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 Replies: 68 / Views: 7,200 |
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Pillar of the Community
United States
1801 Posts |
Try taking the 1894 to a jewelry store and ask them to please weigh it for you. You need an accurate weight to help determine if it is real. Great score if the coin is real. Jewelry stores tend to have very accurate scales and most will be happy to help you out in hopes of earning your business in the future.
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Pillar of the Community
United States
1511 Posts |
I agree that if you have the time to wait for the turnaround sending the 1894 to a TPG'er would be your best bet... Both for resale and for your personal reassurance in authenticity.. Because as mentioned they are counterfited and altered often. If you choose to stick around here for a while once you have enough posts you can list and sell on here... Just another option for you... And there's always ebay... As mentioned dealers will only pay a fraction of what a collector would, but in any case getting it TPG'ed should be your first step, although it might take a little while.. Just a thought, but even if the 1894 is validated you might want to consider keeping it.. It would be an amazing start to coin collecting! Unless of course you really need money... But again it would be a great start to coin collecting.. That's one of the harder Morgan's out of the way right from the get go... |
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Valued Member
United States
380 Posts |
You can get a pocket scale from ebay for about 20 bucks that work pretty well. The top grading services are going to charge you about 30 dollars to grade it. For that coin, I would definitly send it in. That way you'll get the most out of it. |
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New Member
 United States
28 Posts |
Ok I have taken my two Morgan coins to two coin dealers. Here is what I got do far:
- a coin dealer in Va initially offered me $600 for the 1894 coin and $35 for the 1879 coin. Then he looked into some little book and said the 1894 coin don't look real since the dash mark in the liberty area wasn't the same as in the book. This guy wasn't the shop owner he was filling in so I need to go take to the owner.
- just now I went to a dealer in sc he offered me $35 each for both. Didn't look it up on really inspect it. Guess he thought I was a easy robbery? He claim the 1894 is not worth much because of the condition and its worn down. I left without fight because he was disrespectful in my eyes.
I will go to another one tomorrow and see what he thinks.
Ok how should I go about seeing how much they will offer without seeming I am clueless ? Tips anyone.
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New Member
United States
29 Posts |
35$ for the 1894? I really hope he offered that because he forgot that it was a key date, and not trying to scam you. Keep checking around and hopefully get it graded.
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New Member
United States
28 Posts |
Tried to scam me. I didn't say I knew what it was.
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Pillar of the Community
United States
814 Posts |
Curious if you have tried the magnet test yet? If either of those coins sticks to a magnet it is fake.
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New Member
United States
28 Posts |
No I haven't. I didn't know about that
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Pillar of the Community
United States
814 Posts |
Any magnet will work. Let us know how it goes!
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Pillar of the Community
United States
1388 Posts |
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Pillar of the Community
United States
2311 Posts |
 This is one weird thread. I would hate to see this coin be fake. It seems he cares more about the money it's worth than having the coin. But I don't blame him. He really should send it to one of the coin grading place. They will grade it and tell if it's real. Once the coin has the REAL grade he could easily sell it on ebay or something. Selling it to a coin dealer isn't the best. |
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Valued Member
United States
380 Posts |
Not everyone cares about hoarding coins. (My Precious) To some people they are just an investment. To me they are both.
Most of my coins all I care about is the money they are worth.
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Pillar of the Community
United States
3755 Posts |
Quote:
just now I went to a dealer in sc You drove to SC from Ashland? Dude, thats a heck of a trip considering there are tons of shops in the Richmond area. Regardless, as has been said repeatedly, you need to send that coin into ANACS and be done with it. We can look at pics all we want to, but we can't be sure. And if you don't know the shop, you are taking a chance going there as well. The TPG is really your best bet. |
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New Member
United States
28 Posts |
smokeriderdon - Ok I am moving to Ashland this weekend. I have been back and forth because my wife is already moved so that is why I have been in both states.
solotime - Like I said previously I am not a coin collector so I am not sure if I would like to keep them or sell them. I will find out soon if the coin is real or not. I havent had the time to take it to some other guys in the Richmond area.
I am on here asking for advice and suggestions.
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Pillar of the Community
United States
3755 Posts |
Quote:
I am moving to Ashland this weekend. I have been back and forth because my wife is already moved Ahhhh, that would explain that. It just seemed an awful long distance to go. LOL Quote:
I am not a coin collector so I am not sure if I would like to keep them or sell them That makes it even more imperative that you send it in to get graded. Many people will not touch that coin without it being graded/authenticated. Selling a key date like that as a raw coin is difficult at best. |
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Replies: 68 / Views: 7,200 |
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Posted 12/23/2012 3:20 pm
