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Re: World Reserve Monetary Exchange Validity

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Posted by Gary Breuckman on July 25, 2008 at 14:21:05:

In Reply to: Re: World Reserve Monetary Exchange Validity posted by Ivan Kowitz on March 04, 2008 at 14:44:32:

: It is true that I could buy these coins directly from the U.S. Mint. But the Mint is charging $5.95 per coin (I'm attaching link below). If I were to buy all 40 coins -- and the price were never to go up -- that would be $238, compared to the $162 I am spending.

The mint price is for "mint proof" coins, the WRME is selling 'never circulated' coins, which I suppose is supposed to sound like "uncirculated" but isn't the same.

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: : It is true that I could buy these coins directly from the U.S. Mint. But the Mint is charging $5.95 per coin (I'm attaching link below). If I were to buy all 40 coins -- and the price were never to go up -- that would be $238, compared to the $162 I am spending.

: 
: The mint price is for "mint proof" coins, the WRME is selling 'never circulated' coins, which I suppose is supposed to sound like "uncirculated" but isn't the same.



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