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Post by walnut on Oct 3, 2021 13:18:27 GMT
I wonder if it's just a camera trick or is this ungraded Morgan as nice as it looks? Might be a MS65 worth $250. Maybe even better. Sold for $54.98 delivered
There's a possible dent or scratch on the right side of the reverse photo, but I think that might just be in the plastic cover.
It should be submitted to PCGS for grading and encapsulated.
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jscok
New Member
Posts: 2
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Post by jscok on Oct 3, 2021 19:29:21 GMT
There are scams with the coins on Ebay. I have a coin dealer who has 4 silver dollars that were purchased from Ebay, and they look very real, but don't sound right when dropped. A silver coin has a distinct ring when dropped. Also, the fakes don't quite have the stars and other imprints line up properly.
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Post by walnut on Oct 4, 2021 1:06:06 GMT
There are scams with the coins on Ebay. I have a coin dealer who has 4 silver dollars that were purchased from Ebay, and they look very real, but don't sound right when dropped. A silver coin has a distinct ring when dropped. Also, the fakes don't quite have the stars and other imprints line up properly. Yeah that's why the graded encapsulated ones are a little safer.
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Post by missouriboy on Oct 4, 2021 14:42:30 GMT
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Post by walnut on Oct 5, 2021 2:12:17 GMT
There are scams with the coins on Ebay. I have a coin dealer who has 4 silver dollars that were purchased from Ebay, and they look very real, but don't sound right when dropped. A silver coin has a distinct ring when dropped. Also, the fakes don't quite have the stars and other imprints line up properly. You likely know more about coins than me. I'm not really a collector, just trying to buy some coins at relatively good prices.
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Post by glennkoks on Oct 5, 2021 15:15:38 GMT
Last week I moved the bulk of my portfolio out of the market to safety where I will almost assuredly lose wealth to inflation. The last time I did this during the worst of the Covid pandemic I missed out on about 10% of the gains that occurred in the market. My advisor called me and said that he was moving his portfolio and recommended I do the same. He felt that headwinds and storm clouds were limiting upside growth while the potential for a pretty substantial "correction" are becoming more likely. Personally I have felt this way for a few years but this bull just keeps running.
While I hate to try and time the market and prefer a conservative long term approach I think this time I am going to stay out a while until the fundamentals make more sense. I'm going to use this time to shore up my cash reserves perhaps adding a few silver coins to my stash...
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Post by Sigurdur on Oct 5, 2021 16:20:18 GMT
There is a section in the 3.5 trillion bill that indicates taxation of unrealized capital gains. I am going to roll my portfolio over prior to year end to establish a higher base price. Another area wants to raise capital gains taxes.
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Post by code on Oct 24, 2021 15:45:31 GMT
The World’s Biggest Real Estate Bubbles in 2021
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Post by code on Oct 24, 2021 15:47:43 GMT
61% of Americans paid no federal income taxes in 2020, Tax Policy Center sayswww.cnbc.com/2021/08/18/61percent-of-americans-paid-no-federal-income-taxes-in-2020-tax-policy-center-says.htmlKey Points: *More than 100 million U.S. households, or 61% of all taxpayers, paid no federal income taxes last year, according to a report from the Tax Policy Center. *The pandemic and federal stimulus led to a huge spike in the number of Americans who either owed no federal income tax or received tax credits from the government. *The main reasons for the spike — high unemployment, large stimulus checks and generous tax credit programs — will largely expire after 2022. Perhaps maybe that is a small part of the reason we have debt?
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Post by code on Oct 24, 2021 15:53:15 GMT
Twitter CEO Jack Dorsey believes hyperinflation is an impending threat to the US economy — and will change everything
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Post by code on Oct 24, 2021 16:17:38 GMT
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Post by walnut on Oct 24, 2021 18:31:38 GMT
Twitter CEO Jack Dorsey believes hyperinflation is an impending threat to the US economy — and will change everything
Well, his ilk caused it, with their coronavirus transfer payments driving up wages and demotivating the workforce.
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Post by missouriboy on Oct 24, 2021 18:48:31 GMT
Jack on a stick!
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Post by code on Nov 14, 2021 17:28:38 GMT
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Post by Sigurdur on Nov 14, 2021 19:08:16 GMT
Already going up. The Fed is scared shitless. A 1% increase in rates translates into a $280,000,000,000 increase in Fed government interest payments. We are currently running about 3% below historical averages. Increasing rates will result in financial collapse.
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