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 Replies: 35 / Views: 5,362 |
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New Member
Australia
9 Posts |
Going through my cupboard and I found a sack of coins, I think they were my dads. Anyway most of them are Australian pennies however the oldest coins in there were some american dollar coins, just wanted to know if any of them were valuable I've got 1921, 1887, 1882 and 1876 they all look the same except 1876 which has a lady sitting on some kind of parcel holding a branch.
anyway your thoughts would be much appreciated.
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Pillar of the Community
United States
1424 Posts |
those would be Morgan dollars and the condition makes a big difference in value, so does the mint mark which is located on the reverse under the eagle's tail feathers. Congrats on the cool find! |
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Pillar of the Community
United States
1510 Posts |
how about some pics?
Retired USAF 1983-2003
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Pillar of the Community
United States
1424 Posts |
oh, and the 1876 is called a Trade dollar and could be fairly valuable if real and in good condition. Be warned there are a lot of fakes though. |
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Moderator
 United States
15400 Posts |
 to the forum. I agree with the above ... show some photos if you can. David Take a look at my other hobby ... http://www.jk-dk.art |
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Pillar of the Community
United States
4778 Posts |
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New Member
 Australia
9 Posts |
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New Member
Australia
9 Posts |
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Pillar of the Community
United States
1204 Posts |
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Bedrock of the Community
United States
14454 Posts |
from the pictures the Trade dollar looks polished but that could be just from the photo. I have to tell you this is one of the highest counterfeited coins the US has ever made and allot ofd them were counterfeited as soon as they were made so there are some contemporary counterfeits out there among some that just left china on a boat this morning. This coin would really either need to be sent to a good TPG (like ANACS, PCGS or NGC) or at least have at least 3 dealers look at it to make sure its genuine before you decide what to do with it. I am not saying sell it to a dealer because if they think you don't know anything about coins they will probably give you a low ball offer unless they are an honest dealer (but you have to approach all dealers like the crooks and let them prove you wrong in this hobby). The Morgans don't really have anything I can see that would cause me to think they were counterfeit so I believe you will be alright with them. None of these coins will make you rich so you can quit your job but the lot of the US Dollars are probably worth a few hundred dollars if you can verify the authenticity of the Trade dollar |
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New Member
Australia
9 Posts |
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Pillar of the Community
United States
1150 Posts |
The Trade dollar looks legit to me...however, it is polished (cleaned), which 99 percent of the time negatively affects the value. |
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Pillar of the Community
United States
817 Posts |
What a find. The Trade dollar looks good, buy follow Bryan1315s advise. |
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Pillar of the Community
Egypt
3470 Posts |
to CC forum  |
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Pillar of the Community
United States
597 Posts |
polished yes but for value ? any thoughts on it
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New Member
Australia
9 Posts |
ok so the local coin guy said for the lot about $80.
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Replies: 35 / Views: 5,362 |
Posted 05/29/2011 8:54 pm
