We are seeing many gold coin investment scams in the newspaper and television, and even in some magazines. You may think these are great buys, but most of them are scams, and you will have nothing of value for your hard-earned money.
Watch the language. It is clever, but tricky. I like the one that says, "Purest gold coin ever struck by the U. S. Government." They are talking about the coin on which this coin is based, not the coin they are selling.
Non-currency and non-monetary minting are not U. S. Government coins.
If you want to buy gold coins, be sure you are buying GOLD. Many of these coins are gold CLAD, and the gold is less than found on a piece of older jewelry.
We have written an article to help the consumer review offers for gold coins. Be sure to review information available before spending your money. Most of the scams really encourage the buyer to act fast. They want you to buy without reading or thinking it through. Don't do it.
See you soon with more consumer issues to help protect your money.
Linda
cajunC
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