Layered Liberty High Cost - Coin Community Forum

To participate in the forum you must log in or register.

Author	Replies: 5 / Views: 2,004
tokenmast Pillar of the Community United States 648 Posts	Posted 07/13/2011 12:40 am [eBayItem] 270777970977 [/eBayItem] I just do not understand why ? I have seen it in USA too (well it was canadian ) 100 mill 1 oz troy bar go for $ 55.00 sorta kinda explained once but confusing to new buyers? too much not enough not really a question more rant Report this Post to the Staff

omahaorange Valued Member United States 294 Posts	Posted 07/13/2011 06:47 am If I read that right, the ad is misleading. I interpret it to be a one troy ounce round layered with 100 milligrams of silver. This means, basically, it's *silver-plated*. It does not say what the base metal is,the round weighs an ounce, but the silver content is NOT one troy ounce, but 100 milligrams. For reference, I believe a troy ounce consists of 31 grams (give or take), or 31,000 mg. For $55 this seems rarther expensive. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 07/13/2011 1:09 pm I don't see it as misleading. It says the piece weighs one oz. It says it is 999 silver layered. It makes no claims as to the thickness of the silver layer or the weight of the silver layering. (100 milligrams is NOT mentioned in the ad, neither is 100 mil.) If you read it and think about what you are reading it is clearly saying you are looking at a silver plated piece that weighs one ounce, has a 2010 date and a walking Liberty design. Why did it sell for so much? Because someone looked at the title, didn't think about what was meant by "layered" so just ignored it. So what they read was "999 Silver 1oz Coin- "2010 WALKING LIBERTY"" They didn't bother to read the rest of the description and bid based on what they THOUGHT the title read. Report this Post to the Staff
allranger Pillar of the Community United States 1391 Posts	Posted 07/13/2011 1:36 pm This is the first time I've seen them called layered coins. They are usually listed as silver-plated. It did seems a little misleading to me. Especially if you are a new buyer. I suspect some one was just going down the list and thought it was a full silver 1 oz round. Or were confused and thought it was an ASE. Report this Post to the Staff
Yokozuna Pillar of the Community United States 4618 Posts	Posted 07/13/2011 2:12 pm Quote: I don't see it as misleading. It says the piece weighs one oz. It says it is 999 silver layered. It makes no claims as to the thickness of the silver layer or the weight of the silver layering. (100 milligrams is NOT mentioned in the ad, neither is 100 mil.) If you read it and think about what you are reading it is clearly saying you are looking at a silver plated piece that weighs one ounce, has a 2010 date and a walking Liberty design. Exactly. If the buyer doesn't read the details, they may pay the pure silver price for a plated round. The seller even offers 100% money back, so the buyer has a second chances to catch their mistake. Layered is a common term used for gold and silver items. It's interchangeable with plated. ANA ID: 3203813 - CONECA ID: N-5637 Clean a coin that may be worth collecting? Please DON'T! When in doubt, leave it dirty!! Edited by Yokozuna 07/13/2011 2:15 pm Report this Post to the Staff
tokenmast Pillar of the Community United States 648 Posts	Posted 07/13/2011 2:17 pm conder101 is correct it was not misleading, for the round, neither are the maple leaf bars and many more they do tell the truth LY while we maybe ?IT seams debatable Ill grant you ,,,web police "Book em Dano" coin coppers, ebay patrol ,,,concerned Hobbyist's, like that one we are NOT the thought police... and I for one am thankful Report this Post to the Staff
	Replies: 5 / Views: 2,004

To participate in the forum you must log in or register.

All Forums Category: General Numismatic Forums Forum: Main Coin Forum

Silver Gold Bull US is the United States leading bullion dealer. We deliver gold coins, gold bars, silver coins, silver bars and precious metals to your door. Order today!

The First Dollar, your premier source for bullion and rare coins. See our bullion list on the site and the coin inventory on ebay.

View Last 100 New Topics

View Last 100 Active Topics

Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us | Advertise Here | Privacy Policy / Terms of Use

Coin Community Forum

It took 0.29 seconds to rattle this change.