"Change" you can believe in--- $9.95 plus shipping & handling...
Posted on 12/25/2008 6:44:45 PM PST by melt
The TV ads tout a "genuine" U.S. Inaugural Presidential Dollar showing President-elect Barack Obama depicted in "glorious full color" for just $9.95, plus shipping and handling.
A coin-collecting expert says the gold-dipped, painted coins are nothing more than a trinket, and the U.S. Mint -- the only official purveyor of U.S. currency -- says buyer beware.
"They are worth the face value of the coin. If the coin says 25 cents, it's worth a quarter," says Scott Travers, author of the Coin Collector's Survival Manual and a New York City coin dealer.
The U.S. Mint last month issued a warning that the heavily advertised commemorative coins -- produced by several private companies in various designs -- are not official U.S. Treasury products.
Altering coins with stickers, plating or colors isn't illegal as long as the company doesn't intend to pass them off as currency or use them as advertising, says Mint spokesman Michael White.
"Our concern here is that it's confusing to consumers," who may think the coins are official government products, White says.
The New England Mint, a Connecticut company advertising the "uncirculated U.S. Presidential Dollars" as "limited edition" coins, did not return phone messages seeking comment. The company has advertised its coin on TV and on the Internet.
The Professional Numismatists Guild, a nonprofit organization of rare-coin dealers, also advised consumers that the recently offered Obama coins are merely mementos with little resale value to coin collectors.
(Excerpt) Read more at suntimes.com ...
"Change" you can believe in--- $9.95 plus shipping & handling...
For his sake they should have left his head on his shoulders. A floating O-head is... disturbing. And the red stripes look like uhm... blood?
The Uno is a scam, so why should a coin with his likeness on it be any different???
I’m not interested in the Hussein Obama set but if they do one for Chuck Berry or Bo Diddley, I’d probably give it a go.
Would you pay for that?
I’ll bet this is the same outfit that sells those disgusting WTC coins.
Has this ever been done for any other prez-elect? I guess if, for some odd reason, he is disqualified to be sworn in, the coins become even more valuable? lol
The Emperor continues to be naked.
You can put lipstick on a quarter... but it is still only worth 25 cents.
Garbage you can believe in. Whenever I see that commercial I change the channel
with the high level of stupidity in this country you can count on the company to sell a large number of these.
It’s like they use to say in the car business:
“There’s an ass for every seat”
“There’s a sucker is born every minute”
Used to, you could get a shave and a haircut for two bits. For this two bits, you get a dumb a__ clown.
You have to admit, you’d laugh if you received one as a white elephant gift, though!
One has to believe this is neigh unto personalized counterfeiting, especially since 0bambi is almost certainly getting a cut of this, or being paid a fee.
OTOH, forking over more than $10 to get the value of one real dollar is something all Americans may well face in the Zero years, while this venture only gets the $10+ out of self-selected, fanatical volunteers.
HF
Ping me when the “President Elect” coin comes out.
“Whenever I see that commercial I change the channel”
Me too.
So the people who sold Ron Paul coins got arrested, but the Obama coin dealers are OK.
I endorse this product. The only ppl stupid enough to buy it are Obama supporters
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