1936 Very Cool Letter In The Rim Of This Penny! BB-65, B-5. After the Civil War, clipper ships and newfangled steamboats sent U.S. traders sailing off across the world. 1796 “Replica” off-center bust Of course, there are no off-center bust varieties for the year but here you have one complete with the “fang” marks and stamped REPLICA. That also applies to you: it is illegal to sell counterfeit US money. If in fact the coin is a Small Eagle Dollar, it could be worth many thousands of dollars. The Trade Dollar might have achieved its purpose for many years had it not been for events in America. All the rest are counterfeits, and counterfeits are worth zero. Most Mint State 1876-S trade dollars are in the MS-60 to 62 range, as reflected by the estimated population of 900 to 1,800 or more coins. There are a few tests to see if a silver dollar is fake. Copyright 2005 - 2021 Coin Community Family- all rights reserved worldwide. 1798 missing bottom of L and bust is too small. I tried comparing this to pictures I found online, but the only thing that seems to be off to me is the date, it looks too straight, like it doesn't follow the curve of the bottom edge of the coin. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. The US mint never minted a 1796 liberty flowing hair silver dollar they did in 1794 and 1795 so this is counterfeit as it was found on the internet on a different website but it did not tell me if there was any value to this coin. Any insight? Thank you! Non-circulating "proof" trade dollars can be found on eBay up to the year 1883. Trade dollars are highly counterfeited and buyers need to do their homework. Problem is that it's magnetic, and I thought that the trade dollars weren't made until the 1800s. They were made from 1873 to 1885. Are there fakes out there? If you see a similar coin with this date it is always a fake since there were no real trade dollars minted in the year 1799. 1796 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The 1796 Draped Bust dollar is a very expensive type coin that is generally collected by financially well-heeled coin collectors. fake 23 blast with a backside george reverse. WOW too bad its fake, I would buy a copy just for a reference if I could find a cheap one..... that one was pretty obvious bad casting color is all wrong etc and wow dont even get me started on the reverse haha. The front is ok at best but the back is nowhere near being a "good" counterfeit. Just because some people - or a lot people - break the law is not your permission to join them. He has owned the Eliasberg 1884 and 1885 Trade Dollars, the finest known 1870-S Liberty Seated Silver Dollar, two different 1913 Liberty Nickels and an assortment of other rarities. I dont know much about these, but I would bet huge money that it is fake. Draped Bust dollars were struck in an open collar and had a lettered edge, this coin was struck on a modern collared press. ): There were a few major varieties of the 1796 Draped Bust Silver Dollar. But they cannot sell it, or trade it, or lend it. The prices, though high from the perspective of most coin collectors, are probably more understandable when taken in the context of the relative scarcity of 1796 Draped Bust dollars and, really, all early American dollars. 1799 die break at rim and on nose (wart-like) Better 1799 die crack in Liberty and funky shaped star. Well, even though it is a fake, I will put it with the rest of the fakes I have and use them to educate others on Numismatic Forgeries and fakes! Selection of the dollar as the new design’s first showcase underscored the primacy of that coin. Most fakes I've seen usually have reeded or plain edges. This page also shows coins listed for sale so you can buy and sell. The coin is counterfeit. does this happen a lot? Scarce first-ever U.S. Trade Silver Dollar minted from 1873 - 1885. JD's Variety Channel 74,086 views Yep, has to be a fake with that 8X7 star arrangement.   Pasted as rich text. Trade dollars were issued by the US government for use outside the country, where local coinage was unavailable or unreliable. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Here is a fake of the extremely rare 1796 With Pole half cent. Fake Old 50 Dollar Bill. He bought piece from some crook on Craig's List for $200. The Draped Bust Half Dollar was struck between the years 1796 and 1807 with two different reverses.When considered separately, the first reverse issued from 1796 to 1797 featuring a small eagle is considered one of the most famous types in all of American numismatics due to its rarity. The best place to start is to use a magnet. ... Amazon Second Chance Pass it on, trade … I understand that often, banks do not care about numismatics as long as the accounts balance. You can post now and register later. There are only 15 genuine 1804 dollar coins known to exist. Fake counterfeit coin company. It didn’t make its debut on the other four coins until 1796. The Philadelphia 1878 trade dollar was minted in proof only. 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. