8mill, etc, coin plating..also other "mint" companies.

GoldCoinLover

Well I have 2 questions. My first question is how can companies actually mint commerative coins without the mint sueing them? For example, if you look at any coin magazine today, you will see sometimes these annoying ads that I think would fool the average buyer. One of these so called "minting" companies names is called National Collector's Mint. They do ads which start out always like this: Washington, D.C, Corp. ID center, thursday, 8:55 AM - Today history is being made!

All of the coins they sell are plated. They use the term "mil". Now, what does "mil" refer to? For example one of their ads was for the 51st state quarter, they say it's a 100 Mil Pure silver proof. On another one of their adds they try to sell you a 1933 saint gaudens eagle replica, which looks very similiar to the real thing, of course its also "mill".

How do you gold plate something? I don't see how these people can mint these coins and make their own profit, yet not be sued by the US mint.

Thanks

kieferscoins

I thought you went to camp yesterday?

Cameron Kiefer

GoldCoinLover

<< <i>I thought you went to camp yesterday?

Cameron Kiefer >>



Not yesterday, no. Most people probably assumed it, because I didn't post. But I was in all honestly upset from Dog97's comments, and I didn't feel like posting.

kieferscoins

Thread with your answer

another one

Cameron Kiefer

GoldCoinLover

<< <i>Thread with your answer

another one

Cameron Kiefer >>



Thanks!

lordmarcovan

National Collector's Mint =

GoldCoinLover

Again, I don't understand how a company other than the US mint mint coins. Why aren't they getting sued?

Conder101

Because they aren't minting coins, they are minting medals, or fantasies. They are in different composition than the real coins, usually a different size, or something that there is no real coin of such as the DC "state quarter". They never claim they are real coins, nor do they claim they are legal tender. And if they are too similar in size and appearance they mark them COPY as with the 1933 double eagle fakes. On the other hand since they have the striking capability, they COULD contract with the government of another country to strike real coins for them and they WOUKD be legal tender in those countries. (Such as the Franklin Mint used to do.)

airplanenut

One easy way to plate coins is with a vacuum... my dad plates things all the time... and he has plated a dime. It takes basically nothing to fully plate a coin.

lordmarcovan

<< <i>One easy way to plate coins is with a vacuum.. >>



Does your dad use an upright, or canister type? Doesn't all the dirt and dustbunnies in the bag mess up the surface you're plating?

mgoodm3

<< <i>

<< <i>One easy way to plate coins is with a vacuum.. >>



Does your dad use an upright, or canister type? Doesn't all the dirt and dustbunnies in the bag mess up the surface you're plating? >>



I was thinking the same thing but you beat me to it.