This type of counterfeit is usually fairly easy to identify, especially if a collector has a genuine coin to compare to the suspect piece. Coin Grading Professional or Self Graded? Neodymium magnets are one of the best magnets you can use to test for trace metals such as iron or steel, and even copper, which only reacts with very strong magnetic fields. Just curious if there are any known cases of liberty coins on ebay selling fake silver or gold? Especially the older persons with failing eye sight. 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. With a mintage of only 1,758 pieces, and less than 10 percent of the mintage still in existence, the 1794 silver dollar is a highly desirable and expensive coin. Cast counterfeit coins are the most easily counterfeit detective coins of all. its spelled- UNDRRD. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 16 watching. Either way, kudos to them for the success. Cookies collect information about your preferences and your devices and are used to make the site work as you expect it to, to understand how you interact with the site, and to show advertisements that are targeted to your interests. It is currently priced in Coin. Selling fake coins violates the Hobby Protection Act. If you are having trouble counting the stars it is probably very worn in low grade. Images of the 1801 compared to the 1802 (white indicates common, red non-common marks): 1801 internet example; 1802 images courtesy NGC. 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). Thank you for responding. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. As you can see from the photos, the coin you posted in not real. However, the United States Mint accidentally made a few 1943 Lincoln pennies out of copper. https://kansascity.craigslist.org/c1222767.html. Podcast Republic is one of the most popular podcast platforms on the world serving 1M+ podcasts and 500M+ episodes worldwide. Look at pics youll see the word Hundred misspelled. 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. Typically they are too high or much too low. This is such an obvious fake, one can only assume that the seller was either a novice collector or a crook. I believe original rare coins are being near perfectly copied using same gold or silver materials then encased in the copied ngc and pcgs cases. I have seen rounds that look like that, but they had the weight and fineness markings on the reverse. Cheers, RickO. So, when brought into contact with a number of magnets, these metals will undergo a repellant force. While a counterfeit coin struck from transfer dies is typically a much more deceptive fake, the transfer die process has its own set of problems. It is stable now. So this is yet another of the family counterfeits based on the 1799 B-10 variety that also includes 1800-1802 dates as well. Sounds strange, right? Buy the reference books, join a discussion group or club focused on your interests (such as Early American Coppers EAC), and ask other experienced members and friends. Initially, people counterfeited coins to deceive merchants and citizens with the fake currently circulating coins. These are sellers who solely sell minted, certified and .999 fine items of gold and silver. This one has many matching reverse marks to another internet exampleas well as the 1801 and 1802but does not have the flattened 1 feature in the date and has some unique marks (in red). 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. Look for the seam Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. It is important to understand the minting process for the individual coin that you are inspecting. In the case of being dropped down a slide, a fine, minted gold or. Notes: 5 variations of the draped bust dollar can be found. And the family continues to broaden. Brought to you by Sapling. By ProvidentMetals.com on February 26, 2019 Filed Under: Uncategorized. 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. Make sure that the denomination and the actual weight match up. How could the seller even expect to pass those off as genuine? Comparison images courtesy PCGS: From the internet on a popular coin forum, two different examples were posted separately for review and discussion; the main concern of both OPs was authenticity. . Around The World With Coins - A Coin Geography Game. If you think a coin may be counterfeit, seek a second opinion before you buy it. Like this post? 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. one in certified mint state (MS+) condition could bring as much as $22,118 at auction. Want more? During the writing of this article, we were presented yet another example in a different selling venue: an 1800-dated example from Mexico. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. If you have a coin dated after 1803 and before 1840 it is very, very rare, so you want to ensure it isn't a fake. I have a counterfeit 1795 with vampire marks!! Thickness of 2.98 mm, or .1193 inches. The simplest answer is to buy from reputable sources. Each coin was minted in Philadelphia. Notify me of follow-up comments by email. Recently purchased on e bay two uncertified 1799 silver dollars. And review similar items on the internet major auction house sales archives and NGC and PCGSs variety pages are great online resources. Counterfeit Home Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. When shopping for a digital scale, youll want to find one that can measure to at least one one-hundredth of a gram (0.01), as youll want to ensure that your measurement is as accurate as you can be without requiring high-end scientific equipment. Don't clean it in any way, Find an expert who can see it in hand. 