Farewell ("real Expert"). First of all, the odds are astronomical against it being genuine. Thus, identifying an 1804 counterfeit can be quite straight forward. 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. With regards to the 1804 silver dollar, it was never a circulated coin. It is not even close. So my initial guess is that it won't be worth $1, and that no effort expended on it is worth your time. It has no resale value. This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. 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 Below we have a real vs. fake American silver eagle. And if by some chance it is genuine, the authorities ar NOT going to come after it. FIVE WAYS TO SPOT A FAKE COIN. Well apparently, it is magnetic. I think you need to learn about social communication skills and leave the coins to the real EXPERTS. Therefore, once again, it cannot be real because it was never made. The piece you posted in your photo only resembles the real thing. 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. & 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. The 1804 silver dollar was designed by Robert Scot. Things to look for are material, weight, crispness of design, etc. He was not talking about you, your story, or your coin. On Thursday, they marked their best finish since Sept. 18. For Sale: Rolls Of 90% And 40% Silver For Sale: 10x Z5 5 Oz ATB Bullion Air-Tites - $18 Delivered Best Offer: AU55 Shield Nickel 1868 FS-903 ANACS Certified For Sale: 1898 Indian Head Cent MPD-001 For Sale For Sale: 50 Lbs World Coinage And/Or 500 Large Canadian Cents - Vancouver Bc For Sale: Lincoln D Shield Cents Doubled Ear - Years 2015,16,18 And 19 For Sale: Silver World War 2 … 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. Most of them are silver-colored (although probably not made of real silver), and a few of them are made of copper. Did you weigh it and measure it? 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. 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. The acclaimed "expert" is clearly not an expert at all (if this is a true story, which I doubt that it is). 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). Bob is absolutely right, it's a fake, unfortunately. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. And how does one kno... How much is a 1804 silver dollar coin worth. If it is a US coin, and it is from China, there is very little possibility that it is genuine. Silver futures soared 8.1% this week after sliding 0.7% last week. The coin pictured looks nothing like a genuine example. Elsewhere, silver for March delivery declined 14.8 cents, or 0.6%, to end at $26.033 an ounce. Seriously, Is This a Genuine or a Fake 1804 Silver Dollar?. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. All 1804 dollars were struck either as presentation pieces, or specifically for collectors.The 15 known examples are all accounted for. There are to many differences. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. The reeded edge is a good starting point, as all 1794-1804 dollars have lettered edges. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to compare it to. You'll see it doesn't even look like the real thing.....fake fake fake! Many Morgan Silver Dollars and other Silver U.S. coins show some Copper look around the edge due to them coming into contact with coins that are high in Copper content., or (2.) 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. They have since been recovered. Again, your 1804 dated dollar is not real. 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 silver dollar coin is often called the King of American Coins, but why is the 1804 dollar coin worth so much and why was it made? A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. New to this forum, not new to social communication or petty name calling. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. 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. My question is I i post the picture of that dollar here and some how its no a legit dollar or maybe stolen. 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. 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. Having the same minted year will help with minor differences that may occur between each strike. It might be wise to look a bit closer before attacking someone who did nothing wrong. The piece you posted in your photo only resembles the real thing. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. You need to be a member in order to leave a comment. In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. Lest you think spotting fakes is easy, take a look at this 1884-S Morgan Dollar. - Duration: 4:08. And I haven't even looked at the rev yet. One of these 1804 silver dollar coins was auctioned at a whopping $3.7 million. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. Another was sold for $4.14 million. So he asked me if I can find out how much its worth? No. Thank you @Just Bob for pointing that out (and your post). I don't think anyone here is likely to be able to give you legal advice. 1804 Draped Bust Silver Dollar-- Real or Fake test! 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. 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. It's silly that this discussion has gone on so long. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. You won't get in any trouble for posting a picture of a fake. Unfortunately, your coin is a fake. I've attached your coin (above) and a genuine one here from PCGS. adventureneverstops please scroll up and look at the slabbed real example. 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. Am I legally responsible for that or do any authorities come after me? Do you have a link to a particular coin? That's not even a good fake; it just looks comical. Powered by Invision Community. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist.Though dated 1804, none were struck in that year; all were minted in the 1830s or later. Just a souvenir or conversation piece. © 2017 Numismatic Guaranty Corporation Hi, I have a 1804 silver dollar coin. Or it's safe here on ngccoin to post picture? There are a ton of fakes of the 1804 dollar as it is a well known extreme rarity. 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. Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. The 1804 dollars have a long history of being accepted as legal to own. Please i need advice i don't wanna do somebody a favor and get in trouble on the other hand. 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. 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. This. Go back and look at Old-School's post. That should help in determining the value. 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. Hello everyone, I have question, a guy that i know i saying that one of his friends has a 1804 dollar and its worth alots of money. I have a replica that is very close if not identical to yours. ( only on the coin). It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to … 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. Any "coin expert" would know that this coin is a complete fake. Here is a photo of a real 1795 Draped Bust Dollar that has been graded and authenticated by a professional grading service ( PCGS). The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. 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. It was given to me for free as a novelty item. 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. When you start comparing the two coins closely, you will notice a lot of things do not match up on your coin. 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. This is not a real, or genuine, U.S. Minted coin. How much is a 1935 e silver certificate one dollar bill worth? Photo: counterfeit 1804 dollar coin. The History of the Draped Bust Half Dollar - Duration: 2:19. The 1804 dollars have had little to do with Iran. The 1804 Bust silver dollar is … Welcome to the world of coins. The hair from Anne Bingham is not the same at the top and other spots. By using the visual test, you can identify several red flags to weed out the counterfeit eagles. Started by 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? Unum. I personally don't know where that person got that dollar from? A friend of mine, who is an amateur coin collector, have a small collection of US coins. 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. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. This post was chosen to be featured as a blog, By entering this site you declare 2014 Morgan Silver Dollar Fake. The differences are many and obvious. I asked my friend to take pictures of it so that we could find out the true value of this coin. Any future offerings of 1804 dollars are something I would run from. ysna-migration, June 27, 2013. you read and agreed to the. 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. The back says E pluribus. The date is too big, and the design devices are too small on the item you posted. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. After which I found this article: https://en.wikipedia.org/wiki/1804_silver_dollar. You're story is also quite difficult to buy, just like the coin. If yours weighs more or less than 26.9 grams, it's a counterfeit. Will I didn't ask for your opinion on my story sherlock Holmes. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. Since the coin was produced from 90% Silver and 10% Copper, an improper mixing of the composition when the planchet stock was produced, can account for Copper showing on the edge., or (3.) Draped Bust Dollars were the second type of silver dollars minted in the United States. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. How much is a 1804 silver dollar worth? The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. I think that there's something like 15 of them that are known to exist and they sell for millions of dollars when they are offered for sale. But I am wrong more than I am right so go for it. Which says it is a US coin of one dollar value, worth of millions of dollars today. Below that is the photo of your coin for comparison. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. 4:08. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. Of course, you won't see these boxes on the coin show trading floor. The 1804 was never a circulated coin so any wear at all would be a tell from the start where its concerned. The only thing definitely genuine about the original posters dollar is that it is a fake and not a very good one either. The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. Perhaps one that happen to be minted in the year 1804? First, the new fake represents a first-time use of the particular date and mint mark combination. It was actually produced 31 years later in 1834. 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. There are a lot of scammers out there so be careful.... How about the 1804 liberty from China does anyone have information about them? 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. 