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A few weeks ago, JM Bullion shared info with ours customers and followers about the flood of American silver Eagle counterfeit coins. The Numismatic Guaranty copy, group (NGC) freshly reported a brand-new Morgan silver- Dollar fake, i m sorry is worrying for two reasons. First, the brand-new fake represents a first-time usage of the certain date and also mint note combination. Second, and also of better concern, the marks yet one more fake Morgan silver Dollar exploration in a two-year period.

2014 Morgan silver Dollar Fake

Let’s go back in time 2 years before we look in ~ the latest counterfeit Morgan silver Dollar. The NGC spotted a very well-designed counterfeit Morgan silver- Dollar in a collection of the coins submitted for grading. There is no a significant depth of knowledge on the coins, the defect in this specific counterfeit might easily pass as a genuine dollar.

The NGC identified the 1893-O Morgan silver Dollar, struck in ~ the brand-new Orleans Mint, as a well-made die that to be struck v precision, save one flaw. The wrong turning back hub kind was provided on this certain coin. Morgan silver- Dollars made between 1879 and 1899 through a hub the left a small gap between the eagle’s neck ~ above the reverse and also its right-facing wing. The 1893-O Morgan silver- Dollar counterfeit had a broad gap.

Recent Morgan silver Dollar Fake

The troubling part of this latest discovery by the NGC is the truth that it represents a formerly unreported contemporary counterfeit of the Morgan silver Dollar, the 1894-O. This specific 1894-O Morgan silver Dollar had actually the exact same reverse hub flaw together the 2014 discovery, with both special a hub type that wasn’t in usage at the new Orleans Mint till 1901.

This brand-new counterfeit likewise featured a reverse die flaw offered previously top top the 1893-O counterfeit, and also the 1896-O and also 1900-O Morgan silver- Dollar counterfeits. In this case, over there is likewise an obverse marker that gives this Morgan silver Dollar away as a counterfeit. A flaw was spotted next to the fifth star ~ above the left that the date mark. Aside from that, the coin had a granular texture and lacked sharpness despite its well-circulated appearance.

Analysis that the steel content proved the coin had a .918 silver- fineness, above the united state Mint standards for a silver- circulation coin the the age. V Morgan silver- Dollars as renowned as ever, counterfeiters space trying to cash in with progressed forgeries. So, how deserve to you clues a fake Morgan silver- Dollar?

Step 1: read Up on recognized Forgeries

The NGC and also others preserve a perform of known Morgan silver- Dollar forgeries that have actually come along. Brand-new Orleans Mint Morgan silver- Dollar coins indigenous the 1890s room semi-key day pieces, an interpretation they are reasonably hard to come through in the greater series of Morgan silver- Dollars. So, as a starting point, if she noticing a wide selection of Morgans in this date selection with the brand-new Orleans Mint “O” mint mark, that should be your first clue the a forgery can be because that sale.

The NGC cites the VAM referral as a good starting suggest to review up on recognized forgeries. The complying with coins are contained in the VAM reference:

1893-O1894-O1896-O1900-O1901-O1902-O

Step 2: check for typical Flaws

There are countless signs that a fake Morgan silver Dollar. Among the most commonly spotted room the following:

Poorly struck numbers in the date. Frequently the result of different fonts between the original coins and also counterfeit coins.Poorly to adjust mint marks. The NGC and others have spotted fake Morgans through mint marks, such together the “O” that the brand-new Orleans Mint, that are crooked or win on a slant.Poorly struck letter on the reverse. One of the most typical are the misshapen letter “RIB” in the phrase “E Pluribus Unum.”

Step 3: know Your Morgan silver- Dollar Minting History

The Carson City Mint and the Denver Mint are frequently given credit transaction by counterfeiters for Morgan silver- Dollars they never struck in the first place. Morgans have surfaced ~ above the web in current years that function a “D” mint mark. While this isn’t an immediate sign that a counterfeit, it is if the “D” mint note is top top a coin whose date of worry is any year various other than 1921. The final, restricted striking the the Morgan silver Dollar in 1921 marked the only time the “D” mint mark showed up on the coins as the Denver Mint opened in 1906, 2 years ~ the initial production cycle (1878-1904).

Another generally used not correct mint mark by forgers is the Carson City “CC” mark. Because that example, 1895-CC coins are common counterfeits, and easily identified because of this because there were no Morgans win in Carson City the year. Other incorrect mint mark and date combinations incorporate the 1887-CC, 1888-CC, 1902-CC, and the 1878-O (Morgans not at new Orleans yet).

Step 4: inspect the Specs

All Morgan silver- Dollar coins were initially struck by the United claims Mint v .900 silver- content and also .10 copper. The piece measure 38.1 millimeter in diameter and also weighed 26.73 grams. Ahead counterfeit Morgan silver Dollars have been figured out with wrong weights. In plenty of cases, they less than fifty percent the load of a true Morgan silver- Dollar. If you already have a Morgan silver- Dollar and believe it might be fake, litter it ~ above a scale. Remember, it have to weigh 412.5 grains, or 26.73 grams.

Step 5: occasionally Too an excellent to it is in True is simply That

If you’ve seen any kind of Morgan silver Dollars obtainable in digital auctions through a price that is too good to be true, the odds room high that is precisely the case. Counterfeiters, hoping to prevent detection, will sell Morgans at low prices online and then disappear as a seller, regularly deleting the account provided for the transaction.

Why is the Morgan silver Dollar so Popular?

As v so many other historic coins from the United claims Mint, the Morgan silver- Dollar is renowned both for its age and also beauty, but likewise its rarity. Favor America’s gold coins throughout the great Depression, the Morgan silver Dollar was component of a roundup by the Treasury Department.

As Govmint.com notes, the 1918 Pittman Act required the government to replenish its silver bullion stores by melting under all Morgan silver Dollars stored in Treasury vaults. At this suggest in American history, all silver- dollar coins had actually largely been changed by record money, v a few exceptions present in the American West where human being still preferred silver coins. The federal government melted under some 270 million Morgan silver Dollars, a figure that to be roughly half the entire mintage native 1878 come 1904.

See more: What Does Rt Mean In Text Mean? What Does Rt Mean In Slang

Today, the Morgan silver- Dollar remains highly sought after. As long as the continues, counterfeiters will certainly be working hard to make a buck.