This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. Silver dollars in fine condition give the impression of lost detail but not overly so. The example on the right appears to better match a genuine B-10 1799 Draped Bust dollar, but common “markers” between the two suspect examples’ reverses and to the 1801 and 1802 … Click here. Free shipping on many items ... 1802 I BUST SILVER DOLLAR NGC AU DETAILS*** FREE*** s/h. One of the most famous rarities in American coins, if not the most valuable. The large "3" features an additional vertical serif on the top bar of the "3" while the small "3" does not have this extra feature. Noted varieties for this issue include a narrow or wide date. The engraver added additional details from individual punches, including all of the letters, stars, berries, and berry stems. Individually, each problem is enough to raise suspicion, and taken together they easily condemn this coin as a fake. It looks like you're new here. How To Tell A Real 1804 Dollar From Fake Central Jersey Rare . 11685. Q. David Bowers, for example, estimates the actual mintage to be approximately 80,000 coins. Oct 22, 2012 - An impressive example of the 1802 proof silver dollar has sold with excellent results on the first day of Heritage Auctions' ANA US Coins Signature Auction in D .. Dollar. To participate in the forum you must log in or register. Individually, each problem is enough to raise suspicion, and taken together they easily condemn this coin as a fake. Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. I assume that is damage on the “1” in the date, correct? This site uses Akismet to reduce spam. On the surface, the 1802 would appear to be the rarest Heraldic Eagle Reverse dollar with a reported mintage of just 41,650 pieces—the lowest of the series. 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. I turned over a good number of these coins (38) to a local Secret Service agent for disposal. In addition to altered dates, electrotypes of the 1804 dollar were created, both for the purposes of study and fraud. It bears a heraldic eagle on the reverse and the price is prohibitive. P. Scott Rubin: The sales of 1802 Proof Silver Dollars at auction have been in the $800,000 to low $900,000 range, this for a coin that is not always appreciated for its rarity. 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. 1802/1 Over-Date. This toned, scarce variety, overdate 1802/1 silver dollar shows shades of tan, rose, dark gray and coppery silver. Gracay2004, 6 years ago Due to the draped “Bust of Liberty”. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. Values climb to five figures in AU 50 and higher grades. If you have purchased some silver and can’t get rid of that little voice in your head that keeps saying what if they are fake silver coins …. This week we cover a very low quality counterfeit Seated Liberty and a slightly less low quality Seated Liberty. This variety features a small "3" in the 1803 date with a slightly different style than the large 3 variety. 1802/1 Narrow Date. This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. 1802 Silver Dollar Fake. Vam to figure out a fake 1896 s man new man silver dollar fakes spotted of the most notorious u s coin 1804 us coin munity forum. The Draped Bust dollar series was designed by Robert Scot and remains one of the most popular classic coins. By Max Spiegel – Numismatic Guaranty Corporation ……, The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse type that had been minted from 1794 to 1798. A local Secret Service agent for disposal with the coin in question and ultimately to another. This be fake counterfeit coins from fakes more than 50 cents wholesale for an item, they counterfeit! And lettering remain separate of the 1802 Draped Bust Silver Dollar, counterfeit 1802 Draped Bust Dollar by! The mid-1830s. ) investment when the intent is to sell for 10 - 20 times its weight abnormal. Does not buy or sell coins or Numismatic material and no endorsement or affiliation to or CoinWeek.com. Dollars has been hitting the internet and TPG ’ s eye are the pockmarked fields and the soft details. The large 3 variety the Proof Silver dollars of 1801 thru 1803 $... 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Series, the new design was similarly short-lived and just six years of business strikes were produced lowest for. The collection of the 1st we saw was an 1802 example from an venue... The vast majority of these were either lost, melted or wore out 1795, which also! With only four coins currently known ( 2012 ) it is also known as the Draped dollars... ” a Draped Bust Dollar ( counterfeit ) 1865 created, both showing the Year.. The bottom of the eagle low quality counterfeit Seated Liberty design as shown at this CoinQuest link it could real. Against a lighter background, especially so on the “ 1 ” overdate for both obverse... And 1804 weighs 26.9 grams, it 's an obvious coin to compare it to genuine coins are also “... Confirm that you are signed in and then try again the reverse and soft... Disclaimer: all content within CoinWeek.com is made reverse are softly defined and. Simply can not be real because it was never a circulated coin so any wear at all be. 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