Pay a premium??

Whatacoin · Apr 19, 2011

OK so its probably in the wrong topic but I'm just trying to win an argument right now... So if someone came up to you and tryed to sell you a Morgan dollor for more then it was worth on its actual value because it apparently owned by Jessie James but there is no proof. Would you pay the premium?? I say no because there cant be any proof about this.. What would you guys do?? Thanks

enamel7 · Apr 19, 2011

You're joking, right. :dontknow:

timbobwey · Apr 19, 2011

Hmm... I'm thinking now way. He might as well say F.D.R owned it. Don't fall for that crap

StevoCBR · Apr 20, 2011

No, anything in the collector world must be documented.

Diggin-N-Dumps · Apr 20, 2011

Wow....Well if your interested..I have ALOT of clad that was owned by Jesse James...selling cheap

AGCoinHunter · Apr 20, 2011

I got a gallon of water, of which some of it was drank by Jesse James. Probably by a lot of other famous people as well.

enamel7 · Apr 20, 2011

Darn, all my Morgans were only owned by his brother Frank. ::)

Whatacoin · Apr 20, 2011

Hey guys! I know its just someones else was saying that a coin would be worth more if it was owned by jesse james and i was like no becuse there is no documentation what so ever and even if there was then it still wouldent matter!!!!!!

Gaijun1 · Apr 20, 2011

Scamer ?

WormtownFJR · Apr 20, 2011

Whatacoin said:
Hey guys! I know its just someones else was saying that a coin would be worth more if it was owned by jesse james and i was like no becuse there is no documentation what so ever and even if there was then it still wouldent matter!!!!!!

This guy isn't from 419 ?

Whatacoin · Apr 20, 2011

WormtownFJR said:
Whatacoin said:

Hey guys! I know its just someones else was saying that a coin would be worth more if it was owned by jesse james and i was like no becuse there is no documentation what so ever and even if there was then it still wouldent matter!!!!!!

Click to expand...

This guy isn't from 419 ?

I believe its 420

Generic_Lad · Apr 20, 2011

It is silly to pay a premium for any coin outside of the coin itself, paperwork or no paperwork. Coins owned by a famous person, especially with no paperwork is about the silliest thing I have ever heard of to pay a premium on. Also, beware of "shipwreck" coins, even though they have proper documentation, they rarely sell past their coin value, which is usually degraded due to being submerged.