nm, scam, not hot at all...

[FreshPrince]

saw this in today's Parade...I thought how could they sell that much gold for such a low price. can anyone shed some light on this?

it's gotta be too good to be true....unless the coins are gold plated, then that would make sense, but it does not state that in the ad...

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Locked for Scam.
AnandTech Moderator Evadman

 

[widefault]

$98 for 50 $1 coins. You're throwing away $48.

 

[richd111]

Huge scam.

Contents on the right side

 

[FreshPrince]

Originally posted by: widefault
$98 for 50 $1 coins. You're throwing away $48.

but are the coins solid gold?

 

[richd111]

Are you serious?

 

[Rivulentt]

Originally posted by: FreshPrince

Originally posted by: widefault
$98 for 50 $1 coins. You're throwing away $48.

but are the coins solid gold?

You WIN!

 

[Raider1284]

sounds like these "gold" coins are made up of:
88.5% Cu
6% Zn
3.5% Mn
2% Ni

in other worlds everything but gold!


If your read the article it never says "gold coins" and even says "each sealed vault tube is then encased in its own gold foil brick to preserve the coins radiant four metal alloy.


Total and utter scam. They apparently look like gold coins, are "so heavy they feel like soled bars of gold", but the bottom line is they ARENT gold coins.

 

[Lpenguin]

Try this:

http://catalog.usmint.gov/weba...=10001&identifier=8000


Or goto your local post office, put a$20 into the machine and buy a small book of stamps. You will get a mixture of Suzie's, Sacajawea's, and probably some Washington's for your change. And any Washington's you get will most likely be uncirculated, and possibly some of the others will be uncirculated.

All for face value of $1 each plus the stamps which most people use anyway.

Those magazine and newspaper ads for rare stuff are almost always for something you can get yourself for much less, stay away unless you are too lazy to do your homework before you part with your money!:gift:

 

[Capt Caveman]

0

 

[FreshPrince]

Originally posted by: Raider1284
sounds like these "gold" coins are made up of:
88.5% Cu
6% Zn
3.5% Mn
2% Ni

in other worlds everything but gold!


If your read the article it never says "gold coins" and even says "each sealed vault tube is then encased in its own gold foil brick to preserve the coins radiant four metal alloy.


Total and utter scam. They apparently look like gold coins, are "so heavy they feel like soled bars of gold", but the bottom line is they ARENT gold coins.

ok, that's what I was asking for, so they are not gold at all. figures...too good to be true...not hot deal, will edit title.

 

[pontifex]

maybe i misunderstood, but where does it say they are gold coins?

I don't understand how its a scam. they are selling these rare coins for twice they're actual stamped worth. aren't these collectible items that would go up in value?

 

[Lpenguin]

Originally posted by: pontifex
maybe i misunderstood, but where does it say they are gold coins?

I don't understand how its a scam. they are selling these rare coins for twice they're actual stamped worth. aren't these collectible items that would go up in value?

NO! they are not collectibles, they are every day coinage. :thumbsdown: The proofs and UC sets will be worth a little more in the future, but they are selling the same coins you will get in change. Read my previous link above.

The "Ballistic Rolls" that they advertise are packaged by the company selling them, making that fact worthless. If you want these coins as collectibles goto the US mint web site and buy government issue, otherwise you are just paying extra for everyday change.

They are not gold coins but they are the first of a presidential series of coins to be issued for each president at the rate of four coins/year. This is just like the fifty state quarters. Millions of each are being made. Buy the proof sets and mint sets if you want a collectible that will go up in value. These Ballistic Rolls will be probably never be worth little more than $1 each coin for far into the future.