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 Replies: 16 / Views: 3,440 |
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Pillar of the Community
United States
6384 Posts |
I asked a B of A teller for half dollars and she offered me "some of those big dollars" that she had on her tray. I could see three Eisenhowers plus what looked like a Morgan dollar. Casually I agreed to take them off her hands. Now, what is the LEAST likely date to turn up when finding a Morgan dollar in circulation? Possibly, this one?   Clearly, an authentic $20,000 coin purchased for just $1.00! Too bad about the light weight (< 20 grams) and the fact that it sticks to a magnet. Reeding and denticles don't look too bad, and the date digits don't look as clownish as on many fake Morgans. Obverse details are a little blurry but color and luster are a fair approximation of what you might see on a genuine AU silver dollar. There are even some strong die clash marks on the reverse which I've heard are not common on counterfeits. If this coin had been struck on a full-weight 90% silver planchet it might have been pretty deceptive. I don't have a "black cabinet" but maybe this piece would make a good start. Worth every cent I paid! |
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Pillar of the Community
United States
7390 Posts |
Oh boy was like winning a mega bucks lottery only to find out your friend printed the ticket or what  |
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Pillar of the Community
United States
4233 Posts |
I'm trying to think of how that ended up in a bank teller's drawer.
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Pillar of the Community
United States
6370 Posts |
At least look at the bright side. $1 is still cheaper than from the no-no site.
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Pillar of the Community
United Kingdom
1351 Posts |
I bet your heart missed a beat.
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Pillar of the Community
United States
3134 Posts |
Not only great for the price you paid but you've taken another one out of circulation for good! How about letting us see the Ikes!
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Pillar of the Community
United States
1911 Posts |
Wow man that would have been super exciting at first! Still pretty sweet!
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Rest in Peace
United States
10625 Posts |
Nice counterfeit Morgan and like you said, very uncommon with the dies clashed. I can even see the E below the tail feathers.
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Moderator
 United States
188320 Posts |
Excellent!  |
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Valued Member
United States
374 Posts |
Man...  Edited by MichioKaku
12/07/2015 2:27 pm
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Bedrock of the Community
United States
94367 Posts |
Great story.  |
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Bedrock of the Community
Australia
21786 Posts |
Nice way to start your 'black' collection. There is no mint luster to be seen. I wouldn't have picked it straight off from the pictures only, but now that you say that is IS a fake, the fields indicate to me that this piece has been pressure cast. If this this one had appeared on ebay, it would have deceived lots of buyers, if the weight, diameter and ring tone had been OK. That is why I always like to examine a coin 'in hand' before making a decision to buy, unless the seller has an established reputation. |
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Pillar of the Community
United States
4233 Posts |
It immediately fails the denticle test. For a coin worth $20k, you'd think every potential buyer would do some basic research. But of course greed is a strong motivator. http://www.anacs.com/(A(PHN4gYxJzwE...e.aspx?ID=48Quote:All Morgan dollars minted from 1879 to 1904 have the point of the truncation of Liberty's bust located over the space between two border denticles. Counting denticles from this reference point, the left edge of the base of the digit 1 is located over the right half of the third denticle. The right edge of the base of the 1 is over the left half of the fifth denticle (RH3 LH5). I'm still curious under what scenarios it could have ended up at a bank. Somebody realized it was fake and decided to at least get $1 out of it by spending it? Dropped it in a Salvation Army bucket? |
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Pillar of the Community
United States
4932 Posts |
Technically, couldn't the bank get into trouble selling a counterfeit? I guess it would have to be knowingly selling one, at least.
The obverse gave it away for me. The detail is very crude, absolutely trash. Looks like a modern Chinese replica, preferably 21st century.
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Pillar of the Community
United States
2815 Posts |
This is amazing. You actually found a counterfeit 1893-S Morgan dollar at a bank. Just crazy. Any pics of the Ikes? |
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Pillar of the Community
United States
7375 Posts |
Yeah, I assume you won't report the bank for passing counterfeit money :-)
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Replies: 16 / Views: 3,440 |
Posted 12/07/2015 12:46 pm
