help with this coin please

Discussion in 'Coin Chat' started by jaimeapril, May 14, 2010.

  1. jaimeapril

    jaimeapril Junior Member

    I have had this coin looked at by varies "experts" and none of them can 100% I.D. it. Can anyone please HELP? Its a 1978 IKE dollar that has a blank reverse, A big cud on ike's neck, and is made of silver weighing 25grams. I have been told everything from, it might have been made by a mint worker and smuggled out. to it is a new found one of a kind error that needs to be sent to a auction house., and could be worth as much as $10,000. One expert said at first he thought it was conterfeit but wasn't sure because it was silver and that there has never been a report of a "faked" 1978 IKE. I have no clue what to think or do as I have no idea about coins. If anyone thinks they know anything about this coin please help.... the pics are terrible compared towhat the coin looks like. I am in the process of trying to scan new ones. Thanks
     

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  3. Mad.Outcast

    Mad.Outcast New Member

    for 1,not sure you can verify its silver.,if you flip it,it should ring like silver does.chances are it will not.2 it looks like an experiment by a person,but not a mint worker.looks like damage,but nothing more
     
  4. jaimeapril

    jaimeapril Junior Member

    it was tested for silver content by 3 seperate places and they all confirmed that it was silver. it has a reeded edge and the weight is the same as a 40% ike down to the 1/10th of a gram. Heritage auctions wanted me to send it to them but I'm not sure I want to mail it anywhere. thanks for looking and helping
     
  5. Mad.Outcast

    Mad.Outcast New Member

    what are those 3 places that tested it
     
  6. jaimeapril

    jaimeapril Junior Member

    two pawn shops, a jewler, and a coin dealer. The coin dealer offered me $250 for it and thats when I started looking in to what I had.
     
  7. Mad.Outcast

    Mad.Outcast New Member

    ok its not silver.its not an error,and it was made by someone doing freak experiments.until you have it verified by an actual professional,at a lab.it is nothing.and silver never ever turns that color.it is nothing
    i hate to break the bad news to you
     
  8. CheetahCats

    CheetahCats Colonial & Early American

    And if that was me, I would've scooped up the cash and hauled a** outta there before the dealer had any inkling to change his mind...

    I concur with Mad.Outcast.
     
  9. LostDutchman

    LostDutchman Under Staffed & Overly Motivated Supporter

    Looks like it could have been someone messing around with casting.... I'm not sure if it's not a counterfeit.
     
  10. CheetahCats

    CheetahCats Colonial & Early American

    Kindly, IMO it's not worth $1, let alone $250.
     
  11. Mad.Outcast

    Mad.Outcast New Member

    you can also see where someone scored it to check it for silver on the obverse at the rim,but somehow it "toned" over the score mark.its a bogie,so can you tell us where you got it?
     
  12. CheetahCats

    CheetahCats Colonial & Early American

    It appears to be clad. And beat-up at that.
     

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  13. Mad.Outcast

    Mad.Outcast New Member

  14. Dimefreak

    Dimefreak Senior Member

    looks like steel
     
  15. jaimeapril

    jaimeapril Junior Member

    alright, alright, I'll scan pics tomorrow. the pics were takin with a camera phone in poor light. It really is very silver in color. I will also take one of the reed edge which shows no sign of clad. It weighs 24.590 grams. It was included in a coin collection bought at an auction of an ex senator in 1983. the whole lot was labeled unsearched / with pictures. I can assure you it is at least a chunk of silver if nothing else. It has been confirmed by a reputable jewler. ( I can't say about the coin dealer or 2 pawn shops but they all 3 tested and confirmed) thanks for the feedback
     
  16. Mad.Outcast

    Mad.Outcast New Member

    how did it get tested.it shows no signs of silver testing? that havent been "toned" over
     
  17. CheetahCats

    CheetahCats Colonial & Early American

    First, I'm no Eisenhower expert, but my Red Book lists no 1978 specimens that were silver clad.

    Secondly, there's only one way that I know of that one can test to best surmise (but not guarantee) the composition of a specimen without using x-ray spectroscopy, and without damaging it...

    And it doesn't involve using Scott toilet paper in this case, given the visible "patina" on this specimen... ;)
     
  18. jaimeapril

    jaimeapril Junior Member

    the jewler used a nitric acid test. Look..I'm not trying to convince anyone that this is real.. As I said in the begining I was just wondering if anyone had seen anything like this before. I could care less if it is worth anything or not I was just curious as to what it is. I'm not going to go back and forth about the silver issue. If thats all the info anyone has on it than thanks for your time and I'll send it to pcgs. thanks for looking
     
  19. CheetahCats

    CheetahCats Colonial & Early American

    You're welcome. :thumb:
     
  20. foundinrolls

    foundinrolls Roll Searching Enthusiast

    Hi,

    I don't want to sound cruel or burst any bubbles but it is nothing of value. This is a very damaged insert from something known as a Magician's coin.

    Two coins are used, one is hollowed out and is called a shell. The other part is called the insert. They create double headed coins for use as a novelty or for a magic trick. An "expert" should have been able to identify this in under 10 seconds.

    Do a search for "double sided Eisenhower dollar" to see what I am talking about.

    It has no value as a collectible.

    Sorry,

    Bill
     
  21. BR549

    BR549 Junior Member

    Bingo...good call foundinrolls.
     
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