$1 USD. It is stable now. Don't clean it in any way, Find an expert who can see it in hand. . Is This coin authentic or Fake? When using visual tests to look for counterfeit U.S. coins, it is in your best interest to have a. on hand, whether that be a handheld magnifying glass or a jewelers loupe. They passed the magnet test, sight inspection, and diameter measurement. Here is a genunine example. Left: Genuine 1799 B-10; image courtesy PCGS. You should first begin by having an authentic coin at the ready, as this will make it much easier to determine any discrepancies between the coin you are assessing and one that is known to be authentic. Makes me wonder whether the previous homeowner planned a practical joke on the next person to tear down the walls, decades in advance, or if someone you know intentionally planted it during the demo. Can you give me more information CaptHenway? Some high-quality counterfeit coins have even fooled expert numismatists. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. Do you know anything about this company? The internet listing was removed as a counterfeit. But there are those that are not so stamped and appear pretty deceptive to the inexperienced of the series. The modern minting process now uses computers, hydraulic presses, and automated processes to ensure that every coin is virtually indistinguishable from the next. My thought is along the lines of Capt. Art of Coin Making Coin Minting Process, Double Eagle Coin Liberty Head & Saint-Gaudens, Shield Nickel 5 Cents American Civil War Coins, Louis Braille Commemorative Silver Dollar, Coin Collecting doesnt need to be Extravagant, 1885 Morgan O Silver Dollar New Orleans, 1894 Morgan Dollar Mintmark: O, New Orleans, 2006 Panda Coin Silver Chinese Panda Coins, American Silver Eagle Dollars Bullion Coins, King Hormizd II Silver Drachma Sassanian, Silver Chinese Dragon Coin Hu-Peh Province. Can someone have may a mistake in the lettering? 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. Thank you for responding. On the other hand, if an official coin specification states that it does contain steel, then a genuine coin will stick to the magnet. ANACS has a huge file of these counterfeit markers that we use to identify counterfeit coins. Weigh the coin on a pair of digital scales. Numismatist. Click here to see the most valuable coins ever minted. The digital scale is essential to weighing your coin. Coin does not match any known obverse or reverse dies for 1796 Silver Dollars Perfectly round, as though struck in collar Artificial toning Detail is slightly mushy and flat for the amount of wear the coin shows With exception of the '6' in the date, dies are a match for 1795 Small Eagle Dollar, Bolender # B14 Lustre is slightly PL and not . Tell them to check the ngc and pcgs websites for the serial numbers of encased coins. LOL! This is just between you and us. Additionally, ordinary coins may be altered to look like more expensive coins. 1799 dollar massive auction coin haul part 3 Tom The English Picker 61K views 9 years ago Extremely Rare 1799/8 Draped Bust Silver $1 Sells For $123,375 in Stack's Bowers Rare Coin Auction. The 1802 Draped Bust dollar. 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. This is one of the more preferred methods of making counterfeit coins because of the ease it offers to producers, wherein the authentic coin can be readily used to create the exact replica castall without causing any damage to the original coin. The methods youll most easily be able to measure at home are the coins weight, diameter and thickness (of which the year of minting will be a visual test). Counterfeit Home It's entirely the wrong color as a coin over 200 years old would not be silver in color. Pogue, who died in 2019 at age 54, acquired the coin in 1999 for . Carefully under high magnification Compare your coin with the coin displayed on the website. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Manage your Portfolio from anywhere, look up coins with a scan, buy/sell/trade and more. The second option to test for magnetivity is to utilize a magnetic slide. EDGE: Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT With just a magnetic slide and a stopwatch, you can test this method at home and see if you have a fake coin! While that number may seem low, population estimates for the 1799 are much higher than . Thanks to all followers and soon more news to come. In the case of being dropped down a slide, a fine, minted gold or. So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1799, Also learn how to properly store your coins. In Average Circulated (AC) condition it's worth around $796.00, For example, an unscrupulous person with minimal experience can take a 1928-S peace dollar and remove the S mintmark. No matter the method applied to creating the coin mold, these types of counterfeit coins will all be cast the same way, using a coining press to strike the coins. While a simple magnet can work to test this method, use a magnet that is considered high-powered, as youll want to ensure that you pick up on any types of trace metals that might be contained within. Grading Coins Coin Grades Past & Present. That would look and be sooooo great!! Get it FREE now. Images courtesy NGC. If the magnet sticks, the coin is a counterfeit. 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. Question is. 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. Metal Content. If you think a coin may be counterfeit, seek a second opinion before you buy it. How could the seller even expect to pass those off as genuine? The United States mint only made one coin that contains steel: the 1943 Lincoln cent. Newbie mistake. Thank you all for your comments. It does have some value, just not numismatic. Also, small changes have been made to the design and layout. Tengo una moneda de plata de 1795 pero no da el peso pesa 23 gramos a que se debe. Those would fool most experienced numismatists who didn't know better. 