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Did I Find A Treasure?

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Valued Member
OLCoins's Avatar
United States
397 Posts
 Posted 06/03/2014  3:13 pm  Show Profile   Bookmark this reply Add OLCoins to your friends list Get a Link to this Reply
definitely has been polished or otherwise harshly cleaned. You don't need a 20x zoom to realize this coin looks way different than a Morgan that has not be harshly cleaned. Still could hit $30 because of the case it's in.
Valued Member
tpmjr2004's Avatar
United States
160 Posts
 Posted 06/03/2014  3:15 pm  Show Profile   Bookmark this reply Add tpmjr2004 to your friends list Get a Link to this Reply

Quote:
this coin has not been polished regardless of what you think. I appreciate your knowledge and response. I've examined this coin under 20 zoom. the scratches you see in the pic is on the plastic. my camera is very high tech and I can zoom to the hair on a butterfly(not kidding)


We are not saying that it is polished based on any scratches. The shininess of your coin is indicative of a polished coin. The shininess of high grade coins is different in that it cartwheels(the shine moves like the wheel of a cart in the right light). Your coin is shiny all over and has the halo around the devices where the polishing cloth could not reach.

We have no reason to talk your coin down. We are just trying to give you an honest assessment of your coin based on the pics you provided. If anyone is not confident in their opinion, they will let you know. In this case, I am very confident that your coin has been polished.

With that being said, I would still be happy to find this somewhere. I bet you could still get $25-$30 for it to someone that would give it to a collector as a paperweight.
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westcoin's Avatar
United States
9793 Posts
 Posted 06/03/2014  3:36 pm  Show Profile   Bookmark this reply Add westcoin to your friends list Get a Link to this Reply
While this coin, in my opinion from years of handling Morgan dollars 10,000+ this coin is polished, not a rare date or mint mark combination, it is a neat find, it is not rare in the lucite holder, maybe uncommon as to the particular bank, but only to a collector of lucite Encased Coins possibly, worth slightly less than melt value to most dealers.

Treasure? Maybe - the beauty is in the eye of the beholder. I like these, and would buy one if the price was right as a novelty. I also agree with the pricing of $25-30 retail. I bought a couple dozen various paperweight coins encased in lucite or acrylic blocks like this one many years ago, I sold them off at coin shows, slowly, but made a few bucks. Interesting conversation piece for sure.
"Buy the Book Before You Buy the Coin" - Aaron R. Feldman - "And read it" - Me 2013!
ANA Life Member #3288 in good standing since 1981, ANS, Early American Coppers Member (EAC), Colonial Coin Collectors Club member (C4), Conder Token Collector Club member (CTCC), Civil War Token Society (CWTS) member, Liberty Seated Collectors Club (LSCC) & Numismatic Bibliomania Society member (NBS), USMex, Member in good standing, 2¢ variety collector.

See my want page: http://goccf.com/t/140440
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buddy16cat's Avatar
United States
1536 Posts
 Posted 06/03/2014  4:23 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
I have seen Morgans used in other objects. On Pawn Stars they had a clock with Morgan and Peace dollars. It appears common to polish coins used in other objects and they generally don't have much numismatic value. If they were rare hopefully someone would think to put it into those objects to begin with. You can sell for melt but then again, it needs to be taken out of the plastic.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 06/03/2014  4:36 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
All I see is a polished common Morgan dollar. I would either break it out and sell it for melt or try to sell it on ebay as a novelty.
Valued Member
United States
256 Posts
 Posted 06/03/2014  5:11 pm  Show Profile   Bookmark this reply Add TC3 to your friends list Get a Link to this Reply
Polished or cleaned vigorously. Value is a little above melt.
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jpbone's Avatar
United States
1959 Posts
 Posted 06/03/2014  6:05 pm  Show Profile   Bookmark this reply Add jpbone to your friends list Get a Link to this Reply
donald03, I can see how you would be confused about whether or not we can tell if this coin is polished or not. Imagine handling thousands upon thousands of high grade Morgan dollars over 20, 30, 40+ years like some of us have. A polished coin is about as easy to spot as a black sheep in a field full of white ones to someone who has been in the coin business for a long time. Coin collecting to many of the people replying is not a new discovery or fad, it has been a lifelong passion where attention to such detail is crucial. Trust me and them when they say this coin is polished and common.......worth $20-30 retail.
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buddy16cat's Avatar
United States
1536 Posts
 Posted 06/03/2014  11:01 pm  Show Profile   Bookmark this reply Add buddy16cat to your friends list Get a Link to this Reply
Oh, and on Pawn Stars when they talked about the Silver dollars in the clock, they said they were cleaned and worth melt if you broke the clock open to get them. That is why I said that coins used for other purposes are generally polished up including jewelry or novelty items. One way to tell what is what is buy up some lots and go through them, you will learn quickly.
Edited by buddy16cat
06/03/2014 11:08 pm
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dsfreeworld's Avatar
United States
4337 Posts
 Posted 06/04/2014  09:00 am  Show Profile   Bookmark this reply Add dsfreeworld to your friends list Get a Link to this Reply
I'm quite surprised the OP seemed to take offense from a community of experts who know exactly what they are talking about. Oh well, I guess you cannot please everyone. I too see an overly polished coin in a plastic paperweight that is not worth much and certainly not a long lost treasure by any means.
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Matteproof's Avatar
Korea, Republic Of
1881 Posts
 Posted 06/04/2014  09:39 am  Show Profile   Bookmark this reply Add Matteproof to your friends list Get a Link to this Reply

I hope the OP comes back to this thread and see what we've said about his paperweight. The OP could not possibly get better opinions on his paperweight anywhere on the internet.
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coincollector123's Avatar
United States
850 Posts
 Posted 04/03/2021  11:03 am  Show Profile   Bookmark this reply Add coincollector123 to your friends list Get a Link to this Reply
This is really neat. I work at Huntington Bank and I will see if anyone knows of this paperweight.
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