If you're going to be spending a substantial amount of money ona coin, it is a good idea to protect yourself by adhering to these four principles: Counterfeit coins can be grouped into three categories: struck counterfeits, cast counterfeits, and altered coins. 1796 This is the reason why it is nicknamed the Silver Liberty Dollar or Flowing Hair Silver Dollar. If they are significantly off, you may have a counterfeit coin. 1799 small eagle reverse counterfeit As I have previously stated in other articles one of the best ways to protect yourself from this type of fake for sale is to learn the series yourself. These advances have made modern coins more difficult to counterfeit. If it has a small inscription on it which says 'ster' or 'sterling', it means that the silver in the item is 92.5% or close to pure silver. Athens, Greece - Coin Shop Recommendations, 2004-P Washington Quarter (Wisconsin) Question. i made a mistake in the diameter numbers. And review similar items on the internet: major auction house sales archives and NGC and PCGSs variety pages are great online resources. Our social media pages on Facebook, Instagram, Twitter, and Pinterest are created and a YouTube channel will follow. It's entirely the wrong color as a coin over 200 years old would not be silver in color. On fakes, they won't. Look carefully at the accompanying documentation and packaging. These two metals have high rates of thermal conductivity at even 20 , with silver being at 419 (W/mK) and gold at 317 (W/mK). Afterwards while rechecking the ngc website I saw that my serial numbers didnt align similarly with the barcode on the coin in the case that ngc displayed I rechecked with ngc at Whitman show and sure enough thats whats going on now. A genuine 1799 8-real coin was used as a model coin when the fake dies were produced, so all the details of the coin are accurate. Iturbide 8 Reales Silver Coin, How Much May It Be Worth? Differences in the style of date digits or lettering are usually the first things to check. I only know the basic words , CENTS,ONE,DOLLAR, OR, UNIT with 2 stars in between the words. Brought to you by Sapling. There is also a redemption code that the finder can use to claim their $1000 dollars. The above 1794 is graded MS61 and is one of the finest known in grade and strike. Use a scale that is accurate to within 0.01 grams to measure the weight of the coin. Free shipping. Cast Counterfeits An inexpensive way to produce counterfeit coins is to create a mold of the genuine coin and use it to cast a counterfeit coin. I sent him a text yesterday saying that they were fakes and he acted like he was sincerely concerned and didn't know anything, but now I see he hasn't taken his ad down and is trying to scam people. When purchasing coins, you want to ensure that you are purchasing them through sellers who have a notable reputation within the field of selling bullion. On the other hand, if an official coin specification states that it does contain steel, then a genuine coin will stick to the magnet. Counterfeit 1799 Trade Dollar Liberty Seated - CC - Reverse side. Precious metal coins have long been appreciated, both for their historical and monetary value. While this creates the most realistic looking coins, it is also the most expensive method to do so and is often reserved for especially rare and valuable coins. The second is known as coin splitting. This style of producing counterfeit U.S. coins is achieved by taking two coins, splitting them in half, and merging the two halves together. Thankfully, most of the counterfeit coins weigh much less, usually 18-20 grams, so they are easy to identify. Since their conception thousands of years ago, coins have held a special place in the human psyche and have since become items highly sought after. Finally, look carefully at the coin with a high-powered magnifying glass or stereo microscope. Use a high precision caliper to measure the diameter and thickness of the coin. Obverse/reverse images by Raymond Bruels III; close-ups by Brian Kent; all courtesy of ANACS. Thanks! Mintage. I bought my coin graded in the case over 10 grand because it looked right and it was in the case right ? Call or visit your local coin dealer for more information. The second option to test for magnetivity is to utilize a magnetic slide. 1795 Flowing Hair Silver Dollar $1 - Certified NGC VG Detail - Rare Coin! Compared to steel, which has a thermal conductivity of 45 (W/mK) and iron at 71 (W/mK), both gold and silver conduct heat much better than either steel or metal. This example is illustrative because both gold and silver are. Counterfeiters have taken genuine 1943 steel pennies and plated them with copper. To my eyes, it appears to be a poor fake, but wondering what you think about it? James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. We are a family-owned business located in Portland and Vancouver. Quick Links: I was wondering the same thing. Like the 1799 die-struck counterfeit dollars with the broken "R" in in LIBERTY. Therefore, when inspecting a coin under magnification, the devices should be crisp and clear and the surfaces clean and smooth. The issues that arise with fake coins being rife and intermixed within monetary circulation is that people, especially collectors, need to be aware of when a counterfeit might be on their hands. Oh, BTW, welcome to the forums, Matt. One of the first examples we saw was an 1802 from an internet venue back in early 2018. 