Welcome guest, is this your first visit? Click the "Create Account" button now to join.
Results 1 to 5 of 5
  1. #1
    Registered User
    Join Date
    Sep 2018
    Location
    Farmerville, La
    Posts
    988
    Post Thanks / Like
    Rep Power
    80

    Cook Islands Gold $1

    I picked this bullion coin up a few years ago off ebay. It's a tribute to the United States of America
    Attached Images Attached Images

  2. Thanks GrumpyEd, makecents thanked for this post
    Likes GrumpyEd, makecents liked this post
  3. #2
    Registered User GrumpyEd's Avatar
    Join Date
    Jan 2013
    Location
    Arizona
    Posts
    7,229
    Post Thanks / Like
    Rep Power
    1017
    It's cute but it's not a bullion coin, it's sort of a scam coin.
    These are misleading, they are 24% gold (note that it says .24 not 24K or .9 or .99 or .999) of the total weight (not 22-24K like bullion coins) so that means it's really 72mg of actual gold. If it was sold as a bullion coin based on the coin weight then it was a scam.


    http://about.ag/FakeCookIslands24Gold.htm

  4. Thanks makecents, Dearing thanked for this post
    Likes makecents, Dearing liked this post
  5. #3
    Paid Member makecents's Avatar
    Join Date
    Jun 2017
    Location
    Roanoke, VA
    Posts
    10,922
    Post Thanks / Like
    Rep Power
    817
    Quote Originally Posted by GrumpyEd View Post
    It's cute but it's not a bullion coin, it's sort of a scam coin.
    These are misleading, they are 24% gold (note that it says .24 not 24K or .9 or .99 or .999) of the total weight (not 22-24K like bullion coins) so that means it's really 72mg of actual gold. If it was sold as a bullion coin based on the coin weight then it was a scam.


    http://about.ag/FakeCookIslands24Gold.htm
    You never cease to amaze me!!

  6. Thanks GrumpyEd, Dearing thanked for this post
    Likes GrumpyEd, Dearing liked this post
  7. #4
    Registered User
    Join Date
    Sep 2018
    Location
    Farmerville, La
    Posts
    988
    Post Thanks / Like
    Rep Power
    80
    Quote Originally Posted by GrumpyEd View Post
    It's cute but it's not a bullion coin, it's sort of a scam coin.
    These are misleading, they are 24% gold (note that it says .24 not 24K or .9 or .99 or .999) of the total weight (not 22-24K like bullion coins) so that means it's really 72mg of actual gold. If it was sold as a bullion coin based on the coin weight then it was a scam.


    http://about.ag/FakeCookIslands24Gold.htm
    ...and that would be the reason I don't pay premium for coins on ebay lol thank you Ed for the info. I didnt even know what a bullion coin was back then lol but luckily I only paid 45 bucks for it thanks again

  8. Thanks GrumpyEd thanked for this post
    Likes GrumpyEd liked this post
  9. #5
    Paid Member jfines69's Avatar
    Join Date
    Jun 2010
    Location
    Florida
    Posts
    28,145
    Post Thanks / Like
    Rep Power
    1770
    This is why I call Ed the Edcyclopedia of coins... Still cool looking!!!
    Jim
    (A.K.A. Elmer Fudd) Be verwy verwy quiet... I'm hunting coins!!! Good Hunting!!!

  10. Thanks GrumpyEd thanked for this post
    Likes GrumpyEd liked this post
 

 

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •