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Ok, Sure Could Use Some Opinions About This 1878 P Morgan

 
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Author Previous TopicReplies: 10 / Views: 293Next Topic  
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 Posted 09/21/2021  5:47 pm Show Profile   Bookmark this topic Add KauaiHawaiiGuy to your friends list Get a Link to this Message
This coin is up for auction and the obverse looks to be about VF-35 while the reverse looks sorta like AU-50, but that grade is sort of irrelevant, it's what's going on under the wreath on the reverse? Is this some rare bird? (no pun intended). It's up for auction and right now the price is low but I don't have a clue what this is and if this helps or hurts value, desirable or never mind. I just have no clue.

Opinions appreciated.




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 Posted 09/21/2021  6:18 pm  Show Profile   Check Yokozuna's eBay Listings Bookmark this reply Add Yokozuna to your friends list Get a Link to this Reply
It looks like someone used a punch or maybe started to drill a hole once or twice. The displaced metal has been flattened some, so it looks to have circulated for a time after this was done.

It's not something I would want to see on my coins. No premium for PMD.
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 Posted 09/21/2021  6:27 pm  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
Honest advice: stay away from this coin.
Edited by NumisEd
09/21/2021 6:27 pm
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 Posted 09/21/2021  7:25 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
Yes looks like damage to me too.
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 Posted 09/21/2021  9:07 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Pass on this coin, please.
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 Posted 09/21/2021  9:40 pm  Show Profile   Bookmark this reply Add KauaiHawaiiGuy to your friends list Get a Link to this Reply
Well I appreciate the opinions. When I posted this here I never even thought it could be PMD, but now that this idea seems to be the consensus, I'll just leave this coin at the auction for someone else. I thought it might have been something special .............HaHa on me. Thanks all ...
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 Posted 09/21/2021  9:45 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
XF details
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 Posted 09/21/2021  10:10 pm  Show Profile   Bookmark this reply Add mrwhatisit to your friends list Get a Link to this Reply
Usually I too would stay away from a coin that has that kinda damage, but Id try to check it against vamworld.com to see if it is some kind of special VAM of the 7 tail feathers varieties... Then if it is a special VAM, I'll buy it, damage and all
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 Posted 09/25/2021  11:27 am  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
thats an odd one. if you look close at that mark it looks raised not sunk in which I would think means that it was struck like that. on first view I thought boy that looks like a messed up CC mint mark. who knows.
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 Posted 09/25/2021  12:10 pm  Show Profile   Bookmark this reply Add Zurie to your friends list Get a Link to this Reply
The inside of the circle looks deeper, so I suspect the start of a drilled hole with displaced metal that was flattened and stayed attached to the surface. Agree with damage.
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