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One Of A Kind Morgan? Or Bad Counterfeit?

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zjw5707's Avatar
United States
7 Posts
 Posted 03/12/2016  1:17 pm Show Profile   Bookmark this topic Add zjw5707 to your friends list Get a Link to this Message Number of Subscribers
Good evening gentleman.

Today, a very interesting specimen for you to examine, I'd like some opinions on.

I've gone to multiple coin dealers, and done lots of research online and can't find anything about this.

This leads me to thinking there remains two options: This Morgan is a beautiful one of a kind coin you dream of finding, or it's a complete fake.

Some coin gurus I brought it to suggested it might be the original cast they used to make all of the other Morgans that year that the mint was never supposed to release?

I don't believe it's a counterfeit, how could anyone think this coloring would fool anyone? I'm not sure. It's also extremely detailed and shows lots of signs of aging and wear/tear. Maybe it's just a homemade paperweight from the 1800s?

I got this coin for free so I'm not really worried about it either way. However, it would be nice if this was a million dollar one of a kind original :)

Share your thoughts!

Some facts:
1.) Non-magnetic
2.) "BAD" is stamped on both sides


One-Of-A-Kind-Morgan?-Or-Bad-Counterfeit?

One-Of-A-Kind-Morgan?-Or-Bad-Counterfeit?

One-Of-A-Kind-Morgan?-Or-Bad-Counterfeit?
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Cascade's Avatar
United States
7390 Posts
 Posted 03/12/2016  1:30 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Huh, yes it is a counterfit. But here's the twist.... I think it could be a contemporary circulating counterfit made to pass as money back in the day however a a shopkeeper, casino or some other person identified it as such and stamped it with the word "bad" on both sides. If this was a modern with a modern stamp the word "copy" would be used, not "bad". This is a very intestine piece! And if I'm right it does have some value but not the million dollars you think. More like $50 +/-

So I'm going with contemporary circulating counterfit with period identification counterstamp

I could be wrong though of coarse but it is a counterfit
Edited by Cascade
03/12/2016 1:32 pm
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zjw5707's Avatar
United States
7 Posts
 Posted 03/12/2016  1:38 pm  Show Profile   Bookmark this reply Add zjw5707 to your friends list Get a Link to this Reply
Wow, that's really interesting.

Thanks for the insight. Doesn't ebay have rules against selling counterfeits? I wonder where the best auction/listing to post this would be, any thoughts on resources?
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nss-52's Avatar
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54283 Posts
 Posted 03/12/2016  1:41 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply

Quote:
This is a very intestine piece!


It does look like it has been through a digestive system.
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Edited by nss-52
03/13/2016 07:21 am
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Cascade's Avatar
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7390 Posts
 Posted 03/12/2016  2:33 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Haha. Funny nss!

Yes, contemporary counterfits are banned by default on ebay as if ypu put the word "counterfit" on the title the bot will flag and remove the listing. Usually the contemporary counterfits I see on ebay have "C.C." or "CC" or both in the title as those in the know know what it means.

Although it's risky as if it gets removed that's a ding on your account.

Let's wait for confirmation by other members of my theory though.
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nss-52's Avatar
United States
54283 Posts
 Posted 03/12/2016  10:57 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
It looks to me like the BAD stamp was put on AFTER the coin was "corroded" and/or worn. It is nice and sharp, unlike the features on the rest of the coin. This is particularly noticeable on the reverse, where the interior of the letters are smooth.

I also, perhaps, detect some brass color in the BAD on the reverse. Is that there, or is the lighting?
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Valued Member
United States
265 Posts
 Posted 03/12/2016  11:12 pm  Show Profile   Bookmark this reply Add Brushy Bandit to your friends list Get a Link to this Reply
Bad
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United States
171 Posts
 Posted 03/13/2016  04:39 am  Show Profile   Bookmark this reply Add dcarr to your friends list Get a Link to this Reply
It could be a genuine coin that was in a fire.
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GR58's Avatar
United States
11951 Posts
 Posted 03/13/2016  07:53 am  Show Profile   Bookmark this reply Add GR58 to your friends list Get a Link to this Reply
It looks like a poor cast fake to me, how much Does it weigh?

Who ever put "BAD" on it did a good job. All the letters line up.
Maybe it tool/stamp that was used had the complete word.
The counter stamped coins I have seen usually have a damaged
spot opposite of the stamping.

I find it curious,,why stamp it,,why not just get rid of it?

If there is a expert here on contemporary counterfeit coins,I am
Interested in what they have to,say.
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moxking's Avatar
United States
17900 Posts
 Posted 03/13/2016  12:44 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
I would agree that it appears to be a relatively poor cast counterfeit that was probably contemporary to that period of use. The BAD preceded COPY and was often used at casinos to permanently mark a counterfeit. These were kept as proof of loss for tax purposes and usually sold as scrap metal thereafter.
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Darth Morgan's Avatar
United States
2815 Posts
 Posted 03/13/2016  10:31 pm  Show Profile   Bookmark this reply Add Darth Morgan to your friends list Get a Link to this Reply
Yes, it looks like a cast copy to me as well. Any chance you could get some pictures with better lighting? We could then assess the coin more appropriately. Also, the pictures are "stretched" on my device- not sure about everyone else.
Edited by Darth Morgan
03/13/2016 10:33 pm
Valued Member
United States
149 Posts
 Posted 03/14/2016  5:01 pm  Show Profile   Bookmark this reply Add messydesk to your friends list Get a Link to this Reply
Can you weigh it?
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zjw5707's Avatar
United States
7 Posts
 Posted 03/16/2016  02:30 am  Show Profile   Bookmark this reply Add zjw5707 to your friends list Get a Link to this Reply
Thanks for the tips everyone. That makes a lot of sense.. in person, it looks much like iron. But isn't iron magnetic? This piece is non magnetic.

Much history in this piece for sure. It's come a long way.

How interesting would it be if this was actually a legitimate Morgan that WAS in a fire and was wrongly labeled counterfeit, now THAT would be interesting, ha!

Anyone agree with Cascade's appraisal of around $50? If so, I'm wondering if anyone has any resources regarding where I could sell this, as ebay has rules against selling counterfeit coins.

I'll weigh the coin and post the number when I get access to a scale.

Thanks everyone!
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