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Wow! Get Your 1921 Morgans For Just $29.99! (Plus S/H)

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Author Previous TopicReplies: 17 / Views: 3,313Next Topic Page 2 of 2
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 Posted 05/31/2015  2:55 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list
I've received this mailing, too. XF/AU 1921 Morgans (most likely what you'll receive from the mail order huckster) can be purchased at one of my local coin dealers for $20 any day of the week (they're in the cull bin, plus no sales tax here). On the other hand, one of the TV coin shows promotes "BU" 1921's at $49.95 + s&h, and they also make a big deal over the prospects for silver going back to $50 per oz. (or even higher). My perspective is that for the minimally sophisticated collector/speculator the $29.99 price point (which decreases with a larger quantity purchase) is neither a bargain nor totally outrageous given that there's at least assurance of authenticity.
Colligo ergo sum
Edited by Lucky Cuss
05/31/2015 2:58 pm
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 Posted 05/31/2015  7:44 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list
Such a deal! I'm ordering 20!

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 Posted 05/31/2015  9:39 pm  Show Profile   Bookmark this reply Add just carl to your friends list
I've been seeing adds like that on TV a lot lately. Someone must have billions and billions of them by the way those adds sound.
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 Posted 05/31/2015  9:42 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list

Quote:
Yeah, I'll just stick to ordering them from the add in the back of comic books.


There are snares out there much far worse than $29.99 1921's, these usually to be found in general merchandise catalogs. I'm thinking particularly of the "tribute" Morgans you'll see offered, silver plated copies that are an absolute, total waste of money. At least a genuine 1921 has some intrinsic value.
Colligo ergo sum
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 Posted 05/31/2015  9:58 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
Friend of mine from another forum pointed out the coin in their ad is a counterfeit. The obverse - dated 1878 - is the 1921-only design.
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 Posted 06/01/2015  06:26 am  Show Profile   Bookmark this reply Add jdiablo30 to your friends list
Now that you mention it dave...I see that huge chin!
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 Posted 06/01/2015  11:09 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
The Mona Lisa smile tells it all.
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 Posted 06/01/2015  11:58 am  Show Profile   Bookmark this reply Add denco7 to your friends list

Quote:
Yeah, I'll just stick to ordering them from the add in the back of comic books.


Or .... you can get one that is "guaranteed authentic" at HSN for $69.95 + $9.95 S&H.

Wow, $29.99 seems like a deal
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 Posted 06/01/2015  12:54 pm  Show Profile   Bookmark this reply Add barryg to your friends list

Quote:
"brilliant uncirculated to fine" condition.


Everything about this bugs me, but it's that little bit of linguistic legerdemain that really turns my stomach for some reason.
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 Posted 06/01/2015  3:04 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list
If this was Wikipedia, every one of their sentences would have a "citation needed" superscript.
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 Posted 06/01/2015  3:21 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
If this was Wikipedia, every one of their sentences would have a "citation needed" superscript.
[citation needed]

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 Posted 06/01/2015  7:45 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list

Quote:
Friend of mine from another forum pointed out the coin in their ad is a counterfeit. The obverse - dated 1878 - is the 1921-only design.


Possibly a photoshopped image? Not that such a practice is ideally what you want to see, but I don't think you can infer that the actual product will turn out to be bogus.

I'll disclose that some years back (long enough ago that the pricing was lower) I ordered a such a batch, if not from these exact folks, from somebody who was doing more or less the same sort of business, with the same kind of fuzzy condition disclaimer (then, there was a better deal with quantity, which in this particular case is not so). Anyway, what I received was mostly XF/AU, but only a couple were 1921's, actually. One of the 1878-1904's was actually low MS, and one was probably down in the high VF range. They were certainly all genuine, and none cleaned or damaged. So all in all based upon my experience, it wasn't any sort of blatant ripoff.
Colligo ergo sum
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 Posted 06/02/2015  3:52 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list
Let me figure out how many I want 20 + 4 / 4 x 17 - 38 x 0.
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 Posted 06/02/2015  5:27 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list

Quote:
Let me figure out how many I want 20 + 4 / 4 x 17 - 38 x 0.


So you want 37?

You seem to have forgotten your order of operations. should be:

(20 + (4 / 4 x 17) - 38) x 0 = 0
Edited by TypeCoin971793
06/02/2015 5:28 pm
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 Posted 06/02/2015  7:15 pm  Show Profile   Bookmark this reply Add Lucky Cuss to your friends list
I'd make one last remark - there are folks living in remote locales who don't have ready access to coin shops and their cull bins, and to get to such is not a cost or teouble free thing, so for those, while we might make snide remarks about the lack of value, roll the dice mail order deals like this probably are a reasonable alternative to a lot of ebay auctions for raw coins that are neither cheaper nor less hyped.
Colligo ergo sum
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