Bitcoin Forum

Economy => Collectibles => Topic started by: timk225 on July 20, 2014, 07:12:38 PM



Title: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 20, 2014, 07:12:38 PM
I have had this coin for a few years now, but never got around to getting it graded.  It's graded value can be anywhere from several thousand dollars to $15K plus, but I'm no coin expert.  I got it via inheritance.

It's an 1893 S Morgan silver dollar.

I would like to get 2.5 BTC for it, or the equivalent of 2.5 BTC in another coin, such as Litecoin, or Darkcoin, that I could then swap for BTC on an exchange.  

I have been mining coins for over a year, and while it has been fun, at least when I win on a deal, I think I'd like to go more on the investing side.  Buying and holding, then selling.  This requires start up capital, which is why I want to sell this coin.

PM me with any questions or offers.

http://i1308.photobucket.com/albums/s601/purepwnage5000/morgan1_zps547189e6.jpg

http://i1308.photobucket.com/albums/s601/purepwnage5000/morgan2_zps091b8b19.jpg


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 20, 2014, 09:32:03 PM
This is a very Nice Replica. Chinese made. If you spend the $40 to have it graded you will see when they confiscate it. A rare coin like this one in this condition would be over $10,000    It makes a nice conversation piece.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Possum577 on July 21, 2014, 03:55:22 AM
This is a very Nice Replica. Chinese made. If you spend the $40 to have it graded you will see when they confiscate it. A rare coin like this one in this condition would be over $10,000    It makes a nice conversation piece.

Can you tell it's a replica by looking at it or are you assuming based on the condition? I have a few similar coins with equal amount of wear (very little) but more patina.

I acquired mine 20 years ago.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: GreenCoin22 on July 21, 2014, 08:34:23 AM
I have reason to believe that this is pure speculation, even darkcoin payment accepted


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: djjacket on July 21, 2014, 03:19:10 PM
Same Pictures from this ebay listing - be careful sending any payment unless you can prove they are the the same seller.  Most likely not considering the story posted in this listing is not a Coin Store.

http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e (http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e)


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: markj113 on July 21, 2014, 03:27:29 PM
if a deal sounds too good to be true....

could be worth several thousand to 15k+ if I spent a few $ getting it graded but I wont and will take 2.5BTC for it  ::)

Scam written all over it.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: notserp on July 21, 2014, 03:56:30 PM
if a deal sounds too good to be true....

could be worth several thousand to 15k+ if I spent a few $ getting it graded but I wont and will take 2.5BTC for it  ::)

Scam written all over it.

haha yup

i think i seen someone trying to do the same thing with the same coin a few months ago on here


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 21, 2014, 04:28:02 PM
http://i61.tinypic.com/10o4sgw.jpg  Arrows 1-4 show an extra amount of ridges Arrow #1 is a good example of a pored die. Notice Arrow #5 starts back smooth like a normal ridge would be.   This is chinese made and simply putting it on a scale would show the weight is not accurate.

No one would sell a $10,000 ungraded coin for $1,500 in BTC I would be able to make a fortune off this coin if it were real.

Yes this is the exact same coin on Ebay same poured die with Extra ridges.

Same Pictures from this ebay listing - be careful sending any payment unless you can prove they are the the same seller.  Most likely not considering the story posted in this listing is not a Coin Store.

http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e (http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e)



Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: markj113 on July 21, 2014, 04:40:56 PM
Time to tag op as a scammer?


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 21, 2014, 04:43:21 PM
Time to tag op as a scammer?
I'm not sure if he knows it's fake or not.  But he has it listed on ebay too.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: djjacket on July 21, 2014, 04:44:35 PM
Yes this is the exact same coin on Ebay same poured die with Extra ridges.

