Coins Mint Proof Sets

I see people asking if they can trade the TV commercial "commemorative" 1877 Gold Coin for cash!!!! The thing only costs .95 and then they give you another coin, a silver dollar. That silver dollar even says on the back it is pure silver "clad". The commercial clearly says the coins are both "clad". If someone is thinking they are going to buy for .95 then God help us. Clad means plated, as in covered in gold or silver, or to make it easier gold plated and silver plated. They are probably copper that is plated with the other metals. They are not meant to be confused with being real money and I’m betting they aren’t selling them with the hopes that thousands of people will even remotely believe they are getting for ! Then I see all of the "coin experts" coming in with their brilliant lessons about the value of these coins if they were genuine. If you listen to the commercial it says there were only 2 of these coins ever struck (made at the US Mint) and they are both in the Smithsonian. So these brilliant coin experts telling the other geniuses who are thinking that they might be able to scam someone into buying the fake coins for what they would be worth if they were real – 00-2300 – are insane!!! The actual 2 coins sold for ,000 each in 1909 before the government got them back. Right now they would be worth multi-millions each if they were ever taken out of the Smithsonian Institution, the museum of the United States of America in Washington D.C. – one of the most heavily secured buildings in the country.

Bottom line. If you watch a commercial selling coins for less than face value, please be smart enough to realize they are NOT real and you can NOT get more money than you paid for them unless you find someone else who is even more easily fooled than you are. That was as polite as I could say that. Gold is worth 26 per ounce as of today. The fake coin is said to weigh 2 1/2 ounces. Did you really think you were buying 65 worth of gold for .95!!!??? Silver is worth .63 per ounce today. So, if you are foolish enough to believe that you were going to be getting over 00 worth of precious metal for a 20 dollar bill then you almost deserve to get screwed. You could definitely find someone out there at a burger joint who will believe the coin is real and they will even make change for you, but hen you can pretty much count on getting arrested after they pull your picture off of the video camera. Please have enough intelligence to understand that you shouldn’t do it. Fake money is just fake money. Leave it in the pretty blue box and enjoy it’s beauty. Next time you see a commercial selling money – IT"S FAKE! Don’t buy it.

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Commemorative coins and bullion coins always have a denomination such as , , etc but are worth a lot more, especially gold and silver coins. Why does a coin have a denomination that is significantly lower than what it costs a collector or investor to buy? For example, a 1 oz gold eagle is a denomination coin but it will cost you about 00 or more to buy one right now?
I don’t think anyone understands my question. Why would the US Mint make a 1 oz gold coin for a denomination of when gold is much more than per ounce? For example, a dollar bill is worth but the paper used to print it is probably less than a nickle. Creating a gold coin for that is roughly 00 worth of gold is like making a dollar dollar bill that costs 0 to print.

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Im looking for the value of a NRA 1873 Colt peacemaker gold or possibly gold plated coin. weight is 1 ounce. it’s a 125th commemorative coin. Any help would be appreciated. thanks

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I saw Montel Williams selling these things on MSNBC. Personally, I found it more than just a little tacky. It’s an ounce of zinc clad in gold plate. It’s about the size of an Olympic medal and more than just a little garish.
*****Yes, I’m waiting for somebody to find a corn flake that looks like Obama to list it on Ebay.
P.T. Barnum would be proud of the people selling these coins.

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How do I sell my American Eagle one ounce gold coins?

I have 10 of them and want to sell them. I bought them for 0 and the guy I bought them from charged me per gold coin.

I could probably sell it back to him with same "margin" of about .

Is this a good "deal"?

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Very interesting fact about people – they really do not know the value of gold coints.

Buy The Illuminati: Facts & Fiction from Amazon.com Also available: The Resistance Manifesto by Mark Dice markdice.com Twitter.com/markdice Facebook.com/markdice

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