Lets make a list of coins with speculative existence. (1895 Morgan Business Strike as example)

Discussion in 'US Coins Forum' started by planman2014, Jan 19, 2016.

  1. planman2014

    planman2014 Active Member

    Ok so in this thread this would NOT include a coin like a 1964-D Peace dollar because we know those coins were struck at one time; they did in fact exist.

    We are talking about coins like the 1895 Morgan business strike which MAY of been struck or just been a mint mistake OR a coin like Breen's 1964 Franklin half which he claimed to have seen.
     
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  3. Markus1959

    Markus1959 Well-Known Member

    http://www.pcgs.com/top100/reward.aspx
     
  4. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    1964 D Peace Dollar-- have you ever seen one, or do you know anybody who has? It is definitely a speculative issue.
     
  5. gibsport

    gibsport Active Member

    1804 Dollar, business strike. I just read a pretty good book that dealt with this dollar and whether or not any were actually minted with the date of 1804. The (I believe) 13 known examples were all proof type coins if I remember right.
     
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  6. KoinJester

    KoinJester Well-Known Member

    They were minted in 1834 (Class1 King of Siam) and after. All dollars minted in 1804 were dated 1803 or earlier
     
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  7. SuperDave

    SuperDave Free the Cartwheels!

    It's a matter of record and there are numerous witnesses to both production and destruction. 316,076 Business Strikes and 30 trial pieces were minted.

    Idle note regarding 1895 Morgans: We know of 4 obverse dies for Proofs of that date. One single Proof reverse struck all 1879 & 1880 Proofs, totaling 2455 coins. No way they needed 4 dies to strike 880 Proofs.
     
  8. planman2014

    planman2014 Active Member

    Well it is not speculative that it existed. We all 100% known and agree that 1964 Peace dollars did exist and in large quantity. The speculation is whether any exist TODAY.

    An 1895 Business Strike is speculative in whether it EVER existed.
     
  9. Omegaraptor

    Omegaraptor Gobrecht/Longacre Enthusiast

    In my PCGS price guide app, under Proof Morgans, values for 1895s go all the way down to G-6, while other proofs have no prices under XF-40, suggesting that 1895 did have business strikes.
     
  10. Evan8

    Evan8 A Little Off Center

    A sixth 1913 Liberty Head Nickel lol.
     
  11. Evan8

    Evan8 A Little Off Center

    Another 1974 aluminum cent? Or a cent struck in another metal all together. I thought i read something about glass once too.
     
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  12. Cascade

    Cascade CAC Grader, Founding Member

    Proofs morgans were made in Philly ;)
    I'd love to see a pfG6 morgan though
     
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  13. planman2014

    planman2014 Active Member

    Glass?

    Actually I am 99% sure that they actually made a 1974 Steel-Clad cent as well and I believe a few trial 1975 aluminum cents were also struck but none known to survived.
     
  14. Evan8

    Evan8 A Little Off Center

    I dont know how credible it was but something about glass cents, i know, far-fetched. I read something about the possibility of a glass cent, do i remember where? No. Sorry.

    Let the lynching begin!
     
  15. Cascade

    Cascade CAC Grader, Founding Member

    Yes the 74d aluminum cent was struck and given out to senators. They were recalled to be destroyed but there was a discrepancy so some officials didn't send them back. They claimed they lost them etc. I believe the number is around 20 that weren't returned. One just surfaced a couple years ago and was put into pcgs plastic to go on sale at HA. The sale was postponed as the government made a claim of ownership and it's still in litigation I believe
     
  16. planman2014

    planman2014 Active Member

    No I mean steel-clad. I have read that before that in addition to the 1974 aluminum they also stuck with in a steel-clad AND that a few 1975 were also struck in aluminum.
     
  17. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    No, we are not in agreement that large quantities were minted-- that is one story. Nobody has ever seen one, and there is a huge bounty for any information on the veracity of said coin.
     
  18. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Unfortunately, there are conflicting stories on this. Some were struck-- there are many questions about quantity, or whether any ever got out of the mint. Therefore, it is a theoretical issue, just as the 1895 P business strike Morgan is.
     
  19. Markus1959

    Markus1959 Well-Known Member

    I believe it - I can see the Government spending millions on litigation fees just to make one cent - LOL!!!!!
     
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  20. SuperDave

    SuperDave Free the Cartwheels!

    Oh, yeah, I mentioned that purely as circumstantial evidence. One potential explanation for that is they knew there would be no Business Strikes, so they didn't spare the dies for Proofs.
     
  21. messydesk

    messydesk Well-Known Member

    Not really. There is record of 12,000 having been struck. If I read it right, the Assay Commission report for 1895 shows 10 coins having been submitted for testing, one of which was received in December. Proofs were made to order for collectors and wouldn't have been sent to the Assay Commission. The most plausible explanation is that all 12 bags of the 1895 business strike Morgans that weren't really needed for circulation were lost as a result of the Pittman Act and eventually recoined into 1921-28 dollars.
     
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