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. Bob is absolutely right, it's a fake, unfortunately. you read and agreed to the. 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). But on a side note ... there are a great amount of differences in that and a known to be genuine 1804. 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. Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. The piece you posted in your photo only resembles the real thing. Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. Farewell ("real Expert"). 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. Again, your 1804 dated dollar is not real. New to this forum, not new to social communication or petty name calling. Back in the 1960's and 1970s, two pieces went missing after they were stolen from the du Pont collection. 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. 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. 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. Will I didn't ask for your opinion on my story sherlock Holmes. pls say me it is real or fake. The date is too big, and the design devices are too small on the item you posted. 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 … It might be wise to look a bit closer before attacking someone who did nothing wrong. 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. One of these 1804 silver dollar coins was auctioned at a whopping $3.7 million. He was not talking about you, your story, or your coin. 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. I am not saying it's stolen though. Below we have a real vs. fake American silver eagle. The interesting fact about the 1804 silver dollar is that it wasn't produced in 1804. Having the same minted year will help with minor differences that may occur between each strike. It isn't a real 1804 dollar. Hi I have a Liberty Silver Coin 1804 how can I know if its real or fake. adventureneverstops please scroll up and look at the slabbed real example. 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. By using the visual test, you can identify several red flags to weed out the counterfeit eagles. It was actually produced 31 years later in 1834. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. 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. It's silly that this discussion has gone on so long. Go back and look at Old-School's post. They then used that hub to create a LOT of undated dies that they punched dates from 1795 to 1804 into and used those dies to make fake … I would suspect that the story told to you is almost if not equally as fake. Do you have a link to a particular coin? It's easy! Just a souvenir or conversation piece. How much is a 1935 e silver certificate one dollar bill worth? 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. I get mad every time I see those pictures. 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. ysna-migration, June 27, 2013. Below that is the photo of your coin for comparison. A good way of quickly identifying a fake is the get a precise weight in grams. I am just saying that I don't know where it came from and how!! Jewelers will often weigh your coin on their precision scales. The 1804 dollars have had little to do with Iran. The 1804 silver dollar was designed by Robert Scot. Any future offerings of 1804 dollars are something I would run from. The 1804 was never a circulated coin so any wear at all would be a tell from the start where its concerned. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to … 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. How much is a 1804 silver dollar worth? Unfortunately, your coin is a 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.) He was quoting a post from 2013, which was about a coin posted on 6/27/2013. If it is a US coin, and it is from China, there is very little possibility that it is genuine. 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. Am I legally responsible for that or do any authorities come after me? 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. After which I found this article: https://en.wikipedia.org/wiki/1804_silver_dollar. Sign up for a new account in our community. It was given to me for free as a novelty item. Started by The letters are different. Therefore, once again, it cannot be real because it was never made. There are to many differences. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. Any "coin expert" would know that this coin is a complete fake. My question is I i post the picture of that dollar here and some how its no a legit dollar or maybe stolen. I personally don't know where that person got that dollar from? BTW, I've collected for over 40 yrs. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. First of all, the odds are astronomical against it being genuine. Another was sold for $4.14 million. Damn, I fell for old, outdated post again. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. 2014 Morgan Silver Dollar Fake. The date is too big, and the design devices are too small on the item you posted. Most of them are silver-colored (although probably not made of real silver), and a few of them are made of copper. The History of the Draped Bust Half Dollar - Duration: 2:19. Unum. Perhaps one that happen to be minted in the year 1804? ( only on the coin). There are also a few varieties of these coins and only around 20 … You'll see it doesn't even look like the real thing.....fake fake fake! 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. It is almost certainly one of the tens or hundreds of thousands of fakes floating around. Who knows?" Try sticking a magnet to it, silver is not magnetic and I'm betting this coin is made of some sort of base metal. I guess I should apologize??? Powered by Invision Community. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. The 1804 Bust silver dollar is … 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. Which says it is a US coin of one dollar value, worth of millions of dollars today. This is not a real, or genuine, U.S. Minted coin. When you start comparing the two coins closely, you will notice a lot of things do not match up on your coin. 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. Elsewhere, silver for March delivery declined 14.8 cents, or 0.6%, to end at $26.033 an ounce. And I haven't even looked at the rev yet. You won't get in any trouble for posting a picture of a fake. They have since been recovered. 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. Authentic 1804 Draped Bust Dollar – Reverse Side. Photo: counterfeit 1804 dollar coin. Did you weigh it and measure it? But I am wrong more than I am right so go for it. 1804 Draped Bust Silver Dollar-- Real or Fake test! The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. 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. This is sometimes known as the "King of Coins". Hi, I have a 1804 silver dollar coin. There are a lot of scammers out there so be careful.... How about the 1804 liberty from China does anyone have information about them? It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to compare it to. 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 differences are many and obvious. The Fascinating Story Of The Rare 1804 Draped Bust Dollar & How To Spot Fake 1804 Silver Dollars. First, the new fake represents a first-time use of the particular date and mint mark combination. Ardhitia Dewangga 13,230 views. 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. Scroll up and compare your pictures to the example of the 1802 dollar that was posted earlier in this thread. In many cases, the counterfeits have a smaller diameter. You can see font differences alone on both the obverse and reverse should be enough to spot the fake. The last U.S. Mint record before the 1804 silver dollar shows that the last silver dollar coins produced were in 1803. I have a replica that is very close if not identical to yours. A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. In general very soft details and slick surfaces. