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<p>[QUOTE="nds76, post: 32274, member: 1083"]1/16/05- Many of those "commemorative" coins you see advertised on TV or in print are, in a manner of speaking, fool's gold, not the rare or official collector's items they claim to be. For example, 1 "commemorative" set consisted of nothing more than colorized silver dollars.</p><p><br /></p><p>US Mint Director Henrietta Holsman Fore says tens of millions of dollars are spent on bogus coins because of misleading ads, and an unsettling number of customers are deceived if a company uses the Mint's name to promote its products.</p><p><br /></p><p>The Mint is seeking the authority to fine the scam artists $5,000 for each print ad and $25,000 for each broadcast commercial that misuses the name or emblems of the Mint or the US Treasury, but Fore says she wants to emphasize that it's never just the fines that hurt a company in these cases. There's also the negative public attention, which could mean the loss of millions of dollars in profits.</p><p><br /></p><p>More information about how to tell legitimate commemorative coins from fakes can be found on the Mint's website, <a href="http://www.usmint.gov" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.usmint.gov" rel="nofollow">www.usmint.gov</a> </p><p><br /></p><p><a href="http://www.wlns.com/Global/story.asp?S=2816107&nav=0RbQVFiB" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.wlns.com/Global/story.asp?S=2816107&nav=0RbQVFiB" rel="nofollow">http://www.wlns.com/Global/story.asp?S=2816107&nav=0RbQVFiB</a>[/QUOTE]</p><p><br /></p>
[QUOTE="nds76, post: 32274, member: 1083"]1/16/05- Many of those "commemorative" coins you see advertised on TV or in print are, in a manner of speaking, fool's gold, not the rare or official collector's items they claim to be. For example, 1 "commemorative" set consisted of nothing more than colorized silver dollars. US Mint Director Henrietta Holsman Fore says tens of millions of dollars are spent on bogus coins because of misleading ads, and an unsettling number of customers are deceived if a company uses the Mint's name to promote its products. The Mint is seeking the authority to fine the scam artists $5,000 for each print ad and $25,000 for each broadcast commercial that misuses the name or emblems of the Mint or the US Treasury, but Fore says she wants to emphasize that it's never just the fines that hurt a company in these cases. There's also the negative public attention, which could mean the loss of millions of dollars in profits. More information about how to tell legitimate commemorative coins from fakes can be found on the Mint's website, [url]www.usmint.gov[/url] [url]http://www.wlns.com/Global/story.asp?S=2816107&nav=0RbQVFiB[/url][/QUOTE]
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