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1928 P Peace Dollar

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IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 08/01/2015  11:53 am  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Here are photos of a genuine, PCGS graded 1928 Peace dollar. Compare the details of OP's coin with these. The coin in question has high relief details uncharacteristic of a genuine coin. As such I do believe the coin is counterfeit.

1928-P-Peace-Dollar
1928-P-Peace-Dollar
Edited by IndianGoldEagle
08/01/2015 11:55 am
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 08/01/2015  1:30 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
I'm not prepared to call it authentic based on these images. It would require first accepting it as the strongest strike I've ever seen on a 1928, while still having the slightly muddy, smoothed look of a coin which has been mechanically polished. I'm bothered by the way the lighting makes the obverse field look less than flat, and by the voids in the field right of the L. The B in LIBERTY is odd, too.

If real, there's no doubt in my mind it's a Details coin. It may not be possible to tell if it circulated or not after the polishing. So, even if I chose to believe it authentic in-hand, I don't see much more than a $225-250 coin.

It bears mentioning that there is one single MS67 at Top Pop for this coin. If the example here were a righeteous coin with original surfaces, it would easily be the finest 1928 extant.
Valued Member
United States
281 Posts
 Posted 08/01/2015  1:47 pm  Show Profile   Bookmark this reply Add kdrcoinzz to your friends list Get a Link to this Reply
here is a side by side with highest graded PCGS 1928. the previous picture is a 63-64 and I don't expect the features to match. the features here are much much closer. I asked seller for a better picture before I pay as I am worried about it being a high grade counterfeit. now I will wait until he responds. I highly doubt he himself did the counterfeiting but I refuse to be a victim. a bad feedback is better than a coin not worth the metal it was printed on.

1928-P-Peace-Dollar
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 08/01/2015  1:52 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
If real it'll probably be unc details. I also notice possibly a die break or alteration in the 8 in 1928. I also notice the weird shape of B in liberty too. I just sent out my genuine 28 peace yesterday to ncs to remove heavy tarnish and the B wasn't weird like this one and the 8 had no issues. Wait to see it in hand and go from there, you either got a nice coin or a very nice counterfeit.
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Aahz's Avatar
United States
177 Posts
 Posted 08/01/2015  2:07 pm  Show Profile   Bookmark this reply Add Aahz to your friends list Get a Link to this Reply
I'm going to wait until kdrcoinzz has it in hand and posts some better photos.

I think he's right in that the seller has a good camera/lighting setup -- possibly *too* good for what he's doing. IMNSHO, the lighting is too stark and from too shallow of an angle to accurately photograph the coin. Perhaps the seller photographed it this way on purpose for some dastardly reason, or perhaps he simply thought he was making the coin look nice. But it makes the details look too strong, and makes the finish look weird.

It might be that the details *ARE* too strong and the finish *IS* weird, but I can't say for sure from these photos.
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Slider23's Avatar
United States
4469 Posts
 Posted 08/01/2015  2:14 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
The coin looks to good to be true. The jaw, mouth and nose look totally different on the two side by side coins. If the coin graded MS 66, it is a $40,000 coin. I have a MS 62 that I paid $590. Can I ask what you paid for the coin?
Edited by Slider23
08/01/2015 2:18 pm
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rahtbarg's Avatar
United States
258 Posts
 Posted 08/01/2015  2:17 pm  Show Profile   Bookmark this reply Add rahtbarg to your friends list Get a Link to this Reply
The chin & mouth don't look right to me. I won't say fake but I've looked at a lot of Peace dollars & something about this one doesn't feel right to me. Call it a gut feeling. Sorry.
Valued Member
United States
281 Posts
 Posted 08/01/2015  2:25 pm  Show Profile   Bookmark this reply Add kdrcoinzz to your friends list Get a Link to this Reply
470. I have been taking pictures in different lighting trying to replicate seller photos. I will upload asap.
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denco7's Avatar
United States
2543 Posts
 Posted 08/01/2015  2:39 pm  Show Profile   Bookmark this reply Add denco7 to your friends list Get a Link to this Reply
Sorry, I have to agree with others. It is definitely polished (I wish my car looked that good.) Something about it is not right. Don't know if it is the pictures or the polishing, but it looks much to high relief to be genuine.
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Aahz's Avatar
United States
177 Posts
 Posted 08/01/2015  2:51 pm  Show Profile   Bookmark this reply Add Aahz to your friends list Get a Link to this Reply
I don't have a 1928 to try this with, but here are some photos of my "not-quite-as-good-as-the-one-pictured" 1925:

1928-P-Peace-Dollar

Obviously, I don't have the same lighting setup as the seller, but for the photo on the left I used an LED flashlight propped on some books. On the right, I had just general lighting like I use for most of my other coin photos.

