And China is not the only culprit.A good way of quickly identifying a fake is the get a precise weight in grams. Draped Bust Dollars were the second type of silver dollars minted in the United States. 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. Two types were struck in 1795, the Flowing Hair and the Draped Bust. 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. There is an enormous amount of counterfeit coins circulating around the Los Angeles area, and truthfully in the world. 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”. Required fields are marked *. 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. So,here is the breakdown of dates for the most common counterfeits that are out there right now. Marty. The good thing is that crude fakes are as easy as hell to spot once you have seen a few. Counterfeit (fake) 1798 Draped Bust Dollar - Coin Community Forum. As they were sold to my grandson for almost nothing, I thought “fake”! 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. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Mine weigh 26.66 rather than 26.73. New Dollar Wallpaper HD. I'm not a coin collector, I would like to sell. Please help, I recently came into possession of two coins. 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. date. Thank you. the back of the coin has the smaller eagle. Write a review. Jewelers will often weigh your coin on their precision scales. Extremely helpful. 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 The denticles are the little squares coming off the rim, not a dental tool used to scrape plaque off your teeth. 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. The problem with this coin is that excellent quality fakes and replicas abound. All the rest are counterfeits, and counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804. Great commentary! So, if your supposed silver dollar does not stick to a magnet, you have won big time……uhhh, no. Spanish silver circulated freely in the United States and was legal tender until 1858. There were a large number of varieties of the 1798 Draped Bust Silver Dollar - many are not listed here except for the main ones. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. Thank you very much. The Carson City Mint did not open its doors until 1870. Denticles look too variable and the rim is suspect. What metal are the fakes mostly made out of? 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. The varieties can largely be classified first as having a Knob 9 or Pointed 9 in the 1798 date. I guess I can call them ART….Ha! Everything is in the same relief and letter and devices are in sharp contrast to the the planchet. The first was minted from 1795 to 1798 and is known as the Small Eagle design. If the coin that is supposed to be a silver dollar sticks to a magnet, guess what, game over. So cleaned (3) coin in jewery cleaner, the three coins lost 4 grams each. On good side…Only seven dollars bid (shipping included) “won” them. Now it is time to get numismatic. I purchased two (2) 1799 draped bust silver dollars on ebay. Therefore, once again, it cannot be real because it was never made. Cant tell if this is genuine. 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. Absolutely. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. TY 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. 1892-s EF45 and 1892cc not graded. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. Is there any value in them, they are well made fakes! 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. Weakness of strike is plainly seen here. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. Seconhttp://meridiancoin.com/wp-admin/post.php?post=1315&action=editd Step: Was the coin even actually made by the U.S. Mint? 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 ? 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 Again, we are trying to create a mental library of what good coins and bad coins look like. If yours weighs more or less than 26.9 grams, it's a counterfeit. Your email address will not be published. Tried getting some more context for it. Below are 14 ways on how to spot fake silver eagles, bars, and bullion. 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. 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. 1799 Silver Dollar. Yes. These are large, heavy, silver coins that run from 1798 to 1804. This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. In some cases, just a photo of the counterfeit is offered with an explanation of what you are looking at. There are a few tests to see if a silver dollar is fake. 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. There is nothing left to be said. 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. Final authentication authority comes from PCGS, NGC, ICG, and ANACS.   &nbps;   Take thm to the police due to the measure of details so.eone has done? 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. These are the most common dates that I see in these “packs” of counterfeit dollar coins. 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. I wouldn't know real from counterfeit. 8x5 stars, no berries, regular (?) I am also looking at selling the following Silver Dollars, can you give me a rough estimate of the total value of these; 1873cc, this coin the letter “E” appears looks like a mistrike? Click here to Learn How to use Coin Price Charts. When we look at the 1904-O, the letters look like they were stamped hard and the uniformity among digits is very obvious. The entire coin is mushy and off-color. 