Your email address will not be published. At this point in American history, all silver dollar coins had largely been replaced by paper money, with a few exceptions existing in the American West where people still preferred silver coins. Composition: 89.24% silver, 10.76% copper Year: 1801 The Numismatic Guaranty Corporation (NGC) recently reported a new Morgan Silver Dollar fake, which is concerning for two reasons. So my initial guess is that it won't be worth $1, and that no effort expended on it is worth your time. Since this coins appearance is similar to many of the Chinese counterfeits seen by NGC on a regular basis, it is important to be watchful for all of these diagnostics, regardless of a coins date or denomination. 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. There are a lot of scammers out there so be careful. How about the 1804 liberty from China does anyone have information about them? Silver is a conductor of heat and as such, will continue to emit enough thermal energy to immediately begin melting an ice cube without assistance. But I am wrong more than I am right so go for it. Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. ZjY5YTM4NDcyZDdkYWNiZDlkNjMxM2FiNzYzNWY3ZWM4MWI4OTZmOWQ2MDgy The location of all of the 15 known 1804 silver dollars are known. A little history about the first Silver Dollar, Creative Commons 3.0 no derivative works license, Most valuable rare Australian coins list and Value. Is it real or fake? Uncirculated coins with a grade of MS 60 can sell for around $29,500. But on a side note there are a great amount of differences in that and a known to be genuine 1804. During its Golden Age in the 17 th century, it was the center of trade and the wealthiest city in the world. The combination of these problems allows an NGC grader to quickly condemn it as illegitimate. 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. There are a number of raised tines around the letters and numerals that are never seen on genuine examples. Click here to Learn How to use Coin Price Charts. NWRiNjZjMDA3MTk4ODUzMjQ3YWViZGI5OTI5Mzg4N2Y4ZDY4OTdlYTY1ZTQw How to Tell if you have a Real one Mints & Value Chart. YjUxNWJlYzFkMDhmNmI4OGFlN2ZiNmZkMGI1Y2UwZWQ3MWRhYjZmYjZlNGIx & 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. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, Overall and Comparative Rarity Analysis of Dahlonega Gold Coinage, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. Lets go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. With regards to the 1804 silver dollar, it was never a circulated coin. For example, 1895-CC coins are common counterfeits, and easily identified as such because there were no Morgans struck in Carson City that year. 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? Like Americas gold coins during the Great Depression, the Morgan Silver Dollar was part of a roundup by the Treasury Department. NzdmYjhlZmM5OGZhYjFmMzgyNDcwODI3MWJlYTBhYTM0MzFlYzg3MzBiZDM5 In very fine condition the value is around $2,500. Among the most commonly spotted are the following: The Carson City Mint and the Denver Mint are often given credit by counterfeiters for Morgan Silver Dollars they never struck in the first place. In a situation such as this, be sure to do as much research as possible about the common marks and designs that are consistent with the piece you are considering buying. This new counterfeit also featured a reverse die flaw used previously on the 1893-O counterfeit, and the 1896-O and 1900-O Morgan Silver Dollar counterfeits. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. I am a specialist in Spanish currency (from the Catholic Kings to today), euros and large silver modules. The government melted down some 270 million Morgan Silver Dollars, a figure that was roughly half the entire mintage from 1878 to 1904. Extremely fine- Liberty's drapery and hair are completely visible. Type: Draped Bust Dollar The Coinage Act of 1792 called for the silver coinage to be struck in an alloy consisting of 89.2% silver and 10.8% copper. Your access to this site was blocked by Wordfence, a security provider, who protects sites from malicious activity. The 1801 silver dollar is worth around $1,050 in good condition. Perhaps one that happen to be minted in the year 1804? John.i would be greatful if you could give me your opinion.i have an 1804 dollar my scale says it weighs 36.5g and it doesnt stick to the magnet. ODJlN2M2MTkzZTUwYjRhMjcwNDA3MzVkYzc3MWViYzcwMTFhMTBjMDgxZGM4 It has, in this case, two variants, one with the bust aligned and the other not. