Legal counterfeit?

Discussion in 'Coin Chat' started by bruthajoe, Dec 19, 2019.

  1. Johndoe2000$

    Johndoe2000$ Well-Known Member

    Not 1/10 of gold.
    Only .24 purity, in this 1/10 oz. Piece, so is approx. 1/40 of an oz. Of gold. :wideyed:
    Be Careful when buying bullion !!!
     
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  3. harrync

    harrync Well-Known Member

    Paul M. and bruthajoe like this.
  4. Collecting Nut

    Collecting Nut Borderline Hoarder

    It's on the coin in question. 1/10th oz .24 pure gold. It's bullion like this that I don't buy.
     
    Last edited: Dec 24, 2019
  5. -jeffB

    -jeffB Greshams LEO Supporter

    I'd buy it in a heartbeat... if I could get it far enough below melt. Melt value today for .024 ozt of gold is about $36. I'd go $25 for this, but probably not $30.
     
  6. Collecting Nut

    Collecting Nut Borderline Hoarder

    I'm with you on that!
     
  7. Badger Mint

    Badger Mint Active Member

    If you compare the piece to an actual mint product, they are not identical. the Legends and the date switch sides and the devices are a poor rendition of Fraser's original. As long as these "collectables" don't reach the level of the Von Nothaus liberty dollars, the gov't will probably remain unconcerned.
     
  8. RICHARD K

    RICHARD K MISTY & SASHA

    These are tribute coins and no more than trinket's, .24 Gold plated. Don"t be Fooled they also advertise Morgan and other coins @ BU. UNC. but no more than cull. BEWARE
     
  9. TheFinn

    TheFinn Well-Known Member

    Then it isn't an EXACT copy, is it.
     
  10. TheFinn

    TheFinn Well-Known Member

    It's not 1/10 oz. gold. It is 24% of a tenth if an ounce or .024 oz of gold.
     
    Two Dogs likes this.
  11. TheFinn

    TheFinn Well-Known Member

    Where does it say that the Sac dollar is copyrighted?
     
  12. wxcoin

    wxcoin Getting no respect since I was a baby

    If it was 24K chocolate I'd eat it.
     
  13. harrync

    harrync Well-Known Member

    Right here: https://www.usmint.gov/policies/terms-of-use
    It appears that sometimes the coin designer copyrights the design and assigns the rights to the mint, so it is not just the Sac that has copyright protection.
     
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  14. bruthajoe

    bruthajoe Still Recovering

    I still think it's quite misleading and borderline.
     
  15. bruthajoe

    bruthajoe Still Recovering

    You may be looking at it from your point of view. The uneducated person might think differently. I say borderline.
     
  16. bruthajoe

    bruthajoe Still Recovering

    191213_174641.jpg
     
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  17. bruthajoe

    bruthajoe Still Recovering

    Yes very sneaky, I say.
     
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  18. CaptHenway

    CaptHenway Survivor

    Exactly. Back in the mid-1980's there was a company advertising by mail a two-medal set, one was described as .999 fine silver, the other as .99% gold, or literally less than one percent gold. The picture showed them as the same size, so obviously the "gold" one was just the silver one with a heavy gold plating. The price was basically the price of one ounce of gold, implying it was solid gold but not actually saying so.

    I tried to take it to the Chicago Postal Inspector to complain, but they said that I could not file a complaint unless I had bought one and been defrauded. Screw that.

    A few years later somebody came into the coin shop with a set to sell. I did a specific gravity test on the "gold" one in front of him to prove that it was just silver, and he said "But I thought it was gold!" He and his wife left very disappointed.
     
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  19. bruthajoe

    bruthajoe Still Recovering

    Sneaky!
     
  20. bruthajoe

    bruthajoe Still Recovering

    No one has commented on potential collector value. After the fact that they have no numismatic or content value, could these ever be recognized in the future and has anyone ever seen a similar "marketed product" become desirable?
     
  21. bruthajoe

    bruthajoe Still Recovering

    That has a denomination!!--
     
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