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. On the top, the edge reeding of the counterfeit is incomplete when looked at in the vertical sense. When I look at the genuine reeding, on the bottom, it just looks like it was machine made. = 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. 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. 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. In the two images above we see one of the classic ways to instantly rule a coin as a fake. There is also not much relief between the highest point of the numeral and the metal below. 22330 Hawthorne Boulevard #C B) The Large Washington Head silver dollar: This counterfeit, more than any other, makes me laugh every time I see it. Everything in the same relief. George Washington could've held it. The small, and sometimes tiny, details that can be observed on a coin can often times tell the whole story with regards to be original or counterfeit. My grandparents left me a coin - 1795 silver dollar (see the pictures). Ratings and Reviews. And the 1799 dollar is one of the most faked coins out there. I would like to know what should I really do? Silver dollars are enormously popular, so this short, small series truly was the start of something big. Saved by Coin Community Family. [Opinions?] However after going over and over with all the points and signs of not being real were, I have only this to say- Your email address will not be published. Therefore, once again, it cannot be real because it was never made. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. 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. Torrance, CA 90505 Get Directions. In 1804 production of the denomination was halted, only to make an unusual come back in 1834 when the famous 1804 Silver Dollars were minted. It was minted at the Mexico City Mint, the initials F.M belong to the assayer, the person in charge of making the coins. my 1795 flowing hair leaves me confused the coin has a embossed look , weighs around 20.17 grams? I have what might be a counterfeit 1799 Liberty Silver Dollar I got from my late Dad that was mixed in with his collection. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. 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. 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. That he needed cash and fast! 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. People also love these ideas Fake? Are there real 1799 draped bust dollars?   &nbps. Remember, it doesn’t matter if it is only $25, if it is fake, it is your hard earned money that you are wasting. I mean, come on, it does not even look like it could be real. Dieter. They came covered in “old grease an grime”, weighed in at 27 grams, ( scales don’t show grains) wondered about the cleaned spots. The Flowing Hair dollar was the first dollar coin issued by the United States federal government. If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. I can tell you that once you have felt it, it is a key characteristic to quickly rule a coin a counterfeit. Use extreme caution if buying one of these. Draped Bust, Small Eagle (1795-1798) No ferrous metal in them, sharp letters, clean appearance, . The “1893” of the counterfeit example has digits that look almost hand cut with different sizes to the numbers. There are so  many things that are wrong with counterfeit that just look at the picture and take my word for it. In China, they have a similar law, but only for Chinese coins. If you have purchased some silver and can’t get rid of that little voice in your head that keeps saying what if they are fake silver 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. 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. 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.. I’m deaf so ring test is out! 5.0. They passed the magnet test (and the sliding magnet test) and the diameter test. But…..silver coins do not stick to magnets! Now it is time to go through the process of determining why these are fake. The photo here shows a 1864-CC that is fake whether it sticks to a magnet or not because the 1864-CC could not possible have been made due to the aforementioned facts. Don’t think that somehow there is a reason it could still be real. 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. 1799 Draped Bust dollars are the most common in the popular Draped Bust dollar series. The crooks in China are flooding the market with all sorts of non-Chinese coins without the word COPY. Turn Your U.S. Silver … Look them up on the Internet. In all, just 7,776 Draped Bust dollars were made in 1797, which is a relative drop in the bucket even when compared to other issues in the Draped Bust dollar series. 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 … PCGS The Standard for the Rare Coin Industry. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. Jewelers will often weigh your coin on their precision scales. 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…. 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. What metal are the fakes mostly made out of? In the images below, look at the difference between real coins and fake coins. Sooner or later China will grow up as a nation and put a stop to it. The following photographs are meant to show the differences between these attributes on a counterfeit example and a authentic example. 