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<p>[QUOTE="hotwheelsearl, post: 4613224, member: 75143"]Bradford Exchange and those types of mail-order companies often sell these so-called "Tribute Proofs"</p><p><br /></p><p>They are usually $49.95, marked down to a special collector's price of $9.95 with free shipping.</p><p><br /></p><p>They are sort of neat if you're into that kind of thing. For example, some people who simply can never afford a Saint Gaudens double eagle will opt for a $10 replica because the enjoy the look and appearance of the replica coin.</p><p><br /></p><p>No collectors should be shamed or be embarassed of what they collect. However, it is important to temper expectations when buying these replicas:</p><p>1. They are of virtually no value. Some are copper with a thin silver plating, at which point they are worth copper bullion value. Some are iron, which is also "worth iron bullion value" but that's so low it's not even worth it.</p><p><br /></p><p>2. Resale is extremely difficult. You can sometimes see these being sold in Local Coin Shops for a buck or two. However, odds are that the coin shop did not pay for them, rather they just took a bulk collection which happened to have a few of these.</p><p><br /></p><p>3. If you do manage to resell, profits are exceedingly low. I had a handful of these types of coins which I sold on eBay for anywhere between $5 and $7, free shipping. Shipping cost $3.18, and there's fees, so at the end of the day you're only making a dollar or two, max.[/QUOTE]</p><p><br /></p>
[QUOTE="hotwheelsearl, post: 4613224, member: 75143"]Bradford Exchange and those types of mail-order companies often sell these so-called "Tribute Proofs" They are usually $49.95, marked down to a special collector's price of $9.95 with free shipping. They are sort of neat if you're into that kind of thing. For example, some people who simply can never afford a Saint Gaudens double eagle will opt for a $10 replica because the enjoy the look and appearance of the replica coin. No collectors should be shamed or be embarassed of what they collect. However, it is important to temper expectations when buying these replicas: 1. They are of virtually no value. Some are copper with a thin silver plating, at which point they are worth copper bullion value. Some are iron, which is also "worth iron bullion value" but that's so low it's not even worth it. 2. Resale is extremely difficult. You can sometimes see these being sold in Local Coin Shops for a buck or two. However, odds are that the coin shop did not pay for them, rather they just took a bulk collection which happened to have a few of these. 3. If you do manage to resell, profits are exceedingly low. I had a handful of these types of coins which I sold on eBay for anywhere between $5 and $7, free shipping. Shipping cost $3.18, and there's fees, so at the end of the day you're only making a dollar or two, max.[/QUOTE]
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