Coin and Paper Money Collecting/1882 silver coin

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Question
I found a silver coin dated 1882 in my grandmother's coin collection. The front appears to be a Morgan dollar because it has the liberty head with "E Pluribus Unim" and the date. But the back of this coin simply has the letters F Mc K. Can you tell me what it is? Thank you.

Answer
Beth,

You have what's known as a love token.  Somebody took a Morgan dollar, ground off the back, then added the lettering.  It was popular to give these as gifts about 100 years ago, but it is rare to find one on a Morgan dollar -- usually they used smaller denomination coins like dimes.

Considering the rarity, it's value is likely as much as $100 or more.  Similar items have been selling on eBay in the $115 to $150 range.  If you go there and do a search on "love token dollar", then go to the comleted listings section, you can see the results for auctions of similar items.

I hope this helps,

Dan

Coin and Paper Money Collecting

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Dan Moore

Expertise

My strong familiarity with all U.S. Mint coins, extensive reference library, and close relationships with many other dealers allows me to identify just about any coin made in the USA. I receive regular updates to all the current price guides -- both wholesale & retail -- to provide accurate values. So, with a good description or pictures, I should be able to identify and value any U.S. coin you have.

Experience

I've been a coin dealer since the 1980's and a coin collector since the 1960's. I specialize in U.S. Silver Coins and have an active online website -- The Working Man's Rare Coins -- http://www.workingmancoins.com -- offering information and inventory in U.S. coins.

Organizations I belong to :
American Numismatic Association Member #187770
Michigan State Numismatic Society Member #8255
Florida United Numismatics Member #19710
Monroe Coin Club Treasurer
Lincoln Coin Club Board Member
WINS Member #14
CoinMasters Member #1814

Frequently Asked Questions :
I have created a Frequently Asked Questions page on my website, where you may be able to get an immediate answer to your question. You can find the page here :
http://www.workingmancoins.com/FAQ/index.htm


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