It seems like a lot of people are suckered into these get rich quick schemes. I always ask if the deals are so good then why aren’t the sellers keeping this stuff for themselves. (Or to put it another way, big casinos aren’t constructed to give money away.) I saw exactly the same kind of advertisements in China too, so it is not just her…
It seems like a lot of people are suckered into these get rich quick schemes. I always ask if the deals are so good then why aren’t the sellers keeping this stuff for themselves. (Or to put it another way, big casinos aren’t constructed to give money away.) I saw exactly the same kind of advertisements in China too, so it is not just here. People buy this junk silver (which has no numismatic value as unlikely what is shown on TV it typically consists of worn coins with common dates) or overpriced gold that you can buy directly from the mint or at least from a reputable dealer for less. Then likely as not they’ll mishandle it as polishing wrecks the value of coins. Several coins dealers have told me how angry people are when they stashes are worth far less than they paid for them. As for the Trump “money”, gold foil stamped envelopes, thinly plated "gold coins", even U.S. mint commemorative products in base metals and the like, maybe they are nice mementos for those who care, but they’ll have to wait a few hundred years to get their investments back.
Gold and silver, when you buy it you pay a premium, and when you sell it you pay again. It is a racket. Remember Beanie Babes, my MIL lost a fortune and has a closet full of them. My mother, a child of the depression (as was I) wasted money on paper money she saw in a magazine and thought valuable, as well as dishes that hang on the wall.
Occasionally someone will strike it rich with a Hummel or a collectible, I would rather not.
It seems like a lot of people are suckered into these get rich quick schemes. I always ask if the deals are so good then why aren’t the sellers keeping this stuff for themselves. (Or to put it another way, big casinos aren’t constructed to give money away.) I saw exactly the same kind of advertisements in China too, so it is not just here. People buy this junk silver (which has no numismatic value as unlikely what is shown on TV it typically consists of worn coins with common dates) or overpriced gold that you can buy directly from the mint or at least from a reputable dealer for less. Then likely as not they’ll mishandle it as polishing wrecks the value of coins. Several coins dealers have told me how angry people are when they stashes are worth far less than they paid for them. As for the Trump “money”, gold foil stamped envelopes, thinly plated "gold coins", even U.S. mint commemorative products in base metals and the like, maybe they are nice mementos for those who care, but they’ll have to wait a few hundred years to get their investments back.
Gold and silver, when you buy it you pay a premium, and when you sell it you pay again. It is a racket. Remember Beanie Babes, my MIL lost a fortune and has a closet full of them. My mother, a child of the depression (as was I) wasted money on paper money she saw in a magazine and thought valuable, as well as dishes that hang on the wall.
Occasionally someone will strike it rich with a Hummel or a collectible, I would rather not.