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 Replies: 22 / Views: 2,021 |
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Valued Member
United States
354 Posts |
I see an auction for a 1936 US Government Proof Set Tribute. The set consists of a half, quarter, nickel, dime and penny, all clearly stamped "COPY" on the reverse. Disregard the penny, worthless. No face value in the entire set.
Listed (elsewhere) as stuck in 100mil .999 pure silver. Total silver content is about .926oz. At current spot price, worth about $21. Four sets are offered. Would you buy the four sets? At what top price?
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Bedrock of the Community
 United States
24856 Posts |
Quote:
stuck in 100mil .999 pure silver This is nonsense. They are copper plated with silver. Not worth even the shipping costs. Inordinately fascinated by bits of metal with strange markings and figures
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Moderator
Australia
16804 Posts |
ebay listing: https://www.ebay.com/itm/284995897014For starters, they are counterfeit/replica coins. They have COPY on them so they're not actually illegal to offer for sale, but ebay has a zero-tolerance attitude towards replica coins. As such, selling them on ebay is against ebay policy. Do not be surprised if this listing disappears; if someone reports it, it's gone. Second, "National Collectors Mint" is a mass-marketing gimmick-seller. Their items generally have zero collector interest, and therefore very minimal premium on the secondary market. For me personally, being NCM products gives them negative value. I wouldn't pay bullion price to own them.
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Moderator
United States
34393 Posts |
Run away!  "If you climb a good tree, you get a push."
-----Ghanaian proverb
"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Pillar of the Community
United States
3467 Posts |
I doubt they used 50 cents in silver to plate those coins.
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Bedrock of the Community
United States
24856 Posts |
Sap, I can't believe that they sold two of those sets for $119.88 each. What fools...
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
2455 Posts |
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Bedrock of the Community
United States
94367 Posts |
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Valued Member
 United States
354 Posts |
Well, I think we have a consensus on this issue. Just for clarity, the auction was on ShopGoodwill. I see lots of coins for sale there and am often amazed at whatsome of the auctions go for. |
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Bedrock of the Community
United States
24856 Posts |
Oh dear. Went to their site and filtered for Coins and Currency. This was the first auction I saw. They also have a nice fake Trade dollar, too.  Inordinately fascinated by bits of metal with strange markings and figures
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Valued Member
United States
354 Posts |
@Hondo: I suspect they have zero experience in coins/currency and wonder how they manage to get so many lots of coins "donated". And I found it does little good to alert them of a problem as the auction will be over before I get a reply.
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Bedrock of the Community
United States
24856 Posts |
Mike, I wonder what is involved with registering to bid on their items. Not that I will.
Inordinately fascinated by bits of metal with strange markings and figures
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Pillar of the Community
United States
2455 Posts |
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Valued Member
United States
354 Posts |
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what is involved with registering to bid on their items Registering is simple. You don't enter a payment method until you win an auction. I'm registered and won several non-coin auctions: Silvertone electric guitar, camcorder, 20 mpixel digital camera, headphones, 3 electric magnifiers for low vision people, several microphones. |
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Moderator
United States
54280 Posts |
100 mill = plated
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
United States
2200 Posts |
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Replies: 22 / Views: 2,021 |
Posted 09/28/2023 8:31 pm
