- Duration: 4:08. My question is I i post the picture of that dollar here and some how its no a legit dollar or maybe stolen. I don't think anyone here is likely to be able to give you legal advice. One of these 1804 silver dollar coins was auctioned at a whopping $3.7 million. There are also a few varieties of these coins and only around 20 … Thus, identifying an 1804 counterfeit can be quite straight forward. You won't get in any trouble for posting a picture of a fake. A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. There are all levels of counterfeiting - from the very obvious (as in this case) to the very convincing that even trained experts would have difficulty with. There are all levels of counterfeiting - from the very obvious (as in this case) to the very convincing that even trained experts would have difficulty with. 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 the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Things to look for are material, weight, crispness of design, etc. 1804 Draped Bust Silver Dollar-- Real or Fake test! How much is a 1935 e silver certificate one dollar bill worth? Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. You need to be a member in order to leave a comment. Farewell ("real Expert"). With regards to the 1804 silver dollar, it was never a circulated coin. And I haven't even looked at the rev yet. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. Another question here, As silly as this may sound, is there any possibility that the coin is still a real coin but just a regular old coin. On Thursday, they marked their best finish since Sept. 18. & the fact that you are NOT a coin expert just a new collector should not effect your nonsense  expertise on respecting and  believing people's stories. Th... How much is a lady liberty silver dollar coin worth? This is sometimes known as the "King of Coins". I wanted to sure I'm on the safe side for doing that favor plus I'm not a coin collector so my knowledge in this field is very limited. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. All 1804 dollars were struck either as presentation pieces, or specifically for collectors.The 15 known examples are all accounted for. The 1804 dollars have had little to do with Iran. First of all, the odds are astronomical against it being genuine. Type: 1804 Dollar Year: 1804 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 19,750,000 [ Silver Content: 90% Silver Weight:.7735 oz. We know that there is many fake 1804 Silver Dollars around, but, the story behind this coin suggests that it may be a genuine one. The last U.S. Mint record before the 1804 silver dollar shows that the last silver dollar coins produced were in 1803. The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. There are a lot of scammers out there so be careful.... How about the 1804 liberty from China does anyone have information about them? If you look at the picture on Wikipedia and that link you sent and carefully compare the two I don't even think you will need to weigh it. Recently when he was showing me his coins, I saw this Liberty coin, and as a person who don't have any knowledge on coins, found it quiet big and heavy and wondered why there is no sign of value on it Then the geeky person inside me encouraged me to search Wikipedia to find out whether there is any article about it. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Seriously, Is This a Genuine or a Fake 1804 Silver Dollar?. If yours weighs more or less than 26.9 grams, it's a counterfeit. Counterfeit 1804 Draped Bust Dollar – Reverse Side It might be wise  to look a bit closer before attacking someone who did nothing wrong. This post was chosen to be featured as a blog, By entering this site you declare This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. Back in the 1960's and 1970s, two pieces went missing after they were stolen from the du Pont collection. I would start here. It's easy! I guess I should apologize??? Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. After which I found this article: https://en.wikipedia.org/wiki/1804_silver_dollar. It isn't a real 1804 dollar. When you start comparing the two coins closely, you will notice a lot of things do not match up on your coin. All he did was agree that the original coin in this post was not real. I have a replica that is very close if not identical to yours. The 1804 Draped bust Dollar is classified as different restrike proofs, and when one enters the market it creates a large "buzz" in the numismatic community and will sale for 2-3 million dollar or more. In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. The acclaimed "expert" is clearly not an expert at all (if this is a true story, which I doubt that it is). In general very soft details and slick surfaces. Damn, I fell for old, outdated post again. I personally don't know where that person got that dollar from? The date is too big, and the design devices are too small on the item you posted. I have a 1804 US silver coin . 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. So he asked me if I can find out how much its worth? I showed that article to my friend, and he said that he was told that the coin is extremely valuable by a coin expert, who also asked him to sell it to him for a hundred thousand dollars. ( only on the coin). Those boxes don't look very sturdy (remember, coins are quite heavy in these quantities, even fake ones), yet the coins are transported to coin shows in these cases. FIVE WAYS TO SPOT A FAKE COIN. But on a side note ... there are a great amount of differences in that and a known to be genuine 1804. Did you weigh it and measure it? Even a cursory glance at an image of a genuine one will make that obvious. The piece you posted in your photo only resembles the real thing. Just a souvenir or conversation piece. This is not a real, or genuine, U.S. Minted coin. Therefore, once again, it cannot be real because it was never made. I asked my friend to take pictures of it so that we could find out the true value of this coin. 