I don't know about the repunched mintmarks on an 1894 P Morgan, as the have no mintmarks. But removal of mintmarks is definitely a problem. I would be very hesitant to buy an unslabbed 94 Plain on the internet... to high of risk. If you are able to have the raw coin in hand, that is a different story.
There are three die characteristics on the 94 plain to look for. 1 on the obverse and two on the reverse. Pictures of these are kind of hard to take. I have taken pictures of 4 or 5 94-P's and have yet to have desirable pictures.
On the reverse, the two main things: heavy, straight die gouge in the crook of the Eagle's left claw. And a raised die line that resembles a "Y" when upside-down, I believe in the area of the eagle's right wing. Unfortunatey, those are hard to see with a standard loupe. A microscope is key.
I have some pictures somewhere that I can post to show you what to look for, if you buy raw.
I rarely look at the mintmark area for these, because it can be so wel done, you wouldn't be able to tell. Or if there are any marks there for any reason, it would throw up a red flag even if it is a good piece.
A very good book is the PCGS guide to grading and Counterfeit Detection, first edition. This has good pictures of what to look for.
Good luck with whichever route you choose!
Jordan
There are three die characteristics on the 94 plain to look for. 1 on the obverse and two on the reverse. Pictures of these are kind of hard to take. I have taken pictures of 4 or 5 94-P's and have yet to have desirable pictures.
On the reverse, the two main things: heavy, straight die gouge in the crook of the Eagle's left claw. And a raised die line that resembles a "Y" when upside-down, I believe in the area of the eagle's right wing. Unfortunatey, those are hard to see with a standard loupe. A microscope is key.
I have some pictures somewhere that I can post to show you what to look for, if you buy raw.
I rarely look at the mintmark area for these, because it can be so wel done, you wouldn't be able to tell. Or if there are any marks there for any reason, it would throw up a red flag even if it is a good piece.
A very good book is the PCGS guide to grading and Counterfeit Detection, first edition. This has good pictures of what to look for.
Good luck with whichever route you choose!
Jordan





















