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"DBickel" wrote in
: My father recently began collecting coins impulsivly from westminster mint, it seams like he places an order ever few weeks when a salesman from the company calls offering a special deal that is guarentied to increase in value. Are westminster coins really collectable as an investment or has he fell for a scam. Thanks All Dennis B Also known as? http://www.greatvaluesports.com http://www.greatvaluecoins.com U.S. Silver Eagles (20 each) Price: $ 195.00 delivered This item is readily available for $160 + postage. Your father should read this notice from their website, it is very good advice. "Important Notice (PLEASE READ) Greatvaluecoins.com, does not sell or recommend collectible coins and sports memorabilia as an investment. The coin, sports and collectibles markets are thinly capitalized, largely unregulated and subject to major short term price swings. Items such as these should only be purchased with discretionary income. Buyers should be aware that prices can go down and future marketability is not guaranteed. Buyers should take a long term view and be prepared to hold for long periods 7-10 years. Prices and markups vary from dealer to dealer. You are recommended to consult other dealers and compare prices and values before making a purchase. You the consumer will assume all risks and release Greatvaluecoins.com, its owners, employees, associated companies and websites from any and all liability." |
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Westminster Mint Question
My father recently began collecting coins impulsivly from westminster mint,
it seams like he places an order ever few weeks when a salesman from the company calls offering a special deal that is guarentied to increase in value. Are westminster coins really collectable as an investment or has he fell for a scam. Thanks All Dennis B |
#3
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I would not consider any coin from Westminster as an investment.
Harold "DBickel" wrote in message ... My father recently began collecting coins impulsivly from westminster mint, it seams like he places an order ever few weeks when a salesman from the company calls offering a special deal that is guarentied to increase in value. Are westminster coins really collectable as an investment or has he fell for a scam. Thanks All Dennis B |
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#5
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Quote:
Please don't make generalizations about Westminster Mint. Westminster Mint does not offer coins as an investment nor do we talk about any future piece or value. We do not guarantee or imply any profit as a result of buying coins through us. We offer coins as collectible items to be enjoyed for their beauty, rarity, eye appeal and pride of ownership. Westminster Mint is an established company and a member in good standing with several trade organizations and we have an A+ rating with the BBB. |
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