or Best Offer. There is no clear answer to that. A fine specimen of this coin sold at auction for ten million dollars in 2013 making this the most valuable coin ever sold. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. I said sorry guys they said real. Here are a few of my methods in determining if a silver dollar is real or not before you buy it. If you look at the same letters on a genuine coin, you will see sharper bases and the letters look much more substantial, even though some bifurcation can appear on early dollars. Seller: GreatCollections Coin Auctions. I just hate to see a narrowly defined, perfectly descriptive term, bastardized over the years. By Mike Sargent - Weight was 22.8 grams. That said, and just for the record, there is a circumstance where a genuine coin can be underweight and have raised "bubbles." ... to prevent our customers from wasting their time and money driving to our shop only to be told what they have is a fake, we encourage them to try a couple of things at home to identify a counterfeit. or Best Offer. 1795 Draped Bust Silver Dollar $1 Coin ANACS VF-35 Details Plugged. Is My 1795 Silver Dollar Real? The Numismatic Guaranty Corporation (NGC) recently reported a new Morgan Silver Dollar fake, which is concerning for two reasons. Successful transactions with : MICHAELDIXON, Manorcourtman, Bochiman, bolivarshagnasty, AUandAG, onlyroosies, chumley, Weiss, jdimmick, BAJJERFAN, gene1978, TJM965, Smittys, GRANDAM, JTHawaii, mainejoe. Depending on the variety and condition of the coin it could be worth anywhere from a few hundred dollars to over $100,000. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. I agree that this particular coin is in most likelihood fake. Mint plugs are frequently seen on the 1795 Flowing Hair dollars (and a few 1795 Flowing Hair half dollars), but not the 1794 issues, until now. There is an image of it; however, it is not authentic. If you want to get involved, click one of these buttons! As we start examining the coin, we find minor variances from a genuine piece. There is also a depression on the upper half of the vertical bar on the "L." There is a small depression or tooling mark on star #6 at 10:00. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. Thank God we don't see such stubbornness on this forum! The coin weighs in at a very accurate 26.90 grams compared to the genuine coin weight of 26.86 grams; an ideal weight for an uncirculated coin is 26.96 grams. I'll dig up an image of a coin where the term "selective corrosion" applied in the past. Ends: 01/17. Since I claim to be the originator of that term in the numismatic lexicon to describe a characteristic we first saw at ANACS, I suspect someone (who knew very little about the characteristics of coins) moved to CO from DC and corrupted the term. 1795 "Silver Plug" FLOWING HAIR 3 LEAVES SILVER DOLLAR … 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. The edge is a sure giveaway when you have a genuine coin to compare it to. "Sarge" maintains a comprehensive database of known counterfeits and unfortunately is frequently adding new ones. If the soil is acidic enough and wet enough the surfaces not covered by the spatter can corrode away, reducing the weight and leaving little raised areas. Actually, it is "real." Experience the World through Numismatics...it's more than you can imagine. If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn't have the word COPY stamped on it's surface than it's a counterfeit. Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. $3,294.50. Original 3 leaves. However, in numismatic nomenclature, coin collectors refer to the eagle on the reverse of the 1795 dollar as a “small eagle.” The Professional Coin Grading Service total of 2,587 includes just 45 in Mint State. It's called selective corrosion. It's a "perfect" copy except for weight and thickness so sitting in a binder next to the other real ones, it looks real and it is nice to have that hole filled. @asheland said: @MFeld .... Of course, you are correct....and I have seen that many times when people have brought me Grandpa's Morgan dollar, believing it was super valuable...and then getting angry when told it was not...even showing them coin books stating values...Thanks for reminding me...Cheers, RickO. How Can I Check If My Breitling Watch Is Real Or Fake? The denticles at 2:30 and again at 3:30 have a patch of raised tooling lines and there is a depression in the right obverse field at about 3:00. New Dollar Wallpaper HD. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. While the 1795 Draped Bust dollar depicts a significantly different version of Miss Liberty than is seen on the obverse of the Flowing Hair dollar, the eagle on the reverse both silver dollar types is vastly similar. Watch Out for Embossed Mintmarks, Encore Dollars: Dollar Coins That Came Back One More Time, 1804 Draped Bust Dollar Snags $1.44 Million At Coin Auction. The reverse of this counterfeit has less remarkable counterfeit traits. Of course, I'm not the final authority on numismatic terms. Some coins from 1794 and 1795 began as silver … There were 5 different variations of this coin in 1797. A Genuine 1804 Dollar; 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. You and I have a different definition for the term "selective corrosion!" Struck 1794 1 fake is this a real 1795 silver dollar coin munity forum fake counterfeit dd bust silver dollar images facts 1795 flowing hair silver dollar values and s past coinvalues 1795 bust silver dollar real or fake coin talk The current owner and me. BB-27. January 19, 2009. Remember to always check the edge first, because coins that have edge lettering of any kind are more difficult to accurately reproduce than coins with plain edges or reeded edges. I do not understand why there is any debate at all....Cheers, RickO. At one time the most common method was to alter the date on a 1795 Flowing Hair silver dollar. And China is not the only culprit. Fake. *Unless otherwise noted, my posts here represent my own personal opinions. Posted: 01/06/21. CIVITAS Galleries 'Black Tray' -- Counterfeit 1795 Flowing Hair Dollar Counterfeit 1795 Flowing Hair United States Silver Dollar Click for larger high resolution image (1.8MB) Collectors Corner | The most noticeable flaw is the patch of three depressions located to the left of "OF" along with a small pinpoint depression at lower left of the "O.". Original 3 leaves. These totals are not likely to rise significantly, since a 1795 dollar is a coin collectors are likely to have had graded and authenticated. Source of example image is courtesy of Heritage Auction Galleries. Has anyone so far thought this coin is real? I agree that this particular coin is in most likelihood fake. Early Dollars (1794-1804). If someone wants to believe something badly enough, sound reasoning and facts don't necessarily get in the way. Details: 1795 $1 3 Leaves NGC Details. Free shipping. The bubbles on the reverse scream cast to me. Nov 23, 2018. But right now counterfeiting is a real problem for coin collectors. Free shipping. Winner of the ANA's 2020 Heath Literary Award, Wayte and Olga Raymond Literary Award, and Lifetime Achievement Award. This page also shows coins listed for sale so you can buy and sell. I Have A Liberty Silver Dollar 1795 In Extremely Fine Condition And A Ellis Island Liberty Silver Dollar 1906 In Extremely Fine Condition And A Trade Dollar, Sitting Ms. Liberty 1872 In Extremely Fine Condition. The obverse letters of "LIBERTY" show evidence of this trait, possibly transferred from the original coin used to make this counterfeit die, because the fields of this counterfeit do not appear to have been whizzed. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. PCGS The Standard for the Rare Coin Industry. 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). Free shipping. At first glance, the coin also looks lightly cleaned or whizzed (a term used when a coin is mechanically cleaned leaving ridges on some of the high points, most noticeably on the edges of the lettering). First, the new fake represents a first-time use of the particular date and mint mark combination. Free shipping. This is a very rare variety of the 1795 Flowing Hair Silver Dollar which coin features a silver plug in the middle. Coin Forum The first silver dollar issued by the young United States Government. I have what might be a counterfeit 1799 Liberty Silver Dollar I got from my late Dad that was mixed in with his collection. Today the Neil/Carter 1794 silver dollar is one of the most exciting, beautiful and valuable coins in the world. Pps: Draped Bust Dollars are DBD's and Draped Bust Half Dollars are DBH's. Can I sell it and disclose it might be or is counterfeit. The only way to tell if it is real is by letting a trained numismatist look at it. Coinflation, "Gold is money, and nothing else" (JP Morgan, 1912). Cheap tuition I guess as if they thought it was real they should have paid 10x that. Fake. FIVE WAYS TO SPOT A FAKE COIN. $12,500.00. It also helps to have a genuine coin of the same type and era for a side-by-side comparison. Winner NLG 2020 Best Numismatic Feature Article, U.S. 