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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: 2 / Views: 27Next 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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All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coin Grading



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