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Has This Morgan Been Cleaned?

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Jaymon74's Avatar
United States
844 Posts
 Posted 01/09/2011  8:47 pm Show Profile   Bookmark this topic Add Jaymon74 to your friends list Get a Link to this Message Number of Subscribers
I was thinking about buying this Morgan. It's an 1890cc. The seller is wanting US$249.00 I'd like to know if this sounds reasonable. Also it ooks like it might have been cleaned?

Has-This-Morgan-Been-Cleaned??



Has-This-Morgan-Been-Cleaned??
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fenton's Avatar
United States
4989 Posts
 Posted 01/09/2011  9:18 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Ef40 detail harshly cleaned
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CanadianCoinGuy's Avatar
Canada
54 Posts
 Posted 01/09/2011  9:41 pm  Show Profile   Bookmark this reply Add CanadianCoinGuy to your friends list Get a Link to this Reply
Ya,alot of cleaning type of scrathes eh?I don't know what they go for in that shape but I would keep looking at that price....
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aladinslamp's Avatar
United States
3076 Posts
 Posted 01/09/2011  9:54 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
If you gave it to me I don't think I would want it...definitely WAY
overpriced...
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Jaymon74's Avatar
United States
844 Posts
 Posted 01/09/2011  10:04 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
That's what I was looking for. Thanks guys. I thought that maybe those tiny scratches were a hint of cleaning but wasn't positive. I'll keep looking.
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fenton's Avatar
United States
4989 Posts
 Posted 01/09/2011  10:24 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
That coin is worth $50 to $75 at auction doubt it would fetch more
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carmykle's Avatar
United States
2448 Posts
 Posted 01/10/2011  2:49 pm  Show Profile   Bookmark this reply Add carmykle to your friends list Get a Link to this Reply
That's a shame. If they had just left it alone, it would have been worth much more. It would be worth having to me so I could but it in my example collection. I'd offer him melt value.
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Morgans Dad's Avatar
United States
5650 Posts
 Posted 01/10/2011  4:37 pm  Show Profile   Bookmark this reply Add Morgans Dad to your friends list Get a Link to this Reply
IMO, Great year Morgan,Someone's poor decision to scrub the coin,NOT good Sorry......PS, It still has some monetary value, just how much, I do not know. EF40-45 details possibly (damaged).
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w1a9c8k5's Avatar
United States
1348 Posts
 Posted 01/11/2011  4:00 pm  Show Profile   Bookmark this reply Add w1a9c8k5 to your friends list Get a Link to this Reply
offer him melt value? that makes no sense
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aladinslamp's Avatar
United States
3076 Posts
 Posted 01/11/2011  11:50 pm  Show Profile   Bookmark this reply Add aladinslamp to your friends list Get a Link to this Reply
cleaned coins ruffly go for half of the graded values....common coins melt may be more than half the grade...YET a Key coin...say 1895-s AU50 might be around $380 retail,,,cleaned would be about half or $190...
So it really depends on the year and grade how it pencils out...in this case a 1890-cc in XF40 retail is about $155..half $75 is much better than melt.....But not worth buying at $250....
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Ozland's Avatar
United States
709 Posts
 Posted 01/23/2011  01:50 am  Show Profile   Bookmark this reply Add Ozland to your friends list Get a Link to this Reply
There are many people who are of the opinion that around seventy percent (70%) of raw coins sold on e-Bay are problem coins of some sort or other.

A problem coin is defined as one that would not grade with a top tier grading company.

These are the types of issues: Cleaned, environmental damage, altered dates or mint marks, artificially toned, whizzed, scratched, rim dings and counterfeit.
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