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 Replies: 22 / Views: 3,048 |
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Pillar of the Community
United States
2189 Posts |
This coin looks all wrong to me, in fact a few coins this seller has listed look off. is it me? 231301634726It's up to 3,700. |
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Valued Member
United States
374 Posts |
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Forum Kid
Canada
1074 Posts |
ya I know your concern, it looks to be as if it has been cleaned but I am not sure, the tiny scratches are an indicator and the dirt in the letters indicates too!
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Valued Member
United States
320 Posts |
Is it being raw a problem only because of forgeries? Honestly I dont like it. And I dont even know that much lol. I actually bought a bunch of fake morgans from china before. In all different circulations to study and this looks like them. Ill post pics when I get them. I paid about $20 for 13 different ones imcluding some cc's. Again, solely to study fakes vs real. 2 are made of silver and the rest are non magnetic. Unreal
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Pillar of the Community
 United States
2189 Posts |
First off, I don't think it is genuine. 2nd the seller does not seem to know coins and this coin is definitely not uncirculated as stated in the listing,(BU)
the date looks off, the surfaces look grainy to me.
the other coins look odd also, 1883cc and the 1894.
I am no expert, maybe one the CCF Morgan experts can confirm.
Edited by RK55
08/10/2014 8:14 pm
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Valued Member
United States
320 Posts |
First one is g6, second is xf? Big difference I think. Like the other post said, it was prob cleaned if real. Just dosent have that patina look   |
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Pillar of the Community
United States
2815 Posts |
I also bought a grouping of fake Morgans in order to study the differences. Needless to say it was a good investment. Now I can usually spot these even at a glance. This one actually looks like a Chinese fake that that has been cleaned *again* in order to hide the fact that it is a fake. That's just a thought. I can't be sure. Here is a fake 1893 that I have in my possession. The reverse has a CC mm, so I didn't include it.  |
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Pillar of the Community
United States
4692 Posts |
There is no reason a coin valued at $1000+ should not be in a TPG holder. Even if it only grades "details". |
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Pillar of the Community
United States
2543 Posts |
Quote:
A raw coin for $4000+? A very sought after coin. Littleton has a VG for $5000. Heritage sold a MS67 a couple of years ago for $546,250. This one looks real enough but obviously cleaned. I would say $4000 is about right for this coin in details grade. |
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Pillar of the Community
United States
4416 Posts |
This looks like a fake to me, as does the 1894. I'm skeptical about the CC, too.
On the original 1893-S, there is a dentil positioned squarely below the 1 in 1893. The dentil below the 1 here is off-center.
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Rest in Peace
United States
10625 Posts |
There's an outside chance that the '97-O is real. The rest are definitely chinese junk. Where do these people come from that are bidding on this crap?  |
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Pillar of the Community
United States
5854 Posts |
I wouldn't touch any morgan the seller is selling with a ten foot pole.
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Pillar of the Community
Canada
4944 Posts |
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Pillar of the Community
United States
7618 Posts |
All of the coins he has listed look questionable to me.
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Valued Member
United States
374 Posts |
"A very sought after coin."
My point about it beng raw, was that, if this coin is real, and it is worth $10,000 up or more graded, someone would definitely have it graded these days. The act of having it graded will greatly increase it's value
Just by logic, something is off with the listing. I really can't believe people are bidding on it.
I personally collect lower end stuff, and it does not make much economic sense to grade a $20 coin. It would be hard to recoup the grading fee. There is less of a market to pay $40 or $50 for a coin that would be $20 raw.
However I think there likely is a market to pay a few dollars (or even a few hundred) more on a $1000+ coin to make sure it is real and resellable. Especially a extremely rare mint marked coin.
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Pillar of the Community
United States
7618 Posts |
In these situations the Seller knows very well that the coin listed is a replica. If the Buyer calls him out on it he will just say, "oh I'm sorry, I didn't know (or some crap like that), please return the coin and I'll refund your money". On the outside chance that the Buyer is a newbie, uneducated and wouldn't know a counterfeit from a hole in the ground, the Seller has reeled in his intended target. The Buyer doesn't complain because the Buyer doesn't know what he has been sold. The return clock at ebay is running and may expire before the Buyer finds out he has been shafted. Especially if he sent his ebay "treasure" in for TPG. These type of Sellers know exactly what they are doing and how to work the system to their advantage. ebay lets it happen cause they are raking in huge fees. If the Seller gets busted they just resurface under a new ID. It's a sad situation. |
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Replies: 22 / Views: 3,048 |
Posted 08/10/2014 8:00 pm
