Click me
Transcribed

New Infographic Exposes How Morgan Silver Dollars Are Used to Fleece Investors

RARE COIN Rip-Off Report MORGAN SILVER DOLLARS Why buying these historic U.S. silver coins often ends up being a costly mistake. 90% Silver Morgan Silver Dollars were minted in the late 1800s & early 1900s. They contain 90% silver (the rest is copper). 10% Copper Morgan Silver Dollars are considered to be STOP semi-numismatic coins. Thanks to outrageous markups, the sell prices on Morgan Silver Dollars are typically very high. DO NOT A number of tricks and deceptions are used to sell Morgan Silver Dollars (and Peace Silver Dollars)... ENTER THE SILVER CONTENT Deception The silver content of a Morgan Dollar is actually just a shade over three quarters of an ounce. (.7732 troy ounces to be exact) Yet slick marketing materials often imply that these coins contain a full ounce of silver! TYPICAL SALES PITCH "Tbe price of silver is $20 per ounce. If you order from dealer X today, you can buy Morgan Dollars for just $22 each." The Morgan Silver Dollar melt value at the silver price is merely $15.46! What appeared to be a modest premium over melt value (of just 10%) is nearly 50% in reality. Let's explore the buy-sell spread further. CONFUSION OVER Buy-Sell Spreads 35% 30% 25% 20% 15% 10% 5% BULLION COINS, ROUNDS & BARS MORGAN SILVER DOLLARS 1892-S $1 1881 S S$1 PCGS XF45 MS 62 SLABBED GRADED Complicating the issue further is that Graded coins tend to be worth more because of a higher collectible premium. But market prices Morgan Dollars are sometimes graded and slabbed. This can create a vary greatly based on mintage year false perception of their actual value. and condition. 4880 1889 1893 1895 Some years are more sought after than others. And the higher the grade or the better the condition, the more desirable the coin generally is. 1878 Unless you are a savvy collector and really know the market, it is very easy to get taken for a ride. Too many people will take a salesman's word for it and end up regretting their purchase decision later. THE NON-REPORTABLE LIE FALSE "Morgan Silver Dollars afford greater privacy or even immunity from capital gains taxes." The Truth Virtually all bullion purchases and most sales by individuals do not have to be reported by dealers to the government. Sellers of numismatic or semi- numismatic coins have the same obligation as bullion sellers to report gains "voluntarily" on their tax returns. There aren't many forms of silver that "rare" coin dealers can make significant profits on. SHOULD YOU BUY Morgan Silver Dollars? THE BOTTOM LINE Unless you are a sophisticated collector at heart with money to throw around, we strongly suggest an alternative: Invest your money more safely in bullion coins, rounds, & bars only – at prices close to their actual melt value. NTR Metals ABBAYERS A REFINERB OF ALIA ED STATES EAIE STEFE 2, FINE GOLD 20 A Presented by METALS MONEY METALS EXCHANGE" Discreet. Cost-Effective. Beginner-Friendly. Secure. www.MoneyMetals.com MONEY ANGE EXCH Transaction Cost AMERA

New Infographic Exposes How Morgan Silver Dollars Are Used to Fleece Investors

shared by moneymetals on Jan 16
81 views
0 shares
0 comments
This new infographic explains below, shady marketers use deception and misinformation to unload Morgan Silver Dollars at prices WAY above their actual melt value or their resale value. It's extremely ...

Publisher


Writer


Category

Business
Did you work on this visual? Claim credit!

Get a Quote

Embed Code

For hosted site:

Click the code to copy

For wordpress.com:

Click the code to copy
Customize size