Huckster McShillbag Presents: "U.S. State Silver Bars" for USD 57./Ozt

Discussion in 'Bullion Investing' started by Del Pinto, Oct 12, 2015.

?

Would you, really?

Poll closed Oct 21, 2015.
  1. a) YES: excellent numismatic purchase, to go with my Lance Armstrong First Strike ASEs

    0 vote(s)
    0.0%
  2. b) Maybe - I'm always tempted by an advertised deal.

    0 vote(s)
    0.0%
  3. c) Not until I recoup losses on my tie-dyed Morgans, or Silver hits USD 49./Ozt, thanks

    14.3%
  4. d) WAT

    14.3%
  5. e) Does Hannes Tulving have a new gig? Tell me more ;)

    0 vote(s)
    0.0%
  6. f) #%€£¥$!!!

    71.4%
  1. Del Pinto

    Del Pinto Active Member

    What's a "necro"?

    This looks like typical "coin collector" marketing to me.
     
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  3. mkwelbornjr

    mkwelbornjr Junior Member

    I purchased this set because I am a collector of privately minted silver bars. They are rather neat with a 1970's product feel to them. If you call World Reserve/Lincoln Treasury etc (they are testing marketing names...happens all the time in retail) they will sell you the set of 50 shipped monthly for $29 per ingot which was not bad in my opinion. I will never sell them so I can care less about any investment. I did own some of their enhanced $2 bills and sold them on ebay for a profit. Yeah their advertising is silly but they still send you what they advertise will be sent. And anyone who feels betrayed can certainly call them and return for a refund.
     

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  4. Joe2007

    Joe2007 Well-Known Member

    Ahhhh a subsidiary of Arthur Middleton Capital Holdings; the same hucksters that brought us the World Reserve Monetary Exchange, Inc.

    Sadly I still see a lot of their (WRME's) product being offered secondhand at auctions and flea markets in my area, apparently a lot of people must have been duped by their marketing pitch. Unfortunately my grandfather fell for those "uncut two dollar bill sheets".
     
  5. Del Pinto

    Del Pinto Active Member

    As of mid-March 2016, Lincoln Treasury is still advertising pricey silver ingot at $57/ozt.
    http://www.pressreader.com/usa/new-york-post/20160316/282591672056275

    The CEO was just released from federal prison. Nice!
    http://m.cantonrep.com/article/20160111/NEWS/160119910

    1ozt Missouri State Silver Bar for under USD 20. Now, that's fair price, I think: just 10% over (Englehard Fabricated Ag) Spot. Someone got a real haircut on that "trade" tho!
    http://www.ebay.com/itm/Indian-Head...e-Silver-Bar-Sealed-MO-U-S-RARE-/361512091626
     
    Last edited: Apr 3, 2016
  6. mkwelbornjr

    mkwelbornjr Junior Member

    The CEO is of a different company...Suarez Capital that owns US Commem Gallery. They sell some cheaply developed coin products...and also sell the Presidential Ingots from WRME/Lincoln Treas. Both companies are very close in the same area of Canton. A side note...I have read that Suarez brought a lot of production of its products like the Eden Pure Heater to the local Canton area...and employees lots of people. Can't say I don't like that idea. He was arrested for supporting an election with excessive funds or something like that.
     
  7. mkwelbornjr

    mkwelbornjr Junior Member

    Still...some of their more unique items like the enhance $2 Bills will bring a premium on Ebay in some cases. Their advertising is cheasy.

     
  8. Del Pinto

    Del Pinto Active Member

    Suarez owns/controls BOTH entities: shell dba's. It's disingenuous to pretend otherwise. Heck, why would someone? They're running identical ads lol

    Master-of-Make-Believe? Convicted felon claims:
    It also goes without saying : zero remorse. Scout's honor?
     
    Last edited: Apr 4, 2016
  9. mkwelbornjr

    mkwelbornjr Junior Member

    Arthur Middleton is not owned by Suarez. They are competing against each other except with the State Bars...they seem to be sharing this program. Marketing programs have been shared by competing companies in the past. Perhaps Suarez is licensing the program from WRME. i.e. Arthur Middleton has the Amish Fireplace heater....Suarez has Eden Pure. They have two distinct shipping warehouses. They are not the same. Their advertising materials...the print versions that come in the mail are distinctly different. I do think Arthur Middleton must have been started by an exec who worked at Suarez in the past. I know this...I am well versed on various collectible companies as its the main part of my hobby. I study all the current and past collectible companies out there. Both high quality ones and underdog types.
     
    Joe2007 likes this.
  10. mkwelbornjr

    mkwelbornjr Junior Member

    So I started looking into both Suarez and Arthur Middleton as we discussed above. Apparantly AM is the son in law of Suarez. Interesting. But anyway the state silver bars are still cool and I enjoy looking at them standing upright in the heavy wood box.
     
    Joe2007 likes this.
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