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1895 business strike Morgan found in Las Vegas.

RussRuss Posts: 48,514 ✭✭✭
in U.S. Coin Forum
It's only worth $120K, though. image

Russ, NCNE
eBay consignment sales | | Collectibles from Resco CCC

Comments

  • GoldenEyeNumismaticsGoldenEyeNumismatics Posts: 13,187 ✭✭✭
    link?
  • RWBRWB Posts: 8,082 ✭
    Who discovered it and who verified that it was a circulation strike and not a circulated proof?
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    I saw that too. I kind of came in the middle though.

    I cringed when it dropped on the floor.
  • RussRuss Posts: 48,514 ✭✭✭
    They did get the mintage of 12K correct. The funniest part was when the slimeball lawyer dropped the "1895" Morgan on the floor.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • RWBRWB Posts: 8,082 ✭
    So this was just a stunt or bogus report?
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    Yeah, it was rattling around in his pocket with his keys. A nice safe place for it.
  • tmot99tmot99 Posts: 5,238 ✭✭✭
    It was on the TV show Las Vegas last night.
  • PerryHallPerryHall Posts: 46,724 ✭✭✭✭✭


    << <i>Who discovered it and who verified that it was a circulation strike and not a circulated proof? >>



    ........................or an 1895-O or S with a removed mintmark?

    Worry is the interest you pay on a debt you may not owe.
    "Paper money eventually returns to its intrinsic value---zero."----Voltaire
    "Everything you say should be true, but not everything true should be said."----Voltaire

  • AUandAGAUandAG Posts: 24,889 ✭✭✭✭✭
    Likely Chinese!image
    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    If damaged and low grade, $120K might be an accurate price, even if unique. The seller should have tried for a more reachable number like $5K or $10K...maybe then he could have grabbed a sucker or two.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • 291fifth291fifth Posts: 24,594 ✭✭✭✭✭
    The rest of the story:

    Sam, needing some money to pay her fine, took the coin to a local show and was offered 9x face.image
    All glory is fleeting.
  • mcmximcmxi Posts: 890 ✭
    They do a lot of coin things on that show. I remember one episode where a monk gave sam a 1943 copper cent.
    If I was half as smart as I am dumb Iwould be a genious
  • seateddimeseateddime Posts: 6,180 ✭✭✭
    made in China
    I seldom check PM's but do check emails often jason@seated.org

    Buying top quality Seated Dimes in Gem BU and Proof.

    Buying great coins - monster eye appeal only.
  • CoxeCoxe Posts: 11,139 ✭
    If they were ever struck and still exist, it is likely that they were struck with with the 1894 or 1896 date or an overdated die.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
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  • RWBRWB Posts: 8,082 ✭
    1895-P silver dollars were struck with the correct date at the end of June 1895. There are quite a few original documents attesting to that. (Checkout the new research article in Coin World a year or so ago.)

    What happened to all but a half dozen that went to the Assay Commission, is a mystery.
  • CoxeCoxe Posts: 11,139 ✭
    Not familiar with the CW article. I should not have said "likely" but "possible". I had been looking for 1896 with traces of 6/5 casually for a while. That none made it into collections, considering it was long time acknowledged as a key year for all mints, suggests none ever got out of the Mint. Additionally, with the popularity of Heaton's treatise, just a couple years old then, this is practically assured.
    Select Rarities -- DMPLs and VAMs
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    SSDC - Life Member
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  • sweetwillietsweetwilliet Posts: 2,315 ✭✭✭
    If someone came across an 1895 business strike, I wonder if it would be legal to own, and if PCGS would slab it?
    Listen. Strange women lying in ponds distributing swords is no basis for a system of government. Supreme executive power derives from a mandate from the masses, not from some farcical aquatic ceremony.
    Will’sProoflikes
  • CoxeCoxe Posts: 11,139 ✭


    << <i>If someone came across an 1895 business strike, I wonder if it would be legal to own, and if PCGS would slab it? >>



    I doubt there would be any legality issues. It would be the most scrutinized coin in the history of US numismatics, and perhaps the most celebrated and debated one. PCGS would eagerly slab it as long as it could be authenticated. Why wouldn't they? That is a core part of their business.
    Select Rarities -- DMPLs and VAMs
    NSDR - Life Member
    SSDC - Life Member
    ANA - Pay As I Go Member
  • coindeucecoindeuce Posts: 13,496 ✭✭✭✭✭
    I had a business strike Morgan in 1997 that appeared to be a legitimate circulation strike 1895. It was moderately and evenly toned over the entire surface. It was entrusted to me by an eccentric dealer for authentication by any of the major TPG's. It was presented to Mike Faraone and also David Lange at the A.N.A. convention in N.Y. The look on Mike's face upon initial observation of the coin was priceless. Too bad the coin was merely an altered date 1885-P!! One high profile dealer that I showed it to wanted me to price it to him on the spot, but alas it went back to the eccentric dealer who remained in denial. I saw the dealer about a year after I had returned the coin, and he glumly exclaimed that he had displayed the coin at a show in an unsecure tray from which it was stolen.

    "Everything is on its way to somewhere. Everything." - George Malley, Phenomenon
    http://www.american-legacy-coins.com

  • RWBRWB Posts: 8,082 ✭
    In the past, a "circulation strike 1895-P" Morgan dollar turned up in the hobby media every few years. Lately, their appearances have been less frequent – possibly because of the scrutiny of authentication and grading services and the independent expertise they bring to the bourse floor.
  • roadrunnerroadrunner Posts: 28,313 ✭✭✭✭✭
    When a real one does finally show up, I hope it doesn't get the same cold shoulder that the Walton 1913 Lib Nickel got from Stacks
    (ie fake). It would be a shame to see it get buried again, and have to wait 40 years for the next look at it.

    roadrunner
    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • RussRuss Posts: 48,514 ✭✭✭


    << <i>PCGS would eagerly slab it as long as it could be authenticated. >>



    And, they'd slab it for free. The worldwide publicity would give them priceless exposure.

    Russ, NCNE
    eBay consignment sales | | Collectibles from Resco CCC
  • etexmikeetexmike Posts: 6,852 ✭✭✭
    That Sam is one lucky lady.

    I think she was given a 1943 copper penny last season ,which she returned.

    I guess they will work in an 1804 dollar or 1913 nickel next season. image

    -------------

    etexmike

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