Merrick mint colorized coins, opinions.

Discussion in 'Coin Chat' started by bruthajoe, Nov 7, 2021.

  1. Jim Dale

    Jim Dale Well-Known Member

    When my father died, I found out that my brother and I were inheriting some very nice coins. After we got his "coin collection", we found out that my father had been suckered in my some coin sellers on the boob tube. He must have had about 50 Ruthenium ASE's from various sellers on TV. He had great documentation for all of his coins. They were still in they're vendor packaging, however, when we tried to return them, we were told it was too late to be returned. I told my brother (he lives in Southern California and I live in Eastern North Carolina) to find out what it would cost to send my have of the coins. It's been a while, so I don't remember the exact cost to ship them, but it was about $25 or more. I told my brother that he could keep them. He sold them on ebay. I don't have a picture of the coins he listed, but he sold all of them for about $15 each for $500. That means that he made about $500 less the amount it cost to ship them to the buyers for about $5 each for $60.
    Evidently, he made $750 less $60 for shipping (about) for a net of $690. I don't have the exact amount. All I got was an email letting me know that he had sold them. He sent me a check for $300, which was nice since I didn't have to do anything. He doesn't need the money, but he loves to make money.
     
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  3. Collecting Nut

    Collecting Nut Borderline Hoarder

    If it’s colorized, then it’s damaged. Only worth it weight and the going rate for any PM and if not a PM, whatever you can get for it. Remember the Franklin Mint colorized quarters. No one will bug them so I get them in change ever so often. Buy then, it’s your collection so buy what you like.
     
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