I saw the following posting on eBay. 1935 P PEACE DOLLAR SILVER US COIN $2,200@ MS67 BU ! The picture shows a coin that is rather beat-up. The description hypes the coin even more, saying that "The value of these Peace Dollars soars into the tens and hundreds of thousands of dollars in MS-67 or MS-68 grade! Can you imagine owning a coin valued at $125,000?" Then a disclaimer that "I'm not claiming that this coin grades MS-66....". Anyone carefully reading the listing would see the truth, but it bothers me that people use these tactics to attract customers. It's reminiscent of "You have already won $10,000,000 (if you have the winning number; but of course, you don't have the winning number........). I'd be interested in what people think the pictured coin is actually worth.
Since I've been window shopping there have been any number of these type of entries on that Internet Auction Community. My response to them is always the same...I'll bet you can guess what it is!
Its worse with ancients...contacted a lady the other day trying to sell copper late roman coins as gold After a long exchange she change it from GOLD to Might be GOLD...
I like how the seller's advice to potential buyers is 'bid high and bid often'. I guess if a scam has even a 0.01% chance of working, the internet is the best place to make it happen.
Absolutely. The cost of sales is so low. Send out 10 million spam for the marginal cost of about zero, snare one person who spends $100 (or gives up a password-- priceless) and you're ahead. On the other hand, "caveat emptor" goes back to the days when some of those ancients were actually circulating...!
It might be UNC, but it is quite "bag-marked". I don't care for such noticeable dings in the field, and especially not on the face.
