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Author Topic: Ungraded 1893-S Morgan Silver Dollar, accepting BTC or other coins  (Read 4600 times)
timk225 (OP)
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July 20, 2014, 07:12:38 PM
 #1

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.



RedGummyBear
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July 20, 2014, 09:32:03 PM
 #2

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.

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Possum577
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July 21, 2014, 03:55:22 AM
 #3

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.

GreenCoin22
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July 21, 2014, 08:34:23 AM
 #4

I have reason to believe that this is pure speculation, even darkcoin payment accepted
djjacket
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July 21, 2014, 03:19:10 PM
 #5

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
markj113
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July 21, 2014, 03:27:29 PM
 #6

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  Roll Eyes

Scam written all over it.
notserp
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July 21, 2014, 03:56:30 PM
 #7

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  Roll Eyes

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
RedGummyBear
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July 21, 2014, 04:28:02 PM
 #8

 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


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markj113
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July 21, 2014, 04:40:56 PM
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Time to tag op as a scammer?
RedGummyBear
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July 21, 2014, 04:43:21 PM
 #10

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.

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djjacket
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July 21, 2014, 04:44:35 PM
Last edit: July 21, 2014, 05:02:18 PM by djjacket
 #11

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


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  Cheesy
RedGummyBear
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July 21, 2014, 04:46:36 PM
 #12

I just noticed the pitting marks on the Eagles chest same exact marks on the Ebay listing.

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markj113
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July 21, 2014, 04:47:43 PM
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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.
RedGummyBear
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July 21, 2014, 04:49:22 PM
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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.

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timk225 (OP)
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July 21, 2014, 06:27:20 PM
 #15

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".

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July 21, 2014, 06:33:30 PM
 #16

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.
timk225 (OP)
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July 21, 2014, 06:35:45 PM
 #17

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.
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July 21, 2014, 06:38:26 PM
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None all coins are the same...condition makes no differences.   Roll Eyes
markj113
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July 21, 2014, 06:38:42 PM
 #19

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.
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July 21, 2014, 06:43:00 PM
 #20

No one is that dumb... coin collector or not.
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