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 Replies: 17 / Views: 4,092 |
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Pillar of the Community
Israel
2420 Posts |
It may look real, but there's no way one should pay 2500$ for a coin based on this pictures.
If not slabbed, I'd like to see much better photos of the coin before I even consider making an offer.
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Rest in Peace
United States
10625 Posts |
Looks ok from the photos and the price is right. I would need to see the diagnostics in Liberty before buying a raw 93-S though.
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Pillar of the Community
United States
2543 Posts |
Looks real to me, the common counterfeit is the " aftermarket " S .
Price seems okay. You can say too much for a raw coin, or what a deal this is going to be after I spend $30 to have PCGS gade it .
Edited by denco7
04/03/2013 5:35 pm
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Pillar of the Community
United States
6396 Posts |
If counterfeit, it's at least not a grossly obvious one.
The S mintmark looks small to me; the 1893-S Morgans I've seen have a large, somewhat blocky S while this one looks smaller and more rounded. That could mean it's an added mintmark alteration, or I could be completely wrong.
The reverse rim dent is pretty big and should reduce the potential value.
Unless I had the chance to carefully examine the coin in person, I would not risk buying a raw 1893-S. As the key date in a very popular USA coin series the incentive to "fake it" is extremely high and the counterfeiters are ingenious. $2500 will easily buy you a slabbed, no-problem VG-8 example from Heritage based on recent auction records. If you want this date that's where I would be shopping.
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Pillar of the Community
United States
3283 Posts |
"based on the picture"
I would say it's good also, we've all seen Morgans with
that patina but 'the picture' is not enough to go on with a coin like this.
To state the obvious.
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Pillar of the Community
United States
1812 Posts |
It looks like it has some rim damage on the reverse at K5.
Edited by Broken-Coin
04/03/2013 1:37 pm
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Valued Member
 United States
243 Posts |
Thanks for all the responses. I just was curious as I can't say for sure either way myself.
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Bedrock of the Community
United States
17884 Posts |
I don't think you can make a definite yes or no decision on authenticity based on those images.
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Valued Member
United States
159 Posts |
 I would really be careful on this one. Maybe you could try to get the seller to send it off to a TPG. I wouldn't buy a coin of this caliber on craigslist if it wasnt slabbed. |
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Valued Member
United States
73 Posts |
I only have one 93s(IGC VG8) and dont consider myself expert,I do have a couple years of looking at 93s and 94 coins and one thing I know for sure is when you get up around a $1000 there is ALWAYS a reason those coins are not already in a slab! It has some kind of problem and has been bodybagged previously. Sure Grandpa may have left in in the cabinet all these years and its as real as rain but how often does that happen?
Any coin that costs more than I normally might have in my wallet I go to a trusted local dealer or Heritage or more likely Teletrade.
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Valued Member
United States
243 Posts |
I agree there is a reason that it is not slabbed already most likely. Always have to be careful, I'll pass on this one.
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Pillar of the Community
United States
2543 Posts |
Quote:
Sure Grandpa may have left in in the cabinet all these years and its as real as rain but how often does that happen? But ............. conversely, that is exactly the way it happens. How many times have you asked the guy driving the classic '58 Corvette, where he got the car ? " I answered an ad for grampa's old Chevy in the barn. " With the biggest risks, come the biggest rewards. Isn't that a goal of most of us here, educate ourselves to the point where we are confident that we can pick the treasure from the junk. Edited by denco7
04/07/2013 7:53 pm
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Moderator
 United States
16679 Posts |
If it's not certified by PCGS,NGC, or ANACS, avoid like the plague, especially on Craigslist.
swcoin.ecrater.com
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Pillar of the Community
United States
4421 Posts |
I'm with Jaobler and Vermontensium on this one. The apparently small size of the mintmark gives me pause, too.
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Pillar of the Community
United States
624 Posts |
Sometimes pictures don't tell the whole story. If it's possible to examine the coin before you pay the money, it might be worth a little effort. Also, if the buyer refuses to allow an examination, it pretty much says he's hiding something.
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Replies: 17 / Views: 4,092 |
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Posted 04/03/2013 07:28 am