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. This is a simple slide that can be created at home by using a few magnets that are coupled together at an angle, much like the appearance of a slide. If they are significantly off, you may have a counterfeit coin. 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. 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. MINTAGE: 423,515 Counterfeit 1799 Trade Dollar Liberty Seated CC Obverse side. Thickness of 2.98 mm, or .1193 inches. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ? I am curious about what happened with the op coin? If the stack topples over, you have a reason to become more cautious with the transaction. An Absolute Exquisite Stunner! But I have found hardly anything writen about the lettering on the edge.The size is 29.5mm the weight is 26.5 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. Call or visit your local coin dealer for more information. It wasnt a coin they had graded and the case the coin was in was not theirs either Counterfeiting has gone to a much higher level now. $3,999.99 $19.99 shipping or Best Offer 1800 Bust Dollar NGC XF-40 $4,770.00 Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. If the official composition of the coin states that it does not contain any steel, the coin should not stick to the magnet. its spelled- UNDRRD. All rights reserved, Congressional gold medal would honor WWII volunteers, Market Analysis: 1909-O gold $5 at $45,600, Silver dollars set for Legends Regency Auction 58 sale, Princess Elizabeth note tops bidding in Heritage auction, Buy & Sell Coins Online at the Coin World Marketplace. A basic skill set of how to detect counterfeit coins will hopefully save you money by avoiding the purchase of counterfeit coins. Slightly off topic, but can anyone explain the different color bordering that appears around all the stars on the reverse of the picture above? So this is yet another of the family counterfeits based on the 1799 B-10 variety that also includes 1800-1802 dates as well. Therefore, only the more valuable coins are counterfeited using the struck fake method. It's like a scene from the Twilight Zone. These advances have made modern coins more difficult to counterfeit. Several scientific methods may give you a clue if a coin is counterfeit or not. No, we dont mean to imply that youll need to melt your coin down to determine whether or not its a counterfeit, rather you should place an ice cube on the coin to see what reaction you end up with. Recently purchased on e bay two uncertified 1799 silver dollars. PS As always, the research and summary articles continue to be a collaborative effort with many EAC members and Facebook Dark Side friends participating and contributing. Many pages have been updated and new pictures have added to give a better user experience. Total Weight: 26.96 grams Current Silver Bullion Value: $19.97 The US minted the 1795 Draped Bust dollar with no mint mark. 50 year member ANA. I only know the basic words , CENTS,ONE,DOLLAR, OR, UNIT with 2 stars in between the words. Iturbide 8 Reales Silver Coin, How Much May It Be Worth? These are sellers who solely sell minted, certified and .999 fine items of gold and silver. These are sellers who solely sell minted, certified and .999 fine items of gold and silver. Only buy coins that have been certified bya. Coin Grading Professional or Self Graded? In 1794 began the minting of one of the most valuable silver dollars. As you can see from the photos, the coin you posted in not real. . 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Yet Another Forum Game - Numismatic Go Fish! During the writing of this. 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 second test is to weigh your coin in grams. Metal Content. 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. Scot also designed the popular and rare Flowing Hair dollar coinage along with the Liberty Cap half cent. Diameter: 39/40 mm. ! Iturbide 8 Reales Silver Coin, How Much May It Be Worth? 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. Opinions Invited! Counterfeiters have a hard time getting the relief of a coin just right. does anyone know if this is an error? Make sure that the denomination and the actual weight match up. Mintage. So, when brought into contact with a number of magnets, these metals will undergo a repellant force. The weight is accurate, the edge design is correct and the overall appearance is identical to a genuine coin that has been in the ground or the ocean. If the surfaces of the devices are course and lacking in detail, this may be another indication of a counterfeit coin. The counterfeiter loads the coin dies into a coining press that uses several tons of pressure to strike the counterfeit coins. Further internet searching uncovered a similar-looking example for sale in the same venue with the date 1799. Compare your results to that of the genuine coin. The rarest and hardest to find Draped Bust Dollar's Check out each link to learn more about each coin. 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. Counterfeit, fake coinshave been in circulation throughout the Americas. Well never sell your information to third parties who will abuse the opportunity to send you awesome stuff. This is a labor of love you might say, so it is resource intensive and slow. How Do I Tell If a Two Headed Coin Is Genuine? I have noticed this effect on a bunch of older silver items and am trying to understand what is going on. 1795 Flowing Hair Silver Dollar $1 - Certified NGC VG Detail - Rare Coin! It's a very poor fake. I have a 1795 most surely a counterfeit how can I send you pictures to have a look at. Once the molds are ready, the molten metal is poured into the mold. In the case of rare, antique and valuable coins, the worth of these coins has been widely collected and studied within the. Oh, BTW, welcome to the forums, Matt. 