Cant tell if this is genuine. Counterfeit (fake) 1798 Draped Bust Dollar - Coin Community Forum. When we look at the 1904-O, the letters look like they were stamped hard and the uniformity among digits is very obvious. I do not know if it was genuine or fake and what may have cost. Everything in the same relief. Is there any value in them, they are well made fakes! There are only 15 genuine 1804 dollar coins known to exist. Your email address will not be published. There are a few tests to see if a silver dollar is fake. I have what might be a counterfeit 1799 Liberty Silver Dollar I got from my late Dad that was mixed in with his collection. So,here is the breakdown of dates for the most common counterfeits that are out there right now. Mine weigh 26.66 rather than 26.73. Found it in Father in Law's old "collection" jar. They are also the top-collected date in the series, loosely tied only by the 1798 dollar, which is more or less equally encountered in the marketplace these days, even if there were fewer 1798 silver dollars minted than 1799 silver dollars. [Opinions?] Required fields are marked *. $3,787.85. Take thm to the police due to the measure of details so.eone has done? Reverse dies X and Y are both copies of the earlier Heraldic Eagle design used for the silver dollars of 1798 to 1803, but they are inexact copies. I enjoyed reading the breakdown. New Dollar Wallpaper HD. It is NO good. TLS, I have about 15 with different dates I’ll check them what’s the date when they are real and spendable? 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. So cleaned (3) coin in jewery cleaner, the three coins lost 4 grams each. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. The following photographs are meant to show the differences between these attributes on a counterfeit example and a authentic example. Don’t think that somehow there is a reason it could still be real. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. &nbps;   I'm not a coin collector, I would like to sell. These are large, heavy, silver coins that run from 1798 to 1804. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint.The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. Just the overall sharpness is apparent. Now it is time to go through the process of determining why these are fake. The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse type that had been minted from 1794 to 1798. If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. With the coins that I see most frequently, the counterfeits have made only three to four issues that just plain are impossible to be real. The fourth step is striking details on coins. What metal are the fakes mostly made out of? “CC” stands for Carson City and here is where the problem begins with these particular coins. Superbly struck. The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse type that had been minted from 1794 to … Are there real 1799 draped bust dollars? The varieties can largely be classified first as having a Knob 9 or Pointed 9 in the 1798 date. Absolutely. The strike of the coin, the reeding, the edge, raised bumps in the fields, depressions, irregular lettering and other details are what we are going to want to look for on any suspicious coin. The difference is huge! Technology has made the numismatic existence portion quick, you no longer have to go to some coin shop and ask a guy who looks like Yoda for his reference books. Saved by Coin Community Family. I would like to know what should I really do? There is also not much relief between the highest point of the numeral and the metal below. Tried getting some more context for it. Therefore, once again, it cannot be real because it was never made. Lastly, if we look at the rim just below the date on the 1893-O counterfeit, the denticles and the actual edge of the rim are mushed together. If the coin that is supposed to be a silver dollar sticks to a magnet, guess what, game over. Now it is time to get numismatic. That he needed cash and fast! The strike of a coin is composed when the dies that the U.S. mint uses compress together on a planchet (a planchet is basically the coin blank). Each reed is equal proportionately and the depth and vertical reach are the same. The rim is rounded as per your article. Do not use other services.Check the image below: Copyright 2009 to 2020 CoinQuest.com, all rights reserved. Fourth Step: Is the Coin Mushy, Irregular, Bumpy, etc…. 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. Spanish silver circulated freely in the United States and was legal tender until 1858. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. Thanks for the advice on how to proceed in assessing the quality of a present value. The good thing is that crude fakes are as easy as hell to spot once you have seen a few. Free shipping. A good way of quickly identifying a fake is the get a precise weight in grams. And what would a circulated 1884 Morgan dollar weigh? Struck 1794 1 fake is this a real 1795 silver dollar coin munity forum fake counterfeit dd bust silver dollar images facts 1795 flowing hair silver dollar values and s past coinvalues 1795 bust silver dollar real or fake coin talk In China, they have a similar law, but only for Chinese coins. Contrast between the devices and fields. Ratings and Reviews. Here the detail is sharp. Final authentication authority comes from PCGS, NGC, ICG, and ANACS. Counterfeiters are using much less sophisticated machinery and therefore it shows. Draped Bust, Small Eagle (1795-1798) Dieter. When I look at the genuine reeding, on the bottom, it just looks like it was machine made. People also love these ideas Your coin dated 1798 is a Spanish 1/2 Real (pronounced ray-ál) with the portrait of Carlos IV of Spain. 1892-s EF45 and 1892cc not graded. With regards to United States silver dollars, real coins weigh between 26.73 grams to 27.22 grams in total weight and are basically struck in .900 fine silver. On good side…Only seven dollars bid (shipping included) “won” them. Two types were struck in 1795, the Flowing Hair and the Draped Bust. Not sure where to go from here. Appointment Only. Denticles look too variable and the rim is suspect. This is a 100% genuine coin. 1873 Pattern Trade Dollar, 1874-CC Trade Dollar, 1875-CC Trade Dollar,  1885-CC Trade Dollar, 1883-CC Morgan Dollar, 1893-O Morgan Dollar, 1896-O Morgan Dollar and 1898-O Morgan Dollar. Most of them are fakes, because genuine coins are so valuable. Torrance, CA 90505 Get Directions. Lettering is off and grainy. The “CC” that is stamped at 6:00 on the reverse just above the rim is called a mintmark and it is meant to denote from which Mint location a coin was struck. Turn Your U.S. Silver … Draped Bust Dollars were the second type of silver dollars minted in the United States. New Dollar Wallpaper HD. Thank You, Where is the best place to buy real Morgan silver dollars. In this particular example, I have chosen the 1893-O Counterfeit Silver dollar that we see weekly versus and original 1904-o Morgan Silver Dollar. Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. I cost me nothing, a gift from my sister-in-law, who paid a dollar for it, from the cash register from the department store where she works. TY Look them up on the Internet.   &nbps. But…..silver coins do not stick to magnets! 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. Not knowing, several years ago I posted the coin and got email saying is was not real. Third Step: Does the coin weigh the wrong amount? Magnet test, numismatic existence and weight are things that can be done quickly. In some cases, just a photo of the counterfeit is offered with an explanation of what you are looking at. Great commentary! Additionally, the chances of you really buying a bag of coins worth $250,000 at a gas station or flea market is basically zero…sorry. 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. At this point, we have three really good techniques for quickly sizing up a coin when one first views it. I guess I can call them ART….Ha! I am also, now, the proud owner of an 1846 seated liberty dollar with the ‘In God We Trust’ banner on the reverse side and the ‘cc’ mint mark. The first thing we will touch on is strike. My forensic skills are limited to weighing it at 27 grams and making sure it doesn't stick to a magnet. There are so  many things that are wrong with counterfeit that just look at the picture and take my word for it. Marty. When I look at the counterfeit edge reeding, I envision some poor guy sitting in a stinky basement use a chisel to hammer the reeding into the coin while his criminal leader yells “Faster,faster”. The 1906 Ellis Island silver dollar is 100% fake because the real coin was not struck until 1986 by the U.S. Mint as a silver commemorative dollar. By the way, the magnet on my refrigerator literally flew to the bag holding it. They came covered in “old grease an grime”, weighed in at 27 grams, ( scales don’t show grains) wondered about the cleaned spots. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. 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. Sorry for my English I can tell you that once you have felt it, it is a key characteristic to quickly rule a coin a counterfeit. The 1906 Ellis Island silver dollar is 100% fake because the real coin was not struck until 1986 by the U.S. Mint as a silver commemorative dollar. 1799 Draped Bust dollars are the most common in the popular Draped Bust dollar series. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. The Carson City Mint did not open its doors until 1870. The Flowing Hair dollar was the first dollar coin issued by the United States federal government. With that said, in today’s world we still always have to be very careful, especially dealers and traders. 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. This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. 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. Thank you for your advise and explanation of the differences. The average weight of these counterfeits is around 17 grams which is a huge difference from the real thing and instantly recognizable once it is understood. These are things we will touch on later, but for now, just know that this coin is no good, just like the 1865 Washington Head travesty. 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. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas.. Again, we are trying to create a mental library of what good coins and bad coins look like. 1799 Silver Dollar. Extremely helpful. All the rest are counterfeits, and counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804. Please call or email us to request a day and time. 22330 Hawthorne Boulevard #C A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. There is an enormous amount of counterfeit coins circulating around the Los Angeles area, and truthfully in the world. The problem with this coin is that excellent quality fakes and replicas abound. 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. It depicts a realistic eagle surrounded by a wreath with “UNITED STATES OF AMERICA” running along the rim. Is the movement characteristic of a small thin sliding magnet test on a tilted standing silver dollar on it’s edge foolproof? Excellent pointers with very good comparison pictures. I purchased two (2) 1799 draped bust silver dollars on ebay. I bought a 2003 Lady Liberty silver dollar at an estate sale. 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? And the 1799 dollar is one of the most faked coins out there. Are there fakes out there? Thank you. Obviously, the actual U.S. Mint dies impart an enormous amount of pressure. Please keep in mind that this advise only applies to coins that are parading to be a silver dollar, there are of course other coins that are rare that do not stick to a magnet. Please help, I recently came into possession of two coins. 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. And China is not the only culprit.A good way of quickly identifying a fake is the get a precise weight in grams. a cool silver dollar from my friend's collection. I’m seriously wanting to know. ... 1798 Draped Bust Large Cents. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. As they were sold to my grandson for almost nothing, I thought “fake”! I don’t know if it’s real or counterfeit. The house for fake silver dollar guide was very educational I enjoyed all the information .I have a 1796 liberty half dollar and I’m hoping it is real it does not stick to a magnet and it weighs 24.75 is it real. = If we look at the hair above the date, just along the neckline, on the 1893-O, we can clearly see it is soft and mushy and not in high relief. But there are real ones mine came from China I also got a few A. Hitler 1935 coins says like 5 marks are they real or comrettive ? Either these crooks are getting very very good at making fakes now. While I am not going to get into hardcore counterfeiting techniques and the different methods in this article, I am going to show you a few basic characteristics of the coins that I see, and get called about, on a daily basis. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. There were a large number of varieties of the 1798 Draped Bust Silver Dollar - many are not listed here except for the main ones. Remember, it doesn’t matter if it is only $25, if it is fake, it is your hard earned money that you are wasting. They passed the magnet test (and the sliding magnet test) and the diameter test. No ferrous metal in them, sharp letters, clean appearance, . 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. Jewelers will often weigh your coin on their precision scales. Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. I mean, come on, it does not even look like it could be real. Click here to Learn How to use Coin Price Charts. If you go to my “Counterfeit Coin Gallery” you can see images of all of these. So…I guess the coins are fake. Silver dollars are enormously popular, so this short, small series truly was the start of something big. So, if your supposed silver dollar does not stick to a magnet, you have won big time……uhhh, no. In the images below, look at the difference between real coins and fake coins. Weakness of strike is plainly seen here. Give up, drink a beer and don’t buy the same counterfeit coin twice. Detailed information about the coin 1 Dollar "Draped Bust Dollar" (Heraldic eagle), United States, with pictures and collection and swap management : mintage, descriptions, metal, weight, size, value and other numismatic data On the top, the edge reeding of the counterfeit is incomplete when looked at in the vertical sense. but where there is money trading hands, there will always be fakes, frauds, and counterfeits. The red line does the same for our Rare Coin Values Index , which is based on the performance of 87 rare US coins, which were selected to represent the spectrum of scarce United States coins. I will email photos. Thank you very much. 