Why I’m Sick of Fake Coin Scams and How to Protect Your Collection
July 3, 2025My Adventure with Die Chips on Georgia Quarters
July 3, 2025Looking through my graded coins one evening, I spotted something odd on my 1911 $5 Indian Half Eagle—a faint smudge near the arrow tips that almost looked like a “D” mint mark. That familiar collector’s adrenaline hit, but I knew better than to get carried away. Here’s what happened, what I learned, and how you might handle similar finds in your own collection.
What Caught My Eye
As I studied the obverse under my loupe, right where the arrows meet the rim, I kept catching glimpses of what seemed like a ghostly “D” in certain lights. It wasn’t crisp like a normal mint mark—more like a shadow that came and went when I tilted the coin. That got me wondering: had I stumbled on an unknown variety, or was my mind playing tricks?
Wisdom from Fellow Collectors
When I showed it to some trusted collector friends, their reactions taught me plenty:
- Seasoned folks reminded me that even weak mint marks—like those on 1911-D Quarter Eagles—are usually obvious at a glance. If you’re twisting the coin under a lamp to spot it, chances are it’s not the real deal.
- Several mentioned pareidolia (that quirk where we see faces in clouds or shapes in marble). That “D” I saw? Under different lighting, it could pass for an “8,” random marks, or just toning patterns.
- We compared it to confirmed Denver mint examples. Real mint marks sit in precise spots—this didn’t line up right, making us suspect it was likely post-mint damage or a surface quirk.
Handling Curious Finds
If you spot something unusual on one of your coins, here’s what I’d suggest:
- Snap Detailed Photos: Get clear shots from multiple angles and lighting setups. Mark the spot with a digital arrow so there’s no confusion when you show others.
- Get a Pro Opinion Fast: Save yourself the headache—send it straight to PCGS or NGC. Their experts see thousands of coins and can quickly tell if it’s noteworthy.
- Stay Grounded: While a new variety could mean big value, most “discoveries” turn out to be nothing. Focus on the coin’s overall grade first—odd marks rarely matter unless authenticated.
- Seek Skeptics: Show it to collectors who’ll give you straight talk. If they can’t see what you’re seeing, it might be time to rethink.
I shipped my Half Eagle off to NGC for answers. This whole experience reminded me why I love this hobby—the thrill of the chase is real, but it pays to keep your feet on the ground. I’ll share their verdict when it comes back. Either way, it’s another great story for the collecting journals!