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1921 Peace Dollars

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Jamez's Avatar
United States
750 Posts
 Posted 07/20/2007  9:54 pm Show Profile   Bookmark this topic Add Jamez to your friends list Get a Link to this Message Number of Subscribers
I picked up two of them from a gentleman. Go ahead gang, grade away. 4 Pictures, 2 Coins.

1921-Peace-Dollars

1921-Peace-Dollars

1921-Peace-Dollars

1921-Peace-Dollars
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Becky's Avatar
United States
954 Posts
 Posted 07/21/2007  11:08 am  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Jamez,

I don't think the person you picked these up from was a gentleman. I think he sold you 2 fakes. Look at the 2 on your coins, now look at a real one.

1921-Peace-Dollars

Sorry...
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Susanlynn9's Avatar
United States
5877 Posts
 Posted 07/21/2007  1:57 pm  Show Profile   Bookmark this reply Add Susanlynn9 to your friends list Get a Link to this Reply
Unfortunately, they are definitely fake. I hope you didn't pay very much for them or that you can get your money back.
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Amazon99's Avatar
United States
2443 Posts
 Posted 07/21/2007  5:20 pm  Show Profile   Bookmark this reply Add Amazon99 to your friends list Get a Link to this Reply
They look fake to me. Try and return them. If he won't take them back, throw them through his windows (just kidding). LOL.
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Jamez's Avatar
United States
750 Posts
 Posted 07/21/2007  8:14 pm  Show Profile   Bookmark this reply Add Jamez to your friends list Get a Link to this Reply
I called him, told him that they are indeed fake. He said Jim, bring them back, I bought them just as you did. He said to me I have a couple of 21 Peace ya want em. I said ya sure toss em in the bag. Money is back in my wallet. Strange I have never second looked at a coin from this dealer in 20+ years. Guess its one of them things. Glad I put them here I would never had payed attention to them. Not like they are high dollar coins. Lesson learned though. Thanks Gang..

Not even good fakes and I let it get by me. Makes me mad actually. I should of kept them, put them on the wall just as a reminder.
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Becky's Avatar
United States
954 Posts
 Posted 07/21/2007  8:36 pm  Show Profile   Bookmark this reply Add Becky to your friends list Get a Link to this Reply
Don't be mad. You posting them here showed a whole bunch of people what to look for. You got your money back and saved a bunch of money for a lot of others. You did good!
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tights24's Avatar
United States
2254 Posts
 Posted 07/23/2007  07:11 am  Show Profile   Bookmark this reply Add tights24 to your friends list Get a Link to this Reply
I don't mean to be captain obvious here, but if you have been dealing with this gentleman for 20+ years, than I assume he has been a dealer/collector for 20+ years. I apologize if this is a friend of yours, but that is not satisfactory to me just because he accepted the return!! These coins should never have been sold, whether it be a long time client or someone getting into the hobby. If a dealer can't identify a fake that is that blatant, or know it's a fake and still sell it and plead ignorance, it doesn't seem like a dealer that should be open for business.... I apologize for the harsh words, but I think it to be a little ridiculous.

Regardless, I am glad to see that you got your money back. Did he by chance offer you a 1754 Trade dollar in exchange?
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bobby131313's Avatar
United States
24150 Posts
 Posted 07/23/2007  07:26 am  Show Profile   Bookmark this reply Add bobby131313 to your friends list Get a Link to this Reply
I agree with Tighe, I'd be checking every coin I ever bought from this "gentleman". Especially if those fakes are cast, which is what they look like. A 20+ year "dealer" should know a cast silver dollar pretty much the second he picks it up.
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greyhav's Avatar
United States
144 Posts
 Posted 07/23/2007  2:31 pm  Show Profile   Bookmark this reply Add greyhav to your friends list Get a Link to this Reply
What else makes it look fake? Is the consensus that it was probably cast?

After being told to look at the 2, I can also see that the 9 is different, and the 1's aren't pointed in the right directions.
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biokemist6's Avatar
United States
12437 Posts
 Posted 07/23/2007  4:34 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
quote:
What else makes it look fake?

The 1921 Peace dollars had a high relief medallic-type design with concave fields whereas the other years were of a low relief design with flat fields. If you know what the high relief design is supposed to look like, it is obvious. In fact, I knew the coins posted were fake before I even paid any attention to the date.

Looking at the date, they may not be cast fakes. Another explanation may be that a Peace dollar with another date has been tooled/engraved to look like a 1921. There is alot of "fuzziness"(buff marks to remove traces of tooling?) around the date and the date seems very bold compared to the rest of the devices. After the tooling, the whole coin would have been "roughed up" to conceal the alteration. Granted, an alteration like this is difficult to determine from less than ideal photos and would need and in-hand examination to determine it for certain. The problem is that someone dealing in coins for 20+ years should be able to spot a bad cast or a bad tooling from a mile away. Either his eyesight is failing him or he has a "workshop" in the back office. An accurate weight should go a long way in telling whether it is an off-metal cast or an alteration of a real dollar.

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Jamez's Avatar
United States
750 Posts
 Posted 07/24/2007  11:13 pm  Show Profile   Bookmark this reply Add Jamez to your friends list Get a Link to this Reply
The coins had been tooled, I dont think they were cast. Weight was ok on them. The dealer has been a dealer for 25+ years actually, I have known him for about 20. He told me and I believed him that they had just came in with a bunch of other silver morgans and Peace dollars, he looks for better dates and sets them aside. Dumping the rest for silver. I took the man at his word, didnt even look at the coins. He said a price I said put em in the bag. Sad part is I just joined this group and would never have given it a thought to even look at the coins, not a high price item. I posted them here simply for some discussion. The Lord works in mysterious ways. Wish I could say that this is the first time something like this had happened to me. Could post a picture of a XF 1909S VDB that is suspect (added S). I purchased a complete set back in the mid 70's. Was upgrading recently with set #2. Pulled set #1 out, looked at it and it was like somebody put a flood light on the coin. Still have it, keeping it for a reminder. The dealer that sold me that has long since passed away. As they say. READ the book then buy the coins. Goes to show ya, dealers get fooled, old timers get fooled or are fools sometimes. : ) Either way, its all good.

Thanks gang for the input, I know that I have to watch EVERY purchase now, even from trusted sources.
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