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theo
Penny Hoarding Member
USA
588 Posts |
 Posted - 07/07/2010 : 11:41:42
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You must be logged in to see this link.
A classic bait and switch scam. Check out the S/H charge. I was disappointed to see this commercial on Fox Business.
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Edited by - theo on 07/07/2010 11:43:23 |
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Corsair
Penny Hoarding Member
811 Posts |
Posted - 07/07/2010 : 11:51:08
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| At least the list the silver content per coin. That might get some people to go do some math and find out it's not worth anywhere near what the S&H is. |
So long, Realcent 1. Come visit us at Realcent.org! |
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argent_pur
Penny Sorter Member
78 Posts |
Posted - 07/07/2010 : 12:03:07
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| I'd like to know where he gets the "Valued at $40.00 a coin!!" |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 07/07/2010 : 12:33:18
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quote:
Originally posted by argent_pur
I'd like to know where he gets the "Valued at $40.00 a coin!!"
Its nice to see you here Argent.
According to my coin book there is a version of the 1964 Kennedy with "heavily accented hair" that is worth $40 assuming it is in "PF-65" condition.
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Edited by - theo on 07/07/2010 12:34:45 |
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Beau
Penny Pincher Member
216 Posts |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 07/07/2010 : 22:30:51
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| I called and asked if I could come pick them up to avoid the S&H charges. They said why not, and I went and got a truckload. I'm now selling them for the low low price of $5 each. Any takers?!!??? |
Come to the new and improved realcent: http://realcent.org
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Edited by - uthminsta on 07/07/2010 22:31:15 |
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Beau
Penny Pincher Member
216 Posts |
Posted - 07/07/2010 : 22:48:52
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I`am glad you posted this I`am half way there.
I just called and they said they would have a trucklaod in the morning.
I hope they do, I would hate to make a 2,000 mile trip for nothing.
I`am picking up 18,000 pounds.
EDIT: you got them all now going home empty. |
Edited by - Beau on 07/07/2010 22:51:33 |
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spartan_b88
Penny Sorter Member
USA
27 Posts |
Posted - 07/07/2010 : 22:51:09
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| I'll take 5. I've only got $25 left after Buying the Brooklyn Bridge from this nice fellow online the other day. |
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TXBullion
Penny Collector Member
374 Posts |
Posted - 07/07/2010 : 22:53:41
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quote:
Originally posted by Beau
this Austin rare coin if anyone orders from them.
if you want to pay $7.95 for a 40% coin.
You must be logged in to see this link.
Beau can you clairfy this post, do these people send promotions similar to this one, not sure what you are saying, thanks |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 07/07/2010 : 22:56:40
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Sorry, strict limit of 4 per household. Unless you have two houses, then of course it's no problem.
But seriously, SHAME on them for doing that. "I'm Scott Tilson, and I'm a jerkwad. Why am I giving these coins away? Because I'm pretty sure... you'll (realize you got took and) come back... TO BEAT THE CRAP OUT OF ME." |
Come to the new and improved realcent: http://realcent.org
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Beau
Penny Pincher Member
216 Posts |
Posted - 07/07/2010 : 23:05:46
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I don`t know if they send promotions, but I`am sure they do.
he asked me ifI was a collector.
he wanted to sell me some 90% silver, on a regular basis
like once a month.
I told him I didn`t buy once a month just when I had the money.
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 07/08/2010 : 01:49:12
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Beau, your font is coming up funny on the post.
Try writing your reply at the bottom of the screen/thread where HTML is off.
