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Just Bought This Morgan, What Do You Think?

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colu41's Avatar
United States
376 Posts
 Posted 07/06/2012  4:23 pm Show Profile   Bookmark this topic Add colu41 to your friends list Get a Link to this Message Number of Subscribers
Just-Bought-This-Morgan,-What-Do-You-Think?
Just-Bought-This-Morgan,-What-Do-You-Think?

A very beautiful coin. Has a nice luster to it still.

I just thought it was in great condition for its age and at $22 I couldn't pass it up!

Any thoughts?
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paleoguy45's Avatar
United States
2936 Posts
 Posted 07/06/2012  4:37 pm  Show Profile   Bookmark this reply Add paleoguy45 to your friends list Get a Link to this Reply
I'll defer to the experts on Morgans, but a couple of things don't quite ring my chimes. The denticles aren't uniform, especially on the reverse and the font might be a bit off to these old eyes. At a minimum it's been polished. Have you weighed the coin? In XF/AU condition it should be very close to 26.7 grams. Also give it the magnet test. PG
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cjtm92's Avatar
United States
140 Posts
 Posted 07/06/2012  4:44 pm  Show Profile   Bookmark this reply Add cjtm92 to your friends list Get a Link to this Reply
I don't think it's a fake, I think the camera's focus blurs the denticles in some areas and doesn't in others. It does look like it has been polished, or even perhaps plated (most likely polished). Just out of curiosity, how much did you pay?
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/06/2012  4:49 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Well I had no doubt it wasn't authentic. I was just worried to hear that it may have been polished. It weighed in at 26.79.

And I payed $22 for it!

My local shop currently charges $22 for all Morgan and Peace dollars.

Guys in the Precious Metals and Bullion forum don't believe the price but, it is. I bought an 1899 and 1896 Morgan and a 1925 Peace today.
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/06/2012  4:59 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
BTW, the pic was taken with my phone. So the focus and whatnot is not perfect. Coin does look a bit different in person.
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trout1105's Avatar
Australia
7096 Posts
 Posted 07/06/2012  5:04 pm  Show Profile   Bookmark this reply Add trout1105 to your friends list Get a Link to this Reply
I would buy Morgans and Peace dollars at $22 in a heartbeat.
Nice pick ups
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United States
3184 Posts
 Posted 07/06/2012  5:44 pm  Show Profile   Bookmark this reply Add mkman123 to your friends list Get a Link to this Reply
polished? Still a good price
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colu41's Avatar
United States
376 Posts
 Posted 07/06/2012  5:47 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Price is definitely worth it. Kind of sad that this one has been deemed polished. But at the shop I had first glance at it and bought it lol.
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52Raymo's Avatar
United States
8516 Posts
 Posted 07/06/2012  6:40 pm  Show Profile   Check 52Raymo's eBay Listings Bookmark this reply Add 52Raymo to your friends list Get a Link to this Reply
Probably get a lotta money for it on ebay.
Oregon coin geek.....*** GO BEAVS ! ! ! ***
Valued Member
colu41's Avatar
United States
376 Posts
 Posted 07/06/2012  6:46 pm  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
Already put it up. lol. Keeping the 1896. But definitely going to get rid of this one. If I make a buck I make a buck. But at that price I'm guessing I might make a few. Trying to sell some junk I have to cash in to some .999....
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ArrowsAndRays's Avatar
United States
1654 Posts
 Posted 07/06/2012  9:02 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
You paid melt for a $30ish coin - not bad, if it is real!
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IndianGoldEagle's Avatar
United States
36724 Posts
 Posted 07/06/2012  9:13 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Excellent buy even though it has been cleaned! You need to make another trip back to the dealer and pick up more at that price.
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M0nks's Avatar
United States
1770 Posts
 Posted 07/06/2012  9:54 pm  Show Profile   Bookmark this reply Add M0nks to your friends list Get a Link to this Reply
22 dollars nice!! picture does make it look like its plastic haha, id pick up all they had for that price
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colu41's Avatar
United States
376 Posts
 Posted 07/07/2012  12:12 am  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
They only had 6 or 7 left when I went there today. Most in pretty bad shape. One completely black can barely read it. One had a thick white haze over it. (Obviously dipped cleaned). At least mine was possibly just polished lol. But the other 4 or 5 weren't bad. May go back tomorrow.
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colu41's Avatar
United States
376 Posts
 Posted 07/07/2012  12:14 am  Show Profile   Bookmark this reply Add colu41 to your friends list Get a Link to this Reply
BTW, the one in the pic already sold on ebay for $33. I'm keeping the 1896 I got though. Looks like I'm going to buy some more.
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harrison2's Avatar
Mexico
1304 Posts
 Posted 07/07/2012  12:26 am  Show Profile   Bookmark this reply Add harrison2 to your friends list Get a Link to this Reply
I want to know what type of phone takes a macro photo that clear!
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