It is without a doubt a modern fake. Most fakes I've seen usually have reeded or plain edges. Posted 08/08/2012 1:33 pm Yep this is a counterfeit. One of the club members showed up to last Tuesday night's meeting with the same variety of Chinese 1796 silver dollar with the bust too far to the left. × Not often does one see a mint state early 1796 Silver Dollar. 1797 die crack across chest. A Couple People Said To Take Better Pictures So I Tried To.... (1993 Quarter), Medal Monday: 1826 Erie Canal Completion Medal In Gold, NGC PR62, Lesher So-Called Dollars: Octagonal Territorial Silver Coins From Colorado, Who Was C. Scribonius? Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. If you find a 1955 Doubled Die Obverse Lincoln Cent, you can balance your drawer with a cent from your own pocket. What is your 1796 liberty silver dollar worth? 1797 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. July 2, 2009 There were no US Trade Dollars minted in 1796. On this one, from the famous Whitney Collection, the central devices on both sides are lighter than the peripheries. Free shipping on many items | Browse your favorite brands | affordable prices. The prices, though high from the perspective of most coin collectors, are probably more understandable when taken in the context of the relative scarcity of 1796 Draped Bust dollars and, really, all early American dollars. Here's commentary on how to detect one. The true way to identify fake coins is through their weight, fake coins are silver washed over copper, and weigh around 18 grams whereas a real Trade Dollar will weigh 27.22 grams (0.96 oz). Fake Old 50 Dollar Bill. Pasted as rich text. WOW too bad its fake, I would buy a copy just for a reference if I could find a cheap one..... that one was pretty obvious bad casting color is all wrong etc and wow dont even get me started on the reverse haha. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. I thought I would see what you all think Genuine or a great fake ... from the 1700's ... and i like the dollar because it's big ... i know that's a stupid reason! Here are some counterfeit die variations of trade dollars I've spotted. Worth - USA 1 dollar 1795-1798, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. The bank cannot let this out of their control. To her back stands a shock of grain. 1799 die break at rim and on nose (wart-like) Better 1799 die crack in Liberty and funky shaped star. You can post now and register later. Given the surviving pool of 1797-dated silver dollars, the reported annual total of 7,776 pieces is way too low. Get the best deals on 1795 Silver US Early Dollar Coins when you shop the largest online selection at eBay.com. - Duration: 2:21. ... trade it in, give it a second life : The coin is counterfeit. LostDutchman Under Staffed & Overly Motivated Supporter. Found a 1797 trade dollar at the bank the other day. Even ignoring the mushy strike and variations in design, the edge is all you need to look at to know it is fake. The bank actually didn't know about it. The first is to match up the details with a known authentic coin. The prices, though high from the perspective of most coin collectors, are probably more understandable when taken in the context of the relative scarcity of 1796 Draped Bust dollars and, really, all early American dollars. The 1796 Draped Bust dollar is a very expensive type coin that is generally collected by financially well-heeled coin collectors. People in society. If it does not have a lettered edge, it's fake. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. Most Mint State 1876-S trade dollars are in the MS-60 to 62 range, as reflected by the estimated population of 900 to 1,800 or more coins. 1796 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. The 1796 Draped Bust dollar is a very expensive type coin that is generally collected by financially well-heeled coin collectors. 2018 D Lincoln Cent What's Up With This Penny? Flowing Hair Dollar Counterfeit/Fake Comparison The above is an image of an authentic Flowing Hair Silver Dollar, Small Eagle Reverse, and it's one of the top counterfeited coins. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $794, while one in certified mint state (MS+) condition could bring as much as $59,548 at auction. I knew a bank officer who was an accomplished numismatist and his personal collection ran to National banknotes. ... Additionally, this die variety has a small date, small letters in the motto and is the rarest of all 1796 Draped Bust silver dollars 10 of 15 #6 1866 Proof Liberty Seated Dollar, No Motto . A common issue: Although MS-64 and finer coins are fairly scarce, in MS-60 through MS-63 grades this is the third most common circulation strike trade dollar. The Draped Bust Half Dollar was struck between the years 1796 and 1807 with two different reverses.When considered separately, the first reverse issued from 1796 to 1797 featuring a small eagle is considered one of the most famous types in all of American numismatics due to its rarity. Many tellers do this. I get that. ... A real 1796 Draped Bust dollar depending on type and condition has values from $1,300.00 to about $100,000.00. Professional Coin Grading Service (PCGS) Just because some people - or a lot people - break the law is not your permission to join them. PhilCarr, March 23, 2011 in Fake Coin Forums. The best place to start is to use a magnet. Any insight? It does not look authentic to me. Most Mint State 1876-S trade dollars are in the MS-60 to 62 range, as reflected by the estimated population of 900 to 1,800 or more coins. The 1885 Trade Dollar is one of the rarest issues in all U.S. coinage. 1798 missing bottom of L and bust is too small. ... For those with a less educated numismatic eye, a good way to quickly spot the fake dollars and halves is to look closely at the edge. Get Talk Tokens for every Post!. 9 years before it is replaced due to wear. Are there fakes out there? That also applies to you: it is illegal to sell counterfeit US money. There were no Trade Dollars struck in Carson City in 1799. By 1796 Early Silver Dollar (1796 S$1) Large Date, Small Letter, NGC MS62. Fake counterfeit coin company. Below you will find some tips on detecting fake trade dollars. Well, even though it is a fake, I will put it with the rest of the fakes I have and use them to educate others on Numismatic Forgeries and fakes! By 1876, mine owners in western states were dumping massive amounts of silver onto the market, sending the silver price into a tailspin, dropping the intrinsic metal value of a Trade Dollar ⦠Dated 1796 and 1797, with a combined mintage of only 3918 pieces, of which maybe 250 survive to this day, the Draped Bust Half Dollar is a prize for coin collectors. Trade dollars were issued by the US government for use outside the country, where local coinage was unavailable or unreliable. Thank you! Learning The Story Behind The Coin, Country Of The Day: Angola, Maria I Silver 1796 8 Macutas Graded NGC VF35, 2020 American Eagle Silver Dollar, What Do I Have, 1972 Different Obverse Plancent Positions, Walking Back In Time From 1600 To Antiquity By Decades (V2.0). A set of all three is not too hard to assemble. I understand that often, banks do not care about numismatics as long as the accounts balance. A great site on draped bust dollar fakes: Doesn't look even close to what it should look like. 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