Rumor Control....Anyone heard this?
hamiltonjh
Posts: 1,140
The mint is selling the last of the Morgans. 3000 of them, at $19.95 each.
thats all I know. I looked on the mint website and found nothing and it sounds bogus to me....but....anyone heard that rumor?
thats all I know. I looked on the mint website and found nothing and it sounds bogus to me....but....anyone heard that rumor?
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Cameron Kiefer
Herb
I'm just wonderin if anyone else heard this
how can they get away with that?
from their site:
" Now, 126 years after they were first minted, comes this special release of ORIGINAL U.S. GOV'T MORGAN SILVER DOLLARS... some of the last surviving "Morgans" still in existence in all the world! Condition is mostly Brilliant Uncirculated to Fine. Our price of $19.90 each is guaranteed $10.05 lower than several leading national dealers. We invite you to compare and check numismatic source to see how prices may vary."
I'm gonna email then some questions and see what they have to say.
Toned Coins for sale @ tonedcointrader.com
Cameron Kiefer
<< <i> I wonder what the ratio of Fine Morgans sold compared to BU morgans >>
100%
The rest would be BU.
42/92
It's the last 3,000 - until a new shipment comes in next week.
Hurry, buy yours today before they are all gone
My posts viewed
since 8/1/6
I'll be interested to see if they even write back.
Got an auto response while I typed this out. Going to have to wait at least a week for a response:
Please note that my new email address is mbishop@ncmintmail.com.
Mail sent to mbishop@ncmintonline.com will not be delivered after August 27, 2004. Thank you for your cooperation.
I'm sure it did, if it included the melting or 12,000 unreleased Philadelphia dollars from 1895!
In fact, the rarest ones have sold for as much as $462,000.00! Due to volatile fluctuations in the precious metals market, price can be guaranteed @ $19.90 each for one week only!
Yes, that's right! You TOO may get an MS-67 1893-S! All for only $19.90! And this is because of volatility. Heck, good thing you didn't buy when silver was $600,000 per ounce, 'cause if we hit that, by golly, you have a $462,000 coin!
Increased demand and reduced supply has seen silver prices skyrocket as much as 106% in just the last few years.
Last few years? I don't recall seeing silver in the $3-$3.50 per ounce in recent years...
Desperados like Jesse James may have once stolen the very silver dollars you can acquire through this limited offering.
Jesse James was alive long enough to steal cleaned and damaged VF 1921-P Morgans?
Now, 126 years after they were first minted...
Because, of course, we're probably going to send you an 1878 rather than a 1921. Heck, because we're such nice guys, we'll throw in the CC mint mark, too!
Condition is mostly Brilliant Uncirculated to Fine. Note we say mostly within the range. If 51% are F-12 and the rest are G-4, this is a true statement, so deal with it!!
Our price of $19.90 each is guaranteed $10.05 lower than several leading national dealers.
Wow -- ten bucks less than Littleton. High praise, indeed.
Avoid disappointment and future regret by staking your claim to these valuable treasures from America's history today.
For future regret of a different kind -- seeing that your worn, possibly damaged 1921-P coin is worth about seven bucks.
How do these people sleep at night?
© 2004 National Collector's Mint, Inc.
8 Slater Street, Port Chester NY 10573
Phone: 1.800.452.4381 All rights reserved.
All tributes to original coins contain the "copy"
designation as mandated by federal law.
<< <i>How do these people sleep at night? >>
On a pile of ca$h
Al
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
<< <i>BTW, you notice in the ad that the BU morgans are cleaned? One had very visible hairlines from a cleaning. >>
If your smart enough when you sell it you would show the most beautiful, rarest, problem-free coin that you got. I bet they didn't even notice that it looks cleaned.
-YN Currently Collecting & Researching Colonial World Coins, Especially Spanish Coins, With a Great Interest in WWII Militaria.
My Ebay!
A few years ago there was a display at the old San Francisco mint. The government offered the coins for sale, and few collectors bought them only to find out that they were common dates and pretty junky. I think a lot of those coins were returned.
No, the government is not a player in the old silver dollar market, and it won't be unless they somehow acquire some more pieces.