Saturday 12 January 2013

Update on Fake Morgan Dollar

A few days ago I posted about being duped with a very authentic looking Morgan Silver Dollar that when weighed came in at 17% lighter than it should have done! Thankfully I can report that the seller has fully reimbursed me now for the purchase price PLUS postage charges (not the cost to post back to them however). I think I have been fortunate here - probably because the seller themselves had been fooled by the coin too but I do believe it serves a salutary warning to always check the basic parameters of any coins bought on Ebay. Highly collectable and valuable coins like these are more likely to be counterfeited but I always check every coin I buy now as soon as I receive it! Just for reference, a Morgan Dollar coin should weigh 26.73g (although a little less may be ok if very worn) and measure 38.1mm across. Obviously a convincing forgery might match these specifications but the vast majority will weigh 10-20% less if they are fakes as they will be made of a lower silver content alloy.

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