My get rich quick plan for 2009

timber100 · February 6, 2009 11:20AM

While looking for a coin paperweight my son found this web site for promotional items that will sell Morgan’s in plastic for various prices depending on how many you buy. The minimum is #150 at $4.00. He decided that we could buy 150 for $600, cut them out and sell for melt at around $10 for a quick profit of $900! I have to give him credit for a young guy he came up with quite a plan. I have a band saw, all we need is a money man backer. Who wants in, we could retire to the beach in a year or two. The Morgan looks real to me.

linky

lasvegasteddy · February 6, 2009 11:26AM

good luck on it be a real silver dollar at that price

stranger things have happened but chances are...

66Tbird · February 6, 2009 11:30AM

If the Morgan is real its an interesting plan. Seems to good to be true, I'll pass. Thanks, for entering me in the giveaway

commoncents123 · February 6, 2009 11:37AM

If those are real Morgan dollars (which they're not), then they are guilty of deceptive advertising

Musky1011 · February 6, 2009 11:40AM

you can buy a sample one and have it delivered for $19.00 total

That way you could find out if they are real coins

Before you spend $600

cinman14 · February 6, 2009 11:54AM

Let's see what their response is to my email asking if they are authentic....

AUandAG · February 6, 2009 12:07PM

They have a toll free number at the very end of the page....just give them a call. I'm surmising that
they are manufactured in China and have fake dollars.
bob

rbf · February 6, 2009 12:17PM

A non-collector friend of mine has a Franklin half encased in one of those things... it looks like it would be next to impossible to get out. Perhaps one could freeze it with dry ice / liquid nitrogen and smash it with a hammer?

Billet7 · February 6, 2009 12:21PM

I'm a skeptic...if they are real, I'll do it...but I doubt it.

jdimmick · February 6, 2009 12:34PM

You can melt it out. I burned out a few silver coins from those toilet seats this past year. Got them at a show for 1/2 of melt becuase no one could figure out a way to get them out. I lit it a fire and it literally burned completely to nothing leaving the silver laying on the ground. I simply picked it up washed off the smut and put it in the 90% bag.

Jim

notwilight · February 6, 2009 12:42PM

I have one suspended horizontal in a hemispherical magnifying paperweight that I got as a gift many years ago and it is real. --Jerry

rbf · February 6, 2009 12:42PM

<< You can melt it out. >>

That should work too. However I can only imagine how many toxic fumes would be released into the atmosphere, especially if you're melting a few hundred of them at a time. Certainly not something you'd want to do indoors!

stockwiz · February 6, 2009 12:46PM

if it seems to good to be true, it probably is.

Tomohawk · February 6, 2009 12:49PM

Is it bad form to volunteer to order one? Seems like to-good-to-be-true, but I could use a gift...

InTheRaw · February 6, 2009 12:54PM

I will buy all they have if they are real...

They say buy 2500 + for $2.81 each...!!

I will "oyster shuck" those babies outta there .......

PutTogether · February 6, 2009 1:19PM

I hereby commit to buying all the coins you can rip out of there for $10/each.

Edited to add: IF they are real.

timber100 · February 6, 2009 2:50PM

When I started this thread it was only joking around knowing that the Morgans could not possibly be real. After reading some of the posts it made me think about what was being advertised and the legalities of it. As they do not state the coin is a copy, what would happen if you bought them on good faith thinking they were real? If the coin is fake and not marked as such, counterfeiting? What say the lawyers?

rbf · February 6, 2009 4:09PM

Based on my calculations, I think the product is way too light to contain a real Morgan...

I compared these 2 products, both of which are resin, appear to be of the same thickness, and presumably made by the same manufacturer:

Morgan resin paperweight
Size: 2.75" x 2.75" = 7.5625 sq. inches
Weight: 200 pcs = 61 lbs. ~ 0.305 lb/ea = 4.88 oz.
= Approx. 0.645 oz per square inch

Empty resin paperweight
Size: 3.0" x 1.5" = 4.5 sq. inches
Weight: 150 pcs = 30 lbs. ~ 0.2 lb/ea = 3.2 oz.
= Approx. 0.711 oz per square inch

Logically, the paperweight with the Morgan inside should weigh more relative to the empty one, but that doesn't seem to be the case. My guess is the "Morgan" dollar coin inside is really just an aluminum copy

Bear · February 6, 2009 6:57PM

I will tell you how to double your money

with absolute safety. Take the money out

of your pocket. Now, fold it in half and put it

back in your pocket.

itsnotjustme · February 6, 2009 9:28PM

Silly ol' bear, that doesn't work.

