By Jack Riley
Another group of counterfeit Peace Dollars has surfaced. During my routine browsing of various Facebook groups and online marketplaces, I frequently encounter counterfeit examples of various series. In one of the larger groups, a 1928 Peace Dollar was shared with many commenters claiming this to be genuine and stating it “should be certified”. At first glance the overall appearance is that of many modern cast counterfeits. This prompted me to investigate further.
Several weeks ago, I was contacted by my colleague Dave Jordan, regarding a counterfeit 1928 Peace Dollar we had the opportunity to examine. At the time, I hadn’t documented this particular counterfeit. The recent example of another specimen, however, suggests that there are additional pieces in the market.
Upon comparison,it became evident that both examples originated from the same counterfeit family , which I refer to as the “Dotted Rays.” Several repeating marks are consistently present on the reverse, highlighted in green for reference :
- Two dent in the ray below A of Dollar
- Diagonal slash through C of Peace
- Depression in U of UNUM
This wouldn’t be a “family” with just one date. Following the search yielded at least 2 additional dates (1922 and 1927). Both of which share the “Dotted Rays reverse.”
I recognize that examining these markers in detail can be challenging. To assist readers, I have prepared a collage of close-up images highlighting the key diagnostics.
I share the news about these counterfeit dollars because you can lose many dollars bidding and buying them, only to find out later that you have been scammed.
In Proxiblog’s recent article about bidding online, titled “Bidding Basics,” we recommend working only with trusted sellers, especially on eBay, making sure you can return your purchases.
If you like posts like this, you can read more articles on counterfeit coins by Jack D. Young, Jack Riley and Michael Bugeja at this URL. Also, please subscribe so you can get our weekly newsletter and be informed whenever there is a new article or column.
Proxiblog also has thousands of followers on Facebook Coin Groups, YouTube and other venues. To get the latest discussion and commentary, be sure to friend us by clicking here.
You can find more information about errors and varieties as well as buying and bidding on coins in Coin News Updated: The Essential Guide to Online Bidding. Please consider purchasing the work for yourself or a friend, as it underwrites this hobbyist website. Thank you.