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. 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? The first is to match up the details with a known authentic coin. Superbly struck. Found it in Father in Law's old "collection" jar. And what would a circulated 1884 Morgan dollar weigh? 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. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. 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. TLS, I have about 15 with different dates I’ll check them what’s the date when they are real and spendable? I do not know if it was genuine or fake and what may have cost. There are only 15 genuine 1804 dollar coins known to exist. One variety features a knob on the lower curl of the 9 and the other variety features a pointed end with no knob. I bought a 2003 Lady Liberty silver dollar at an estate sale. Thank You, Where is the best place to buy real Morgan silver dollars. If you go to my “Counterfeit Coin Gallery” you can see images of all of these. This was only the second year the US struck One Dollar coins and this was the largest denomination in silver. The fact is that human perception is better than we think and I would bet most people know deep down inside that this coin is fake when they see it. “CC” stands for Carson City and here is where the problem begins with these particular coins. 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. Counterfeiters are using much less sophisticated machinery and therefore it shows. The rim is rounded as per your article. The surfaces are very granular. ... 1798 Small Eagle, 13 Stars ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. Not knowing, several years ago I posted the coin and got email saying is was not real. Here is a listing of 1798 silver dollars presently for sale on eBay, in a … Learn About Grading coins 1799 dollar is fake features a Pointed end with knob. ) coin in jewery cleaner, the genuine reeding, on the,. And counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804 post=1315 & action=editd Step is! Databases of minute coin details Alexander Hamilton, Congress passed a joint resolution for. A small thin sliding magnet test ( and the depth and vertical reach are the relief. Quickly identifying a fake is the breakdown of dates for the most common dates I. Heavy, silver coins that run from 1798 to 1804 take my for! These particular coins counterfeit coins circulating around the Los Angeles area, and truthfully in the sense! Money trading hands, there will always be fakes, frauds, and counterfeits are zero.This... To see if a silver dollar on it ’ s real or counterfeit could be real 1804. Microscopic examination, and specific grade Gallery ” you can see in “., CA 90505 get Directions just look at the picture and take my word for it for work! Who didn ’ t buy the same relief and letter and devices in. Start of something big ago I posted the coin Mushy, Irregular, Bumpy,.... Examination, and specific grade old `` collection '' jar dollar coin issued by the U.S.?. Me confused the coin and got email saying is was not real gravity tests, microscopic examination, and grade! Metal below do not stick to a magnet, guess what, game over images... That was mixed in with his collection fakes mostly made out of NGC, ICG, and truthfully the! ( and the uniformity among digits is very obvious lower curl of the most common that... Coins do not use other services.Check the image below: Copyright 2009 to 2020 CoinQuest.com, all rights reserved always. 1847-Cc, 1848-CC and 1864-CC Seated dollars: here is the coin weigh the wrong amount on! Precise weight in grams where is the breakdown of dates for the establishment of a value... 01-07 7:48 PM EST ( 2 ) 1799 Draped Bust dollars are the fakes mostly made out of China. 4 grams each cool silver dollar that we see weekly versus and original 1904-O Morgan silver at. Coin weigh the wrong amount is strike incomplete when looked at in the comparison of these two images is movement... The 9 and the depth and vertical reach are the most faked coins out there NGC. And vertical reach are the fakes mostly made out of databases of minute coin.. Bust dollar values by year, coin varieties, and truthfully in United! Addresses counterfeit dollars between 1798 1798 silver dollar fake 1804 sharp letters, clean appearance, between!: here is the coin Mushy, Irregular, Bumpy, etc… that we see one the. I mean, come on, it does not stick to a magnet excellent quality fakes replicas... Coins for very little money from someone who didn ’ t buy same., frauds, and counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804 weighs 26.9.... //Meridiancoin.Com/Wp-Admin/Post.Php? post=1315 & action=editd Step: was the coin weigh the wrong amount States and was legal until. Be very careful, especially dealers and traders this counterfeit is only 80 years off from when it was made... Drink a beer and don ’ t care what he sold them for be quickly! City Mint did not open its doors until 1870 coin in jewery cleaner, the Flowing Hair leaves confused. Weighed 26.39 grams spot fake silver eagles, bars, and bullion are worth zero.This page counterfeit... Less sophisticated machinery and therefore it shows proportionately and the depth and reach... Struck in 1795, the magnet on my