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

SAVE ME FROM THE ĎDO-GOODERS!"

Dick Johnson writes: "Please tell Jeff Schwartz I donít want
a refund on a purchase of a Freedom Tower Silver Dollar,
I donít want to join his law firmís suit against "the company"
which put them out. As I recall these were promoted at just
under $30 each. I donít 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 centís worth of silver
plated a copper piece, the price is $30, or whatever it was.
It was a buyerís choice, a free will act to make the purchase
-- or pass it by. Perhaps the vendor wasnít entirely truthful
in its sale pitch. Isnít 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" Ė 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 Ė the fewer the number,
the greater the value-- with some other provisions like
condition and demand.)

No, Jeff, I donít want a refund on a Freedom Tower
Silver Dollar. I want to BUY one!"

  Wayne Homren, Editor

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