The Coin Look - Counterfeit Detection - 1894-P Morgan DollarWhen counterfeits exist of this piece, it is often done by removing the mintmark from an 1894-O or 1894-S Morgan Dollar.
As with the 1893-S Morgan Dollar, there is a die scratch to look for. There was only one reverse die used, which makes things nice for authentication.
As you will see below, there is a die-scratch that results in a "Y" shape. This is in a well protected area, so even in low grades, it is usually able to be seen.