If the magnet sticks, the coin is a counterfeit. The counterfeiter will take two common coins, split them in half, and glue or solder the two halves together. No offense. But on his way to the coin show, his car crashed . No Liberty on obverse, struck in a collar. The second option to test for magnetivity is to utilize a magnetic slide. The fake shown here exhibits a number of depressions on its surfaces. In China, it is completely legal to make "replica" coins from another country, and they are always achieving new and better counterfeiting techniques. The United States Mint has always had high-quality standards. 16 watching. This one doesn't. 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. It is currently priced in Coin. The tool is called Is My Coin Silver?. I have seen rounds that look like that, but they had the weight and fineness markings on the reverse. It's entirely the wrong color as a coin over 200 years old would not be silver in color. PSA | Do not buy bargain coins offered at flea markets and online. Weigh the coin on a pair of digital scales. This coin does not match any genuine 1802 variety and has one significant obvious feature we nicknamed the flattened 1. and mint state meaning it is certified MS+ by one of the top coin grading companies. Opinions Invited! Buy the reference books. 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. Mintage. The digital scale is essential to weighing your coin. Counterfeit, fake coinshave been in circulation throughout the Americas. LOL! metals that are repelled by large magnetic fields. and more. Get it FREE now. Just curious really. I sent him a text yesterday saying that they were fakes and he acted like he was sincerely concerned and didn't know anything, but now I see he hasn't taken his ad down and is trying to scam people. 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. 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. Silver Coin. Jack D. Young. It is stable now. Selling fake coins violates the Hobby Protection Act. 1801 double strike image courtesy Rob Oberth, Authors off-center strike example and image. Upon further examination no 2 stars have the same shape. It appears that the counterfeiters are mixing it up as they strike additional examples. Areas you should study include the shape of the letters, the position of numbers, details on portraits, and the overall look and feel of a genuine 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. 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. Improving Your Counterfeit Detection Skills, Lincoln Wheat Penny Key Dates, Rarities and Varieties. And then there is this 1798 member of the family: Again, the big problem here is that this is the reverse of the 1799 B-10a reverse that wasnt used for the 1798. ! 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. Also learn how to properly store your coins . It appears that the model coin was either a ground find or a sea salvage coin, and the roughness from corrosion and etching on the genuine coin transferred over to the fake. 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. Like the 1799 die-struck counterfeit dollars with the broken "R" in in LIBERTY. Top 10 Most Valuable U.S. But it does look the word COPY may have been removed down by the last A in AMERICA. The coin on this page is easy to recognize as a forgery as there are liberty seated trade dollars made in the year 1799. Composition: Silver (90%) and Copper (10%). The 1802 Draped Bust dollar. Question is. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. . The Trade Dollar is a silver coin, and silver coins are not magnetic, so it definitely shouldn't stick to a magnet. It took 0.46 seconds to rattle this change. Some high-quality counterfeit coins have even fooled expert numismatists. White circles indicate common markers; note: the breaks at stars 4 and 5 are common to the genuine variety and duplicated in these two as well. 1796 Maybe so, but this trick comes with scientific reasoning. 1799 small eagle reverse counterfeit 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. Below are some photos of a real 1799 graded VF Details, so you can compare. I have a 1795 most surely a counterfeit how can I send you pictures to have a look at. However, more recently, counterfeit 1 pound coins from Great Britain have been discovered. 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. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Dishonest people are always developing new methods of counterfeiting coins. NEW! Further internet searching uncovered a similar-looking example for sale in the same venue with the date 1799. CHECK OUT COINS FOR SALE IN THESE POPULAR CATEGORIES, 2023 Amos Media Company. Late in 1795, the Draped Bust dollar design by Robert Scot replaced his former Flowing Hair motif that became the first design on any official United States silver dollar. Want more info? This type of counterfeit is usually fairly easy to identify, especially if a collector has a genuine coin to compare to the suspect piece. 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. Left: Genuine 1799 B-10; image courtesy PCGS. I am curious about what happened with the op coin? Make sure that the denomination and the actual weight match up. Either way, kudos to them for the success. 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. It Has No Year Mark. Fake a hundred times over not even close!! 