How to tell Morgan dollars from cast fakes apart?

Discussion in 'Coin Chat' started by xGAJx, May 19, 2014.

  1. xGAJx

    xGAJx Happy

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  3. GDJMSP

    GDJMSP Numismatist Moderator

    Look a little closer at the full size image - http://www.cointalk.com/attachments/1892-s-morgan-2-007-jpg.331262/

    See how the edges of the letters are soft, mushy, and not clear, sharp and distinct ? Same thing for the design itself. Then look at all the little bumps all over the place, kind of like tiny grains of sand in the metal. Then look at the hole between the stars about 8 o'clock. See how along the edges it kind of falls off into the hole ?

    Well all of these things, any one of them by itself really, is a sure sign the coin is a fake. The hole is easy to see, the bumps are easy to see, the mushiness, well that takes a certain level of experience to readily see it. But if you look at a genuine coin side by side with a mushy cast fake (and most of them are), the difference almost jumps out at you. In time you get the point where you see it right away without having to compare coins.

    Now for the struck fakes I posted pics of, that's a different story. They are often the right weight and the right fineness of silver. They are struck coins so they will have luster, which cast fakes do not. At first glance, often even a close exam, they will look genuine in every way. They are not always easy to see and one must be very familiar with the coins (meaning genuine coins) to notice a struck fake when you see one. There are diagnostics that you use to identify genuine coins, and fakes, and you have to know those diagnostics to tell one from the other. And the diagnostics of genuine coins are different for each die pair from each date, and each mint. So there is a lot to know.

    There are also diagnostics for each set of fakes, each of their die pairs is unique too. And once you learn those then they can be used to identify a fake.

    Now look at that picture of the dies I posted, there's a lot of dies there, lots of different coins and different denominations, and from different countries. And that picture is just a tiny example of how many different dies they have. They have dies for virtually every coin ever made in the US. So take everything you have to know just to be able a fake for 1 single type of coin, and then multiply that by how many different types of US coins there have been over the past 200 plus years - and you begin to get an idea of just how much you need to know to identify a fake when you see one. It staggers the imagination !

    Virtually every collector there is has more than his share of fakes in his collection - and he doesn't even know it.
     
  4. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Especially when they insist on buying raw coins. One may not love TPGs, but at least the authenticity part is very rarely in question. Just no point in buying raw Morgans, unless one has expertise, and wants to put them in an album (what is the point of that--you will have 6-8 holes in the album, due to expensive dates). So, the moral of the story is trust the TPG in terms of authenticity,
     
  5. CamaroDMD

    CamaroDMD [Insert Clever Title]

    While I agree with what you are saying...they know that (the counterfeiters) and they are now making counterfeit slabs. So, one shouldn't blindly trust the slab, we must learn about slabs too...to make sure the slab is authentic.
     
  6. Morgandude11

    Morgandude11 As long as it's Silver, I'm listening

    Agreed. Slabs should be verified, as well as the coins.
     
  7. GDJMSP

    GDJMSP Numismatist Moderator

    Unfortunately there is only way to verify a slab is genuine, and running the cert number aint it. That doesn't prove anything.

    You have find or know someone who knows slabs well enough to tell you, and outside of the TPG itself, those folks are few and far between. And pictures of it are seldom good enough to tell.

    The answer ? Only buy from trusted and respected dealers.
     
  8. CamaroDMD

    CamaroDMD [Insert Clever Title]

    and that's the best possible advice there is.
     
    Morgandude11 likes this.
  9. GDJMSP

    GDJMSP Numismatist Moderator

    Been saying it for more years than I can remember. But it's like that horse to water idiom - the horse won't drink and they won't listen.
     
  10. quarter-back

    quarter-back Active Member

    I have tried to memorize as many of the VAMS as I can, and pay close attention to the kinds of markers that show up repeatedly. I figure that if I can ID a coin to VAM, it is unlikely to be a fake - not impossible, but unlikely. So, aside from the very low value coins, I only buy coins that have unique markers.
     