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.. 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Plus, it's illegal to own any counterfeit or fake or copy, unless the word COPY is stamped into to coin and can be read noticeable. Stick around a while! If your coin weighs significantly more or less than 26.5 -27.5 grams, it is fake. Notify me of follow-up comments by email. It's entirely the wrong color as a coin over 200 years old would not be silver in color. Please Help Me Determine If This Is Valuable! For example, an unscrupulous person with minimal experience can take a 1928-S peace dollar and remove the S mintmark. Actually I think many many people agree with that. A counterfeit coin is any coin that is made by an individual without the knowledge and consent of the issuing country or entity. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. I have been studing the coin for some time now,reading everything I could fined including the The United States Early Silver Dollars, by Bolender. 1 Troy oz weight, or 31.103 grams. 2. The reverse side on this counterfeit coin has the same details as used for other counterfeit trade dollars with a different date on the obverse side. Thank You. Prices listed are for MS-65 certified. The most common dates are the 1798 and 1799, though these are quite challenging to find with truly original, undamaged surfaces. Split coins are another example of a counterfeit coin that has been radically altered. If the ice cube melts as if it normally would at room temperature, it might be a sign that you have a fake coin. DIAMETER: 40.00 millimeters Any defects on the surface of the genuine model coin, such as contact marks, scratches, digs and dents, will faithfully transfer over to the fake dies. Another method of altering the coin involves removing a minor detail to make it worth more money. I understand these coins were minted very differently then what we know today. This is a simple test that will tell you right away if a Trade Dollar is real or not. And as for the counterfeiters mixing it up as I noted above, they appear to continue to alternate dies as they create the ultimate Draped Bust dollar errors! As I noted in my past CoinWeek article on the 1795 off-center Bust dollar fakes, my discussion at the 2019 Dayton EAC Convention on counterfeits included three families of fakes: the 1804 C-6 half cent set; the 1833 N-5 large cent set; and the 1795 off-center Bust dollar set. If the official composition of the coin states that it does not contain any steel, the coin should not stick to the magnet. For those of you buying coins either for their historical, numismatic value or for their value in precious metal, you should know the basics of how to catch a counterfeit before being duped. Typical counterfeit 1804 dollars have reeded edges . The date was struck to the tune of 423,515 pieces and among its several attributed varieties offers around 10,000 pieces for collectors today. When using visual tests to look for counterfeit U.S. coins, it is in your best interest to have a magnifying tool on hand, whether that be a handheld magnifying glass or a jewelers loupe. Some Information On This Coin. Struck CounterfeitsCounterfeiters make struck counterfeit coins the same way a mint manufactures a genuine coin by a planchet between two coin dies in a coining press. Once the molds are ready, the molten metal is poured into the mold. $5,695.00. Get it FREE now. A dirty gray brown would be expected. Diameter of 40.6 mm, or 1.598 inches. Perhaps, if nothing else, you can drill a hole near the top and use it as a sinker weight and tie it through some fishing line. The word genuine NEVER appears on the site. This one doesn't. Use an extremely strong magnet to see if the coin is attracted to it. But on his way to the coin show, his car crashed . Just curious really. All I can say is. PCGS | Counterfeiters have a hard time getting the relief of a coin just right. If it were genuine this kind of identifier would be well known. These two frauds utilize different obverse dies with a common (1799 B-10) reverse. For example, a counterfeiter can purchase a 1909 Lincoln cent with the designer's initials of V. D. B. on the reverse for under twenty dollars. The two devices youll need to make these measures are a digital scale and a pair of calipers. The United States Mint purchased its first reducing lathe in 1833. Also learn how to properly store your coins. (adsbygoogle = window.adsbygoogle || []).push({}); Counterfeit 1799 Trade Dollar Liberty Seated CC Reverse side. This manufacturing process is the most tedious and expensive way to create a counterfeit coin. Martin Kurtz New Member. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. I was working on rebuilding an old house close to were I live in Illinois and I found this coin behind one of the walls i was braking down when i was picking up the broken old pieces of wood i saw it on the floor. If there were a way to add the image here I would! It is stable now. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. In the case of being dropped down a slide, a fine, minted gold or. Around The World With Coins - A Coin Geography Game. Coins Found in Pocket Change, What Are Doubled Die Coins and How to Identify Them. Do not buy bargain coins offered at flea markets and online. Very Worn 1998 50 Pence - What Caused It? 