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<p>[QUOTE=&quot;Scuba4fun777, post: 3175065, member: 75199&quot;]From The National Collector’s Mint in 2012, when describing their ‘tribute’ to the $50 Buffalo: “...gold plated with 14 milligrams of PURE 24 karat gold!!... for ONLY $9.95 (+S&amp;H). Here’s a link to an article describing the ‘coin’:</p><p><a href="https://www.energyandcapital.com/amp/articles/beware-of-this-gold-coin-scam/2018" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.energyandcapital.com/amp/articles/beware-of-this-gold-coin-scam/2018" rel="nofollow">https://www.energyandcapital.com/amp/articles/beware-of-this-gold-coin-scam/2018</a></p><p><br /></p><p>New, for 2018, they’ve moved away from “privately-struck” to...</p><p>The Cook Islands! Now, from the National Collector’s Mint, you can get your own 37mm, .9999 pure 24 karat, 200 milligram, $5 gold coin - and it’s even LEGAL TENDER!</p><p>Hurry!! Mintage is limited to the first 5,000 coins and each comes with its own Certificate of Authenticity. Act now, before they’re gone forever!! Once all coins are minted, the dies will be destroyed and this rare, stunning beauty will never be produced again! At the low, low price of $39.95, they won’t last long. Limit of 5 per household; no dealers, please. </p><p><a href="https://www.ispot.tv/ad/wmoA/national-collectors-mint-2018-gold-buffalo-tribute-proof-struck" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://www.ispot.tv/ad/wmoA/national-collectors-mint-2018-gold-buffalo-tribute-proof-struck" rel="nofollow">https://www.ispot.tv/ad/wmoA/national-collectors-mint-2018-gold-buffalo-tribute-proof-struck</a></p><p><br /></p><p>Quick math:</p><p>For the $50 Buffalo tribute from 2012, you’d need to buy 2,222 ‘coins’, plated with 14 mg each of 24k pure gold to own 1 troy ounce of gold. Assuming they’d be kind enough to send all of them to you for free, you’d pay ONLY $22,108.90 for an ounce of gold - that no one would EVER want anyway, because the effort to separate 14 mg of gold from its substrate would far exceed the market price of the gold. </p><p><br /></p><p>However, they did become more generous this year. For 2018, we’d only need 156 coins to get to an ounce. At $39.95 ea (assuming free shipping and that you were able to talk them into waiving the 5 coin limit for you), you’d only pay $6232.20 for your ounce of gold. At roughly 5x spot, that at least brings them back down into the realm of ‘common thief’.[/QUOTE]</p><p><br /></p>

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