  11. CamaroDMD

    CamaroDMD [Insert Clever Title]

    As many from my generation like to say..."tru dat."
     
  12. GDJMSP

    GDJMSP Numismatist Moderator

    The problem with that is the dies are almost always copied from genuine coins. So if a mark (diagnostic) is on the genuine coin, it's going to be on the fake too.

    What you have to identify are marks (diagnostics) not found on genuine coins.
     
  13. quarter-back

    quarter-back Active Member

    The following is not arguing, just a request more info.:happy:

    Are the counterfeiters that good? I am talking about patterns of pitting, die polish scratches, reeding and minuscule die gouges. If they are good enough to copy those things and use planchets of the correct weight made from real coins, then what would be on fakes that is not on the real coins. I can't see them making coins that accurately copy even the tiniest die markers, but then also having other things that would ID the coin as a fake. About the only thing I can think of would multiple coins having exactly the same patterns of machine doubling or PMD.

    I use these markers for the same reason that people use the positions and details of mintmarks to verify coins like 09S VDB cents and 16D Mercury dimes. Are those types of diagnostics now worthless, too?
     
  14. medoraman

    medoraman Supporter! Supporter

    There are new machines that can copy the surfaces of coins, and replicate this into a die. Historically only cast coins, (since they are made from real coins), had the same markers, but had other evidence of being cast. Die struck fakes were made from fresh dies, so didn't have the same characteristics. However, there is now evidence of these new copy machines making dies from real coins, die characteristics and all. For evidence, there was an article a few months ago in the Numismatist documenting a coin with the correct die diagnostic for a certain date, but used on a different date. Luckily, the counterfeiter didn't want to make a new reverse die. However, that die used on the correct year will make a pretty convincing fake.

    Do I think there are some fakes out there good enough to get past TPG's? Yeah, most likely. Just look at the Omega forgeries in the 70's that may never have been caught if the guy hadn't gotten cocky and marked the dies.
     
  15. xGAJx

    xGAJx Happy

    thats what really scares me, the fakes out there that are unnoticeable and are being traded as legitimates.
     
  16. GDJMSP

    GDJMSP Numismatist Moderator

    You don't need any new machines Chris, spark erosion and electrotype methods have been around for many years and both copy every detail of a genuine coin. Electrotypes are better and they are one of the most difficult for even some experts to identify.

    There is only one recourse and it's the same one there's always been - only buy from trusted and respected dealers. That's it, period, end of story. Do anything else and you accept the risk for fakes.
     
  17. xGAJx

    xGAJx Happy

    the thing you don't realize, is these trusted dealers buy their stock from other people who are not so trusted, since they can produce these near-perfect electrotype copy's.
     
    risk_reward likes this.
  18. GDJMSP

    GDJMSP Numismatist Moderator

    And the thing you apparently don't realize is that a respected dealer has a life time guarantee, by law, on any coin he sells you that is fake. And he will always honor it.
     
  19. medoraman

    medoraman Supporter! Supporter

    I understand Doug, but those are one off's if I am not mistaken. I am referring to dies being made from real coins, then being used to strike near perfect reproductions by the thousands or tens of thousands.
     
  20. GDJMSP

    GDJMSP Numismatist Moderator

    Spark erosion and electrotypes are methods for making dies. Not single coins.
     
  21. quarter-back

    quarter-back Active Member

    That's the problem. If even the most knowledgeable collectors can be fooled, it doesn't make any difference how trusted the dealer is. For every story about a trusted dealer treating a customer right on a fake, I'd bet there is a story where the dealer never had the opportunity to do right because neither he nor the collector ever realized a coin (or slab for that matter) was fake. Unless you want to re-submit every coin you buy for re-slabbing you will never know for sure if the coin is real. Even then, you can't be sure that the TPG will get it right. Bottom line is that even dealing with a trusted dealer is useless if you never find out that the coin is a fake.
     
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