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 Replies: 14 / Views: 1,434 |
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Pillar of the Community
United States
1227 Posts |
So, my boss got that cache of "silver coins" looked at, and one and all, they're magnetic. She gave me one of the " Peace dollars" because I'd expressed interest in having one of the counterfeits. I was looking over my new counterfeit and getting ready to take some pictures of it compared to my real Peace dollar (both of them are 1922's), and so I took mine out of its 2x2 and dumped 'em both on my bed before going to grab my camera. I ran a magnet over my bed to pick up my new fake for a photo op-- --and they both came up. I've had a counterfeit sitting in my collection for eight months and never knew. In fact, it's so good that I've used it to find bad diagnostics on OTHER fakes (it even passes the tissue test and has toning that's consistent with my very real circulated silver Kennedys--the one I got from my boss does not fit either bill), and had my opinions confirmed by members who know a heck of a lot more about Peaces than I do (clearly!). I'm not talking broad diagnostics here, either--I'm talking things as intricate as the curve of Liberty's nose or the precise typeface of the lettering. My original even has what appears to be a die crack that I was told is REAL! I have a couple of pictures to share, but we've already well-established that my skills are less than stellar. Does anyone here want one of these (I think I'm trading her back "her" Peace for one of the "Morgans," but given that they're all fake I doubt she'll care if she gets back "mine" or "hers") to photograph better for the community/add to their Black Cabinet? I've seen dozens of pictures here, on Numismedia, on ebay, on other CCF resources, of real Peaces and even so there was NOTHING that ever clued me in that mine was a fake--even the reeding looks good, and the wear on it looks like actual circulation wear. Like I said above, it's so well-done that I've used it to diagnose OTHER fakes.   I'm bitterly disappointed. I should have known if the guy was willing to give it up for ten bucks it was too good to be true, but better ten bucks for a fake Peace than ten hundred for a fake fill-in-the-blank, I suppose. Mostly it's knowing I was duped--I bought it for real, and it's not, and all along I've been so sure it was real I never gave it the simplest test of all--the one it failed tonight. Thoughts on these two lovely snakes in the grass? |
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Rest in Peace
United States
4078 Posts |
What a big Bummer! The old magnet test does not lie. Now I need to check mine.
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Valued Member
United States
243 Posts |
I should check a couple of mine picked up recently as well. That is too bad but nice to find out now and wasn't much of a loss money wise.
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Pillar of the Community
United Arab Emirates
557 Posts |
I'm very sorry to hear on both accounts you have fake coins. I am interested in fakes myself as I have quite a few, they're a good tool to have for camparison. That is unless well, this happens. I agree with your assessment about not paying too much now, it may save you a lot more in the future.
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Pillar of the Community
United States
4416 Posts |
Put these alongside a genuine Peace $1, and you'll see that these fakes have "the look" - similar, dull gray coloring, with an XF-ish yet evenly flat detail. If you weigh them, they're likely underweight. Balance one on your finger and listen to the ring when tapped with another coin. Genuine dollars, silver coins, evidence a high-ptched, sustained ring in compaison to the fakes. You can use these to educate other collectors and thus get some return on your investment. I periodically pass such "coins" around at club meetings.
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Pillar of the Community
United States
919 Posts |
Thanks for posting this warning. The pictures look like real coins. I buy primarily Peace dollar rolls in XF/AU grade (just like these). With these out there I guess it's another reason I won't buy any from ebay. From now on it's in person only for me. Just checked my 3 rolls and none stick to the magnet. So far so good. |
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Pillar of the Community
United States
548 Posts |
Amazing. Ya'll keep mentioning on this forum about the problem with counterfeits, yet I've never seen one. So sorry to see someone actually burned by this.
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Bedrock of the Community
United States
36741 Posts |
Both look like obvious counterfeits.
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Pillar of the Community
 United States
1227 Posts |
GoldEagle, what do you see that TPG and I don't? I have apparently never had a real Peace in hand and knowing could help me next time. |
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Pillar of the Community
United States
919 Posts |
The more I look at the one on the left I see problems. The E in WE is not straight. Also, if that is a mint mark on the reverse then it is too low. I don't see what is obvious in the one on the right. I would be interesed in that info. Is it the eye and hair?
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Valued Member
United States
255 Posts |
Sorry to read this. While not a huge loss financially, it is a loss in the trust department. That to me is the bigger loss. Thanks for posting this reminder regarding counterfeits.
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Pillar of the Community
United States
3345 Posts |
Sorry about that. BUt when youve looked at a lot of coins (on here anyway) it becomes easier to tell a real from a fake. I am by no means an expert, but the one on the left did look fake to me as well before I read the paragraph
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Bedrock of the Community
United States
10034 Posts |
I deliberately bought some of the fakes to do comparisons with. Here is one of the posts with overlaid pics for comparison on a fake Morgan compared to its real counterpart. https://goccf.com/t/119357How much squash could a Sasquatch squash if a Sasquatch would squash squash? Download and read: Grading the graders Costly TPG ineptitude and No FG Kennedy halveshttps://ln5.sync.com/dl/7ca91bdd0/w...i3b-rbj9fir2 |
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Pillar of the Community
United States
1195 Posts |
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Pillar of the Community
United States
1227 Posts |
To clarify, the one on the left I barely glimpsed before Yalanda took them home; I already had my doubts about the cache, but you know how it is, you like to think such things at least MIGHT be true. The one on the right is the one I studied in-hand and purchased, after being a collector for about ~3 months. Now that I know it's fake, I'm even more worried about that one than I am the one Yalanda gave me; I don't have tissues in the house, but a piece of tissue-like toilet paper laid over the top showed me mostly-white with a tiny-tiny bit of yellow (either the toning visible, or the different metal in the coin--I'd bet on it). Both of these have reeding that, to the naked eye, at least, looks legit (check the thread Earle posted; the reeding on his legit Morgan looks like the reeding on these), but it's a little sloppier on Yalanda's coin (the one that looks a little tarnished, instead of a little yellow); there's at least one place with slight marks as though the reeds were made twice.
I'd also like to add that I've used the coin on the right to diagnose other fakes posted on CCF--in fact, in one thread I remember quibbling about Liberty's eye (or nose or some other teensy-tiny facial detail) on the basis of my own coin, someone else saying it looked okay to them, and then Earle came along with a layover comparison and I was right. He's offered to do the same for these after the holiday rush, and I await the result with interest--I will be SHOCKED if there are huge differences.
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Replies: 14 / Views: 1,434 |
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Posted 12/09/2012 05:31 am
