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1971-S Ike Dollar Attracted To Magnet

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Author Previous TopicReplies: 24 / Views: 3,941Next Topic Page 2 of 2
Valued Member
United States
72 Posts
 Posted 07/17/2022  08:41 am  Show Profile   Bookmark this reply Add cladboy to your friends list

Quote:
For me is funny to do a fake on IKE which it is not an top price coin. They do, they do and many collectors will like to have an fake instead of an original which could be harder to have.

Fake Ikes - the true rarities. That could open up a whole new world of possibilities for us Ike collectors.
Pillar of the Community
United States
797 Posts
 Posted 07/17/2022  09:27 am  Show Profile   Bookmark this reply Add JTCC to your friends list
I agree on this being a counterfeit coin, the strike/details/composition of the coin in question is undoubtedly wrong. Interesting.
Bedrock of the Community
United States
62064 Posts
 Posted 07/17/2022  7:29 pm  Show Profile   Bookmark this reply Add coop to your friends list
If a coin is plated with nickel, it could be slightly attracted to a magnet. But not like a steel cent that jumps to a magnet. So if it jumps to a magnet, it maybe a steel coin. The surface could be rough if they cast the coin in sand:
1971-S-Ike-Dollar-Attracted-To-Magnet
But the reeds would not look normal on a cast coin:
1971-S-Ike-Dollar-Attracted-To-Magnet
So I'm leaning more towards a plated coin on the coin. (plating turns the coin into a spender)

CoopHome: Counterfeit detection? What could have happened? plated coins are just face value coins as the original surface was removed
Moderator
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United States
189767 Posts
 Posted 07/18/2022  11:04 am  Show Profile   Bookmark this reply Add jbuck to your friends list
I am late to the discussion I apologize, but I agree that this is very likely a counterfeit Ike.

I cannot see any reason for someone to nickel plate a legitimate silver coin. It would only reduce its value. However, anything is possible.

Counterfeit or plated, the end result is the same. This is not an Ike you should want in your main collection.
Valued Member
Indonesia
147 Posts
 Posted 07/18/2022  11:38 am  Show Profile   Bookmark this reply Add Solo to your friends list
Observe:
1971-S-Ike-Dollar-Attracted-To-Magnet

Reverse:
1971-S-Ike-Dollar-Attracted-To-Magnet


1971-S-Ike-Dollar-Attracted-To-Magnet


1971-S-Ike-Dollar-Attracted-To-Magnet

This picture taken using iphone.

Solo
Valued Member
Indonesia
147 Posts
 Posted 07/18/2022  12:57 pm  Show Profile   Bookmark this reply Add Solo to your friends list
I don't know it is a fake or not.

Altough as @Mr.silviosi said Indonesia is the portal for the counterfeit coin.
The counterfeit is real.

By the way, I try to overlaying this Ike with Peace dollar.
It's my coriousity based on some slight marks that is appears on the surface of this Ike.

Though there is a lot of unussual things on this Ike, the wieght is only 19.81g (my thought is it was using old Peace dollar coin, by removing the image, and that's why this Ike loose his weigh) and this Ike attracted to magnet.


1971-S-Ike-Dollar-Attracted-To-Magnet

1971-S-Ike-Dollar-Attracted-To-Magnet

1971-S-Ike-Dollar-Attracted-To-Magnet

Based on the overlaying image, I assume this 'counterfeit' has the Peace dollar pattern
If it's was Pareidolia the pattern will not connect to the other area.

How about the reverse? I just found very fine mark on the reverse. Some mark of 'E' from WE on the observe of Peace dollar. The position in under the eagle tail.

Once again, it is just my assumption.
This coins loose his weigh because someone using the old Peace dollar coin. And have to erase the image so only small pattern still left.

Maybe it's sounds stupid or silly.
My apoligize for all of you gentlemen. Maybe my theory is the most ridiculous theory ever.

Solo
Valued Member
Indonesia
147 Posts
 Posted 07/18/2022  1:05 pm  Show Profile   Bookmark this reply Add Solo to your friends list
@Jbuck
Quote:
I am late to the discussion I apologize, but I agree that this is very likely a counterfeit Ike.

I cannot see any reason for someone to nickel plate a legitimate silver coin. It would only reduce its value. However, anything is possible.

Counterfeit or plated, the end result is the same. This is not an Ike you should want in your main collection.


It's ok Mr.Jbuck.
I've just post my 'most silly' theory.

By the way, is this peg leg Ike Mr.Jbuck? Still wish this Ike is genuine.

