fake 1800 silver dollar

Posted by on Jan 11, 2021 in Uncategorized | 0 comments

It is probably true that AU55 grade representatives of nine of the eleven dates could practically be acquired for prices in the $9,000 to $12,000 range. It is neat that dies can be identified decades or centuries after they were destroyed or discarded. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. For MS64 and higher grade bust dollars, collectors should consult an expert as the physical characteristics and pedigree of each individual coin are factors that substantially affect value and desirability. The so called "AMERICAI" 1800 dollar is a little more interesting than the “Dotted Date,” but minor as well from a logical perspective. The production of the Draped Bust silver … At the ANA Convention in August, Heritage auctioned a PCGS graded VF20 1802/1, with a CAC sticker, for $3,240. Auction results suggest that many bidders agree that this variety is not worth a substantial premium over 1800 dollars in general. Genuine trade dollars were minted between 1873 and 1885. 1800 P Draped Bust Dollar 10 Arrows: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. Most of the varieties listed for large cents of the same era are immediately apparent and several seem like their own subtypes. In the current era, at most a dozen people seriously collect Draped Bust dollars by die variety, while perhaps one thousand people collect them by date. The most commonly counterfeited coins are those issued by the San Francisco and Carson City mints. For this reason, it takes a trained eye to determine the authenticity. These are large, heavy, silver coins that run from 1798 to 1804. Enter your e-mail and subscribe to our newsletter. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. A good friend of mine was given two 1795 Draped Bust dollars … As for the regular 1802 date, like most dates in of this type, 1802 dollars are not very difficult to find. Visit the web sites of these great CDN Sponsors. Time doesn’t permit a detailed explanation between the two, but we’ll discuss some of the differences between these coins in a future article. 1802/1 Bust dollar obverse depicting the heraldic eagle reverse design. Discussion in 'Coin Chat' started by Mountain Man, Apr 24, 2020. Vital rare coin & paper money industry updates, SERIES ANALYSIS: Draped Bust Dollars, Business Strikes (Part 3). In summary, the best way to avoid mistakenly purchasing a counterfeit Morgan silver dollar is to do your due diligence to identify a highly knowledgeable and reputable coin dealer. 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… This analysis is about business strikes, coins produced in a routine or ordinary manner, and the requirements for a set of Heraldic Eagle dollars dating from 1798 to 1803. Silver Melt: $19.65 Value: As a rough estimate … At the end of March, at a Spring ANA Convention, Kagin’s auctioned a PCGS graded VF35 1802 for $3,000. Two 1803 dollars are thus required for a complete set ‘by date.’ In circulated grades, the ‘Large 3’ and the ‘Small 3’ are worth about the same, and are each worth significantly more than 1799, 1800, 1801, 1802/1 and 1802 dollars in grades from VG8 to MS63. Found out, after buying one, that these are fake copies of the original coins. For Sale: Silver Bullion (Many Holiday Themed) And 90% More Or Less At Spot For Sale: Silver Bullion - Various Coin & Medal Lots Sold: Die Variety Lot - 15 Doubled Dies And 5 RPMS For Sale: Canadian Silver 80% + Add On French 90% Assorted Numismatic Books For Sale For Sale: 1998 Havana Puzzle Silver Proof Set With Box Grapecollects' Coin Mini Mart (Us, Silver… This resulted in blobs and dots all around the number - and so this coin … He can reached via email at Insightful10@gmail.com. Lastly, highly skilled counterfeiters have been known to add a “mint mark” to a coin or remove a mint mark in an attempt to increase the value of the coin. On March 14, Heritage auctioned an NGC graded AU50 1798 ‘Knob 9’ for $7,200. The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. There are at least ten die pairings for which fewer than ten coins are known to exist in the present. Draped Bust obverse, Heraldic Eagle reverse silver dollars were minted from 1798 to 1804, though silver dollars struck in 1804 were likely to have been dated 1803. Silver $25.46 (-1.71) 01-08 4:59 PM EST PCGS3000 ® The PCGS3000 ® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. Indeed, there is just a small, somewhat round, lump awkwardly below the first zero in the date. Very Fine grade representatives of most all ‘dates’ could be purchased for less than $2,600 each, considerably less in some cases. Slight variances are typically within the margin of error for these coins, but any substantial differences should be reason for concern. How about this one? Of course, dies were and still are used to strike coins. All Rights Reserved. Silver prices being low, prompted me to invest more heavily into buying silver. Precious Coins as Charitable Donations: A Holiday Tradition? Indeed, there is just a small. The “Small Eagle” is a young eagle and is indicative of a nation that was recently born and was developing rapidly. Some 1876 Trade Dollar … 1800 Silver Early Dollars; Skip to page navigation. On January 6, 2019, the firm of David Lawrence sold a PCGS graded F15 1802 for $1,700. The original 5oz .999 pure silver … The 1799 7x6 (seven at the left, six at the right) obverse stars and 1799 8x5 obverse stars are apparently and meaningfully distinct in a way that is hard to explain. However, to untrained eyes, most people don’t realize the difference between authentic and counterfeit silver dollars… Information relating to dies is important for authentication, pedigrees, and historical analysis, in addition to being important to those who collect most or all die varieties of a particular series or type of coins. The 1800 "Dotted Date" Draped Bust Silver Dollar features a die defect around the date - particularly around and within the first "0". The “Small Eagle” and Heraldic Eagle reverses are indicative of two design types of Draped Bust silver dollars. Indisputably, the 1802/1 is an obvious overdate and a date that is distinct from the regular 1802. MS60 to -62 grade 1801 and 1802/1 dollars tend to bring significant premiums. Keep up with information updates and partner information. The mint mark indicates where the coin was minted. California Wells Fargo … While some of the replicas are fairly high quality, a 10x triple magnifier will help to identify nuances between counterfeit stamped mint marks and authentic mint marks. Coin does not match any known obverse or reverse dies for 1796 Silver Dollars Perfectly round, as though struck in collar Artificial toning Detail is slightly mushy and flat for the amount of wear the coin shows With exception of the '6' in the date, dies are a match for 1795 Small Eagle Dollar… The 1800 “Dotted Date” does not feature a decimal point or a period. Two bust dollars struck from the same pair of dies that were each graded MS64 by the same service may have much different market values. Precious metals, such as gold, silver, platinum and palladium aren’t magnetic, so if your coin is attracted to a strong magnet, such as an earth magnet, then you can be sure that it’s fake. The trade dollar from 1876 is a silver coin that is easier to collect then the rare silver dollar coins as there are still plenty of these coins for sale at various online markets. It is not unusual for a collector to take years to finish a set. This article appeared in print in the December 2019 issue of The Monthly Greysheet. At least two leading price guides value the 1798 ‘Knob 9’ and ‘Pointed 9’ the same in grades from G4 to MS63. Authentic Morgan silver dollars may also weigh less than the standard specs if they have been in circulation and have some wear. This design element is related to the Great Seal of the United States. From an authentic and a date that is convenient for you a CAC sticker, for $ 7,200 to! Weight, the weight of an uncirculated Morgan silver dollar from 1794 to and... Counterfeits, and counterfeits are worth zero logic dictate that these are large, heavy, silver coins run... Seated Liberty dollars … Composition: silver (.8924 ) and Copper (.1076 ): //www.patreon.com/JuniusMaltby BEWARE, coins... The coin was minted that many bidders agree that this variety, are... 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