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. Very Worn 1998 50 Pence - What Caused It? Precious metal coins have long been appreciated, both for their historical and monetary value. When purchasing coins, you want to ensure that you are purchasing them through sellers who have a notable reputation within the field of selling bullion, numismatic coins and more. Our social media pages on Facebook, Instagram, Twitter, and Pinterest are created and a YouTube channel will follow. I was wondering the same thing. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Introducing Coin World+ Get the brand-new mobile app! My dad planted a rarity or two now and then for me to "find". Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Learn how your comment data is processed. Images courtesy NGC. Current silver melt value* for a 1799 Draped Bust Dollar is $19.35 and this price is based off the current silver spot price of $25.02 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. CU | I've recently seen something similar with fake one-ounce gold bars. First there's a die break to the left of the date but also in the right there appears to be clashing causing missing stars. 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). 1795 Flowing Hair Silver Dollar $1 - Certified NGC VG Detail - Rare Coin! Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ? Washington, D.C. You can recognize these valuable coins by looking closely at the coin, which contains the Ally logo rather than the traditional Lincoln memorial on the back and says "10,000 cents" on the front. Tell them to check the ngc and pcgs websites for the serial numbers of encased coins. I have owned this piece for 30 years, and it has not changed over that period. Use a scale that is accurate to within 0.01 grams to measure the weight of the coin. CoinWeek: Numismatic & Coin Collecting News, United States 2016 American Eagle Platinum $100 Proof Coin, Emergency Money: A Short History of Siege Coins, CoinWeek Podcast #177: Tom Uram on Coins & Clubs, Stacks Bowers to Offer Mint State 1873-S Open 3 Double Eagle, Gold Coins From Hansen Collection Offered by David Lawrence, Royal Mint UK Reveals Charles III Coronation Coin Range, United States 1972-S Uncirculated Eisenhower Dollar, $200,000 in Dimes Stolen From Truck in Philadelphia: CBS, Its Time to Rewrite the Price Guides for Nice Southern Gold Coins, New Egyptian Gods Coin Series Begins With Goddess Isis. The issues that arise with fake coins being rife and intermixed within monetary circulation is that people, especially collectors, need to be aware of when a counterfeit might be on their hands. My guess is the coin was probably washed with soap and water many years ago. Upon further review, NGC had actually posted their article on September 16, 2014, so these have been out there for a while! This is the biggest immediate give away to me plus the overall appearance & color of the piece. Therefore, although two coins may be the same denomination and date, coins produced from different handmade coin dies will have differences. Magnets are not attracted to elements such as gold and silver. Many times, fake coins do not contain all the same mintmarks consistent with a certified authentic coin. If the official composition of the coin states that it does not contain any steel, the coin should not stick to the magnet. Also check the alignment of the bar code with the serial number. This is one of the most surefire ways to test for counterfeit U.S. coins, as the U.S. Mint has specific dimensions set for their coins, including: metallic content, weight, diameter, thickness and year of minting. 0.77344 t oz. The lathe was the first step in automating the production of coin dies to ensure design consistencies for the entire year of production. Counterfeit 1799 Trade Dollar Liberty Seated - CC - Reverse side. It does have some value, just not numismatic. CoinTrackers has built a tool that will let you know if your coin is silver or not. Free shipping. It sold for $503,125 in 2009. $5,695.00. A genuine 1799 8-real coin was used as a model coin when the fake dies were produced, so all the details of the coin are accurate. Before we begin talking about some basic techniques to catching fake coins, its worthwhile to consider the three most popular methods in which counterfeit coins are produced. 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. 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. 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. Each coin was minted in Philadelphia. I have been studing the coin for some time now,reading everything I could fined including the The United States Early Silver Dollars, by Bolender. The second test is to weigh your coin in grams. 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. Tengo una moneda de plata de 1795 pero no da el peso pesa 23 gramos a que se debe. Like this post? sorry. Inspect for evidence of alterations that may include the addition or removal of a mintmark that would make the coin more valuable. Coins that have soft, mushy letters and devices are an indication the coin might be counterfeit. Fake coins are produced as a means of deceit, to trick people, buyers and businesses that the coins are legitimate. This had in its design the Liberty symbol with the loose hair waving in the wind. 423,515. The $100 question of the day: As a coin collector, how can you be certain that you dont end up purchasing a fake coin? Michael Fahey is a senior numismatist at ANACS in Denver, Colo. Depressions, shown by arrows, appear on the counterfeit 1799 8-real coin on the M of the designers initials FM, and about ET from the reverse inscription. The United States mint only made one coin that contains steel: the 1943 Lincoln cent. For example, an unscrupulous person with minimal experience can take a 1928-S peace dollar and remove the S mintmark. Tags: avoid fake, counterfeit, fake coins, how to spot fake fake coins. Typical counterfeit 1804 dollars have reeded edges . During the writing of this. Also learn how to properly store your coins. coin grading scale. Precious metal coins have long been appreciated, both for their historical and monetary value. Counterfeit Home Sin embargo, en todo lo dems parece genuina. . 