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

YQQYQQ Posts: 3,340 ✭✭✭✭✭

just came across this FB ad...
what am I missing? Am willing to learn.
https://www.symupon.com/products/e-1?fbclid=IwAR3wEvTKgQtC81nenKpIESs3_b3GopAf9WrnHvUy8ek9LWXpRQzDkyUOCoY

Today is the first day of the rest of my life

Comments

  • astroratastrorat Posts: 9,221 ✭✭✭✭✭

    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.

    Numismatist Ordinaire
    See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
  • yspsalesyspsales Posts: 2,526 ✭✭✭✭✭
    edited March 11, 2021 2:12PM

    Sent him an email.

    He does have the hottest fashions at the best prices.

    Yall can have your Toner Tuesday thread and Random Friday thread.

    Thursday is internet troll day in my household.

    BST: KindaNewish (3/21/21), WQuarterFreddie (3/30/21), Meltdown (4/6/21), DBSTrader2 (5/5/21) AKA- unclemonkey on Blow Out

  • cmerlo1cmerlo1 Posts: 7,958 ✭✭✭✭✭

    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.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • CaptHenwayCaptHenway Posts: 32,720 ✭✭✭✭✭

    I'm sure that Santa Claus will be happy to deliver your merchandise!

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    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!"

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • airplanenutairplanenut Posts: 22,384 ✭✭✭✭✭

    @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.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • cmerlo1cmerlo1 Posts: 7,958 ✭✭✭✭✭

    @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.

    You Suck! Awarded 6/2008- 1901-O Micro O Morgan, 8/2008- 1878 VAM-123 Morgan, 9/2022 1888-O VAM-1B3 H8 Morgan | Senior Regional Representative- ANACS Coin Grading. Posted opinions on coins are my own, and are not an official ANACS opinion.
  • KurisuKurisu Posts: 2,056 ✭✭✭✭✭

    Would this be another secret domain right from Alibaba?!

    Coins are Neato!

    "If it's a penny for your thoughts and you put in your two cents worth, then someone...somewhere...is making a penny." - Steven Wright

  • vplite99vplite99 Posts: 1,367 ✭✭✭✭✭

    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.

    Vplite99
  • LanceNewmanOCCLanceNewmanOCC Posts: 19,999 ✭✭✭✭✭

    iirc

    there was another ad of this type posted in the past month? or so and it stipulated that the coins were not .999 although posting images of ASE or something similar.

    <--- look what's behind the mask! - cool link 1/NO ~ 2/NNP ~ 3/NNC ~ 4/CF ~ 5/PG ~ 6/Cert ~ 7/NGC 7a/NGC pop~ 8/NGCF ~ 9/HA archives ~ 10/PM ~ 11/NM ~ 12/ANACS cert ~ 13/ANACS pop - report fakes 1/ACEF ~ report fakes/thefts 1/NCIS - Numi-Classes SS ~ Bass ~ Transcribed Docs NNP - clashed coins - error training - V V mm styles -

  • WAYNEASWAYNEAS Posts: 7,005 ✭✭✭✭✭

    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. :s
    These are replicas made in some other non value material. Can you say: Plastic, Mylar, Carboard, Lead or Hardened Shi*.
    Wayne

    Kennedys are my quest...

  • YQQYQQ Posts: 3,340 ✭✭✭✭✭
    edited March 11, 2021 7:10PM

    ok people
    the ad shows "coins" items suggested to be graded by our host!!!!
    I have not checked the #'s
    but the big question is: how to react and get these shysters out of business.
    I am in Canada, so I can not go to the authorities...???
    I think, some of you are legal beagles???? what is the verdict??

    Today is the first day of the rest of my life
  • airplanenutairplanenut Posts: 22,384 ✭✭✭✭✭

    @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.

    JK Coin Photography - eBay Consignments | High Quality Photos | LOW Prices | 20% of Consignment Proceeds Go to Pancreatic Cancer Research
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    That is beyond 'fishy'... It is outright fraud..... No chance anyone will get real ASE's from that source. Run Forrest Run... Cheers, RickO

  • heavymetalheavymetal Posts: 630 ✭✭✭✭

    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.

  • WAYNEASWAYNEAS Posts: 7,005 ✭✭✭✭✭

    @YQQ said:
    ok people
    the ad shows "coins" items suggested to be graded by our host!!!!
    I have not checked the #'s
    but the big question is: how to react and get these shysters out of business.
    I am in Canada, so I can not go to the authorities...???
    I think, some of you are legal beagles???? what is the verdict??

    On FB when you see these ads, click on the 3 dots (...) located above and to the right of the ad, then report the ad as misleading or scam. Fb will investigate and then remove the company from advertising if they agree. The more people report it the faster it will be taken down.
    Wayne

    Kennedys are my quest...

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