1895 morgan dollar no mark

I have a coin that is suppose to be worth a lot and I wanted to see what you thought.
It is a 1895 morgan dollar no mark. I read that it one of the more rare coins. IT is in incredible condition.

 

Log in or Sign up to hide this ad.

I'm betting its a fake...can you post photos?

Speedy

 

IF it is real it SHOULD be in incredible condition as only proofs were minted. That said, genuine 1895 Philly Morgans are scarce and extremely valuable. Please post photos or scans so that we may inspect it a little more closely. This coin is commonly faked as a "filler" so that the vast majority of us who will never own one of the real ones can have something pretty to put into our books where the coin should be, it is very likely that is what you have. If you are convinced that yours is genuine then there is no reason not to send it to NGC or PCGS to have its grade certified. The ~$30 grading fee would be infantessimal compared to how much more it would be worth when you eventually attempt to sell it (Virtually no one buys US coins of that value without a reputable third party grade to assure them of authenticity and quality).

 

I need to know where to send pictures

please call me
**********


not really a good idea to post your phone number here

 

Post the photos right here...you push "Manage Attachment" when your writing your post...then upload your photo from your computer to the forum

Speedy

 

how the hell does this thing work I can't get back to the main page

 

I will take a picture this weekend and get it on here

 

if it turns out to be real then try not to touch it when taking a picture of it.
Hope it's real.

 

seriously, you are not even supposed to touch the coins?

 

Yes you can touch the coin but its best to ONLY hold (touch) the coin by the rim or edge...if you don't it can cause fingerprints to show up on the coin and lower the value--sometimes as much as half.

Speedy

 

Don't be discouraged by everyone saying it is fake. I know someone who bought an 1895 morgan with a group of other coins very cheap, and all the local "experts" figured it to be fake, but when PCGS graded it as au55 it later sold for $14,000. The pictures may tell us but if there is any doubt please have it graded. Be sure to contact the service first so they can inform you about packaging, insurance, etc.
Best of Luck!

 

Hey Dan

That is true but if this happened to you what would you want us to say...

"Its real" and then later on you find out that we are wrong
Or
"It might be real...let us see a photo because there are a lot of fakes"

I think you will see what I mean ;--)

Speedy

 

I could see PCGS grading it as PF55, but AU55 denotes a business strike coin and none of those are known to exist.

 

I agree...the Red Book lists 880 as proofs and 12,880 as business strikes but I've never heard of one...maybe its a messup...

Speedy

 

I'm sure the red book is just quoting the mint released mintage figures, but the astrisk-like thing leads to the statement, ". . . Values are for proofs; business strikes are not known to exist."

So I'm sure they were melted at some point, but they were originally coined and the numbers were released.

 

TCT...your right...I didn't see the astrisk,,,

They might have been like the 1964 Peace dollar....but then maybe GDJMSP can show a photo of the only one known of that ;--)

Speedy

 

Well I'm sure OldDan could show a photo of his 1933 $20 gold piece...and its not the one that the Goverment sold

Speedy

 

Yes, you are correct, pf55