Most coins Obama sold are not official marketing manoeuvres. The currency Obama depicted here was made in a special, private, limited edition of 300 for the illustration of party supporters. Photo by Christopher Furlong/Getty Images.
Obama coins were already sold by TV commercial shows coin dealers and small nongovernmental mints, even before Barack Obama was elected President of the United States. Coins color with portraits of Obama are collectibles appealing because Obama has aroused emotions of many Americans like no other candidate for Presidency in the history of the United States has probably never. Sellers of coins Obama play historical and emotional aspects of the success of Obama, marketers often these coins as rare, limited edition collectors that might increase in value over time. When you mix the emotions and investment decisions, your pocketbook is almost always a loser.
According to the specialist of currency nationally known Scott a. Travers, author of survival Manual of The Coin Collector, "these coins are absolutely terrible investment. The value of these coins is what you can spend it for today. And the value of these coins for the near future will still face value — what you can spend on. Don't buy these coins as anything other than souvenirs. "
Travers goes to warn, "we know that a consumer purchases these elements as an investment when he or she buys a very large number of them. There is a reasonable assumption that if a consumer places an order for 300 or 500 of these elements that potential future profits has motivated the purchase. There is little or no profit expectation in the mind of the consumer, if you purchased a small number. Purchases of small quantities are often for family and friends. I recommend never buying these coins as an investment or hoping to make money. "One of the most heavily marketed Obama coins are the dollars before Obama. Ads for these currencies have slick videos TV and Internet, showing footage of emotion, loads of Obama walk among the crowd of ordinary Americans and speaking to crowds of flag-waving. An ad claims that can "own a piece of American history" and then goes to identify correctly a normal circulating Presidential dollar as an "inaugural presidential dollar". These Obama coins are sold at prices ranging from $ 9.95 plus shipping (total: $ 14.90) to almost $ 30 each and everyone is really is unreadable presidential dollars you can get for $ 1 at the Bank!
Most of Obama coins using a presidential dollar coin of hosts are colored by applying a decal, merging them permanently to the surface of the currency by a process of hot glue. Thus, these sellers are erasing the faces of the founding fathers of our nation and placing their garish coloured designs on our legal u.s. coinage. The result is a currency which is useless; numismatically in other words, these coins Obama color will never have any value to collectors of coins as collectible presidential dollars because the original surfaces of the coins were destroyed by the process of coloring.
Private ticks that create these coins Obama "collectible" are also deformation state quarters coloring them. Although many State colored housing are made through the decal process, some of these Obama coins are created by using a process a bit more high-quality-using multiple layers of an ink based on polymers, to clothe coins with a portrait of Obama. In one version sold in TV, portrait of the State of Illinois district of George Washington is replaced by one of Barack Obama. The District of Illinois with a young Abraham Lincoln on the side of the coin, queues, resulting in a currency with Obama on one side and Lincoln from another. Now there is a combination of stir the emotions of every American patriotic!
Certainly there is nothing wrong with buying coins Obama color as souvenir if you think are interesting and worth the money. But buy them with realistic expectations, keeping in mind that millions of them could be produced and that they are not likely to increase in value on what you paid for them. Just because the election to the Presidency of Obama is historic, that doesn't make it every single currency collectible that someone is hawking equally historic. Coins Obama sub-division of State are selling for $ 9.95 for up to $ 14.95 for a version with Joe Biden and Obama together. The neighborhood that colorful picture is printed on are worth $ 0.25 (assuming that someone would have agreed to trade in his mutilated condition).
A few weeks after I posted this, both the United States Mint and the Professional numismatists Guild (PNG) also issued alerts about Obama coins, reports that they should not be seen as rare coins or an investment, but only as an element of souvenirs. You should also read Obama consumers of coins of mint US Advisory.
Not all currencies are unofficial Obama floating around, nor are they all just colored U.S. pocket change. A later page, I tell you about Obama actually have something to do with two coins, and if you are a good investment or not.
