I guess I should apologize??? They have since been recovered. Authentic 1804 Draped Bust Dollar – Reverse Side. And I haven't even looked at the rev yet. The back says E pluribus. And how does one kno... How much is a 1804 silver dollar coin worth. I've attached your coin (above) and a genuine one here from PCGS. 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. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. Most of them are silver-colored (although probably not made of real silver), and a few of them are made of copper. Go back and look at Old-School's post. 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. One of these 1804 silver dollar coins was auctioned at a whopping $3.7 million. On Thursday, they marked their best finish since Sept. 18. I have a replica that is very close if not identical to yours. Thank you @Just Bob for pointing that out (and your post). Having the same minted year will help with minor differences that may occur between each strike. 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.) 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's silly that this discussion has gone on so long. 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 dollars are also some of the rarest and most valuable of all US coins. I am just saying that I don't know where it came from and how!! 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 hair from Anne Bingham is not the same at the top and other spots. & 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. Another was sold for $4.14 million. The date is too big, and the design devices are too small on the item you posted. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. 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! 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. 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. BTW, I've collected for over 40 yrs. Draped Bust Dollars were the second type of silver dollars minted in the United States. This is not a real, or genuine, U.S. Minted coin. The letters are different. The coin weighs 27.50 grams and measures 45 mm in diameter and is 2.5 mm thick. First of all, the odds are astronomical against it being genuine. It is not even close. Counterfeit 1804 Draped Bust Dollar – Reverse Side 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. There are a lot of scammers out there so be careful.... How about the 1804 liberty from China does anyone have information about them? C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Which says it is a US coin of one dollar value, worth of millions of dollars today. The stars are too small of size compared to the real coin. 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 would suspect that the story told to you is almost if not equally as fake. There are a ton of fakes of the 1804 dollar as it is a well known extreme rarity. This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. 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. By using the visual test, you can identify several red flags to weed out the counterfeit eagles. 2014 Morgan Silver Dollar Fake. Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. 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. 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. 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 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. So I'm giving to understand that it is definitely not a genuine 1804 Silver Dollar. 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. 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. A friend of mine, who is an amateur coin collector, have a small collection of US coins. 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. You can see font differences alone on both the obverse and reverse should be enough to spot the fake. 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. Elsewhere, silver for March delivery declined 14.8 cents, or 0.6%, to end at $26.033 an ounce. Thus, identifying an 1804 counterfeit can be quite straight forward. Therefore, once again, it cannot be real because it was never made. Did you weigh it and measure it? No. Scroll up and compare your pictures to the example of the 1802 dollar that was posted earlier in this thread. Will I didn't ask for your opinion on my story sherlock Holmes. A good way of quickly identifying a fake is the get a precise weight in grams. Just a souvenir or conversation piece. The differences are many and obvious. 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). 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. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. 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? 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. 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. How much is a 1804 silver dollar worth? 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 … The 1804 dollars have had little to do with Iran. Do you have a link to a particular coin? All he did was agree that the original coin in this post was not real. All 1804 dollars were struck either as presentation pieces, or specifically for collectors.The 15 known examples are all accounted for. Started by The date is too big, and the design devices are too small on the item you posted. Bob is absolutely right, it's a fake, unfortunately. The History of the Draped Bust Half Dollar - Duration: 2:19. 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. 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. 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. ( only on the coin). The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. Welcome to the world of coins. Jewelers will often weigh your coin on their precision scales. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. So he asked me if I can find out how much its worth? Farewell ("real Expert"). Seriously, Is This a Genuine or a Fake 1804 Silver Dollar?. It's easy! Silver futures soared 8.1% this week after sliding 0.7% last week. 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. My question is I i post the picture of that dollar here and some how its no a legit dollar or maybe stolen. 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 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. ysna-migration, June 27, 2013. Try sticking a magnet to it, silver is not magnetic and I'm betting this coin is made of some sort of base metal. 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. A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. 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? After which I found this article: https://en.wikipedia.org/wiki/1804_silver_dollar. Perhaps one that happen to be minted in the year 1804? There are to many differences. Hi I have a Liberty Silver Coin 1804 how can I know if its real or fake. I don't think anyone here is likely to be able to give you legal advice. New to this forum, not new to social communication or petty name calling. Here is a photo of a real 1795 Draped Bust Dollar that has been graded and authenticated by a professional grading service ( PCGS). Again, your 1804 dated dollar is not real. Who knows?" The Fascinating Story Of The Rare 1804 Draped Bust Dollar & How To Spot Fake 1804 Silver Dollars. The 1804 Bust silver dollar is … Below that is the photo of your coin for comparison. If it is a US coin, and it is from China, there is very little possibility that it is genuine. You need to be a member in order to leave a comment. It is almost certainly one of the tens or hundreds of thousands of fakes floating around. 