Very Fine grade representatives of most all ‘dates’ could be purchased for less than $2,600 each, considerably less in some cases. 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… It is not unusual for a collector to take years to finish a set. $100,000 everything is fake. Found out, after buying one, that these are fake copies of the original coins. So far in 2019, Stack’s-Bowers has publicly sold nine 1798 ‘Pointed 9’ dollars and zero 1798 ‘Knob 9’ dollars, according to this firm’s online archive. Slight variances are typically within the margin of error for these coins, but any substantial differences should be reason for concern. A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. Only a very small number of people may seriously seek to build sets that are almost complete by die pairing of Draped Bust Small Eagle and Heraldic Eagle dollars. Counterfeit 1804 Draped Bust Dollar … Ever since the 1850s, dealers with varieties in inventory have had a motive to persuade editors, cataloguers and publishers to represent barely noticeable varieties as ‘major varieties’ that are needed for a typical set of a given design type. Genuine trade dollars were minted between 1873 and 1885. How about this one? Side Refine Panel. Most of them are fakes, because genuine coins are so valuable. The 1800 “Dotted Date” does not feature a decimal point or a period. It is easy to build a set ‘by date’ including major varieties that are logically classified as distinct dates. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. Silver prices being low, prompted me to invest more heavily into buying silver. Produced and sold for collectors, there are a variety of silver dollars available with proof and uncirculated finishes. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. 1800 Fake USA Silver Dollar - Reverse. Even with five-times magnification, it is very difficult to see these lines, which are not well detailed anyway. So far this year, Heritage has publicly sold around seventy 1799 7x6 dollars and just three 1799 8x5 dollars. Coins minted by the Philadelphia mint are the only coins that don’t contain a mint mark, and are some of the most commonly minted coins, so it’s common for most Morgan silver dollars to not contain mint marks. Discussion in 'Coin Chat' started by Mountain Man, Apr 24, 2020. Indisputably, the 1802/1 is an obvious overdate and a date that is distinct from the regular 1802. I prefer the coins because they can hold collectors value also. If your coin looks like our picture, Esmie, it is a counterfeit of a US trade dollar. Weight: 26.96 grams. MS60 to -62 grade 1801 and 1802/1 dollars tend to bring significant premiums. For 1798 Heraldic Eagle dollars alone, the “2019 Red Book” lists eight varieties. Shop by Category. She had a fake 1800 Bust Dollar, which I posted yesterday and found out it was a fake. These helpful hints will help you to quickly identify if you’re in possession of one of these coins, so that you will receive protection under the buyer protection afforded under most online auction sites. Magnetic Slide Test. It is also possible that a fissure came about that coincidentally appears as a somewhat vertical thin shape after the word “AMERICA.” Either way, this is not a letter and not an indication of a design change. Your identity will be restricted to first name/last initial, or a user ID you create. There is no dot and there is no difference in the date; the 1800 “Dotted Date” is just a minor die variation, which has received undeserved attention. At least two leading price guides value the 1798 ‘Knob 9’ and ‘Pointed 9’ the same in grades from G4 to MS63. From January 1 to October 22, 2019, Heritage has publicly sold sixty-four 1798 ‘Pointed 9’ dollars and just four 1798 ‘Knob 9’ dollars. Listings of minute varieties discourage people from collecting particular series. The weight of an uncirculated Morgan silver dollar is 26.73 grams. Enter your e-mail and subscribe to our newsletter. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. Indeed, there is just a small, somewhat round, lump awkwardly below the first zero in the date. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. The layout of stars affects the whole appearance of the obverse. 1795 Draped Bust Dollar, real or fake. These silver dollar coins … Coins composed of other metals, such as aluminum, don’t have a rich or enduring sound like silver. Posted on December 20, 2016 Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by … On March 1, 2019, Stack’s-Bowers auctioned an NGC graded VF20 1802/1 for $1,680. Visit the web sites of these great CDN Sponsors. With the possible exception of the 1798 Knob 9, representatives of each in XF40 grade could be acquired for less than $5,000 each, maybe two or three for less than $4,000 each. Another factor to consider is that the metal content of most fake Morgan silver dollars differs from the 90/10 silver/copper composition of authentic Morgan silver dollars. This variety brings a small premium on average. 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. Both tradition and logic dictate that these are two different dates of the same year. All the rest are counterfeits, and counterfeits are worth zero. Evidently, there was much corrosion in the die in this area and/or the die chipped or peeled because the die was poorly made. Here below are the images from an authentic and a counterfeit draped bust silver dollar coin, both showing the year 1804. Mountain Man Well-Known Member years to finish a set ‘ by date ’ including major that... Heritage has publicly sold around seventy 1799 7x6 dollars and represent the commonly! ’ differ in shape and style yesterday and found out it was a coin... 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