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. The wrong reverse hub type was used on this particular coin. 2023 Liberty Coin & Currency "Liberty Coin and "Liberty Coin & Currency" are trademarks of Liberty Coin, LLC (Signal Hill, California), and are used under license. Today, it endures as a gateway capital, well connected to the continent with high-speed rail, an airport that flies to more than 300 destinations and a top five European port. M2QzNGU0NWEwMjVjN2YwZDZjOTBiY2IyNDAwZmY4OGRkZTk3YzgwMjBkYjlj Go back and look at Old-School's post. Dont be casual about counting the stars, number of leaves or even the eagle feathers on the back; were talking about a lot of money at stake. There is a third major type of Draped Bust collector those who desire one of every major die variety. You're story is also quite difficult to buy, just like the coin. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. NjQ0NGY1ZGFmMWMzMDc5MTZiMDBhNDk5MzQ5ZDA3OGQ3ODYzOWM2MjcwNTNi Forgeries may not be identical to the originals in appearance, and in fact, they often have some error that can tell you its a fake. Unsubscribe at any time. First of all, the odds are astronomical against it being genuine. Required fields are marked *. Liberty Coin & Currency specializes in rare coins and currency. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. A friend of mine, who is an amateur coin collector, have a small collection of US coins. Enter your email address and we will send you a link to reset your password. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Coleccionistasdemonedas.com is an independent website. YTVkMGM4NTY3MGE4YWE4Zjc0YTZmNTU3N2IyOTY5N2QwMWVhMGFmNWY4ZGMz The next two columns list the buy price and the sell value for an average uncirculated. The 1794 dollars are extremely rare and valuable. They will indicate certain signs to look out for, such as marks on the neck, the shape of the stars, etc. It is in no way an estimate on how many 1800 Draped Bust dollars survive today, which is certainly lower than the original mintage figure. YmE2MzkwYzZiYzA2YTRkNDYzMzdjOTBlMDA2YjQwMGM5NjY0ZGMyMTlkMDRk 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. Delft Blue. You can also do some measurements of the coin . Farewell ("real Expert"). It helps to be very familiar with the coin in question and, ultimately, to have another certified genuine coin to compare it to. Seriously, Is This a Genuine or a Fake 1804 Silver Dollar?. SKU: NNC-270023 Category: Liberty Head $20 (1849-1907) Description. Welcome to the world of coins. And I haven't even looked at the rev yet. The 1804 dollars have had little to do with Iran. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. Vancouver, WA 98662 On its back, an eagle appears in the center with laurel leaves wrapped around it. 1800 Draped Bust Silver Dollar PCGS Genuine Graffiti-VF Detail, RARE COIN! CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. MGFiNDE3OTBmNzFmMDg2ZGViOWI5NTRjNjMzMzQ2M2Q1ZmMwMGY1NmQ3ZDRi By some estimates, only about 4,500 still survive among all grades combined. Click here to Learn How to use Coin Price Charts. THANKS! Well never sell your information to third parties who will abuse the opportunity to send you awesome stuff. ODAwMmM4YzMzOWQwYjU5ODc5M2M4MDU2MGQ3ZDg5MDExYjUzNjQ2ZTZmOGNm note: This article is periodically updated to reflect the current price of most valuable coins. MDMwZDYzYjg4ZWQxZDEyNDViN2E1N2NkMmJiMTFkZTU1ZWMyMzUxOWJkMmQw How can you tell if a capodimonte piece is real or fake? MWZlN2JjMzc0MzRhZmIxMGNmNTNkOGYxYTNjZjNhM2EwZjlhYmY1MWVkY2E0 By Max Spiegel Numismatic Guaranty Company (NGC) . ZTdhNWZkZWQ2MWZmMzc0NjBmYjAyNTBlZWIyNWI4Y2VlZDc3ZDA3ZmFlZjVl Good- The bust is outlined but there is no detail. MjUyOTAwNjAxYTY1Y2ZkZWRiMTg0ODA5YzEzN2IwYTU0ODczM2I1ODk0ZTg4 eyJtZXNzYWdlIjoiOGEzYWZiODU0YzJhODUyNDM2MDk5ZTU5YjE0YmY1ZGUy With Morgan Silver Dollars as popular as ever, counterfeiters are trying to cash in with advanced forgeries. If you like this article, then you might enjoy other articles in our archives, such as 5 Must Have Books For All Coin Collectors. 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. There are very complete guides that I recommend for comparing authentic coins with their main counterfeits. Find many great new & used options and get the best deals for 1842 $1.00 ANACS VF30 1800's Silver Dollar, Liberty Seated Dollar at the best online prices at eBay! Submit a Want List; Select Page. I already did a lot of research and comparisons on real and fake through images, weight , magnetism etc. The NGC and PCGS also recommend purchasing from reputable sellers and buying coins that have already been authenticated through their organizations. Damn, I fell for old, outdated post again. On the fake coin, note the high date, smaller figure, small sloppy stars, etc. pls say me it is real or fake. Graduated in Labor Relations and Human Resources. 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