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<p>[QUOTE=&quot;Bob Evancho, post: 7679949, member: 84595&quot;]One of the first things I do is an XRay analysis of the metal content of any rarer or valuable US coin.&nbsp; Then I check the weight and diameter of the coin.&nbsp; Then I check the die characteristics of a genuine coin of that date or mint mark.&nbsp; Everything has to match to be genuine.&nbsp; At the present time the op&#039;s coin matches the diameter and weight.&nbsp; Enlarging the pictures gives an indication the die characteristics are correct for genuine.&nbsp; I find that most dealers do not do an xRay analysis, the machine is $25,000 or more.&nbsp; I also find that most dealers don&#039;t have books or check the internet on die characteristics of genuine coins.&nbsp; VAMworld.com is very good for Morgan and Peace dollars.&nbsp; There are thousands if not millions of counterfeit coins on the market.&nbsp; Nobody is perfect either.&nbsp; Just ask PCGS about the 1896, 1900 or 1902 micro o coins.&nbsp; When in doubt, send it out but remember everyone makes mistakes.&nbsp; Gold is at $1857 per ounce now.&nbsp; Gold value is $224.58 for the $2.50 Indian.&nbsp; If it tests gold, just buy it for it&#039;s gold content until you can make other tests to determine authenticity.[/QUOTE]</p><p><br /></p>

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