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Replies: 23 / Views: 13,170 |
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New Member
Liechtenstein
1 Posts |
Dear CCF, I would kindly ask for your quick opinion on the following. Recently I was contacted by one of my friends in the US. She said that her good friend inherited large amount of 400oz gold bars, after her grandfather passed away and that these bars are in Julius Baer Bank in Zurich and she asked me for help, as nowadays Swiss-US banking industries are not exactly in friendship. She also said that she has a medallion that her family legally inherited after her grandfather who opened an account in Julius Baer Zurich in 1923 and bought gold for 1.000.000 USD. I checked that back in 1923 one million dollar could buy about 1500kg of gold, which this lady now believes she should be able to get from Julius Baer Bank with help of lawyers. The thing is, I asked her to send me the picture of the medallion, as I was expecting something reasonable issued by Julius Baer Bank itself, but all I got was a picture of a coin that is for sure discussed furthter here in forum Million Dollar Coin: https://goccf.com/t/85856While I am no expert in coins, I am almost sure that this coin in some novelty fake, however I still do not understand why and how they would want to trick me. They state that within the medallion, which is the above mentioned One Million Dollars Coin supposedly from 1923, there is a encrypted Julius Baer Gold Certificate which is visible using specific equipment and that both Julius Baer or Credit Suisse are able to verify this. They are not asking me for money or anything, only to help them organize a meeting in the bank in Zurich, but I find the coin so ridiculous, that I want to make sure it is fake, before I turn them down. Many thanks for your valued answer. 
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Valued Member
Australia
315 Posts |
Your right on the money, rediculous
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Pillar of the Community
Australia
3831 Posts |
The "coin" just looks too modern for something struck in 1920s. Plus if it was really made to be a million 'dollar' coin, I expect it to be struck in at least a few hundred ounces of gold, not a mere coin size.
My partial coin collection http://www.omnicoin.com/collection/gxseriesMy numismatics articles and collection: http://www.gxseries.com/numis/numis_index.htmRegularly updated at least once a month.
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Pillar of the Community
 United States
4593 Posts |
Nigerian 419 scam, just not in Nigeria and with a new lure.
-----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Pillar of the Community
Canada
2805 Posts |
If you don't know this person with the $1000000 personally, here's what will happen: they will start asking for legal and banking fees while always promising a cut of that $1000000 when it is finally retrieved (which can't happen because that money does not exist). They will try to get as much out of your friend (or you) as possible. The facts in this story just don't add up. But, hello and welcome in Liechtenstein! 
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Moderator
 United States
189340 Posts |
How well do you know this American friend?
My advice is to stay way clear from this.
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Pillar of the Community
United States
2543 Posts |
Great story ! Unfortunately the next line to the story is, " There is no way we can get over there, since you live right next door, we are willing to sell you the coin for $10,000 so that you can easily go and claim the $1,000,000. Just wire us the $10,000 , we will send you the coin."
An unfortunate scam, please keep your money and don't fall for it.
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Bedrock of the Community
United States
36839 Posts |
This can't be a friend if they are trying to con you out of money. Avoid them.
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Valued Member
Canada
54 Posts |
Quote: This can't be a friend if they are trying to con you out of money. Avoid them. Unless the friend had their email/phone/account stolen. I'd let the friend know just in case they aren't aware of it.
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Pillar of the Community
United States
1554 Posts |
most likely your friends email account was hacked.
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Valued Member
United States
337 Posts |
I agree with the others that this is most likely a scam of some sort.
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Pillar of the Community
United States
1944 Posts |
you don't really believe this "tale"...do you?
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Bedrock of the Community
United States
20753 Posts |
Quote: They are not asking me for money or anything, only to help them organize a meeting in the bank in Zurich, but I find the coin so ridiculous, that I want to make sure it is fake, before I turn them down. DO NOT, I repeat, do not get involved in STUFF like this. DO NOT allow anyone to rope you into anything dealing with money. There are so many scams out there like this that they start being funny. IF, for some reason this is for real, so what? Nothing to do with you so leave it all alone. There are all kinds of legal people that have spent their lives getting an education in order to fix, find, coorect, etc. Let them handles this.
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Pillar of the Community
Canada
1823 Posts |
This is such a ridiculous scam they should have said this is the 1,000,000 coin. 
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Valued Member
United States
337 Posts |
Expect the request for money to be their next step.
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Pillar of the Community
United States
3253 Posts |
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Replies: 23 / Views: 13,170 |