Very sad ! he more than $47,000 for $2,500 in Franklin mint trash

[jeff of pa]

D ear Mr. Berko: During the past 25 years, I purchased more than $47,000 in collectible silver coins and beautiful non-silver coins from the Franklin Mint for my retirement because I thought the scarcity and limited-edition minting of these coins would drive up their value over the years and because I believed the silver content in the silver coins would also increase in value. Now I’m 64 and decided to sell these coins to a coin dealer who offered me $2,500 for the whole lot.
Coin purchases don

 

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[gleaner1]

There's a sucker born every minute. - P.T. Barnum

 

[truckinbutch]

If Franklin Mint is such a good investment why don't smart people buy their entire inventory ?

 

[Michigan Badger]

The F mint stuff that doesn't sell via their ads goes for pennies on the dollar. I recently purchased a "Civil War" collector knife in it's case (NEW) for less than $20. I've been told these originally sold for over $100. They make great stuff but they make so many it will be a long long time before they're of any serious collector value.

Their stuff is about in the same category as Avon bottles. It should be worth as much as one paid by the year 3012.