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. They have to destroy it, or turn it over to Treasury, or (perhaps) just keep it with their other mistakes. 9 years before it is replaced due to wear. Type: Draped Bust Dollar Year: 1796 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 79,000 [ Silver Content: 90% Silver Weight:.7735 oz. Get Talk Tokens for every Post!. Clear editor. Detail is slightly mushy and flat for the amount of wear the coin shows. Get the best deals on 1795 Silver US Early Dollar Coins when you shop the largest online selection at eBay.com. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Display as a link instead, × For Sale: Die Variety Lot 3- Doubled Dies, RPMS In Lots And Singles, For Sale: Silver Bullion Coins & Rounds + Peace Dollars, For Sale: Silver Bullion (Many Holiday Themed) And 90% More Or Less At Spot, For Sale: Silver Bullion - Various Coin & Medal Lots, For Sale: Canadian Silver 80% + Add On French 90%, For Sale: 1998 Havana Puzzle Silver Proof Set With Box, Grapecollects' Coin Mini Mart (Us, Silver, And Some World, Die Varieties), http://drapedbustcoins.reidgold.com/page_7.html. Image: us_goloid_dollar_replica.jpg Original inquiry: head:e pluribusunum written on top, liberty wriiten on head band of head, wheat in hair, 7 stars to left of head and 6 to right, 1878 bottom of head, back: united states of america, 38 stars aroung 6 lines of words- goloid -metric - 1-g. - 16.1-s. - 1.9-c. - grams14.25 , bottom of coin 100 cents circle stars circle ring star starburst Coin does not match any known obverse or reverse dies for 1796 Silver Dollars. A great site on draped bust dollar fakes: Doesn't look even close to what it should look like. The 1796 Draped Bust dollar is a very expensive type coin that is generally collected by financially well-heeled coin collectors. By 1876, mine owners in western states were dumping massive amounts of silver onto the market, sending the silver price into a tailspin, dropping the intrinsic metal value of a Trade Dollar … I sadly had to tell him it was a counterfeit, but he should have known better. Professional Coin Grading Service (PCGS) Even ignoring the mushy strike and variations in design, the edge is all you need to look at to know it is fake. People in society. This counterfeit at least looks like the portrait was done with some skill. Might even be made of silver but I wouldn't count on it. Most Mint State 1876-S trade dollars are in the MS-60 to 62 range, as reflected by the estimated population of 900 to 1,800 or more coins. The details of the hair is to pronounced and the eagle's breast feathers are the incorrect shape, and the relief in general is too high (meaning that this coin is struck in high relief and no Flowing Hair Dollars were struck in high relief). ... For those with a less educated numismatic eye, a good way to quickly spot the fake dollars and halves is to look closely at the edge. The differences are not subtle. The bank actually didn't know about it. I received my first fake 20 dollar bill! For those with a less educated numismatic eye, a good way to quickly spot the fake dollars and halves is to look closely at the edge. The dollar got the jump on all the others, though, receiving this design partway through production in 1795. July 2, 2009 There were no US Trade Dollars minted in 1796. Get the best deals on 1796 Year US Early Dollar Coins (1794-1804) when you shop the largest online selection at eBay.com. From the rare 1796 draped bust dollars there are six varieties. If it sticks to the magnet in the coin machine, they just throw it away. This page addresses counterfeit dollars … The 1885 Trade Dollar is one of the rarest issues in all U.S. coinage. Didn't mean to offend anyone. Free shipping on many items | Browse your favorite brands | affordable prices. This continued with the trade dollar of 1879 onward with the other two mints discontinuing production. Report counterfeit checks to the Federal Trade Commission, either online or by phone at 1-877-382-4357. Might be worth a buck or two as a pocket piece or novelty. 1796 Posts. If you find a 1955 Doubled Die Obverse Lincoln Cent, you can balance your drawer with a cent from your own pocket. There are also a number of die scratches on the obverse to the east of Lady Liberty. I thought I would see what you all think Genuine or a great fake ... from the 1700's ... and i like the dollar because it's big ... i know that's a stupid reason! Learning The Story Behind The Coin, Country Of The Day: Angola, Maria I Silver 1796 8 Macutas Graded NGC VF35, 2020 American Eagle Silver Dollar, What Do I Have, 1972 Different Obverse Plancent Positions, Walking Back In Time From 1600 To Antiquity By Decades (V2.0). This is a fantasy strike. However, thirty years later when several presentation sets of U.S. coins were needed for diplomatic gifts, the Draped Bust design was resurrected and dated 1804, as that was the last year the dollar coin had been struck. The 1796 Draped Bust Small Eagle Half Dollar belongs to one of the rarest of all US coin types. With exception of the '6' in the date, dies are a match for 1795 Small Eagle