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Is National Collector's Mint $50 Dollar Buffalo a ripoff?

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Scambuster:

If the National Collector's Mint infomercial has you believing that they will sell you a $50 Buffalo coin for a fraction of the value of the price of an ounce of gold, you should definitely read this.  The $50 Gold Buffalo, which is minted by the U.S. government contains an ounce of gold and will sell for over a thousand dollars, depending on the current gold market price.  The coin that NCM advertised in their infomercial is a "tribute" coin, which is a euphemism for a replica or fake.  It is a "gold clad" coin, which means that it is another metal covered with a layer of gold.  Make sure you know what you are buying!

How much is 31 milligrams of pure 24K gold worth?
Read this before you buy this coin.

How much will I have to pay for an ounce of gold?
Sample prices for a one-ounce gold coin




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