Baby Boomer Pocket Change

Breaking News, Seller Offers Refund On My Coin Purchase

Kudos, to the Ebay system of communication. Just when I tried to leave a negative feedback about my coin purchase Ebay forced me to communicate with the seller.

Actually that was a good thing. The seller explained why the specifics about the weight and size was omitted and offered a refund. That was very good.

My lessons still stand because I am responsible for asking questions and I did not. So there is now a new catergory on this site called “Coin Communication.

Tags: coin sales, ebay, gold coins

Fools Gold-Buyer Beware! Plus-Don’t Let Lust for Gold Get in Your Eyes

Picture of tiny gold coins compared to penny

what you see is not always what you get-these are very tiny

Just the other day I was driving in my car listening to the radio. The financial news reporter announced the gold was 1,049. I sucked the air through my nose and let out an audible gasp. I was almost afraid to exhale because I excited about the rise in gold prices.

But then it a little voice of sanity and reason said “Why are you so excited? You don’t have any gold.” So, in the middle of bumper to bumper traffic I laughed as if I was listening to a Bill Cosby tape.

I realized I was just excited for other that might be able to benefit from this good news. Or maybe it was just wishful thinking. Anyway, that night, after my hubby was in bed and I was finished working, I went to Ebay.

There, at a sleepy 1:00 am, I saw a really low priced ad for 22 karet gold coins with only a  $2.00 bid. I looked at the picture and saw the coins spread out unorganized on a kitchen counter top.

I also read the ad closely to determine if they said things like, “looks like real gold”, “feels like real gold,” “gold toned” “as well as ”gold clad”. No, it seemed really legit. “But why so low?” I said to myself. “Self did not answer me.

So, I proceeded, in my lust to actually own a real gold coin, to bid on that item. It was only 2 minutes left and I was still the highest bidder at $4.00. Certainly, this must be a mistake or a very unhappy wife dumping her husbands gold. ” I said to myself.

I won the bid!  I quickly paid for the item and went to bed. “Won’t my husband be surprised,” I said as I quietly slid in the bed besides him. I was about to wake him up to tell him the good news but decided to tell him later.

Well, I told him the next morning and we both laughed about the possible reasons why it was so low. We covered every reason except the real reason. The camera shots did not show the actual size. Nor was there a mention of the size in the ad.

When my coins arrived, very timely I must remember to say in my feedback, they were the size of my finger tips.  I finally had real  gold coins.

So, I decided to share this with all my readers that as you dip in this world of coin exploration keep learning, asking questions ask questions.

I spoke to my coin dealer the day after I purchased the coins and he predicted that they would probably be very tiny coins. He was so right.

Hope this helps someone who is still learning like me.

So, what are my lessons?

1. Don’t get greedy, sometimes if it looks too good to be true it is!

2. Ask questions from from someone who knows more than you before you buy, if they are not around-let it go

3. Ask the seller questions about the size of your coins

4. Chalk up mistakes in judgement and learn from them, just try not to make it expensive.

Ok, if you gleaned some lessons from this let me know.

Tags: gold coins, gold coins on ebay, scam gold

Finders of Gold 1933 Coins Wants to Keep Them

A family found  gold coins owned by their relative. The coins are  very rare will fetch millions. However, the US Mint never released them and claim they were stolen. Read more and view the beautiful coins.

I have personally never seen a real gold coin so I must make a trip to the dealer and look inside the case.

Tags: 1933 gold coins, gold, gold coins

Sale of Gold Coins Limited at USMint?

Are the sale of gold coins limited right now by the US Mint?

Read this short post on coin news to find out. Be sure to also read the comments associated with the blog post. Add your comment or ask a question. That is how we all learn.

Tags: gold coins, gold sales

Can’t Find The Mint Mark?-Dollar Coins and Gold Pieces

Finally here are the locations for the mint marks on dollar coins.

Anthony Dollar= (1979-1981)-Look above Susan B. Anthony’s right shoulder.

Einsenhower dollar (1971-1978)-Look Below Dewight D. Einsenhower’s neck

Peach silver dollar (1921-1935) Look on the reverse, below the word ONE

Morgan silver dollar(1871-1921) Look below the wreath

Saint-Gaudens $20 gold piece 1007-1933) Look above the date

Liberty Head $20 gold piece (1650-1907) Look below the eagle

Tags: dollar coins, gold coins

Are Holding Coins For Silver And Gold Prices To Rise?

I was told to hold on to my two silver coins for the price of silver to rise. Well, I saw this really interesting article related to seasonal ups and downs for gold and silver prices. Check it out all of you who are investors or ready to sell.

Will the price of silver go up?

Tags: gold coins, silver coins