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Replies: 27 / Views: 4,045 |
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New Member
United States
11 Posts |
I have three 1924 Peace dollars that fail the resistance test on the Sigma Metalytics tester. As I understand, during the Gold and Silver ban old gold coins were counterfeit to import gold bullions in to the USA. The coins resistivity is 2.31μΩ-cm and above that would match the use of Sterling Silver planchettes. Is anyone aware of Counterfeit 1924 Peace dollars for the reason to import them during the ban or any other 1924 counterfeits? let my know if you have questions. Thanks, SJ Here are pictures of the coins:      
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Moderator
 United States
15420 Posts |
 to the CCF I don't see any obvious issues with the coin in the photos - but I suppose anything is possible.
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Bedrock of the Community
Australia
21786 Posts |
I agree with nickelsearcher.
Perhaps some more tests are needed.
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Bedrock of the Community
United States
94367 Posts |
  to the CCF!
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Pillar of the Community
United States
5825 Posts |
I believe Sterling Silver is .925 silver. Peace dollars are only .900 silver. Could that be why your readings are off?
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Bedrock of the Community
United States
12057 Posts |
They look completely normal to me. I am not familiar with the testing method you are describing.
XRF is the "gold standard" (pardon the pun) for metallurgical analysis of precious metal coins.
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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Pillar of the Community
 Canada
5394 Posts |
Nothing nefarious here . Look genuine .
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New Member
 United States
11 Posts |
good morning and thanks for the welcome and comments. I agree with the sentiment that these are good coins. Weight, size, and color are right on. "I believe Sterling Silver is .925 silver. Peace dollars are only .900 silver." kanga, that is correct, the resistivity for a 1900 to 1945 us silver coin 90% Ag and 10% Cu is in the range 1.9 to 2.1, and for Sterling Ag = 2.25 to 2.45. All three coins ring in at 2.31 and above. paralyse, the Sigma Metalyics testers, tests the resistance of the metal /alloys and the the company has compressive data set for different metals and alloys used in coin minting. If you want to learn more, youtube has good videos about it, search for "Signa Metalyics. LOL XRF gold standard, yes I agree and I am a tool gadget guy. However, my wife would divorce me if I spend $20K for a Niton gun. Again, thanks for the welcome and your comments (keep them coming), SJ
Edited by SJ Silber 03/11/2023 11:25 am
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New Member
 United States
11 Posts |
Here is a second idea, the 1924 Peace had almost a 12M mintage and the Mint use different metal / planchettes from different suppliers. The purity of the base metal and Cu alloy maybe off, still 90% Ag and 10 Cu.
Conclusion: when looking at a coin consider all the facts and asked others for their opinion and valuable input.
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Pillar of the Community
United States
4233 Posts |
Addressing part of your post - to my knowledge there was never a ban on owning silver, so there was no reason to fake and import these for that purpose. However, the price of silver bottomed out in the early 1930s to less than 30 cents an ounce, so you could triple your money making fake coins with real silver having $1 face value. Same was true throughout the early 1900s, when the fake "micro O" dollars were produced. https://www.PCGS.com/news/PCGS-anno...896-o-1900-oYours look 100% real to me though.
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Pillar of the Community
United States
4469 Posts |
There was a ban 1934 president act on owing bulk silver as it had to be turned into coinage.
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Pillar of the Community
United States
3848 Posts |
I am 95% sure the coin is genuine. If one test is barely off then I am sure the coin is just fine. Perhaps make sure the equipment is calibrated and test some other pieces with different percent silver contents.
Suffering from bust half fever. Want to learn how to attribute early half dollars by die variety? Click Here: http://goccf.com/t/434955Shoot me a PM if you are looking to sell bust halves.
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New Member
 United States
11 Posts |
Kbbpl, interesting article and the fact that counterfeiter went from lead to silver is quite something to make coins. There was the Silver Purchase Act of 1934 (FDR)
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Bedrock of the Community
United States
12057 Posts |
Quote: paralyse, the Sigma Metalyics testers, tests the resistance of the metal /alloys and the the company has compressive data set for different metals and alloys used in coin minting. If you want to learn more, youtube has good videos about it, search for "Signa Metalyics. LOL XRF gold standard, yes I agree and I am a tool gadget guy. However, my wife would divorce me if I spend $20K for a Niton gun. Learned something new today, I now know what a "Sigma tester" is! Thanks--P
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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New Member
 United States
11 Posts |
jacrispies, yes all checked out. Paralyse, you are welcome - it is a handy tool. For you gadget guys, I have attached three pictures: first is with the calibration piece, second is a 1923 Pease dollar that tests good, and third is one of the coins in question and as you can see it is way off to high side of the range for this time period.   
Edited by SJ Silber 03/11/2023 6:50 pm
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Bedrock of the Community
United States
36741 Posts |
No red flags I can see, looks genuine.
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Replies: 27 / Views: 4,045 |