The photo on the left shows no luster whatsoever, and the coin looks cleaned/dipped. But it also shows off the relief in the hair, the rays, and the rim, making them look stronger than they really are. But as you can see on the right, the coin really has some luster, while at the same time having sorta mushy details.

I'm gonna wait for better photos of the actual coin before passing judgement.
Edited by Aahz
08/01/2015 7:22 pm
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IndianGoldEagle's Avatar
United States
36782 Posts
 Posted 08/01/2015  3:36 pm  Show Profile   Bookmark this reply Add IndianGoldEagle to your friends list Get a Link to this Reply
Compare the hair detail on the genuine to the suspect coin, I am seeing too many differences. The hair bun is all wrong. IF you buy the coin, the first thing to do is weigh it. Make sure there is a refund on this one before committing.
Edited by IndianGoldEagle
08/01/2015 3:39 pm
Valued Member
United States
281 Posts
 Posted 08/01/2015  4:46 pm  Show Profile   Bookmark this reply Add kdrcoinzz to your friends list Get a Link to this Reply
@aahz thanks, you didn't have to take the time to do that so I appreciate it. I'm sure he has lots of lighting setups.

sellers exact words in description:

The Coin has a BLAZE WHITE LUSTER with VERY FEW MARKS and an ABOVE AVERAGE STRIKE on both the obverse and reverse. A beautiful coin and a great addition to anyones collection.

With a mintage of only 360,649 the 1928 Peace Silver Dollars has the lowest mintage of all the Peace Silver dollars.

Guaranteed Authenticity.

The coin pictured is the actual coin you will receive.

if he states it has a BLAZING WHITE LUSTER and Bag marks (apparently unseen in the photos) then that would make it seem that the coin was in fact photographed with LEDs and probably ran a few soft filters over it before adding to ebay. I think I'm going to just pay and have it shipped as he also states he Guarantees authenticity. which if its modified or counterfeited then that's grounds for the return and full refund.
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paralyse's Avatar
United States
12057 Posts
 Posted 08/01/2015  5:26 pm  Show Profile   Bookmark this reply Add paralyse to your friends list Get a Link to this Reply
Beware the infamous "1923/8" Peace dollar, where the 1923 date is altered to read 1928, and the coin is given a polish and dip to hide the evidence.

The luster does not match most of the known forgeries, although it could be plated. The marks on the 8 in your Peace are extremely suspicious when compared to the almost-improbable perfection of the other surfaces.

Perform the "Fast 5" quick forgery inspections:
- Ring test (does it ring like a silver coin?)
- Seam test (is there an edge seam?)
- Weight test (how close is it in weight to a known genuine example?)
- Magnet test (is it attracted to a magnet?)
- Alignment test (with the coin facing you, obverse up, flip it over and it should now be rotated 180 degrees)
Member ANA - EAC - TNA - SSDC - CCT #890

"Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
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Aahz's Avatar
United States
177 Posts
 Posted 08/01/2015  6:02 pm  Show Profile   Bookmark this reply Add Aahz to your friends list Get a Link to this Reply
Yes, the "altered 3" forgery is a distinct possibility, and there is the "convenient" damage on and near the 8, which could be to disguise tooling marks. But the top loop of the 8 looks seamless right where the alteration would need to be, so maybe the "damage" on the bottom loop really is honest damage, such as a bag hit or something. Still, waiting to see the coin in a better light (pun intended)

And even if it turns out to be fake and the seller doesn't honor his return/refund policy, you would have both the ebay and the PayPal buyer-protection policies to fall back on.
Rest in Peace
dave700x's Avatar
United States
10625 Posts
 Posted 08/01/2015  6:40 pm  Show Profile   Bookmark this reply Add dave700x to your friends list Get a Link to this Reply
IGE wrote
Quote:
The hair bun is all wrong.


That is a stark difference between the OP coin and the PCGS coin in the side by side. I'm now convinced this is a counterfeit.
Edited by dave700x
08/01/2015 6:41 pm
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