Liberty silver dollar and half dollar proof coins along with its own, privately struck gold medallion, for $345. The Bureau of the Mint said that because of the way the Federal Mint set was advertised, it was easily confused for three-piece government-issued sets that have more than doubled in value since they sold out late last year, according to Kenneth Gubin, general counsel to the bureau.įederal Mint sold the U.S.
Its direct mail flyers were in the mail as late as last week. The company's sales office in Hollywood, Fla., closed during the weekend. Postal Service filed a civil complaint against the company alleging that buyers could easily confuse the set with government-issued commemorative coin sets worth three to four times that amount.įederal Mint, which advertised in The Washington Post last on June 16, is also being investigated by the Florida comptroller's office for "possible fraud and misrepresentation," according to a source in the Florida attorney general's office.Īttempts to reach Joyce Gable, listed as a Federal Mint director in Florida corporate records, and Jay Schlak, identified as a director in the postal complaint, were unsuccessful this week. Last Friday, Federal Mint closed its post office box after the U.S. through a nationwide advertising campaign.Ĭoin dealers say the set is worth only $140.
coins and a gold medallion for $345 from the Federal Mint Corp. Until last week, collectors looking for a way to mark the restoration of the Statue of Liberty could buy a set of two U.S.