Coin Community Family of Web Sites
Shop for APMEX Bullion on eBay!Vancouvers #1 Coin and Paper Money Dealer Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. 300,000 items to help build your collection! Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall Shop CCF Members on eBay!








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Counterfeit Detection: 1893-CC Morgan Dollar

To participate in the forum you must log in or register.
Author Previous TopicReplies: 3 / Views: 3,166Next Topic  
Press Manager
Learn More...
CCFPress's Avatar
United States
1420 Posts
 Posted 02/08/2021  4:40 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
NGC - A counterfeiter relied on artificial toning and new production techniques to create a colorful fake.

Virtually any 1893-dated Morgan silver dollar has undeniable allure. The low-mintage San Francisco issue of that year often is called the "King of Morgan dollars." The main reason for its limited production there and at other U.S. Mint facilities was the repeal of the silver-purchasing clause contained in the Act of July 14, 1890. Without the ability to buy silver, the mint ceased production of dollars in San Francisco and New Orleans in January 1893; in Philadelphia in April; and in Carson City in May. These dates relate closely to the coins' mintages at those facilities: 100,000 (San Francisco), 300,000 (New Orleans), 378,000 (Philadelphia) and 677,000 (Carson City).

Counterfeit-Detection:-1893-CC-Morgan-Dollar
Counterfeit-Detection:-1893-CC-Morgan-Dollar
The artificially toned fake lacks the detail and natural appearance of the genuine specimen.

Even though the Carson City issue is the most common 1893 Morgan dollar, Mint State examples still are worth thousands. Recently, Numismatic Guaranty Corporation (NGC) graders noticed an 1893-CC Morgan with very interesting toning. The deep purple, orange and blue hues are not consistent with a naturally oxidized coin. As it turns out, the coin was artificially toned, likely in an attempt to mask its more obvious problems. A comparison with an authentic 1893-CC dollar (above) makes the ruse even more apparent. The genuine example has a much more natural look, with light toning emanating from the edges.

Aside from its colorful presentation, the fake lacks much of the detail of a real coin. Pay particular attention to the highest and lowest parts of the design: the hair above Liberty's face is particularly flat, while the shallow areas around the nostril and the hair above the date have been polished away.

Under magnification, the counterfeit is easily identified as such. The numerals of the date are uneven and blobby, with numerous large striations above and below. Additionally, toolmarks appear as spikes emerging from the bottom of Liberty's neck, directly above the "1."

Counterfeit-Detection:-1893-CC-Morgan-Dollar
The numerals in the date on the counterfeit dollar are uneven and blobby, with unusual striations above and below. Also note the spikes emerging from the truncation of Liberty's neck.

The reverse displays very odd doubling on the word DOLLAR, which resulted from the laser apparently used to create the counterfeit die. The process created tiny overlapping circles on the letters' surfaces and imparted odd striations that are rotated about 45 degrees. Clearly, counterfeiters are employing new technologies to dupe unsuspecting collectors.

Counterfeit-Detection:-1893-CC-Morgan-Dollar
The doubling on the reverse of the counterfeit was caused by the laser used to produce the dies. Striations appear on the surfaces of the letters.

Read More: Counterfeit Detection Series
Pillar of the Community
fortcollins's Avatar
United States
3619 Posts
 Posted 02/08/2021  8:42 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply

Quote:
The main reason for its limited production there and at other U.S. Mint facilities was the repeal of the silver-purchasing clause contained in the Act of July 14, 1890. Without the ability to buy silver, the mint ceased production of dollars in San Francisco and New Orleans in January 1893; in Philadelphia in April; and in Carson City in May. These dates relate closely to the coins' mintages at those facilities: 100,000 (San Francisco), 300,000 (New Orleans), 378,000 (Philadelphia) and 677,000 (Carson City).


Most of the article was solid, but the causes of low 1893 mintage figures missed the mark. A much bigger factor was the depression, likely the steepest depression our country ever experienced.

Collapse of Britain's Baring and Brothers Bank following speculative investments in Argentina led to British bailout of the bank, with the condition that its lending would be limited to Britain. This removed backstop loans for many western U.S. banks, leading to widespread banking failures. For example, Denver had more than 30 functioning banks in March 1893, but only two survived to the end of April 1893. Unemployment figures are highly speculative for this era, but some estimates showed unemployment topping 40% in Michigan, with much higher estimates in western cities such as Denver and San Francisco.

The rapid economic collapse closely matches the cessation of dollar mintage at the various mints, and also explains the low mintage figures for many coins in 1894, 1895, and several branch mint coins in 1896. The higher Carson City mintage reflects usage of bullion on hand as a predicate to closing the mint that year, and partly explains the decade-long delay in opening the Denver Mint. (Construction of Denver's mint building started in 1896. The building was occupied in 1904, but the mint did not commence coin production until 1906.)
Moderator
Learn More...
nickelsearcher's Avatar
United States
15381 Posts
 Posted 02/09/2021  05:28 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Thanks for bringing these articles.
Take a look at my other hobby ... http://www.jk-dk.art
Pillar of the Community
Learn More...
NumisEd's Avatar
United States
5177 Posts
 Posted 02/09/2021  09:30 am  Show Profile   Bookmark this reply Add NumisEd to your friends list Get a Link to this Reply
To add, the color sequences seems wrong and is often flowing over the devices (which is a dead giveaway for AT). See for instance the "A" in "AMERICA" on the reverse.
  Previous TopicReplies: 3 / Views: 3,166Next Topic  

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.22 seconds to rattle this change. Forums