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1862 Trime ~2x Overweight, Interesting Attributes, Struck On Foreign Coin ?

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United States
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 Posted 01/19/2019  7:09 pm Show Profile   Bookmark this topic Add Blueberry Pirate to your friends list Get a Link to this Message Number of Subscribers
Hello,

Picked up a Three Cent Silver piece with some interesting attributes, was hoping to get some other eyes on it - potentially struck on what was previously a foreign coin?

size/weight
- double regular weight (~1.6g vs 0.75g)
- thicker than a normal trime
- same diameter as normal trime (14mm)
- medal alignment

obverse
- generally well struck but mushy at bottom (date, shield), date potentially double punched/longacre doubling?
- looks like a circle intersecting date and bottom tip of star, but underneath (aka previous design on coin?)

reverse
- well struck other than area corresponding to date on obverse
- looks like small circles around edge


Reading Breen's encyclopedia on Type III trimes, 2 things stand out to me

1. Specie payments suspended on East Coast Dec 28 1861 due to the Civil War, leading to hoarding of silver coins. As a result reduced quantities of silver arrived at the mint, and stock was "mostly from uncurrent or worn-out coins melted for the purpose"
2. Breen mentions counterfeits made during the war 1859-1862 inclusive, but to my eyes this doesn't match his description, specifically "Dates are always larger than on the genuine issue; letters are apt to be irregularly spaced and wider than the genuine"

What do you think?

1862-Trime-~2x-Overweight,-Interesting-Attributes,-Struck-On-Foreign-Coin-?
1862-Trime-~2x-Overweight,-Interesting-Attributes,-Struck-On-Foreign-Coin-?
1862-Trime-~2x-Overweight,-Interesting-Attributes,-Struck-On-Foreign-Coin-?
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 01/19/2019  7:38 pm  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
No 3C silvers were struck in 1862. A crude counterfiet maybe, let's see what others think.
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United States
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 Posted 01/19/2019  7:42 pm  Show Profile   Bookmark this reply Add Blueberry Pirate to your friends list Get a Link to this Reply
Hi GrapeCollects, I believe you are thinking of Three Cent Nickels, which were only struck 1865-1889

According to my Red Book they minted ~343,000 1862 silver Three Cent pieces
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jbuck's Avatar
United States
188640 Posts
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United States
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 Posted 01/20/2019  05:24 am  Show Profile   Bookmark this reply Add lcutler to your friends list Get a Link to this Reply
That is a counterfeit. Look at the date on a genuine coin, the digits on yours are way too large and misshapen.
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Keith67's Avatar
United States
6562 Posts
 Posted 01/20/2019  05:35 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
The date is way to big
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CoinsKelly's Avatar
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3453 Posts
 Posted 01/20/2019  6:17 pm  Show Profile   Bookmark this reply Add CoinsKelly to your friends list Get a Link to this Reply
There are many problems with this coin that indicate it is not authentic:

1) Date is wrong
2) Letter font is wrong
3) Star lines too thick
4) Extra lines around the symbols in the C
5) Mushy stars

Just to name a few
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 Posted 01/20/2019  7:27 pm  Show Profile   Bookmark this reply Add Blueberry Pirate to your friends list Get a Link to this Reply
Thanks all, good thing I asked!
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BStrauss3's Avatar
United States
4592 Posts
 Posted 01/20/2019  9:29 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
Be aware that CONTEMPORARY counterfeit trimes are collectable. In fact circulated ones can sell for more than their genuine counterparts.

There aren't a lot of interested collectors but there are some. I've won a couple bidding wars on ebay.

The most common material is german silver (a white alloy of nickel zinc and copper). Other metal alloys are known.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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Conder101's Avatar
United States
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 Posted 01/22/2019  11:37 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
That's not a contemporary counterfeit though.
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 Posted 01/23/2019  9:20 pm  Show Profile   Bookmark this reply Add Blueberry Pirate to your friends list Get a Link to this Reply
2 questions,

1. How would you tell a "contemporary" from a "modern" counterfeit? Metal content?
2. Why would a contemporary counterfeit sell for more than a genuine? Credit to the skill of the counterfeiter?
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BStrauss3's Avatar
United States
4592 Posts
 Posted 01/23/2019  9:46 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list Get a Link to this Reply
WRT #2

Less common. Many of the contemporary counterfeits are known from only a few examples. Vs, say 497,000 minted 1861s.
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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