Same Pictures from this ebay listing - be careful sending any payment unless you can prove they are the the same seller.  Most likely not considering the story posted in this listing is not a Coin Store.

http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e (http://www.ebay.com/itm/1893-S-MORGAN-DOLLAR-ALMOST-UNCIRCULATED-RARE-BETTER-DATE-/380952633742?pt=Coins_US_Individual&hash=item58b28be18e)


I went ahead and tried to report it on ebay as a fake coin - not sure ebay will act on it to save some pour informed person from buying a fake coin...  Thanks for the analysis of the pictures.  

If the OP is not the one selling on ebay, they picked a crappy image to based their scam off of  :D


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 21, 2014, 04:46:36 PM
I just noticed the pitting marks on the Eagles chest same exact marks on the Ebay listing.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: markj113 on July 21, 2014, 04:47:43 PM
Time to tag op as a scammer?
I'm not sure if he knows it's fake or not.  But he has it listed on ebay too.

Of course he knows it a fake, otherwise you would grade it and sell for 10X the asking price.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 21, 2014, 04:49:22 PM
Time to tag op as a scammer?
I'm not sure if he knows it's fake or not.  But he has it listed on ebay too.

Of course he knows it a fake, otherwise you would grade it and sell for 10X the asking price.
Another possibility is that the Op borrowed the pics from Ebay and doesn't even have the coin.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 21, 2014, 06:27:20 PM
Wow, I never knew we had so many numismatic experts here!  I just Copy and Pasted the photos from ebay as it is the same type of coin as mine, and no photos I was able to take with my iphone came out very well, there were always shadows in it somewhere.

That's not my ebay auction.

I could try again later to take better photos, maybe outside in shaded daylight so it looks more even for light and dark areas.

And if anyone feels I am selling it too cheaply, I will be happy to accept more for it!  I figured I'd price it at a level where even if it comes out low on the grading scale, the buyer doesn't lose money on it.

RedGummyBear - L2Spell.  "poured" has a letter "u" in it.  You wrote "pored".

Djjacket - you L2Spell too.  In your case, "pour" should be "poor".



Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Blazed on July 21, 2014, 06:33:30 PM
So you are trying to sell a coin...but used a random eBay picture?  I would recommend escrow big time if you trade with this guy...This looks scammy as hell.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 21, 2014, 06:35:45 PM
An 1893 coin is an 1893 coin, how many differences can there be?

I just looked at a few new quarters in my car's change tray, they look pretty much the same to me.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Blazed on July 21, 2014, 06:38:26 PM
None all coins are the same...condition makes no differences.   ::)


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: markj113 on July 21, 2014, 06:38:42 PM
quiet naive considering these coins could be worth up to 15k as you stated in your first post.

So a pic of the actual coin is pretty important.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Blazed on July 21, 2014, 06:43:00 PM
No one is that dumb... coin collector or not.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: djjacket on July 21, 2014, 06:53:40 PM
Must have hit a nerve if the spelling police had to come out!

Seriously, post the actual pics of the coin and I bet some here would be interested...


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Possum577 on July 21, 2014, 07:13:32 PM
Wow, I never knew we had so many numismatic experts here!  I just Copy and Pasted the photos from ebay as it is the same type of coin as mine, and no photos I was able to take with my iphone came out very well, there were always shadows in it somewhere.

That's not my ebay auction.

I could try again later to take better photos, maybe outside in shaded daylight so it looks more even for light and dark areas.

And if anyone feels I am selling it too cheaply, I will be happy to accept more for it!  I figured I'd price it at a level where even if it comes out low on the grading scale, the buyer doesn't lose money on it.

RedGummyBear - L2Spell.  "poured" has a letter "u" in it.  You wrote "pored".

Djjacket - you L2Spell too.  In your case, "pour" should be "poor".



Haha, good call on the "Word Crimes" -- https://www.youtube.com/watch?v=8Gv0H-vPoDc (https://www.youtube.com/watch?v=8Gv0H-vPoDc)

But you shouldn't be posting on threads while driving...


