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Polished Morgan Dollar: Yay Or Nay?

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Anjohl's Avatar
Canada
815 Posts
 Posted 11/09/2012  01:38 am Show Profile   Bookmark this topic Add Anjohl to your friends list Get a Link to this Message Number of Subscribers
Poll Question
I bought this as my "representative" of the Morgan, and I thought it was uncirculated. The ebay picture was not very representative, and what I got was a polished coin. I am very unhappy with it. I paid $35 for it, and while it doesn't appear to be terribly worn, I hate looking at it.

Am I overreacting? Should I replace it later?

Polished-Morgan-Dollar:-Yay-Or-Nay?

Poll Choices
 Sell and replace
 Keep
 Replace at lesiure

Edited by Anjohl
11/09/2012 01:44 am
Pillar of the Community
United States
836 Posts
 Posted 11/09/2012  01:56 am  Show Profile   Bookmark this reply Add brenpickle to your friends list Get a Link to this Reply
Can you return it?
Bedrock of the Community
sel_69l's Avatar
Australia
21788 Posts
 Posted 11/09/2012  02:03 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If you hate looking at it, you will never be happy with it. Sell it, and use the proceeds to get another one when it suits you to do so. That's just common collector psychology, which I seem to share with you. In the meantime, just forget about it.

I collect World coins, ancient to modern, and I have just one representative Morgan in it, in MS60, or perhaps a tad better. I am happy enough with mine but there is nothing special about it.
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Anjohl's Avatar
Canada
815 Posts
 Posted 11/09/2012  02:40 am  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
I can't return it, or wouldn't feel right doing so, as the seller listed "appears to be cleaned" and I missed it. It's not a terrible looking coin, but I appreciate the toning on older coins a lot, unless I am going for a BU example, which is far outside my interest budget in this case.
Valued Member
henryjamesbuttons's Avatar
United States
81 Posts
 Posted 11/09/2012  06:53 am  Show Profile   Bookmark this reply Add henryjamesbuttons to your friends list Get a Link to this Reply
I dont think it was a terrible deal by any means however I understand your displeasure. Perhaps carry it in your pocket for a few years? I really dont like unnaturally toned coins but I would like to bake or soak something just to see what would happen. If you dislike it that much and were interested perhaps you can have $35 dollars of fun experimenting. Personally Id carry it it my pocket for awhile if I was as displeased as yourself. Good luck--smile--its still a Morgan!
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 11/09/2012  06:59 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
If the seller has a return policy I would return it if I was not satisfied with it. It is a damaged coin and worth melt value and not a penny more.
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Windycity's Avatar
United States
366 Posts
 Posted 11/09/2012  07:32 am  Show Profile   Bookmark this reply Add Windycity to your friends list Get a Link to this Reply
Agreed... return it if you can.
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slowaltima's Avatar
United States
203 Posts
 Posted 11/09/2012  08:06 am  Show Profile   Bookmark this reply Add slowaltima to your friends list Get a Link to this Reply
Return if you can, you will never be happy with it. Especially if the coin was not listed as being polished.
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Islander2010's Avatar
Canada
220 Posts
 Posted 11/09/2012  08:09 am  Show Profile   Bookmark this reply Add Islander2010 to your friends list Get a Link to this Reply
Just consider it a bullion purchase that you paid a bit of a premium for, and look out for another one...
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 11/09/2012  09:56 am  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
You need to ask yourself if it's worth the extra expense to either return it or sell it at an additional cost in listing, selling, paypal fees, etc...
I agree with henryjamesbuttons and think as a pocket piece you will learn to like it when you start showing it around to other people that know nothing about what older American Dollars looked like, compared to the current Dollar Coins minted...
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IndianGoldEagle's Avatar
United States
36800 Posts
 Posted 11/09/2012  10:06 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
It's a common date, you should have no trouble finding an EF or AU for under 40 bucks.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 11/11/2012  01:11 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
Return it if it hasn't been to long since you bought it. If the seller didn't state it was polished in the description or represented it as being an original coin then you definitely have a cause to return it and be haapy all you are out is the shiping both ways. A really nice common date AU can be had for about the same as you paid for this cleaned coin.

Ed
ANA LM-3175
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basebal21's Avatar
13014 Posts
 Posted 11/11/2012  01:17 am  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
I would keep it. With the cost to ship it back youll basically be getting back a little over 5 dollars over its melt value. Pocket piece would be good, bury it in the yard if you want to give it some character, rub it up or just treat it as bullion
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hesgut's Avatar
1028 Posts
 Posted 11/14/2012  7:16 pm  Show Profile   Bookmark this reply Add hesgut to your friends list Get a Link to this Reply

Quote:
I can't return it, or wouldn't feel right doing so, as the seller listed "appears to be cleaned" and I missed it. It's not a terrible looking coin, but I appreciate the toning on older coins a lot, unless I am going for a BU example, which is far outside my interest budget in this case.


I'm split on if you should return or not.

About half the people I have wanting to return a coin downright lie in what they say is wrong with it, presumably because they had buyer's remorse and don't want to admit it. I hear about ghost damage and phantom scratches....all on coins with large images and clear descriptions.

Sellers know ebay will always favor a buyer so they'll allow a return regardless of what you say. Saying it is polished is more than enough.

Years ago, before I knew that sellers don't get a fair shake, I had a buyer who wanted to return a coin of mine outside of my return policy. I declined. He opened a case and I lost of course, because my auction only claimed the coin had been "cleaned" and not "harshly cleaned" as the buyer stated. The coin actually was barely cleaned, so the guy was lying, and the picture and my description clearly stated this. The moral of the story is, you could wait well past any return policy and say whatever you wanted and never have to prove a thing and ebay would rule in your favor.

Personally, I have a low opinion of buyers who return a single coin with a proper description, as I just see it as not taking responsibility. I've made a few bad buys, but I never returned because I know it was my fault.

That being said, for your sake, if you wanted to return it, you surely can.
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Anjohl's Avatar
Canada
815 Posts
 Posted 11/14/2012  7:47 pm  Show Profile   Bookmark this reply Add Anjohl to your friends list Get a Link to this Reply
I posted it on a local free classified site just as a test, and I might have a buyer. I suspect he thinks it might be an 1883-C, as opposed to an 1883-S though.
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mds308's Avatar
United States
1721 Posts
 Posted 11/14/2012  8:11 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
If I were you, I'd wait and see what happens with silver. When silver goes up, and it more than likely will, then sell. You know our creed: buy low, sell high.
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