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 Replies: 16 / Views: 2,894 |
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Pillar of the Community
United States
4883 Posts |
Now don't ding me since there're ASE's in this besides old 90% stuff. Clearly there's value here, but my thought is that this is a huge loser at the asking price, and quite possibly not a break-even proposition at even half that amount (provided the seller would conceivably accept such an offer). See: http://www.ebay.com/itm/45lb-Huge-S...em487e44e126Colligo ergo sum
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Pillar of the Community
United States
1192 Posts |
I would not buy a car off a single picture :). I get a bad feeling when people ask for large sums yet refuse to give a whole lot of information. I gives me the vibe of either a scam or that they know the value isn't even close. You can't even have a good enough view at it to even begin to guess wheter it's genuine or just silver plated stuff.
Edited by Bertensgrad
06/02/2015 01:21 am
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Pillar of the Community
United States
709 Posts |
If you scroll down the auction, there are actually a ton of pics :) Definitely some cool stuff there.
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Pillar of the Community
United States
1192 Posts |
My bad my connection was lagging and the images not loading. I still wouldn't touch it if I had the money. So many unknowns with it.
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Pillar of the Community
United States
6478 Posts |
No where near worth it. More than double spot price.
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Rest in Peace
United States
18456 Posts |
 If you scroll down to near bottom there's a reverse photo of a toned Morgan silver dollar with a MM. there's something wrong with the MM. does anyone else see it ? |
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Valued Member
United States
249 Posts |
SSK has it right... way high money for what's there.
In the ad heading it says: "45lb Huge SILVER HOARD"
But then the seller exagerates and calls it 50lb!? so he's added another 11% to the cache?
If you use avoirdupois measure, then his "50 pounds" of coins would be more like 800 av. ounces.
If you use troy wt. measure, then it would be like 600 troy. ounces.
So using seller's "720 oz.#, and deducting the (sellers text) 150 oz. of pure eagles and rounds, and call the 45 or so Morgans he's got an oz. each as well (which is high), there's barely 375 oz. of 90% coins. Some of which are war nix. So @ 20 ea. for the eagles and rounds, and $2+spot Ag for the 90%, the seller's $472 face value 90% should sell for $13.50 per dollar or:
$6412.00
Now add the eagles and Morgans (150+45 at $20 ea.) = $3900.00 and you have $10312.00. Which is no bargain; just reasonable.
edit: your right GR58. He's got $647.00 showing. I sent a question to him asking to clarity his count/wt. of the dimes in the bag. Just curious what's up here as his "pounds" don't add up right! to his detriment! Just the $647 face + 174 oz. of rounds and Morgans would = 47.71 avdp. #s. And you still have the sack of dimes, and the nicx.
Edited by rynegold
06/02/2015 09:34 am
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Bedrock of the Community
United States
11951 Posts |
Interesting lot .... Would be fun to look thru.
But I also think the price is high.
I would have to know how much silver is in the bag.
In the write up it lists a 1894 dollar, what is the chance
it is a really a 1894(P). Better chance it has a mint mark.
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Valued Member
United States
249 Posts |
"I would have to know how much silver is in the bag."
He's told you that GR58; count the eagles and morgans and deduct their weight; the rest is simple math.... he's got about $475 face and that's throwing in the nickles at 90%!
Edited by rynegold
06/02/2015 08:58 am
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Bedrock of the Community
United States
11951 Posts |
Quote:
He's told you that GR8; count the eagles and morgans and deduct their weight; the rest is simple math.... he's got about $475 face and that's throwing in the nickles at 90%! Not sure if I am using the right simple math. And I did miss where seller is saying there is 2500 dimes, by weight, in the bag. So what I see now .. from counting the rolls. (if the roll are full) $487 in rolled dimes, quarters and half dollars. If the bag count is right, another $250 face. 43 silver dollars That's $780 in 90% Then we have the eagles and rounds Any way you add it, it is not going to get near 28K |
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Pillar of the Community
United States
3210 Posts |
I wouldn't touch this with a 20 foot pole. Too many question marks if you could physically see everything and actually touch it then I'd be inclined to make an offer but that won't happen. You'll find something. Else
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Valued Member
United States
234 Posts |
Tell you what this guy is a great photographer with those sexy pictures.
Two years back I was selling off a roll of Eagles in individuals. I figured out that if I played with the iPhone photo effects editing I could make the pictures a tad more artsy looking and noticed the bids went higher over the generic pics.
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Pillar of the Community
1153 Posts |
I agree, he spent some quality time getting glamour shots of the coins but not enough time explaining what he is actually selling.
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Pillar of the Community
United States
1704 Posts |
As a man does not always think with the head on his shoulders. Some sellers know and take advantage of that fact. And if he can portray the coins in his pictures glamorously enough he may succeed in getting bids he may not otherwise get had he not tried to use this sort of trickery. How he took his primary picture could entice a bid from someone on impulse who failed to actually figure up the approximate actual value of what he is looking at.
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Pillar of the Community
 United States
4883 Posts |
What if he had broken down the half rolls, and using what else is there (save the ASE's) assembled several enticing jarfuls to be dribbled out one at a time? Sorry. I just have these evil thoughts.... Colligo ergo sum
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Pillar of the Community
United States
2540 Posts |
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Replies: 16 / Views: 2,894 |
Posted 06/02/2015 01:29 am
