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1923 Silver Peace Dollar Counterfeit. Thank You CCF!

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Pillar of the Community

United States
589 Posts
 Posted 05/18/2021  7:34 pm Show Profile   Bookmark this topic Add Minnimarine to your friends list Get a Link to this Message
I Live by a bar and, most of the folks know me. Occasionally they bring coins to me asking me to buy. A friend came by late just as I got home from work around 10pm. Wants to sell me two 1923 Peace coins. Soon as he handed them to me I saw black dots, and felt wrong. Immediately put them on the scale, and both weighed a whopping 19.6. I said nope and gave them back. He said he paid $40 for them, and I said I'm sorry, but you got robbed. jerryc39 I want to thank personally for his post on 5/10 of fake Morgan's. Also for the post on the 1794, and 1775 counterfeit post. This forum and those posts reminded me to pay attention. I did tell him it was illegal for him to sell them. He said he did not want them, and I said neither do I. I am currently in possession of them. I can stamp copy on them I think, but I think I should let the Law have them. Look at the letters and date. Black dots are rust, and no luster.


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United States
8607 Posts
 Posted 05/18/2021  7:41 pm  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Great coin, though I think you might be missing something, it's not illegal to own them, nor is it illegal to sell them, I've bought and sold fakes on more than a few occasions. It IS illegal to try to pass them off as genuine though, if an informed buyer knows it is not real, and the seller knows as well, there's no issue. This would be a coin I know I, and probably many others, would love to have as an educational piece.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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United States
58049 Posts
 Posted 05/18/2021  7:51 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Great story and pics, thanks!
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United States
11732 Posts
 Posted 05/18/2021  7:59 pm  Show Profile   Check spruett001's eBay Listings Bookmark this reply Add spruett001 to your friends list Get a Link to this Reply
Well done!
In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020

Oh that I was where I would be,
Then I would be where I am not,
Here I am where I must be,
Go where I would, I can not.
Pillar of the Community
United States
7207 Posts
 Posted 05/18/2021  8:31 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
In Canada you cannot own a counterfeit, but here in the States is OK. You can stamp "copy" on them if you want, but it is not required unless you have a business making copies of coins. As has been suggested, keeping them for educational purposes/examples is a good thing.
The slabbed Half dollar No FG farce: Download No-FG half vs. Grading Company Claims report here:
https://tinyurl.com/yalrstjz or higher resolution version: https://tinyurl.com/y7rksxu8

- How much squash could a Sasquatch squash if a Sasquatch would squash squash?
Valued Member
United States
363 Posts
 Posted 05/18/2021  8:40 pm  Show Profile   Bookmark this reply Add Oldfordman to your friends list Get a Link to this Reply
I would take it if it was for the right price. It is a nice coin and some of the old counterfeits are worth more than the original coin. That is if you can identify them and who made them. But keep them anyway for educational purposes.
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United States
17378 Posts
 Posted 05/19/2021  02:36 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
Don't look like contemporary counterfeits, more like some of the recent Chinese counterfeits in which case they were made after 1973 and although you may be able ton own them, it would be illegal to sell them as unmarked they would be in violation of the HPA. Under the HPA you couldn't even sell them as counterfeits without marking them.
Gary Schmidt
Pillar of the Community
United States
589 Posts
 Posted 05/19/2021  07:59 am  Show Profile   Bookmark this reply Add Minnimarine to your friends list Get a Link to this Reply
I suppose I could keep them. Definitely got my eyes open now. Didnt think I would ever see one, and if I did I wouldnt know. At least he was only out of $40 and not $100 plus. Funny that's what his asking price was. I dont think I would have known any of this stuff if I didnt become a member here. Now I pick up books, watch programs, read alot in this forum, and always searching the web. The last few posts on counterfeit had me paying attention. Actually feels pretty good that I caught it before I was bamboozled. I am gonna keep them. Dont like them, but for educational use. I'm sure for the right price you would mean free? It's illegal to sell lol. Stay vigilant because this happened in the Heartland.
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 Posted 05/19/2021  11:58 am  Show Profile   Check GrapeCollects's eBay Listings Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply

Quote:
I'm sure for the right price you would mean free? It's illegal to sell lol.


As stated upthread, it's not, and even if it was, there's a difference between letter of the law and spirit of the law. There's a difference between you knowingly selling a fake to someone who doesn't know, and you agreeing to sell a fake to someone who A) knows it's fake B) You believe will be a good faith actor with it and not misuse it.
My best finds: 1999-WAM:http://goccf.com/t/332161 1988-RDV-6:http://goccf.com/t/335954#2873459 1986-Off-center: http://goccf.com/t/335952
1999 WAM #2:http://goccf.com/t/338710&whichpage=1
1981 Double Struck In Collar: http://goccf.com/t/350199&whichpage=1
ANA id: 3194067
My Type Set: https://www.NGCcoin.com/registry/co...sets/236574/
If you want to buy something or sell something or just talk, shoot me a PM!
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United States
100593 Posts
 Posted 05/19/2021  1:55 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply
I have to agree with Grape. I do not see anyone being prosecuted for a good faith transactions. Otherwise, a lot of black cabinet collectors would knee deep in heartache.
Pillar of the Community
United States
589 Posts
 Posted 05/20/2021  1:25 pm  Show Profile   Bookmark this reply Add Minnimarine to your friends list Get a Link to this Reply
What about state law? Under Illinois 720 ILCS 5/ Criminal Code I cant find anything about owning them. I sure dont like messing with thing like that when I don't know the rules, laws, or business.
Edited by Minnimarine
05/20/2021 1:27 pm
Valued Member
United States
359 Posts
 Posted 05/22/2021  4:41 pm  Show Profile   Bookmark this reply Add IsThisAnything to your friends list Get a Link to this Reply
I work with a lot of cash and the first thing you learn about counterfeits is that there are two types, the over confident and the under confident. The under confident counterfeiters always try to hide their mistakes by making their currency look worn and heavily circulated, but it always makes me laugh because that never works. Once you're educated, such pieces come out if the wallet just screaming at you. I'm not a collector of Morgan's yet, but this is a great story.
Pillar of the Community
United States
589 Posts
 Posted 05/22/2021  7:30 pm  Show Profile   Bookmark this reply Add Minnimarine to your friends list Get a Link to this Reply
Glad to share it with you all. Just want to thank this forum for there posts on counterfeits, and reminding me to pay attention. Figured I would do as the rest and post these coins to give the alert. Really if it wasnt for the couple past posts on the other coins be hard to say if I caught them or not.
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 Posted 05/22/2021  7:50 pm  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
Don't try to sell them on eBay.
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Pillar of the Community
United States
589 Posts
 Posted 06/07/2021  10:20 pm  Show Profile   Bookmark this reply Add Minnimarine to your friends list Get a Link to this Reply
No I will not be selling it on ebay or anything.
@old Ford man I cant send you a pm.
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