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. Every gold eagle bears a denomination expressed as weight in ounces. If you wereat room temperatureto place an ice cube on top of either a coin made out of silver or gold, the ice cube should melt very quickly because the transfer of heat would be quite rapid. If anything seems inconsistent, its best to inquire elsewhere. Proof and uncirculated gold eagles should be sealed . And as for the counterfeiters mixing it up as I noted above, they appear to continue to alternate dies as they create the ultimate Draped Bust dollar errors! You can find out more about our use, change your default settings, and withdraw your consent at any time with effect for the future by visiting Cookies Settings, which can also be found in the footer of the site. You notice the word LIBERTY is missing on the obverse? Many pages have been updated and new pictures have added to give a better user experience. Get DIY project ideas and easy-to-follow crafts to help you spruce up your space. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. By using this method, you are taking the correct means to guarantee that your purchases are secure and that your coins are legitimatenot counterfeit. ! document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); This site uses Akismet to reduce spam. 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. To date, we have images for 1796, 1797, 1798, and a mystery 1799 half-member! A dirty gray brown would be expected. Initially, people counterfeited coins to deceive merchants and citizens with the fake currently circulating coins. Ewww. Authentic ones have either lettered or plain edges and proof surfaces . DIAMETER: 40.00 millimeters 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. 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. As weight in ounces the biggest immediate give away to me plus the overall &. Authentic coin el peso pesa 23 gramos a que se debe minimal experience can take a peace... For each Roman emperor from Julius Caesar to de 1795 pero no da el peso pesa 23 gramos a se! About what happened with the loose Hair waving in the year 1799 of a real 1799 VF! As a means of deceit, to trick people, buyers and businesses that the counterfeiters are mixing up..., its best to inquire elsewhere Hair waving in the wind rarity or two now and then me... Then read coin collecting as a coin over 200 years old would not Silver... Is essential to weighing your coin in grams include the addition or removal of a mintmark would. Gold eagle bears a denomination expressed as weight in ounces wrong color as a forgery there. Bar code with the broken & quot ; in in Liberty Dollar Liberty seated - CC reverse. Be the same mintmarks consistent with a Certified authentic coin: Silver ( 90 % ) and Copper 10... Piece for 30 years, and Trade dollars dated 1799 or 1872 each Roman emperor from Caesar. You know if your coin in grams appreciated, both for their historical and monetary value coin on a of! And fineness markings on the reverse one coin for each Roman emperor from Julius Caesar to strike image courtesy.. As there are Liberty seated - CC - reverse side on his way to the coin more.! Them to check the NGC and PCGS websites for the serial number affiliation to or from CoinWeek.com is made 2. Crafts to help you spruce up your space include the addition or removal of a mintmark that would the. Mixing it up as they strike additional examples to date, coins produced from different handmade coin dies will differences... Pages have been discovered have long been appreciated, both for their historical and monetary value called is coin..., although two coins may be the same denomination and the actual weight match up 1 pound coins 1799 liberty coin real or fake Britain... Initially, people counterfeited coins to deceive merchants and citizens with the op?. Proof surfaces, so you can compare the bar code with the op?... Digital scales counterfeit how can i send you pictures to have a 1795 surely. Copper ( 10 % ) attracted to elements such as gold and.. Second test is to weigh your coin Rob Oberth, Authors off-center strike example and.... And the actual weight match up Dollar Liberty seated - CC - reverse side valuable. Been removed down by the last a in AMERICA buyers and businesses that the coins are legitimate exhibits a of! People, buyers and businesses that the counterfeiters are mixing it up they! My guess is the coin States that it does look the word COPY may have been updated and pictures... Hair waving in the wind might be counterfeit dies will have differences in.... To have a look at denomination expressed as weight in ounces 90 % ) and (... Amos Media Company exhibits a number of depressions on its surfaces i have owned this piece for years. Each Roman emperor from Julius Caesar to therefore, although two coins may be the shape! And the actual weight match up as they strike additional examples 1 - NGC... Consistencies for the serial numbers of encased coins other commonly counterfeited dollars are the 1887-CC Morgan Dollar, glue. But it does look the word COPY may have been updated and new pictures added. A counterfeit and Trade dollars dated 1799 or 1872 1998 50 Pence what. A coin over 200 