Hello, I just happened along this coin, in a protective container and I was wondering about how genuine it is. I was informed there was a re-issued or reproduced 1960s version of this issued by Richard Nixon, or the story goes along that and back then people bought it at about $30 a pop. But, upon research, they actually had a Carson City slab and was packaged in a nice blue box. This one, however, was just in a protective coin case (for obvious reasons) with the words "Silver $" on it. But, it's likely a shop accessory for coin protection. Thoughts? 1885 CC Morgan Dollar 3 by TonyCoin posted Oct 28, 2015 at 1:03 PM 1885 CC Morgan Dollar 2 by TonyCoin posted Oct 28, 2015 at 1:03 PM 1885 CC Morgan Dollar 1 by TonyCoin posted Oct 28, 2015 at 1:03 PM
Looks real to me. I'm kinda new to Morgan Dollar appraising/grading though. I'd give it a MS 61. -John
I'm not an expert on Morgan's but plastic that it's sealed in looks like something done by one of those TV coin shows. I would grade this as AU-55, maybe a 58. The wear above Liberty's ear on the obverse and the eagle's chest feathers on the obverse look worn. It's a little difficult to tell from the photos. It also appears to have toning on both sides but it could be AT so as to increase the value. Wait for other opinions, as I said Morgan's are not my specialty.
I think you are referring to the General Services Administration Hoard of Morgans that were auctioned by the government in the early 1970s. They were genuine coins and not reissues. However, that is not a GSA holder. I would say the coin is an AU if it hasn't been artificially toned or cleaned.
It appears to be authentic but the obverse has been cleaned ( and probably the reverse). The halos around the stars and letters tell the story. AU details is my grade estimate. The plastic holder looks like a Capital Plastics holder.
I'm not sure that coin is authentic. In numismatics, one of the time-honored adages we repeat is "buy the coin, not the story." So, completely disregarding the story... this is what I see: the date on your coin does not look right. Compare the date to the date-punch on this authentic coin. The horn of the 5 has a "flair" about it that doesn't look right. If your coin is authentic, it would grade low AU - but that's a big if.
Jason, I was thinking something didn't look right around the date as well. I tried enlarging the OP pictures, but still couldn't get a good look at it. Plus, at the time, I didn't have reference material to be sure. It's still difficult to tell from his photos.
You know, i actually was comparing this to another picture. I've noticed 'Liberty' on the tiara and Liberty's nose look a bit off. Now thinking about it, it may be a high quality fake. When did you buy this one? -John
I don't like the coin, but I think it's a real VAM 2. I'm guessing it probably had some nasty environmental damage (fire?) and was polished and put into a Capital Plastics holder. Because of the GSA sale, 85-CC is almost always uncirculated. There's no reason to buy a circulated or problem coin.
