I purchased this coin for $20

He can't be a psych patient.
If he was a psych patient all he would do is ramble incomprehensibly and constantly about buying coins online and unprofessional behavior of many dealers at coin shows.

 

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funny

 

Maybe that's why the tail feathers look fused together.

Now that I look at the date, the 2 also looks fused together, like it is touching where it shouldn't.

 

Happy is good.
The coin looks nice but it has some characteristics that should be scrutinized. Note that the SF mint made great really-high-quality 1882 Morgans. However, your Morgan is not from SF. It is a Philadelphia coin. The Philadelphia mint did not have the reputation of taking care of their dies and product like the SF mint did. Also, essentially all business strike Philadelphia Morgan dollars were roughly handled. They were bagged & transported with other dollar coins. The heavy coins contacting each other caused bag marks on essentially every Philadelphia Morgan coin. (The Carson City coins are more heavily bag marked because the transportation environment was harsher than Philadelphia). Your example has no evidence of any bag marks. Therefore, the first thing that I think of when seeing your new coin is that it either (1) was not a Philadelphia mint product or (2) it was processed in a way that removed all the normal bag marks & luster. [The processing may be responsible for the loss of fine details in the tail feathers, leaves, bow, etc.].

FYI, US silver dollars are 90% silver and the weight & dimensions are tightly controlled. If you ever have a suspect Morgan, then measure the weight, dimension, and compare the reeded edge with other Morgans in a short stack.

IMO, assuming your coin is real, then it is a happy purchase at $20.

 

But coin collecting is the hobby of Kings.

 

I thought that was horse racing!

 

No, I think its horse collecting.

 

Google "hobby of Kings". While there are some references to stamp collecting in the first 12 pages of results there is no reference to horse racing and almost every reference it to coin collecting.

Horse racing is the Sport of Kings.

 

Once again, I stand corrected!

 

No, it was the hobby of kings, now it's understood as the king of hobbies. Come on, everyone knows this. You really think the majority of collectors are kings? Most of us don't collect gold coins, buy on a small budget, and have tiny fortunes tied up in coins. Major auction shows are for the rich, but all the collectors I know don't buy from these firms. We stick with ebay (where smaller auctions take place), local shops, and flea markets.

 

No, coin racing...