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Morgan's Being Sold In Rolls - Legitimate?

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United States
27 Posts
 Posted 07/18/2021  11:20 am Show Profile   Bookmark this topic Add Greg250k to your friends list Get a Link to this Message Number of Subscribers
I've heard that Morgan's were usually carried in bank bags, but how often were they in labeled bank rolls? And my concern is that they put a CC on one end of the roll - and then put lesser value Morgan's in the middle - or worse, even fakes. Any thoughts from you experts?

Morgan's-Being-Sold-In-Rolls---Legitimate?


Morgan's-Being-Sold-In-Rolls---Legitimate?
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/18/2021  11:36 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Have you been offered this for sale?



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GrapeCollects's Avatar
United States
8938 Posts
 Posted 07/18/2021  11:36 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
No. A scam as old as time.
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United States
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 Posted 07/18/2021  11:44 am  Show Profile   Bookmark this reply Add Greg250k to your friends list Get a Link to this Reply
It's part of an upcoming coin auction from what I believe is a legitimate auction house.
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JimmyD's Avatar
Canada
21601 Posts
 Posted 07/18/2021  11:44 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
It's called "salting" the roll. Happens all the time.
Put a good coin on the outside and nothing else of value inside.
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United States
10284 Posts
 Posted 07/18/2021  12:37 pm  Show Profile   Bookmark this reply Add TNG to your friends list Get a Link to this Reply
I encountered dozens of original bank wrapped rolls from a hoard back in the late 80's.
I believe they were from the last days when silver certificates could still be redeemed. I forget what the wrappers looked like but I am sure those were legit.
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ijn1944's Avatar
United States
19146 Posts
 Posted 07/18/2021  1:37 pm  Show Profile   Bookmark this reply Add ijn1944 to your friends list Get a Link to this Reply
Anything showing on the other end?
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thecoinguy1964's Avatar
United States
1307 Posts
 Posted 07/18/2021  1:38 pm  Show Profile   Bookmark this reply Add thecoinguy1964 to your friends list Get a Link to this Reply
And there's always a "cc" mint on the end, or a 1893. Don't walk away, RUN!
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 Posted 07/18/2021  1:47 pm  Show Profile   Bookmark this reply Add Greg250k to your friends list Get a Link to this Reply
Other end is an 1879 that looks pretty good.
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 Posted 07/18/2021  1:49 pm  Show Profile   Bookmark this reply Add Greg250k to your friends list Get a Link to this Reply
Also says, 'based on weight, this is an uncirculated roll'.
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Coinfrog's Avatar
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 Posted 07/18/2021  1:53 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Hard to believe the end coin could be that bright in a paper roll that looks that old.
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westernsky's Avatar
United States
7618 Posts
 Posted 07/18/2021  2:01 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
Scam . Run away as fast as you can!
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hokiefan_82's Avatar
United States
3641 Posts
 Posted 07/18/2021  2:03 pm  Show Profile   Bookmark this reply Add hokiefan_82 to your friends list Get a Link to this Reply
As others have said, this is often a scam. We even had a small out-of-state dealer caught doing it at our local annual coin show a few years back. Selling "original bank-wrapped" solid scarcer-date/mint Morgan rolls. I guess he didn't expect a buyer to open a roll and actually look at the coins while standing at his table. End coins were legit, all the others in the roll were common date coins...
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