Bradford Exchange Silver Dollar Set

Hi guys,
Somehow these guys heard that I've started collecting coins, maybe because I subscribed to the US Mint emails? Anyway, just got something in the mail from them offering all of the 20th Century Silver Dollars in a "we'll ship you one coin per month" deal. Morgans from 1900-1921, Peace Dollars from 1922-1935, Eisenhower Dollars from 1936-whatever, and 4 SBA's.
There is no mention of what grade the coins would be, or if I would get P, D & S mints or...? All coins are slabbed in their own cases and you get a free nice wooden display case.
The cost? $45 per coin plus $5 shipping, so $50 per coin. Obviously some coins might be a bargain, especially some of the Morgans and Peace dollars, some would be a rip-off but I can return any coin within a year for a complete refund, so there's no obligation.
Anyway, this reminds me of the old Time/Life book series thing I've done in the past where the books are worth nowhere near what I paid for them. Is this a total scam/rip off or what? It seems it would be risk free as I don't ever have to keep any coin I don't want, but I figure I'd ask the experts.
What's the scoop?

 

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$50 for an SBA? And who slabbed them? Even the silver dollars don't sound like a good deal: they could be slabbed as VG by XYZ TPG.

 

Links?

 

As green18 said, please don't do it. Even if the grades are correct there may still be problem coins involved and you will not know it until too late. You can do much better elsewhere. Bradford is NOT a coin company, they sell anything and everything and you will never come close in this lifetime in seeing any appreciation in value no matter what they send. And if you subscribe with a credit card, good luck getting out. JMHO.

 

Well I figured this is definitely NOT worth it. Not certified, not graded, just slabbed with the same cases that PCGS and the others use. Bradford calls it "tamper proof cases". That way you can still return them up to a year later and they will know they are getting back the same coins they sent you. I figure since you can keep the coins that are worth the price and send back the ones that aren't, how will they make money? By assuming people will keep the worthless coins as well as the valuable ones?
Here's the "slabs".

 

These guys used to sell collector plates back in the seventies and eightys.........I encounter them all the time in thrift stores.

 

Your instincts are correct. There will be no bargains. You will be much better off buying the coins through your local dealer, coin show, internet, or (shudder) ebay.

 

What a rip off, stay away.

 

What everybody said! Years ago, the Bradford Exchange also offered a $50 Gold Buffalo layered in 14 milligrams of .999 gold (about $1) for $29.95. It was a steal, and the buyers were the victims.

Never forget the old adage, "If it's too good to be true, it probably is."

Chris

 

Stay away from offers like that. Various other companies use that tactic, some of which are heavy TV advertisers.

 

Just because they may somewhat resemble PCGS' holders, this does not mean that PCGS uses the same ones as you've claimed. Those in the posted mockup resemble Amos/CoinWorld "premium" holders, which mimic PCGS holders (for what should be obvious reasons), but without actually seeing one, it's impossible to say for sure.

 

And while we are at it, stay away from the TV coin shows. That's another ripoff waiting for a place to happen.

 

None of these would be worth it.

 

The only thing remotely close to a "better date" that you would get is the 1928-S Peace dollar. You can easily get one of those on eBay for $25 shipped. All the others would be less than that. The Ikes and SBAs are still available at face value, if you have a bit of patience.

So, from my perspective, not even one of the coins would be a bargain. They're in business to make money, and they've been in that business for a long time. They aren't going to send you something worth more than what you paid, period.

 

Yup, I wouldn't buy anything from the Bradford Exchange.

Last year I inherited 130 of those dang plates. I tried to sell 'em, no takers. Not even a low-ball offer. Practically worthless. A real shame -- some are actually quite pretty. Will probably end up donated to whatever worthy cause will haul 'em away.

 

Poor fellow. I sympathize.

 

I got stuck with a few of those. If they wouldn't damage tires, I'd go out, throw them out the back of a pickup and see how many times they bounced before shattering.

 

That's exactly what it is, crap/scrap..lol

 

If you check the small print carefully you find it is a one per year collection not all mintmarks. It is NOT worth it.