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Author Topic: Hatton Souvenirs (probable) scam silver coin  (Read 197 times)
tldr-hodl (OP)
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September 09, 2023, 04:18:28 PM
Last edit: September 10, 2023, 09:04:24 AM by tldr-hodl
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 #1

Found them on eBay:

https://www.ebay.co.uk/itm/185422320567

Pictured "CoA" states 0.999 silver (and no weight), but if you buy 3 (1 for 17.38 GBP), you'd get actually below the current market price of silver.
Further description probably explains it as it says "stunning real .999 Silver plated souvenir".
"Incredible detail and etchings you won't find this anywhere else" - yeah, right.

If you go directly to their site, you get even lower price (1 for 9.95 GBP):

https://www.hattonsouvenirs.com/product/bitcoin-silver-coin/

There the description reads "stunning .999 silver souvenir".

I very much doubt there are two different coins; I'd say they are covering their ass as not to violate eBay conditions, but shady as hell.
Also, just based on that video, I severely dislike the guy...

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MoparMiningLLC
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September 09, 2023, 04:47:14 PM
 #2

I got one from someone here - dont recall off hand but its only plated.

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September 09, 2023, 09:34:04 PM
 #3

This does seem suspicious.

I own one. I regretted  buying it before you shared this news. It's just never going to be worth anything and it has a sad spirit, in that it has no connection with or commitment to bitcoin; Hatton is just selling crap they they plaster the Bitcoin symbol on.

Beware of scammers. I will never discuss the sale of Collectibles on Telegram or any other messaging client outside the forum.
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September 10, 2023, 01:01:27 AM
 #4

Found them on eBay:

https://www.ebay.co.uk/itm/185422320567

Pictured "CoA" states 0.999 silver (and no weight), but if you buy 3 (1 for 17.38 GBP), you'd get actually below the current market price of silver.
Further description probably explains it as it says "stunning real .999 Silver plated souvenir".
"Incredible detail and etchings you won't find this anywhere else" - yeah, right.

If you go directly to their site, you get even lower price (1 for 9.95 GBP):

https://www.hattonsouvenirs.com/product/bitcoin-silver-coin/

There the description reads "stunning .999 silver souvenir" and the coin suddenly puts on weight as well as it now becomes 1 troy ounce.

I very much doubt there are two different coins; I'd say they are covering their ass as not to violate eBay conditions, but shady as hell.
Also, just based on that video, I severely dislike the guy...

I mean if it says silver plated, so the actual silver on this thing is probably below 1g which makes it still expensive and way above spot price.
Pretty ugly / soul-less coin and its most-likely-terrible-quality can't even be hidden by these professional photographs of the thing.

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MoparMiningLLC
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September 10, 2023, 02:10:18 AM
 #5

Found them on eBay:

https://www.ebay.co.uk/itm/185422320567

Pictured "CoA" states 0.999 silver (and no weight), but if you buy 3 (1 for 17.38 GBP), you'd get actually below the current market price of silver.
Further description probably explains it as it says "stunning real .999 Silver plated souvenir".
"Incredible detail and etchings you won't find this anywhere else" - yeah, right.

If you go directly to their site, you get even lower price (1 for 9.95 GBP):

https://www.hattonsouvenirs.com/product/bitcoin-silver-coin/

There the description reads "stunning .999 silver souvenir" and the coin suddenly puts on weight as well as it now becomes 1 troy ounce.

I very much doubt there are two different coins; I'd say they are covering their ass as not to violate eBay conditions, but shady as hell.
Also, just based on that video, I severely dislike the guy...

I mean if it says silver plated, so the actual silver on this thing is probably below 1g which makes it still expensive and way above spot price.
Pretty ugly / soul-less coin and its most-likely-terrible-quality can't even be hidden by these professional photographs of the thing.


having one of them - I will agree it is pretty decently ugly.

