Subscribe to our newsletter to receive exclusive discounts and industry news. Jack D. Young. The example on the right appears to better match a genuine B-10 1799 Draped Bust dollar, but common markers between the two suspect examples reverses and to the 1801 and 1802 counterfeits cannot be overlooked. And of course, there is a 1798 version complete with matching family marks! These are sellers who solely sell minted, certified and .999 fine items of gold and silver. A look at ANY U.S. illustrated coin catalog for comparison pictures will reveal op's coin as fake. And the last, more of a half-brother if you would, is this 1799 correctly centered bust but the same reverse as the other family members which is wrong for a 1799! Counterfeit coins come in a variety of different forms, most of which are created either to (1) recreate a precious coin that is normally minted by a country or region or (2) modifying a regular coin to make it look more expensiveto harbor more numismatic valuethan it actually is. 16 watching. 1795 $1 Draped Bust Dollar Small Eagle PCGS F12! On the M of FM (the assayers initials) a depression appears at the top left of the M, and another on the bottom of the right base of the M, overlapping into the field. The word "LIBERTY" appears above the head of Ms. Liberty on the real coin. 42,738. Use a scale that is accurate to within 0.01 grams to measure the weight of the coin. This is the reason why it is nicknamed the Silver Liberty Dollar or Flowing Hair Silver Dollar. Lately I have seen similar coins and Morgan silver dollars from a company called Aprilera. The backstory behind this is very interesting. Either way, kudos to them for the success. The $100 question of the day: As a coin collector, how can you be certain that you dont end up purchasing a fake coin? It is currently priced in Coin. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Only buy coins that have been certified bya. Tengo una moneda de plata de 1795 pero no da el peso pesa 23 gramos a que se debe. https://kansascity.craigslist.org/c1222767.html. Also check the alignment of the bar code with the serial number. James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. The second test is to weigh your coin in grams. Stick around a while! Like this post? First there's a die break to the left of the date but also in the right there appears to be clashing causing missing stars. But on his way to the coin show, his car crashed . Upon further examination no 2 stars have the same shape. Im new on this site and need of your help. . It appears that the model coin was either a "ground. Ewww. And as for the counterfeiters mixing it up as I noted above, they appear to continue to alternate dies as they create the ultimate Draped Bust dollar errors! As I have previously stated in other articles one of the best ways to protect yourself from this type of fake for sale is to learn the series yourself. Is There Anyone Who Can Give Me $1 USD. (adsbygoogle = window.adsbygoogle || []).push({}); Counterfeit 1799 Trade Dollar Liberty Seated CC Reverse side. ! Typically they are too high or much too low. Thanks to all followers and soon more news to come. If it were genuine this kind of identifier would be well known. Counterfeit, fake coinshave been in circulation throughout the Americas. Therefore, only the more valuable coins are counterfeited using the struck fake method. Im not buying anything until I know more about these cretins. Free shipping. During the writing of this article, we were presented yet another example in a different selling venue: an 1800-dated example from Mexico. Diameter: 39/40 mm. This type of counterfeit coin is made by placing a plancheta flat, round metal disc from which a coin is madebetween two coin dies. The second option to test for magnetivity is to utilize a magnetic slide. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. For example, the very first coins made at the United States Mint were made from coin dies that were individually hand-engraved by an artist. Like the 1799 die-struck counterfeit dollars with the broken "R" in in LIBERTY. 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. Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. Of course, there are no off-center bust varieties for the year but here you have one complete with the fang marks and stamped REPLICA. We use user submitted pictures please read that article if you are interested in adding your own. This process will yield a coin that will give the illusion of a rare and more expensive coin. I was working on rebuilding an old house close to were I live in Illinois and I found this coin behind one of the walls i was braking down when i was picking up the broken old pieces of wood i saw it on the floor. Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. When shopping for a digital scale, youll want to find one that can measure to at least one one-hundredth of a gram (0.01), as youll want to ensure that your measurement is as accurate as you can be without requiring high-end scientific equipment. MINTAGE: 423,515 If the metal prices drop you will still have a coin that a numismatic would want to buy. Visit the link to learn more about each coin. 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, Bolender # B14 Lustre is slightly PL and not . All silver dollars produced by the United States Mint prior to 1935 weigh between 26.5 - 27.5 grams. Manley donates rare Jefferson document to ANA Library, New Zealand issues its Charles III effigy on commemoratives, Bank of England Charles III notes now in production, Mint sells years first platinum bullion coins in March, Coin World Thought Leaders Series: Chris Arbutine of Belleair Coins. Recently purchased on e bay two uncertified 1799 silver dollars. Around the outer edges of both the obverse and reverse sides . When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Coinflation. After assembling the equipment and preparing the coin dies, the Philadelphia Mint started production of the silver dollar in October 1794, when 1,758 coins sporting the Flowing Hair design were . There are two methods to increase the value of a normal coin to something rare and seemingly antique. If yours is in nice condition it will be valuable. sorry. Visit us first for a free evaluation. Upon further review, NGC had actually posted their article on September 16, 2014, so these have been out there for a while! DESIGNER: Robert Scot Martin Kurtz New Member. All versions are worth about the same, and with coins this rare its very hard to predict the value of one at auction. Diameter of 40.6 mm, or 1.598 inches. This area of study tracks the historical production of coins and both their cultural significance and impact. Was: $3,365.00. Mintage. Cast counterfeit coins are the most easily counterfeit detective coins of all. Weight: 27.0 grams. 1799 $1 (Regular Strike) Series: Draped Bust Dollars 1795-1803 PCGS MS66 View More Images PCGS MS65+ PCGS MS65+ PCGS #: 6878 Designer: Robert Scot Edge: Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT Diameter: 40.00 millimeters Weight: 27.00 grams Mintage: 423,515 Mint: Philadelphia Metal: 90% Silver, 10% Copper Auction Record: For those of you buying coins either for their historical, numismatic value or for their value in precious metal, you should know the basics of how to catch a counterfeit before being duped. In-depth overview of the 1799 Draped Bust Large Cent, including its key features, value and how to appropriately judge the coins condition. Therefore, if a 1943 copper colored Lincoln penny sticks to a magnet, it is an altered coin that is now counterfeit. On fakes, they won't. Look carefully at the accompanying documentation and packaging. These common marks have lead others to nickname these the vampire counterfeits, although there must be a genuine source example out there somewhere! Sabes que tengo una moneda igual en ptimas condiciones que me da ese mismo peso de 23 gramos. It Has No Year Mark. Michael Fahey is a senior numismatist at ANACS in Denver, Colo. Depressions, shown by arrows, appear on the counterfeit 1799 8-real coin on the M of the designers initials FM, and about ET from the reverse inscription. Very Worn 1998 50 Pence - What Caused It? A one-of-a-kind coin struck at the United States Mint in 1794 sold at Heritage Auctions last week for $840,000significantly more than its estimate of $350,000 to $500,000.. As the Associated . Coin Facts: Troy ounces weigh about 2 grams more than the standard ounce. The United States Mint purchased its first reducing lathe in 1833. The coin on this page is easy to recognize as a forgery as there are liberty seated trade dollars made in the year 1799. This is what I found to be suspicious. A genuine 1799 8-real coin was used as a model coin when the fake dies were produced, so all the details of the coin are accurate. This manufacturing process is the most tedious and expensive way to create a counterfeit coin. Tell them to check the ngc and pcgs websites for the serial numbers of encased coins. Pogue, who died in 2019 at age 54, acquired the coin in 1999 for . The Trade Dollar is a silver coin, and silver coins are not magnetic, so it definitely shouldn't stick to a magnet. Click here to see the most valuable coins ever minted. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. A dirty gray brown would be expected. 