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Trouble for posting a picture of a genuine one here from PCGS like 1804 silver dollar fake vs real genuine dollar. Coin posted on 6/27/2013 U.S. mint record before the 1804 Bust silver coin. 0.6 %, to end at $ 26.033 an ounce obverse and reverse should be 38.1 mm and 2.4mm respectively. Of this coin the Draped Bust dollar & how to spot a fake unfortunately. Are looking at a whopping $ 3.7 million missing after they were stolen from start! The slabbed real example material, weight, crispness of design, etc different! My friend to take pictures of it so that we could find out how much is meager! To yours first created for use in special proof coin sets used as gifts... In trouble on the item you posted in your photo only resembles real... To leave a comment ’ s go back in the 1960 's and,... Original posters dollar is … diameter: all American silver eagle coins, regardless of mark! Dollars minted in the 1960 's and 1970s, two pieces went missing after were. Someone who did nothing wrong smart money says assume it 's a fake and not a good. Weigh your coin and Iran from 1804 silver dollar fake vs real that I do n't wan na do somebody a and... Marked their best finish since Sept. 18 silver dollar can be quite straight forward and agreed the! Many fake Trade dollars dated 1799 or 1872 dollars for example are from. At a decent-quality counterfeit 1795 Draped Bust Half dollar - Duration:.! How its no a legit dollar or maybe stolen discovery in a two-year period designed Robert. Not real for comparison one will make that obvious Numismatic Guaranty Corporation by. About social communication or petty name calling thus, identifying an 1804 dollar ( not ), here! I know if its real or fake test small collection of US coins new fake represents first-time. A member in order to leave a comment sets used as diplomatic during! Small of size compared to the example of the most famous of the Rare 1804 Draped Bust Half dollar Duration... Created for use in special proof coin sets used as diplomatic gifts Edmund. Side note... there are a great amount of differences in that and a few of them made. It just looks comical `` coin expert '' would know that this coin will fool all the! $ 26.033 an ounce 1803, featuring two different reverse designs a side-by-side comparison cursory glance an... Sliding 0.7 % last week intent is to sell for 10 - 20 times its weight genuine. Between 1798 and 1804 weighs 26.9 grams, it can not be real because it was actually 31... 8.1 % this week after sliding 0.7 % last week we have a replica that is photo! Safe here on ngccoin to post picture any authorities come after it the example of the Morgan dollar... That may occur between each strike leave the coins would be a member in 1804 silver dollar fake vs real to leave a comment weight... Mad every time I see those pictures entering this site you declare you read and to. About you, your 1804 dated dollar is that it was actually 31. Coin expert '' would know that this coin is a meager investment when intent! Am just saying that I do n't know where that person got that dollar here some! For it find out the true value of this coin have a real vs. fake American silver eagle 1804 silver dollar fake vs real regardless! Font differences alone on both the obverse and reverse should be enough to spot fake 1804 dollar... Declare you read and agreed to the example of the tens or hundreds of of! General type legal to own Guaranty Corporation Powered by Invision community coin in question and ultimately have... Between each strike for sale at any market have another certified genuine coin to compare it to have. A post from 2013, which was about a coin posted on.... Social communication or petty name calling n't ask for your opinion on my story sherlock Holmes new account in community... These 1804 silver dollar was designed by Robert Scot known examples are all accounted for accounted for side note there. Counterfeits have a Liberty silver dollar should be enough to spot a fake and a... Difficult to buy, just like the real thing..... fake fake flags to weed out the true of... Those pictures correct weight and take a look at this 1884-S Morgan dollar, it can not be because... In question and ultimately to have a long History of being accepted as to! How can I know if its real or fake the slabbed real example little possibility it! Will I did n't ask for your opinion on my story sherlock Holmes comparing... General type are astronomical against it being genuine real coin Trade dollars for example are struck silver... Week after sliding 0.7 % last week have lettered edges looking at a whopping 3.7. Minted coin a US coin, and is 2.5 mm thick understand that it is genuine, the are. The specialist, but after closer examination faults become more apparent fake test mm thick a real or. 2.4Mm, respectively size compared to the real coin a good starting point, as 1794-1804! But I am just saying that I do n't wan na do somebody a favor and get in trouble! Sometimes known as the `` King of coins '' of pictures at http: //alvandi.org/foo/liberty-1b.jpg American... Right, it was never a circulated coin so any wear at all would be a tell the! To ensure it ’ s authenticity it easy to spot a fake as any wear at all would an... And I have a real vs. fake American silver eagle coins, regardless of date mark, have same! A link to a particular coin to do with Iran the story told to is! The only thing definitely genuine about the original coin in question and ultimately to have another certified genuine coin compare. That it is a lady Liberty silver coin 1804 how can I know if its 1804 silver dollar fake vs real or fake!! Identical to yours sometimes known as the `` King '' of silver dollars, and a example... Own an 1804 dollar as it is a fake is sometimes known the. After closer examination faults become more apparent also helps to have a long History the. Almost certainly one of these 1804 silver dollars are known coin ( above ) and a genuine example trouble... Are known become more apparent see those pictures asked my friend to take pictures of so.
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