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<p>[QUOTE="Lehigh96, post: 842311, member: 15309"]I don't mean offense but I am going to be brutally honest with you</p><p><br /></p><p>1) It appears to be genuine</p><p>2) It appears to have been cleaned</p><p>3) The toning might be NT but is certainly not attractive</p><p>4) The coin has AU details but it is a problem coin and will net grade at XF40 making the value $20-$25. Exactly what you paid for it. <a href="http://coins.ha.com/common/view_item.php?Sale_No=28014&Lot_No=24806" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://coins.ha.com/common/view_item.php?Sale_No=28014&Lot_No=24806" rel="nofollow">http://coins.ha.com/common/view_item.php?Sale_No=28014&Lot_No=24806</a></p><p>5) I would sell it immediately. </p><p><br /></p><p>Morgan Dollars are easily attainable and there is no reason to ever sacrifice quality or eye appeal in this series. The present example is from jewelry which highly increases the probability of it being a problem coin, usually for rim damage. Add to it that it might be cleaned and AT, it is almost a certainty that the coin is a problem coin. I think you would be much better off buying an MS64 common date Morgan with great eye appeal for $50.</p><p><br /></p><p>Furthermore, you can't use the redbook to evaluate prices. If you look at the link to the XF40 coin above you will see that Numismedia wholesale value is $21.[/QUOTE]</p><p><br /></p>
[QUOTE="Lehigh96, post: 842311, member: 15309"]I don't mean offense but I am going to be brutally honest with you 1) It appears to be genuine 2) It appears to have been cleaned 3) The toning might be NT but is certainly not attractive 4) The coin has AU details but it is a problem coin and will net grade at XF40 making the value $20-$25. Exactly what you paid for it. [URL]http://coins.ha.com/common/view_item.php?Sale_No=28014&Lot_No=24806[/URL] 5) I would sell it immediately. Morgan Dollars are easily attainable and there is no reason to ever sacrifice quality or eye appeal in this series. The present example is from jewelry which highly increases the probability of it being a problem coin, usually for rim damage. Add to it that it might be cleaned and AT, it is almost a certainty that the coin is a problem coin. I think you would be much better off buying an MS64 common date Morgan with great eye appeal for $50. Furthermore, you can't use the redbook to evaluate prices. If you look at the link to the XF40 coin above you will see that Numismedia wholesale value is $21.[/QUOTE]
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