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purchasing NORFED "$10" silver coins
Looking to purchase NORFED American Liberty "$10" silver coins that are
dated 2000 or earlier. Thanks, Reply won't work! Send email to: Lance(at)TheHaverkamps(dot)net (719) 495-9084 --- Outgoing mail is certified Virus Free. Checked by AVG anti-virus system (http://www.grisoft.com). Version: 6.0.504 / Virus Database: 302 - Release Date: 7/24/03 |
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#2
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Looking to purchase NORFED American Liberty "$10" silver coins that are
dated 2000 or earlier. Publishing your phone number on Usenet is asking for trouble. Buying norfeds is almost as bad. |
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This one is currently under face value:
http://cgi.ebay.com/ws/eBayISAPI.dll...tem=3037121882 RARE COIN AUCTIONS NO MINIMUMS http://frankcoins.com Ebay Powerseller FRANKCOINS Texas Auction License 11259 Board member of Texas Coin Dealers Association, Fort Worth Coin Club. Member: Texas Numismatic Assoc, American Numismatic Assoc. |
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#6
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Details, details, man, what's the scam? Thanks!
"mark" wrote in message ... From: (Jason Ditz) The Norfed $10 coin is actually quite well done. Its one of the nicer 1 oz. rounds I've seen. Give silver a few more weeks like it just had, and $10 might not be outlandish for a nice coin like that. It's not the art that is bad, it's scam behind the thing that is bad. Once Norfed itself is shutdown, then they will be just another exonumatic-curiosity. -- mark |
#7
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In article , ustion (mark) wrote:
From: (Jason Ditz) The Norfed $10 coin is actually quite well done. Its one of the nicer 1 oz. rounds I've seen. Give silver a few more weeks like it just had, and $10 might not be outlandish for a nice coin like that. It's not the art that is bad, it's scam behind the thing that is bad. Once Norfed itself is shutdown, then they will be just another exonumatic-curiosity. The Federal Reserve system of creating money out of nothing is the scam www.norfed.org RARE COIN AUCTIONS NO MINIMUMS http://frankcoins.com Ebay Powerseller FRANKCOINS Texas Auction License 11259 Board member of Texas Coin Dealers Association, Fort Worth Coin Club. Member: Texas Numismatic Assoc, American Numismatic Assoc. |
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On Mon, 28 Jul 2003 01:22:24 GMT, "Linda"
wrote: Details, details, man, what's the scam? Thanks! I think "scam" might be a tad harsh. I put Norfed more on the lines of "well-meaning but misdirected". It's basically an attempt to go to a (privately issued) currency backed by precious metals. It's for people who don't trust the "Full faith and credit" of the US government. They're web page is at: http://www.norfed.org/ PS While I do not believe that NORFED is *designed* as a "scam", there is tremendous potential for someone to "take the money and run" leaving all the NORFED customers holding truely worthless paper money -- just what they were trying to avoid! Forrest Stevens |
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"Linda" wrote in message . com... Details, details, man, what's the scam? Thanks! snip It's yer basic multi-level marketing type scam. Silver one ounce rounds with a face value of "10 dollars" (not legal tender US dollars, mind you). But you can buy these rounds at a discount, if you buy a lot or get others to buy them, etc. They also feature "currency" which are notes to pay out in silver (they also have gold ones) rounds, which are held in a vault somewhere. They expect hoards of anti-government types to begin using their currencies to do business with, creating a big demand (and thus more profits to those who purchase the currency at a discount.) Then there's the whole fear factor, that US currency will be completely worthless in a couple of days and only those who have patriot money will be able to purchase bread and milk. Coin collector's notwithstanding, the philosophy of money being expressed by these people (whether or not it is simply propaganda) is so entirely outdated as to be laughable. |
#10
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Ah, thanks.
While I feel certain the US economy and fed reserve are at any time going to come crashing in around our ears, I don't think trading silver from some private profiteers is likely going to be the salvation, either. :-) "Edwin Johnston" wrote in message ... "Linda" wrote in message . com... Details, details, man, what's the scam? Thanks! snip It's yer basic multi-level marketing type scam. Silver one ounce rounds with a face value of "10 dollars" (not legal tender US dollars, mind you). But you can buy these rounds at a discount, if you buy a lot or get others to buy them, etc. They also feature "currency" which are notes to pay out in silver (they also have gold ones) rounds, which are held in a vault somewhere. They expect hoards of anti-government types to begin using their currencies to do business with, creating a big demand (and thus more profits to those who purchase the currency at a discount.) Then there's the whole fear factor, that US currency will be completely worthless in a couple of days and only those who have patriot money will be able to purchase bread and milk. Coin collector's notwithstanding, the philosophy of money being expressed by these people (whether or not it is simply propaganda) is so entirely outdated as to be laughable. |
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