New Orleans Mint Morgans - Govmint.com

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Author	Replies: 6 / Views: 1,254
ancientcoinguy Pillar of the Community United States 842 Posts	Posted 09/05/2011 1:39 pm An add in an outdoors magazine is selling Morgan silver dollars. They claim to have found a "very small quantity of these unique, historic, and scarce New Orleans Mint Silver 'O' Morgans". No where in this add is the condition or year of the coins mentioned. Here is the fun part: Only $69.95 +s/h each! Seems a bit much for a Morgan that could be a junk common date piece. Anyone interested? Report this Post to the Staff

southsav Pillar of the Community 2224 Posts	Posted 09/05/2011 1:44 pm Not without more information to know what it is I'm buying Report this Post to the Staff
ACE Mike Valued Member United States 438 Posts	Posted 09/05/2011 3:32 pm Their target audience is not collectors - it is a member of the general public that knows nothing about coin collecting, or that circulated O-mint dollars are available by the ton at a bit over half of their asking price. Notice that the ad is in an outdoors magazine, not a numismatic magazine! Report this Post to the Staff
littleboy Pillar of the Community United States 764 Posts	Posted 09/05/2011 10:23 pm might be interested if they were mid-90s BU morgans Report this Post to the Staff
vanbroj Valued Member United States 450 Posts	Posted 09/05/2011 10:28 pm Without knowing more, its a big roll of the dice ! Report this Post to the Staff
Saruma Pillar of the Community United States 968 Posts	Posted 09/05/2011 10:34 pm No company will do this as a money losing proposition. You can be assured that whatever coins you get are worth less than the price they are asking. Report this Post to the Staff
aladinslamp Pillar of the Community United States 3076 Posts	Posted 09/07/2011 11:13 pm they are obviously minted by the US Gov't Mint. however there are many businesses out there with the same kind of names that have no official connection to the US MINT...its a mere advertising scam to sell over inflated prices to NON COLLECTORS... Report this Post to the Staff
	Replies: 6 / Views: 1,254

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