QVC REVIEW of TREASURE CHEST At least as big a rip as Littleton: REVIEW: Silver Coins at 400% times the value
OK, now LOOK CLOSELY at the the picture and ask yourself if there is anything but junk silver being offered here?
here is their bait description:
"Lift the lid of this handcrafted wooden chest and marvel over a treasure of more than 30 rare and historic coins. Silver half-dollars, quarters, dimes, and nickels--many of which were minted more than 50 years ago--are waiting be discovered. There's also at least one coin struck before WWI and at least 10 silver wartime Jefferson nickels. From UPM Global, LLC.
Includes at least 30 silver coins and chest
Manufacturer's Certificate of Authenticity
Chest measures 4-3/4" x 3-1/2" x 3"
I really am not to sure which company is a bigger rip Littleton in regards to their common silver prices or these guys..See my REVIEW of Littleton
OK this box is not much bigger than a SANDWICH ON THE OUTSIDE and contains, of the 30 silver coins, 10 silver nickels which are worth about 1 dollar each. That leaves 20 silver coins. These would be 1.Silver half dollars, 2. Dimes and 3. Quarters.
So lets be generous and use their photograph as a base. I count 9 worn out silver dimes ( thats about 10.75 in silver)
4 silver quarters in the same condition, ( 12.10 FRN) 6 half dollars that are really worn out (36.22)
So
10 War time nickels 9.39 cents
9 worn out dimes 10.75
4 silver quarters 12.10
6 half Dollars 36.22
Now they are telling you that there are AT LEAST 10 Nickels in this tiny box and additional 9.39 value
Lets give them the benefit and say they were able to fit 20 in there..and somehow ere able to squeeze in an extra 2 half dollars...a 12.07 value..
www.coinflation.com
ON THE HIGH SIDE this would be worth at the current 16.69 for silver 90.43 ( if the coins were not worn AT ALL and still had all their silver weight to them. THE QVC with the help of UPM Global, LLC. ( which sells on that brilliant coin collectors sites SEARS as well and several other FARM shops online) is willing to only rip you off by close to 400 percent even if they had to pay 5 dollars for the made in china box and full silver value for the coins. ( which they make up in shipping and handling costs.)
Please do the math...
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