Saturday, December 20, 2008

The Obama Coin. Delusions of Grandeur, Rip Off, BS Or All

TV ads tout a "genuine" U.S. Inaugural Presidential Dollar showing President-elect Barack Obama depicted in "glorious full color" for just $9.95, plus shipping and handling.

A coin-collecting expert says the gold-dipped, painted coins are nothing more than a trinket, and the U.S. Mint -- the only official purveyor of U.S. currency -- says buyer beware.

"They are worth the face value of the coin. If the coin says 25 cents, it's worth a quarter," says Scott Travers, author of the Coin Collector's Survival Manual and a New York City coin dealer.

The U.S. Mint last month issued a warning that the heavily advertised commemorative coins -- produced by several private companies in various designs -- are not official U.S. Treasury products.

My feeling is that it's a phony BS rip off, just as he is!

Before we know it, his picture will be on our 3 dollar bills


1 comment:

a corgi said...

I liked this; I didn't realize they were perhaps not worth a lot; they weren't on my shopping list for Christmas items this year nor were they something on my wish list this year either

betty