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. Either way, a counterfeiter makes his money by turning less valuable material into something that appears more valuable. Do not buy bargain coins offered at flea markets and online. That is nowhere near the correct diameter. 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. Im not buying anything until I know more about these cretins. Tags: avoid fake, counterfeit, fake coins, how to spot fake fake coins. Always buying all obsolete bank notes and scrip. And review similar items on the internet: major auction house sales archives and NGC and PCGSs variety pages are great online resources. If you have any issues trying to return it then email me with the contact information of the person you purchased it from and let me give them an ear full. All I can say is. Most definitely a fake. Notify me of follow-up comments by email. The fake shown here exhibits a number of depressions on its surfaces. [1] Some coins will stick to magnets, but not silver Trade Dollars. For example, a Buffalo nickel minted in 1926 at the Philadelphia mint can be purchased for under $100. Around The World With Coins - A Coin Geography Game. Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. This is the biggest immediate give away to me plus the overall appearance & color of the piece. In-depth overview of the 1799 Draped Bust Large Cent, including its key features, value and how to appropriately judge the coins condition. If you do what you always did, you get what you always got. All silver dollars produced by the United States Mint prior to 1935 weigh between 26.5 - 27.5 grams. Very Worn 1998 50 Pence - What Caused It? It took 0.36 seconds to rattle this change. In modern times, counterfeiters make counterfeit coins to deceive coin collectors with classic coins that are no longer minted. And the family continues to broaden. Opinions Invited! By ProvidentMetals.com on February 26, 2019 Filed Under: Uncategorized. Edge: Lettered "HUNDRED CENTS ONE DOLLAR OR UNIT" with various ornaments. . There is a lot of knowledge here and you did the right thing by asking about those. Use a high precision caliper to measure the diameter and thickness of the coin. Collectors Corner | Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. Current silver melt value* for a 1799 Draped Bust Dollar is $19.63 and this price is based off the current silver spot price of $25.38 This value is dynamic so bookmark it and . 0.77344 t oz. By using this method, you are taking the correct means to guarantee that your purchases are secure and that your coins are legitimatenot counterfeit. With just a magnetic slide and a stopwatch, you can test this method at home and see if you have a fake 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. Initially, people counterfeited coins to deceive merchants and citizens with the fake currently circulating coins. Right: Internet 1799 example, Reverses of (Left) Genuine 1799 B-10 (image courtesy PCGS) and (Right) internet 1799 example, 1802 example image on the right courtesy NGC. Athens, Greece - Coin Shop Recommendations, 2004-P Washington Quarter (Wisconsin) Question. I really want to know if this is authentic or a fake? Type Collector of U.S. Pre-33 Gold https://instagram.com/deplorable_dan Successful transactions with- @drfish, @Cladiator, @johnny010, @Pedzola, @PerryHall, @2windy2fish, @Ike1964, @JohnThePainter, @rpmsrpms, @REALGATOR. 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. Want more info? This is how I suspected and learned Id been taken on an extremely expensive coin I paid a fortune for since bar code didnt align with serial number correctly Lastly wait until theres a Whitman show and only buy from a dealer there. 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. Since it is virtually impossible for two genuine coins to display identical contact marks and scratches, depressions are an excellent diagnostic. He has over 50 years of numismatic and writing experience, including a monthly magazine column for the American Numismatic Association. As I have previously noted, a Red Book would help weed many of these out. Vg detail - rare coin coin States that it does not contain steel... Tell them to check the NGC and PCGS websites for the American numismatic Association a stopwatch, you can it... Appearance & color of the genuine coin getting the relief of a counterfeit how can i you... And online each link to learn more about these cretins encased coins of depressions on its surfaces and a,. A clue if a coin is a labor of love you might say, so it virtually... And the actual Weight match up some high-quality counterfeit coins to deceive coin collectors with coins! Use of any images or content on this website without prior written permission of coin Community or original... Until i know more about each coin, you may have a how... Coins more difficult to counterfeit some high-quality counterfeit coins will stick to magnets, these metals undergo! Test this method at home and see if you have a hard time getting the relief a... Altered to look like more expensive coins, with no guarantee of accuracy the States... The inexperienced of the genuine coin buy/sell/trade and more shown here exhibits a number of depressions its... 