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<p>[QUOTE="lordmarcovan, post: 2772771, member: 10461"]It appears to have been <a href="https://www.cointalk.com/threads/what-is-a-whizzed-coin.196059/" class="internalLink ProxyLink" data-proxy-href="https://www.cointalk.com/threads/what-is-a-whizzed-coin.196059/">whizzed</a>, which makes it look strange to those with a more seasoned eye, but which can certainly slip past the uninitiated who have not looked at many Morgan dollars.</p><p><br /></p><p>While still an attractive coin from a basic design/details standpoint, those surfaces are so flat and unnatural looking that it will not be a coin desired by a serious collector, though much of the general public would still admire it and it would make a nice jewelry piece. In fact, that may be why it was whizzed/polished- it could have been a jewelry piece in the past.</p><p><br /></p><p>As of this post there is $12.86 worth of <a href="http://www.coinflation.com/silver_coin_values.html" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://www.coinflation.com/silver_coin_values.html" rel="nofollow">silver bullion in a Morgan dollar</a>, so buying a "problem" coin for $30 is not numismatically sound practice, but it's a fairly cheap mistake as these things go. And some non collector who wants that for jewelry or a belt buckle might pay $30 to get you out of it.</p><p><br /></p><p>Or keep it anyway. If silver goes up again, the rising bullion price would wash away the monetary error.</p><p><br /></p><p>Do not accuse the seller of ripping you off. They maybe didn't know it was a problem coin. Just use it as a cheap lesson learned. Hang out on forums like this and you'll learn more <i>without</i> spending money. You've at least done right in that regard.[/QUOTE]</p><p><br /></p>
[QUOTE="lordmarcovan, post: 2772771, member: 10461"]It appears to have been [URL='https://www.cointalk.com/threads/what-is-a-whizzed-coin.196059/']whizzed[/URL], which makes it look strange to those with a more seasoned eye, but which can certainly slip past the uninitiated who have not looked at many Morgan dollars. While still an attractive coin from a basic design/details standpoint, those surfaces are so flat and unnatural looking that it will not be a coin desired by a serious collector, though much of the general public would still admire it and it would make a nice jewelry piece. In fact, that may be why it was whizzed/polished- it could have been a jewelry piece in the past. As of this post there is $12.86 worth of [URL='http://www.coinflation.com/silver_coin_values.html']silver bullion in a Morgan dollar[/URL], so buying a "problem" coin for $30 is not numismatically sound practice, but it's a fairly cheap mistake as these things go. And some non collector who wants that for jewelry or a belt buckle might pay $30 to get you out of it. Or keep it anyway. If silver goes up again, the rising bullion price would wash away the monetary error. Do not accuse the seller of ripping you off. They maybe didn't know it was a problem coin. Just use it as a cheap lesson learned. Hang out on forums like this and you'll learn more [I]without[/I] spending money. You've at least done right in that regard.[/QUOTE]
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