What you can do is take a stack of 8 bills. Unface then so they are mixed up directions. take the 3rd and 5th from the stack, fold each in half, then put back in place with the folded bills on the end away from your body. Buy an item for 9.99 dollars. Hold the stack out to the gulible vendor, with a solid grip at the center of the stack. Carefully count 1 2 3 4 5 6 7 8 9 10, and presnt the stack to the vendor. Tell vendor, keep the change. Take items. Make your way away from vendor, sneaking glances back to be sure vendor is not in pursuit. Run like hell when you see puzzled look on vendors face.

Tomohawk · February 6, 2009 9:52PM

I'm sure they are fake...but I was curious to see. I mean, if you're going to copy a Morgan, why not at least copy a beautiful one? Why use a nasty looking version as a copy?

My prediction (with 99.9999% certainty): They're fake (I know, most of you are "Duh!"). But heck, stranger things have happened...besides, it will be my first "Morgan"...

Res · February 6, 2009 10:33PM

If they're not real, call your credit card company and they will reverse the charges.

timber100 · February 7, 2009 1:31AM

<< I'm sure they are fake...but I was curious to see. I mean, if you're going to copy a Morgan, why not at least copy a beautiful one? Why use a nasty looking version as a copy?

My prediction (with 99.9999% certainty): They're fake (I know, most of you are "Duh!"). But heck, stranger things have happened...besides, it will be my first "Morgan"... >>

If they are real, please send me a private PM so I can get a few before they sell out. That is if you dont buy them all!!

MrSpud · February 7, 2009 2:03AM

Maybe it says "COPY" on the reverse, or even better, maybe they will stamp the name of the company you are promoting on the reverse instead of United States of America. It would make a great promotional item for a coin dealer.

astrorat · February 7, 2009 2:12AM

There is NO way these are real coins. Even if they sell you a sample with a real Morgan dollar just to suck you in...you will get copies in the paperweights. Notice the lack of descriptors such as United States, silver, genuine, real, etc.

I thought there was a small chance this may have been some liquidator who may not have known what they had and was just flipping a finished product, but they quote a production time of 4 days. This means that have to make them and in turn, means they have the "Morgan dollars" already in hand. Unless they picked up a huge stash of real Morgan dollars for near face value and are too idiotic to realize the real value (since they are selling 2500+ for $2.81 each as paperweights), they have to be replicas.

I have read (and I forget where) that Chinese stuck copies of Morgan dollars in quantity can be purchased in the $1-2 range.

This is not too good to be true...it's just a carefully crafted advertisement meant to mislead.

Lane

RedTiger · February 7, 2009 3:02AM

<< Maybe it says "COPY" on the reverse, or even better, maybe they will stamp the name of the company you are promoting on the reverse instead of United States of America. It would make a great promotional item for a coin dealer. >>

At $4 in quantity, the item is cheaper and more relevant than a mouse pad or some other promo items. Even a calendar is likely going to cost more than $4, and that calendar gets tossed in a year. The down side, is some coin dealers will wince at promoting their business with Chinese made fakes, even if they are encased in lucite.

Coll3ctor · February 7, 2009 3:07AM

You would have one hell of a time getting those out of there.

TwoSides2aCoin · February 7, 2009 3:21AM

Rich Quick ?
That usually leaves many a lot poorer.

Delorean · February 7, 2009 5:45AM

Whatever they are, you have a very business minded Son!!

tahoe98 · February 7, 2009 6:01AM

<< I will tell you how to double your money

with absolute safety. Take the money out

of your pocket. Now, fold it in half and put it

back in your pocket. >>

...............

fc · February 7, 2009 8:04AM

i would guess you have to send them morgan dollars and they encase
it.

slinc · February 7, 2009 9:29AM

they don't even bother saying they are real so obviously they are not.

PutTogether · February 7, 2009 9:36AM

<< Whatever they are, you have a very business minded Son!!

>>

This is true. The kid's mind is turning in the right direction. Do what you can to foster that. Tell him a stranger from the internet thought his idea was great and I predict he will be a successful business person some day.

My get rich quick plan for 2009

Comments

Leave a Comment