Log in or Sign up
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
Newb here, am I getting screwed?
>
Reply to Thread
Message:
<p>[QUOTE="dcramer16, post: 1204575, member: 31638"]I've been interested in collecting coins for a long time, and finally have extra money to play with and am able to buy coins. I found an online auction the other day that has prices that seem way way to good to be true. I know absolutely nothing what-so-ever, at all, zero, ziltch, about coins. But I do know if something seems too good to be true, it usually is. So anyways, I decided to buy a few coins, and thought I'd start out with a few Morgan Silver Dollars. </p><p><br /></p><p>The first one I bid on was:</p><p>***Featured*** 1885-O Morgan Silver Dollar Certified MS-67 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $2300.00+!!! Coin came out of Estate Bank Safe!!! </p><p>I bid $50 on this. I'm not going to go any higher, because if it is a scam and too good to be true, it is at least worth $30, and might make it up to $50 some day.</p><p><br /></p><p>The second one I bid on was:</p><p>***Featured*** 1880-O Morgan Silver Dollar Certified MS-65 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $15,900.00+!!! Serial #660065880.05087. </p><p>Again, the highest I'm willing to go until I know any better is $50. I can't believe that a $15k coin would be auctioned off at this low price, so sounds to good to be true.</p><p><br /></p><p>The third:</p><p>***Featured*** 1882-CC Morgan Silver Dollar Certified MS-66 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $1,850.00+!!! </p><p><br /></p><p>The fourth:</p><p>***Featured*** 1882-O Morgan Silver Dollar Certified MS-66 by NPG *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $9700.00+!!! Serial #CCXV.664. </p><p>Now this fourth one I have a picture of. The others don't have a pic with them. I've attached a pic of this fourth coin allegedly worth $9700</p><p><br /></p><p>So I know nothing at all about coins, about all I know is there are different grading companies and different grades, and the value is based on the grade of coin. But these seem too good to be true. What do you think? Am I getting screwed?</p><p><br /></p><p>[ATTACH]127144.vB[/ATTACH][ATTACH]127145.vB[/ATTACH][/QUOTE]</p><p><br /></p>
[QUOTE="dcramer16, post: 1204575, member: 31638"]I've been interested in collecting coins for a long time, and finally have extra money to play with and am able to buy coins. I found an online auction the other day that has prices that seem way way to good to be true. I know absolutely nothing what-so-ever, at all, zero, ziltch, about coins. But I do know if something seems too good to be true, it usually is. So anyways, I decided to buy a few coins, and thought I'd start out with a few Morgan Silver Dollars. The first one I bid on was: ***Featured*** 1885-O Morgan Silver Dollar Certified MS-67 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $2300.00+!!! Coin came out of Estate Bank Safe!!! I bid $50 on this. I'm not going to go any higher, because if it is a scam and too good to be true, it is at least worth $30, and might make it up to $50 some day. The second one I bid on was: ***Featured*** 1880-O Morgan Silver Dollar Certified MS-65 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $15,900.00+!!! Serial #660065880.05087. Again, the highest I'm willing to go until I know any better is $50. I can't believe that a $15k coin would be auctioned off at this low price, so sounds to good to be true. The third: ***Featured*** 1882-CC Morgan Silver Dollar Certified MS-66 by SGS and comes with a Certificate of Authenticity *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $1,850.00+!!! The fourth: ***Featured*** 1882-O Morgan Silver Dollar Certified MS-66 by NPG *EXTREMELY RARE HIGH GRADE*!! Estimated RED BOOK Value is $9700.00+!!! Serial #CCXV.664. Now this fourth one I have a picture of. The others don't have a pic with them. I've attached a pic of this fourth coin allegedly worth $9700 So I know nothing at all about coins, about all I know is there are different grading companies and different grades, and the value is based on the grade of coin. But these seem too good to be true. What do you think? Am I getting screwed? [ATTACH]127144.vB[/ATTACH][ATTACH]127145.vB[/ATTACH][/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
CoinTalk
>
What's it Worth
>
Newb here, am I getting screwed?
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...