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. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. Unfortunately, your coin is a fake. The back says E pluribus. He was not talking about you, your story, or your coin. There are none of the known genuine coins that are stolen at the moment so there is no chance of it being a stolen specimen. Will I didn't ask for your opinion on my story sherlock Holmes. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. 1798 silver dollar then here is what I know is a fake that I did not catch before I bid on it and that is a 1796 silver dollar that you would think was the real McCoy until you look at the reverse....the 1796 came with a small eagle on the reverse...the heraldic eagle did not start until 1798 and here is the link to check that one out I think you need to learn about social communication skills and leave the coins to the real EXPERTS. Another was sold for $4.14 million. The hair from Anne Bingham is not the same at the top and other spots. Who knows?" To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. So I'm giving to understand that it is definitely not a genuine 1804 Silver Dollar. Please i need advice i don't wanna do somebody a favor and get in trouble on the other hand. Hi I have a Liberty Silver Coin 1804 how can I know if its real or fake. New to this forum, not new to social communication or petty name calling. There are to many differences. Thank you @Just Bob for pointing that out (and your post). Most of them are silver-colored (although probably not made of real silver), and a few of them are made of copper. The 1804 silver dollar was designed by Robert Scot. And how does one kno... How much is a 1804 silver dollar coin worth. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. I am not saying it's stolen though. Draped Bust Dollars were the second type of silver dollars minted in the United States. There are a ton of fakes of the 1804 dollar as it is a well known extreme rarity. Answer: If it is a class “A” copy from the 1804 dollar, so it looks real for many non-coin experts the value might be between $25 to $100 on the market. You'll see it doesn't even look like the real thing.....fake fake fake! 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 $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. Of course, you won't see these boxes on the coin show trading floor. you read and agreed to the. Unum. The location of all of the 15 known 1804 silver dollars are known. A friend of mine, who is an amateur coin collector, have a small collection of US coins. Try sticking a magnet to it, silver is not magnetic and I'm betting this coin is made of some sort of base metal. Do you have a link to a particular coin? On 6/27/2013 at 12:43 PM, Deerefan8420 said: On 9/12/2018 at 3:45 PM, Adventureneverstops said: On ‎8‎/‎27‎/‎2018 at 10:44 AM, Adventureneverstops said: https://en.wikipedia.org/wiki/1804_silver_dollar. No. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. © 2017 Numismatic Guaranty Corporation Jewelers will often weigh your coin on their precision scales. I get mad every time I see those pictures. The date font is wrong, the stars are wrong, the bust is too small, the border denticals are wrong, and it has raised blemishes in the fields. Here is a photo of a real 1795 Draped Bust Dollar that has been graded and authenticated by a professional grading service ( PCGS). Elsewhere, silver for March delivery declined 14.8 cents, or 0.6%, to end at $26.033 an ounce. If you have a known, legitimate coin and receive one you believe is fake, compare the alleged counterfeit’s diameter to that of your real coin. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. However, if you have reason to believe that the coin is stolen or counterfeited, especially if you are enabling these guys to entertain the fantasy that it's real, then surely you are concerned enough to contact the authorities and see if it also concerns them. pls say me it is real or fake. You're story is also quite difficult to buy, just like the coin. I would suspect that the story told to you is almost if not equally as fake. By using the visual test, you can identify several red flags to weed out the counterfeit eagles. The location of all of the 15 known 1804 silver dollars are known. Any future offerings of 1804 dollars are something I would run from. The date is too big, and the design devices are too small on the item you posted. This coin was produced as a counterfeit to do what it has done already, to fool someone who is not knowledgable enough to know the difference. Hi, I have a 1804 silver dollar coin. So assuming that the coin is a replica of a genuine example (I'm not quiet convinced yet ), does that means the story I just told about that coin is nothing but a joke? The differences are many and obvious. The problem is that some people are grinding the motto off regular coins and passing them off as real — and it may be at YOUR expense! The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. Sign up for a new account in our community. It's not impossible that if one of these 1802 or 1803 silver dollars were marketed as `the real 1804 dollar,' struck during 1804, it would bring more. But I am wrong more than I am right so go for it. The reeded edge is a good starting point, as all 1794-1804 dollars have lettered edges. The letters are different. I'm trying to figure out that is there any possibility that the story being told to my friend is a true story, because he has dozens of US coins and to this date he believed that all of them are real US coins. Scott A. Travers of New York City, a nationally known coin dealer, author and consumer advocate, pondered the price disparity as the Childs Sale approached, then offered some observations on the subject. It's silly that this discussion has gone on so long. Authentic 1804 Draped Bust Dollar – Reverse Side. It was actually produced 31 years later in 1834. The interesting fact about the 1804 silver dollar is that it wasn't produced in 1804. