Coins are latest merchandise launch by Republican, who raised a third of the amount brought in by Harris in August
  • Soup@lemmy.cafeEnglish
    2·
    4 days ago

    Commemorative of what exactly? The first time he got impeached, his first lie about raping someone? The first time he fisted Putin?

  • NateNate60@lemmy.world
    1·
    6 days ago

    I saw these being talked about on r/silverbugs, Reddit’s silver-collecting community. There is definitely a higher-than-usual concentration of Trump supporters there and even they were lambasting it for being a dumb thing to buy.

    The thing is, these can’t even legally be called “coins”. A coin is only called that if it’s made with sanction from the state. Privately-made coin-like objects are “rounds”. Silver rounds are pretty common and are basically all worth melt value. I have no doubt these “commemorative coins rounds” will meet their end five or ten years from now in someone’s backyard kiln who will unceremoniously melt them down and cast them into some nice jewellery or a silver figurine.

    Edit: I actually have some Trump design silver rounds. Not official Trump products, of course (or maybe they are, IDK). They are very common and worth nothing more than melt value. I paid melt value of these two. I traded one of them to my former roommate who’s a Trump supporter for a cod.

    Definitely going to keep the “never surrender” round that has his mugshot that they took after he surrendered though.

  • Mister_Feeny@fedia.io
    0·
    6 days ago

    “1oz .999% silver medallions”

    So the coins weigh 1 oz, and are, for all intents and purposes, 1% silver? According to a quick google, silver is worth $31.07 an ounce today. So these coins have 3.1 cents worth of silver in them.
    And he’s selling them for $100 each.

    Or is the decimal used differently here because the Guardian is British and in this context it means 99.9%?
    In that case it’s $31 worth of silver sold for $100, but that seems a downright generous investment when it comes to Trump merchandise, so I’m still guessing it’s 3 cents worth of silver.

    • Romia278@lemmy.worldEnglish
      1·
      3 days ago

      Yeah that’s in quotes too like they got it from him or his posts announcing these. I’d say it’s a typo which he is really good at.

      .999 silver is common phrase to put on rounds but can be referred to as 99.9% too so someone probably typed it up wrong and combined them.

      I would question the purity too though until I see them tested properly. There are other companies making clad Trump rounds and trying to sell them as high value collectibles especially gold plated ones.

    • Agent641@lemmy.world
      1·
      6 days ago

      It’s not money laundering to sell dumb shit to idiots, like coins to magas, or bathwater to thirsty teenagers, or dogecoin to me