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). The diameter should be 39 to 40 millimeters, and the mass should be 27 grams A miss on both to me means the coin is questionable and not genuine.. @DollarAfterDollar said: The fake shown here exhibits a number of depressions on its surfaces. In China, it is completely legal to make "replica" coins from another country, and they are always achieving new and better counterfeiting techniques. While that number may seem low, population estimates for the 1799 are much higher than . The simplest answer is to buy from reputable sources. Yet Another Forum Game - Numismatic Go Fish! Please Help Me Determine If This Is Valuable! It looks like you're new here. It appears that the model coin was either a "ground. Liberty seated silver dollars were made from the year 1836 until 1873. Learn how your comment data is processed. $1 USD. If you are having trouble counting the stars it is probably very worn in low grade. When you visit the site, Dotdash Meredith and its partners may store or retrieve information on your browser, mostly in the form of cookies. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Just curious if there are any known cases of liberty coins on ebay selling fake silver or gold? I have created a set of images comparing this with the second posted example and highlighted common marks between the two as follows. Sounds strange, right? This can easily increase the value of the coin by ten fold. In-depth overview of the 1799 Draped Bust Large Cent, including its key features, value and how to appropriately judge the coins condition. Oregon coin geek..*** GO BEAVS ! Please Grade This 1799 Liberty Coin. Except one thing. Below, were going to explore some of the basic types of counterfeit U.S. coins youll find strewn throughout the market, and what tests you can implement to catch one along the way. Struck coins usual make for some of the most unrecognizable counterfeit coins, as the process through which they are produced is quite similar to how mint manufacturers produce their own coins. Every fake coin struck from these dies will then exhibit identical marks, referred to as depressions by authenticators. With the large collection of coins that have been produced by human beings, there have been challenges raised for both numismatists and coin collector hobbyists. So, when brought into contact with a number of magnets, these metals will undergo a repellant force. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, 2023 Amos Media Company. If it is authentic what grade you you think its in? If they are significantly off, you may have a counterfeit coin. No more, no less. While we were discussing it in a Facebook group I administer, CoinWeek was also reporting on it with an NGC article using the same images; apparently, it was submitted for certification and kicked back, and then someone attempted to sell it raw. You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. This price does not reference any standard If you place an ice cube on your new authentic silver coin and it does not immediately begin the melting process, odds are you have a fake on your hands. By Jack D. Young, Early American Coppers (EAC) . Its 39.5 So, when brought into contact with a number of magnets, these metals will undergo a repellant force. Only buy coins that have been certified bya. But there are those that are not so stamped and appear pretty deceptive to the inexperienced of the series. The reverse side on this counterfeit coin has the same details as used for other counterfeit trade dollars with a different date on the obverse side. The most valuable Draped Bust Dollar's. I have a counterfeit 1795 with vampire marks!! However, the United States Mint accidentally made a few 1943 Lincoln pennies out of copper. And then there is this 1798 member of the family: Again, the big problem here is that this is the reverse of the 1799 B-10a reverse that wasnt used for the 1798. It does have some value, just not numismatic. It's like a scene from the Twilight Zone. CoinTrackers.com is an invaluable resource dedicated to helping the coin collector and silver community. While United States Mint records indicates production of 19,570 Draped Bust silver dollars in 1804, there is no evidence that these coins bear the 1804 date. First there's a die break to the left of the date but also in the right there appears to be clashing causing missing stars. 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Coins - a coin over 200 years old would not be silver in color so, when inspecting coin! Into contact with a common ( 1799 B-10 ) Reverse are ready, the devices should be and. Code that the finder can use to claim their $ 1000 dollars reputable sources extremely strong magnet to see the. A common ( 1799 B-10 ) Reverse down a slide, a fine, minted gold or ; close-ups Brian. If a coin over 200 years old would not be silver in color coins for SALE in POPULAR! The surfaces clean and smooth -27.5 grams, it appears that the finder can use to their. Adsbygoogle = window.adsbygoogle || [ ] ).push ( { } ) ; counterfeit 1799 Trade is! May have a counterfeit 1795 with vampire marks! silver Community is accurate to within 0.01 grams to measure diameter!