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So I go to a local auction today...
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<p>[QUOTE="sf340flier, post: 153761, member: 5806"]...and the advertisement states "Morgan Proof Dollars 1878-1895." Of course, the 1895 caught my eye, so I called the auctioneer a few days back. He confirms that a set of 8-10 proofs will be at the auction, no-reserve, including an 1895.</p><p><br /></p><p>So my wife and I drive about 30 miles and we get there an hour early for inspections (I had asked about Morgan proofs earlier in the week on this forum). And low and behold, there was a mirror polished, beautiful (and obviously a repro) 1895 Morgan (along with many other "proofs"). On the back, the words "COPY" were inscribed.</p><p><br /></p><p>When I asked the auctioneer, he said "Yeah, they're not original and a lot of people are upset." The dealer went on to tell me that he didn't know coins and they looked like proofs to him. He didn't notice the COPY stamped on the back, even though it was fairly obvious. </p><p><br /></p><p>I had also heard a rumor from the normal coin collecting group that I always see at these local auctions that some people had flown in (although who knows if that's true).</p><p><br /></p><p>I guess in the back of my mind I knew no one would dispose of Morgan Proofs (especially an 1895) at a small local auction outside the coin community -- but I thought it was worth a shot.[/QUOTE]</p><p><br /></p>
[QUOTE="sf340flier, post: 153761, member: 5806"]...and the advertisement states "Morgan Proof Dollars 1878-1895." Of course, the 1895 caught my eye, so I called the auctioneer a few days back. He confirms that a set of 8-10 proofs will be at the auction, no-reserve, including an 1895. So my wife and I drive about 30 miles and we get there an hour early for inspections (I had asked about Morgan proofs earlier in the week on this forum). And low and behold, there was a mirror polished, beautiful (and obviously a repro) 1895 Morgan (along with many other "proofs"). On the back, the words "COPY" were inscribed. When I asked the auctioneer, he said "Yeah, they're not original and a lot of people are upset." The dealer went on to tell me that he didn't know coins and they looked like proofs to him. He didn't notice the COPY stamped on the back, even though it was fairly obvious. I had also heard a rumor from the normal coin collecting group that I always see at these local auctions that some people had flown in (although who knows if that's true). I guess in the back of my mind I knew no one would dispose of Morgan Proofs (especially an 1895) at a small local auction outside the coin community -- but I thought it was worth a shot.[/QUOTE]
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So I go to a local auction today...
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