… that’s one way to handle the debt.
free link:
https://wapo.st/4xKQCnq
intercst
2 Likes
As an investment, that coin will join the Trump cryptocurrency as a loser.
The official circulating $1 Trump coin released by the U.S. Mint contains zero actual gold, despite having a gold-colored finish. [1, 2]. The coin is made of 88.5% copper, with the remaining balance consisting of 6% zinc, 3.5% manganese, and 2% nickel.
I won’t comment further about the similarity to the president since that would be political.
Wendy
8 Likes
As an investment, just about any “normal” coin is bad. I collect a few coins just because I like the design. I’ve only landed on a couple “normal” coins that turned out to be investments in hind sight. One - the first silver $1 buffalo coin. Bought from the mint at release for $35 and later that day could’ve sold it for $100+. People just loved the design. Could probably get $130 now depending on grade but over the 25 years, S&P beats it. Two - the $1 Baseball Hall of Fame similar fate though not as dramatic. It was the first curved coin produced by the US mint.
If you’re trying to make money on coins, it needs to be really rare and/or an mis-strike. Commemorative proof coins directly from the mint are really just for the fun of it.
2 Likes
You kinda did, but I think that’s great!
Pete
1 Like
