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Are you wary of these?
Posted:
Sun Feb 12, 2012 5:30 pm
by GA-Silver
A guy I trade coins with has a Liberty Dollar 1 oz round. I can get it under spot, but am a little wary of the LD because of its designer's legal problems. Am I right to feel this way, or would you take the deal?
Re: Are you wary of these?
Posted:
Sun Feb 12, 2012 5:36 pm
by justoneguy
Personally, i LOVE those rounds.
very cool item there
Re: Are you wary of these?
Posted:
Sun Feb 12, 2012 5:49 pm
by Silver Addict
Take the deal. The authorities aren't after the buyers, only the makers and they already have them.
Re: Are you wary of these?
Posted:
Sun Feb 12, 2012 6:33 pm
by Lemon Thrower
if you hold it, there should be no problem. its if you try to use it as a money substitute.
Re: Are you wary of these?
Posted:
Sun Feb 12, 2012 11:17 pm
by knibloe
I wouldn't mind having a couple. All of the ones I have seen were way over spot.
Re: Are you wary of these?
Posted:
Sun Feb 12, 2012 11:31 pm
by tractorman
knibloe wrote:I wouldn't mind having a couple. All of the ones I have seen were way over spot.
+1 Same here. I would be a buyer under spot.
Re: Are you wary of these?
Posted:
Mon Feb 13, 2012 12:31 am
by rainsonme
I buy a few denominations of Liberty coins every time I am in Evansville In. They have a good supply. That is where the fed's came down on the producers, and the merchants who hung "Liberty Store" signs, indicating they accepted the alternate currency. I think they are very attractive coins, and they are my preferred .999.
If the fed's really do confiscate a significant number of these, it will only increase their value and notoriety. Unfortunately, I think the feds are done with Liberty coins, having made an example out of the producers.