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 Replies: 17 / Views: 2,575 |
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New Member
 United States
5 Posts |
Thank you for getting this post in the right spot. I'll try a few more pics but it's difficult keeping under 300kb   |
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Moderator
 United States
14463 Posts |
it does look like a proper O mintmark. Looks like it and the D took a hit from something. Here is the CCF Free Image Optimizer that might help with file sizes. |
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New Member
United States
5 Posts |
Thanks for the quick replies. I will try the optimizer tomorrow when on PC. I couldn't get the image to save on my phone.
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Pillar of the Community
United States
4883 Posts |
First off, welcome.
Given the scarcity and high value of a mint state 1886-O, I'm immediately suspicious that this may be the result of somebody's (inept) attempt to forge one. I see what looks like some doubling on the "D", "O" and the top of the bow. Also, the dentils appear marred. This is a coin that needs to be examined in great detail to see if the dies can be attributed to strikes emanating from Philadelphia, which if such can be established, would put a stamp on my speculation.
Colligo ergo sum
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New Member
United States
5 Posts |
Thanks Lucky... that is what I was afraid of. I plan to take it to a local coin shop just to confirm. It doesn't look like other "O" coins I've purchased but for $20 I figured it was worth a shot.
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Pillar of the Community
United States
1450 Posts |
If you want to collect Morgans in the MS64-MS65 condition you better do a gut check regarding your wallet. I got an 1895-O and bidding on 1983-O in AU condition and it will cost me three thousand dollars. The same coins in MS64 would cost about $100,000. Now you can just cherry pick and it will still cost a fortune to the key dates in MS condition.
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Rest in Peace
United States
10625 Posts |
By the location alone I can tell you it is not a mint mark. There is neither a New Orleans or San Fransisco issue with the mint mark set that low. And  to CCF. Edited by dave700x
07/14/2017 12:59 pm
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Pillar of the Community
United States
6370 Posts |
Could be an applied mintmark. Dunk it in acetone, and it should come off.
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New Member
United States
5 Posts |
Thanks all. I realize I won't get a complete collection of 64&65s but I figured if I'm able to get several in the $200 range and occasionally spring for the $800-$1k coin that would be good enough for me.
I'll try the acetone trick to see if anything happens. Thanks again!
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Pillar of the Community
United States
3210 Posts |
Looked like an altered coin with an added mintmark
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Pillar of the Community
United States
1450 Posts |
You can probably buy 30 Morgans in MS64 for less than $100 each to start off your set. I would also buy them slabbed and certified since it cost about the same as for raw coins. When you pay more than $1000 per coin I drop back to find nice AU coin.
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Pillar of the Community
United States
7390 Posts |
Soak it in acetone and pike it with a stick. I have a feeling that's an 86p as I don't believe either S or O 1886 Morgans have a known mint mark that low.
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Pillar of the Community
United States
1317 Posts |
You're sure setting the bar high, for a new coin collector. I hope you have some deep pockets. In agreement with the altered mint mark, it's off.
Best of luck!
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New Member
United States
5 Posts |
I tried acetone and a toothpick but could get anything to come off. After trying so much with a toothpick, my guess is someone hit it with something pointed and round to make it appear like an "o" mark. I still plan on taking it to local dealer to check out but based on what you guys are saying and where the placement is, it's probably a fake.
I do not have deep pockets but hopefully a lot of time! My plan is to spend maybe $2k a year. Looking at PCGS prices, I think I can get several coins each year (one every couple of months) and still not break the bank.
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Pillar of the Community
United States
1450 Posts |
There are two ideas about buying coins: The one idea is to go for the key dates first. You can't do that on $2000 a year with Morgans. What I did and what others may do is to buy the common Morgans in MS condition since you can do this for less than $100 each. You get experience buying Morgans and get to look at a lot of high grade but common coins. If I were buying online I would buy only certified coins because they are about as cheap or expensive as raw coins IMO. By the time you have 60 Morgans you will be motived to get the rest even if it takes years. I know, myself, that I will not be buying mint condition 1889CC or 1893-S coin in MS condition but maybe AU or EF down the line. I just don't want a VG key date sitting next to an MS semi-key date since they clash condition wise.
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Replies: 17 / Views: 2,575 |
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Posted 07/13/2017 10:35 pm
