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"Not Genuine"

Started by RD2,

5 posts in this topic

RD2

RD2

Posted
Posted

I had a few silver dollars I received from my Dad, most of them Morgans. But one was an 1855 Seated Liberty. I looked up all the dollars in a redbook and found that the 1855 was very valuable. I estimated it to be about a 20. Maybe even 25. So, I mailed it in to NGC to get it graded and encapsulated. I thought I could get $2,000-$3000 for it. It was returned in a flip that said "Not Genuine" with no explanation. I don't see a problem. I have seen many counterfeit Chinese coins for sale on eBay, but Chinese coins look new, not circulated. Anyone have a clue on this?

1855 dollar.jpg

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Just Bob

Just Bob

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My guess would be China, since they seem to have no qualms about knocking off most any coin from which they think that they might be able to make a profit, with no regards to morality, but I suppose it could have come from any place where a crook might choose to reside. Did you send off any of the Morgans to be authenticated?

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