Fraud in Ads Anywhere. Lying ads, Internet, TV, Radio..etc. What are the worst ?

[Art_from_Ark]

11. I checked out the Franklin Mint's web site

You're right-- two Morgan dollars (first and last years of issue) for $199.99

If-- and this is a big IF-- the condition of the coins in the pictures (MS-65+) represented the actual condition of the coins -- then the price might not be so bad, since an MS-65 1878-S Morgan dollar (the date and mintmark in the picture) in a 1st tier grading service holder (PCGS, NGC) is retailing for around $300. Also, there are some 1878 varieties that are worth substantially more than common ones. For example, an 1878 8 tail feathers in MS-61 in a PCGS or NGC holder is retailing for around $190. However, there is no mention of mintmarks or condition.

So, you get the first year of issue, which is going to be a crap shoot. In all likelihood, it would be a F-VF common variety which, as you mentioned, would be worth around $20.

For the last year of issue (1921), you get the most common date, which is still quite common despite all the meltings and can be bought at nearly any coin shop. In circulated grades, it is also a cheap coin.