Saw this ad on eBay, and I am confused. Ok, the seller has sold 14 items, but this is unacceptable: http://cgi.ebay.com/1974-SILVER-DOL...61?pt=Coins_US_Individual&hash=item1c19df2ac1 It says 1974 SILVER dollar, but it has NO silver. I was jumping for joy, until I read this (I wrote in red): "1974 EISENHOWER SILVER DOLLAR, CIRCULATED (sounds good, huh), GREAT KIDS GIFT. 91.67% COPPER, THE NEXT SILVER (does it mean 8% silver, nope....) COPPER WILL BE VALUABLE, IN TIMES OF HIGH INFLATION. COPPER AT OR NEAR ALL TIME HIGHS. THIS IS ACTUAL PHOTO OF COIN YOU WILL RECEIVE. (This really sucks, it's for a circulated copper Ike, not a silver coin )"
Although they are clad people still call them silver dollars. It like people calling soft drinks Cokes or copies Xerox. Once a name sticks it is used by all, so how many times have you Googled something?
Oh yea, those are special Indian currency used only between neighboring chiefs to compensate indiscretion of certain males... Sacagwea Gold Dollars were produced by the U.S. Government to prevent war between tribes in a quote - unquote 'Romeo and Juliet' situation... Now you can own a piece of History yourself with a Sacagwea LOVE & WAR GOLD DOLLAR!!!
Just like Band-aids or Kleenex. I see nothing wrong with this ad. He's not deliberately deceiving anybody.
+1 Most people are very familiar with one specific name for each item, and that is word that they usually will use in a conversation. In this instance, the seller is most likely used to hearing and saying "silver dollar," even when it is just a plain one dollar coin.
Well, don't laugh all that hard. I sell circulated Ikes (stapled in a 2x2) at the local flea market for $3 each... and sell about thirty on a good day. Sacs and SBA's demand about $2 each. Most buyers are afraid to ask for them at the local bank (or unaware of their availability), so instead of paying face, they pay me a slight premium. I always tell them there's no silver (or gold) in these coins, but they buy them anyway.
You are reading it incorrectly..... He is saying that copper is the "next" silver. In other words, copper will be hoarded and rise in price just like silver did. Kind of like Green is this year's pink. And, FYI, these are commonly called "silver dollars" though there is no silver in them. I called them that all the time as a kid when they circulated.
The name Silver Dollar was because they contained silver in them as far back as the beginning of the U.S. Mint. It stuck with dollar coins up until 1978 the last year of the dollar coin until the SBAs release in 1979. When the SBAs came out, I hardly heard anyone younger than 35 calling them silver dollars, we all called them Susan B. Anthonys.
I'm not saying that I call Kleenex facial tissues, but when there were TWO versions made (copper-nickel and silver), I am confused when he says that a copper one is a silver one. It's not like there was only one type made like always, then that wouldn't be a big issue. I collect coins, and I call them silver dollars too.
To most people that are aware of them they will always be silver dollars unless they change the color. The color is still silver although the content isn't.
Not me, that's for sure. It wasn't I don't want others to think that, it's myself who was almost tricked.
If it will help in the future, the only "IKE's" (That's what I call them BTW) that have Silver are 'S' minted... But be carefull, they made both Clad & Silver Proof Ike's, but all the S minted B.U's where Silver... NO Silver B.U.'s or Silver Proofs in 77 and 78... That leaves you with; 71-76 Proof 40% Silver 71-76 B.U. 40% Silver (Although no 1975 dated Ike exist, the 1975 Proof set contained a Bi-Centennial 1976 Ike) Ike's are fun to collect, and I highly recommend a Date/Mint/Proof Dansco. If your a smart shopper, you can fill one with high grades for around 250 or so... 1973 being the 'KeyDate' btw... BTW2: I agree with you 100% jcakcoin!
baffled? How about the 40$ JFK that closed at $14.05 [plus shipping] only 40 X face! A real deal when it has (currently) 10.62X face in silver= $5.31. or the junk silver that he is listing at only 40X face [$3 for $119.97] ?
