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Replies: 31 / Views: 4,310 |
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Moderator
 United States
23522 Posts |
It was more like the latter part of the Nineteenth and early Twentieth Century, a contemporary counterfeit. Don't forget, the government-set price of silver in the US didn't necessarily dictate the price of silver in China in those days.
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Pillar of the Community
United States
7390 Posts |
Ya, I knew you were talking 1900 era. I should have prefaced my question as an academic one  Your coin seems very interesting mccaniz. It's obviously a fake but if it is a silver contemporary counterfit you have a winner
Edited by Cascade 08/07/2015 2:58 pm
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Valued Member
 United States
486 Posts |
here is the rims. coin in question is on the left, then a morgan, then a peace. you can tell that it is thin, accounting for the weight issue. is there a way to test if its pure silver without drilling? and if it is silver is it worth anything other than silver value? I bought it for 22$ so its not big loss. 
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Bedrock of the Community
United States
10982 Posts |
Nothing about the weight, pictures, or anything you've described suggests it's fake. 25.9g? That's only 3% low and well within tolerance for a well worn Morgan.
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Valued Member
 United States
486 Posts |
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Bedrock of the Community
United States
10982 Posts |
It's 90% silver mcanniz so realize it is not pure. $22 is what it should cost, 25.9g is fine for the weight, and I see nothing to suggest it's not a genuine G06/VG8 piece with a harsh cleaning which is common on Morgans. Here's a similar piece on ebay: http://www.ebay.com/itm/1886-O-Silv...em35eecdaf36Again, without in-hand examination I'm not proclaiming it's 100% genuine but it looks fine to me.
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Valued Member
 United States
486 Posts |
maybe ill bring it into the local shop and see his opinion
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Moderator
 United States
16679 Posts |
Normal wear on any coin is no call for concern for the slight underweight. Your coin looks fine to me.
swcoin.ecrater.com
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Moderator
 United States
23522 Posts |
Quote: so many conflicting opinions The people posting here who know Morgans best aren't in conflict. We think it's probably fake.
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Bedrock of the Community
United States
17884 Posts |
25.9 is NOT within tolerance for a worn Morgan in this condition. I've seen near slicks that didn't weight that low. A weight that low should be a big red flag. A contemporary counterfeit made using silver is a real possibility. Silver values by that time were low enough that a full weight 90% silver planchet would have only had about 50 cents worth of silver in it. A near 50 cent profit per coin at that time would have definitely made the counterfeiting worthwhile. Quote: Don't forget, the government-set price of silver in the US didn't necessarily dictate the price of silver in China in those days. The government didn't have a "set" price for silver at that time. This was still the era of the Bland Allison act and the government was buying the silver at whatever the market price was. They didn't start setting guaranteed prices until the Pitman Act in 1918. I can't guarantee the OP coin is fake but I would be very suspicious of it. Quote: could it just have been a thin planchet and with all the wear added on that made it so light? Very unlikely. At that time they were still weighing planchets individually and the tolerance was .09 grams. So even a low weight new coin would still be close to a gram more than yours, and I just don't see enough wear to account for almost a gram in weight.
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Valued Member
 United States
486 Posts |
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Pillar of the Community
United States
7390 Posts |
Yes, you are wrong. Let's just say it's real for a second. VAM 6 has a slightly different date location and the die marker is a crack on the neck tip that is on both eds & lds specimens which means it was on the obverse die almost from the beginning. Your coin is FAKE there's no 2 ways around it. BUT all is not lost, you have a saving grace in that you MAY have a silver composition counterfit made to deceive shopkeepers in retail trasactions back when a morgan was nothing but a dollar. These have collector bases similar to say counterstamped coins. A small but fervent base of collectors. So for what you paid you possibly got much more than a normal circulated "cull" morgan if it were real. Heck, if youre not interested in going down the hard road of trying to confirm that it's a contemporary counterfeit I'd be willing to buy or trade it from you as I already need to travel that road for the oNE I have. PM me if that interests you. 
Edited by Cascade 08/10/2015 10:50 am
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Moderator
 United States
23522 Posts |
Quote: VAM 6 has a slightly different date location and the die marker is a crack on the neck tip that is on both eds & lds specimens which means it was on the obverse die almost from the beginning Um, no. 1886-O VAM-6 is characterized by a doubled 1 and right-tilted mint mark. There are no die cracks noted for this variety at VAMworld. Mcanniz, how do you suppose the Chinese create fake Morgans? They start with real ones as a pattern. Therefore, just like every Morgan is a VAM, every counterfeit Morgan is a copy of a VAM. This proves nothing. Except that it's not VAM-6. The date is in the wrong location, too far left.
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Pillar of the Community
United States
7390 Posts |
Oops, stupid google(me) sent me to 1886-P VAM 6 Thanks for that SD, my mistake  how'd I overlook that   you da man as always
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Valued Member
 United States
486 Posts |
ok thank you all for teaching me along the way no matter how many stupid questions I asked :)
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Replies: 31 / Views: 4,310 |