Mint Issues Warning About Barack Obama "Commemorative Coins" scam
http://www.usmint.gov/consumer/index.cfm?flash=yes&action=HotItems#obama
http://www.usmint.gov/consumer/index.cfm?flash=yes&action=HotItems#obama
Mint Issues Warning About Barack Obama "Commemorative Coins" scam
- Thread starter jeff of pa
- Start date
B
BIG61AL
Guest
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
I detest when a coined is altered like this.....a coin is technically ungradable and is worth no more than face value....plus i think it is a rip off!
I detest when a coined is altered like this.....a coin is technically ungradable and is worth no more than face value....plus i think it is a rip off!
OP
OP
- Thread starter
- #3
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
Luckly They are only doing it to the new Dollars
which will never be worth anything
because they will rot away eventually.
But I can't believe people are paying such outrageous
prices for a $1.00 coin with a picture pasted on it.
Eventually the paste will dry out & the pic will fall off anyway.
& Forget about giving your local Coin Dealer anything but a Laugh
If you bring it in for Grading & Value.
First thing I'd do is tell them I'd give them .75 Because I need to make a Profit.
Then I would Rip the Pic off the top.
Then I'd throw the pic in the trash
and the dollar in my Change Jar :P
Luckly They are only doing it to the new Dollars
which will never be worth anything
because they will rot away eventually.
But I can't believe people are paying such outrageous
prices for a $1.00 coin with a picture pasted on it.
Eventually the paste will dry out & the pic will fall off anyway.
& Forget about giving your local Coin Dealer anything but a Laugh
If you bring it in for Grading & Value.
First thing I'd do is tell them I'd give them .75 Because I need to make a Profit.
Then I would Rip the Pic off the top.
Then I'd throw the pic in the trash
and the dollar in my Change Jar :P
LadyDigger
Bronze Member
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
I only buy from the US Mint and no one else!
However, I did not know it was a picture "pasted" onto the coin...interesting!
Thanks for the article!
Annmarie
I only buy from the US Mint and no one else!
However, I did not know it was a picture "pasted" onto the coin...interesting!
Thanks for the article!
Annmarie
OP
OP
- Thread starter
- #5
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
From the above Link.
"practice of superimposing colorized images"
"A superimposed image is entirely different from and obscures the coin's original design"
Also if you look close at the Image you can see it's a paste on :P
I Don't know what they charge but, way too much for a piece of paper
the size of a coin I'm sure
Ron and Ann said:
From the above Link.
"practice of superimposing colorized images"
"A superimposed image is entirely different from and obscures the coin's original design"
Also if you look close at the Image you can see it's a paste on :P
I Don't know what they charge but, way too much for a piece of paper
the size of a coin I'm sure
LadyDigger
Bronze Member
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
When the commerical first came out...it was $19.95...then I saw a commerical that was offering the coin for $9.95 and they added a second coin to it as well. It was an image on a Kennedy Half Dollar.
jeff of pa said:Ron and Ann said:
From the above Link.
"practice of superimposing colorized images"
"A superimposed image is entirely different from and obscures the coin's original design"
Also if you look close at the Image you can see it's a paste on :P
I Don't know what they charge but, way too much for a piece of paper
the size of a coin I'm sure
When the commerical first came out...it was $19.95...then I saw a commerical that was offering the coin for $9.95 and they added a second coin to it as well. It was an image on a Kennedy Half Dollar.
aa battery
Gold Member
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
and i bought 10 of them, now i feel cheap
and i bought 10 of them, now i feel cheap
Wheresthegoodstuff
Full Member
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
I was cracking up when I saw these on HSN and QVC. Not that I watch those or anything
I was cracking up when I saw these on HSN and QVC. Not that I watch those or anything
Siegfried Schlagrule
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- Mar 19, 2003
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Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
Most of these say "Strict limit of five per household" siegfried schlagrule
Most of these say "Strict limit of five per household" siegfried schlagrule
OP
OP
- Thread starter
- #10
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
that's to make it look like it's a limited production by the mint.
I bet when you call,
if you say you want more
or even if you order 5
they say on the phone
they can give you as many as you want for a limited time
But you must order now
or Maybe under 5 isn't a crime but 6 are :P
Siegfried Schlagrule said:
that's to make it look like it's a limited production by the mint.
I bet when you call,
if you say you want more
or even if you order 5
they say on the phone
they can give you as many as you want for a limited time
But you must order now
or Maybe under 5 isn't a crime but 6 are :P
Jimmy(PA)
Sr. Member
- Jan 3, 2008
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Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
From what I hear they government will be putting his image on Food Stamps.
im sorry guys I had to say it.
From what I hear they government will be putting his image on Food Stamps.
im sorry guys I had to say it.
Jimmy(PA)
Sr. Member
- Jan 3, 2008
- 479
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Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
Oh Ya like you wernt thinking it.
titanicgirl said:Jimmy(PA) said:From what I hear they government will be putting his image on Food Stamps.
WOW...
Oh Ya like you wernt thinking it.
Jeffro
Silver Member
Re: Mint Issues Warning About Barack Obama "Commemorative Coins" scam
So what's the scam? Sounds to me like it'll be pretty much like his Presidency.... all show and no go!
So what's the scam? Sounds to me like it'll be pretty much like his Presidency.... all show and no go!
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