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Counterfeit Coin Detection: 1915-S Panama-Pacific Half Dollar

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CCFPress's Avatar
United States
1420 Posts
 Posted 10/21/2022  4:44 pm Show Profile   Bookmark this topic Add CCFPress to your friends list Get a Link to this Message Number of Subscribers
NGC - The legend and eagle are giveaways that this is a cleverly made fake.

The coins struck for the 1915 Panama-Pacific International Exposition continue to capture the interest of classic commemorative collectors. Notably, the gold $50 pieces, which were produced in round and octagonal versions, sell for tens of thousands of dollars when they are offered at auction.

U.S. commemorative coinage was young and infrequently issued at the time of the Panama-Pacific Exposition, which was held to celebrate the completion of the Panama Canal and the revival of the event's host city, San Francisco, following a devastating earthquake in 1906. Coins for the exposition were also struck at the San Francisco Mint in gold $2 1/2, gold dollar, and silver half-dollar denominations, each with its own design. Today, the half dollar can be found in About Uncirculated condition for a few hundred dollars.

Recently, Numismatic Guaranty Company (NGC) received a purported example of a Panama-Pacific half dollar. The coin's weight is correct, but a closer inspection reveals multiple problems that identify it as a fake.

Counterfeit-Coin-Detection:-1915-S-Panama-Pacific-Half-Dollar
Counterfeit-Coin-Detection:-1915-S-Panama-Pacific-Half-Dollar
The genuine 1915-S Panama-Pacific Half Dollar (top) and its spurious counterpart (bottom).

Overall, the surfaces appear odd, and a yellow tinge is evident on the high points of the design—a common trait of counterfeits. The letters in the inscription appear fat, bulbous, and rounded, which is especially noticeable at the end of the word EXPOSITION. Also, a closer look at the field and the eagle's wings on the reverse reveals a strange, mottled texture. (If the eagle looks familiar, it's because the reverse was designed by U.S. Mint Chief Engraver George T. Morgan, and it echoes the one found on his namesake Morgan dollar.)

A metallurgical analysis reveals this coin is mostly copper and zinc, rather than the expected 90-percent silver. This alone proves that this coin is a counterfeit.

Counterfeit-Coin-Detection:-1915-S-Panama-Pacific-Half-Dollar Counterfeit-Coin-Detection:-1915-S-Panama-Pacific-Half-Dollar
In addition to rounded lettering, this counterfeit has an irregular texture on the wings and field.

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Check out 1915-S Panama-Pacific Half Dollars on ebay.
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Coinfrog's Avatar
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 Posted 10/21/2022  6:04 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Still, kinda scary.
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Earle42's Avatar
United States
10034 Posts
 Posted 10/21/2022  6:36 pm  Show Profile   Bookmark this reply Add Earle42 to your friends list Get a Link to this Reply
I doubt there is a single collectable coin that has not been counterfeited. Sad to see our history cheapened like this.
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macmercury's Avatar
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5823 Posts
 Posted 10/21/2022  7:51 pm  Show Profile   Bookmark this reply Add macmercury to your friends list Get a Link to this Reply
I noticed more Pan Pac dollar selling on the bay, these are quite the like these fake, and is pretty scary like frog said.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 10/22/2022  05:35 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
As part of everyone's early post birth development, we are very adept to recognize faces, as part of our survival. Common with most mammals.

In relation to Counterfeit Detection, look closely at Lib's face.
The differences between genuine and counterfeit are obvious.
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nickelsearcher's Avatar
United States
15395 Posts
 Posted 10/22/2022  06:09 am  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
Another clue is that every MS genuine example that I've seen has a toning ring circling through the legends on both obverse and reverse. It's obviously apparent on the genuine example shown here.

There was a discussion a while back on the cause for this ring - I simply can't remember the details.

While this is not a definitive sigh of authenticity - it's definitely an easy clue to look for.
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wallyb's Avatar
Canada
557 Posts
 Posted 10/22/2022  5:34 pm  Show Profile   Bookmark this reply Add wallyb to your friends list Get a Link to this Reply
Excellent point Sel691. The facial detail is difficult to fake.
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