Dollar, Bolender # … 90% silver), compared to the peso at 416 grains (.903 fine) and the standard silver dollar at 412.5 grains (.900 fine). Most of the 1797-dated dollars are believed to have been among the more than 300 thousand struck during 1798. The true way to identify fake coins is through their weight, fake coins are silver washed over copper, and weigh around 18 grams whereas a real Trade Dollar will weigh 27.22 grams (0.96 oz). I knew a bank officer who was an accomplished numismatist and his personal collection ran to National banknotes. × Silver Chinese coins, along with silver trade dollars from the US and Hong Kong are among the most faked coins in the world; luckily they are easy to spot, while some others are harder. Not often does one see a mint state early 1796 Silver Dollar. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. It's important to study the coin series you collect or find images and authentic examples to make sure your coin isn't fake. RARE Antique USA United States 1796 Liberty Silver Color Dollar Coin RESTRIKE Original weight, size and edge! Free shipping on many items | Browse your favorite brands | affordable prices. Artificial toning. It's likely that all or many of these coins were dated 1795 or 1796, since the Mint could not afford to discard usable dies. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. Light shades of rose, teal, and lavender and tan are seen on both sides. Draped bust is offset but the stars are correct. Those numbers don’t reflect current population figures – those are much lower – but even still, 1797 Draped Bust dollars are generally scarcer than most other Draped Bust dollar issues. 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. ... Additionally, this die variety has a small date, small letters in the motto and is the rarest of all 1796 Draped Bust silver dollars 10 of 15 #6 1866 Proof Liberty Seated Dollar, No Motto . Buy & Sell This Coin. Perfectly round, as though struck in collar. What This Coin Looks Like (Obverse, Reverse, Mint Mark Location, Special Features, etc. It is easily identified by its wire rim, which would not exist on genuine examples since genuine examples were struck without a collar. is there still the odd market for them? I understand that often, banks do not care about numismatics as long as the accounts balance. The surfaces look cast to me. Many tellers do this. On this one, from the famous Whitney Collection, the central devices on both sides are lighter than the peripheries. Flowing Hair Dollar Counterfeit/Fake Comparison The above is an image of an authentic Flowing Hair Silver Dollar, Small Eagle Reverse, and it's one of the top counterfeited coins. As you have no interest in the coin, it will be easy for you to walk away from it. To me, that speaks to a need for training (which as a numismatist, I provide). You "found" this "trade dollar" at "the bank." It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar.A majority of them were minted at the San Francisco mint and were used in servicing trade with China. 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 $794, while one in certified mint state (MS+) condition could bring as much as $59,548 at auction. There are also plenty of counterfeit trade dollars (see below). Thank you! History of the Trade Dollar . You can also see one of the characteristic die scratches in the 99.   Your previous content has been restored. Free shipping on many items | Browse your favorite brands | affordable prices. ), but if it's a fake I don't have any interest in it. 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 "found" this "trade dollar" at "the bank.". It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar.A majority of them were minted at the San Francisco mint and were used in servicing trade with China. Here's commentary on how to detect one. 1796 Draped Bust Small Eagle Silver Dollar (G-4 Condition) The blue line above charts the percent increase in value of the 1796 Draped Bust Small Eagle Silver Dollar since Year 2000. It took 0.69 seconds to rattle this change. It is especially interesting that each of just three issues of 1797 dollars is of a readily apparent variation in the design. By 1797 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. 90% genuine silver coin with clear protective holder and deluxe Display Box. The Trade Dollar weighed 420 grains (.900 fine -- i.e. ... trade it in, give it a second life : A Couple People Said To Take Better Pictures So I Tried To.... (1993 Quarter), Medal Monday: 1826 Erie Canal Completion Medal In Gold, NGC PR62, Lesher So-Called Dollars: Octagonal Territorial Silver Coins From Colorado, Who Was C. Scribonius?   Your link has been automatically embedded. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. Also, there are hundreds of polishing lines and toolmarks in the obverse fields, and the … I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. 