Quote:The question of counterfeits is rather a paradox to me, as I have seen the 1896,1900,1901,1902 etc
Morgan dollars with the 'micro O' mint mark openly accepted as counterfeits, yet they are highly sought after by a good many collectors. Is this auctioned coin just a case of being accepted and valued for what it really is?
The Morgans you mention have a "provenance" that these modern Chinese knock-offs and early cast copies don't have. They were accepted, graded and slabbed by the experts in numismatics. They weren't determined to be counterfeits until the horses were long gone from the corral. This caused them to achieve celebrity status and they will probably retain that status for a long time.