Sad or Laughable....your choice

A local auctioneer is having these "morgans" in an upcoming sale. Includes a 1880-CC MS70 lol

 

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I don't even know where to begin. LOL

MS70 Proof? .999 Silver? And it just looks friggen funny!

 

I guess it would be fun to take a magnet to that auction....

 

They are just worth Silver Bullion prices. NPG = No Possible Grade

 

Do you actually think they are silver?

 

My bet is more along the lines of chocolate coins

 

Sad or Laughable?

Most certainly the former!

 

Where do I sign up for the auction!:dead-horse:

 

They do have 'copy' on them, so they are worth 1 oz .999 silver value. Simple rounds.

 

I wouldn't touch those with ten gloves on. Unless they're selling those for 10 bucks each, then I would turn around and sell it for melt value.

 

Reminds me of a guys add I ran across on craigslist that said " I offer 10x Face on all pre 64 coins. "Don't sell to dealers, they will only destroy the history."

I sent him a rude email saying " How much money do you make by scamming the elderly." On wedensday we have the coin club meeting. He is a member. There might be an akward moment.

 

Well shame on him for scamming people then.

 

They're just silver bullion. I have a few myself, although as they're not special or limited by any means I'd never have them slabbed. Might be fun to watch the prices, or possibly just go educate the auction house as to what they actually are.

 

HA, HA, HA, that's all i can say.

 

My only concern is that they are not marked with the fineness or content. The "service" says they are 1 oz 999 fine silver, but the objects themselves don't.

 

It's immediately obvious that they are fake, but they should have had the word "COPY" as part of the design. NOTE: Some countries require the word "REPLICA". Unless the auctioneer informed everyone that they were copies before each auction, you might want to advise him that while it is not illegal to own a counterfeit coin, it is illegal to sell them.

Chris

 

The word COPY in in the field just to the left of the eagle between the wing and the wreath. The piece does appear to comply with the HPA.

 

OMG... I think it's mostly sad for the simple fact that there is some uneducated soul out there who will think he/she has hit the jackpot. Only to find out later on they were robbed!

 

...and he will have no one to blame but himself. The auctioneer should specify a bit more about these though.

 

The one label that actually makes it look like a real Morgan is the one that I have an issue with.