Also, I think they were asking you who "Austin" was that you linked to. They did not see the connection with the original "freerarecoin" post. |
"May your percentages ever increase!" |
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rakattack
Penny Pincher Member
105 Posts |
Posted - 07/08/2010 : 20:40:00
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| The pictured coin is a 1965 P...I'll bury my head in sand if I'm wrong but there's no MM on the 1965! |
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uthminsta
1000+ Penny Miser Member
USA
1872 Posts |
Posted - 07/08/2010 : 20:52:54
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| That's right... no mint marks from 65-67 on any coins if I recall. And 68-69 were only Denvers. |
Come to the new and improved realcent: http://realcent.org
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TXBullion
Penny Collector Member
374 Posts |
Posted - 07/08/2010 : 21:08:56
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| thanks for clarifying wolvesdad, thats what i was referring to, did not catch the other post. |
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L1011
Penny Collector Member
310 Posts |
Posted - 07/08/2010 : 21:16:48
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| $8 for a coin worth $2.60...lol |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 07/08/2010 : 21:37:04
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| hey, he has to make money too! ;P~~ |
"May your percentages ever increase!" |
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beauanderos
1000+ Penny Miser Member
USA
2408 Posts |
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jtlee321
Penny Pincher Member
USA
136 Posts |
Posted - 07/09/2010 : 01:08:28
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Hey if silver reaches $53.75 an ounce then you can break even on this deal!! Some people think we are just a matter of months away from that..  |
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jtlee321
Penny Pincher Member
USA
136 Posts |
Posted - 07/09/2010 : 01:12:27
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| Next up.. The ultra rare Silver Nickle!! Only made for a few short years from 1942-1945. These are the only nickles made by the United States Mint that contain real silver!! And I am giving them away free. Just pay $5.95 for shipping and handling for each coin! Act now supplies are limited and these coins will never be made again.. |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 07/09/2010 : 10:27:57
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quote:
Originally posted by jtlee321
Next up.. The ultra rare Silver Nickle!! Only made for a few short years from 1942-1945. These are the only nickles made by the United States Mint that contain real silver!! And I am giving them away free. Just pay $5.95 for shipping and handling for each coin! Act now supplies are limited and these coins will never be made again..
I can definitely see that happening. I think you missed your calling.  |
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wolvesdad
1000+ Penny Miser Member
USA
2164 Posts |
Posted - 07/09/2010 : 20:15:58
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| opportunities abound!! |
"May your percentages ever increase!" |
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penny4mythoughts
Penny Sorter Member
USA
82 Posts |
Posted - 07/11/2010 : 03:57:24
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| Other than being misleading and morally questionable, is there anything legally wrong with the business model here? |
Los Angeles is the place I call home... |
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Hirbonzig
Penny Collector Member
USA
451 Posts |
Posted - 07/11/2010 : 07:40:18
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quote:
Originally posted by penny4mythoughts
Other than being misleading and morally questionable, is there anything legally wrong with the business model here?
There is probably nothing leaglly wrong with him selling way over priced coins. It's just a very sleazy and dishonest to charge $8 per coin shipped. Unless he overnights each coin seperatly by Fed Ex.
I looked for US Coin Distribution on the Better Bussiness Bureau and nothing came up for comlaints. It may be that he is still eary in his scam and nobody has complained yet. Maybe we should all file a complaint on his bussiness practices. |
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theo
Penny Hoarding Member
USA
588 Posts |
Posted - 07/11/2010 : 11:11:09
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quote:
Originally posted by penny4mythoughts
Other than being misleading and morally questionable, is there anything legally wrong with the business model here?
Generally companies that run these types of scams are careful to avoid making any false claims. However, this company may have gotten itself into trouble with its ad. They claim that these coins have ".1479 ounces of silver" and are "valued at $40." When they say ".1479 ounces of silver" they are identifying the 1965 - 1970 Kennedy (40% silver) half. None of these coins are valued anywhere near $40. They could be found guilty of false advertising.
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argent_pur
Penny Sorter Member
78 Posts |
Posted - 07/11/2010 : 13:18:26
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quote:
Originally posted by theo
quote:
Originally posted by penny4mythoughts
Other than being misleading and morally questionable, is there anything legally wrong with the business model here?
They could be found guilty of false advertising.
Not really...like you said, he has to be careful. He didn't say "40 dollars as valued by XXXX" He could have found a 40% half on ebay going for 40 bucks (b/c stuff like that happens). Though you're absolutely right, no 40% half is worth close to $40. His URL is also misleading because it implies the 40%ers are "rare coins" which they certainly aren't, but once again "rare" is a relative word. Unfortunately, he'll be able to do as he wishes as long as there are greater fools to be found |
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Kennedy Half Scam
Forum Locked
