On the top, the edge reeding of the counterfeit is incomplete when looked at in the vertical sense. 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. Again, we are trying to create a mental library of what good coins and bad coins look like. 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. 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. The problem with this coin is that excellent quality fakes and replicas abound. When we look at the 1904-O, the letters look like they were stamped hard and the uniformity among digits is very obvious. What metal are the fakes mostly made out of? People also love these ideas TY Look them up on the Internet. 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. 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. Thank you for your advise and explanation of the differences. Now it is time to get numismatic. These are large, heavy, silver coins that run from 1798 to 1804. Fourth Step: Is the Coin Mushy, Irregular, Bumpy, etc…. If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. Dd bust silver coin 1799 munity forum 1799 bust dollar study grade and coin munity forum 1799 dd bust silver dollar authentic only pictures i have coin munity forum 1799 1 b 13 bb 151 irreg date stars regular strike dd bust dollar pcgs coinfacts contemporary fake silver dollar 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. Remember, it doesn’t matter if it is only $25, if it is fake, it is your hard earned money that you are wasting. 1878cc broken star, not graded(pic), 1878s AU50,1979s MS63, 1879s MS63, 1880s not graded,1880-o AU58 cleaned, 1880sMS64, 1884-o ungraded, 1884ccMS63 and 1884cc uncirculated, 1884s EF40, rim bump, 1885 MS 67and 1885 MS61,1887 MS64, &nbps; So cleaned (3) coin in jewery cleaner, the three coins lost 4 grams each. Do not use other services.Check the image below: Copyright 2009 to 2020 CoinQuest.com, all rights reserved. Are there real 1799 draped bust dollars? The first is to match up the details with a known authentic coin. I don’t know if it’s real or counterfeit. Everything is in the same relief and letter and devices are in sharp contrast to the the planchet. I have what might be a counterfeit 1799 Liberty Silver Dollar I got from my late Dad that was mixed in with his collection. Are there fakes out there? Your coin dated 1798 is a Spanish 1/2 Real (pronounced ray-ál) with the portrait of Carlos IV of Spain. Counterfeiters are using much less sophisticated machinery and therefore it shows. It is NO good. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. 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 … Click here to Learn How to use Coin Price Charts. Denticles look too variable and the rim is suspect. That he needed cash and fast! On good side…Only seven dollars bid (shipping included) “won” them. It depicts a realistic eagle surrounded by a wreath with “UNITED STATES OF AMERICA” running along the rim. 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. Cant tell if this is genuine. It was minted at the Mexico City Mint, the initials F.M belong to the assayer, the person in charge of making the coins. PCGS The Standard for the Rare Coin Industry. Not knowing, several years ago I posted the coin and got email saying is was not real. 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. Now it is time to go through the process of determining why these are fake. Jewelers will often weigh your coin on their precision scales. Take thm to the police due to the measure of details so.eone has done? 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. But…..silver coins do not stick to magnets! And what would a circulated 1884 Morgan dollar weigh? 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. 5.0. Thanks for the advice on how to proceed in assessing the quality of a present value. Below are 14 ways on how to spot fake silver eagles, bars, and bullion. With that said, in today’s world we still always have to be very careful, especially dealers and traders. They passed the magnet test (and the sliding magnet test) and the diameter test. Counterfeit (fake) 1798 Draped Bust Dollar - Coin Community Forum. 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. Third Step: Does the coin weigh the wrong amount? Extremely helpful. The good thing is that crude fakes are as easy as hell to spot once you have seen a few. 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? Free shipping. The “1893” of the counterfeit example has digits that look almost hand cut with different sizes to the numbers. 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. This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. Found it in Father in Law's old "collection" jar. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. 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. “CC” stands for Carson City and here is where the problem begins with these particular coins. 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. In some cases, just a photo of the counterfeit is offered with an explanation of what you are looking at. There are so many things that are wrong with counterfeit that just look at the picture and take my word for it. 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. 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 No fake that I have,I bought them strictly to collect,ever stuck to a magnet. George Washington could've held it. Just (won) bought (4) 1896 Morgan Dollars off Topphatter 90 second bidding. Either these crooks are getting very very good at making fakes now. Two types were struck in 1795, the Flowing Hair and the Draped Bust. &nbps. Also, click here to Learn About Grading Coins. 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. If you have US Silver Dollars of any type, date, or mintage to sell, American Rarities Coin Company wants to buy them! The first was minted from 1795 to 1798 and is known as the Small Eagle design. 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 …. The following photographs are meant to show the differences between these attributes on a counterfeit example and a authentic example. 