Aug
13
hello i have a 1886-o morgan silver dollar that has 4 mint errors. i have had 3 coin experts look at it,?
unicorns151 asked:
and they all said it's authentic. two tried to buy it from me and the other said i need to keep ahold of it because he wants to do some research on it. these experts said they have never come across a coin like this before and they could not give me a value. the errors on this coin are as fallows.. a double clip with the marks being at 11 o'clock and at 7 o'clock, it is missing a star under the chin on the face, the "y" in the crown is short and it is off centered. the condition of this coin, i would guess to be very fine the feathers on the eagle's breast are worn but that is all, everything else seems to be sharp. my questions are should i have this coin certified and where? do you know the aproxament value of this coin? and has any coins like this come up for auction that you know of? any info that you can give me would be greatly appreciated.
thank you
and they all said it's authentic. two tried to buy it from me and the other said i need to keep ahold of it because he wants to do some research on it. these experts said they have never come across a coin like this before and they could not give me a value. the errors on this coin are as fallows.. a double clip with the marks being at 11 o'clock and at 7 o'clock, it is missing a star under the chin on the face, the "y" in the crown is short and it is off centered. the condition of this coin, i would guess to be very fine the feathers on the eagle's breast are worn but that is all, everything else seems to be sharp. my questions are should i have this coin certified and where? do you know the aproxament value of this coin? and has any coins like this come up for auction that you know of? any info that you can give me would be greatly appreciated.
thank you
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4 Comments
Hi……Hang onto that coin……it sounds valuable from the description…….check prices and info on:
Have that coin checked again by a certified appraiser, not a coin dealer…….you may have some money at stake here, check and double check the true value of that coin before you sell it to anyone…….also check comparables on eBay.com……………..
A P.S. > Make sure that the certified appraiser gives you a written appraisal…………. 
they value? there only the “market value” or what it Worth to some one but do not appeal to the other.
put it on offer. if some one will come with an amount that satisfy you, sell it.
I can not give you an authorative opinion on the coin but it falls into the category of errors. As such it might have some value for someone who collects error coins. An 86-o in vf condition is worth about $16.
If you check ebay, you will find the amounts that clipped coins are bringing in general. An unc 21 morgan with a clip went for $40.00.
A recent Keel Boat nickle with a triple error including a clip went for $89.00.
That will give you at least some idea of the value of your coin.
At least $5,000.
I’ve heard of a few errors like these here is a link of error Morgan Dollars.
You need to take a picture of it and send it to that site.
Also it must be graded.
Good luck.