Inflation is not going away. Store some real money.
This week’s (June 6, 2023) Tuesday Night Auction for Cozy Coats for Kids is a 1/4-oz gold coin, a Ukrainian coin, a slabbed coin, a real Indian head penny, a fake silver $50 bill, a huge stamp collection, and some inspection books.
Coin authenticity verified by Nick on Nick’s Sigma machine. .999 pure. Good-looking coin.
Auction starts now and ends around 7PM MST (9PM EST) on Tuesday night.
Winner will be the post with the highest bid as of roughly 7PM MST (9PM EST).
You can bid as many times as you’d like, as long as your new bid is higher than the previous bid.
Winner agrees to make a donation to the Cozy Coats for Kids charity for the amount they bid.
Winner’s company, company logo, and company contact info will be listed/promoted on the Cozy Coats for Kids’ Donors page forever… an added bonus for winning.
Inspector Outlet will contact the winner for shipping instructions (shipping included).
Maggie will contact the winner for payment.
Total approximate value of this item with shipping: No clue.
Yes, I use the same PIC to explain that I test all my coins to make sure they are real. I actually test everything I buy, as I buy them, not when I post them as a donation here.
I did some research: It’s 90% gold, but it’s STILL A FULL 1/4 OUNCE OF PURE GOLD. They add additional metal to this to make the coin harder. You’re still getting an 1/4 ounce of gold. Here are some fresh PICs and a link to more information about the coin. It’s actually a proof, which is why it sells for so much more than 1/4 ounce of melt gold.
And it’s a PROOF (the highest grade). The additional metal doesn’t displace any of your gold, it is added in addition to make the metal harder and more durable.
Every coin that has ever been auctioned went to someone who got a screaming deal. Often, they don’t even command the melt price of the metal, which is insane.
If you want to make certain you aren’t over paying for gold, you’re safe in placing a bid that is at least the melt price of the metal. This is 1/4 ounce and spot gold is about $1,950 today. So you won’t go wrong with a bid of $487.
Also, if I ever see any member over-bidding for these coins, I’ll jump in and stop you. Historically though, the winning bid is way, way less than they are worth and can instantly be resold for.
$200.00 
