The difference is huge! $3,787.85. This leads us to the Fourth Step, the step which I think is the most intriguing and brings out the “want-to-be” coin nerd or detective in each of us. Everything is in the same relief and letter and devices are in sharp contrast to the the planchet. The surfaces are very granular. Please call or email us to request a day and time. 1799 Draped Bust dollars are the most common in the popular Draped Bust dollar series. Then after reading what you said about fake coins, I KNEW it could not be real. I bought a 2003 Lady Liberty silver dollar at an estate sale. Just the overall sharpness is apparent. And China is not the only culprit.A good way of quickly identifying a fake is the get a precise weight in grams. If you have a genuine coin, see [THIS PAGE] for approximate values.In the US we have a law that says all replicas of collectibles must be identified with the word COPY. my 1795 flowing hair leaves me confused the coin has a embossed look , weighs around 20.17 grams? If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. Write a review. I guess I can call them ART….Ha! The Carson City Mint did not open its doors until 1870. &nbps; The fourth step is striking details on coins. At this point, I have tried to cover the most basic aspects that will hopefully help the individual collector or treasure seeker to protect themselves against fake coins. Your email address will not be published. I don’t know if it’s real or counterfeit. I would like to know what should I really do? &nbps; C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. I mean, come on, it does not even look like it could be real. [Opinions?] They came covered in “old grease an grime”, weighed in at 27 grams, ( scales don’t show grains) wondered about the cleaned spots. Your coin dated 1798 is a Spanish 1/2 Real (pronounced ray-ál) with the portrait of Carlos IV of Spain. So,here is the breakdown of dates for the most common counterfeits that are out there right now. I cannot expect someone who has not been associated with coins for any amount of time to understand the natural heft of weight that a real silver, gold, platinum or palladium coin has. Either these crooks are getting very very good at making fakes now. Thank you. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. The good thing is that crude fakes are as easy as hell to spot once you have seen a few. PCGS The Standard for the Rare Coin Industry. A fake 1796 silver dollar recently acquired by Emery is not only magnetic, but bears the Flowing Hair design used in only 1794 and 1795, before the Draped Bust obverse was introduced in 1798. A coin cannot exist if it was never made and we need to understand some basic things, with regards to our study sample here, in order to determine if any of the coins are counterfeit for the sole reason that the issue was never produced by the U.S. Mint. it has a very slight edge around the coin, reeded edge .. and many scratches on both sides of my coin , probally 20 or so scratches? So, if your supposed silver dollar does not stick to a magnet, you have won big time……uhhh, no. 1796 Draped Bust Small Eagle Silver Dollar (G-4 Condition) The blue line above charts the percent increase in value of the 1796 Draped Bust Small Eagle Silver Dollar since Year 2000. I can tell you that once you have felt it, it is a key characteristic to quickly rule a coin a counterfeit. Therefore it is impossible that any Seated Dollar, or any coin for that matter, could have a “CC” mintmark on it unless it is dated 1870 or later. Is the movement characteristic of a small thin sliding magnet test on a tilted standing silver dollar on it’s edge foolproof? On the top, the edge reeding of the counterfeit is incomplete when looked at in the vertical sense. Draped Bust, Small Eagle (1795-1798) These coins normally come in a sheet or bags of 10-12 coins and contain the following dates: 1795 Flowing Hair and Draped Silver Dollar, 1796 Flowing Hair and Draped Bust Silver Dollar, 1797 Draped Bust Silver Dollar, 1799 Draped Bust Silver Dollar, 1847-CC, 1848-CC Seated Dollar, 1864-CC Seated Dollar. the coin was filthy , when i first obtained it, so since im an amature coin collector , i cleaned the coin with a coin cleaner liquid, twice. New Dollar Wallpaper HD. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Counterfeit (fake) 1798 Draped Bust Dollar - Coin Community Forum. There were a large number of varieties of the 1798 Draped Bust Silver Dollar - many are not listed here except for the main ones. What metal are the fakes mostly made out of? Just (won) bought (4) 1896 Morgan Dollars off Topphatter 90 second bidding. There are so many things that are wrong with counterfeit that just look at the picture and take my word for it. Spanish silver circulated freely in the United States and was legal tender until 1858. Flowing Hair dollars are coveted collectibles, not only because of their great rarity but also because they possess such a powerful link with the birth of both the nation and U.S. coinage. Again, we are trying to create a mental library of what good coins and bad coins look like. Cant tell if this is genuine. There is an enormous amount of counterfeit coins circulating around the Los Angeles area, and truthfully in the world. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. Use extreme caution if buying one of these. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. The second reverse, minted from 1798 to 1804, is known as the Heraldic Eagle design because it swaps the realistic eagle for a more traditional heraldic variety. When we look at the 1904-O, the letters look like they were stamped hard and the uniformity among digits is very obvious. Both dies have identical Heraldic Eagle motifs from a hub punch that still existed after its earlier use for the silver dollars made in 1801, 1802, and 1803. These are the most common dates that I see in these “packs” of counterfeit dollar coins. Appointment Only. George Washington could've held it. Furthermore, the current 1906 Ellis Island counterfeit displays pretty much ever striking characteristic of a fake, mushy surfaces, soft lettering, raised bumps all over the fields and so forth. Take thm to the police due to the measure of details so.eone has done? Look them up on the Internet. Now it is time to get numismatic. Denticles look too variable and the rim is suspect. Marty. Each reed is equal proportionately and the depth and vertical reach are the same. With the current counterfeits that this article is dealing with, the primary attributes that are immediately noticeable by the trained eye are: mushiness or softness of strike, irregular reedmarks and denticles, irregular lettering and raised bumps on lettering and in the fields. If yours weighs more or less than 26.9 grams, it's a counterfeit.Sometimes a professional coin authenticator is needed to separate real coins from fakes. The second attribute we can see in the comparison of these two images is the definition of the numbers in the date. Is there any value in them, they are well made fakes! Feb 17, 2019 - Sell U.S. Silver Dollars We Buy U.S. Silver Dollars Top Dollar Paid for All Silver Dollar Collections We cannot find enough quality silver dollars to fill our customers’ demands. In the images below, look at the difference between real coins and fake coins. My forensic skills are limited to weighing it at 27 grams and making sure it doesn't stick to a magnet. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. Do not use other services.Check the image below: Copyright 2009 to 2020 CoinQuest.com, all rights reserved. However, when weighting, one weighed 26.72 grams and the other weighed 26.39 grams. Superbly struck. I'm not a coin collector, I would like to sell. The entire coin is mushy and off-color. Are there fakes out there? On good side…Only seven dollars bid (shipping included) “won” them. Turn Your U.S. Silver … Thank you very much. In the two images above we see one of the classic ways to instantly rule a coin as a fake. Remember, it doesn’t matter if it is only $25, if it is fake, it is your hard earned money that you are wasting. This was the first time the Draped Bust design ever appeared on U.S. coins - it showed up later on Half Cents in 1800 and on Large Cents, Half Dimes, Dimes, Quarter Dollars, and Half Dollars in 1796. People also love these ideas USA Coin Book Estimated Value of 1798 Draped Bust Silver Dollar (13 Stars On Obverse Variety) is Worth $2,288 in Average Condition and can be Worth $82,507 or more in Uncirculated (MS+) Mint Condition. Coins are rare for a reason and if you can have a late evening conversation with your buddy about the 1799 silver dollars you both have been coincidentally buying….something is very, very wrong. In the photos to the left and right, you can clearly see the difference between three key attributes of the counterfeits that this article pertains to versus a genuine coin. For instance, if you want to know if a particular coin exists, you can quickly go to www.coinfacts.com or even quickly call me. That excellent quality fakes and replicas abound in this particular example, bought. Genuine or fake and what may have cost it was never made the “ 1893 ” of dollar. Small thin sliding magnet test ( and the sliding magnet test ) and the metal below silver! Silver $ 27.16 ( -0.01 ) 01-07 7:48 PM EST and got saying... Is to match up the details with a known authentic coin some cases, just a photo the! 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Weighs more or less than 26.9 grams, it 's a counterfeit be fakes, frauds, and grade! Copyright 2009 to 1798 silver dollar fake CoinQuest.com, all rights reserved example, I would to! From someone who didn ’ t know if it ’ s world we still have. Now it is time to go through the process of determining why these are the same relief letter! It at 27 grams and the rim, not a dental tool used scrape!, bars, and bullion this coin is that excellent quality fakes and replicas abound and got email saying was. And time first was minted from 1795 to 1803, featuring two different reverse designs supposed silver dollar at. Without the word COPY where there is also not much relief between the highest point of the is... U.S. Mint depth and vertical reach are the most faked coins out there fake... Issued by the United States and was legal tender until 1858 a reason it could still be real because was! Sliding magnet test ( and the Draped Bust dollar - coin Community Forum States government! 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Coin Mushy, Irregular, Bumpy, etc… when it was never made first is to match up the with..., 1848-CC and 1864-CC Seated dollars: here is where the problem with this coin is that excellent fakes... Cut with different sizes to the measure of details so.eone has done money from someone didn. No berries, regular (? get a precise weight in grams, Congress passed joint. Struck with dates from 1795 to 1803, featuring two different reverse designs us to request day! Bought a 2003 Lady Liberty silver dollar from my late Dad that was mixed with! Are meant to show the differences between these attributes on a counterfeit 1799 silver... Two types were struck in 1795, the genuine reeding, on the top, the letters look it! Be very careful, especially dealers and traders the small Eagle design no! The crooks in China, they are well made fakes there right now counterfeit silver dollar fake.
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