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September 10, 2023, 03:46:27 AM
 #6

I agree this advertising is very misleading and possibly fraudulent
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September 10, 2023, 07:50:21 AM
 #7

Something dodgy about that alright, the description in the EBAY advert states 28g = 1 oz
and on the website 31g = 1 "troy ounce" - the troy ounce is only used for precious metals,
so is it plated copper for example?

The EBAY listing states .999 Silver, is that the coating?

Quote
Bitcoin NEW DESIGN | .999 Silver Bitcoin | FREE Deluxe Display Case

The website states too

Quote
Bitcoin souvenir – stunning .999 silver souvenir




R


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Eclipse33
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September 10, 2023, 04:09:16 PM
 #8

From a design perspective, this is a really ugly and unprovoking coin.

The poor thing looks like it was made by a three-year-old (no offence three year olds)

The COA is pretty bland and so is the hologram.

I would not touch this project.




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September 11, 2023, 03:06:37 AM
 #9

I guess having a limited minting counts for something; imo this is crucial to being counted as a physical Bitcoin. But kinda funny that they stress “ONLY” 5000 will be minted.

Beware of scammers. I will never discuss the sale of Collectibles on Telegram or any other messaging client outside the forum.
Eclipse33
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September 11, 2023, 01:09:44 PM
 #10

I guess having a limited minting counts for something; imo this is crucial to being counted as a physical Bitcoin. But kinda funny that they stress “ONLY” 5000 will be minted.

If these are .999 silver, a 5000-coin mintage is a huge undertaking.

Some of the forum mints are only a few hundred.

Somebody is devoting at least $150k to this poor looking mint design.

Whoever is minting these has seriously gone on an undertaking. 


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minerjones
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September 11, 2023, 01:15:49 PM
 #11

I guess having a limited minting counts for something; imo this is crucial to being counted as a physical Bitcoin. But kinda funny that they stress “ONLY” 5000 will be minted.

If these are .999 silver, a 5000-coin mintage is a huge undertaking.

Some of the forum mints are only a few hundred.

Somebody is devoting at least $150k to this poor looking mint design.

Whoever is minting these has seriously gone on an undertaking. 


Maybe they only mint XX amount of coins at a time?
From the post above, looks like they are just silver plated, so even if they had all 5000 coins minted at once, would not be that much to make that many plated-alloy coins

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September 11, 2023, 01:25:28 PM
 #12

This does seem suspicious.

I own one. I regretted  buying it before you shared this news. It's just never going to be worth anything and it has a sad spirit, in that it has no connection with or commitment to bitcoin; Hatton is just selling crap they they plaster the Bitcoin symbol on.

after digging thru my database - I have located where I got mine. From you lol it was a huge lot of items

https://bitcointalk.org/index.php?topic=5368289.0

Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480
All Bitcoin 3D printing needs at CryptoCloaks
minerjones
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September 11, 2023, 01:40:25 PM
 #13

This does seem suspicious.

I own one. I regretted  buying it before you shared this news. It's just never going to be worth anything and it has a sad spirit, in that it has no connection with or commitment to bitcoin; Hatton is just selling crap they they plaster the Bitcoin symbol on.

after digging thru my database - I have located where I got mine. From you lol it was a huge lot of items

https://bitcointalk.org/index.php?topic=5368289.0

We can test the coin next we meet with my Sigma Metalytics tester!! Cheesy

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September 11, 2023, 01:43:53 PM
 #14

This does seem suspicious.

I own one. I regretted  buying it before you shared this news. It's just never going to be worth anything and it has a sad spirit, in that it has no connection with or commitment to bitcoin; Hatton is just selling crap they they plaster the Bitcoin symbol on.

after digging thru my database - I have located where I got mine. From you lol it was a huge lot of items

https://bitcointalk.org/index.php?topic=5368289.0

We can test the coin next we meet with my Sigma Metalytics tester!! Cheesy

will bring it with me then. Smiley

Mine BTC @ kano.is
Offering escrow services https://bitcointalk.org/index.php?topic=5154480
All Bitcoin 3D printing needs at CryptoCloaks
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