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What’s the catch? This site is claiming to be selling Morgan dollars at $9.99
Mr_Spud
Posts: 4,455 ✭✭✭✭✭
How can this website be getting away with offering Morgan dollars at $9.99 each. I almost bought some but something tells me this has to be a scam. But the ad keeps popping up in my Facebook page, I didn’t think total scams could do that. Anyway, here’s the link https://www.jaredi.com/products/复制-classic-collection-morgan-silver-dollar-coin--1878-1921-good--?fbclid=IwAR1ilbp75aqQupZR_YuWJT-qMKz0fMXn61qi5yEa682xXACk-wzugWbTnqo
Hopefully the link works
Mr_Spud
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You best be throwing your hard earned income into all you can buy! Hell of a deal, 'eh? But, don't stop there buy the gold Kangaroos for only $19.99 each!!
NOT
Bob
This might provide a clue.
Part of the website URL is in Chinese.
The Mysterious Egyptian Magic Coin
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The catch is they’re going to be fake and not worth the $1 “face value”
They show pictures of real Morgan dollars, but I'm sure that what you get isn't what you see. You get what you pay for.
Good catch. I don't even want to click on it.
I just went and looked at the $19.99 gold kangaroos after reading AUandAG’s response, I didn’t pay attention to them when I looked at the website the 1st Time. I can imagine someone falling for the $9.99 Morgan’s since they say “good” condition, like at first I thought it might be possible with damaged cull coins until I remembered that was below spot silver, but the gold kangaroos say they are 1 oz 999 pure gold. I don’t even think a total newbies grandmother would fall for that one. I think it’s crazy that those ads keep showing up on my Facebook home page ever since I briefly joined a Facebook coin group a while back. I quit the group after seeing people from foreign countries posting modern US pocket change and trying to sell it to anyone who clicked the like button or responded. But now I get these weird spammy coin ads.
Mr_Spud
Fakes, and way overpriced at that.
Yep. Here’s another one that tempted me when it started showing up on Facebook. It looks like an intricately carved “hobo” Morgan dollar with a working mechanical hand, but I figure it not a real carved Morgan dollar, just some kind of mass produced thing that probably would fall apart https://laughingsquid.com/mechanical-coin-sculpture/
But if it was really carved from a Morgan it would be cool !
Sigh.... I miss going to real coin shows...
Mr_Spud
Looks like a knock off of the carved dollars that Russian artist makes.
Run Forrest Run
The Morgan Dollars pictured there are genuine.
But that is not what you actually get if you order.
@Mr_Spud.... Welcome aboard.... Yes, a complete scam.... Good idea to check here.... Cheers, RickO
Scams and spam on facebook? well I never....
Successful BST transactions with: Cameonut, Rob41281
FaceBook has been notified by a number of people that counterfeit coins are being sold by the Chinese criminals. The complaints have been ignored, not exactly a surprise. One of the major sellers of coins and other counterfeit goods on FaceBook is WISH, also from mainland China.
I suspect the Chinese scammers pay their ad fees on time and in full, so what's the problem??
Successful BST transactions with: Cameonut, Rob41281
and there are also ads selling (probably very crappy) suppressors as "automotive fuel filters". Facebook does not care.
I've seen the same $10 morgan ad, it's definitely a scam.
Collector, occasional seller
For the most part the photos look like genuine coins (of a much higher grade), but these look off to me...
You are not going to get genuine coins.
What's the catch?
Here's your first hint:
Great transactions with oih82w8, JasonGaming, Moose1913.
That reminds me of the Facebook ad for sandals I bit on last May. The first day I saw it I knew it was too good to be true, but when it appeared the second day, I bit. The sandals were selling for about one-fifth of retail, but appeared to be sponsored by the sandal maker (Ecco). I figured my Costco Visa would protect me (they always have).
Needless to say it was a total scam, and I got a refund. I just wasted my time.
Never trust a Facebook ad. Never.
The OP's website jaredi.com is registered to the Chinese firm Alibaba.
The Mysterious Egyptian Magic Coin
Coins in Movies
Coins on Television
Rotsa ruck. Pass.