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Coin Shop Owner Said Both Of My 1928 Peace Dollars Were Just Altered 1923-S

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 Posted 04/04/2018  08:39 am  Show Profile   Bookmark this reply Add scstrawn to your friends list
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 Posted 04/04/2018  08:45 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
If your coins are authentic, the 8 in the date will look just like the 8 on the left. The image also shows one example of an altered 1923.
Coin-Shop-Owner-Said-Both-Of-My-1928-Peace-Dollars-Were-Just-Altered-1923-S
(source VAMWorld)
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 Posted 04/04/2018  09:35 am  Show Profile   Bookmark this reply Add Slider23 to your friends list
I would have concern that the coin has been altered because the area around the 8 looks cleaned to hide tool marks. The lower loop of the 8 took a hit that may be to hide the thick side of the three. The 8 appears to have connecting joints.

You may want to do the following: check for the die marks of the 1928, soak the coin in acetone if the alterations is glued on it will come off, send to ANACS for grading and authencation.
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 Posted 04/04/2018  09:50 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list
NGC gives the markers for the four genuine obverse dies.
https://www.NGCcoin.com/news/articl...eace-dollar/
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 Posted 04/04/2018  10:08 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list


to the CCF!
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 Posted 04/04/2018  10:54 am  Show Profile   Bookmark this reply Add jmwilson to your friends list
I'd take Slider23's advice.
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 Posted 04/04/2018  12:41 pm  Show Profile   Bookmark this reply Add Crazyb0 to your friends list
Ahh, it is suspect tho. If you look closely at your coin, notice the raised "dots" on the upper and lower left curves, these may be residuals of the end tip serifs of a 1923P. One good point, it is a P, not with S removed!

The only way to really determine if it is a high dollar coin or a damaged fake at melt value is to do as suggested. Soak it for a day in Acetone, won't hurt the coin. If it can be remained/edge lifted, then a know fake. If it passes, only real way is to verify through certification means (Third Party Grading TPG).
Edited by Crazyb0
04/04/2018 12:45 pm
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 Posted 04/04/2018  12:46 pm  Show Profile   Bookmark this reply Add 999fine to your friends list
I truly appreciate this thread. I am a non-US collector and would likely fallen prey to such a doctored coin.
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To the Forum.
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Thanks for the feedback everyone. I'll try the acetone thing soon. I need to buy some. I'll try to get some more pics later. I hope they're not fake. I was looking through my grandpas old coin handbook from 1990 and there's an ! next to the 1928 Peace dollar entry .

I don't know the exact motivation behind his collecting. I just know that he did it over a long period of time. a lot of the dates for the various types of coins are WWII years so I'm sure that prompted him to stash away the silver.
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 Posted 04/04/2018  3:31 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list
When you use the acetone do not wipe or rub the coin dry. If you want to dry the coin, pat dry with a soft cloth.

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 Posted 04/04/2018  3:33 pm  Show Profile   Bookmark this reply Add ron6788 to your friends list
Hi and . Sorry about your bad experience. Unfortunately, there's a lot of shenanigans in the rare coin hobby, and, it probably isn't getting much better.

I'm not an expert on these things but the 8 on your coin does appear to be irregular on the right side of the lower loop. Yes, if it was altered it was an expert job.
Coin-Shop-Owner-Said-Both-Of-My-1928-Peace-Dollars-Were-Just-Altered-1923-S

I think your attitude of getting the coins to people that may appreciate them more than you could is very healthy. I wouldn't feel overly sentimental toward them. Afterall, it's money. My grandfather also left about two dozen Morgan/Peace dollars to my family which eventually came down to me. I kept them for awhile but then realized I had no real interest in raw, circulated dollars and I sold them at auction. I used the money to get something else.
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 Posted 04/04/2018  3:34 pm  Show Profile   Bookmark this reply Add jbuck to your friends list

Quote:
When you use the acetone do not wipe or rub the coin dry. If you want to dry the coin, pat dry with a soft cloth.
No need to dry the coin at all. Make a final rinse with fresh acetone and let it evaporate on its own. It will happen faster than you can pull your soft cloth from the cabinet.
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