Vote on this: Thinking about making a raffle (silver and gold)
coastalpride85
Posts: 376 ✭✭✭
I am considering starting a raffle for some coins (all out of my personal collection) just for some summertime fun giveaways. I am thinking between 3-5 winners, with prizes descending in order, entries will be low cost. Each entry will gain a number, then use a random number generator to announce winners.
Vote on this: Thinking about making a raffle (silver and gold)
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I doubt it would be allowed here.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I sent a message to @HeatherBoyd asking if it would be allowed, being that it is all from my own collection and only within this community, but have not received an answer yet. I figured while waiting for a response I would get the opinion of all the fellow collectors and see what happens from there.
Raffles are a form of gambling. If the coin were a donated prize and the proceeds went to a charity, it might be a different story.
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
I put no because it sounds like it wouldn’t be allowed here, but I’m sure Heather would clear it up.
Always buying nice toned coins! Searching for a low grade 1873 Arrows DDO Dime and 1842-O Small Date Quarter.
Forget it.
There are legal and statutory issues with raffles, both federal and state. Google around.
Probably not a good idea.
Lance.
Ah well, just trying to spark up some healthy coin interest for fun. No harm no foul, I reckon kill the post. I will try to come up with something else.
I say 👍... people doing holes and making trash from amaizing coins... what else can happen?
I doubt they would approve it. It would be nice though
Sounds interesting.... not sure if it will be OK here... Cheers, RickO
If you have to buy a ticket to enter then you enter a weird realm. Caution is advised.
Since our hosts is in CA the primacy would be to CA but if individuals are from other states then their cross border laws my kick in.
Some reading material for CA:
CA Gambling Control Commission
http://www.cgcc.ca.gov/
Raffles in CA
https://oag.ca.gov/charities/raffles
I apologize for not getting to your question sooner, as others have pointed out, there are a number of legal issues with running raffles so they are unfortunately not allowed on this forum.
Thank you for understanding, I am sure it would be a fun event for many here.
Heather Boyd
PCGS Senior Director of Marketing
These happen a lot on IG. You may want to try it there.
You noticed them too eh
Good eye
Welcome
"Inspiration exists, but it has to find you working" Pablo Picasso
I don't think there is any chance PCGS will allow you to hold a raffle on their site.
In honor of the memory of Cpl. Michael E. Thompson
The other option would be to do a giveaway. No charge to enter. Those are lots of fun and always welcome.
I hold a small giveaway now and again, was hoping to try something new, but I definitely do not want to break any rules or cause trouble. I will figure something else out. Thank you to all who expressed interest and comments.
You answered yourself.
“Giveaway” = no charges/fees/costs to participants is tried and true and works