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4 Questions About My New Coin

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smn's Avatar
Australia
43 Posts
 Posted 06/14/2015  01:18 am Show Profile   Bookmark this topic Add smn to your friends list Get a Link to this Message Number of Subscribers
Just brought my first coin off ebay and have some questions that are concerning me a little so appreciate some help.

It's a 1903 Philippines Peso.

Q1: Has it been cleaned? If so, is the damage bad and can I do anything about it?

Q2: About how would you grade it? I mean, what grade do you think it is?

Q3: Why does it measure only 37mm, since a 1903 peso measures 38mm according to wikipedia? Can old silver coins shrink?

Q4: Could it be a fake possibly?



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Edited by smn
06/14/2015 01:23 am
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SilverStackerKid's Avatar
United States
6478 Posts
 Posted 06/14/2015  01:52 am  Show Profile   Bookmark this reply Add SilverStackerKid to your friends list Get a Link to this Reply
Looks polished, impossible to revert, AU details? Coins don't shrink, 1 exception, http://www.capturedlightning.com/fr...esting1.html
It might be, I am unsure if it is fake.
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Gyrene7483's Avatar
United States
1704 Posts
 Posted 06/14/2015  02:05 am  Show Profile   Bookmark this reply Add Gyrene7483 to your friends list Get a Link to this Reply
With the coin in the plastic it is very hard to determine whether it has been cleaned. The angle of your pictures makes it hard to assess a grade. Are you physically measuring the coin or just going by how loose it is in the plastic holder?

Coins do not shrink in diameter unless it was deliberately filed down. Compare its actual weight to its specification weight. It should be very close.
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smn's Avatar
Australia
43 Posts
 Posted 06/14/2015  03:25 am  Show Profile   Bookmark this reply Add smn to your friends list Get a Link to this Reply

Quote:
Are you physically measuring the coin or just going by how loose it is in the plastic holder?


I was using the lighthouse 38mm coin holder as a measurement, lol. It's a little lose in there, but I just physical measured it and it is 38mm!

Here are some scans of the coin. I can't take a proper photo with my phone, and it's dark out now where I am so I'm not getting the right lighting with a lamp. Sorry, but will these scanned images work?



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John1's Avatar
United States
56855 Posts
 Posted 06/14/2015  06:03 am  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply

Quote:
Coins do not shrink in diameter unless it was deliberately filed down.
Couldn't a coin over time "shrink" do to circulation use?
John1
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bungle's Avatar
Japan
349 Posts
 Posted 06/14/2015  06:44 am  Show Profile   Bookmark this reply Add bungle to your friends list Get a Link to this Reply
Q1: Has it been cleaned? If so, is the damage bad and can I do anything about it?
Maybe, but it doesn't look too bad. Is there any luster remaining?

Q2: About how would you grade it? I mean, what grade do you think it is?
XF-

Q4: Could it be a fake possibly?
It is most probably not a fake, just by looking at the pictures.
It should weigh very close to 26.96g and the thickness at the rim should be about 2.7mm
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 06/14/2015  08:25 am  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
Not a fake, although it has been cleaned. Looks XF to me. This coin is now on my list of US coins to buy, I like it!
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smn's Avatar
Australia
43 Posts
 Posted 06/14/2015  09:14 am  Show Profile   Bookmark this reply Add smn to your friends list Get a Link to this Reply

Quote:
This coin is now on my list of US coins to buy, I like it!


I love it. I love the design and to me it represents a time in history when America became a word power immediately after the Spanish American war. It's my favourite coin, so I brought it to start my collection.
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Sap's Avatar
Australia
16826 Posts
 Posted 06/14/2015  8:47 pm  Show Profile   Bookmark this reply Add Sap to your friends list Get a Link to this Reply

Quote:
Coins don't shrink, 1 exception...



Coins do not shrink in diameter unless it was deliberately filed down.



Couldn't a coin over time "shrink" do to circulation use?

Normal circulation will not make a coin shrink by very much. Coins do not wear evenly, all the way around; most of the loss of metal due to wear on a coin comes from rubbing the two sides.

A coin can "wear" on the rims if it gets over-used in a slot machine or vending machine of some kind. As the Philippines had very few such machines back in the early 1900s, this is not likely to be a problem for this particular series. A " Dryer Coin" also has a shrunken diameter, but has other distinctive features such as an extra-thick rim.

Something that can make a coin shrink evenly on all three sides (obverse, reverse and edge) is chemical attack. Most of the "shrunken coins" I have seen that were not obviously Dryer Coins were acid-corroded. However, silver is pretty resistant to most acids so a silver coin is unlikely to suffer this fate.
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CelticKnot's Avatar
United States
12819 Posts
 Posted 06/15/2015  12:40 am  Show Profile   Bookmark this reply Add CelticKnot to your friends list Get a Link to this Reply
@COTW: why do you say it's been cleaned?
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smn's Avatar
Australia
43 Posts
 Posted 06/17/2015  01:28 am  Show Profile   Bookmark this reply Add smn to your friends list Get a Link to this Reply
Here's some photos without the capsule



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United States
20753 Posts
 Posted 06/17/2015  12:54 pm  Show Profile   Bookmark this reply Add just carl to your friends list Get a Link to this Reply
Nice looking coin. If ever cleaned, good job since looks OK to me. For sure almost an AU. Not much wear. I like that one.

Quote:
Couldn't a coin over time "shrink" do to circulation use?

One of the biggest problems with old coins in Folders. The fall out due to wear making them a bit smaller. One reason kids spit on the backs of the coins when putting them in Folders. Gets the glue wet and the coins stay put.
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