New Gold coin

[jewelerdave]

I started a small mint for gold coins.

This is the new gold coin we are making, Just started making them last week, more info is on the web site

www.enviromintcoins.com

We plan on making more designs, but just testing the waters with the one at the moment to see if its worth doing.

Thanks,

David

 

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[bradyboy]

I'm Sorry, but I have to ask this -
can you tell me why I should consider your coin over a trusted US mint coin that has a recognised resale value, recognised mintage?
Ive posted a response in the past to your endeavor, I respect your hobby and craft-manship but trying to understand the logic in investing in your coins when it comes to investment purposes, which is what most folks are interested.
Bradyboy

 

[Emperor Findus Cladius]

The coin looks awesome. Only question I have is since you are not a US Mint, how can you assign a dollar amount ($100) to the coin?

 

[bobr]

He didn't put a monetary value on the coin itself. If you look carefully there is no dollar amount on the coin. His price is for the gold and cost of manufacture. Also some profit I'm sure.

 

[bradyboy]

The coin does show $100
I'm not trying to bash on this but trying to find someone to convince me that this would be a nice addition to my collection
The lack of responses might confirm my concerns in investing in this.
I'm always looking for an opportunity but at this time I don't see it

 

[bradyboy]

Sorry, could be $10

 

[bobr]

You're right. My bad. I didn't look closely enough. All I saw was the 100%.

 

[coinmojo]

click on the link he provided

 

[coinmojo]

I suppose as a commodity, it being a 1/10 of an oz. .999 fine recycled gold @ todays price of $925 an oz. it should be worth $92.50 so If you were to pay $115 + S.H. you could stand to break even, if gold goes over lets say $1,200 make a profit or double up when Gold goes to $2,300

Might not be a bad deal. Plus you never know 100 years from now it could be a rare coin. if it were to say... become recognized and accepted.

 

[JCinNJ]

They look a lot prettier than what the U.S. mint is putting out. Nice job!

HH

- joe

 

[bradyboy]

Dave
can you tell us how your making out with the sales of this new coin?

 

[jewelerdave]

Sales are good considering I am only doing them as a sideline and not advertising with anything that is not free or by word of mouth.
Most of the gold we buy ends up in my jewelry designs www.demokume.com
This is something I am doing for fun, with a "lets see how it does attitude" But already have some larger contracts comming in.
I dont know how many will be made this year, it may be 1000, it may be 500, it may be 20,000. I am going to make them on the demand only.


I will also have some new designs in the coming weeks and months. Next being a coin minted from Colorado Native Gold that assays 93% unrefined, It will be a tribute to the 150th anniversary of the Colorado gold rush and the Clark and Gruber Coins. dont they way they did it back then, out of native gold. It will be like an American Egale, and contain 1/10th ounce fine gold. but be 93% pure and not 22k.

As to the value of the coins etc. that will be something the collectors market will have to determine. These may become something that is valuable, or it may be something that people just dont care about, mintage is limited and most are melted. if thats the case, it may be more than 50 to 100 years before they are "worth" anything. or it may be in 5 years from now they are priced like the 1999 silver quarter sets, impossible to get a hold of and selling for a huge sum. I doubt it, but one never knows.
I like to think that I am adding a small part to Numismatic History. This is the first coin EVER to be minted out of %100 recycled origin metal. yes, FIRST EVER! it will defiantly go down as a sign of the times for this era.

And like history has show, like any new coin, people either love it or hate it. This is fine. I just thought it would be something cool to do. I am keeping mintage and exposure low for the moment.
I dont make much on the coin, for each ring I make I make between $500 to $1000, for each coin its $5 to $15
With the wedding season coming on hard and fast this year most of my time is following the money.
One, because I dont know what the demand would be if I hit hard with advertising. and two I do not depend on the sales of these things to make a living, I may make $5 to $15 of each coin, hardly enough to make a living on, for the numbers I am doing at current but as a sideline, believe me the jewelry pays better. However that being said, I plan on making a number of different coins on the side and because I dont depend on it. This little mint will be around for a very long time.

I have sunk about 11 Grand into this project for the hell of it, Why, because I thought it was neat and I do crazy stuff sometimes. I just want to see how it goes, and I wanted to make cool stuff for my personal collection as well. Talk about a hell of an item to trade for unique items I have some really cool stuff coming up on the drawing board. I think people will have fun with what I will have to offer. In the next few months and years you will see what happens when you put a few cynical professional jewelry designers together with a professional die engraver and the ability to refine gold and stamp coin. We plan on having some very beautiful, and some very twisted yet funny things come out.
things such as pirate gold, Inflationary gold Think a picture of a hedge and a bush and a motto "GOLD YOUR HEDGE AGAINST BUSH" I dont think we will launch it as there is so little time for Bush in office, But you gotta admit its funny no matter what your political alignment is. I am sure we will figure out something clever for who ever wins the next election. I wont say the other Ideas we have been putting together but it will be quite colorful and fun as well as some very generic stuff. Either way, I am here to stay and grow this project and dream and mint fun and beautiful coins

 

[bradyboy]

How are the sales going?
Current cost to purchase one?

 

[Vodka1000]

I'm Sorry, but I have to ask this -
can you tell me why I should consider your coin over a trusted US mint coin that has a recognised resale value, recognised mintage?
Ive posted a response in the past to your endeavor, I respect your hobby and craft-manship but trying to understand the logic in investing in your coins when it comes to investment purposes, which is what most folks are interested.
Bradyboy

Amen,
I still don't understand what is the reason of doing this>>>>

 

[bradyboy]

how are you making out with this endeavor?
I might be interested
Please pm me

 

[bradyboy]

weight , purity and cost at this time?

 

[Vodka1000]

weight , purity and cost at this time?

I still don't get it.
Why we should pay you premium for coins "you made" with no value as a coin - just a gold melt value.
And who knows ----

 

[lucky1777]

weight , purity and cost at this time?

I still don't get it.
Why we should pay you premium for coins "you made" with no value as a coin - just a gold melt value.
And who knows ----

Because he put his time and own money into this. Is he suppose to sell them at cost? I guess all the stuff you sell on here, you never make any profit on?

 

[Goldiver]

Very nice looking design. I am looking forward to seeing your other designs. Looks like a fun project or side hobby to me.

 

[bill-USA]

That is a very nice looking coin.

I want to say that there are only two designs the I would like to see you attempt. I know I couldn't fund any of the work, but the flying eagle cent has always been an attractive coin, and I'd be very interested in a winged-liberty or 'mercury' type of design. I will put myself on your mailing list in case you ever get around to doing one or the other.

I know I don't get a vote, but wanted to share those two items.

Gorgeous looking indian head and very nice detail on the reverse.

Thanks for sharing the work you've done, here on T-Net.