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Carson City Morgans

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Carson City Morgans

Postby IdahoCopper » Mon Mar 03, 2014 5:18 pm

My CL ad brought an inquiry, someone wants to sell five CC Morgans. They are all in nice brilliant uncirculated condition and are all from the Carson City Nevada mint. The dates are: 1878-CC, 1883-CC, 1885-CC, 1890-CC, and 1892-CC.

If I bought them I would only want to flip them pretty quick. Any suggestions on what I should offer the guy, and then what price to put on them to sell here?

I'm concerned that its possible they are counterfeit, even though his story about them sounds fairly normal.
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Re: Carson City Morgans

Postby Silver Runner » Mon Mar 03, 2014 6:41 pm

IdahoCopper wrote:My CL ad brought an inquiry, someone wants to sell five CC Morgans. They are all in nice brilliant uncirculated condition and are all from the Carson City Nevada mint. The dates are: 1878-CC, 1883-CC, 1885-CC, 1890-CC, and 1892-CC.

If I bought them I would only want to flip them pretty quick. Any suggestions on what I should offer the guy, and then what price to put on them to sell here?

I'm concerned that its possible they are counterfeit, even though his story about them sounds fairly normal.


I would have the same concerns...
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Re: Carson City Morgans

Postby barrytrot » Tue Mar 04, 2014 7:14 am

Buy them if you can authenticate them. There are websites that have the identifying features so you could do it yourself with a small amount of effort.

Regarding price, Numismedia isn't perfect but is a reasonable RETAIL PRICE basis.

Also remember that "Brilliant Uncirculated" has a big range. It could mean CLEANED (some ignorant people think cleaned coins look bright) and it could mean MS66. So you also need to be able to properly grade the coins unless the owner is willing to take the price for a low end example.
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Re: Carson City Morgans

Postby beauanderos » Tue Mar 04, 2014 9:36 am

they sound like fakes to me. What are the odds that someone would list FIVE high dollar CC mint mark Morgans... thru Craigslist??? They're looking for suckers. :thumbdown:
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Re: Carson City Morgans

Postby hobo finds » Wed Mar 05, 2014 2:12 pm

What is a good website for these? I have 2 1884 carson city dollars in plastic cases with paperwork but no boxes, that my grandmother gave me.
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Re: Carson City Morgans

Postby Verbane » Wed Mar 05, 2014 2:28 pm

This is a good place to start for GSA CC Morgans:

http://www.ngccoin.com/news/viewarticle.aspx?IDArticle=3526&counterfeit-morgan-dollar-fake
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Re: Carson City Morgans

Postby Morsecode » Wed Mar 05, 2014 3:00 pm

beauanderos wrote:they sound like fakes to me. What are the odds that someone would list FIVE high dollar CC mint mark Morgans... thru Craigslist??? They're looking for suckers. :thumbdown:


Maybe...but they weren't listed for sale. The owner is responding to a Want to Buy ad.

I wonder if they are all in the GSA boxes or raw.
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Re: Carson City Morgans

Postby AGgressive Metal » Fri Mar 07, 2014 11:18 pm

There are even fake GSA boxes I've heard.

But then again, someone may have liquidated a large hoard of Morgans and only saved the CCs from the bucket shop because they knew enough to not do that.
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Re: Carson City Morgans

Postby gubni » Sat Mar 08, 2014 6:42 am

Use the magnet slide test. If they are real I would be interested in buying them.
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Re: Carson City Morgans

Postby IdahoCopper » Sat Mar 08, 2014 8:50 am

gubni wrote:Use the magnet slide test. If they are real I would be interested in buying them.


Gubni - I decided it was not worth the risk and don't have his phone number any more.
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