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 21, 2014, 07:14:13 PM
You all are making me think I should get it graded and sell it myself!  Maybe I will do that and make more money off of it than just 2.5 BTC.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: djjacket on July 21, 2014, 07:22:26 PM
You all are making me think I should get it graded and sell it myself!  Maybe I will do that and make more money off of it than just 2.5 BTC.

You should - This coin is one of the most faked and altered Morgans and a buyer would be pretty foolish to purchase one without getting it authenticated.  That's what grading will do for you.

The fact that you posted an image of a coin that was not yours and did not disclose this makes it very scammy since the value of the coin very much depends on its condition - Your coin could have a hole in the middle of if for all we know.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: RedGummyBear on July 21, 2014, 10:07:09 PM
Wow, I never knew we had so many numismatic experts here!  I just Copy and Pasted the photos from ebay as it is the same type of coin as mine, and no photos I was able to take with my iphone came out very well, there were always shadows in it somewhere.

That's not my ebay auction.

I could try again later to take better photos, maybe outside in shaded daylight so it looks more even for light and dark areas.

And if anyone feels I am selling it too cheaply, I will be happy to accept more for it!  I figured I'd price it at a level where even if it comes out low on the grading scale, the buyer doesn't lose money on it.

RedGummyBear - L2Spell.  "poured" has a letter "u" in it.  You wrote "pored".

Djjacket - you L2Spell too.  In your case, "pour" should be "poor".


Thanks for pointing out my typo.  I'm glad i could be of service pointing out this fake coin. So your using a photo from Ebay and trying to sell a coin that you claim you have but don't have any real pictures.  Every time you type something new it makes you look worse.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: ny2cafuse on July 21, 2014, 10:46:43 PM
Picture with the coin next to your forum name and date hand written on a piece of paper, regardless of whether you're going to try to sell it.  The fact that you say you've had the coin for 20 years and it still isn't graded is a sign as well.  Any collector would have even the shittiest coin graded to prove authenticity.  Going forward people will think you are a scammer because of this thread.

Hell... if I see a post from you to sell something, I'll refer people to this thread with a warning.

I'm tired of fucking scammers.  Especially ones trying to get this much money.

-Fuse


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 22, 2014, 02:10:57 AM
I never said I had it 20 years.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: wafdawg on July 22, 2014, 02:41:57 AM
Per my 2013 Red Book:

A 1893-S graded MS67 sold in a Heritage auction in 2011 for $546,250.  Mintage 100K, In VF-20 it is worth $5200, EF-40, $9k, AU-50 $20K, MS60 $120K, MS63 $185K, MS64 $330K, and lastly in MS65 $650K. 

Anyone who really has this coin would know its worth.  This coin is fake to death.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Possum577 on July 22, 2014, 04:40:58 AM
Picture with the coin next to your forum name and date hand written on a piece of paper, regardless of whether you're going to try to sell it.  The fact that you say you've had the coin for 20 years and it still isn't graded is a sign as well.  Any collector would have even the shittiest coin graded to prove authenticity.  Going forward people will think you are a scammer because of this thread.

Hell... if I see a post from you to sell something, I'll refer people to this thread with a warning.

I'm tired of fucking scammers.  Especially ones trying to get this much money.

-Fuse

You should probably stop fucking scammers then!

Sorry, couldn't resist.

BTW, I was the one that has had coins like these for 20 years. The earliest is dated 1882.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: ny2cafuse on July 22, 2014, 01:25:33 PM
Picture with the coin next to your forum name and date hand written on a piece of paper, regardless of whether you're going to try to sell it.  The fact that you say you've had the coin for 20 years and it still isn't graded is a sign as well.  Any collector would have even the shittiest coin graded to prove authenticity.  Going forward people will think you are a scammer because of this thread.

Hell... if I see a post from you to sell something, I'll refer people to this thread with a warning.

I'm tired of fucking scammers.  Especially ones trying to get this much money.

-Fuse

You should probably stop fucking scammers then!

Sorry, couldn't resist.

BTW, I was the one I said had coins like these for 20 years. The earliest is dated 1882.