Pillar of the Community
United States
797 Posts
 Posted 07/18/2022  1:11 pm  Show Profile   Bookmark this reply Add JTCC to your friends list
This Ike dollar is 100% counterfeit.
And no, it was not overstruck on a Peace dollar, Pareidolia.
Valued Member
Indonesia
147 Posts
 Posted 07/18/2022  10:26 pm  Show Profile   Bookmark this reply Add Solo to your friends list
@JTCC, with all my respect. If it was Pareidolia, the pattern of the eagle beak and the neck lines will not connect with other area. Please see the last image i,ve posted above.

The other area is the olive's leaf part and the eagle's claw.

About why is attracted to magnet.
I just want to confirm about this youtube channels, This gentlemen, showing he test walking liberty dollar, barber using magnet.


1971-S-Ike-Dollar-Attracted-To-Magnet

and here is the link of the video:
GtbWO0000vw


Solo
Pillar of the Community
Canada
6244 Posts
 Posted 07/18/2022  10:45 pm  Show Profile   Bookmark this reply Add silviosi to your friends list
Solo, in some cases the Ni, Cu stick to magnet. the Au (gold) and Si (silver) also can stick to magnets according to theirs alloy composition. Silver and Gold attract by the magnet is use more in goldsmith production. Example: Blue Gold is Gold and Iron alloy so will stick to magnet. Same with silver with Iron alloy use main for table wares, will stick with magnets. In theory all metals could stick with magnets. In fact the electromagnetic field EMF is present everywhere in this planet. Other example: An 10 feet vertical 1mm Cu wire which is not de-oxygenate at the bottom will give you 2 to 5 V electricity due to EMF.

PS.: In the case of IKE production, well documented, was use pure? (99.99%) silver and cooper who come direct from an US mine. So the IKE must not stick. this it is the case of Silver. The Ni clad use pure Ni from an Canadian mine, so no alteration on alloy. Was use Canadian mine because that mine has the nickel and cooper together, so easy to perform the clad. Hope help.
Edited by silviosi
07/18/2022 10:53 pm
Valued Member
Indonesia
147 Posts
 Posted 07/19/2022  09:09 am  Show Profile   Bookmark this reply Add Solo to your friends list
@Mr.silviosi
Quote:
PS.: In the case of IKE production, well documented, was use pure? (99.99%) silver and cooper who come direct from an US mine. So the IKE must not stick. this it is the case of Silver. The Ni clad use pure Ni from an Canadian mine, so no alteration on alloy. Was use Canadian mine because that mine has the nickel and cooper together, so easy to perform the clad. Hope help.


Thank you for your patience sir.
By the way, most of my coins I bought on ebay store sir, altough I know it will cost the shipping and add the import taxes.

There's also some coins I bought in local store.

Many thank's for all comments and for transfering all the knowledge. To: jbuck, Spence, silviosi, coop, Dearborn, JTCC, merclover, CentSation, cladboy, Coinfrog, nss-52.

Solo

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United States
189767 Posts
 Posted 07/19/2022  09:50 am  Show Profile   Bookmark this reply Add jbuck to your friends list
Oftentimes the journey is still worthwhile when the destination is not exactly where we wanted it to be.
Valued Member
Indonesia
147 Posts
 Posted 04/13/2023  02:31 am  Show Profile   Bookmark this reply Add Solo to your friends list
Dear all...
I would like to thank you for your assesment and advice.

Just want to share the result of this Ike. I have check this using XRF and the result is this Ike made from Cobalt.
So it is clear to me and answer all my question after all.

Once again, thank you.

And I apologize for late update.

Solo
Pillar of the Community
Canada
6244 Posts
 Posted 04/13/2023  04:01 am  Show Profile   Bookmark this reply Add silviosi to your friends list
@ SOLO:

You do not have to apologize for nothing. You do IMHO a great job and also here we learn a lot. You put a lot of effort and patience and also logistic. Congrats !

You learn and us also. This it is this hobby and our community.

Now: By the XRF results I can tel you was done in your country by, according with my sources. I do not know where they are but the work is similar with the group from Shanghai which was dissemble by the authorities there and others fleet in your country. Same pattern, same flows of coins. I know is sad for the reputation of your flag, but it is what it is.

If you go ahead like this, very soon you will be a big expert there. And I wish this for you.

Best wish, Silvio
Valued Member
Indonesia
147 Posts
 Posted 04/13/2023  04:54 am  Show Profile   Bookmark this reply Add Solo to your friends list
My great respect for you Mr. Silvio. I've followed the thread by Mr. Rocky where is you share your knowledge there.
Many things I have learned in this hobbies.

Challenging, we learn to be extremelly carefull judging on something. And I believe if I want to learn from others the result will not dissapointed us.

Regard,
Solo
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