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<p>[QUOTE=&quot;rte, post: 26554896, member: 78199&quot;]I bought a 1/4 ounce gold panda in a bezel that was promptly commandeered by my better half. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie47" alt=":greedy:" unselectable="on" unselectable="on" /></p><p>[ATTACH=full]1692213[/ATTACH]</p><p>Does that constitute ownership? <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie92" alt=":stop:" unselectable="on" unselectable="on" /> If not she may still be in the running. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /></p><p><br /></p><p>My first recollection of a first gold coin was a half ounce eagle when I was invited to be part of a coin collecting club system drawn up by a group of investment people and lawyers.</p><p>By system I&#039;m pretty sure it was a type of MLM pyramid thing. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /></p><p>Well that&#039;s what the .gov said when they Shut it Down <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie9" alt=":eek:" unselectable="on" unselectable="on" /> shortly after I got in the coin club.</p><p><br /></p><p>Invest X amount of $ and get 3 other like minded individuals to do the same.</p><p>At which point when you qualified and enough time had passed a club member was given a check to reinvest for a half ounce 1986 gold eagle coin and 3 1986 silver eagle coins...</p><p>When enough members were involved and enough time passed another check was supposed to come around to reinvest in a full ounce gold eagle coin and 6 silver eagle coins, and so on.</p><p><br /></p><p>It seems someone <b>Allegedly</b> got a check to reinvest out of turn and that caused some other member(s) to complain to someone who called in question the club system and the .gov got involved <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p>Now with the .gov involvement, the club spending investors money on lawyers and bureaucratic red tape,&nbsp; caused the club to be disbanded AFTER&nbsp; the member reinvested the check but BEFORE&nbsp; the member was to receive the ONE full ounce gold eagle and 6 silver eagle coins. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie3" alt=":(" unselectable="on" unselectable="on" /></p><p><b>That Sucks</b>...the .gov claimed that the club was operating like,&nbsp; LIKE a type of MLM pyramid thing and at some point wouldn&#039;t be able to fulfill the clubs obligation to all the members.</p><p>The money invested was more than the coins were worth and deemed it a be UN sustainable.</p><p><br /></p><p><b>In other words didn&#039;t like the competition </b><img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie12" alt="o_O" unselectable="on" unselectable="on" /></p><p>Not political... Many years have passed and what do you know...the coins ARE worth more than the money invested <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie11" alt=":rolleyes:" unselectable="on" unselectable="on" /></p><p><br /></p><p><b>On A Side Note:</b></p><p>Does anyone want to start a coin club <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" /> I&#039;m pretty sure I still have the startup paperwork filed away somewhere. <img src="styles/default/xenforo/clear.png" class="mceSmilieSprite mceSmilie7" alt=":p" unselectable="on" unselectable="on" />[/QUOTE]</p><p><br /></p>

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