http://gsaauctions.gov/gsaauctions/aucitsrh/ This is a link to some coins the GSA in auctioning on 5 OCT. I am not only a novice, and generally not very smart, but this smells like that rotting thing in Denmark. After an afternoon on the Internet, I think I can conclude that one piece is one of those "Liberty" NORFED jobs, one is an "1882" Mexican Reales, a large Buffalo Gold---but it seems to be a copy, a Gold Double Eagle, with "E Pluribus Unum" where the denomination---e.g "Twenty Dollars" should be, and some other pieces of spurious origin such as the large gold piece that shows "Seal of the President, Washington D.C." on the reverse. In addition, there is a silver looking Lincoln Cent as large as a silver dollar dated 1987. My sense is there might be one or two real coins here, but too many appear to be copies, or foreign mintage---Liberia? Any thoughts out there?
http://gsaauctions.gov/html/AboutGSAAuctions.htm Trade Mark? Since when does the government need a trade mark?
notice the sticker on #22? why would you expect them to have any idea what they have.? thats not a place to buy coins.
What I See is worth maybe $45, that is assuming that "lincoln cent" is actually another silver round. Current bid $262. I don't think we need to consider this any further.
I have looked at that site before - my father even placed a few bids. All of the coins went for way more than they were worth. It was like they stayed reasonable or cheap until around the end of the auction - then prices went wild. Not sure who won the coins, but they were ripped off(in my opinion).
No they weren't ripped off. No one held a gun to their head and made them bid, and no one lied about the coin or hypes them up. If they had no clue what they were doing or bidding on and they way over bid on their own initiative, then no one ripped them off unless you want to say they ripped themselves off. And I have very little incentive to try an protect someone from himself.
