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New pawnshop arrival: high-grade 1901-P Morgan
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<p>[QUOTE="-jeffB, post: 3248980, member: 27832"]...actually, Morgan<b>s</b>, close to a dozen of them. All priced at the "shiny silver dollar" price point of $40; normal Morgan and Peace dollars are $23, and if they ever get a CC dollar (the only "key" they routinely check for), it'll be higher.</p><p><br /></p><p>These "coins" are all pretty much identical:</p><ul> <li>Satiny finish, with muted luster over the whole surface</li> <li>Very weak/flat stars on the obverse</li> <li>Very few bag or handling marks -- most would probably be 65 or above</li> <li>Probably a dozen other flags for anyone who collects Morgans</li> </ul><p>I patiently explained to a sales associate that, if those coins were real, they would represent several <i>million</i> dollars of value. I didn't try to get photos, because my phone camera is hardly worthwhile, and The Big Camera would make the customers nervous.</p><p><br /></p><p>In the past, this store has put out Chinese fakes at a low price, and explained to customers that they aren't real coins. I'll see whether they reclassify these. Wonder how much they paid for them....[/QUOTE]</p><p><br /></p>
[QUOTE="-jeffB, post: 3248980, member: 27832"]...actually, Morgan[B]s[/B], close to a dozen of them. All priced at the "shiny silver dollar" price point of $40; normal Morgan and Peace dollars are $23, and if they ever get a CC dollar (the only "key" they routinely check for), it'll be higher. These "coins" are all pretty much identical: [LIST] [*]Satiny finish, with muted luster over the whole surface [*]Very weak/flat stars on the obverse [*]Very few bag or handling marks -- most would probably be 65 or above [*]Probably a dozen other flags for anyone who collects Morgans [/LIST] I patiently explained to a sales associate that, if those coins were real, they would represent several [I]million[/I] dollars of value. I didn't try to get photos, because my phone camera is hardly worthwhile, and The Big Camera would make the customers nervous. In the past, this store has put out Chinese fakes at a low price, and explained to customers that they aren't real coins. I'll see whether they reclassify these. Wonder how much they paid for them....[/QUOTE]
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