<< <i>Another successful scam...$356.00 for a silver round.... ebay link >>
That's not even a real silver round. It isn't solid silver. Only a mere 100 mil. 1 mil is one thousandth of an inch. So 100 mil is 0.10 inch silver thickness (depth). The rest is regular nonprecious alloys.
<< <i>I dont collect morgans but it says 100 mil? Thats Plated isnt it? Whats it doing in a GSA holder? Or am I getting those mixed up? Learn me a bit here
PURPLE >>
It's not a GSA holder... just looks similar to a GSA holder...
OK. To an extent, I say, yes, this person is a scammer. However, why is the seller to blame? If you're going to spend $350 on a "proof" Morgan, you owe it to yourself to do some homework.
1. The packaging looks deceptively like a GSA Morgan. But still, it says "100 Mil Proof," not "Silver Dollar" or "Uncirculated Silver Dollar." I don't even collect these (I have 0 GSA Morgans) and I know that.
2. The seller makes no representation about the coin. Just says "not shown or shopped." Of course not. It's worth $10. Why shop it?
3. What's that saying about a money, a fool, and something else? Whatever...
The buyer was greedy, thought they were getting a steal. Isn't there another saying about Santa Claus in numismatics?
All that said, the red flag of a private auction is enough for me not to bid.
Comments
<< <i>Another successful scam...$356.00 for a silver round....
ebay link >>
That's not even a real silver round. It isn't solid silver. Only a mere 100 mil. 1 mil is one thousandth of an inch. So 100 mil is 0.10 inch silver thickness (depth). The rest is regular nonprecious alloys.
It says so on the coin.
PURPLE
<< <i>I dont collect morgans but it says 100 mil? Thats Plated isnt it? Whats it doing in a GSA holder? Or am I getting those mixed up? Learn me a bit here
PURPLE >>
It's not a GSA holder... just looks similar to a GSA holder...
42/92
1. The packaging looks deceptively like a GSA Morgan. But still, it says "100 Mil Proof," not "Silver Dollar" or "Uncirculated Silver Dollar." I don't even collect these (I have 0 GSA Morgans) and I know that.
2. The seller makes no representation about the coin. Just says "not shown or shopped." Of course not. It's worth $10. Why shop it?
3. What's that saying about a money, a fool, and something else? Whatever...
The buyer was greedy, thought they were getting a steal. Isn't there another saying about Santa Claus in numismatics?
All that said, the red flag of a private auction is enough for me not to bid.