Just got this 1889 cc Morgan

Discussion in 'What's it Worth' started by Pha_quat_youth_inc, Mar 4, 2019.

  1. I found this :
    It has been my privilege to authenticate a number of examples of this key date Morgan Dollar. Unlike the 1893-S and 1894 Philadelphia issues, there has been little information available to positively identify genuine dies for this important date. To this end, notes and photographs were taken from every suitable example encountered. After a number of months, it appears the dies actually used or those with their issue still extant are largely accounted for. Two particular stages have proven to be particularly elusive, but the dies that produced them are identified with a fair degree of certainty.
    http://www.anacs.com/(A(TvDdue6MzwE...icle.aspx?ID=18&AspxAutoDetectCookieSupport=1
    I haven’t read the whole article yet but it is an old coin and while it seems like all the dies are accounted for it sounds like it’s at least a possibility that there might be others (wishful thinking I know) but it does seem possible.
     
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  3. He goes on to say this:
    I welcome the discovery of other legitimate dies and the unveiling of stages not illustrated here. Without a beginning, there is no growth of knowledge. It is my hope that the information presented here will assure those that own genuine pieces and further suppress the forgeries that damage our market.
     
  4. And he ends with this:
    If any genuine examples are encountered that do not match these descriptions, I would appreciate the opportunity to examine them to photograph and to edit my descriptions.
     
  5. So while I do value all your opinions how can you say for certain that it is a fake? Also why would a rare coin dealer say it is a genuine coin? Color aside it looks nothing like the color portrayed I’m still not sure why. So even though you are very knowledgeable about coins it sounds like it is possible that other dies might exist correct?
     
  6. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    It needs to be Authentic in order for that to happen,
    Yours isn't.
    Good luck which ever you decide.
     
  7. I know it isn’t but it sounds like it’s a least possible that other dies might exist right?
     
  8. Pickin and Grinin

    Pickin and Grinin Well-Known Member

    Chinese Dies! I am sure there are a few of those.;)
     
    Pha_quat_youth_inc likes this.
  9. John Johnson

    John Johnson Well-Known Member

    The low end price on an 1889CC morgan is around $700 on ebay. Book value in G4 is $950 (but nobody pays that for a raw coin, do they?). If you got this for $50, then that's a pretty strong indicator that it's fake.

    However, looking at your pictures, I personally don't see any obvious markers that indicate it's not real. There are a lot of more experienced collectors on here who should be able to tell you how to tell this one is fake. Have you weighed it?
     
  10. Heavymetal

    Heavymetal Supporter! Supporter

    A counterfeit was offered to me. It weighed 23.7 grams,well under the 26.73 it should have been. Did a quick check on the seller and found that he was a convicted felon.
     
  11. It weighed 26.74 - 26.75
     
  12. And I’m not a convicted felon lol
     
  13. I won’t sell it if it’s not authenticated. I understand that it may not match other dies from previous posts (I haven’t researched it yet) but according to the article that I posted it sounds like other dies may exist after all it is a coin 130 years old. Like I said the color doesn’t show right in pics and a rare coin dealer said it is a legit coin. Maybe it’s an undiscovered die?
     
  14. Plus I’m a collector I’m not a seller. I really enjoy collecting coins and learning about them. I respect the well known collectors on this site and they have taught me a lot and I’m not trying to discredit the opinions however when a respected coin dealer tells me it’s real and members here say it’s fake it puts me in a interesting position because sending it to a person who goes by what dies are know and won’t authenticate it because it doesn’t match or someone who is open to the possibility that it may be an undiscovered die would make the difference between being authenticated or not.
     
  15. As far as the price I told you these people have no idea what they are really selling. It’s a unique situation for a pawn shop I know. One employee was telling me he wouldn’t accept a silver dollar coin(not sure what kind) unless it was clean. I did inform him to never clean a coin but that’s just one example of the type of employees that work at this place. So I jump on things when they have them lol.
     
  16. If I get a bad coin or two while learning so be it and I won’t be bitter but this one is not only a unique situation but also a great learning experience as well.
     
    John Johnson likes this.
  17. Kentucky

    Kentucky Supporter! Supporter

    It's all been said
     
    furham likes this.
  18. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    A fool and his money....

    Come on, people... Stop buying what you do not understand and place that delusional desire to stumble upon some fantastic “deal” that just happened to be overlooked by those in the know exactly where it belongs: in the trash.
     
  19. Evan8

    Evan8 A Little Off Center

    Only through fantastic knowledge can the fantastic deal ever be a possibility.
     
    Oldhoopster likes this.
  20. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    I’d add hard work to that, at least in many cases, but yes... and well said.
     
  21. longshot

    longshot Enthusiast Supporter

    Well, OP, I guess we're just going to go in circles if you won't take a TPG opinion as acceptable proof of authenticity (or lack thereof). As far as your "respected coin dealer", I have no idea of his qualifications, but I'm sometimes amazed at guys who have been buying, selling, and playing with coins for 40 years, and yet how little they know about fakes and problem coins.
     
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