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Contemporary Counterfeit 1885 Seated Liberty Dime
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<p>[QUOTE="Hobo, post: 937434, member: 11521"]This week at ANA Summer Seminar I took the 'Detection of Counterfeit and Altered US Coins' course. (This is the second time I have taken this course.) The first day of the course a 16-year-old boy in the class showed a Seated Liberty dime to another student and asked him if it looked OK. He had bought it from a dealer because he didn't have a Seated dime and liked it. (The dealer sold it as a low grade, genuine coin.) The other student told him it looked fake. By the end of the course I think the kid knew how to easily spot a fake like this. I ended up buying the coin from him (at a substantial profit to him) to add to my collection.</p><p> </p><p>The coin is a contemporary counterfeit of an 1885 Seated Liberty dime and was intended to circulate. The counterfeiter made the dime so he could spend it and make a profit. It cost him a lot less than 10 cents to make the dime because it has no silver in it. The counterfeiter was probably able to pass off the counterfeit by mixing it in with other coins so it would not get scrutinized by the recipient. </p><p> </p><p>The dime is the correct diameter but weighs only 2.22 grams; a genuine coin should weigh 2.50 grams. </p><p> </p><p>Note the lack of detail in all areas of the coin, both obverse and reverse. The first two letters of UNITED are are lost and the 1 in the date is very weak. There are several repeating depressions. Note the huge raised lump of metal on the obverse between Liberty's elbow and knee. Also note the HUGE tool marks crossing the reverse fields. </p><p> </p><p>Enjoy![/QUOTE]</p><p><br /></p>
[QUOTE="Hobo, post: 937434, member: 11521"]This week at ANA Summer Seminar I took the 'Detection of Counterfeit and Altered US Coins' course. (This is the second time I have taken this course.) The first day of the course a 16-year-old boy in the class showed a Seated Liberty dime to another student and asked him if it looked OK. He had bought it from a dealer because he didn't have a Seated dime and liked it. (The dealer sold it as a low grade, genuine coin.) The other student told him it looked fake. By the end of the course I think the kid knew how to easily spot a fake like this. I ended up buying the coin from him (at a substantial profit to him) to add to my collection. The coin is a contemporary counterfeit of an 1885 Seated Liberty dime and was intended to circulate. The counterfeiter made the dime so he could spend it and make a profit. It cost him a lot less than 10 cents to make the dime because it has no silver in it. The counterfeiter was probably able to pass off the counterfeit by mixing it in with other coins so it would not get scrutinized by the recipient. The dime is the correct diameter but weighs only 2.22 grams; a genuine coin should weigh 2.50 grams. Note the lack of detail in all areas of the coin, both obverse and reverse. The first two letters of UNITED are are lost and the 1 in the date is very weak. There are several repeating depressions. Note the huge raised lump of metal on the obverse between Liberty's elbow and knee. Also note the HUGE tool marks crossing the reverse fields. Enjoy![/QUOTE]
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Contemporary Counterfeit 1885 Seated Liberty Dime
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