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 Replies: 26 / Views: 3,469 |
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Valued Member
United States
175 Posts |
What are your thoughts on repaired key-date Morgans? This coin below is slabbed by one of the major grading companies as details grade, *repaired*. I have never purchased a repaired coin and am not sure how this would affect the value. I am not sure what has been repaired, does anyone know what was done? Any input would be very helpful as I am looking to purchase this coin and want to make sure I am making a smart purchase.   Edited by rum_n_cola
08/23/2017 3:30 pm
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Pillar of the Community
United States
3156 Posts |
the rim between 1 and 2o'clock looks like maybe has had an issue.
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Pillar of the Community
United States
3156 Posts |
not sure about your budget but I have a vf-25 straight graded coin of this year I would consider selling.
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Pillar of the Community
United States
1627 Posts |
Looks re-engraved around the mouth, chin, & eye. Also looks like some kind of smoothing or something similar in the field in front of Miss Liberty.
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Rest in Peace
United States
17900 Posts |
Nearly the entire outline of liberty has been re-engraved and the cheek and fields have been smoothed. I find it odd that this would even earn a details evaluation.
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Bedrock of the Community
United States
94367 Posts |
So do I. The smoothing you mention is clear, but to me the re-engraving is only on the side of Liberty facing that repair.
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Pillar of the Community
United States
1450 Posts |
I would not buy a repaired rare coin. Better to get a non-details coin even in a lower grade IMO. A repaired coin has been altered to an unknown extent. What are they asking for this repaired coin?
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Moderator
 United States
23522 Posts |
I am still - unsuccessfully - working to convince myself of this coin's authenticity.
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Pillar of the Community
 United States
1949 Posts |
My guess is the 'repair' on this one is smoothed fields on the obverse... Looks like the left side had some work done to it... 'repaired' coins can be quite difficult to tell when they are done expertly, I have an Early U.S. dollar in stock right now that I missed the plugged hole on when I purchased, it was quite expertly done...
SsuperDdave... You're Back?!? ...And with a Canadian Large Cent avatar?!
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Pillar of the Community
United States
2362 Posts |
I don't like the look of this coin and would never buy it. On the lighter side - remember the movie The Christmas Story? Hey kid you'll shoot your eye out!  SSuperDdave - just saw that Canadian Large Cent avatar  I lived there for a couple of years a long time ago. Recently I collected the large cents. That's an inexpensive collection and very nice. Member ANA and EAC "You got to lose to know how to win". Dream On by Aerosmith Edited by cipster
08/23/2017 6:07 pm
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Pillar of the Community
United States
3058 Posts |
Quote:
I am still - unsuccessfully - working to convince myself of this coin's authenticity. This coin is genuine, the main die marker, the slash in the 'T' in 'LIBERTY' is bold on this example.  Image by PCGS. I would not buy this coin unless very cheap, the coin has been badly repaired, mostly noticeable in Miss Liberty's eye. Also, notice the field in front of Miss Liberty's face, it has been played with. Edited by coinlover1899
08/23/2017 6:31 pm
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Pillar of the Community
United States
7509 Posts |
Rare or not,it is an unattractive Morgan, I too wonder how it qualified for details evaluation.It looks like it's been chiseled and spackled  Edited by Chase007
08/23/2017 6:42 pm
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Bedrock of the Community
United States
94367 Posts |
Agree - a Frankenstein monster. Hard to believe it's in a slab.
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Moderator
United States
23522 Posts |
Quote:
This coin is genuine, the main die marker, the slash in the 'T' in 'LIBERTY' is bold on this example.
Yeah, I saw that, the denticulation is nominally executed, and the obverse overlays rather nicely with a known-good example. However, I am bothered by the grainy look of the reverse and what looks like a marked disparity in relative wear between some of the reverse features, especially the lettering, mint mark and arrow fletches/lower tailfeathers compared to the rest of the devices. Similar wear discrepancies exist on the obverse, but I can't cite them since that whole face has been so obviously doctored. I don't like this coin. |
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Bedrock of the Community
United States
12057 Posts |
If the 1893-S were the last hole in my 7178, and I could get this coin for a tenth of the price of a straight grade VG coin...I still wouldn't touch this pig. I'm content to let that hole sit unfilled for years to come until a decently priced problem free low grade example shows up and I can actually afford it. Worse, if you buy a coin like this, good luck selling it again in the future.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis |
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Rest in Peace
United States
17900 Posts |
I agree with everyone who would give this a pass. A coin like that eliminates so many possible buyers that it quickly becomes a bargain basement beast.
I'd rather wait, or work on another set. But since I've never loved Morgan's because of their ready availability I'm probably not the best person to judge this rare date.
Other than the CC's I only have a few dozen Morgan and every one of those are in date sets.
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Replies: 26 / Views: 3,469 |
Posted 08/23/2017 3:33 pm
