National Collector's Mint?????

[jlpblade-migration]

I've been asked, as my cousin's net guy, to find info on ncm prior to him buying Morgan silver dollars from them. Any info/advice is appreciated. tyia

[TomB]

I believe the National Collector's Mint is a private company that does not sell coins as their primary activity. Rather, they sell reproductions of scarce coins, usually in proof strikings, for exhorbitant amounts. There is absolutely zero market for these modern silver rounds. They have no legal tender status, are modern reproductions and are sold at huge premiums to their bullion value. My advice is to stay away unless you or your friend are interested in losing 90% or more of your investment.

[michael]

I believe the National Collector's Mint is a private company that does not sell coins as their primary activity. Rather, they sell reproductions of scarce coins, usually in proof strikings, for exhorbitant amounts. There is absolutely zero market for these modern silver rounds. They have no legal tender status, are modern reproductions and are sold at huge premiums to their bullion value. My advice is to stay away unless you or your friend are interested in losing 90% or more of your investment.

 

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as per the above really good advise and put in a really kind gentle way too

 

 

michael