A guy locally has these for sale, he wants 500 for the lot or best offer. I know I shouldn't be posting because everything says if its too good to be true....... the pics is the only one available. There is no way this can be right! Indian head is the 1877, 1802 dollar, 1893s dollar and a fugio cent
If these are fakes and he is selling them in the US I am assuming he could really have it coming. Who would you report this to?
I am in no way or fashion touching these. I actually laughed when I saw them (the morgan atleast). I asked him for pictures when he gets off work. I would like to see if these are marked counterfeit on the flip side
There is no possible way they could be. Hes giving me the "my fathers a 30yr collector, and im selling some of his collection off" story. Hes about 25minutes away but I dont think i would waste the gas to even look at them.
Ok. That 1802 dollar has a 99.99999999999999999999999999999999% chace of being fake. Wrong lettering and same color as coins from the no-no site.
How much faith would you place in the word of the guy selling poor counterfeits? If willing to sell you fakes, he's probably willing to lie about returns as well. This is why you look at what is there, seeing only what is there and not what you want to. Desperation and ignorance are a scary combination.
Fakes and the guy selling knows it. Scammers often use the low price point to get people caught up in the excitement emotionally of scoring a great deal. This tends to lower peoples guard on being logical and vigilant and the scammers know it. Just for some giggles ask him if he'd meet and complete the sale at a local USPS office where you will pay with a postal money order for the amount after verifying his ID. Explain this is a means of protecting yourself if the coins turn out to be fake as well as protecting him as they have cameras everywhere. I'd be willing to bet you don't here back.
Now thats a great idea! I am going to wait for his pictures to come in and see if they are labeled properly. This is an a website called OfferUp, and his listings are pretty random. This is the only numismatic listing he has which is why it seemed fishy in the first place. Nowadays it would be tough to find some of these coins not in slabs.
We don't know that it is.... but we do know that it isn't. Even in the poor photo, the date position is clear enough to state, as absolute fact, that it is not a 93-S, and this is aside from the fact that the overall appearance screams fake.
By "no-no site", I assume you mean Alibaba? It's okay to say the name... it's not as if it's a secret, and perhaps if more understood just how easy it is to acquire such poor fakes, people wouldn't fall for such sucker bait offerings nearly as often as they do. Blissskr hit the nail on the head as to why this type of thing, as opposed to quality/deceptive counterfeits, can be so dangerous; the almighty deal. Unfortunately, there are a lot of people out there with just enough knowledge to be a danger to themselves. They know that certain dates can be very valuable, and that draw of easy money can be more than they can intelligently cope with. Knowledge is the key here, so even if only one person sees for themselves just how easily acquired such junk really is, and it stops just one stupid move, it's win for the hobby imo.
Of course I agree with everyone here about red flagging this one. But...I was able to score a comic collection worth at least $5K for $500 a year ago. Not all are too good to be true. This one on the other hand....
Scammer play off of every ones greed of thing they are getting something for nothing. Just like the Nigerian email scam.
