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I purchased this coin for $20
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<p>[QUOTE="Collect89, post: 1996845, member: 15445"]Happy is good.</p><p>The coin looks nice but it has some characteristics that should be scrutinized. Note that the SF mint made great really-high-quality 1882 Morgans. However, your Morgan is not from SF. It is a Philadelphia coin. The Philadelphia mint did not have the reputation of taking care of their dies and product like the SF mint did. Also, essentially all business strike Philadelphia Morgan dollars were roughly handled. They were bagged & transported with other dollar coins. The heavy coins contacting each other caused bag marks on essentially every Philadelphia Morgan coin. (The Carson City coins are more heavily bag marked because the transportation environment was harsher than Philadelphia). Your example has no evidence of <u>any</u> bag marks. Therefore, the first thing that I think of when seeing your new coin is that it either (1) was not a Philadelphia mint product or (2) it was processed in a way that removed all the normal bag marks & luster. [The processing may be responsible for the loss of fine details in the tail feathers, leaves, bow, etc.].</p><p> </p><p>FYI, US silver dollars are 90% silver and the weight & dimensions are tightly controlled. If you ever have a suspect Morgan, then measure the weight, dimension, and compare the reeded edge with other Morgans in a short stack.</p><p> </p><p>IMO, assuming your coin is real, then it is a happy purchase at $20.[/QUOTE]</p><p><br /></p>
[QUOTE="Collect89, post: 1996845, member: 15445"]Happy is good. The coin looks nice but it has some characteristics that should be scrutinized. Note that the SF mint made great really-high-quality 1882 Morgans. However, your Morgan is not from SF. It is a Philadelphia coin. The Philadelphia mint did not have the reputation of taking care of their dies and product like the SF mint did. Also, essentially all business strike Philadelphia Morgan dollars were roughly handled. They were bagged & transported with other dollar coins. The heavy coins contacting each other caused bag marks on essentially every Philadelphia Morgan coin. (The Carson City coins are more heavily bag marked because the transportation environment was harsher than Philadelphia). Your example has no evidence of [U]any[/U] bag marks. Therefore, the first thing that I think of when seeing your new coin is that it either (1) was not a Philadelphia mint product or (2) it was processed in a way that removed all the normal bag marks & luster. [The processing may be responsible for the loss of fine details in the tail feathers, leaves, bow, etc.]. FYI, US silver dollars are 90% silver and the weight & dimensions are tightly controlled. If you ever have a suspect Morgan, then measure the weight, dimension, and compare the reeded edge with other Morgans in a short stack. IMO, assuming your coin is real, then it is a happy purchase at $20.[/QUOTE]
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