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Old 02-23-2005, 07:54 PM
Terry Terry is offline
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Join Date: Sep 2002
Location: The Appalachian Trail
Posts: 660
Default Re: O/T Looking for \"under the mattress\" type investment

Hiya Mike. That link led me to doing some research on British Sovereigns, a small, common gold coin whose value is related more to the gold market than to “collector” value – they sell for just a bit over $100, making it easy to buy with whatever spare cash a person might have. They are apparently easy to buy and sell, recognized world wide, they were even provided to soldiers in the Gulf War as emergency currency. Anybody know anything about these?

lil_o, I wasn’t considering the TV jewelry, rings and such. I was curious about the loose gemstones they are selling, particularly the tanzanite. I was wondering who buys those things – they sell gems for $10,000 and more on live late night TV, obviously not the trailer park / collector plate crowd buying them ... Then again, they sell $400 computers to ignorant buyers for $2500 on TV ... the loose gems just have me intrigued in a Scrooge McDuck money bin way, but I’m looking for info, not to dump my bankroll on marketing scam.
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