Photo of what ANACS is now doing with 1896-1900-1902 Micro-O Morgans

DennisH

I appreciate their decision to start doing this:

link to photo

DickyBetz

I dont follow. Why does it say "undertimined origin" on it?

DennisH

Because they're counterfeits. All the major grading services stopped grading them earlier this year, PCGS being the last.

construct

<< <i>I dont follow. Why does it say "undertimined origin" on it? >>



1896, 1900, and 1902 Micro-Os have been determined to be contemporary counterfeits.

DorkGirl

Dennis, is she yours? Do you have a reverse pic? I would love to have one of those.

Wolf359

Interesting. However, there's no grading opinion so I can't associate it with value.

goose3

<< <i>Interesting. However, there's no grading opinion so I can't associate it with value. >>



Just imagine the trouble if it was a problem piece and NOT Net graded.

291fifth

Not good.

flaminio

<< <i>Interesting. However, there's no grading opinion so I can't associate it with value. >>

How does one value counterfeits?

But I agree -- it should have a grade on it. Unless... Perhaps it was sent in on ANACS' autheticate only option. For real coins, these have no grade and are labeled only "** GENUINE **". Obviously, they can't label this one "genuine".

Wolf359

How does one value counterfeits?

Interest and demand. The 1902-O Micro O traded for 3200 once in a PCGS VF25 holder. Now considered counterfeit, they still
trade, but not quite that high.

DennisH

This one used to be a PCGS Good-06, before they bought it back and returned the coin to me.

DNADave

When was the coin in the link slabbed? Quite some time by the number.

wam98

This is good to know as I had not sent my 96 micro o due to the fact that ANACS noted they do not grade and encapsulate coins that are not genuine.

DennisH

When was the coin in the link slabbed? Quite some time by the number.

The coin was slabbed early last week.

kieferscoins

The link no longer works. I'd like to see the slab label

Cameron Kiefer

flaminio

<< <i>The link no longer works. I'd like to see the slab label >>

The host changed the filename for some reason. Here's the fixed link:

http://www.members.aol.com/westdairy2/1902.jpg

kieferscoins

Thanks!

Cameron Kiefer

kieferscoins

<< <i>Because they're counterfeits. All the major grading services stopped grading them earlier this year, PCGS being the last. >>



PCGS was the first. They were the ones with the initial press release.

Cameron Kiefer

morgannut2

There are lots of very interesting contemporary counterfeits that circulated particularly early in US history. Some are pretty valuable-- Even the famous 6 figure value "Strawberry Cent" is a possible example. With that exception does Anacs certify all contempory counterfeits (not Chinese fakes etc.) as "undetermined origin" now????

flaminio

<< <i>Thanks! >>

Surfing a little more, I notice that this guy has a complete set:





Even if they are fakey, it's still a pretty cool set!

jdsinva

I don't think you need to worry about a grading opinion because most that I've seen were in the G-VG range. I've read there were higher grade coins, but I'm sure they're in strong hands right now. All I could manage to collect was one 1896-O micro O that grade VG by PCI. I picked it up off of eBay several years back for $9.99 + S&H. At the time, I couldn't believe I was the only one that saw that coin.

Conder101

<< <i>PCGS was the first. They were the ones with the initial press release. >>


No PCGS was the last. NGC was the first to stop slabbing them. They decided over five years ago that they were not genuine and stopped slabbing them. That was why when PCGS came out with their press release NGC only had 8 coins outstanding in their holders.