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Posted by JeffK on April 11, 2008 at 19:49:23:
In Reply to: Re: World Reserve Monetary Exchange Validity posted by Mary on April 11, 2008 at 15:41:32:
Please understand that the Presidential dollars are NOT special coins. They are ordinary coins that the Mint makes and puts into circulation for people to spend. They are only worth $1 each. That is why you can go to a bank and get a $1 coin for $1, just like you would get quarters for 25c each or dimes for 10c each.
Banks do not "sell" coins, they simply exchange them for other kinds of money. Taking a $10 bill to a bank and and changing it for 10 dollar coins is no different from getting 10 $1 bills or 40 quarters.
If English is not your first language please let us know what you speak. Maybe someone who knows your main language can help better. I speak French and German, if you know either of those languages.
The company is taking advantage of people who do not have a lot of knowledge about coins.
: I just found out that I spend $110.00 not $98.00 plus they asked me to payment each month $18.00.
: someone said go bank and get the same coins for $1 each. that really cheap. Does that?
: : : : : :
: : : : : : wow i wasted money so does this mean i just threw 98 bucks away or are they still worth something
: : : : They are worth $50 as spending money. So you have lost $48.
: : :
: : : Mary speak
: : : Wonder if the coins worth and true? don't want waste my money fly gone. I need to know if scam, fraud. I will stop payment.
: : The coins are genuine. But the prices are extremely high. Go to your bank and get the same coins for $1 each.