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). @PerryHall said: The bases of the letters also show an excessive amount of bifurcation, which is the incomplete strike caused by lack of proper metal flow. Not knowing, several years ago I posted the coin and got email saying is was not real. What if you were amassing a complete US type set of 'fakes' ??? 1795 P Draped Bust Dollar Centered Bust: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. The first test is usually quite obvious to most people and that is to use a magnet. 1795 Flowing Hair Silver Dollar 3 Leaves PCGS Genuine VG Details. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! Therefore, the PCGS3000® should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. This is what the Heritage Auction's commentary, in part, reads. PSE | My first and only clue......'bubbly' texture on high points (date and lettering). Continuing on with magnets, another test you can to spot counterfeit silver is … Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. A good way of quickly identifying a fake is the get a precise weight in grams. $3,294.50. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. Way underweight just for starters. Collectors.com | Jewelers will often weigh your coin on their precision scales. 1795 Silver Dollar - Solve the debate real or fake Bigbuck1975 Posts: 989 January 13, 2020 2:18PM edited January 13, 2020 2:22PM in U.S. Alongside the classic ping test, knowing the correct weights for silver coins is also crucial. $12,500.00. PCGS | Today, we are looking at a decent-quality counterfeit 1795 Draped Bust silver dollar. The counterfeiter did a good job of making this coin look a lot older than it really is by adding a lightly corroded look and darkening areas around the coin. You have to realize that the 1795 Silver Dollar is often times reproduced. I do and I bet you do, too. Saint Gaudens Ultra High Relief Coins Resurrected in 2009, A King Is Born: The History of the 1804 Draped Bust Dollar, Counterfeit Mintmarks? Just above Liberty's bust you will notice a sizable lint mark which is seldom seen on the early bust dollars, though they do occur occasionally. I wouldn't pay $20 for that based on the pictures alone. A handful of these coins are worth over $1 million each in high grade. I'm sure it … @CaptHenway said: 1795 Flowing Hair Silver Dollar NGC EF40 (XF40). We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. It looks like you're new here. or Best Offer. Therefore, once again, it cannot be real because it was never made. would you pa 20. Ps: I have a fake 1893-S Morgan (EF-45) that fills a hole I can't afford to fill with the real deal. You will also notice how shallow the letters are inset into the coin and how uneven the letters are as they wrap around the coin. Mike Sargent is the Head Verifier at PCGS and is a leading expert on counterfeit detection. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. How to tell real or fake coin toning, especially rainbow toning ... Mint drops maximum edition on four-coin silver Kennedy half dollar sets to 225,000. Magnetic Slide Test. To me the answer is easy fake, thoughts. A genuine silver dollar dated between 1798 and 1804 weighs 26.9 grams. Buy & Sell This Coin. RUN!!! PSA | BB-27. 1795 Flowing Hair Silver Dollar $1 Coin ANACS G-6 Details Scratched. In his defense, I guess when any coin has parts of its surface corroded and parts that are not, the corrosion was "selective.". This is probably a draped bust dollar 1795-1804. True, but such a coin would have a porous surface, would it not? or Best Offer. Quick Links: Even in lower circulated grades, however, a 1795 Flowing Hair silver dollar is a classic treasure of early America. Probably, but that was not the question I was addressing. CU | Watches. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. Take a genuine coin, spatter it with something resistant to corrosion, and leave it in the ground for a hundred years or more. Counterfeits 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. The first was the old copper cents of 1793 to 1807, while the second was the silver dollars struck from 1794 to 1804. LOL. I wouldn't pay $20 for that based on the pictures alone. This was done prior to striking, of course. The fact that the first dollars of 1794-1795 were struck on an illegal standard makes them even more collectible and interesting. Unfortunately, I think someone probably paid real money for this surreal coin... $80 was the shops damage. There were only 1,758 struck at the new federal mint in Philadelphia they are very rare. Fake. The edge of the counterfeit coin is way too sharp, almost appearing to be shaven flat. Has anyone so far thought this coin is real? 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