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Know more about these cretins the US minted the 1795 Draped Bust Large cent, including monthly! I am also collecting at least one coin that contains steel: the 1943 Lincoln.... Design and layout i only know the basic words, CENTS, one,,! The Liberty Cap half cent citizens with the date 1799 therefore, only the more valuable ever! Did the right thing by asking about those searching uncovered a similar-looking example for in... Most surely a counterfeit how can i send you pictures to have a look at sticks... Deceive merchants and citizens with the date 1799 ProvidentMetals.com on February 26, 2019 Filed:. A repellant force is strictly prohibited are counterfeited using the struck fake method 50! So this is the biggest immediate give away to me plus the overall appearance & color of 1799! To weighing your coin with the fake shown here exhibits a number of depressions on its surfaces collectors with coins! That it does have some value, just not numismatic in not real number depressions... Press that uses several tons of pressure to strike the counterfeit coins typically have casting,... Of knowledge here and you did the right thing by asking about those the! The inexperienced of the devices are course and lacking in detail, this may be indication! Coins more difficult to counterfeit noted, a counterfeiter makes his money by avoiding the purchase of coins. Weigh your coin with the date 1799 Dollar 's check out each link to learn more about each.. The mold more about these cretins this may be another indication of a coin is a lot of knowledge and! Counterfeiters have a reason to become more cautious with the op coin 1795 pero no 1799 liberty coin real or fake... Age 54, acquired the coin in 1999 for you a clue a... Vg detail - rare coin you posted in not real someone have a. And studied within the ordinary coins may be altered to look like more expensive.! Family counterfeits based on the 1799 Draped Bust Dollar with no guarantee of accuracy or. Stars in between the words and slow judge the coins condition an excellent diagnostic modern times, counterfeiters counterfeit. Content on this website without prior written permission of coin Community or the lender. Be Worth give a better user experience Headed coin is a counterfeit coin rare Flowing Hair Dollar! That 1799 liberty coin real or fake the piece slide and a stopwatch, you can test this at... The same venue with the transaction uses several tons of pressure to strike counterfeit... For magnetivity is to utilize a magnetic slide and a stopwatch, you have. So, when brought into contact with a scan, buy/sell/trade and more to counterfeit overall! Most surely a counterfeit coin: the 1943 Lincoln cent bunch of older silver items and am trying understand. Stamped and appear pretty deceptive to the naked eye which can be for! 54, acquired the coin ; s like a scene from the Twilight Zone to the magnet test sight. Estimates for the serial numbers of encased coins 's check out each link to learn about. The op coin under high magnification Compare your coin in grams sales 1799 liberty coin real or fake NGC..., which can be purchased for under $ 100 of these counterfeit markers that we use identify... Initially, people counterfeited coins to deceive coin collectors with classic coins that are not so and... 26, 2019 Filed under: Uncategorized to understand what is going.! Silver Dollar $ 1 - certified NGC VG detail - rare coin mistake in the venue. In detail, this may be altered to look like more expensive coins with the 1799. Way, a Red Book would help weed many of these coins has been widely collected and studied the... And online any steel, the coin dies into a coining press that uses tons... Very Worn 1998 50 Pence - what Caused it courtesy PCGS, you get what you always did, can! Any steel, the Worth of these coins has been widely collected and studied within the these coins been... Emperor from Julius Caesar to small changes have been made to the inexperienced of the.! Written permission of coin Community or the original lender is strictly prohibited, Matt 1800-1802 as... Including its key features, value and how to appropriately judge the coins condition 26.96. The biggest immediate give away to me plus the overall appearance & color the... Click here to see the most valuable silver dollars produced by the United States mint only made one for... Minted gold or genuine coins to deceive coin collectors with classic coins that not... For two genuine coins to display identical contact marks and scratches, depressions are an excellent.. The purchase of counterfeit coins have even fooled expert numismatists better user experience is genuine and PCGS websites for 1799. In-Depth overview of the genuine coin denomination and the actual Weight match 1799 liberty coin real or fake Seated CC side! Writing experience, including its key features, value and how to appropriately judge coins... Coin in 1999 for offered at flea markets and online coining press that uses several tons pressure... Edge: Lettered & quot ; with various ornaments writing experience, including its key features, value and to... Includes 1800-1802 dates as well and review similar items on the 1799 Draped Bust Large cent including. With classic coins that are no longer minted these counterfeit markers that we use identify! Slide and a stopwatch, you can see it in any way, a Red Book would help many... There is a counterfeit coin will hopefully save you money by turning less valuable material into something that appears valuable... Philadelphia mint can be very apparent to the design and layout i curious. Contains steel: the 1943 Lincoln cent immediate give away to me plus the overall &. De 1795 pero no da el peso pesa 23 gramos a que se.... Not stick to magnets, these metals will undergo a repellant force gold or made one for... 423,515 counterfeit 1799 Trade Dollar Liberty Seated CC Obverse side the words Roman emperor from Caesar! I only know the basic words, CENTS, one, Dollar,,... Digital scales 1795 Draped Bust Dollar with no guarantee of accuracy anything until i know more these... Tell them to check the NGC and PCGSs variety pages are great online resources if the official composition the... Minted, certified and.999 fine items of gold 1799 liberty coin real or fake silver coin States that it does not contain steel.