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 Replies: 21 / Views: 6,121 |
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New Member
United States
4 Posts |
First post here. I'm not really a collector...yet. my grandfather gave me his box of silver coins before passing away several years ago. I finally did some research on the coins just out of curiosity. I read that 1928 Peace dollars are sort of rare(no MM). I took my coins to a local coin dealer just to see what they thought and maybe sell a few pieces. the guy seemed totally uninterested and kind of rude. I called the day before going just to see if they would have time to take a look at my collection, which he later said was "A horde" rather than a collection. he took a quick look at the Peace dollars and said it looked like someone added metal to the 3s to make them look like 8s. I have one 1928 with no MM and one S. I know my grandfather didn't alter them. maybe someone else did before he had them. but what are the odds that both were altered? I think the guy was trying to pull a fast one on me. he pretty much offered me 12 bucks for each one(i have 11) I attached an image of my 2 1928s and a 1923 as a reference. I was hoping to get some feedback from others here. Do they look altered? honestly after looking at the one with no MM I'm more concerned that it was somehow removed. how could someone just "add metal" to a silver coin to make a 3 look like an 8? If they did, it looks like they did a pretty good job. I dunno, I was a little disappointed being told they were fake, but the guy didn't really give of a friendly vibe. I had him look at a few things and just said thanks but no thanks then left. so what do you guys think? any input is greatly appreciated.  |
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Rest in Peace
10197 Posts |
 to the forum! That coin dealer was a smuck unfortunately. Hope you didn't sell anything to him! $11 is way low, probably said give you so much under melt value I bet! Its hard to see the fine detail needed to determine altered coins, need closeups. What is most often altered on the 1928 Peace is to remove the S mintmark, not change the date. If your 28P is the lower left in both side pix, it is indeed a 28P, not altered. Dealer was trying to get ya, give you $11 for a $150-200 coin hoping you knew no better. Since those are family inheritance, keep them. Past them on to your kids eventually, they're sentimental, makes them special....once they're gone, you lose some memories, and those coins will have more collector value as time goes on. Only sell silver coins when its "junk" silver, low values/damaged. |
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Bedrock of the Community
 United States
12477 Posts |
Remove that dealer from your sources. Can you post full-coin pics of those in question, both sides? I don't see any obvious tampering with the '28s, but I am no expert. If the pics correlate, one of your '28s has an S mintmark. In Memory of Crazyb0 12-26-1951 to 7-27-2020
In Memory of Tootallious 3-31-1964 to 4-15-2020
In Memory of T-BOP 10-12-1949 to 1-19-2024
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New Member
 United States
4 Posts |
here's the front and reverse of the 1928P. hopefully I got enough detail in the images. I didn't sell him anything. I had a feeling he was trying to fool me so I didn't even have him look at anything else. I don't mind parting with a lot of what I have. I'd be fine with just having a few of the different designs used throughout history. I don't see myself getting too deep in the hobby. I have too many hobbies that are already expensive enough. I'd rather sell my coins to someone with a genuine interest in collecting. I can say with certainty I wont have kids, my wife and I are content being childfree. I appreciate my grandfather entrusting them to me and I dont know if I can go through with selling them off. It feels wrong. but I dont feel like I should have them if my pieces would be better appreciated by a true hobbyist. anyway here are the pics   |
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Valued Member
United States
415 Posts |
I do see what the dealer may have been talking about with the new pics you just posted. We may need additional pics, at different angles of the date if you can. looks like it might be a VERY PRO tool and die job. however could also just be so die breaks in that 8
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Pillar of the Community
United States
4963 Posts |
I'm not totally convinced either way on the date, but I'm leaning toward genuine. As for the dealer, though, I'm sorry you had a bad experience.  The rest of us aren't like that.  Edited by Numisma
04/04/2018 08:28 am
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Rest in Peace
United States
17900 Posts |
Hopefully you will be able to assemble what is called a "type set" of the different type of coins you have. A type set means you keep one of each kind - the date does not matter. So save one Peace dollar, one Walking Liberty half dollar, etc . The better dates could be sold and you would have a very nice set to hold. |
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Pillar of the Community
United States
536 Posts |
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Moderator
 United States
54280 Posts |
If your coins are authentic, the 8 in the date will look just like the 8 on the left. The image also shows one example of an altered 1923.  (source VAMWorld) |
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Moderator
United States
187950 Posts |
to the Community! |
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Pillar of the Community
United States
4469 Posts |
I would have concern that the coin has been altered because the area around the 8 looks cleaned to hide tool marks. The lower loop of the 8 took a hit that may be to hide the thick side of the three. The 8 appears to have connecting joints.
You may want to do the following: check for the die marks of the 1928, soak the coin in acetone if the alterations is glued on it will come off, send to ANACS for grading and authencation.
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Moderator
United States
54280 Posts |
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Bedrock of the Community
United States
94367 Posts |
to the CCF! |
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Valued Member
240 Posts |
I'd take Slider23's advice.
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Pillar of the Community
United States
8715 Posts |
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Rest in Peace
10197 Posts |
Ahh, it is suspect tho. If you look closely at your coin, notice the raised "dots" on the upper and lower left curves, these may be residuals of the end tip serifs of a 1923P. One good point, it is a P, not with S removed! The only way to really determine if it is a high dollar coin or a damaged fake at melt value is to do as suggested. Soak it for a day in Acetone, won't hurt the coin. If it can be remained/edge lifted, then a know fake. If it passes, only real way is to verify through certification means (Third Party Grading TPG). Edited by Crazyb0
04/04/2018 12:45 pm
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Replies: 21 / Views: 6,121 |
Posted 04/04/2018 02:59 am
