Jewelers will often weigh your coin on their precision scales. They passed the magnet test (and the sliding magnet test) and the diameter test. All the rest are counterfeits, and counterfeits are worth zero.This page addresses counterfeit dollars between 1798 and 1804. Write a review. Then after reading what you said about fake coins, I KNEW it could not be real. George Washington could've held it. Just (won) bought (4) 1896 Morgan Dollars off Topphatter 90 second bidding. Do not use other services.Check the image below: Copyright 2009 to 2020 CoinQuest.com, all rights reserved. Give up, drink a beer and don’t buy the same counterfeit coin twice. 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. Please call or email us to request a day and time. date. New Dollar Wallpaper HD. I guess I can call them ART….Ha! 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. Everything in the same relief. Thank you very much. Silver dollars are enormously popular, so this short, small series truly was the start of something big. Your email address will not be published. Extremely helpful. In the two images above we see one of the classic ways to instantly rule a coin as a fake. 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. With the current counterfeits that this article is dealing with, the primary attributes that are immediately noticeable by the trained eye are: mushiness or softness of strike, irregular reedmarks and denticles, irregular lettering and raised bumps on lettering and in the fields. Not sure where to go from here. 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. I’m seriously wanting to know. Use extreme caution if buying one of these. However after going over and over with all the points and signs of not being real were, I have only this to say- The Carson City Mint did not open its doors until 1870. If the coin that is supposed to be a silver dollar sticks to a magnet, guess what, game over. Counterfeit (fake) 1798 Draped Bust Dollar - Coin Community Forum. Superbly struck. By the way, the magnet on my refrigerator literally flew to the bag holding it. This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. 1799 Draped Bust dollars are the most common in the popular Draped Bust dollar series. 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 ? 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. If yours weighs more or less than 26.9 grams, it's a counterfeit.Sometimes a professional coin authenticator is needed to separate real coins from fakes. The magnet doesn’t move it at all. No fake that I have,I bought them strictly to collect,ever stuck to a magnet. Now it is time to get numismatic. 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 … A good way of quickly identifying a fake is the get a precise weight in grams. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. Are there real 1799 draped bust dollars? The difference is huge! TLS, I have about 15 with different dates I’ll check them what’s the date when they are real and spendable? While I am not going to get into hardcore counterfeiting techniques and the different methods in this article, I am going to show you a few basic characteristics of the coins that I see, and get called about, on a daily basis. Spanish silver circulated freely in the United States and was legal tender until 1858. These are the most common dates that I see in these “packs” of counterfeit dollar coins. Here the detail is sharp. With that said, in today’s world we still always have to be very careful, especially dealers and traders. 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. Either these crooks are getting very very good at making fakes now. Contrast between the devices and fields. The surfaces are very granular. I cannot expect someone who has not been associated with coins for any amount of time to understand the natural heft of weight that a real silver, gold, platinum or palladium coin has. Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. ... 1798 Small Eagle, 13 Stars ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. 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. It was minted at the Mexico City Mint, the initials F.M belong to the assayer, the person in charge of making the coins. 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. I mean, come on, it does not even look like it could be real. Are there fakes out there? Please help, I recently came into possession of two coins. Everything is in the same relief and letter and devices are in sharp contrast to the the planchet. Ratings and Reviews. Fake? [Opinions?] 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. The coin was minted in 1794 and 1795; its size and weight were based on the Spanish dollar, which was popular in trade throughout the Americas.. It depicts a realistic eagle surrounded by a wreath with “UNITED STATES OF AMERICA” running along the rim. the back of the coin has the smaller eagle. 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. 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. The following photographs are meant to show the differences between these attributes on a counterfeit example and a authentic example. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. And what would a circulated 1884 Morgan dollar weigh? The denticles are the little squares coming off the rim, not a dental tool used to scrape plaque off your teeth. And China is not the only culprit.A good way of quickly identifying a fake is the get a precise weight in grams. Sorry for my English So cleaned (3) coin in jewery cleaner, the three coins lost 4 grams each. There is also not much relief between the highest point of the numeral and the metal below. People also love these ideas Excellent pointers with very good comparison pictures. The rim is rounded as per your article. 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. I purchased two (2) 1799 draped bust silver dollars on ebay. 8x5 stars, no berries, regular (?) If we look at the 1904-O, the genuine coin, we can clearly see the detail of the hair in the same place. 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. Or my son bought two old coins for very little money from someone who didn’t care what he sold them for. In this particular example, I have chosen the 1893-O Counterfeit Silver dollar that we see weekly versus and original 1904-o Morgan Silver Dollar. Everything is wrong with this coin. Marty. Draped Bust Dollars were the second type of silver dollars minted in the United States. TY I have a 1795 draped bust centered that weighs 22.7 grams is there any way it can be real? Check out our most recent posts for changes in schedule and upcoming Walk-In Workshops. Jewelers will often weigh your coin on their precision scales. Dieter. 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. What metal are the fakes mostly made out of? These are large, heavy, silver coins that run from 1798 to 1804. 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. Seconhttp://meridiancoin.com/wp-admin/post.php?post=1315&action=editd Step: Was the coin even actually made by the U.S. Mint? 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