I have a polymorphic type that should be copyable. Because of the limitations of C++ copy constructors and operators, my only option is to expose a virtual method (call it "copy"). The non-smelly semantics we want are such that if you call "copy" on an object, you get an identical copy of the same type. So if you call "copy" on a pointer of type A, you get an A. Call it on a B, you get a B.
The contract itself is polymorphic. It doesn't commit to returning any particular flavor of A.
We can implement this method if we return naked pointers. But if we want to be safe and return a smart pointer, we have to introduce dynamic casting or other worse smells.