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My First Proof Morgan,,, Click With Caution

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United States
447 Posts
 Posted 12/01/2012  6:08 pm Show Profile   Bookmark this topic Add CCya to your friends list Get a Link to this Message Number of Subscribers
710 pieces struck.
Someone was insanely rich and insanely in Love.

Sellers pics;
My-First-Proof-Morgan,,,-Click-With-Caution
My-First-Proof-Morgan,,,-Click-With-Caution
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rachums107's Avatar
United States
3345 Posts
 Posted 12/01/2012  6:11 pm  Show Profile   Bookmark this reply Add rachums107 to your friends list Get a Link to this Reply
...interesting. But really cool. I know some will put sad faces because they are mad someone turned a proof into a love token.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 12/01/2012  6:18 pm  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
How did they attribute this dollar as a proof?

Ed
ANA LM-3175
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ArrowsAndRays's Avatar
United States
1662 Posts
 Posted 12/01/2012  6:24 pm  Show Profile   Bookmark this reply Add ArrowsAndRays to your friends list Get a Link to this Reply
Not rich, only worth a dollar when the engraving was done. 'Proof'?
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DNA's Avatar
United States
2734 Posts
 Posted 12/01/2012  6:32 pm  Show Profile   Bookmark this reply Add DNA to your friends list Get a Link to this Reply
The obverse looks harshly cleaned.

The lavishly detailed carving on the reverse is almost certainly contemporary (late 1800's - early 1900's),
a unique piece of history in its own right, really.
You didn't have to be "insanely rich" to buy a Proof Morgan back then.
Even now, you could probably find an PR-60/62 1887 Proof Morgan for under $3000.

This is far above a contemporary "potty" Trade dollar.

Edited by DNA
12/01/2012 6:44 pm
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/01/2012  6:41 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
It's a beautiful Love Token in its' own right - excellent, professional craftsmanship.


Quote:
How did they attribute this dollar as a proof?


The die markers for Morgan Proofs are known - most of them were also used later in business strikes. For 1887, enough of the markers (VAM-32 is the Proof die pair) are known in areas on the obverse which would have survived what happened here to make positive identification possible. Not all years would necessarily have been possible, but this one was.
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basebal21's Avatar
13014 Posts
 Posted 12/01/2012  6:58 pm  Show Profile   Bookmark this reply Add basebal21 to your friends list Get a Link to this Reply
That actually is a very well done love token and appears a lot of effort was put into it.
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Windycity's Avatar
United States
366 Posts
 Posted 12/01/2012  7:01 pm  Show Profile   Bookmark this reply Add Windycity to your friends list Get a Link to this Reply
Nicely engraved. Interesting piece.
Valued Member
United States
61 Posts
 Posted 12/01/2012  7:11 pm  Show Profile   Bookmark this reply Add easj3699 to your friends list Get a Link to this Reply
i was actually looking at proof morgans on the bay last night you can get some nice ones for around 1500
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 12/01/2012  7:14 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Odd question: Was there an "accepted order" of overlap which would allow someone to translate the initials in proper order?
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vermontensium's Avatar
United States
16679 Posts
 Posted 12/01/2012  7:33 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
Very well done engraving! Cool pickup.
swcoin.ecrater.com
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Jaymon74's Avatar
United States
844 Posts
 Posted 12/01/2012  7:35 pm  Show Profile   Bookmark this reply Add Jaymon74 to your friends list Get a Link to this Reply
So as far as "Love Tokens" are concerned, would that cleaning effect the value?
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mds308's Avatar
United States
1721 Posts
 Posted 12/01/2012  8:01 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
I've been buying and selling love tokens since I learned about them in the late 1980's. This is a great way to cherry pick your local B&M. In the last month I've bought three and almost doubled my money. Some coin guys treat love tokens like the plague. Take their ignorance to the bank. If you have never seen or heard of these, be sure to look at some on ebay. There are ones with artwork that is unbelievable.

The B&M near me has a Seated half dollar love token but someone has added to the artwork with random deep scratches.
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mds308's Avatar
United States
1721 Posts
 Posted 12/01/2012  8:14 pm  Show Profile   Bookmark this reply Add mds308 to your friends list Get a Link to this Reply
Jaymon74,

I would say maybe because this hurts eye appeal. Just like any antique, a harsh cleaning is almost always bad. However, their is no set values for these things so they'll bring what somebody is willing to pay. And in some cases it's a lot.
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Bryan1315's Avatar
United States
14454 Posts
 Posted 12/01/2012  8:40 pm  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
that one should be SPL I think. The initials goes the Middle is the one the represents the Last name, the others the first latter will look like it is in front of the second letter in this case it would be S in front of the P. This is how I would translate these initials anyway


On this one my question is what in the world is that on the tip of the L, I have no idea what that is supposed to represent, was thinking JR or something but I don't see a "J", just the R
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coinsearcher83's Avatar
United States
1358 Posts
 Posted 12/02/2012  12:21 pm  Show Profile   Bookmark this reply Add coinsearcher83 to your friends list Get a Link to this Reply
I'm thinking SRL. The shading in the object under the right of the 'L' matches the shading on the letter that looks like a P.
That thing is awesome.
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