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. Use extreme caution if buying one of these. These professionals use advanced techniques for their work, including specific gravity tests, microscopic examination, and extensive databases of minute coin details. Is there any value in them, they are well made fakes! Here is a listing of 1798 silver dollars presently for sale on eBay, in a … Contrast between the devices and fields. However after going over and over with all the points and signs of not being real were, I have only this to say- [Opinions?] ... 1798 Draped Bust Large Cents. 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. I would like to know what should I really do? 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 ? Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. This is a 100% genuine coin. B) The Large Washington Head silver dollar: This counterfeit, more than any other, makes me laugh every time I see it. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. The difference is huge! In the two images above we see one of the classic ways to instantly rule a coin as a fake. I can tell you that once you have felt it, it is a key characteristic to quickly rule a coin a counterfeit. I enjoyed reading the breakdown. 1799 Draped Bust dollars are the most common in the popular Draped Bust dollar series. So…I guess the coins are fake. And the 1799 dollar is one of the most faked coins out there. a cool silver dollar from my friend's collection. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. In China, they have a similar law, but only for Chinese coins. 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. I do not know if it was genuine or fake and what may have cost. 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. 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. The denticles are the little squares coming off the rim, not a dental tool used to scrape plaque off your teeth. Seconhttp://meridiancoin.com/wp-admin/post.php?post=1315&action=editd Step: Was the coin even actually made by the U.S. Mint? The varieties can largely be classified first as having a Knob 9 or Pointed 9 in the 1798 date. 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. 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. 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. Excellent pointers with very good comparison pictures. 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. 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. What metal are the fakes mostly made out of? 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'm not a coin collector, I would like to sell. Don’t think that somehow there is a reason it could still be real. date. Saved by Coin Community Family. but where there is money trading hands, there will always be fakes, frauds, and counterfeits. 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? Draped Bust, Small Eagle (1795-1798) Not sure where to go from here. 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. I purchased two (2) 1799 draped bust silver dollars on ebay. Spanish silver circulated freely in the United States and was legal tender until 1858. 1892-s EF45 and 1892cc not graded. Your email address will not be published. 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. There are only 15 genuine 1804 dollar coins known to exist. 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. There is an enormous amount of counterfeit coins circulating around the Los Angeles area, and truthfully in the world. Weakness of strike is plainly seen here. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. A good way of quickly identifying a fake is the get a precise weight in grams. Dieter. 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). Jewelers will often weigh your coin on their precision scales. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. 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. But right now counterfeiting is a real problem for coin collectors. Appointment Only. Lettering is off and grainy. 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. At this point, we have three really good techniques for quickly sizing up a coin when one first views it. 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. 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”. Absolutely. Thank You, Where is the best place to buy real Morgan silver dollars. Should I be worried? 8x5 stars, no berries, regular (?) Here the detail is sharp. My forensic skills are limited to weighing it at 27 grams and making sure it doesn't stick to a magnet. Could they be real at that weight? The second attribute we can see in the comparison of these two images is the definition of the numbers in the date. Tried getting some more context for it. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. 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. 22330 Hawthorne Boulevard #C Everything in the same relief. 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. Just the overall sharpness is apparent. New Dollar Wallpaper HD. One variety features a knob on the lower curl of the 9 and the other variety features a pointed end with no knob. Each reed is equal proportionately and the depth and vertical reach are the same. 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. 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. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. Is the movement characteristic of a small thin sliding magnet test on a tilted standing silver dollar on it’s edge foolproof? Silver dollars are enormously popular, so this short, small series truly was the start of something big. Ratings and Reviews. However, when weighting, one weighed 26.72 grams and the other weighed 26.39 grams. 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. 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. No ferrous metal in them, sharp letters, clean appearance, . Torrance, CA 90505 Get Directions. 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