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Text 596, 40 rader
Skriven 2009-10-16 11:23:12 av Roy Witt (1:387/22)
    Kommentar till text 592 av Bob Ackley (1:300/3)
Ärende: Real coins and junk (was: Newspapers)
=============================================
16 Oct 09 04:25, Bob Ackley wrote to Roy Witt:

 BA> Replying to a message of Roy Witt to Bob Ackley:

 RW>> 14 Oct 09 07:26, Bob Ackley wrote to Robert Bashe:

 BA>>> I remember seeing one of those in a nice plastic case displayed at
 BA>>> a local bank.  IIRC the face value was $10, but the selling price
 BA>>> was $21.50; presumably the metal in the coin was valued at $10 at
 BA>>> the time the coin was minted.

 RW>> I have a Statue of Liberty commemorative belt buckle that is plated
 RW>> 24k Gold and solid Silver. It has a 1/4 point 17 facet real diamond
 RW>> set in the statue's torch. It also came with a 'certificate of
 RW>> authenticity' from the Hammond mint, stating all of the above. It
 RW>> cost $20 plus $2 shipping in 1986. Even though it's in it's original
 RW>> display box, I'll bet I can't get that for it today.

 BA> Your coin was privately minted and is not considered legal tender.

It's not a coin, but a belt buckle. It has no assumed value struck on it.

 BA> The one I saw at the bank was struck by the US mint and IS legal
 BA> tender - although why somebody'd pay $21.50 for a coin that has a
 BA> face value of $10 escapes me.  Obviously people do it, though.

While looking for that buckle, I found a coin collection that I'd
completely forgotten. It includes two silver dollars, one with the old
liberty face and one with the new liberty face (1921 vs 1922)...They're
both worth 20 times their face value and even more in metal value. Yet,
I've heard of people taking a coin collection like that and spending it.
They're usually a young person who found dad's coin collection and used it
to buy some pop and candy, then play the pin-ball machines with whats
left.

                R\%/itt

    You can put lipstick on a pig, but the pig still stinks!
--- Twit(t) Filter v2.1 (C) 2000
 * Origin: SATX Alamo Area Net * South * Texas, USA * (1:387/22)