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Presidential Dollars (And Stamps)

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Author Previous TopicReplies: 11 / Views: 966Next Topic  
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 11/01/2006  10:54 pm Show Profile   Bookmark this topic Add sandpaper to your friends list Get a Link to this Message Number of Subscribers
I got a real nice mailing with regards to these. Is it just me or will this be a flop? $139 for each coin and stamp and they're plated. Maybe it's all in the low mintage?
Pillar of the Community
Tpatna's Avatar
United States
1626 Posts
 Posted 11/01/2006  11:55 pm  Show Profile   Bookmark this reply Add Tpatna to your friends list Get a Link to this Reply
Was that mailing from the U.S Mint? I have not received a mailing as of yet.
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 11/02/2006  12:48 am  Show Profile   Bookmark this reply Add sandpaper to your friends list Get a Link to this Reply
Yes,Tim,real nice little booklet. I'll trade it for those ASE sets,I think I remember you got weeks ago and I am waiting.
Pillar Of The Community
crystalk64's Avatar
3147 Posts
 Posted 11/02/2006  08:39 am  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
The mint has not released anything concerning the Presidential dollars as of yet. And, they do NOT plate coins! And, regardless of what they are, $139 per coin and stamp will definitely make it a FLOP!!! This advertisement had to come from one on the fly-by night rip-off establishments that refer to themselves as a mint? Those Presidential dollars won't command that type of price from the mint and I have also seen nothing of a mention about Presidentail stamps from the USPS! I wouldn't touch this with a ten foot pole!
Member
amac44's Avatar
United States
3242 Posts
 Posted 11/02/2006  08:50 am  Show Profile   Bookmark this reply Add amac44 to your friends list Get a Link to this Reply
They will be released Feb 15 07, they will be only $1.00,and they will be in 25 count rolls
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 11/03/2006  01:22 am  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Wow! Only $139 per coin. What a deal.

Sad thing is plenty of people will probably waste their money on something like this.
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 11/03/2006  10:04 am  Show Profile   Bookmark this reply Add sandpaper to your friends list Get a Link to this Reply
Wow,what a slick gimmick.Thanks for setting me straight.This came from the Hallmark Group.$139 a month for each President.Sure looks real.I think they may be afiliated with the Postal Service. http://i89.photobucket.com/albums/k...HPIM0364.jpg http://i89.photobucket.com/albums/k...HPIM0365.jpg http://i89.photobucket.com/albums/k...HPIM0366.jpg
Valued Member
fastfords1's Avatar
United States
179 Posts
 Posted 11/03/2006  10:39 am  Show Profile   Bookmark this reply Add fastfords1 to your friends list Get a Link to this Reply
Be careful folks, "Tis the Season" and all sorts of these spurious offerings will be made to fleece the unsuspecting,,,I strongly urge anyone with questions about this type of thing to ask, as Sandpaper has, because the knowledge is available here in the forum to keep us from making the mistake of laying out our hard earned $ for junk like this.
Bedrock of the Community
Bryan1315's Avatar
United States
14454 Posts
 Posted 11/03/2006  10:45 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
Boy they word their description very well like "A meticulously sculpted stamp ingot and its inspiration." Which shows a real stamp with the plated stamp they are selling. Then over on the side in very small letters it says this "This website is owned and operated by Hallmark Group, LTD and is not affiliated with the U.S. Government. Hallmark Group, LTD is an Official Licensee of the U.S. Postal Service and the United States Mint. ©2005 Hallmark Group, LTD. Logos, symbols, and trademarks of the U.S. Postal Service and the United States Mint used under license. All rights reserved" which means they are a resaler of their products but they take some of them and replate them with precious metals and make reproductions in metals that was never meant to be made by the mint as tribute peices like they did with the "president dollars" that they now call "presidential medals" they take a original coin and layer it with the gold, they describe that here "All of these Presidential Medals are struck in bronze by the United States Mint using dies made from the original engravings. Each is about the diameter of a classic U.S. $20 gold coin and weighs 20 grams before it is layered in pure 24-karat gold." which means they get the originals from the mint made from the original dies (duh) and then they plate them and sale them as presidential medals
Pillar Of The Community
crystalk64's Avatar
3147 Posts
 Posted 11/03/2006  6:39 pm  Show Profile   Bookmark this reply Add crystalk64 to your friends list Get a Link to this Reply
This is ANOTHER typical example of how we can help one another here at this great forum. There is NO WAY in a life time these coins will ever be worth the asking price. Most plated coins, gold or silver, have less than 3mm of the precious metal layered over the original coin. Be smart and buy REAL coins at REAL market prices. Protect yourself and your hard earned money as there are scams everywhere!
Valued Member
sandpaper's Avatar
United States
335 Posts
 Posted 11/03/2006  7:27 pm  Show Profile   Bookmark this reply Add sandpaper to your friends list Get a Link to this Reply
quote:
Originally posted by amac44

They will be released Feb 15 07, they will be only $1.00,and they will be in 25 count rolls

A dollar coin from the real, Mint, and only a dollar?
Rest in Peace
Gary Burke's Avatar
United States
3730 Posts
 Posted 11/03/2006  9:01 pm  Show Profile   Bookmark this reply Add Gary Burke to your friends list Get a Link to this Reply
Your bank should have them available at face value.
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