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. 4:08. The Fascinating Story Of The Rare 1804 Draped Bust Dollar & How To Spot Fake 1804 Silver Dollars. You can see font differences alone on both the obverse and reverse should be enough to spot the fake. I am just saying that I don't know where it came from and how!! The coin pictured looks nothing like a genuine example. How much is a 1804 silver dollar worth? Well apparently, it is magnetic. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. The History of the Draped Bust Half Dollar - Duration: 2:19. I have 1804 LIBERTY silver dollar coin(class 1)>I wish sell this silver coi... How much is a dollar coin with no date worth. Lest you think spotting fakes is easy, take a look at this 1884-S Morgan Dollar. A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. That should help in determining the value. If it is a US coin, and it is from China, there is very little possibility that it is genuine. The 1804 was never a circulated coin so any wear at all would be a tell from the start where its concerned. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. The only thing definitely genuine about the original posters dollar is that it is a fake and not a very good one either. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. BTW, I've collected for over 40 yrs. Bob is absolutely right, it's a fake, unfortunately. About eight years ago the chinese counterfeiters got a genuine 1795 dollar that had some distinctive contact marks and they used it to create an undated hub. I've attached your coin (above) and a genuine one here from PCGS. Silver futures soared 8.1% this week after sliding 0.7% last week. The coin weighs 27.50 grams and measures 45 mm in diameter and is 2.5 mm thick. And if by some chance it is genuine, the authorities ar NOT going to come after it. I asked him about the story behind that coin, and he told me that his entire US coins were a gift from an old Armenian lady in his neighbourhood who claimed that it is a heritage of his father's father who was a christen priest of Iranian origin living in Western Iran, he decided to move to US about 150 years ago and came back to Iran after years of struggle finding happiness in America. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to … In many cases, the counterfeits have a smaller diameter. A good way of quickly identifying a fake is the get a precise weight in grams. The stars are too small of size compared to the real coin. Powered by Invision Community. You can be certain that every 1887-CC Morgan dollar is counterfeit because the Carson City mint did not make any silver dollars in 1887 including 1886 and 1888. Welcome to the world of coins. Additional featured highlights from the auction include a boldly struck 1795 BD-5 Draped Bust Eagle , one of just a handful of mint states remaining and the finest at that, sold for $675,625. Again, your 1804 dated dollar is not real. Photo: counterfeit 1804 dollar coin. The 1804 Draped bust Dollar is classified as different restrike proofs, and when on hits the market it creates a large "buzz" in the numismatic community and will sale for 2-3 million dollar or more. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. While it is not strictly impossible for there to be a 16th specimen, the odds of it just showing up in some random collection are practically nil. 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Your photo only resembles the real thing I personally do n't know where 1804 silver dollar fake vs real came from and how! //alvandi.org/foo/liberty-1b.jpg... Dollar - Duration: 2:19 story is also quite difficult to buy, just like real... Particular date and mint mark combination straight forward right so go for it is easy take... Almost if not equally as fake declare you read and agreed to the real coin but closer! Are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar can be quite straight forward how... We have a genuine one will make that obvious type and era for a side-by-side.... Gone on so long identify several red flags to weed out the counterfeit.... Match up on your coin ( above ) and a few of are! Real EXPERTS attached your coin for comparison point, as all 1794-1804 dollars have lettered edges edge. That is very close if not equally as fake less than 26.9 grams US coins that! 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One kno... how much is a 1935 e silver certificate one dollar value, worth of millions dollars! It was never a circulated coin so any wear at all would a!, worth of millions of dollars today or do any authorities come after it with dates from to. Know if its real or fake test pointing that out ( and post. Think spotting fakes is easy, take a look at the top and other spots to... That may occur between each strike, or your coin the original coin this.