1799 small eagle reverse counterfeit As I have previously stated in other articles one of the best ways to protect yourself from this type of fake for sale is to learn the series yourself. Look for the seam Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. Here is a genunine piece with light circulation. Counterfeit coins come in a variety of different forms, most of which are created either to (1) recreate a precious coin that is normally minted by a country or region or (2) modifying a regular coin to make it look more expensiveto harbor more numismatic valuethan it actually is. The dentils are the first give away. Actually I think many many people agree with that. 1795 Flowing Hair Silver Dollar $1 - Certified NGC VG Detail - Rare Coin! Specifications Type: Draped Bust Dollar Year: 1795 Face Value: $1.00 Composition: 89.24% silver, 10.76% copper Silver Weight: .7731 oz. And next are the 1797s, as the family just keeps expanding! Around The World With Coins - A Coin Geography Game. Counterfeiters have taken genuine 1943 steel pennies and plated them with copper. Initially, people counterfeited coins to deceive merchants and citizens with the fake currently circulating coins. and more. I have been studing the coin for some time now,reading everything I could fined including the The United States Early Silver Dollars, by Bolender. PSA | Call or visit your local coin dealer for more information. Make sure that the denomination and the actual weight match up. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Regardless of the casting method used, a low-quality counterfeit always results. Gold & Silver Coin Investment vs Bitcoins. Genuine Or Fake? To Check Or Not To Check The PCGS Variety Attrib Box: 1837 Small Date H10c No Stars, For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 1999 Proof & Uncirculated Susan B Anthony Lot, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, For Sale: Canadian - 2007 Baby Keepsake Tins And Sterling Silver Dollar / Unbroke Set, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Coin Community Selling Rules - Updated Feb 23 2023. Struck coins usual make for some of the most unrecognizable counterfeit coins, as the process through which they are produced is quite similar to how mint manufacturers produce their own coins. $3,999.99 $19.99 shipping or Best Offer 1800 Bust Dollar NGC XF-40 $4,770.00 This is one of the more preferred methods of making counterfeit coins because of the ease it offers to producers, wherein the authentic coin can be readily used to create the exact replica castall without causing any damage to the original coin. And this one sports a realistic-looking die break. White circles indicate common markers; note: the breaks at stars 4 and 5 are common to the genuine variety and duplicated in these two as well. Either way, since it is not marked as a copy, when they took your money, they committed a crime. This example is illustrative because both gold and silver are diamagnetic metalsmetals that are repelled by large magnetic fields. More experienced counterfeiters will use a centrifuge to ensure that the molten metal flows to the farthest recesses of the mold. If it were genuine this kind of identifier would be well known. The first is to have access to detailed specifications of a genuine coin. Well never sell your information to third parties who will abuse the opportunity to send you awesome stuff. This is the biggest immediate give away to me plus the overall appearance & color of the piece. In this installment, I will present and summarize a fourth family series, this one based on the 1799 B-10/ BB-163 large eagle reverse dollar. Tags: avoid fake, counterfeit, fake coins, how to spot fake fake coins. 5 Must Have Books For All Coin Collectors. Recently a version with the 1801 date had been seen for sale on the internet. I tried the magnet and it does go dawn slower then the other none silver coins at about a 45 degree angle. The 1802 Draped Bust dollar. However, their weights were 26.72 grams and 26.39 grams. Is This 1799 Silver Dollar A Fake - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. In a discussion at the 2019 Dayton EAC Convention on counterfeits, we talked of three families of fakes: the 1804 C-6 half cent set, the 1833 N-5 large cent set, and the 1795 off-center bust dollar set. *** [?]. It appears that the counterfeiters are mixing it up as they strike additional examples. If anything seems inconsistent, its best to inquire elsewhere. Click here to Learn How to use Coin Price Charts. And review similar items on the internet: major auction house sales archives and NGC and PCGSs variety pages are great online resources. Thank You. And review similar items on the internet major auction house sales archives and NGC and PCGSs variety pages are great online resources. One Of The Coins A Draped Bust Silver Dollar. Copyright 2023 Provident Metals Corp. All Rights Reserved. No more, no less. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. Total Weight: 26.96 grams Current Silver Bullion Value: $19.97 The US minted the 1795 Draped Bust dollar with no mint mark. When purchasing coins, you want to ensure that you are purchasing them through sellers who have a notable reputation within the field of selling bullion, numismatic coins and more. Grading Coins Coin Grades Past & Present. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. It took 0.46 seconds to rattle this change. Can you give me more information CaptHenway? CU | Want more info? Finally, look carefully at the coin with a high-powered magnifying glass or stereo microscope. Silver Coin. Selling fake coins violates the Hobby Protection Act. The fake shown here exhibits a number of depressions on its surfaces. Counterfeit 1799 Trade Dollar Liberty Seated CC Obverse side. The types of metals used in this process will vary, but it is important that producers have a mixture that is good enough to match the surface color of the original. The counterfeiter can create the coin dies by engraving them by hand, using the spark erosion method, a one-to-one transfer engraving lathe, the plating method, or the impact technique. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins Is This 1799 Silver Dollar A Fake Next Page | Last 15 Replies The Lucky Penny Website says that Ally . In a situation such as this, be sure to do as much research as possible about the common marks and designs that are consistent with the piece you are considering buying. Draped Bust Dollar's produced in 1799 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. It's a very poor fake. In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. I have seen rounds that look like that, but they had the weight and fineness markings on the reverse. How Do I Tell If a Two Headed Coin Is Genuine? its suspect he has 4 of them? one in certified mint state (MS+) condition could bring as much as $22,118 at auction. Doug Beech (O wner) 250-378-7392 Don Gossoo Managing Broker Bailee Allen 250-315-9648 Brad Yakimchuk Per sonal Real E st ate C orporation 250-315-3043 Jared Thomas 778-694-6804 #102, 2840 Voght . During the writing of this. I also see it around the eagle and lettering on the coin. The Draped Bust design, like the Flowing Hair type, represents a visage of Miss Liberty. - Last updated: June, 10 2022 Year: 1799 Mint Mark: No mint mark Type: Draped Bust Dollar Price: $796.00-$22118.00+ Face Value: 1.00 USD Produced: 423,000 Edge: Reeded Some high-quality counterfeit coins have even fooled expert numismatists. Problem is it looks worn, like it was meant to deceive. As I have continued to state in my other articles, one of the best ways to protect yourself from this type of fake for sale is to learn the coin series yourself. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ? Quick Links: We have documented several dates with the same reverse and "attribution marks", all obviously counterfeits. Silver weight is measured in troy ounces. If you see a similar coin with this date it is always a fake since there were no real trade dollars minted in the year 1799. 1801 double strike image courtesy Rob Oberth, Authors off-center strike example and image. It does have some value, just not numismatic. The art and deception of counterfeiting coins have been around since ancient artisans first minted coins in 600BC. The lathe was the first step in automating the production of coin dies to ensure design consistencies for the entire year of production. Welcome to the boards and return that as quick as you can. Late in 1795, the Draped Bust dollar design by Robert Scot replaced his former Flowing Hair motif that became the first design on any official United States silver dollar. Improving Your Counterfeit Detection Skills, Lincoln Wheat Penny Key Dates, Rarities and Varieties. If you happen to find any incongruities, it is likely that you are handling a fake coin. 1799 US SILVER DOLLAR DRAPED BUST ANACS EF40 STUNNING COIN $1 XF40 PQ Toning $6,495.00 Free shipping 1800 Draped Bust Dollar ANACS XF40 Details Rim Bumps $3,750.00 $12.00 shipping or Best Offer 1799/8 Draped Bust DOLLAR *PCGS XF* 13 Reverse Stars *SUPER FAST SHIPPING!!! As I noted in my past CoinWeek article on the 1795 off-center Bust dollar fakes, my discussion at the 2019 Dayton EAC Convention on counterfeits included three families of fakes: the 1804 C-6 half cent set; the 1833 N-5 large cent set; and the 1795 off-center Bust dollar set. USA Coin Book Estimated Value of 1799 Draped Bust Silver Dollar (Irregular Date - 13 Star Reverse Variety) is Worth $1,429 in Average Condition and can be Worth $25,563 or more in Uncirculated (MS+) Mint Condition. Inspect for evidence of alterations that may include the addition or removal of a mintmark that would make the coin more valuable. Seated Liberty Dollar Values - 1840 to 1873 - Classic and Rare A classic silver dollar but rarely encountered. I ve been a collecter for over 50 years and my eyes almost came out of my head when I saw the coin. A digital electronic scale will help you measure the weight of your coin to within two decimal .
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