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Thought I had a killer find! But its counterfeit :-(

DrDetector

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Thought I had a killer find! But it's counterfeit :-(

I was at a park earlier Saturday and was walking down a dirt road. We have had a lot of rain here lately and there was still a lot of standing water. I noticed a puddle a few inches deep in the dirt road and saw a silver-colored rim somewhat visible at the bottom. I thought it was a piece of trash like a wrapper and bent down to pick it up. When I did, I noticed it was a coin, and a large one! It was dirty, as if the recent rain had just uncovered it. I rinsed it off in the puddle and to my surprise this is what was looking back at me!

picture977.jpg


As I flipped the coin over to check the reverse, I noticed that the coin was not oriented the correct way that U.S. coins typically are, in other words, when I flipped it over the reverse was upside down. It was oriented in the same way a medal or token usually is. Also the coin felt slightly light to the touch, but it sounded like silver and appeared to me at the time to be silver. Here is the reverse:

picture978.jpg


I called up my hunting buddy Halfdime and I stopped by his house (where I met the lovely Mrs. Halfdime and the Halfdime Pup)! We took it to a loupe and determined that it was a modern counterfeit. It only rang as a +79-80 on the XLT while a true silver dollar would be at least 90-91. I got it home and it weighs roughly 16.5 grams rather than the 26.5 grams that one of my 'test' Morgans weighed. That confirms it to me. Oh well, still a nice looking fake!
 
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Re: Thought I had a killer find! But it's counterfeit :-(

I would still card it and put it with the rest! A find is a find. :icon_thumleft:
 
Re: Thought I had a killer find! But it's counterfeit :-(

There I was, minding my own business, when I heard my cell ringing downstairs. Mrs. halfdime was closer, so she picked up and then handed me the phone when I got down. Sure enough, the Dr was on the line breathlessly describing his find. Knowing that my house was relatively convenient to his return route home, I asked him to drop by with it. His first description of an 1840 Seated Liberty dollar made me think "Banner!" Then he mentioned the orientation of the reverse and things began to sound fishy. Still, I hoped for his sake that the Dr had found a genuine piece of American history. Ultimately, I'm guessing he found a piece of contemporary Chinese heartbreak; we pulled out several Seated coins when he got here and sure enough, none of them matched the reverse orientation of this find. It also felt too light against a Morgan that was close at hand. It did have the sweet resonance of silver, though, and we were both curious about its metal content. Then I remembered a similar post a few months back (the good old days, when I had both time to detect and even visit TNet!) about a similar find. The overwhelming conclusion to that story, I believe, was that it was a Chinese ripoff. I wonder if anyone is truly being duped by these things; an unscrupulous person could package one of these things up and a clueless one just might want to buy it. Still, it was exciting to think for a brief time that the Dr had struck it big!
 
Re: Thought I had a killer find! But it's counterfeit :-(

well u know what, fake or not, I think it is an awesome find! Very cool coin to have and I'd be glad to have it.
 
Re: Thought I had a killer find! But it's counterfeit :-(

There is a lot of fake ones being sold on Ebay so you have to be careful. But still a very nice fine....Matt
 
Re: Thought I had a killer find! But it's counterfeit :-(

I would recommend taking it to a local coin dealer to get it weighed. There are cases of rotated dies (the reverse is not upside down). These can sometimes command a large premium.

It looks like a real one; if it is a fake it is an amazing replica.

I hope you are wrong!

Neil
 
Re: Thought I had a killer find! But it's counterfeit :-(

Neil in West Jersey said:
I would recommend taking it to a local coin dealer to get it weighed. There are cases of rotated dies (the reverse is not upside down). These can sometimes command a large premium.

It looks like a real one; if it is a fake it is an amazing replica.

I hope you are wrong!

Neil

I agree with Neil, it would be great if it was a rotated die but the weight discrepency is almost 100% proof positive that it is a repro. Still makes a great conversation piece though.

HH Charlie
 
Re: Thought I had a killer find! But it's counterfeit :-(

It looks real to me. I have never seen a counterfeit pass the ring test. The weight is the killer.
That is a fine find regardless.
 
Re: Thought I had a killer find! But it's counterfeit :-(

cool find i like e :thumbsup:
 
Re: Thought I had a killer find! But it's counterfeit :-(

Its still a interesting find.
 
Re: Thought I had a killer find! But it's counterfeit :-(

Sorry bud,

You'll get a real one someday!

Eric
 
Re: Thought I had a killer find! But it's counterfeit :-(

Real or fake, still a great find.

Even better if it is fake, how many MDers have found counterfit coins?

Ray S
 
Re: Thought I had a killer find! But it's counterfeit :-(

Have you tried a Magnet on the coin yet? that is the true tell all..if it sticks there will be no possible way it is real... I have a theory ..hope someone can answer it.. Could it be possible that the coin is counterfeit,but was made in the 1800's?
 
Re: Thought I had a killer find! But it's counterfeit :-(

creeper71 said:
Have you tried a Magnet on the coin yet? that is the true tell all..if it sticks there will be no possible way it is real... I have a theory ..hope someone can answer it.. Could it be possible that the coin is counterfeit,but was made in the 1800's?


Probably only possible if made in silver to cheat the weight. But if the coin the correct diameter and thickness, the light weight would indicate it being non silver and probably something that would not hold up that good.

I'm curious to see the answer for this one. So far, what I see doesn't make sense because a modern replica is usually not that good.
 
Re: Thought I had a killer find! But it's counterfeit :-(

Iron Patch said:
creeper71 said:
Have you tried a Magnet on the coin yet? that is the true tell all..if it sticks there will be no possible way it is real... I have a theory ..hope someone can answer it.. Could it be possible that the coin is counterfeit,but was made in the 1800's?


Probably only possible if made in silver to cheat the weight. But if the coin the correct diameter and thickness, the light weight would indicate it being non silver and probably something that would not hold up that good.

I'm curious to see the answer for this one. So far, what I see doesn't make sense because a modern replica is usually not that good.
Yeah I know Iron, Maybe he should get mag glass an look for bubbles in the creases...what do you think?
 
Re: Thought I had a killer find! But it's counterfeit :-(

creeper71 said:
Iron Patch said:
creeper71 said:
Have you tried a Magnet on the coin yet? that is the true tell all..if it sticks there will be no possible way it is real... I have a theory ..hope someone can answer it.. Could it be possible that the coin is counterfeit,but was made in the 1800's?


Probably only possible if made in silver to cheat the weight. But if the coin the correct diameter and thickness, the light weight would indicate it being non silver and probably something that would not hold up that good.

I'm curious to see the answer for this one. So far, what I see doesn't make sense because a modern replica is usually not that good.
Yeah I know Iron, Maybe he should get mag glass an look for bubbles in the creases...what do you think?


I think if it's the right size the light weight proves it's a modern fake. Would nice to be wrong!
 
Re: Thought I had a killer find! But it's counterfeit :-(

The coin does not stick to a magnet, I was researching it last night and found that sometimes they are made with a composition of 10% silver and 90% junk metal, which gives it the silvery ring to it.
 
Re: Thought I had a killer find! But it's counterfeit :-(

i have a box full of these fakes from china......i sent one in for grading just to be sure.....Yep it it was fake..
I was told by a coin dealer that basically all you have to do is weigh the coin and if the weight is off then it is a fake or repo....he said even with bad wear on a coin it should weigh in at or close to the weight listed in the coin books..
My fakes are almost a whole ounce different!!!!!And when you hold them they feel lighter than an actual silver coin.......
 
Re: Thought I had a killer find! But it's counterfeit :-(

its still a way cool find !
 

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