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Facebook Morgan Dollar groups
KDS
Posts: 4 ✭✭
Has anyone had a positive experience buying or selling a graded Morgan dollar from a Facebook group? There are so many groups to join; I was hoping someone could recommend a FB group that they find worthwhile and perhaps have had a successful transaction. It's unfortunate that there are scammers out there (and they are probably in most groups), and I wanted to get into some groups that are helpful and friendly and perhaps reputable (for lack of a better word).
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I have never had one come across my feed. But words cannot properly describe how unlikely it is that I would buy a coin from, or sell a coin to, a stranger on Facebook. Come to think of it, words would work fine--not a chance.
I only know of one group that is dedicated to Morgan dollars specifically, Buy/sell & Auction Morgan Silver Dollars. I have not spent much time in that group so I cannot comment on the people in the group or how well any selling/buying goes. But I have both bought and sold coins on a couple of FB groups. Its really no different than buying from the BST here, you have to do your due diligence when buying or selling be it here or on one of the FB groups.
I will say that I joined a few Lincoln cent groups and found most to be junk and scammers. A few of the coin groups that I have found to be mostly solid; virtual coin show, Pre33 gold, Vintage holders, CAC/CACG coins, and gold CACs only.
My Collection of Old Holders
Never a slave to one plastic brand will I ever be.
There are moderated groups that have good reputations.
All comments reflect the opinion of the author, even when irrefutably accurate.
I don't doubt that. But, like the wild west, the existence of a sheriff does not guarantee law and order. I'm risk averse, so I would not play there.