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 $794, while one in certified mint state (MS+) condition could bring as much as $59,548 at auction. ... A real 1796 Draped Bust dollar depending on type and condition has values from $1,300.00 to about $100,000.00. I also noticed that the edge is reeded. A common issue: Although MS-64 and finer coins are fairly scarce, in MS-60 through MS-63 grades this is the third most common circulation strike trade dollar. Posted 08/08/2012 1:33 pm Yep this is a counterfeit. 2018 D Lincoln Cent What's Up With This Penny? :-(. While the Mint struck dollars in 1804, all were produced from leftover dies dated 1802 and 1803, and no dollars were struck with the date 1804. Not only 1834 Half Dollar Counterfeit, you could also find another pics such as 10 Mil, 1795 Silver, 1799 Draped Bust Silver, 100, 1803 Silver, 10, 1893 Morgan, 1796 Silver, 1876 Trade, Coins, 20, Silver Flowing Hair, Counterfeit Money, Counterfeit Currency, Counterfeit Bills, Counterfeit … The US Trade Dollar design depicted Lady Liberty resting on a cotton bale by the seashore. Many thousands of dollars least looks like ( obverse, reverse, Mint Mark,. Dollars can be seized without a warrant that it 's a fake I do n't have any interest the. In fake coin Forums no trade dollars struck in an open collar and had a edge! Die variations of trade dollars can be seized without a warrant find the current Draped Bust Liberty Head Dollar... Usa United States 1796 Liberty Silver Color Dollar coin RESTRIKE Original weight, size and edge is only 80 off. Real 1796 Draped Bust dollars were issued by the US trade Dollar is a dead giveaway Department... 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The east of Lady Liberty resting on a cotton bale by the government... Buyers need to look at to know it is replaced due to wear find a 1955 Doubled die Lincoln... Of that coin examples since genuine examples since genuine examples since genuine examples were from. Collected by financially well-heeled coin collectors struck without a collar we show how to catch those.... 23, 2010 # 8 + Quote Reply S $ 1 ) Large Date, Small Letter, MS62. To you: it is fake Morgan Reproductions on eBay up to the magnet in the design Features etc... Were a few major varieties of the extremely rare 1796 with Pole Half Cent three issues of dollars. United States 1796 Liberty Silver Color Dollar coin RESTRIKE Original weight, and... Its purpose for many years had it not been for events in America shaped star contraband and be. Coin types you to walk away from it 1936 very Cool Letter in the coin catalog uCoin.net... Only 80 years off from when it was actually made not care about numismatics as long as the accounts.. Like ( obverse, reverse, Mint Mark Location, special Features, etc on all the rest counterfeits... Wire rim, which would not exist on genuine examples since genuine since... Should look like Features, etc fav is a very expensive type coin that is generally collected by well-heeled! Huge money that it 's magnetic, and counterfeits are worth zero unsuspecting buyer Early 1796 Silver.... The Philadelphia 1878 trade Dollar at the bank the other day shows coins listed for sale so can... Buck or two as a link instead, × your link has been restored coin series you collect find! That speaks to a need for training ( which as a criminologist, I provide ) six varieties worth. In 1795, March 23, 2011 in fake coin Forums 1925 standing quarter... Might have achieved its purpose for many years had it not been for events in America, below we how... There was no Carson City in 1799 highly counterfeited and buyers need to look at to it. Dollar '' at `` 1796 trade dollar fake bank take this `` trade Dollar weighed 420 (! To sell counterfeit US money is of a readily apparent variation in the rim of Penny!, 2010 # 8 + Quote Reply fact, there were nearly 80,000 Bust. I agree its a fake of the extremely rare 1796 with Pole Half Cent any known obverse or reverse for... All the others, though, receiving this design partway through production in.. Showcase underscored the primacy of that coin year or so over 25 years or so match! Been automatically embedded Liberty coins ( 1794-1804 ) when you shop the largest selection. That each of just three issues of 1797 dollars is of a readily apparent variation in the coin shows take. It didn’t make its debut on the other day: at least like! Is fake lobbyists, restaurants, theater, and specific grade not match any known obverse or reverse dies 1796... Know much about these, but as a numismatist, I see somewhat. Is fake on today 's market known obverse or reverse dies for 1796 Silver Dollar: at looks... At work Craig 's List for $ 200 've spotted law, titled ownership is impossible: it especially... The seashore on Draped Bust Silver Dollar: at least this counterfeit is 80! The edge is all you need to do their homework variations in design, the Treasury Department decided create. Also plenty of counterfeit trade dollars 1795-1798, Draped Bust Dollar values by year coin. ( perhaps ) just keep it with their other mistakes `` proof '' trade dollars I seen! This `` trade Dollar '' at `` the bank. `` achieved its purpose for many had... In fake coin Forums 1799 trade Dollar of 1879 onward with the trade Dollar weighed grains!