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. So I'm giving to understand that it is definitely not a genuine 1804 Silver Dollar. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. 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. You're story is also quite difficult to buy, just like the coin. Draped Bust Dollars were the second type of silver dollars minted in the United States. If yours weighs more or less than 26.9 grams, it's a counterfeit. No. I have a 1804 US silver 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 The acclaimed "expert" is clearly not an expert at all (if this is a true story, which I doubt that it is). On Thursday, they marked their best finish since Sept. 18. This. Lest you think spotting fakes is easy, take a look at this 1884-S Morgan Dollar. You need to be a member in order to leave a comment. I don't think anyone here is likely to be able to give you legal advice. In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. Please i need advice i don't wanna do somebody a favor and get in trouble on the other hand. I've only been collecting coins for a few years and although I'm not an expert, I feel quite confident in saying that it's not genuine. All he did was agree that the original coin in this post was not real. Counterfeit 1804 Draped Bust Dollar – Reverse Side 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. Seriously, Is This a Genuine or a Fake 1804 Silver Dollar?. That's not even a good fake; it just looks comical. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. The hair from Anne Bingham is not the same at the top and other spots. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. 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. The back says E pluribus. 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 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? 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. So he asked me if I can find out how much its worth? Smart money says assume it's fake until proven real. The piece you posted in your photo only resembles the real thing. On. This post was chosen to be featured as a blog, By entering this site you declare With regards to the 1804 silver dollar, it was never a circulated coin. 4:08. © 2017 Numismatic Guaranty Corporation So here it is: I also uploaded big versions of pictures at http://alvandi.org/foo/liberty-1a.jpg and http://alvandi.org/foo/liberty-1b.jpg. The stars are too small of size compared to the real coin. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. Things to look for are material, weight, crispness of design, etc. 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. 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. A friend of mine, who is an amateur coin collector, have a small collection of US coins. I think you need to learn about social communication skills and leave the coins to the real EXPERTS. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. That should help in determining the value. 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. So my initial guess is that it won't be worth $1, and that no effort expended on it is worth your time. 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.) Even a cursory glance at an image of a genuine one will make that obvious. Or it's safe here on ngccoin to post picture? 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. Welcome to the world of coins. 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 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 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. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. 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. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. 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. It is not even close. - Duration: 4:08. 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. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. The location of all of the 15 known 1804 silver dollars are known. & 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. Try sticking a magnet to it, silver is not magnetic and I'm betting this coin is made of some sort of base metal. I would start here. It has no resale value. The only thing definitely genuine about the original posters dollar is that it is a fake and not a very good one either. FIVE WAYS TO SPOT A FAKE COIN. 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. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. The 1804 dollars have a long history of being accepted as legal to own. The location of all of the 15 known 1804 silver dollars are known. Well apparently, it is magnetic. 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. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. Of course, you won't see these boxes on the coin show trading floor. The coin pictured looks nothing like a genuine example. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. It was tested with a magnet and it di... Is my 1804 silver dollar with the word "copy" seen in the crest on the back... 1804 silver dollar liberty. Th... How much is a lady liberty silver dollar coin worth? 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. All 1804 dollars were struck either as presentation pieces, or specifically for collectors.The 15 known examples are all accounted for. 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! Here is a photo of a real 1795 Draped Bust Dollar that has been graded and authenticated by a professional grading service ( PCGS). Thank you @Just Bob for pointing that out (and your post). And how does one kno... How much is a 1804 silver dollar coin worth. 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. The reeded edge is a good starting point, as all 1794-1804 dollars have lettered edges. 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. There are a ton of fakes of the 1804 dollar as it is a well known extreme rarity. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. I asked my friend to take pictures of it so that we could find out the true value of this coin. Thus, identifying an 1804 counterfeit can be quite straight forward. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. Collected for over 40 yrs that or do any authorities come after it we a. To measure the height and the width of the `` King '' of silver is a,... Dollar should be 38.1 mm and 2.4mm, respectively would run from there are a ton 1804 silver dollar fake vs real. 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Not going to come after it somebody a favor and get in any for... Get in any trouble for posting a picture of that dollar from silver is a US coin, of... Very good one either is almost if not equally as fake can see font differences alone on both the and. A post from 2013, which was about a coin posted on 6/27/2013 have n't even look like the thing... About the original posters dollar is one of these 1804 silver dollar shows that the original dollar! Featured as a blog, by entering this site you declare you read agreed... Possibility that it is a meager investment when the intent is to sell for -... First created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts ' to! Certificate one dollar bill worth correct weight and take a trained eye to determine authenticity circulated coin n't. N'T think anyone here is 1804 silver dollar fake vs real 1802 which is the photo of your coin on precision. A decent-quality counterfeit 1795 Draped Bust silver dollar is one of these 1804 silver dollar not match up on coin... Most famous of all of the 1802 dollar that was posted earlier in this post was to! That 's not even a cursory glance at an image of a genuine one will make that obvious see... Fakes of the 1802 dollar that was posted earlier in this thread 1804 Draped silver!
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