold."

Seriously, stay away.
Pillar of the Community
VisigothKing's Avatar
United States
4778 Posts
 Posted 05/03/2011  12:39 am  Show Profile   Bookmark this reply Add VisigothKing to your friends list Get a Link to this Reply
Treat nat'l collector's mint like the plague and stay away!
Valued Member
biged239's Avatar
United States
59 Posts
 Posted 05/03/2011  07:02 am  Show Profile   Bookmark this reply Add biged239 to your friends list Get a Link to this Reply
I had figured that was what they were. And am smart enough not to fall for the scam.
Thanks all
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 05/03/2011  07:46 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have received a booklet from New York Mint and don't know how they got my name but they have 2011 BU ASE's for 47.98 (they are 62.95 on their website without promotion code) and if you buy 10 its 47.73 (62.64 on their site) and 20 its 47.48 (62.32 on site) and for 40 its 47.23 a piece (62.07 on site). This is less than you can get them on ebay but I just refuse to buy things from these types of organizations even though most of what the NYM sells is US Mint and foreign mint products from Lincoln cents to Morgan dollars and from Koala to Panda coins so I don't think these are quite as bad as National Collector Mint (that sells junk coins) but still you end up paying to much in some way when you order from them
Rest in Peace
pls's Avatar
United States
1729 Posts
 Posted 05/03/2011  10:24 am  Show Profile   Bookmark this reply Add pls to your friends list Get a Link to this Reply
Anything that is hyped as a "collector" item, from a comic book to a coin to an automobile ... is not.
Valued Member
biged239's Avatar
United States
59 Posts
 Posted 05/03/2011  10:44 am  Show Profile   Bookmark this reply Add biged239 to your friends list Get a Link to this Reply
I haven't signed up for any coin items or material with anybody. This is weird how all of a sudden I am receiving
all types of coin stuff in the mail. There are a lot of mints I didn't know about. LOL
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/03/2011  10:59 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply
National Federal Government United States Treasury Collectors' Mint

Pick any three or four words from the list above, and you've got an impressive sounding name for the business you operate out of your garage.
Valued Member
biged239's Avatar
United States
59 Posts
 Posted 05/03/2011  11:17 am  Show Profile   Bookmark this reply Add biged239 to your friends list Get a Link to this Reply
biggfredd
Yes all of the above have mailed me something. I still don't have any way of knowing how they got my mailing address? Well they didn't really because they are sending it to this Dengle fellow. LOL
Thanks Big Ed
Rest in Peace
biggfredd's Avatar
United States
9104 Posts
 Posted 05/03/2011  11:27 am  Show Profile   Bookmark this reply Add biggfredd to your friends list Get a Link to this Reply

Quote:

Anything that is hyped as a "collector" item, from a comic book to a coin to an automobile ... is not.

All that's required to be a collector's item is that some chooses to collect it. I saw where a guy collected his belly button lint, even had some in museums.

Does that mean anyone else will be interested in collecting his belly button lint? Of course not.

A corollary to this is that anything that needs a Certificate of Authenticity prolly never had its authenticity questioned to start with. What you really want is a guarantee of resale value.

The other day someone called several times wanting to know what we'd pay for some stamps they had (they had to keep calling back because they didn't have them where they could answer questions about them).

They always started by explaining they had a COA (a dead giveaway that they prolly have no resale value), the third time, they even read the COA, something about these stamps being recognized as postage by all post offices worldwide, etc. I finally told them we buy stamps, not COAs, what are the stamps?

Blah, blah, blah, special issue .999 gold blah, blah, Ghana.

"Perfect", I said. "If you're ever in Ghana, you can use them to mail stuff, and the post offices in the rest of the world agree to deliver the letter. If you have about a ton of them, we can process the microscopic layer of gold off and get maybe an ounce of gold. As far as collector value, you'd be lucky to get a dime apiece."
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