OK... I got the 20 year thing mixed up.

You did get me though... that was pretty good  :D.

Either way, timk225... clear up the situation or someone will end up putting a scam accusation thread in the scam subforum.  It might even be me.

-Fuse


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 22, 2014, 03:18:40 PM
I'm going to take it to some coin collectors after work today or tomorrow.  I did a google search, and there are some big fancy shops in the city that claim they can estimate its grade, so we will see what they say about it.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: haploid23 on July 24, 2014, 05:17:21 PM
I just Copy and Pasted the photos from ebay as it is the same type of coin as mine,

That's not my ebay auction.

Are you fuking dumb? Or just playing dumb? When you have a coin like this, you would know that condition is everything because it's a numismatic. Why steal a picture and say your coin is the same "type" of coin.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: robhimself on July 25, 2014, 03:29:23 AM
I just Copy and Pasted the photos from ebay as it is the same type of coin as mine,

That's not my ebay auction.

Are you fuking dumb? Or just playing dumb? When you have a coin like this, you would know that condition is everything because it's a numismatic. Why steal a picture and say your coin is the same "type" of coin.

There's no way anyone is that dumb, clearly a scammer.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: xjack on July 25, 2014, 04:34:48 AM
just get a magnet and see if the coin is attracted to the magnet.

...and if its not magnetic all you've proven is that it doesnt contain ferrous materials.

Terrible testing method.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Possum577 on July 25, 2014, 05:06:53 AM
You guys/gals did a great job calling bull shit when things didn't sound right from the beginning. I feel better about this community knowing that so many people are genuinely interested in make sure others, strangers, won't get ripped off.



Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 26, 2014, 02:23:01 AM
I took it to two coin collector shops yesterday that said they could estimate it.  One gave it a VG-10 rating and the other an F-12.  I looked up the grading scale and it is on the low end.   I will probably put them on ebay or ask the coin shops what price they want to offer for them.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Treggar on July 26, 2014, 01:51:15 PM
Seems shady.  Why not just take a picture of it?  You really expect someone to buy something they haven't seen?


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: Blazed on July 26, 2014, 02:02:52 PM
You guys/gals did a great job calling bull shit when things didn't sound right from the beginning. I feel better about this community knowing that so many people are genuinely interested in make sure others, strangers, won't get ripped off.




We are just tired of all the scams we see here every day...being screwed over has made us like this unfortunately.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: TECSHARE on July 27, 2014, 12:56:27 PM
I took it to two coin collector shops yesterday that said they could estimate it.  One gave it a VG-10 rating and the other an F-12.  I looked up the grading scale and it is on the low end.   I will probably put them on ebay or ask the coin shops what price they want to offer for them.
Shops will not give you a good price, its basically like a pawnshop would do. Please consider my offer. I will pay your asking price if it is genuine and you ship first and allow me an inspection before payment. If I have any issues with it I will return it at my own expense. I don't think you will get a better deal than that, especially here.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: timk225 on July 27, 2014, 03:34:45 PM
I don't think I will sell it to anyone here, I don't appreciate the attitude I have been given about it.  I'll either deal with a coin shop directly or put it on ebay.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: markj113 on July 27, 2014, 04:04:01 PM
I don't think I will sell it to anyone here, I don't appreciate the attitude I have been given about it.  I'll either deal with a coin shop directly or put it on ebay.

why not post a pic of it with your username so we can all see what we are missing out on.

Your coin that is, not a similar one listed on ebay.


Title: Re: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins
Post by: haploid23 on July 27, 2014, 04:53:02 PM
I don't think I will sell it to anyone here, I don't appreciate the attitude I have been given about it.  I'll either deal with a coin shop directly or put it on ebay.

Then why did you list it on here? You got called out because you posted a stolen picture that's not even the same coin. For an item like this, wtf did you expect to happen? I hope you're not thinking some naive collector will just hand you $1.5k blindly.