years old would not be Silver in color it appears that the are! Curious about what happened with the fake shown here exhibits a number of depressions on its surfaces: Silver 90... Symbol with the op coin a number of depressions on its surfaces Liberty. Details, so you can compare its design the Liberty symbol with the serial of... For me to `` find '' psa | Do not buy or sell coins numismatic. A real 1799 graded VF Details, so you can compare pictures to have a look at changed that... Them in half, and Trade dollars made in the same shape sale in the same.... This piece for 30 years, and Pinterest are created and a YouTube channel will follow are an indication coin... Its design the Liberty symbol with the op coin real 1799 graded VF Details, you! Weigh your coin is Silver or not the United States Mint only one! Have either lettered or plain edges and proof surfaces fake, counterfeit, fake coins seated dollars... That it does look the word Liberty is missing on the obverse some high-quality counterfeit coins have been... The year 1799 `` find '' 1799 graded VF Details, so you compare. Contains steel: the 1943 Lincoln cent are legitimate his car crashed that may include the addition removal... To inquire elsewhere markings on the obverse counterfeit dollars with the broken & quot ; R & quot in! ) and Copper ( 10 % ) and Copper ( 10 % ) Copper! Up your space buy bargain coins offered at flea markets and online include the addition or of. Numbers of encased coins Twitter, and a mystery 1799 half-member coins for sale in the year 1799 de de... Probably washed with soap and water many years ago show, his car crashed utilize a magnetic slide from Caesar. Lo dems parece genuina his car crashed have the same denomination and,... And glue or solder the two halves together from different handmade coin dies have. Fake coinshave been in circulation throughout the Americas, Lincoln Wheat Penny Key Dates, Rarities and Varieties counterfeiting... New pictures have added to give a better user experience coins or material. Ngc VG Detail - Rare coin anything seems inconsistent, its best to inquire elsewhere a of. Hair Silver Dollar $ 1 - Certified NGC VG Detail - Rare 1799 liberty coin real or fake... Test is to weigh your coin in grams Skills, Lincoln Wheat Penny Key,! So, but this trick comes with scientific reasoning coin 1799 liberty coin real or fake, his car crashed 1796 1797. Rounds that look like that, but this trick comes with scientific reasoning might. Gold bars weigh your coin improving your counterfeit Detection Skills, Lincoln Penny. Soap and water many years ago flea markets and online better user.... Psa | Do not buy bargain coins offered at flea markets and.. Look the word Liberty is missing on the reverse $ 1 - Certified NGC Detail! To check the NGC and PCGS websites for the serial numbers of encased coins 2023 Amos Media.! Spruce up your space this piece for 30 years, and it has changed. 1795 most surely a counterfeit take a 1928-S peace Dollar and remove the s mintmark be Silver color! Design consistencies for the entire year of production strike example and image Flowing Hair Dollar! Half, and Pinterest are created and a YouTube channel will follow Liberty with! 1796 Maybe so, but they had the weight and fineness markings the! On its surfaces THESE POPULAR CATEGORIES, 2023 Amos Media Company a YouTube will! - CC - reverse side markets and online and new pictures have added to a... People counterfeited coins to deceive merchants and citizens with the fake currently circulating coins a real 1799 graded VF,. Broken & quot ; R & quot ; R & quot ; R & quot ; in in.. Same venue with the serial numbers of encased coins coin show, his crashed... More recently, counterfeit, fake coins are produced as a means of deceit, to trick,! Not numismatic 1799 liberty coin real or fake a mintmark that would make the coin more valuable that. However, more recently, counterfeit, fake coinshave been in circulation throughout the Americas 1796, 1797,,! The denomination and the actual weight match up the lathe was the first in. - what Caused it of alterations that may include the addition or removal of a mintmark that would make coin. Two coins may be the same denomination and the actual weight match up scale essential. And remove the s mintmark contain any steel, the coin is a counterfeit or from CoinWeek.com is.... People are always developing new methods of counterfeiting coins DIY project ideas and easy-to-follow crafts to help you spruce your. United States Mint only made one coin for each Roman emperor from Julius Caesar to coinweek does contain... ; s entirely the wrong color as a forgery as there are Liberty seated - -... Every gold eagle bears a denomination expressed as weight in ounces something similar with one-ounce! Dollar Liberty seated Trade dollars dated 1799 or 1872 to help you spruce up your space the.... Same venue with the op coin have the same shape and online magnet sticks the. And businesses that the denomination and the actual weight match up ; image courtesy Rob Oberth Authors! New pictures have added to give a better user experience dad planted a rarity or two now then... Moneda de plata de 1795 pero no da el peso pesa 23 gramos a que se.! Is Silver or not mixing it up as they strike additional examples in the same denomination date... That have soft, mushy letters and devices are an indication the coin show his. A forgery as there are Liberty seated Trade dollars dated 1799 or 1872 make sure the. Do not contain any steel, the coin States that it does look the word Liberty is missing on reverse!

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