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<p>[QUOTE="Insider, post: 2539946, member: 24314"]Actually, that is not true. These coins have held their pre/discovery prices very well. From what I have heard, not that many were returned to the TPGS for compensation. ICG puts them in their "Yellow Label" educational slab and many Morgan dollar collectors still wish to have examples in their collection. </p><p><br /></p><p>In the 1970's when new counterfeits were discovered, word got out and the coins dropped off the market. The "Micro O" dollars were accepted as rare genuine coins for decades and were slabbed by all the TPGS. They were in dealers stocks and had been sold into private collections by Morgan dollar experts. To remove these counterfeits from the market would have been an economic disaster so they became "acceptable" to own. </p><p><br /></p><p>Since their discovery, many more dollars of different dates (that were bought /sold as genuine) have been discovered to be fakes from the same maker and time period. I own several. Unfortunately none that have been slabbed. The best place to find them is in junk lots of G-XF Morgans. The 1899-O seems to be the most common.[/QUOTE]</p><p><br /></p>
[QUOTE="Insider, post: 2539946, member: 24314"]Actually, that is not true. These coins have held their pre/discovery prices very well. From what I have heard, not that many were returned to the TPGS for compensation. ICG puts them in their "Yellow Label" educational slab and many Morgan dollar collectors still wish to have examples in their collection. In the 1970's when new counterfeits were discovered, word got out and the coins dropped off the market. The "Micro O" dollars were accepted as rare genuine coins for decades and were slabbed by all the TPGS. They were in dealers stocks and had been sold into private collections by Morgan dollar experts. To remove these counterfeits from the market would have been an economic disaster so they became "acceptable" to own. Since their discovery, many more dollars of different dates (that were bought /sold as genuine) have been discovered to be fakes from the same maker and time period. I own several. Unfortunately none that have been slabbed. The best place to find them is in junk lots of G-XF Morgans. The 1899-O seems to be the most common.[/QUOTE]
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