| Author |
 Replies: 28 / Views: 2,438 |
Page 2 of 2
|
|
|
|
Pillar of the Community
United States
851 Posts |
As a follow up to my last message, I forgot to say I have the same type of reedless Peace dollar. You can clearly see the grinding marks from a file or such!  |
|
Pillar of the Community
United States
1291 Posts |
Yeah...I can see that "vestigial evidence of reeding" that SuperDave and others have pointed out. I'm betting bench vise and some sort of filing mechanism. Still begs the question, "why?"
|
|
Pillar of the Community
Spain
1361 Posts |
Quote:
Still begs the question, "why?" Why? The only reason could be to desive someone. |
|
Valued Member
United States
311 Posts |
Quote:
Reeding is a little tougher to fake. If you're casting it somewhere in Asia, for it to be circulated in Asia as a purported US coin, you don't have to be perfect to get by Maybe so, but if that's a fake, it's the best I've seen- the hair detail and crown look correct. Personally, I think it's a genuine dollar that's been altered to remove the rim, probably to fit it into a piece of jewelry or belt buckle or something. All the gouges on the rim that are displayed on the obverse and reverse of the coin look like tool marks- I can't see having huge casting air bubbles like that on the rim with the design that sharp. |
|
Moderator
 United States
16677 Posts |
 Not to mention the numerous contact marks and diameter.  swcoin.ecrater.com
|
|
Bedrock of the Community
United States
14454 Posts |
allot of people back in the day used to shave their coins and thats why they started putting reeding on the coins in the first place so you could tell when one was shaved off. they would shave a little off each coin and then after awhile they would cash the silver/gold they had shaved off for more money, so they got the face value of the coin plus what ever they got for the shavings they had saved. As I said that was why they started putting reeding on the coins to start with to try to stop this practice
|
|
Pillar of the Community
United States
812 Posts |
Here's a theory. I know coins used in slot machines (back when that was common), especially half dollars, often ended up with the reeding severely worn. Were Peace dollars commonly used in slot machines back in the day? If so, that might account for what we're seeing. |
|
Pillar of the Community
United States
1882 Posts |
The edges don't look the same to me as halves I've see with damage from slots.
|
|
Bedrock of the Community
United States
10045 Posts |
they're too square. |
|
Valued Member
 United States
77 Posts |
Quote:
Why? The only reason could be to desive someone.
I know they are doing a good one on us  I am going to try and take some better pics with a different camera. |
|
Pillar of the Community
United States
1840 Posts |
Quote:
Why would someone go thru the trouble to cast such a low value coin? Because it is easier to pass off 10 common date fakes than it is to unload one key date. |
|
Valued Member
United States
303 Posts |
Those cast fakes probably cost less than $1 or even less to make. Just getting $10-$15 on a common coin, even if it just silver bullion price, you will still make a good profit.
Even paying $3 shipping from China, a $15 or so silver dollar will be cheap.
|
|
Moderator
United States
23522 Posts |
They cost pennies to make, and when you're passing them in an Asian market as more-valuable foreign silver, you get more than a dollar's value from them. Not all counterfeits are intended for you and I; indeed, that's a recent development.
I still believe the coin in question here is genuine.
|
|
Bedrock of the Community
United States
17884 Posts |
Quote:
Diameter is the same as the others too. To what precision? What are you using to measure them? The reeding stands only about a quarter mm high. Grind of JUST the reeds and you reduce the diameter by somewhere between one and two hundredths of an inch. |
|
Pillar of the Community
United States
655 Posts |
Interesting mystery. If we're taking votes, mine would go with the idea that this piece was in a jewelery clasp or belt buckle. The reeding might've needed to be made smooth to fit right or to look better. All those crimp marks on the edges look like something was holding it firm.
|
|
Page 2 of 2
|
Replies: 28 / Views: 2,438 |
Page 2 of 2
|
First Page
Posted 02/28/2009 6:03 pm
