The E-Sylum:  Volume 8, Number 31, July 17, 2005, Article 22

SAVE ME FROM THE ‘DO-GOODERS!"

Dick Johnson writes: "Please tell Jeff Schwartz I don#39;t want
a refund on a purchase of a Freedom Tower Silver Dollar,
I don#39;t want to join his law firm#39;s suit against "the company"
which put them out. As I recall these were promoted at just
under $30 each. I don#39;t remember "the company" holding a
gun against the head of everyone who bought one. Sure,
there was some lose verbiage about the silver coming from
silver stored under the Twin Tower. Have you ever heard a
coin dealer in a bourse room trying to make a sale to a
tough customer? Worse than that!

Irrespective of the fact less than two cent#39;s worth of silver
plated a copper piece, the price is $30, or whatever it was.
It was a buyer#39;s choice, a free will act to make the purchase
-- or pass it by. Perhaps the vendor wasn#39;t entirely truthful
in its sale pitch. Isn#39;t that trade puffing? It is, after all, Buyer
Beware as in everyday life. Caveat emptor!

So they put 2 cents worth of silver on a copper blank which
cost maybe 12 cents, and it cost $1.10 to strike it; the dies
cost $1200 and they had to pay an artist several thousand
dollars. The advertising cost perhaps $10 per order. There
was some administrative costs. My goodness, they might
make $15 profit!

Please save me from the "do-gooders" – who believe this
was a crime! I believe the "do-gooders" are more harmful
than "the company" selling the item. But I would state the
company did not need to stretch the facts like they did.
When you have a good product and good timing, you will
make your sales.

If I had bought a Freedom Tower Silver Dollar I would
have wanted it for what it memorializes, not the fact I paid
perhaps twice what it cost to make. I believe those who
have one would be short sided to ask for a refund. (An
inflexible rule exists in numismatics – the fewer the number,
the greater the value-- with some other provisions like
condition and demand.)

No, Jeff, I don#39;t want a refund on a Freedom Tower
Silver Dollar. I want to BUY one!"

  Wayne Homren, Editor

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