Coin Vault

100proof1957

whats the deal with the Gold plated statehood quarters ?
is this just a way to dress up a POS coin ?
Lipstick on a PIG ?
If you take an ugly girl and cap her teeth,shes still ugly but she has nice teeth !
who buys this crap ?

ER

Cameonut

I saw that garbage on TV yesterday and also wondered who buys that junk. They must sell alot of it - they are still on the air.

I guess some people find them beautiful and would buy them to look at, but CV should not hype them as having any investment potential.

100proof1957

good morning NUT !

LanLord

Don't forget that's 7 LAYERS of SOLID GOLD PLATING on those state quarters.

I also like the platinum plated quarters, who sits around and thinks that stuff up?

100proof1957

Yeah the CVN guys or whatever sell those big sets for god awful money !
you get 5 regular,5 gold and 5 plat
course the plating makes em worth what ? .24 ea ?

wjd283

Are'nt you aware that soon everybody and their Momma are going to be collecting layered statehood quarters???Better buy'em now !!

Cameonut

7 layers of gold - .

7 layers of gold a couple of microns thick probably equals about a nickel. So 25 cents for the quarter plus 5 cents for the gold yields about 30 cents of value to me

Good morning Proof - gotta get to work.

cladking

<< <i>whats the deal with the Gold plated statehood quarters ?
is this just a way to dress up a POS coin ?
Lipstick on a PIG ?
If you take an ugly girl and cap her teeth,shes still ugly but she has nice teeth !
who buys this crap ? >>



Some people actually find some of these coins attractive and believe that the
guilding is an abomination. While not common among numismatists, there are
also those who find the guilding also attractive.

lordmarcovan

<< <i>who buys this crap ? >>



I do, for one.

Bought a bunch for a buck each at the '03 FUN show, put 'em out in my antique mall booth at $2.50 each, and sold out.

So I'm not the only one. When I bought the first batch I laughed at myself. Then when I more than doubled my money on 'em, I stopped laughing and bought a bunch more at the '04 FUN show.

Sure, they're a numismatic abomination, I guess. I told myself I'd draw the line at colorized coins. No painted coins for sale in my booth! The gold quarters are kinda pretty, though.

Thing is, the antique mall I used to sell at was in the big mall here, so I got a lot of the general public buying as impulse buyers. Sold a ton of 3-for-a-dollar and ten-cent world coins, too. But my new location is not quite the same demographic. It's less visible, for one. Since moving, I have found I sell a lot less stuff, but the stuff I do sell tends to be less flea-markety and more serious coins. I've sold one or two of the home state quarters (GA), but that's about it.

Another neat thing about the gold-plated quarters is that you can buy little jewelry bezels for them at a buck or less (I forget the price). So by the time you put one in a jewelry bezel, you have maybe two bucks invested, and it's handsome enough to sell for four or five bucks.

100proof1957

well the general public for 1 or 2 items is likely a good market.
guess i shoulda asked if a numismatist would buy this crap.

BillJones

Gold plated coin are garbage. In fact most collectors would call them "damaged."

When the Fort Vancouver commemorative half dollars were issued in the late 1920s some pieces were gold plated a sold back then. Today these coins are viewed as damaged and have a much lower value than the pieces that have been left alone.

The thing that gets me is that I have actually heard the Bozos on Home Shopping Club actually call this gold plated trash "a good investment. Act now before they are all gone!"

Hogwash!

wingedliberty

When you compare used car salesmen and real estate infomercials to CoinVault, used car salesmen and real estate infomercial talking heads gain alot of respect in my eyes, relatively speaking.
CoinVault is a cancerous and diseased blight on the numismatic community. It is my sincere wish that they burn in hell to a crisp.

100proof1957

Coin Vault will actually have something decent from time to time.
Compared to "coinmoovahs" these guys are tops !

coinguy89

I do see decent stuff every once and awhile, but stuff like their Morgans dollars is just crazy.

lordmarcovan

Wingedliberty- why don't you tell us how you REALLY feel about Coin Vault?

To my mind, they might be demon imps, but they are not the Great Satan of numismatics. I think the ones who really deserve to roast in hell's cauldron are The National Collector's Mint and others of that ilk, who push those trashy not-even-bullion copies to the unsuspecting.

coinguy89

I actually like coin vault because I get to look at the coins. I love looking at them and hearing what they have to say about them, but I too agree with LM, those national collectors mint things are really evil.

RickMilauskas

<< <i>I actually like coin vault because I get to look at the coins. I love looking at them and hearing what they have to say about them, but I too agree with LM, those national collectors mint things are really evil. >>



It's kind of like going to a video coin shop with generic coins. I like to look, even if it's the same coins over and over.

You just have to realize it's all a bunch of common coins and that they wouldn't be selling them if they weren't marked-up
tremendously so they can make a nice profit.

Look but don't buy.

majorbigtime

<< <i>I saw that garbage on TV yesterday and also wondered who buys that junk. They must sell alot of it - they are still on the air.

I guess some people find them beautiful and would buy them to look at, but CV should not hype them as having any investment potential. >>



Coin vault--uggh!

There otta' be a law!!