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1893 S Morgan Dollar On Craigslist

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tomtom777's Avatar
United States
243 Posts
 Posted 04/03/2013  02:36 am Show Profile   Bookmark this topic Add tomtom777 to your friends list Get a Link to this Message Number of Subscribers
Based on the pictures do you think it is real or fake?

http://sfbay.craigslist.org/sfc/clt...9681156.html

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Normic67's Avatar
798 Posts
 Posted 04/03/2013  04:26 am  Show Profile   Bookmark this reply Add Normic67 to your friends list Get a Link to this Reply
I think it is real. I also think the price is right. just an assumption though.
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Fuzzy317's Avatar
United States
14463 Posts
 Posted 04/03/2013  04:31 am  Show Profile   Bookmark this reply Add Fuzzy317 to your friends list Get a Link to this Reply
it looks real, but I think the price is high for a raw coin of that grade

correction - after checking around, the price seems okay
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supgog's Avatar
Israel
2420 Posts
 Posted 04/03/2013  06:27 am  Show Profile   Bookmark this reply Add supgog to your friends list Get a Link to this Reply
It may look real, but there's no way one should pay 2500$ for a coin based on this pictures.
If not slabbed, I'd like to see much better photos of the coin before I even consider making an offer.
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dave700x's Avatar
United States
10625 Posts
 Posted 04/03/2013  07:28 am  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
Looks ok from the photos and the price is right. I would need to see the diagnostics in Liberty before buying a raw 93-S though.
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denco7's Avatar
United States
2543 Posts
 Posted 04/03/2013  08:41 am  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Looks real to me, the common counterfeit is the " aftermarket " S .

Price seems okay. You can say too much for a raw coin, or what a deal this is going to be after I spend $30 to have PCGS gade it .
Edited by denco7
04/03/2013 5:35 pm
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Jaobler's Avatar
United States
6384 Posts
 Posted 04/03/2013  09:14 am  Show Profile   Bookmark this reply Add Jaobler to your friends list Get a Link to this Reply
If counterfeit, it's at least not a grossly obvious one.

The S mintmark looks small to me; the 1893-S Morgans I've seen have a large, somewhat blocky S while this one looks smaller and more rounded. That could mean it's an added mintmark alteration, or I could be completely wrong.

The reverse rim dent is pretty big and should reduce the potential value.

Unless I had the chance to carefully examine the coin in person, I would not risk buying a raw 1893-S. As the key date in a very popular USA coin series the incentive to "fake it" is extremely high and the counterfeiters are ingenious. $2500 will easily buy you a slabbed, no-problem VG-8 example from Heritage based on recent auction records. If you want this date that's where I would be shopping.
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upstate's Avatar
United States
3283 Posts
 Posted 04/03/2013  12:56 pm  Show Profile   Bookmark this reply Add upstate to your friends list Get a Link to this Reply
"based on the picture"
I would say it's good also, we've all seen Morgans with
that patina but 'the picture' is not enough to go on with a coin like this.
To state the obvious.
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Broken-Coin's Avatar
United States
1812 Posts
 Posted 04/03/2013  1:36 pm  Show Profile   Bookmark this reply Add Broken-Coin to your friends list Get a Link to this Reply
It looks like it has some rim damage on the reverse at K5.
Edited by Broken-Coin
04/03/2013 1:37 pm
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tomtom777's Avatar
United States
243 Posts
 Posted 04/04/2013  01:23 am  Show Profile   Bookmark this reply Add tomtom777 to your friends list Get a Link to this Reply
Thanks for all the responses. I just was curious as I can't say for sure either way myself.
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Conder101's Avatar
United States
17884 Posts
 Posted 04/04/2013  09:46 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
I don't think you can make a definite yes or no decision on authenticity based on those images.
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coinsandcoins32's Avatar
United States
159 Posts
 Posted 04/06/2013  3:41 pm  Show Profile   Bookmark this reply Add coinsandcoins32 to your friends list Get a Link to this Reply
I would really be careful on this one. Maybe you could try to get the seller to send it off to a TPG. I wouldn't buy a coin of this caliber on craigslist if it wasnt slabbed.
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goldfinger's Avatar
United States
73 Posts
 Posted 04/07/2013  5:53 pm  Show Profile   Bookmark this reply Add goldfinger to your friends list Get a Link to this Reply
I only have one 93s(IGC VG8) and dont consider myself expert,I do have a couple years of looking at 93s and 94 coins and one thing I know for sure is when you get up around a $1000 there is ALWAYS a reason those coins are not already in a slab! It has some kind of problem and has been bodybagged previously. Sure Grandpa may have left in in the cabinet all these years and its as real as rain but how often does that happen?
Any coin that costs more than I normally might have in my wallet I go to a trusted local dealer or Heritage or more likely Teletrade.
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tomtom777's Avatar
United States
243 Posts
 Posted 04/07/2013  7:23 pm  Show Profile   Bookmark this reply Add tomtom777 to your friends list Get a Link to this Reply
I agree there is a reason that it is not slabbed already most likely. Always have to be careful, I'll pass on this one.
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denco7's Avatar
United States
2543 Posts
 Posted 04/07/2013  7:50 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply

Quote:
Sure Grandpa may have left in in the cabinet all these years and its as real as rain but how often does that happen?


But ............. conversely, that is exactly the way it happens. How many times have you asked the guy driving the classic '58 Corvette, where he got the car ? " I answered an ad for grampa's old Chevy in the barn. " With the biggest risks, come the biggest rewards.

Isn't that a goal of most of us here, educate ourselves to the point where we are confident that we can pick the treasure from the junk.
Edited by denco7
04/07/2013 7:53 pm
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vermontensium's Avatar
United States
16679 Posts
 Posted 04/07/2013  7:52 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
If it's not certified by PCGS,NGC, or ANACS, avoid like the plague, especially on Craigslist.
swcoin.ecrater.com
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