What's the catch with these 'Gold' coins

http://cgi.ebay.com/ws/eBayISAPI.dll?ViewItem&item=320685505086&ssPageName=ADME:B:WNA:US:1123

I'm trying to figure out what's wrong with this. He says he has two gold coins for sale, and the current bid is 99 cents with only two hours left. Obviously there's something wrong with it, so I'd like to know what it is. Are they just plated or something?

 

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This is posted right underneath the description
UP FOR BID - Very popular all america 1978 KRUGERRAND GOLD COIN This coin is 10mm 0r 3/8 of inch in diameter. This is layered with 10 KT Gold. IT comes in the coin holder shown.

 

And the Mexican coin is also layered in 10K GOLD.

 

I wasn't really sure what that meant to be layered. So I guess it means it has very little gold in it.

 

probably just leafed or something

 

It's less than 30 cents worth of gold

 

"Layered" in 10k gold is one giveaway. It's not solid, but plated. Very little actual gold. Also, correct me if I'm wrong:

"Very popular all america 1978 KRUGERRAND GOLD COIN "

aren't Kruggerrands made in South Africa, not America?

 

they are definately south african

 

Plated in America!!
Steve

 

They're junk. Plated junk.

Nobody in their right mind would start the bidding for authentic, real Krugerrands and Maximilian gold coins at $.99.

I think they would go for the gold(pun intended).