comments
No Official Colorized Coins
 Print
|
Have you ever flipped through the advertisements in the back of a magazine and seen regular old coins done up in their Sunday best? I’m talking about coins like quarters in full color (colorized, if you will). I have and I’ve wondered if those things were legitimate productions of the US Mint – they are not. The coins themselves are real but the introduction of color is strictly a third party creation. The Mint has never produced or sold colorized coins, according to their website, and businesses don’t need permission to paint up coins (unless the Mint has a copyright). Don’t confuse colorized coins with “bimetallic” coins. The US Mint does create “bimetallic” coins, that is a coin made of two different types of metals (like the 2000 Library of Congress Commemorative Bimetallic Ten Dollar Coin made of platinum and gold), it just doesn’t put color to coins.
Should you buy these coins as an investment? Who knows… but the fact that they’re being advertised in the back of a magazine probably tells you something. I know I wouldn’t.
{ 2 comments, please add your thoughts now! }
Related Posts
 By Jim |
 Stumble It! Bookmark reddit.comTags: Coins, Money May 12, 2006 | Read more in Personal Finance |
Like this article? Get all the latest articles sent to your email for free every day. Enter your email address and click "Subscribe." Your email will only be used for this daily subscription and you can unsubscribe anytime.
They have a lot of neat coins available that I didn’t even know about. I think I might get the military bicentenials that come out later this month. My girlfriend and I are both veterans. Great post, I always wondered about those colored coins too.
I work for Goldline Intl in Santa Monica, and we carry a substantial number of the Walking Liberty Red, White and Blue silver American Eagles. They’re not legal tender, but silver bullion coins.; We used them as free coins to get silver in folks’ hands, because they do have one ounce of silver, and they’re collectable; albeit, there is a bit of a premium. See here. http://www.goldline.com/specials/2004/08242004-1.html