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 Replies: 10 / Views: 1,920 |
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New Member
United States
3 Posts |
Recently I've been buying up "junk" silver and recently received an 1896 Morgan dollar. While I'm no coin expert, the coin really just looked too shiny and new to be over 100 years old but comparing the coin (date/lettering) I'm not sure either way if it is real or a fake. I used to have a digital scale but for the life of me I can't find it. Attached are some pictures, any help would be greatly appreciated. -Nick    |
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Valued Member
United States
286 Posts |
not sure about the real/fakeness of it but what I can tell is that it looks to be cleaned.
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New Member
 United States
3 Posts |
Yeah, I cleaned it up a little bit... I know that is numismatic blasphemy but just the AU looking condition and almost proof like sheen to it. It doesn't stick to magnets or anything, the lettering looks ok to "me" but again, I'm no professional.
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Pillar of the Community
United States
1348 Posts |
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Pillar of the Community
United States
4989 Posts |
Looks authentic AU-55 type grade.
Cleaning knocks it down to melt value. Nice slab of silver :)
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Pillar of the Community
United States
4846 Posts |
i agree, the fact that you cleaned it brought down the value to the silver it contains
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Bedrock of the Community
United States
14454 Posts |
even AU coins has numismatic value so cleaning it took that away. It looks authentic to me but as was said above cleaning it hurt its value to just bullion value and took away the numismatic value it once had. Prooflike fields on a cleaned coin doesn't make it worth more because the cleaning is what made it have those fields
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Bedrock of the Community
United States
12437 Posts |
Quote:
almost proof like sheen to it That is because the coin has been buffed and polished |
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New Member
United States
3 Posts |
Thanks for the input guys. The coin had already been "buffed/polished" when I got it recently and I just removed some of the light tarnish. The coin was bought for something around $32 last week so just a touch above spot.
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New Member
United States
10 Posts |
Other than the cleaning it's a nice looking coin. If you bought it for $32 a week ago, your still in an about "break even" position with the drop in siver prices. I just bought an NGC Graded and slabed MS63 1896s for under $100. Every so often you can come across a great find.
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Valued Member
United States
97 Posts |
cleaned real and common as noted above!
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Replies: 10 / Views: 1,920 |
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Posted 04/04/2011 12:54 am
