I am sure that many of you have heard the radio advertisement for this company talking about the gold coins they are selling that was found in (I think) Switzerland. Now they are advertising Silver Coins saying that "most Americans have never even seen an actual old silver coin" that was minted between 1879 to 1947. Wow!
so most americans were born post-1964?? that is too funny. i haven't heard the silver commercial before, but the gold one plays very often here.
"The New York Mint has brought these classic beauties home and is releasing to the public a limited quantity. Due to the nature of this offer, we cannot offer it on our website. Please call our toll-free number today for FREE information about this incredible discovery and a FREE collector’s guide!" Rubbish.....
I'm just about at the tail end of the baby boomers and I barely remember silver coins in circulation, and I can't say I remember pre 1947 coins. I'll be fifty this year. I'm not sure if I would say MOST Americans haven't seen them (at least in ciculation), but it is probably pretty close.
Be careful dealing with this company. I bought 3 gold coins from a stash found in Paris. I returned one coin I didn't like and they say they never received the coin. I have proof the P.O. delivered the coin, but they say they never got the coin. Fortunately, I insured the coin for it's value; they won't talk to me and I have to go to the Attorney General's office to complain. Shady outfit: beware.
It was my understanding that a large portion of the gold coins (1933 and prior) available today already originated from European bank hoards. I smell nacho cheese when I see ads like this.
This is purely speculation on my part, but I think that the reason for this date range is because the coins they are selling are Morgan Dollars, Peace Dollars and Walking Liberty Halves.
you should. The ad leads you believe that there were NO gold coins within the US borders until this hoard was found. They don't state it specifically, but they lead you to the edge and allow you to jump to the conclusion on your own.
New York Mint is now part of Asset Marketing...an expensive but reputable company with good customer service...nice catalogs...and some nice exclusive world coin offerings.
Are you "most americans"? In other words are you 150 million people? No you are ONE of the other 150 million people who have seen them. Now I would agree that they are probably exaggerating somewhat, but it would not surprise me if they weren't too far off.
Since silver coins were essentially taken out of circulation starting in 1965, and the age that a child might have been aware that a coin was silver or not might be age 10 or so, we can assume that only people born before 1955 may have actually seen any significant number of silver coinage in circulation. Thus, "most Americans" can be construed to mean those 56 or older. Current governmental demographic data puts that figure at just about 25%. So, 3 out of 4 Americans alive now probably never saw silver in circulation. Of course, this doesn't mean they never saw a silver coin as the ad suggests, just that they weren't commonly seen on a daily basis.
So 3 out of four have never seen silver in circulation and probably at least some of the ones who did only saw the more recent ones and not the older pre 1947 coins. So as I said some exaggeration but probably not too far off the truth.
I remember hearing the gold ad, I think. And from what I recall, the ads are misleading, at best. And downright deceptive, at worst. It appeals to non-coin collectors, who want to shell out a lot of money for something not worth that much, so they can own a real "old silver coin."
