No opinion on grade. The reverse is interesting. Note the severed leaves on the left wreath.

This may be
the C3c reverse that is being studied (see the second coin, reverse photo). It may also be a later die state of
1882 VAM-39.
Or it may be something else. The reverse also matches the known 1882 counterfeit in The Black Cabinet,
CF-S$1-1882-001.
EDIT: The 1882 counterfeit is troubling. It has high silver content, and will pass an Eddy Current Slide test and is within tolerance on weight. It fails an XRF test. It's surprisingly close on a specific gravity test. It's close on the ping test, but will be in the right octave, but three or four tones low if measured digitally on an FFT Plot (Fast Fourier Transform) meter. For reasons unknown, our friends across the Pacific used significant silver in this particular counterfeit. Test drive, maybe? Along with the VAM-correct 1899-O counterfeit, it is one of the most deceptive common date counterfeits.
Edited by fortcollins
09/18/2021 3:01 pm