What year of Morgan dollar's ???

Discussion in 'Coin Chat' started by Doug1974, Feb 4, 2015.

  1. tommyc03

    tommyc03 Senior Member

    Hmmmm... Let's say you have a supposed 1794 Flowing Hair Dollar in hand that might be MS63 and might be worth $950,000 and you are suspicious, you would try a drop on the floor test? It's hard enough to teach newbies not to touch the surface of a coin. And I'm not being sarcastic, really.
     
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  3. Tom B

    Tom B TomB Everywhere Else

    This reads like an alarmist post. There are two very real possibilities for what was written. First, they could have been counterfeit coins in counterfeit slabs. Second, they could have been real coins with similar scuffs. Since there aren't images, we cannot tell.
     
  4. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    So you would rather have inexperienced and uninformed new collectors base their purchases on conjecture? I am certainly not saying that the TPGs are perfect, but common sense dictates that they indeed offer the novice a much more secure buying option than relying on their own non-existent skills or identification methods suitable for only the most rudimentary of fakes. The reality is that, fake slabs aside, the TPGs do a rather good job of weeding out counterfeits; your example, if true, is an exception and certainly not the rule. Now with that said, I am very big on using one's eye as opposed to blindly trusting an encased label, but the ability to do so comes with study and experience, so until that time comes, a new collector trusting their eye over that of a TPG is on a fool's errand.

    As for the "ring test" theory, with all due respect, it too is of questionable value for anything other than the often crude base metal fakes. Beyond this, any dealer willing to allow a potential buyer to smack their coins off of a hard surface
     
    Doug1974 likes this.
  5. coinman1234

    coinman1234 Not a Well-Known Member

    Good words of advice, the coin the Doug posted is completely real based on what I can see, nothing about it is wrong. Go with your gut on whether the coin is real or not if you see a coin at a shop or show you would buy, if you buy it way it and compare it's details and appearance to a known real coin. Sometimes a fake will be bubbly, details may be soft, certain details may be wrong such as the date looking different on two coins. If anything looks off return it and keep the receipts. Those are just a couple things to look for, I think that @Ed23 said most of the important things to look for.
     
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  6. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    (continued)

    would need to have their head examined; meaning with anything other than junk silver (and even then) it's not going to happen.

    Again, and just to be clear, I am not questioning your right to your opinion, but I am the logic behind and the belief that it is wise advice for the new collector, especially considering the other options available.
     
  7. Mainebill

    Mainebill Bethany Danielle

    image.jpg image.jpg When you get more serious you can also either focus on prooflike morgans or toned morgans like these
     
  8. krispy

    krispy krispy


    o_O That's the same site I sent you to in Post #6, which you "liked" and replied to! Slow it down and read carefully. :stop: Stop buying coins till you finish reading books and websites we've been handing to you. ;)
     
    Doug1974 likes this.
  9. Doug1974

    Doug1974 Active Member

    Your right ! I am splurging do to a recent inheritance in the form of silver brick's/coin's .:nailbiting:
     
  10. krispy

    krispy krispy

    That's "due" not "do"...

    And, if money is burning a hole in your pocket, you better put it away somewhere safer for the time being, or it will be gone in a flash.
     
    Doug1974 likes this.
  11. Doug1974

    Doug1974 Active Member

    I will NOT spend a dime of my cash just trade what I was blessed with . But my wife agree's with you .
     
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  12. BooksB4Coins

    BooksB4Coins Newbieus Sempiterna

    If not careful, you very well could end up "blessing" someone else.
     
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  13. Doug1974

    Doug1974 Active Member

    Very true my friend :pompous:
     
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