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1971-S Ike Dollar Attracted To Magnet

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Valued Member

Indonesia
147 Posts
 Posted 07/16/2022  10:56 am Show Profile   Bookmark this topic Add Solo to your friends list Get a Link to this Message Number of Subscribers
Good day folks...
My best wishes for all of us.

My apologize for my late update. I've been a bit swamped with customers this week.

So here we go, this 1971-S Ike dollar I have mentioned on my 1978 Ike dollar.

I think is better I start a new topic about this.

As @Dearborn ask me to show the image how it's stick with magnet.
Note: I just saw the video by spegtaculer on youtube, he was testing the ASE using somekind a magnetic plat. And other tool (i can't hear clearly, I'm in coffee shop now) Have a cup a coffe folks, I hope someday

@Jbuck, @silviosi here are some pic of my 1971-S Ike dollar.

This image from the seller:
1971-S-Ike-Dollar-Attracted-To-Magnet

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

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

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

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

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

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


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

Diameter 38.1mm
Thickess: Less than 2.58mm (by comparing with 1878 Morgan)
Weight: Less than 20g.



Thank you for your valuable time to read and help me on this case.

@silviosi thank you for encourage me not too early to judge this Ike is fake.

Thank you again.

Solo
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nss-52's Avatar
United States
54283 Posts
 Posted 07/16/2022  11:28 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
It is a counterfeit.
Show your financial support of the Coin Community Family (click here)
See my topic on Mexican Numismatic Medals (click here)
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Coinfrog's Avatar
United States
94367 Posts
 Posted 07/16/2022  12:01 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
If you like counterfeits, that's got to be a toughie.
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Spence's Avatar
United States
34430 Posts
 Posted 07/16/2022  12:32 pm  Show Profile   Bookmark this reply Add Spence to your friends list Get a Link to this Reply
@solo, since this coin should not attract a magnet, I agree you should assume it is counterfeit. Can you please add the weight of this piece? Thx.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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Dearborn's Avatar
United States
97917 Posts
 Posted 07/16/2022  2:12 pm  Show Profile   Bookmark this reply Add Dearborn to your friends list Get a Link to this Reply
Agreed, it should not stick to a magnet like that (even if it were just plated) but the S MM does look very wrong when compared to an authentic IKE.
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silviosi's Avatar
Canada
6244 Posts
 Posted 07/16/2022  2:54 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
Not only the MM is complete out of the original, also the digits of the date.
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cladboy's Avatar
United States
72 Posts
 Posted 07/16/2022  3:46 pm  Show Profile   Bookmark this reply Add cladboy to your friends list Get a Link to this Reply

Quote:
Not only the MM is complete out of the original, also the digits of the date.

I would agree with that.

Here's an honest question, solo. Given that you posted pics from the seller, do you mind if I ask what prompted you to buy the coin? And I'm asking as a guy who's kicked himself after a few purchases.
Valued Member
Indonesia
147 Posts
 Posted 07/16/2022  10:22 pm  Show Profile   Bookmark this reply Add Solo to your friends list Get a Link to this Reply
@cladboy
Quote:
I would agree with that.

Here's an honest question, solo. Given that you posted pics from the seller, do you mind if I ask what prompted you to buy the coin? And I'm asking as a guy who's kicked himself after a few purchases.


He's in my hand now Mr.cladboy


@silviosi
Quote:
Not only the MM is complete out of the original, also the digits of the date.


Agree with you, the upper hook of MM look bigger. But, back again... and IKE's dollars was a short 9 years (exclude the 1970 and 1975) strike and not so many fake was find. And finnaly I found one sir.

@Dearborn,
Quote:
Agreed, it should not stick to a magnet like that (even if it were just plated) but the S MM does look very wrong when compared to an authentic IKE.


Also when we comparing the rims sir.

@Spence,
Quote:
since this coin should not attract a magnet, I agree you should assume it is counterfeit. Can you please add the weight of this piece? Thx.


I'll post the image as soon as possible Mr. Spence.

@Coinfrog,
Quote:
If you like counterfeits, that's got to be a toughie.


I will keep him Mr.Coinfrog, I hope it didn't happened to others.

@nss-52
Quote:
It is a counterfeit.


Truthfully, yes sir... the good things is I only paid this for less than $4.
There is a price for knowledge.
And still, it's a coin however with Mr. David Dwight Eisenhower engraved.

Although it is just a counterfeit, maybe it's a magician tools.



Thank you for your concerning on this case.
I will post the weight ASAP.

Have a good day.

Solo

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silviosi's Avatar
Canada
6244 Posts
 Posted 07/16/2022  10:34 pm  Show Profile   Bookmark this reply Add silviosi to your friends list Get a Link to this Reply
Solo you are in Indonesia, the portal of the fake coins. Is what it is and we have to accept the reality. Majority of those coins come in your country from China because from Indonesia they can sell in any country. In China is forbidding to export fake coins.

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.
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merclover's Avatar
United States
10635 Posts
 Posted 07/16/2022  10:35 pm  Show Profile   Bookmark this reply Add merclover to your friends list Get a Link to this Reply
The seller of this counterfeit coin would be in trouble by the US Treasury Dept. if caught.
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cladboy's Avatar
United States
72 Posts
 Posted 07/17/2022  08:41 am  Show Profile   Bookmark this reply Add cladboy to your friends list Get a Link to this Reply

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 Get a Link to this Reply
I agree on this being a counterfeit coin, the strike/details/composition of the coin in question is undoubtedly wrong. Interesting.
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coop's Avatar
United States
62064 Posts
 Posted 07/17/2022  7:29 pm  Show Profile   Bookmark this reply Add coop to your friends list Get a Link to this Reply
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
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jbuck's Avatar
United States
189767 Posts
 Posted 07/18/2022  11:04 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
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 Get a Link to this Reply
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 Get a Link to this Reply
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
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