Fake Morgan rolls, check this 10 minute video out..
AUandAG
Posts: 24,789 ✭✭✭✭✭
https://www.youtube.com/watch?v=gWD_DoMOnM8Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
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AUandAG
Posts: 24,789 ✭✭✭✭✭
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Well done. Is it your channel?
In some ways, you're preaching to the choir on this forum, but hopefully a couple new collectors will see this and save some money
the last example 1894-S looks like they played with fields and devices to make it look closer to PL or DMPL
Not my channel, but just found it a few months ago. Some good info and hopefully the new folks will pick up on this before they get scammed.
bob
The wrap line on the end of the crimp on the roll has the appearance of a hand crimper.
Sadly, many of us have these learning experiences early on. I remember 20 years ago buying a bunch of BU Morgans that were all AU. I just didn’t know better.
TurtleCat Gold Dollars
Awesome video! Thank you so much for posting!
You're welcome.
bob
@AUandAG ....Thanks Bob.... This kind of post is a big help.... Really for all members... Many learn things, and others get a 'refresher' course....Cheers, RickO
Search youtube for morgan dollar rolls and several videos come up showing them being opened and the contents.
I've watched them and do every time one gets posted. Not one buyer has come out ahead and all have lost a lot of money on rolls. The newest "loser" is the guy with the russian accent that thinks he's going to find a 1889cc or 1884s in UNC.....yeah sure. I've left comments for them all to help them understand it's a pig in a poke.
Had a collector in my area purchase one of these rolls. When he called me he claimed the roll were all 1889-CC's. I visited him and we decided to unwrap the roll. Much to his surprise but not mine is that the CC at the end of the roll was an 1883-CC and the rest were a combination of common Philadelphia and New Orleans coins, most were Unc. the 1889 that he thought was a CC was not. Needless to say, I looked up these so-called rolls and read past posts about them. This is the kind of unethical business practice that upsets me greatly. No better that the precious metal investment companies on CNN, MSNBC, or Fox News who sell common gold coins and bullion at outrageous prices. I tell collectors, especially the new ones, when purchasing certain coins to do your homework and if it sounds too good to be true then more than likely it is.
I've seen those too and it's very sad.
Greed is a powerful motivator ... both from the seller and the buyer.
See http://www.doubledimes.com for a free online reference for US twenty-cent pieces
theres some good tips to go by in that video. thanks for posting