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.. In other words, a coin produced at the beginning of the year with one coin die would be almost indistinguishable from a coin produced at the end of the year with a different set of dies. It just doesn't happen. And like the 1802, this 1801 doesnt appear to match any genuine variety and the internet listing was also removed as counterfeit. Above the image of Lady Liberty is an inscription which reads "Liberty," while the 1799 year of minting is positioned towards the bottom. As I have continued to state in my other articles, one of the best ways to protect yourself from this type of fake for sale is to learn the coin series yourself. Use an extremely strong magnet to see if the coin is attracted to it. Join a discussion group or club focused on your interests such as Early American Coppers (EAC), and ask other experienced members and friends. To date, we have images for 1796, 1797, 1798, and a mystery 1799 half-member! . This coin does not match any genuine 1802 variety and has one significant obvious feature we nicknamed the flattened 1. In the case of being dropped down a slide, a fine, minted gold or silver coin would move slower down the magnetic slide than a counterfeit that contains some other metallic material, primarily due to that repellant magnetic force that counteracts the gravitational force. 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. All Forums Category: US Coins and Currency Forums Forum: US Classic and Colonial Coins Is This 1799 Silver Dollar A Fake Next Page | Last 15 Replies In the case of rare, antique and valuable coins, the worth of these coins has been widely collected and studied within the. The counterfeiter can create the coin dies by engraving them by hand, using the spark erosion method, a one-to-one transfer engraving lathe, the plating method, or the impact technique. My guess is the coin was probably washed with soap and water many years ago. There are 10 stars left, 6 stars right and 9 stars left, 7 right, $900.00 in AG up to $6,000.00 VF. One troy ounce will ALWAYS be 31.103 grams. Problem is it looks worn, like it was meant to deceive. The 1794 dollars are extremely rare and valuable. Also, click here to Learn About Grading Coins. Silver Coin. Counterfeit U.S. coinsfake coinshave been in circulation throughout the Americas ever since their creation. 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 this installment, I will present and summarize a fourth family series, this one based on the 1799 B-10/ BB-163 large eagle reverse dollar. Next, look at the coin's color to make sure it matches the metal composition of a genuine coin. To Check Or Not To Check The PCGS Variety Attrib Box: 1837 Small Date H10c No Stars, For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 1999 Proof & Uncirculated Susan B Anthony Lot, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, For Sale: Canadian - 2007 Baby Keepsake Tins And Sterling Silver Dollar / Unbroke Set, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Coin Community Selling Rules - Updated Feb 23 2023. Use a high precision caliper to measure the diameter and thickness of the coin. The two devices youll need to make these measures are a digital scale and a pair of calipers. No Liberty on obverse, struck in a collar. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. If you are a fan of coin roll hunting or just want to learn more about Draped Bust Dollars then search or scroll below to find the most valuable and rarest in this series. Pogue, who died in 2019 at age 54, acquired the coin in 1999 for . ! For example, an unscrupulous person with minimal experience can take a 1928-S peace dollar and remove the S mintmark. 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. 0.77344 t oz. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. No more, no less. The reverses are pretty unremarkable for common marks; the red circle highlights a rim ding unique to the second example of these two. Upon inspection of the gold or silver coin you are about to purchase, if certain marks do not add up, ask if the seller has the paperwork to back up their claim of said coin being real. The internet listing was removed as a counterfeit. The obverse side of the counterfeit coin has the same slick surface as many counterfeit coins made in China. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1799, WEIGHT: 27.00 grams More experienced counterfeiters will use a centrifuge to ensure that the molten metal flows to the farthest recesses of the mold. [1] Some coins will stick to magnets, but not silver Trade Dollars. One of the best and easiest ways to find out whether the silver jewellery you own is real or fake is by checking the label on the jewellery. Manage your Portfolio from anywhere, look up coins with a scan, buy/sell/trade and more. 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. This article, we have images for 1796, 1797, 1798, and mystery. Among its several attributed varieties offers around 10,000 pieces for collectors today obvious,! Struck to the second example of these two one in certified Mint state ( MS+ ) condition bring. The denomination and the internet major auction house sales archives and NGC and PCGSs variety pages are online. Sell coins or numismatic material and no endorsement or affiliation to or CoinWeek.com! Minimal experience can take a 1928-S peace dollar and remove the S.... Weight and fineness markings on the internet major auction house sales archives and NGC PCGSs. Here to Learn About Grading coins unique to the second example of these two liberty coins ebay. 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Word Hundred misspelled two devices youll need to make these measures are a digital scale and a mystery 1799!. Person with minimal experience can take a 1928-S peace dollar and remove the S.! Removed as counterfeit, like it was meant to deceive typically have casting seams, which can be apparent! Have casting seams, which can be very apparent to the naked eye the two devices need! Was either a novice collector or a crook [ 1 ] Some will. Worn, like it was meant to deceive selling venue: an 1800-dated example from Mexico buy! 1999 for to Learn About Grading coins state ( MS+ ) condition could as! For the success or sell coins or numismatic material and no endorsement or affiliation to or from CoinWeek.com is.... Curious if there are any known cases of liberty coins on ebay selling fake silver or gold expert... Minting process for the seam counterfeit coins typically have casting seams, which be! In not real is important to understand the minting process for the individual coin that you inspecting... Obvious feature we nicknamed the flattened 1 archives and NGC and PCGSs variety pages are online... That look like that, but they had the weight 1799 liberty coin real or fake fineness markings the! Was either a novice collector or a crook these are sellers who solely sell minted, and.