Are these really gold and silver?

[SilverHoarder07]

COINS

local craigslist ad, just interested in what you guys think before I pursue or make any commitments.

 

[stefen]

Yes...

Go to a reputable coin store and get their advice....

 

[waseeker]

I agree those need to be checked by a reputable coin dealer. From what I could see most of them are either cleaned polished coins sold by mass marketers or in the case of the 2 labeled tribute proof, the are probably silver rounds but no guarantee they are silver. The gold examples are probably plated. At the price he is quoting I personally would run the other direction as fast as I could. However, if seller agrees to meet you at a coin shop you can get a better idea of value.

 

[Generic_Lad]

All of them either say "tribute proof" or "national collector's mint"

I'd say all of them are either silver/gold plated.


And after looking at them some more, none of them are even remotely collectable.

You're looking at a few cents of base metal, nothing more.

 

[Sirreckless619]

The gold coins are Definititely plated. The set is on ebay for $150, no buyers.

 

[Jason in Enid]

Run far away! fakes!

 

[Diver_Down]

As others mentioned already, they are not coins as a coin is monetized by a government mint. What is being offered are medals. They are tribute proofs to mimic the real thing. Silver and gold plated base metal.

 

[Red James Cash]

RUN FAR AWAY FROM THEM


National Collector's Mint, Inc. is a company based in New York that sells privately-produced coin, other coins and ancient coins, and creates solid bullion and bullion-clad coin, either as novelties or as legal tender coins in poor countries such as Liberia. Such coins are commonly considered to have no value to coin collectors. The company does not produce coins that are legal tender in the United States, and is not affiliated with, endorsed, or licensed by the U.S. government or the United States Mint. The firm has been indicted, convicted, and penalized for fraud on at least one occasion and continues to sell products that purport to be of high value.

National Collector's Mint, Inc. is owned by Avram C. Freedberg, who is also the owner of Maximum Entertainment Productions, LLC. The companies are located at 8 Slater Street, Port Chester NY 10573. Barry Goldwater Jr., former United States Congressman is a member of National Collector's Mint's board of directors, as indicated on his website under Corporate Affiliations[1] and is a spokesman for the company.[2]

By Federal law, the coins produced by National Collector's Mint, or any other private company, cannot be legal tender in the United States or its territories. The production of legal tender coinage in the United States falls to the United States Mint alone as specified in the US Constitution.[3]
Licensed non-circulating legal tender

National Collector's Mint is or has been a licensee for coin and coin-related products of the General Motors Corporation, Ford Motor Company, Chrysler Corporation, and The Ronald Reagan Presidential Library Foundation.[4]

National Collector’s Mint donated more than $2 million from sales of its 9/11 commemoratives to charities including A Journey for 9/11, Flight 93 National Memorial Fund, National Association of EMTs, NY Presbyterian Hospital, Scott Hazelcorn Children’s Foundation, Todd Beamer Foundation, Tuesday’s Children, United Firefighters Widows & Children Association, United Way’s September 11 Fund, and the World Trade Center United Family Group.[5][6]
Controversy

In 2004, State Supreme Court Justice Thomas J. McNamara fined the National Collector’s Mint for engaging in false advertising and deceptive business practices when issuing their Freedom Tower Silver Dollar coins.[7]

Sales of the Freedom Tower Silver Dollar coins were halted by a court order in October 2004 at the request then New York Attorney General Eliot Spitzer.[8] The company received approval from the officials of the Commonwealth of the Northern Mariana Islands to produce legal tender coinage on their behalf.[9] Spitzer noted that the Commonwealth is not authorized to issue its own currency. It was also indicated that the exact amount of silver contained in the commemorative was not clear to customers. A judge ruled in 2004 that the company was guilty of fraud, false advertising and deceptive business.[10] Current ads for the new Freedom Tower coins indicate the actual silver weight (45 mg, or 0.00145 troy oz.) rather than the thickness of silver in mils used.

Freedom Tower coins were plated using silver collected from the destroyed World Trade Center after the September 11, 2001 attacks. The Bank of Nova Scotia had silver and gold bullion stored underneath the World Trade Center at the time of the September 11, 2001 attacks.[11] This gold and silver was later sold to individuals and companies. U.S. Sen. Charles Schumer and U.S. Rep. Jerrold Nadler said the "recovered from the vaults beneath the ashes of Ground Zero" claim cannot be substantiated, and called on the Federal Trade Commission to stop National Collector's Mint from selling the Sept. 11 coins, which are seen as taking sales away from an official Sept. 11 medal that benefits the National September 11 Memorial & Museum being built at the World Trade Center site.[12]

National Collector's Mint website claims their customers have donated over $1,900,000 to charities, including Official September 11 charities,[13] and associates these donations with NCM corporate giving, though it is not stated whether any significant amount was actually contributed by National Collectors Mint or its owner. It is also not stated what role NCM played in soliciting these charitable donations from their customers. In one instance a donation from the company was refused.[14

 

[Diggin-N-Dumps]

I think they are fakes...Right before Ebay stopped lettign China sell the " Morgan Dollar Replicas" they were selling sets of them exactly like this, in a nice case and stuff..i was gonna buy the just to hang on the wall...I personally dont trust anyone selling Coins or Silver and Gold at a good deal on CL, Way to easy to be ripped off