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Counterfeit Detection: 1855 Seated Liberty Quarter

 
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United States
1411 Posts
 Posted 05/26/2020  4:58 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message
NGC - With a mintage of more than 2.8 million pieces, the 1855 "Arrows at Date, No Rays" quarter is not a particularly rare offering in the Seated Liberty series. Numismatic Guaranty Corporation ( NGC) has graded nearly 200 examples, with the highest being an eye-catching Mint State-67. However, a specimen recently submitted to NGC caught the graders' eyes for another reason: it was a counterfeit.



The coin initially appears to be a lightly circulated example. However, many problems quickly become apparent. The overall surface has a light porosity, and the coin is not well struck. A portion of metal is missing from the shield and the "8" in 1855.

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Bedrock of the Community
Australia
17074 Posts
 Posted 05/26/2020  7:03 pm  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
Alloy reported as being very much 'off' - mainly copper and zinc with an admixture of nickel. If it had been plated with 90% silver, it would have escaped XRF testing.
What happens when they strike fakes from 90% recycled junk silver?

Close examination of die detail then becomes the most important diagnostic. That is a problem, when a probable buyer doesn't have detailed diagnostic comparison information with him, at the time of purchase. Same problem with an eBay buyer, especially when less than excellent pictures are provided.
Valued Member
United States
364 Posts
 Posted 05/26/2020  9:04 pm  Show Profile   Bookmark this reply Add suipakpaikungfu to your friends list Get a Link to this Reply
I don't know, just looking at it would have sounded "Red alert!!" to me.
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Canada
153 Posts
 Posted 05/26/2020  11:56 pm  Show Profile   Bookmark this reply Add JGpenny to your friends list Get a Link to this Reply
I'm not expert on Seated coinage but that immediately jumps out as being 'wrong' to me. Its good enough to fool some but I don't think experienced collectors of this series would be fooled by this.
Pillar of the Community
United States
1512 Posts
 Posted 05/27/2020  03:37 am  Show Profile   Bookmark this reply Add realeswatcher to your friends list Get a Link to this Reply
Is NGC rerunning Counterfeit Detection articles from 2005 due to the current situation?
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United States
4724 Posts
 Posted 05/27/2020  11:18 am  Show Profile   Bookmark this reply Add kanga to your friends list Get a Link to this Reply
Is it correct that a TPG will return a counterfeit to the submitter and in a body bag?
The submitter would need it to get a refund of the purchase price.
Describe it as if there were no picture.
Picture it as if there were no description.
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