News
Report: National Consumer Marketing - American Historic Society Colorized State Quarters Program
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By: Debbie (Oregon City Oregon) |
American Historic Society Complaints - Coin rip off!
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Posted: 2007-11-05 by Leon S. Signed up for a free coin offer and they put me in a coin club, after receiving my first coin club coin and retuning it for a refund, three months later I have yet to get refunded, and here is the good part the phone number has been changed or disconnected. My bank can't do anything because it was a authorized charge. |
Are Obama Coins a Rip-Off?
Do Colorized Obama Coins Have Investment Potential?By Susan Headley, About.com Guide Obama coins were already being sold by TV shopping show coin dealers and small non-governmental mints, even before Barack Obama was elected President of the United States. Colorized coins featuring portraits of Obama are appealing collectibles because Obama has stirred the emotions of many Americans like no other Presidential candidate in U.S. history probably ever has. The sellers of Obama coins play up the historic and emotional aspects of Obama's success, often marketing these coins as rare, limited edition collectibles that could increase in value over time. When you mix emotions and investment decisions, your pocketbook is nearly always a loser. According to nationally known coin expert Scott A. Travers, author of The Coin Collector's Survival Manual, "These coins are absolutely terrible investments. The value of these coins is what you can spend them for today. And the value of these coins for the foreseeable future will still be the face value — what you can spend them for. Do not buy these coins as anything other than souvenirs." |
Newsflash4
| If you are inexperienced collector looking for bargains on eBay from unknown dealers, in places such as China, you will almost certainly purchase counterfeits. On the other end of spectrum if you are experienced and buying from reputable dealers whom are experienced in that area, your risk is very low. Knowledge of what you are buying and whom you are buying through is the key to lowering risk. |
Newsflash3
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Well-known and embattled coin dealer Mark Yaffe has a new company with what may be an appropriate name: The Phoenix Gold Corp. Just two weeks after National Gold Exchange Inc. — the coin business Yaffe and his brother opened more than 20 years ago — filed for Chapter 11 bankruptcy reorganization, Yaffe is operating another firm dealing in coins. |