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 Replies: 12 / Views: 2,078 |
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New Member
United States
3 Posts |
Govmint.com has quite the deal on 20 PC rolls of 1886-O Morgan Silvers. Legally binding ad for 20 pcs for $1795.00. Get 'em while you can!  |
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Pillar of the Community
 Canada
5393 Posts |
As they show 1884 O in the picture .
Good luck with your legally binding comment !
All they would have to say .,sorry out of stock!
Or we made an error.
MS60+ 1886O are easy 900 plus each !
Get a grip, if you think you are getting 86O mint State
Dollars at that price!
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Valued Member
United States
164 Posts |
Looks like they're not showing up now.
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Bedrock of the Community
Australia
21786 Posts |
Not quite a bait 'n switch, but more of a one only introductory one-off honest deal,
to generate customer interest in other inventory available.
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Moderator
United States
15394 Posts |
 to the CCF You are living in a parallel universe if you think any ad you read is somehow 'legally binding' on the seller. Good luck with getting your roll - let us know when it shows up.  Take a look at my other hobby ... http://www.jk-dk.art |
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Moderator
United States
54280 Posts |
It was a typo
Show your financial support of the Coin Community Family (click here)See my topic on Mexican Numismatic Medals (click here) |
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Pillar of the Community
Canada
5393 Posts |
No one gives away thousand dollar collector coins as an introductory
offer . As NSS stated clearly a typo.
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Pillar of the Community
United States
2365 Posts |
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Valued Member
United States
96 Posts |
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Bedrock of the Community
United States
12057 Posts |
Ah, GovMint, my favorite misleadingly-named company (they are neither affiliated with a "gov"ernment nor operating as a "mint") At least they are one of the largest buyers of bulk quantities of silver coins such as Morgan dollars, and used to advertise that fact prominently in Greysheet. Prices they were paying to buy up these coins were relatively in line with the junk silver market. This is how they provide the inventory for their sales. A lot of their "BU rolls" or "mint-sealed bags" or "vault coins" and all of that nonsense were nothing of the sort, but coins purchased from dealers and the market at large. I do not like the way they (or others like them) do business -- by running ads in non-numismatic magazines, offering their coins at highly inflated prices and constantly misusing terms like "rare" that do not have actual legal definitions so as to avoid potential issues of liability. 1 roll of "BU" (i.e. theoretical MS63) 1884-O Morgan dollars retails between $800-$1100 depending on the quality of coins contained therein, so the markup is 80-100% over retail. Along with some of the scammers on the TV shows who prey on the elderly by marketing common coins as "rare investments" at ridiculous prices, they have done more to damage the hobby for future generations by selling overpriced products to uninformed buyers, who are then greatly disappointed one day if they go to sell their purchases and find out that in a lot of cases they're worth half or less of what they were purchased for. Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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New Member
 United States
3 Posts |
All of you who say it wouldn't be legally binding I would bet also believe there's no recourse for ungraded coins bought at auction that don't live up to the sellers description or "claimed" grade.
I'm sorry I didn't look at the photos but instead read the complete description which stating multiple times as 1886-O.
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Pillar of the Community
Canada
5393 Posts |
Photos are a key part of descriptions !
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Valued Member
United States
235 Posts |
Im sure there AU, and 1884-O's
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Replies: 12 / Views: 2,078 |
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Posted 02/17/2023 01:38 am
