Need help with this Morgan...

[Stone]

I am thinking about getting this and was wondering if it was real or fake and what kind of value it may have. Any ideas?

 

Amazon Forum Fav 👍

A History of Mining on the Kenai Peninsula, Alaska - Grab it through Amazon!

[BigWaveDave]

looks legit to me 30-40 bucks max

 

[Stone]

looks legit to me 30-40 bucks max

Would you get it?

 

[Stone]

looks legit to me 30-40 bucks max

By the way, I'll be trading 16 Silver dimes for it. 12 Mercury dimes, 2 Roosevelt dimes, and 2 Barber dimes.

 

[TypeCoin971793]

I am absolutely positive that it is real as cointerfeiters rarely try to counterfeit lower-value coins such as this. What dimes (dates) in what conditions are you trading for this coin. This would determine if it a fair trade. Also, when you see it in person, rotate it under a good light to look for small hairline scratches that seem to be everywhere and going every which way; this would mean the coin has been cleaned. These old silver dollars were commonly cleaned in the 1950's - 1970's when coin "cleaning" was not seen as obtrusive to the value of the coin, as it is now. Many people who could not afford high-grade specimens cleaned their tarnished coins, often obraisively, to give them the appearance of a higher grade coin. I am not saying this is what happened to your coin, but the possibility is out there. Also, something doesn't look quite right about the patina. It may just be the light, but be careful anyway.

 

[jeff of pa]

By the way, I'll be trading 16 Silver dimes for it. 12 Mercury dimes, 2 Roosevelt dimes, and 2 Barber dimes.

Yes.

That's a little High, you'll be paying almost $8.00 over Spot,
But Morgans have a better chance of future Value increases.

it's also an O (defunct Mint)

http://www.coinflation.com/

 

[Stone]

I am absolutely positive that it is real as cointerfeiters rarely try to counterfeit lower-value coins such as this. What dimes (dates) in what conditions are you trading for this coin. This would determine if it a fair trade. Also, when you see it in person, rotate it under a good light to look for small hairline scratches that seem to be everywhere and going every which way; this would mean the coin has been cleaned. These old silver dollars were commonly cleaned in the 1950's - 1970's when coin "cleaning" was not seen as obtrusive to the value of the coin, as it is now. Many people who could not afford high-grade specimens cleaned their tarnished coins, often obraisively, to give them the appearance of a higher grade coin. I am not saying this is what happened to your coin, but the possibility is out there. Also, something doesn't look quite right about the patina. It may just be the light, but be careful anyway.

I added a few pictures of the dimes.

1905 Barber dime
1912-D Barber dime
1920 no mint mark Mercury dime
1935-P Mercury dime
1935-S Mercury dime
1940-D Mercury dime
1941-P Mercury dime
1941-P Mercury dime
1941-S Mercury dime
1942-P Mercury dime
1942-P Mercury dime
1942-D Mercury dime
1944-P Mercury dime
1945-P Mercury dime
1962-D Roosevelt dime
1964-D Roosevelt dime

 

[TypeCoin971793]

That seems like a fair trade. Just keep in mind that is $8 over spot, as Jeff of Pa said. However, if the coin has been cleaned, I may trade less than 16 dimes, depending on the severity of the cleaning. I don't think it has been severely cleaned, if at all; just be careful, though. An even swap for silver value (although I doubt it would ever come to that) would be 11 dimes. None of the dimes have much, if any, collector value, so you wouldn't lose anything there. All in all, that's about what you would pay at coin/pawn shop, so I think the 16 dimes would be a fair trade.

 

[TheCoinKid]

I'd go for it.

 

[Stone]

I jumped on it and also got a 1900 O Morgan and a 1876 O Morgan. This puts me at 7 silver dollars in 2 months of trading with $0.00 invested.

 

[wells]

If it were me I'd keep the dimes, they lookin good . !

 

[Spaceport]

Do you mean 1886 O morgan? There is no 1876 morgan...the first year was 1878

 

[CoinHELP!]

Did you get all three Morgans for the dimes? What else did you have to trade if not? Silver is selling for at least at least 16 times face, depending on the circulation wear and you should figure the silver face value of your coins before trading for these Morgans. The 1896-O looks VF and the dimes in trade is a bit more than what it sells for in this condition. It's not a bad deal, but I would have tried to do better.