Obviously, I'm not a photographer so stand on your head. Anyway, how is this for a contemporary counterfeit?
Then it would be a novelty not intended to pass as a dime. This piece is 17.8 mm (OK) and 2.32 grams (heavy but still in tolerance).
Maybe it was faked in another country, one whose exchange rate made it worthwhile. In Zimbabwe when the US dollar was worth hundreds of millions of Z$, maybe it would be worth making fake dimes? And after they stopped making Z$ and started using US $ and SA rands they had a severe shortage of small change. Fake US coins would fill that void. I don't really believe that is why this exists, just a possibility thrown out that could justify it.
My website now hosts an article on shield nickel contemporary counterfeit die marriages. http://www.shieldnickels.net/articles/Counterfeits/ContemporaryCounterfeits.pdf Many of the die marriages are mix and match variants of other marriages, pointing to families of these being the work of a single counterfeiter.
> Have you seen if your nickel is in Fletcher's guide? Appears to be a combination of two different dies that appear in Fletcher: F#6, F#4 for the reverse. It is not uncommon to find mix and match dies with counterfeits, pointing to the work of a single counterfeiter producing them. This one is (I think) catalogued in SNV as S1-9000. The obverse may have been slightly reworked.
A new contemporary counterfeit Morgan has recently been discovered... With an S mint mark!! http://www.vamworld.com/1900-S+VAM-24