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 Replies: 36 / Views: 4,595 |
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Rest in Peace
United States
10625 Posts |
Never mind....  Edited by dave700x
02/12/2019 8:25 pm
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Pillar of the Community
United States
4469 Posts |
The coin appears to have been in circulation as the wear on the coin is consistent with a fine or VF Peace dollar. I could not find a Chinese fakes that match. The coin has pit marks, but does not appear to have cast bumps. Because of the wear pattern, it is possible that it is a contemporary counterfeit. I do not collect counterfeits, so the other guys may be right that it is a modern cast. |
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Valued Member
Canada
242 Posts |
Looks like the pot metal you usually find contemporary counterfeits made of. Probably a PB-SN-AG alloy, with low melting temperature as needed for approximating the weight of 90% silver and ease of use. An interesting piece for sure. Decent detail level, but little trace of (if any) original silver wash. I would probably agree that this is contemporary. A "real" fake!  Many coins of the period and earlier were faked this way. I ran across an 1890's Swiss frank, it was struck rather than (probably even though not certainly, given the hardness of this metal, it isn't hard to strike a coin) cast, and using home-made dies! It sold quite well. The higher the silver purity, the higher the value of the fake (from my experience). |
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Bedrock of the Community
United States
17884 Posts |
You also have to be sure what they mean by "contemporary". Some people use it meaning produced at the time the coins were being produced, other use it to mean contemporary to our current time i.e. "recent".
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Valued Member
 Russian Federation
417 Posts |
In russian we have a definition that means "fake coins illegally made for circulation in years when original coins were minted".
So the contemporary is this, correct meaning.
Edited by flying_teapot
02/12/2019 11:38 pm
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Pillar of the Community
United States
4233 Posts |
This article https://www.coinworld.com/news/us-c...ors.all.html references a pamphlet called "Micro O and Other Counterfeit Morgan and Peace dollars" by Leroy Van Allen. In the context of the article the pamphlet title seems to imply that there were contemporary counterfeit Peace dollars, but I still can't find anything definitive online. Knowing that contemporary counterfeits are often worth more than their real counterparts I would be suspicious of a new sales pitch angle on selling modern fakes. I mean, if I can't find a single reference to contemporary counterfeit Peace dollars, how on earth does this seller know that this is one? Doesn't pass the smell test. |
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Pillar of the Community
United States
4415 Posts |
Most fakes I've seen from the teens and twenties era have been cast. I've seen mostly cast, fake Barber "coins" and a few, early date Walkers. The "medal alignment" virtually assures this "dollar" is a fake. It'd be interesting to know the weight and conduct a "ping test" (balance it on a finger, strike it with another coin and listen to the sound).
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Valued Member
Russian Federation
417 Posts |
At this point I should say that seller talks about ping test too - he says coin pass this very good. But what can it mean? Even Chinese fakes have cool strike sound.
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Pillar of the Community
United States
2540 Posts |
Seller thought contemporary means 'now'
Or last week
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Pillar of the Community
United States
1005 Posts |
If the coin passes the ping test, then it's not a contemporary counterfeit, pure and simple. Either seller is half deaf and this is contemporary (looks like it could be), its a modern high quality fake made from silver that would pass the ping test (no way), or this is a crude modern fake that doesn't pass ping test.
My conclusion is your seller is either lying or has a terrible ear
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Bedrock of the Community
United States
17884 Posts |
Quote:
If the coin passes the ping test, then it's not a contemporary counterfeit, pure and simple. The micro o Morgans pass the ping test and they are contemporary counterfeits. |
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Pillar of the Community
United States
4415 Posts |
Quote:
The micro o Morgans pass the ping test and they are contemporary counterfeits.
Gary Schmidt True .... Good point. There are virtually always exceptions in matters numismatic. I recall having read that many contemporary Bust Half counterfeits also contained varying amounts of silver. Over the years, I've owned a few dozen of these bogus Busties, and some of them passed the ping test. I just double-checked my occasionally faulty memory on having read this .... CONTEMPORARY COUNTERFEIT BUST HALVES AND THEIR COMPOSITION by Harvey Bastacky - August 2015http://www.cccbhcc.com/collectors-c...t%202015%201Edited by ExoGuy
02/14/2019 1:32 pm
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Pillar of the Community
United States
8715 Posts |
I'll bet that it's a modern fake. But I could be wrong.
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Pillar of the Community
United States
1005 Posts |
My point is that, there would be no reason at all for a contemporary counterfeit 1922 peace to be made from 90% silver. The ring, rather than the ping per se is quite a good way to discriminate a coin's composition if you have a good ear
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Pillar of the Community
United States
4233 Posts |
Yet there was really no reason _not_ to make them out of silver in the 1920s. Quote:
With the price of silver on the open market at prices much cheaper than the official price (25-50 cents for much of the first half of the twentieth century versus the official United States rate of $1.29 per ounce), the temptation to produce silver dollars with the "full" amount of silver and pocket the difference was irresistible to someone. In fact, one of the suspect coins was sent for elemental testing and it came back 94% silver and about 6% copper! It contains even more silver than a genuine United States silver dollar. However, even with extra silver and the work needed to create the dies and planchets, the profit from these coins would have been tremendous. Certainly, this was a temptation to hard to resist. (from PCGS regarding micro-O Morgans) Edited by kbbpll
02/14/2019 3:16 pm
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Replies: 36 / Views: 4,595 |
First Page
Posted 02/12/2019 6:45 pm
