What's new

20 silver(40%) Ikes for 50 bucks...good deal i need to know???????

Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

It is purposely deceiving. The shysters out there argue that "silver" is a color as well as a metal. The coins are silver because of their color even though they have no silver in them - just like president or sac dollars are gold even though they have no gold in them.

There is no legitimate reason to put the term silver in the title, not once, but TWICE except to confuse the buyer. The seller knew exactly what he/she was doing. It is shameful and unexcusable greed. Defending such an unscrupulous act does nothing but add insult to OP's injury.
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

td31 said:
a good # of sellers of ikes do that with their titles. they put silver dollar ikes but explain silver dollar is just the name and no silver in it. it definitely is a misleading title but explained in the description. good luck with it. i can totally understand. just look at completed listings and youll see a lot of them

The thing is, though, Ikes are not silver dollars. Period. Morgans, Peace dollars, yes, but Ikes never were (correctly) called that. Some were 40%ers, but that's it. They were never silver dollars.

Caveat emptor
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

madwest said:
It is purposely deceiving. The shysters out there argue that "silver" is a color as well as a metal. The coins are silver because of their color even though they have no silver in them - just like president or sac dollars are gold even though they have no gold in them.

There is no legitimate reason to put the term silver in the title, not once, but TWICE except to confuse the buyer. The seller knew exactly what he/she was doing. It is shameful and unexcusable greed. Defending such an unscrupulous act does nothing but add insult to OP's injury.

Not necessarily. Slang terms get thrown around so much they're generally considered as proper wording. For example, the USA does not have pennies, we have cents. Yet, most of us use the word "penny" to describe our American cent. No one is going to accuse anyone of fraud if someone is selling American "pennies" on eBay, even though there is technically no such thing. "Silver dollar" is the slang term for any "big" dollar coin, regardless of composition. I have been told by countless bank tellers that they have some "Silver Dollars". Every single time they have been clad Ikes. My parents and grandparents have always called Ikes silver dollars. Practically everyone I know that is old enough to remember Ikes in circulation called them silver dollars. When I was a kid, my mother owned and operated a beauty shop. One of her regular customers would give me a brand new shiny "silver dollar" for Christmas every year. It was, of course, a clad Ike.

Maybe the seller was trying to be a bit deceitful. Its possible. Its not 100% certain however. It plainly states in the description (twice) that the coins are clad and not silver. Another clue might have been the fact that a silver Ike is worth $13+, and these coins were selling for ~$2 each. Buyer beware.
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

I know that I, for one, am not condoning or defending any such practices. I am simply stating that as the buyer its your responsibility to know what your doing and read what your agreeing to. Failure to do so is not ebay nor the sellers fault. What if tnet wasn't around anymore?
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

you really aren't that good of a reader with those descriptions are you? First off 10 coins, NOT 20... and he even says (not silver) right beside the word clad... "silver dollar" has been a term thrown around since the beginning of coinage, because they WERE silver back in that hayday, but wouldn't you have enough sense to realize a coin made 30 years ago ISN'T going to contain silver?
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

brendan1414 said:
you really aren't that good of a reader with those descriptions are you? First off 10 coins, NOT 20... and he even says (not silver) right beside the word clad... "silver dollar" has been a term thrown around since the beginning of coinage, because they WERE silver back in that hayday, but wouldn't you have enough sense to realize a coin made 30 years ago ISN'T going to contain silver?

I'm assuming he bought 2 lots.
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

Is there any Silver in "Silver Dollar Pancakes?"
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

ArkieBassMan said:
madwest said:
It is purposely deceiving. The shysters out there argue that "silver" is a color as well as a metal. The coins are silver because of their color even though they have no silver in them - just like president or sac dollars are gold even though they have no gold in them.

There is no legitimate reason to put the term silver in the title, not once, but TWICE except to confuse the buyer. The seller knew exactly what he/she was doing. It is shameful and unexcusable greed. Defending such an unscrupulous act does nothing but add insult to OP's injury.

Not necessarily. Slang terms get thrown around so much they're generally considered as proper wording. For example, the USA does not have pennies, we have cents. Yet, most of us use the word penny to describe our American cent. No one is going to accuse anyone of fraud is someone is selling American "pennies" on eBay, even though there is technically no such thing. "Silver dollar" is the slang term for any "big" dollar coin, regardless of composition. I have been told by countless bank tellers that they have some "Silver Dollars". Every single time they have been clad Ikes. My parents and grandparents have always called Ikes silver dollars. Practically everyone I know that is old enough to remember Ikes in circulation called them silver dollars. When I was a kid, my mother owned and operated a beauty shop. One of her regular customers would give me a brand new shiny "silver dollar" for Christmas every year. It was, of course, a clad Ike.

Maybe the seller was trying to be a bit deceitful. Its possible. Its not 100% certain however. It plainly states in the description (twice) that the coins are clad and not silver. Another clue might have been the fact that a silver Ike is worth $13+, and these coins were selling for ~$2 each. Buyer beware.

I hear ya on the slang term "Silver Dollar." It has become the common term for the large US dollar coin - Ni over Cu or Ag-Alloy. I would consider giving the seller a bit of a break on benefit of the doubt had he/she just called them Silver Dollars in the title. However, he/she called them "Silver Coins." I don't buy it that it was not purposeful deceit. There is no way to know for sure, but it doesn't pass the smell test from this distance.
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

coolpix9 said:
Is there any Silver in "Silver Dollar Pancakes?"

Nope.
And there aren't any pans in them either!
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

Now I'm hungry
 
Re: 20 silver(40%) Ike's for 50 bucks...good deal i need to know???????

I can't believe this post has come this far, over a very simple bottom line. It doesnt matter what the seller puts in his title!!

I saw a Toilet Paper roll on Ebay priced at $1,000,000 with some jibber jabber in the description over god knows what. Bottom line, Buyer Beware, always. Take responsibility for what you're buying over the net. READ DESCRIPTION.

The other bottom line is, CANCEL THE TRANSACTION, OPEN A CASE. Ready for this? You will win the case!!!!! Hands down, GRNTEED! I am a TopRated Powerseller and have seen it all, Ebay favors buyers!

You learned a lesson with no loss, may not be so fortunate next time.
 
the 's' word

the seller uses it to sell his clads (since that's they were referred to when they were circulating)

yet,

we try to avoid using it when we're trying to find Ag...
 

Users who are viewing this thread

Back
Top Bottom