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Hi, I believe the 'spike' referred to is definitely a scratch on the coin. It's commonplace to discover a little area where the denticles are somewhat weak, I think from the dies getting marginally outside of alignment ( merely a guess).
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On fakes intended to glance circulated (or that really did circulate) the remaining luster within the devices seems to be much too coarse, almost like fantastic sand. You would have to provide the coin in hand to spot this, Normally.
In general, the rim of the Trade dollar is rather flat and of the uniform width- generally no broader than a dentil is very long (measured together the radius on the coin.) Coins with Body fat or puffy wanting rims are suspect. The dentils are extremely uniform and evenly spaced, about the only variability they have got is often they'll seem like flippantly struck on a little area on the coin.
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Show A: in my view, a real 1876-cc DDR. Ordered (cherrypicked!) from a well-known eBay vendor who has a lot of trade dollars, generally "blast white." I've examined it minutely; the only thing somewhat questionable may be the flippantly struck dentils in a few spots, but even Those people are the ideal length. Interestingly,forgers obtained their arms on an 1876-DDR and produced a transfer die from it some time in the past, so a fair amount of these that turn up raw are, in fact, fakes! The fakes almost constantly Use a number of three depressions powering the eagle's head (mine will not).