Morgan Dollar Fake/Genuine

Discussion in 'US Coins Forum' started by VlkCherokee, Feb 14, 2019.

  1. VlkCherokee

    VlkCherokee New Member

    As I've mentioned above, it is a gift but to a non-collector, the year 1899 has a symbolic meaning and the coin have a special personal value.. So that's why I don't mind what collector would usually avoid, though I want the coin to be genuine for sure.
     
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  3. justafarmer

    justafarmer Senior Member

    Not trying to pry into your personal business but what do you expect the person receiving the gift will do with the coin?
     
  4. VlkCherokee

    VlkCherokee New Member

    I expect the person to keep it as a lucky charm of sorts. Where exactly, that would be up to him. :) The time where this coin was minted has a special personal value. He is fond of history and can appreciate the historical value as well, just not the collector value as I've mentioned he does not collect coins.
     
  5. VlkCherokee

    VlkCherokee New Member

  6. LA_Geezer

    LA_Geezer Well-Known Member

  7. VlkCherokee

    VlkCherokee New Member

  8. whopper64

    whopper64 Well-Known Member

    I can understand your reluctance to pay a large sum for what sounds like you are just collecting for the fun of it and for historical value. Keep in mind that there are so many Morgan's out there that uncirculated ones are relatively common. For security's sake, purchase a certified Morgan, whether it's uncirculated or not. Ironically with many historic coins, counterfeits are made to look worn. Bottom line, if you want a worn Morgan, go to as many sites as possible, look for certified, and use your best judgment. Remember - buy the coin, not the slab. Good luck!
     
  9. VlkCherokee

    VlkCherokee New Member

    Thanks for the advice, much appreciated! I definitely want to go for the certified coin. From what I've gathered the counterfeits aim for the worn look, but they mostly base it on a fake patina and unnatural bruised texture, which lacks the complexity of the natural even wear of the genuine coin. I am quite happy with the eBay find I've posted above, it's both worn, nice looking with enough details and nice patina and on top of that certified from a renown company. And for a good price too. :)
     
  10. Michael K

    Michael K Well-Known Member

    You don't buy coins from Etsy. They are not specialists, you are not getting a deal,
    you will get a poorly graded coin at an over inflated price.
    The parallel is this. If you have ever seen coins at a flea market or antique store,
    (I know every one has cherry picked a billion dollar coin at an antique store for $5)
    generally, they are heavily circulated and over priced junk coins.
    But, if you go to an LCS (local coin store, shop) or even EBay if you have some experience, the inventory is much larger, the quality/grade will be much higher and the price you pay will be much lower. Why? Because that's their business. That's what they buy and sell. They buy the best at dealer prices with enough room to mark up and make a profit. Don't buy coins from ETSY it's all over priced junk.
     
  11. VlkCherokee

    VlkCherokee New Member

    Thanks, I've found Etsy coin market interesting at first but you guys quickly made me realize that it's not worth the attention in terms of coins. :) Otherwise, Etsy is fantastic platform for handmade items.
     
    Michael K and Kentucky like this.
  12. Mountain Man

    Mountain Man Well-Known Member

    If the OP is buying it as a gift for a non-collector, I'd go with eye appeal and forget anything else.
     
  13. SilverDollar2017

    SilverDollar2017 Morgan dollars

    If you are new to collecting, I'd stick to coins graded by the top four grading services...PCGS, NGC, ICG, and ANACS.
    eBay and local coin dealers will have a better selection than Etsy, IMO.
     
  14. Kentucky

    Kentucky Supporter! Supporter

    If you are not a collector or are buying for a non collector, cleaned or details slabbed coins are PERFECT!
     
  15. LA_Geezer

    LA_Geezer Well-Known Member

    Why pay for certification when this is such a common date? YMMV, but slabbing a coin is often the motivation to seek assurance from others that the buyer didn't make a mistake in buying the coin. What a distinct waste of money, those slabs are!
     
  16. VlkCherokee

    VlkCherokee New Member

    As I said, the coin I've found has all I want and the fact that it is certified is a nice bonus. :) I have an assurance (as a non-collector and someone who doesn't have the knowledge) that I am buying a genunine coin. As long as the price is ok for me and the coin have the desired condition and look, I see no problem in that. But thanks for the opinion!
     
  17. VlkCherokee

    VlkCherokee New Member

    Thanks, yes, the coin I am into is certified by ANACS. :)
     
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