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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading

1886 S Morgans Was I Duped?

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Author Replies: 8 / Views: 128Next Topic  
pompeii
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Hi I just got finished buying some dollar coins from my bank and I got 2 1886 S Morgans I was shocked and happy to get them.
I get home and turn it over and 1st thing I see it says COPY under IGWT. I weighed them and they came in at 18 grams and they are magnetic.
So I guess my bank got swindled and they passed on fake coins to me? Is there any value or completely worthless I assume? So disappointed ><

1886-S-Morgans-Was-I-Duped?
1886-S-Morgans-Was-I-Duped?
mrwhatisit
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Ugh, , I know the feeling of that at times... Yes, these are unfortunately counterfeit/fake. So your bank definitely got swindled because they probably didn't know better themselves. Completely worthless, but at least you could show these off as a teaching opportunity to help others.
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pompeii
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Yea. I just never thought a bank gets faked out. I assumed they have some kind of weight checker or something that sniffs them out. Good to know. Thank you for your response.
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Errers and Varietys
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Bummer.
Errers and Varietys.
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adam126402
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Buying Morgan dollars from a bank? Did you pay $1 for each.

This seems quite strange.
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ijn1944
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Don't run into this often. Yikes!
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pompeii
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Yes I asked if they had any dollar coins and they had 7 I got for 7 bucks and these were 2 of them.
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pompeii
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The other 5 were eisenhowers 2 1776-1976 and 3 regular 70's. I guess its not a big deal since I only lost 2 bucks on the transaction lol
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Greasy Fingers
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For 2 dollars I'd be happy with them.
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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading



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