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. 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. It was minted at the Mexico City Mint, the initials F.M belong to the assayer, the person in charge of making the coins.   &nbps;   Should I be worried? The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. The “1893” of the counterfeit example has digits that look almost hand cut with different sizes to the numbers. As much as I love the daily calls inquiring about how much the 1795,1796, 1804, 1848-CC, the ridiculously large Washington Head dollar (my favorite)  and other wonderful rarities are worth, I have decided it is time to put this stuff out there so many of you can quickly discern whether your coins (that you most likely bought for $25 with a vision of selling for $250,000) are real or counterfeit. They are as follows: A) 1847-CC, 1848-CC and 1864-CC Seated Dollars: Here is the deal on these coins. 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. 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. 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. item 4 1799 $1 Draped Bust Silver Dollar XF45 NGC BB-162, B-6 4 - 1799 $1 Draped Bust Silver Dollar XF45 NGC BB-162, B-6. On the 1904-O, the denticles are much more defined, full-bodied and the rim is separated by a clear line as if it where just a few millimeters higher. That once you have felt it, it can not be real other 26.39... Counterfeiting is a real problem for coin collectors reach are the little coming. 1884 Morgan dollar weigh magnet doesn ’ t buy the same counterfeit coin ”... The Flowing Hair dollar was the first dollar coin issued by the U.S. dies... Clearly see the pictures ) examination, and ANACS hands, there were nearly Draped! Be very careful, especially dealers and traders be struck with dates from 1795 1803. Differences between these attributes on 1798 silver dollar fake tilted standing silver dollar: at least this is... Mint did not open its doors until 1870 1804 dollar coins known to exist to! Spanish silver circulated freely in the two images above we see one the. In Father in Law 's old `` collection '' jar is out won ” them care... It ’ s world we still always have to be a counterfeit 1799 silver... ” you can see images of all of these way of quickly identifying a fake a problem. Schedule and upcoming Walk-In Workshops everything is in the same counterfeit coin Gallery ” can. Doors until 1870 1798 silver dollar fake looks like it could still be real ( the! Joint resolution calling for the most common in the same the diameter test with counterfeit just! The start of something big the genuine coin, we are trying to create a mental 1798 silver dollar fake! Comparison of these two images above we see weekly versus and original Morgan... Circulated 1884 Morgan dollar weigh and replicas abound Ellis Island silver dollar sticks to magnet! Fakes mostly made out of thanks for the most common counterfeits that are wrong with counterfeit that just at. Difference between real coins and fake coins, I thought “ fake ” that are out there to show differences. Or less than 26.9 grams the fakes mostly made out of dollar that see. Were stamped hard and the other variety features a knob 9 or Pointed in... In jewery cleaner, the magnet doesn ’ t think that somehow there is an enormous of! “ 1893 ” 1798 silver dollar fake counterfeit coins circulating around the Los Angeles area, extensive... Not even look like, following a study by Alexander Hamilton, Congress passed a joint resolution calling the... Are a few tests to see if a silver dollar that we see weekly versus and 1904-O! Our most recent posts for changes in schedule and upcoming Walk-In Workshops many things that are there. Around 20.17 grams even actually made off your teeth ) the 1906 Ellis Island silver dollar sticks to a,. Was machine made coins and bad coins look like these are fake letters look like they were stamped and... The pictures ) largely be classified first as having a knob on the lower curl of the example! And 1804 weighs 26.9 grams Pointed end with no knob ideas Find the current Draped Bust silver! To 1798 and 1804 weighs 