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. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. The interesting fact about the 1804 silver dollar is that it wasn't produced in 1804. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. The piece you posted in your photo only resembles the real thing. The acclaimed "expert" is clearly not an expert at all (if this is a true story, which I doubt that it is). When you start comparing the two coins closely, you will notice a lot of things do not match up on your coin. I personally don't know where that person got that dollar from? He was quoting a post from 2013, which was about a coin posted on 6/27/2013. The reeded edge is a good starting point, as all 1794-1804 dollars have lettered edges. - Duration: 4:08. In many cases, the counterfeits have a smaller diameter. I think you need to learn about social communication skills and leave the coins to the real EXPERTS. Lest you think spotting fakes is easy, take a look at this 1884-S Morgan Dollar. The diameter and thickness of an uncirculated silver dollar should be 38.1 mm and 2.4mm, respectively. Ardhitia Dewangga 13,230 views. If yours weighs more or less than 26.9 grams, it's a counterfeit. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. The 1804 dollars have a long history of being accepted as legal to own. 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. FIVE WAYS TO SPOT A FAKE COIN. Powered by Invision Community. © 2017 Numismatic Guaranty Corporation It was actually produced 31 years later in 1834. Th... How much is a lady liberty silver dollar coin worth? It was given to me for free as a novelty item. 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. This. I would start here. He was not talking about you, your story, or your coin. I asked my friend to take pictures of it so that we could find out the true value of this coin. 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. The location of all of the 15 known 1804 silver dollars are known. Hi, I have a 1804 silver dollar coin. Sign up for a new account in our community. 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 … You're story is also quite difficult to buy, just like the coin. Photo: counterfeit 1804 dollar coin. You'll see it doesn't even look like the real thing.....fake fake fake! I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. 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. 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. On. pls say me it is real or fake. Am I legally responsible for that or do any authorities come after me? Well apparently, it is magnetic. 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. That's not even a good fake; it just looks comical. 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. It has no resale value. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. I am not saying it's stolen though. First, the new fake represents a first-time use of the particular date and mint mark combination. 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. 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. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. 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. Or it's safe here on ngccoin to post picture? 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 coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. Any future offerings of 1804 dollars are something I would run from. Unfortunately, your coin is a fake. Try sticking a magnet to it, silver is not magnetic and I'm betting this coin is made of some sort of base metal. you read and agreed to the. This post was chosen to be featured as a blog, By entering this site you declare At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. This is sometimes known as the "King of Coins". Back in the 1960's and 1970s, two pieces went missing after they were stolen from the du Pont collection. 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. You won't get in any trouble for posting a picture of a fake. It isn't a real 1804 dollar. The 1804 silver dollar was designed by Robert Scot. Of course, you won't see these boxes on the coin show trading floor. How much is a 1935 e silver certificate one dollar bill worth? Things to look for are material, weight, crispness of design, etc. Diameter: All American Silver Eagle coins, regardless of date mark, have the same diameter. Unum. That should help in determining the value. The only thing definitely genuine about the original posters dollar is that it is a fake and not a very good one either. But I am wrong more than I am right so go for 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. 4:08. With regards to the 1804 silver dollar, it was never a circulated coin. 1804 Draped Bust Silver Dollar-- Real or Fake test! In general very soft details and slick surfaces. The coin pictured looks nothing like a genuine example. adventureneverstops please scroll up and look at the slabbed real example. Please i need advice i don't wanna do somebody a favor and get in trouble on the other hand. 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. Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. Smart money says assume it's fake until proven real. The location of all of the 15 known 1804 silver dollars are known. But on a side note ... there are a great amount of differences in that and a known to be genuine 1804. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to compare it to. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. There are also a few varieties of these coins and only around 20 … I get mad every time I see those pictures. Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. Even a cursory glance at an image of a genuine one will make that obvious. So my initial guess is that it won't be worth $1, and that no effort expended on it is worth your time. It might be wise to look a bit closer before attacking someone who did nothing wrong. The last U.S. Mint record before the 1804 silver dollar shows that the last silver dollar coins produced were in 1803. And if by some chance it is genuine, the authorities ar NOT going to come after it. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to … Below we have a real vs. fake American silver eagle. In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. The 1804 was never a circulated coin so any wear at all would be a tell from the start where its concerned. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. Any "coin expert" would know that this coin is a complete fake. The piece you posted in your photo only resembles the real thing. Damn, I fell for old, outdated post again. Up and look at the latest counterfeit Morgan silver dollar is … diameter all! 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