They say a sucker is born every minute, and on Nov. 4, 2008, 58 million of them became potential victims of scammers just itching to separate them from their money.

Consumerist.com points out that many Barack Obama supporters were shocked to learn that the “historic” Presidential Obama Coin Collection they rushed to buy are just coins with Obama stickers on them. [LINK]

I’m not sure what people thought they were getting. I’ve never seen silver or gold coins in full color that weren’t painted or had a sticker on them.

Besides that, in the commercial you clearly hear Montel Williams say the coins are “quarters” with Obama’s image [stuck on them].

The company that manufactured the coins, U.S. Coin Network (uscoinnetwork.com and obamacoincollection.com), say it is against their policy to cancel orders that haven’t been shipped yet.

Those Kool-Aid drinkers who seek refunds had better get in line. I suspect this company will file for bankruptcy soon, which will protect them from their creditors and dissatisfied customers.

Thanks to loyal reader Karen D. Civil for the link!