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Obama coins are not an investment

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stonej

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Dec 2, 2008, 9:52:44 PM12/2/08
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note.boy

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Dec 3, 2008, 5:47:59 AM12/3/08
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"stonej" <sto...@mail.lib.msu.edu> wrote in message
news:90d8eb3a-0d02-4411...@w34g2000yqm.googlegroups.com...
> http://www.luxist.com/2008/12/02/obama-coins-are-not-an-investment/

Dang! I've just invested in 10,000 of them. :-)

They will be hawked heavily in the newspapers and magazines no doubt.

The Churchill Crown was suggested as being a good investment in the UK coin
mags back in 1965/66 but they will never be worth the buying power they had
when originally issued never mind anything above that. I have just one got
from the bank at face value. To just break even, allowing for inflation,
they would have to be sold now for about £1.50 each, this would prove
difficult. Billy


Jon Purkey

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Dec 3, 2008, 9:07:17 PM12/3/08
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On Wed, 3 Dec 2008 10:47:59 -0000, "note.boy"
<note...@naespamntlworld.com> wrote:

>"stonej" <sto...@mail.lib.msu.edu> wrote in message
>news:90d8eb3a-0d02-4411...@w34g2000yqm.googlegroups.com...
>> http://www.luxist.com/2008/12/02/obama-coins-are-not-an-investment/
>
>Dang! I've just invested in 10,000 of them. :-)

That's about how many times I have seen the Franklin Mint commercials
selling the coins.

justicecow

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Dec 4, 2008, 9:36:11 AM12/4/08
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On Dec 2, 9:52 pm, stonej <sto...@mail.lib.msu.edu> wrote:
> http://www.luxist.com/2008/12/02/obama-coins-are-not-an-investment/

gosh.

and they're so bright and pretty, too.

oh well...

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