Blatant Counterfeit Morgans: Paynev

Discussion in 'US Coins Forum' started by GeorgeM, Jun 3, 2020.

  1. GeorgeM

    GeorgeM Well-Known Member

    Got a Facebook ad today that left me rolling my eyes. Morgans for $9.99 each - you pick the date! In "good" condition that sure looks like ms63 or better. Order in bulk for discounts (even though their melt value is over $13 right now).

    Would an order of 500 even put a dent in this kind of operation after I receive the fakes and challenge the charge?

    Screenshot_20200603-210335_Facebook.jpg Screenshot_20200603-211124_Chrome.jpg Screenshot_20200603-211307_Facebook.jpg Screenshot_20200603-211323_Facebook.jpg Screenshot_20200603-211534_Facebook.jpg
     
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    to hide this ad.
  3. BlackberryPie

    BlackberryPie I like pie

    Look at their contact info. Lol
     
    Evan Saltis likes this.
  4. GeorgeM

    GeorgeM Well-Known Member

    Here's where they run afoul of any possible defense that they're not intentionally misleading buyers: "Issued a face value of $1 (USD) by the United States government."
     
    TypeCoin971793 likes this.
  5. fretboard

    fretboard Defender of Old Coinage!

    That's crazy! Not worth your time. :singing:
     
    harrync likes this.
  6. Santinidollar

    Santinidollar Supporter! Supporter

    They’ll probably sell plenty — to those planning to pawn them off as genuine.
     
    GeorgeM and Penna_Boy like this.
  7. messydesk

    messydesk Well-Known Member

    Not dignifying their sales with a click. Chinese, I assume?
     
    GeorgeM and Inspector43 like this.
  8. TypeCoin971793

    TypeCoin971793 Just a random nobody who doesn’t know anything...

    @Jack D. Young you think you can convince your Secret Service friends to “persuade” Facebook to ban these ads
     
    GeorgeM likes this.
  9. johnmilton

    johnmilton Well-Known Member

    Collectors know that old silver dollars melt for more than $9.99. Unfortunately the general public often does not.
     
    GeorgeM likes this.
  10. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Not even looking. They defile the art of Morgan collection. Since the series is one of the most popular, it stands to reason that counterfeiters would have a field day.
     
    GeorgeM likes this.
  11. goombanj

    goombanj Member

    PT Barnum said it years ago. "There is a sucker born ever minute".
     
    GeorgeM likes this.
  12. Mountain Man

    Mountain Man Well-Known Member

    These offers are on Facebook daily, all with different sellers. My theory is that the sellers have nothing to do with the coins and get paid for how many places they can post the ad and how many purchases are made from that ad. One manufacturer outlet, all in China.
     
    GeorgeM and Kentucky like this.
  13. They have this strange clause on their sale page
     
    GeorgeM likes this.
  14. manny9655

    manny9655 Member

    It doesn't even look real. What a rip off to an unsuspecting person.
     
    GeorgeM likes this.
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