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Scam website coinagefield.com Silver Eagles $19.99 buy 20 get 10 free

I have gotten two calls since Jan. 1 from bullion customers asking if I could match the $19.99 price for one ounce silver eagles from www.coinagefield.com When I told them this must be a scam, as not only was it less than spot, but 'buy 20 get 10 free' was impossible. "So your answer is no," one asked. The other said it cannot be a scam, because they are PCGS, NGC and CCE authorized dealers, and "wouldn't be allowed to" say that on their website if it wasn't so.

Buyer beware.

Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com

Comments

  • MFeldMFeld Posts: 11,750 ✭✭✭✭✭

    Have you contacted PCGS and NGC about them?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    The internet is full of these scams! (Check Facebook or IG)

    They hijack logos from PCGS, NGC, PNG, ANA, US Mint & known coin dealers.
    Because they are out of reach from the long arm of the law there is not much that can be done. :/

  • MFeldMFeld Posts: 11,750 ✭✭✭✭✭

    I couldn’t find the company listed as an affiliate by CCE, PCGS or NGC. Has anyone else checked?

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    @MFeld said:
    I couldn’t find the company listed as an affiliate by CCE, PCGS or NGC. Has anyone else checked?

    No need to try, you are trying to track down an internet ghost.
    Good chance the real seller is overseas. ;)

  • CRHer700CRHer700 Posts: 457 ✭✭✭✭

    It also says “24 hours after paument” what ever that means. :D

    Cheers, CRHer700 :mrgreen:

  • erscoloerscolo Posts: 427 ✭✭✭✭✭

    Time is only wasted on those that fall for these scams and get mad at other sellers who are legitimate. They are not worth your time. Thank you for reporting the scam though so that those with some semblance of intelligence will know to stay clear, and that the scammer gets shut down.

  • MFeldMFeld Posts: 11,750 ✭✭✭✭✭
    edited January 21, 2024 2:31PM

    @erscolo said:
    Time is only wasted on those that fall for these scams and get mad at other sellers who are legitimate. They are not worth your time. Thank you for reporting the scam though so that those with some semblance of intelligence will know to stay clear, and that the scammer gets shut down.

    So those that fall for these scams aren’t worth our time, but those with a semblance of intelligence, who will know to stay clear, are? That sounds backwards to me.

    Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    I just logged back into Facebook and this one popped up for a better price.

    This is the ad

    This is the website it takes you to.

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    Here is another one that just popped up for an even better price.

    This one is the seller with the ones that say DDllar. :D

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    One more and then I promise I will stop. :D

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    Sadly people do fall for these scams. :'(
    I get messages from people all the time asking if the coins are real.

  • tincuptincup Posts: 4,724 ✭✭✭✭✭

    Sad. But.... law enforcement seems to have no interest whatsovever to step in and take care of the situation. Appears everyone is on their own. Good luck to those who have little experience and want to purchase precious metals.

    The learning curve can be steep and costly.

    ----- kj
  • jmlanzafjmlanzaf Posts: 31,340 ✭✭✭✭✭

    @MFeld said:

    @erscolo said:
    Time is only wasted on those that fall for these scams and get mad at other sellers who are legitimate. They are not worth your time. Thank you for reporting the scam though so that those with some semblance of intelligence will know to stay clear, and that the scammer gets shut down.

    So those that fall for these scams aren’t worth our time, but those with a semblance of intelligence, who will know to stay clear, are? That sounds backwards to me.

    The problem is that the people who want to believe these things can't easily be swayed by reason. They just get mad at you and think YOU are running the scam when you try and tell them.

  • PerryHallPerryHall Posts: 45,209 ✭✭✭✭✭

    I wonder what you'll get---either nothing or a counterfeit. You certainly won't get an authentic coin.

    Worry is the interest you pay on a debt you may not owe.

  • jmlanzafjmlanzaf Posts: 31,340 ✭✭✭✭✭

    @PerryHall said:
    I wonder what you'll get---either nothing or a counterfeit. You certainly won't get an authentic coin.

    Not if they are selling multiples. If they are selling ONE at a ridiculously low price, you will usually get a real one. They are trading the coin for your contact information.

  • ifthevamzarockinifthevamzarockin Posts: 8,498 ✭✭✭✭✭

    @PerryHall said:
    I wonder what you'll get---either nothing or a counterfeit. You certainly won't get an authentic coin.

    @ifthevamzarockin said:
    Here is just one example of a coin you might receive from these sellers.
    Notice how it says DDllar.

  • jkrkjkrk Posts: 953 ✭✭✭✭✭

    For whatever it's worth...

    https://trustedrevie.ws/reviews/coinagefield.com

    Frequently Asked Questions

    Is coinagefield.com down?
    When we last checked on December 16, 2023, coinagefield.com was unreachable. Just because we cannot access the site may not mean that the site is closed. Please check.

    Is coinagefield.com legit or scam?
    The domain name was registered within 6 months. So it may not be a reliable website. Please do your personal research.
    When coinagefield.com started?
    Coinagefield.com domain name is registered on November 29, 2023 .

    From where coinagefield.com is operating?
    coinagefield.com's server located in Canada, Ontario, Toronto, America/Toronto, Cloudflare, Inc.

    This company does not currently have a business account, if you are the owner of the company, you can open a business account immediately.

  • jkrkjkrk Posts: 953 ✭✭✭✭✭
    edited January 22, 2024 1:18PM
  • vplite99vplite99 Posts: 1,172 ✭✭✭✭✭

    These silver scams are have been all over my Facebook feed for over a week.

    Vplite99
  • FrankcoinsFrankcoins Posts: 4,569 ✭✭✭

    Guess who will be blamed for non-delivery... David Hall would be out with guns and lawyers ablazing on damaging the reputation of PCGS . No press releases, no warnings on the pcgs.com website. There IS a news story that Back to the 80s silver eagle ultra broken "chase" coins with special labels will drop in "packs" with random packs containing an even more ultra rare labels.

    Frank Provasek - PCGS Authorized Dealer, Life Member ANA, Member TNA. www.frankcoins.com
  • vplite99vplite99 Posts: 1,172 ✭✭✭✭✭

    My Facebook feed has also been showing US postage stamps for sale at 50% off. Another blatant fraud.

    Vplite99
  • IkesTIkesT Posts: 2,374 ✭✭✭✭✭
    edited February 4, 2024 4:43PM

    @ifthevamzarockin said:
    I just logged back into Facebook and this one popped up for a better price.

    This is the ad

    Fake? :#Now what the hell am I going to buy for my baby!

  • Namvet69Namvet69 Posts: 8,602 ✭✭✭✭✭

    May a thousand fire ants invade their beds. Thanks for posting these scum.

    BST: endeavor1967, synchr, kliao, Outhaul, Donttellthewife, U1Chicago, ajaan, mCarney1173, SurfinHi, MWallace, Sandman70gt, mustanggt, Pittstate03, Lazybones, Walkerguy21D, coinandcurrency242 , thebigeng, Collectorcoins, JimTyler, USMarine6, Elkevvo, Coll3ctor, Yorkshireman, CUKevin, ranshdow, CoinHunter4, bennybravo, Centsearcher, braddick, Windycity, ZoidMeister, mirabela, JJM, RichURich, Bullsitter, jmski52

  • 124Spider124Spider Posts: 813 ✭✭✭✭✭

    I get those kinds of ads on my Facebook page all the time. I report them, and FB's standard reply is that the ad does not violate their advertising standards (which apparently means only that they pay FB's fees).

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