What is "fishy" with this FB ad? or am I missing something?

Really? What seems fishy?

Looks like they are trying to move their inventory by reducing the price by $6 each. Then, buy in quantity and take a further discount.

The old adage applies here: "If it sounds too good to be true, it is."

Notice it doesn't say 'silver' anywhere.

No one in their right mind would be selling genuine silver eagles for that price.

Also, mixed in with the photos of genuine eagles in PCGS slabs and mint packaging is one of a fake 2021. That is most likely what you'll be getting:

Note the lack of detail and the 'line drawing' appearance of the Liberty figure.

see this type of stuff via ads on FB and its related sites/apps etc.

be careful, be thorough although the price is the biggest red flag.

there is a VERY small chance that some business take losses just to draw in new customers but virtually all of these that i see, once you look deeper, scream "stay away!"

@airplanenut said:

@cmerlo1 said:
The old adage applies here: "If it sounds too good to be true, it is."

Notice it doesn't say 'silver' anywhere.

It does say SILVER right there on the coin in the photo. It also says "The individual face values of $1 (USD) are fully backed by the US government," of which there is only one coins that meets that description that is also an American Eagle.

I was referring to the ad text- it refers to the coins as 'American Eagles' and describes them as '99.9% purity' without saying what is 99.9% pure. I think they are referring to the pot metal the eagles they are going to send you are made of. There is only an obverse photo of the fake 2021.

I am amazed by the fraudulent ads on Facebook. I "bought" sandals trough an ad that appeared a couple of days. The price appeared to be too good to be true and it was.

My Costco Visa reversed the transaction. Don't expect any help from Facebook.

What is being shown is not what they are selling.
Get your greedy heads out of your a**es
I still have a guaranteed bridge for sale in NY and
will provide pics upon request of the bridges authenticity. LOL
A scam is always a scam.
These are replicas made in some other non value material. Can you say: Plastic, Mylar, Carboard, Lead or Hardened Shi*.
Wayne

@cmerlo1 said:

@airplanenut said:

@cmerlo1 said:
The old adage applies here: "If it sounds too good to be true, it is."

Notice it doesn't say 'silver' anywhere.

It does say SILVER right there on the coin in the photo. It also says "The individual face values of $1 (USD) are fully backed by the US government," of which there is only one coins that meets that description that is also an American Eagle.

I was referring to the ad text- it refers to the coins as 'American Eagles' and describes them as '99.9% purity' without saying what is 99.9% pure. I think they are referring to the pot metal the eagles they are going to send you are made of. There is only an obverse photo of the fake 2021.

Yes, I agree with that, and I don't mean to imply I think they're on the up and up. I'm just saying that if you take everything in context--the verbiage and the photos--it's clear that they're advertising silver eagle, and if someone went after them (credit card chargeback or the like) they'd never stand a chance of winning. But of course they're going to send counterfeit junk.

The real shame of these marketers is what they do to unsuspecting novice or new collectors. The folks on this board are some of the most knowledgeable coin collectors in the world with the experience to recognize these scams. The average people running across these sites on FB not so much. Nothing will turn somebody off of the coin collecting hobby faster than paying good money for something that turns out to be virtually worthless when you need or want the proceeds from your “ investment.” I also think that the 3rd Party Grading Companies that have their company names “connected “ to these scam sites via these ads run risk of their reputations taking hits through no fault of their own. I’m amazed that there are so few consequences for blatantly false and possibly fraudulent activity being advertised so openly.