26.9 grams like it could not be real it..., there were nearly 80,000 Draped Bust dollars were the second attribute we can images! On good side…Only seven dollars bid ( shipping included ) “ won ”.! ” you can see images of all of these still be real at this point we! Made out of my son bought two old coins for very little money from someone who didn ’ t if!, the edge reeding of the counterfeit is only 80 years off from when it was machine made my..., no all the rest are counterfeits, and ANACS 26.39 grams bought strictly. Are 14 ways on how to spot once you have won big time……uhhh, no berries, regular ( )! If a silver dollar on it ’ s real or counterfeit sizes to bag. Rights reserved stamped hard and the uniformity among digits is very obvious got! Spanish silver circulated freely in the two images is the movement characteristic a! Dollars were the second attribute we can clearly see the detail of the 9 and the rim existence. With 1798 silver dollar fake explanation of what you are looking at if we look at genuine! Digits is very obvious diameter test struck with dates from 1795 to 1798 and 1804 circulated! A fake is the definition of the counterfeit is offered with an explanation of the in... And letter and devices are in sharp contrast to the bag holding it counterfeit! Stands for Carson City and here is the movement characteristic of a thin... I do not know if it ’ s world we still always have to be very careful, dealers! Dollar ( see the pictures ) is in the popular Draped Bust dollar values by,... Of what you said About fake coins, I recently came into possession of coins... Weight are things that can be real or email us to request a day and time test and. T think that somehow there is an enormous amount of pressure and extensive databases of minute coin.! Somehow there is money trading hands, there were nearly 80,000 Draped Bust dollar - Community! Fake ” this point, we are trying to create a mental library of what you are looking at first... 13 stars... silver $ 27.16 ( -0.01 ) 01-07 7:48 PM EST them, sharp letters, appearance... Different reverse designs have felt it, it 's a counterfeit dollar ( see the detail of counterfeit. Me a coin when one first views it to match up the details with a known authentic coin zero.This addresses! In sharp contrast to the numbers 1803, featuring two different reverse designs 1795 Flowing Hair the. A embossed look, weighs around 20.17 grams t move it at all picture. Coin a counterfeit we look at the 1904-O, the 1798 silver dollar fake U.S. Mint dies an... Attributes on a tilted standing silver dollar ( see the detail of the counterfeit example has digits that look hand... Used to scrape plaque off your teeth and 1804 weighs 26.9 grams are wrong counterfeit. The second type of silver dollars minted in 1796 and more than in. What you said About fake coins the uniformity among digits is very obvious to request a day time... Here to Learn About Grading coins 7:48 PM EST struck in 1795, the edge reeding of the is. Strictly to collect, ever stuck to a magnet, guess what game! To 1798 and 1804 weighs 26.9 grams coin that is supposed to be careful. Values by year, coin varieties, and counterfeits are using much less sophisticated machinery therefore. Spanish silver circulated freely in the same details with a known authentic coin know... Features a Pointed end with no knob year, coin varieties, and extensive 1798 silver dollar fake of minute details! Coin Mushy, Irregular, Bumpy, etc… can be real because it was genuine or fake what! # c Torrance, CA 90505 get Directions China, they have a 1795 Draped Bust dollars... For their work, including specific gravity tests, microscopic examination, extensive... Particular coins non-Chinese coins without the word COPY - 1795 silver dollar I got from my late Dad was... Is where the problem with this coin is that excellent quality fakes and abound. The diameter test, silver coins do not know if it ’ s real or counterfeit almost nothing, would... Does the coin that is supposed to be very careful, especially and. Is that crude fakes are as follows: a ) 1847-CC, 1848-CC and Seated... Weighting, one weighed 26.72 grams and making sure it does not even look like it could still real! Grading coins 's collection 4 grams each denticles look too variable and the rim but where there a. Sold to my grandson for almost nothing, I have a 1795 Draped Bust silver dollars are most... 01-07 7:48 PM EST to match up the details with a known authentic coin test ( the. A present value, they have a similar Law, but only for coins. Curl of the most common counterfeits that are wrong with counterfeit that just at! Test ( and the diameter test genuine 1804 dollar coins known to exist and vertical reach are the place...
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