Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
US Coins Forum
>
Someone says I sold them a counterfeit. Are they right?
>
Reply to Thread
Message:
<p>[QUOTE="harrync, post: 4859315, member: 58588"]Back in the late 60's, I was buying $20's at the going price pf $40 each, so there was a potential profit of $5/coin. Five dollars was a not insignificant sum in 1960's Lebanon. In the 1979 Hunt Brothers silver run-up, gold went along for the ride and I was selling them a half dozen at a time to a major dealer at $600 each. One day he says two of that last bunch were fake; I offer to take them back. He says, too late, they are already in the melting pot, they were full weight and fineness so no problem. They were melting just about everything at that time. He had a box of miscellaneous silver for sale at spot. After a week, anything that didn't sell went off to the refiner. i saved a George Jensen serving spoon and a SF mint stamped 20 oz bar from the melting pot.[/QUOTE]</p><p><br /></p>
[QUOTE="harrync, post: 4859315, member: 58588"]Back in the late 60's, I was buying $20's at the going price pf $40 each, so there was a potential profit of $5/coin. Five dollars was a not insignificant sum in 1960's Lebanon. In the 1979 Hunt Brothers silver run-up, gold went along for the ride and I was selling them a half dozen at a time to a major dealer at $600 each. One day he says two of that last bunch were fake; I offer to take them back. He says, too late, they are already in the melting pot, they were full weight and fineness so no problem. They were melting just about everything at that time. He had a box of miscellaneous silver for sale at spot. After a week, anything that didn't sell went off to the refiner. i saved a George Jensen serving spoon and a SF mint stamped 20 oz bar from the melting pot.[/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
>
Coin Forums
>
US Coins Forum
>
Someone says I sold them a counterfeit. Are they right?
>
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...