Disappointed on the sheer volume of hge or 100 mills or German silver

Discussion in 'Silver Coins' started by Kasanga, Dec 16, 2010.

  1. Kasanga

    Kasanga New Member

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    How much of this stuff is flooding the market seems more n more each day and people are paying dollars for it if I was a new coin collector I would b so disappointed if I had bought one if these I have researched and learnt heaps
    This forum has been great to learn these lessons for free. Just looked at probably 70 of these on the net well I suppose buyer beware is very true
     
  2. Silver is Money

    Silver is Money Member Silver Stacker

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    Cut their goolies out... that'll fix the turds. :)
     
  3. Austacker

    Austacker Active Member

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    Yup it is deceitful selling however people do need to do their own DD most are looking for a bargain, but most hopefully find at some point it is not a bargain at all.
     
  4. Clawhammer

    Clawhammer Well-Known Member Silver Stacker

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    Gone Fishin'
    Just wait until the price really rockets...like back in the 80's.

    I reckon half the fake gold bars on the market are still out there from that period.
     
  5. Matthew 26:14

    Matthew 26:14 New Member

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    Its fine by me, keeps buyer away from the real stuff.
     
  6. silvertongue

    silvertongue Member Silver Stacker

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    I'll put up my hand sheepishly and admit I got caught with something similar as a noob. I actually got my money back, fortunately, but kept some as a reminder of my 'education'. I wouldn't mind so much except for the deliberate misleading, and sometimes outright lies...
     
  7. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    Thus the real stuff will cost slightly less due to part of the money flowing into mills & German silver and hge gold , making
    you complicit in the Silver price manipulation.
    :lol:
    joking :/
     
  8. shortstack

    shortstack New Member

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    I saw the german silver on ebay and thought it was too good to be true so decided to to a quick google. It was easy to find out it wasn't the real deal. And that was how I found this forum.
    I'm glad I took the few seconds it took to google first.
    I have been reading about buying silver for months and finally decided to do something about it. Lucky I now have some sweet looking kookas from a dealer mentioned here, and a few round 50c from ebay.
    I hope to check out the local dealers this weekend.
    I'm so happy not to have been stung by the fake stuff. I definitely can't afford to waste dollars.
     
  9. Kasanga

    Kasanga New Member

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    I suppose at least these ones have the give away indicators in the title and any one who does a bit of research can work it out probably more of a worry might b the ones who don't and are truly selling the knockoffs as real
    Makes good case for buying through trusted sources only.
     
  10. pmfiend

    pmfiend New Member

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    I hate it when they put a buy now price on it close to the price of the real thing. exposes their motive and depth of their deception.

    but if they're open about it and if they're selling them for just a couple of bucks, i could care less. who am i to judge their market for toy money.
     
  11. rbaggio

    rbaggio Active Member Silver Stacker

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    Awesome, welcome :)
     
  12. Comper100

    Comper100 Member

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    I suppose they have a decent amount of sales from it or it wouldn't be up there....someones buying it. hopefully not anyone on here :)
     
  13. 3cav84a

    3cav84a New Member

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    I see someone got stung badly on eBay, a 10 oz ABR bar went for $255 from someone who had zero feedback and only in the description did it say the bar was 100 mill .999, thats got to hurt
     
  14. spannermonkey

    spannermonkey Well-Known Member Silver Stacker

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    here there everywhere
    Here we go ,latest effort of this guy.
    150536569982
    It's german silver now
     
  15. bungo

    bungo Member

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    Damn, that's dodgy... a very easy trap for newbies to fall into...
     
  16. Drag0nHart

    Drag0nHart New Member

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    I would imagine that the Chinese are going to be faking many of the generic silver rounds in the not to distant future. They have faked the US Morgan and Peace dollars so well that It is difficult to tell them from the real deal....so much so that even some of the secondary sellers to not realize they are selling fakes....I now stay away from those two particular coins.

    People selling "German Silver" should be fed their own testicles.
     
  17. Drag0nHart

    Drag0nHart New Member

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    Damn!!...someone just paid $275 for10 ounces of zinc.
     
  18. THUCYDIDES79

    THUCYDIDES79 New Member Silver Stacker

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    and is probably thinking " me so smart - i got the bar under spot "
     
  19. Welcome_Stranger

    Welcome_Stranger New Member

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    I have seen a few coins (some even called "Kangaroos") that are stamped:

    999 Silver Layered

    .... Buyer beware.

    WS
     

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