This weekend, a young local man in the Philippines sold me this coin on the street he said his dad recovered, presumably diving or treasure hunting. I passed on a couple Morgans he also had since I know what those are worth and they are kind boring. I paid less than the probable silver value. I do not buy numismatics usually -- I stick to bullion -- but I thought it would be fun to see what the story is with this. Little did I know it is both the most counterfeited and in genuine form, one of the rarest coins. Looking at other replicas, it seems to be of better quality than most and comparable in many ways to the known originals on wikipedia. To my untrained eye, it falls a little short on the stars (smaller), the nose (not quite as finely shaped) and the olive branch. (leaves not quite perfect) Still better than the other replicas online. I will take it by one of my dealers to check the metal content but does anyone know if this has any collectable value?
That is a fairly poorly produced, modern counterfeit with little or no silver in it at all. It has no collector value.
Agreed. Obvious modern counterfeit. Hopefully pay too much for it. It does make for an interesting souvenir.
Cool, thanks guys! I paid less than $15 ... I guess for the entertainment of it. I never would have looked into this whole world if I hadn't bought it. Pretty neat. Still will use the little x-ray next time I buy bullion to see what the composition is.
