1895 P Morgan Dollar PCGS PR63

oh, what the heck...

http://chicago.craigslist.org/sox/clt/3416218270.html

Does anyone else want to take a shot? If it turns out to be real, I expect a cut of the profits.. : )

Located at the Illinois Indiana border, just South of Chicago.

 

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Bring the police. That's a good idea honestly. They can catch him for selling counterfeit goods, take the counterfeit and you can have done your part in upholding the hobby protection act. Simple as that.

 

professoinal guide says 47,000 at 63 and unless the guy who auctioned it was an idiot and did not go through a well fed auction house the last i have is a pf 68 95 at goldberg in sept 05 115k.if true take it and sell to make 45k or so at aucton.

 

I have to agree with the others. I find it most likely that since this coin sold just a couple of months ago the fake slabbers had easier access to the serial number and knocked off a fake slab. The guy knows it. If he obviously KNOWS the rarity, (hence the asking price), why wouldn't he KNOW how much its worth, and KNOW there are places coin owners can go to borrow large amounts of money on a coin short notice. Since we know he knows the value, we are assured he knows the rest, so the only reason he is selling cheap is he also KNOWS its a fake.

As an aside, I do not think I would wager $7500 that a LCS can always spot a fake slab. You would be taking a huge risk, since if it turned out fake you hadn't bought from them so they aren't liable. At least one or two of the latest fake slabs have been in dealer inventories, I think you are overestimating many dealers if you believe all of them could tell a fake slab from a real one. The fakes are getting better, and the huge downside to slabs is if a coin is slabbed its much harder to identify it as a fake. Hence, fake slabs make manufacturers of fake coins life easier.

 

Does the coin look like the one from PCGS? Meet in the police station, sounds like high risk item, there is a chance the seller might want to grab your money and run.

 

Thanks guys. He hasn't called me back yet. If he does call me tomorrow, I will call the police and see if they will come with me.

 

has to be fake, stolen or some scam.

 

If you take the blue pill you will answer the phone call, there will be a man offering 1895-P morgan dollar PCGS certified PR-63. You will then drive to a densely populated area which you feel safe. You will then see the man on the other end of the phone standing across parking lot, he is tall and much bigger than you. You then make eye contact and its official its him and as you close the distance you get that erie feeling something bad is going to happen. Just as you reach your hand out to introduce yourself he sucker punches you in the eye, your out cold while he steals your money and makes his getaway......

If you take the red pill your phone rings but your ready and have come to your senses and realize the deal is to good to be true. You also got that erie feeling that something bad was going to happen when he contacted you back and was denying simple requests for a safe and secure meeting place like a LCS. You take your phone out of your pocket and hit the Ignore button going about your way never experiencing the horrors of getting robbed.

 

But it doesn't matter anyway because we're all just floating around in embryonic fluid filled tubs acting as batteries for robots.

 

Absolutely.....

 

There is something seriously wrong with this guys story. Anyone selling something from $7,500 should have no problem authenticating what they're selling. If you do meet this guy you should only meet him in the coin shop. It's not a bad idea to bring a friend along to just stand near by and appear as another customer in the shop. That friend can also hold your cash until the coin is verified as real. Let this guy know ahead of time that you won't have cash on you when you meet him. Certainly don't bring a firearm to a situation that you think has a high possibility of turning bad. If you know a situation has a high chance of turning violent it is best to take precautions to prevent it or minimize it rather then firing a gun in a public place. That can turn out bad for you or innocent people near by.

 

Thanks for the advice, guys! I won't have any cash on me, if I go meet him. Will make sure to only meet him in one of the bigger coin shops in the Chicago area, so I can get the coin authenticated. I think you guys are a little too paranoid. He won't be able to do much if I don't have any cash with me and if I meet him in a very public place.

He didn't call me back today, so clearly he doesn't want me to have time to verify the authenticity of the coin. Now that I think back to our conversation, he did say that a friend of his has another coin that he has a $40,000 offer on. Apparently, the buyer has not yet come up with the money. I asked what coin it was and he said it was a dollar coin. I'm guessing an early FAKE dollar. I said I'd be interested in that one as well if he can give me more information...

Nothing yet. Will update if I ever hear back from him... Thanks for all your wonderful suggestions!

 

with all the killings in chicago you may want to use your money for body armor instead and it should hold its value very well considering where you live.

 

I think it would be a big mistake meeting him anywhere without the police on hand, and his comment about having a $40K offer on another coin is just BS to throw you off guard.

Chris

 

You would be suprised at the mental state of some individuals, and the extent of damage they'll do for no reason.

 

If he doesn't call you back you could always call the police department and atleast refer the information to a detective, after all this guy has two different coins valued at $40,000 that he wants to sell real cheap real fast.

 

The other incongruity is that if it was put up as collateral on a loan, the current owner would be an idiot if he didn't research the coin before accepting, and thus would know the approximate value, which isn't what he is asking.

 

Scary, hope it turns out good.

 

I've been following this guy's activity for a bit and thought I should give an update here.

He didn't want to meet me at a coin shop, so I turned down his offer. Didn't want to provide any pics either.

A few days later, he posted on Craigslist with another story. He claimed the coin was sitting in a safe for 30+ years and was ungraded. He then listed the coin on ebay. Took a closer look and it was likely an 1885 with the "8" manipulated. Someone on Ebay complained and they took down his listing. I will be sure to flag him on CL if he posts again.

 

First Crookslist then SleazeBay. What is the world coming to?

Chris