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I. R. Bama's Blog

30 Jul 2020

1928 D Peace Dollar with Chop Mark??

| I. R. Bama

This is a 1928 D Peace Dollar that I am grading for a friend today along with a number of other of coins. As I considered the field of this coin I noticed some scratches on the obverse at about the four o'clock position. I looked at it under the 7x loupe, but wasn't satisfied with the magnification, so I got out the USB camera that is 6x magnification.
I haven't ever heard of a Peace Dollar with a chop mark. I tried to look that up on the internet, but came up empty. So I have two options to consider: Is it authentic or is it a faked chop mark?
Would love to hear you all weigh in...

Comments

I. R. Bama

Level 5

Sad end to this story folks..... I was so intrigued by the possibility of finding something unusual that I didn't get around to looking at the rest of the coin. So today I was going to grade it and was looking at the whole coin (LOL is there a lesson for me to learn here??). I was sickend to see across the field of the obverse opposite the graffiti I first identified "Clem" in a script written scratch. On the back I found some more etching on the breast of the Eagle that looked like saw teeth. It was sad to see one of our nations best examples of coinage to be treated that way. What would have been a solid VF example of a Peace dollar is probably only worth the melt.

Golfer

Level 5

Looks like someone scratched their name into the coin. Definately not chop marks. Would like to know what grade it would be assigned?

I. R. Bama

Level 5

Haven't graded it yet, I found it late in what I was doing and had to quit. I got caught up in researching on my own and then throwing it up there to see everyone thought. I'll get back to it and let you know. It won't grade all that high

Mokie

Level 5

There is not a chance that these are even faked chopmarks. As Gary pointed out, chops were punched into the coin much like you would punch a mintmark into a die in the old days. There were some minor U.S. coins that left China with chopmarks. it is believed this was coinage carried by crew members having a little liberty in a Chinese port and spending their halves or Morgan dollars. The primary purpose of the chop was to A. verify the silver content of the coin (the Chinese did not like dealing with Gold coins) and B. serving, by the chop, as a way of verifying to other merchants and consumers that Mr. Chang or Mr. Chow, or some other recognized money handler had verified the coin as good silver and should be valued by its weight and fineness and not its imprinted denomination, hope this helps clarify. If you want to see some authentic chops, to to this website: https://www.pinterest.com/martinj43142/chopmark-and-countermark-coins/

I don't think many Asian countries would have liked American currency at this time in history. Chop marks are "pristine in that they show exactly what these are meant to be. This just looks like some chicken scratch rather than a punched marking.

I. R. Bama

Level 5

Yeah I noticed the scratched aspect but not being familiar all that much I didn't know. I was pretty sure it wasn't authentically a chop mark because it wasn't a Trade Dollar, but much to learn of this aspect. The other thing was the era was off

Kepi

Level 6

I say scratch marks and or graffiti. Thanks for your blog! ; )

Longstrider

Level 6

Definitely graffiti, I would say without the coin in my hand. I've never seen chop marks in a Peace Dollar. Good luck.

coinsbygary

Level 5

I believe chopmarks are punched onto the coin and this looks as if the coin was scratched. Furthermore, if I'm correct, the trade dollar had more silver to compete with the trade coins of other nations. Our silver dollar was too light to be on par with the other world coins.

Mike B

Level 7

Chop marks are done very carefully. No matter what there on. These appear to be someone just scratching the coin. I don't recognize a language. . It looks like graffiti to me.. I have seen chop marks and haven't seen these. I have seen many Chop Marks from China. These don't look like anything I have ever seen.Maybe someone else can explain.I have never seen them on anything but trade dollars. Look them up in the red book.

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