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 Replies: 33 / Views: 4,644 |
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Pillar of the Community
United States
8715 Posts |
These are well-known fakes. Both have discrepancies in details when compared to the real thing, as pointed out by nss-52 and Slider23.
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Pillar of the Community
United States
3210 Posts |
Fake. Both have funny dates especially 1893, denticles are off, details looks mushy and inconsistent. Run away from these.
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Valued Member
United States
171 Posts |
Perhaps your friend was taken originally when buying them. If the coin shop supposedly has a bunch of them, then they're buying them from that unmentionable web site that sells counterfeit morgans. I would sincerely tell your friend that the consensus is that they're fakes.
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New Member
 United States
12 Posts |
Well as it turns out the coins were in fact authenticated by CR COINS in North Richland Hills TX. Yesterday afternoon the dealer from the coin shop happened upon the Offer up listing of them. The listing was $75 a piece... THE DEALER PAID $125 A PIECE AND $1400 FOR 9 OTHER MORGANS HE HAD!
Anyone got an idea as to why?
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Pillar of the Community
 United States
5675 Posts |
The question is why a dealer would pay an average of $150 each for Morgans that were offered for $75.
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New Member
United States
12 Posts |
Well if it were my guess... the dealer knew what they were. Because I know for fact he sold them for the price I mentioned!
After showing him this thread yesterday I was informed that the coins were examined with a 10x mag. This message was response to why the coin shop didn't buy them..... ""He had over 60 of them and wasn't interested in purchasing more. He said they don't sell well. He is the one who told me to use offer up. He said a collector will see these and buy them. I went to pawn shops and they only wanted the silver weight. He tested them and they are silver... the weight was correct.. and the density was correct... counterfitters don't have the same quality dies he explained to me and the metals are always softer. My coins were withing range. They are absolutely real I assure you. I understand your concern just as I am everytime I buy something but all I can do is tell you what I have. And tell you what I was told about them. I don't like being in this situation either letting my grandfather's coins go for 75 to 80 bucks but like I said I gotta do what I gotta do.""
I'm really curious if this shop is crooked or if mistakes were made here.
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New Member
United States
12 Posts |
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Bedrock of the Community
United States
36839 Posts |
Both are modern Chinese counterfeits.
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New Member
United States
12 Posts |
Indian Gold Eagle... did you read the comments made today?
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Pillar of the Community
United States
4692 Posts |
OBVIOUS FAKES. This topic has been beaten to death, the OP can believe what he wants. Why bother posting if you won't believe what those who are knowledgeable have to say?
Edited by jimbucks
11/23/2018 4:53 pm
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New Member
United States
12 Posts |
THIS OP IS TRYING TO GET ANSWERS! My apologies if I've distributed you in some way! I've read many many posts throughout this forum and have seen many DISCUSSIONS goin back and forth between individuals... so I ask you Jimbucks,at what point did you figure your opinion mattered more than the rest? Now if you wanna voice your opinion as to why the dealer bought them for $125 vs the $75 list price I'd be happy to hear. Otherwise no need in YELLING on a post you can simply pass up! Thank you!
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Pillar of the Community
United States
4469 Posts |
Here is a reverse counterfeit 1893 CC that I pulled from a Chinese website with the same die marking as the coins you posted. The coins are made from 90% silver and sell for $30.11 with shipping included.  I am not going to post again in trying to convince you the coins are counterfeit. |
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Bedrock of the Community
United States
36839 Posts |
The Chinese are also making these garbage coins in silver. A junk metal version runs around $1.50 and a silver coin made from the same dies runs just under 20 bucks. These are both counterfeit no matter what a dealer is paying for them. As to why would a dealer pay that...you'd have to ask him or her. As for these getting into a TPG slab of any of the grading services...good luck. |
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Pillar of the Community
United States
8715 Posts |
These are clearly counterfeits. If you don't believe us, have the coins graded by one of the top 4 TPGs and post a pic of the slabs.
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Bedrock of the Community
United States
17884 Posts |
Quote:
THIS OP IS TRYING TO GET ANSWERS! You've gotten good answers. you just don't want to believe them. As I said in my earlier post both of these are from the SAME rev die and that just isn't going to happen on coins struck 12 years apart. |
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Replies: 33 / Views: 4,644 |
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Posted 11/22/2018 7:36 pm
