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 Replies: 10 / Views: 2,172 |
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Valued Member
United States
175 Posts |
I typically collect Morgan's though am now opening up to other coins. On these older dollar coins I assume there are more fakes, older fakes. To be on the lookout. What advice do you have, when buying raw, to avoid getting burned. I learned several tricks for Morgan's, though am new at these older US dollar coins. For instance I have been looking at this coin. What is your opinion on it. It looks to be in decent condition. Thank you.   Edited by rum_n_cola
07/31/2019 7:43 pm
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Pillar of the Community
United States
8137 Posts |
I wouldn't buy these raw, especially if you are new to the series. Stick to graded coins and when you become an expert in the series then you can take your chances with raw coins.
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Pillar of the Community
 United States
8938 Posts |
By no means am I an expert, nor particularly knowledgable on early bust type coinage. However, I was told being able to match it to a known die pair is the most sure fire way.
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Bedrock of the Community
United States
10982 Posts |
This coin, while likely genuine, has been harshly cleaned and completely stripped of all patina. It also has heavy wear so the value here is relatively low.
I'd call it VG Details - Improperly Cleaned and value it around $700 to $800. Somebody might pay more than that but it's worth is under $1,000 in any event.
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Bedrock of the Community
13014 Posts |
Quote:
. What advice do you have, when buying raw, to avoid getting burned. To not buy raw. Many of these raw ones are either doctored, cracked out of details slabs or fake. Many others tha are real and would straight grade are being sold as grades higher than they would grade and a significant number of them were cracked out to in order to do it. Seated and Bust dollars etc are a completely different game from Morgan's. Edited by basebal21
07/31/2019 9:05 pm
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Bedrock of the Community
United States
94367 Posts |
Good advice: Only buy a graded coin.  |
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Valued Member
 United States
175 Posts |
Appreciate your replies. I have collected Morgan's for years and feel very comfortable buying raw. Though agree maybe I should stick to graded specimens with these earlier coins until I learn more. I have seen lots of fakes out there. I came across a fake 1795 flowing hair that was believed to have been faked in the late 1800s. So with these you are dealing with fakes with true age on them unlike the Chinese fakes that turn up on ebay on a daily basis. |
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Bedrock of the Community
United States
17884 Posts |
First impression is it looks good, probably lightly cleaned long ago, the rim nick to the left of the date is a bit of a problem. I have seen worse in straight graded slabs from the major services. (of course there is no guarantee it would get straight graded.) Frankly I would have no qualms buying that at the $1,000 level, assuming that is is genuine.
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Pillar of the Community
United States
7375 Posts |
If you are convinced it's real, and for the right price...sure, why not.
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Valued Member
United States
135 Posts |
I'm no expert but the slightly lighter colored spot to the right of Liberty's nose makes me think minor repair job of some sort. Or maybe it's just the photo.
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Bedrock of the Community
Australia
21786 Posts |
I am far from an expert in this series.
I am a numismatic generalist across the whole ogf numismatic, noyt a specialist.
For this reason,
I have always found Google Images a great visual education diagnostic tool.
In this case, go to Google Images and search:
'1802/1 draped bust half dollar'
'1801 draped bust half dollar 1802', and
'1802 draped bust half dollar'.
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Replies: 10 / Views: 2,172 |
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Posted 07/31/2019 8:38 pm
