Pcs Morgan Offer - Coin Community Forum

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Author	Replies: 8 / Views: 1,694
jpsned Pillar of the Community United States 2207 Posts	Posted 02/07/2013 8:50 pm Today I received some junk mail from PCS Stamps & Coins. They're offering uncirculated Morgans. The pitch begins with this overinflated copy on glossy heavy stock: "Against all odds, PCS has uncovered a limited supply of genuine uncirculated Morgan dollars..." ... "Seize the moment by returning your Official Reservation Certificate within 14 days..." ... " Morgan silver dollars grow scarcer with each passing day, so we must hear from you soon." So you're not actually buying the coins, you're reserving them. But so what. The copy continues, "This is a rare opportunity to own 15 of these coveted coins, all more than 110 years old and in prized uncirculated condition." In addition, you get the coins mounted in "collector panels" along with mint-condition postage stamps (the 1994 "Legends of the West" series), as well as some other nostalgia. I hunted in vain for the price, as it was not evident. Finally, I found it: 15 uncirculated Morgans for $90 for $4.95 shipping. So. Once you get through all the hype, glitz, and silliness, it actually sounds like an incredible deal: 15 uncirculated Morgans for $6 each. I hunted for a catch and could not find one. Anyone care to comment? Edited by jpsned 02/07/2013 8:52 pm Report this Post to the Staff

SsuperDdave Moderator United States 23522 Posts	Posted 02/07/2013 9:07 pm That's going to be $90 plus $4.95 shipping each. On a subscription. Report this Post to the Staff
dave700x Rest in Peace United States 10625 Posts	Posted 02/07/2013 9:10 pm You're probably going to receive one a month for $90 plus shipping each. Just like the jelly of the month club.. edit to add - SsDd beat me to the post again... Edited by dave700x 02/07/2013 9:11 pm Report this Post to the Staff
argentum Pillar of the Community United States 1195 Posts	Posted 02/07/2013 9:29 pm My grandfather received a similar mailing a couple months back Report this Post to the Staff
g048406 Pillar of the Community 861 Posts	Posted 02/07/2013 9:32 pm Looks like they've upped their price by $5/coin since they last made this offer 6 months ago: https://goccf.com/t/118614 see catsun's post Report this Post to the Staff
jpsned Pillar of the Community United States 2207 Posts	Posted 02/07/2013 10:21 pm Ahhhhh... yes. Here's the incriminating sentence: "Only your quick response will secure the complete 15-coin collection at $90 plus shipping and service (line break) per Panel... And of course it's one coin per panel. Oh, well. Not as much of a scam as I thought it might have been. I just didn't read the sentence to the end. Report this Post to the Staff
jerseyben Pillar of the Community United States 1211 Posts	Posted 02/08/2013 08:37 am It's not a scam at all, just a bad deal. Report this Post to the Staff
jpsned Pillar of the Community United States 2207 Posts	Posted 02/08/2013 11:58 am Yes. (And I imagine that "uncirculated" is a fairly loose term.) Edited by jpsned 02/08/2013 11:59 am Report this Post to the Staff
Gyrene7483 Pillar of the Community United States 1704 Posts	Posted 02/08/2013 9:58 pm Quote: genuine uncirculated Morgan dollars... Uncirculated since 1964, not uncirculated as in new and never used in commerce. A mere technicality, but hey, they aren't targeting buyers who know better since those that do will just throw their junk mail where it belongs. Ed ANA LM-3175 Report this Post to the Staff
	Replies: 8 / Views: 1,694

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