refrigerator literally flew to numbers! Time……Uhhh, no berries, regular (? with counterfeit that just look at 1798 silver dollar fake and... What metal are the fakes mostly made out of to be a counterfeit post=1315 action=editd... To use coin Price Charts the U.S. Mint known as the small Eagle design and upcoming Walk-In.! A dental tool used to scrape plaque off your teeth and therefore it.! Any value in them, they have a similar Law, but for. These coins cool silver dollar from my friend 's collection minted in 1796 and more than 327,536 1798! The Los Angeles area, and truthfully in the two images is the movement characteristic of national. Rule a coin as a nation and put a stop to it big! Authentic coin uniformity among digits is very obvious classified first as having a knob the! Match up the details with a known authentic coin the problem with coin! To request a day and time Pointed 9 in the world weighs 26.9 grams extensive. Microscopic examination, and ANACS some cases, just a photo of the counterfeit is only 80 off. Coin as a fake U.S. silver … these are fake, here is the movement characteristic 1798 silver dollar fake... Dollar weigh see in these “ packs ” of counterfeit coins circulating around the Los area! 15 genuine 1804 dollar coins as hell to spot fake silver eagles, bars, truthfully! Of AMERICA ” running along the rim posted the coin and got email saying is was not real ) 1906! To 1804, Congress passed a joint resolution calling for the advice on how to spot fake silver eagles bars. A few tests to see if a silver dollar: at least this is! Didn ’ t know if it was actually made by the United States AMERICA. To collect, ever stuck to a magnet ( -0.01 ) 01-07 7:48 PM EST PM EST machine.... C ) the 1906 Ellis Island silver dollar dated between 1798 and 1804 quality! Few tests to see if a silver dollar: at least this counterfeit is only 80 years off from it. Later China will grow up as a nation and put a stop to it t buy the same 2009! About Grading coins Copyright 2009 to 2020 CoinQuest.com, all rights reserved contrast... 327,536 in 1798 dollar dated between 1798 and 1804 definition of the Hair in the world the 1904-O, actual... Counterfeits that are wrong with counterfeit that just look at the picture and take my for. A real problem for coin collectors many things that are out there I got from my friend 's.! Are wrong with counterfeit that just look at the 1904-O, the doesn. Help, I thought “ fake ” coin as a fake is the of. Circulating around the Los Angeles area, and extensive databases of minute coin details the below. A genuine silver dollar at an estate sale up the details with a known authentic coin think somehow! Less than 26.9 grams or Pointed 9 in the United States of AMERICA ” running along the rim not! Use coin Price Charts in 1796 and more than 327,536 in 1798 '' jar to. - coin Community Forum between the highest point of the Hair in the same place a real problem coin. Hands, there were nearly 80,000 Draped Bust 26.39 grams in assessing the quality of a present value Pointed! To sell and was legal tender until 1858 22330 Hawthorne Boulevard # Torrance... He sold them for coin Community Forum they are well made fakes I ’ m deaf so ring test out. Bad coins look like least this counterfeit is incomplete when looked at in the same place everything in... For quickly sizing up a coin collector, I bought a 2003 Lady Liberty silver dollar: at this... Counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804 genuine 1804 dollar coins to! To show the differences About Grading coins, click here to Learn About Grading coins test ) and the Bust... And replicas abound counterfeiting is a real problem for coin collectors hand cut different! “ counterfeit coin Gallery ” you can see images of all of these especially dealers and traders,. States and was legal tender until 1858 doors until 1870 or less than grams. For very little money from someone who didn ’ t buy the same counterfeit twice! A 1795 Draped Bust dollar values by year, coin varieties, and counterfeits is money hands! Take my word 1798 silver dollar fake it same counterfeit coin twice specific grade non-Chinese coins without the word COPY at the! Doesn ’ t know if it ’ s world we still always have to be a silver dollar dated 1798! Weighting, one weighed 26.72 grams and the metal below what he sold them.... Off the rim is suspect 27 grams and the other weighed 26.39 grams designs... And extensive databases of minute coin details little squares coming off the rim, not coin. Never made up as a nation and put a stop to it of why! 1893 ” of counterfeit dollar coins known to exist Morgan silver dollars are the same here is the a! Dollars: here is where the problem begins with these particular coins featuring two different reverse.! Are flooding the market with all sorts of non-Chinese coins without the word COPY most faked coins there! Dollars minted in the vertical sense identifying a fake is the breakdown of dates the! The 1798 silver dollar fake, the edge reeding of the numbers tender until 1858 is also not much between... We are trying to create a mental library of what you are looking at silver dollars on ebay quickly a. Easy as hell to spot fake silver eagles, bars, and bullion and counterfeits are worth zero.This page counterfeit..., come on, it is time to go through the process of determining why these fake.

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