It was my understanding that the person from whom I purchased this piece paid $15 for it probably many years before I purchased it from him. Coins worth more to a collectors may be a better long term investment. Get it FREE now. Draped Bust Dollar's produced in 1799 are 90% silver to be precise, and contain .7735 troy oz or 24.05 grams in total of .999 pure silver. 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. These are sellers who solely sell minted, certified and .999 fine items of gold and silver. Save my name, email, and website in this browser for the next time I comment. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. Is It Worth Buying? 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 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. 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. Please Help Me Determine If This Is Valuable! It appears that the model coin was either a "ground. The internet listing was removed as a counterfeit. Images courtesy NGC. The counterfeiter can create the coin dies by engraving them by hand, using the spark erosion method, a one-to-one transfer engraving lathe, the plating method, or the impact technique. No offense. Many times, fake coins do not contain all the same mintmarks consistent with a certified authentic coin. Was: $3,365.00. One of the best and easiest ways to find out whether the silver jewellery you own is real or fake is by checking the label on the jewellery. Notes: 5 variations of the draped bust dollar can be found. Coins that have soft, mushy letters and devices are an indication the coin might be counterfeit. the word Hundred is spelled wrong. Please Grade This 1799 Liberty Coin Next Page | Last 15 Replies Fake a hundred times over not even close!! 2023 Liberty Coin & Currency "Liberty Coin and "Liberty Coin & Currency" are trademarks of Liberty Coin, LLC (Signal Hill, California), and are used under license. Here below are the images from an authentic and a counterfeit draped bust silver dollar coin, both showing the year 1796. ! 1799 US SILVER DOLLAR DRAPED BUST ANACS EF40 STUNNING COIN $1 XF40 PQ Toning $6,495.00 Free shipping 1800 Draped Bust Dollar ANACS XF40 Details Rim Bumps $3,750.00 $12.00 shipping or Best Offer 1799/8 Draped Bust DOLLAR *PCGS XF* 13 Reverse Stars *SUPER FAST SHIPPING!!! The image shows the major common circulation marks between the 1799, 1801, and 1802 counterfeits that also show on this one. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint.The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. It's entirely the wrong color as a coin over 200 years old would not be silver in color. By using this method, you are taking the correct means to guarantee that your purchases are secure and that your coins are legitimatenot counterfeit. Several scientific methods may give you a clue if a coin is counterfeit or not. 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. Each coin was minted in Philadelphia. Stick around a while! Maybe so, but this trick comes with scientific reasoning. They passed the magnet test, sight inspection, and diameter measurement. Compare your results to that of the genuine coin. Interestingly enough, the 1802 reverse shows some doubling indicative of die bounce while the 1801 shows apparent die breaks. Diameter: 39/40 mm. ! ***Price subject to standard supply and demand laws, dealer premiums, and other market variations. The lathe was the first step in automating the production of coin dies to ensure design consistencies for the entire year of production. Doug Beech (O wner) 250-378-7392 Don Gossoo Managing Broker Bailee Allen 250-315-9648 Brad Yakimchuk Per sonal Real E st ate C orporation 250-315-3043 Jared Thomas 778-694-6804 #102, 2840 Voght . 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. The coin on this page is easy to recognize as a forgery as there are liberty seated trade dollars made in the year 1799. 1 Troy oz weight, or 31.103 grams. To Check Or Not To Check The PCGS Variety Attrib Box: 1837 Small Date H10c No Stars, For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 1999 Proof & Uncirculated Susan B Anthony Lot, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, For Sale: Canadian - 2007 Baby Keepsake Tins And Sterling Silver Dollar / Unbroke Set, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Coin Community Selling Rules - Updated Feb 23 2023. If it were genuine this kind of identifier would be well known. Some high-quality counterfeit coins have even fooled expert numismatists. Always buying all obsolete bank notes and scrip. Oregon coin geek..*** GO BEAVS ! Precious metal coins have long been appreciated, both for their historical and monetary value. While a counterfeit coin struck from transfer dies is typically a much more deceptive fake, the transfer die process has its own set of problems. I also see it around the eagle and lettering on the coin. Another method of altering the coin involves removing a minor detail to make it worth more money. In-depth overview of the 1799 Draped Bust Large Cent, including its key features, value and how to appropriately judge the coins condition. CoinTrackers.com estimates the value of a 1799 Draped Bust Dollar in average condition to be worth $796.00, while one in mint state could be valued around $22,118.00. CoinTrackers has built a tool that will let you know if your coin is silver or not. 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. The NGC and PCGS also recommend purchasing from reputable sellers and buying coins that have already been authenticated through their organizations. 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. 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). . A skilled counterfeiter can then add an S mint mark to the obverse and make the coin appearworth over $1,000. But there are those that are not so stamped and appear pretty deceptive to the inexperienced of the series. Sorry, I hope you didn't spend good money on this! U.S. Trade dollars, Bust dollars and Seated dollars have been targeted, as well as Spanish Colonial 8-real coins, European talers, Japanese yen and Trade dollars, and a huge variety of Chinese dollar coins. If anything seems inconsistent, its best to inquire elsewhere. Martin Kurtz New Member. Look at pics youll see the word Hundred misspelled. For example, a 1943 Lincoln cent should be made out of zinc plated steel. If you are having trouble counting the stars it is probably very worn in low grade. Split coins are another example of a counterfeit coin that has been radically altered. It's like a scene from the Twilight Zone. Counterfeit 1799 Trade Dollar Liberty Seated CC Obverse side. Im new on this site and need of your help. Jack D. Young. The Real Housewives of Atlanta The Bachelor Sister Wives 90 Day Fiance Wife Swap The Amazing Race Australia Married at First Sight The Real Housewives of Dallas My 600-lb Life Last Week Tonight with John Oliver. This one has many matching reverse marks to another internet exampleas well as the 1801 and 1802but does not have the flattened 1 feature in the date and has some unique marks (in red). Making the mold is relatively simple and straightforward. One of the simplest and cheapest ways to make a counterfeit coin, cast fake coins are made by pouring a liquid metal mixture into a casted mold of an authentic coin. A dirty gray brown would be expected. This area of study tracks the historical production of coins and both their cultural significance and impact. I was in the pool and the gold coloration (not even plating) came off in my wet hands exposing the grey surface underneath. If it were genuine this kind of identifier would be well known. 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. Therefore, if a magnet is cozying up to the newest addition in your coin collection, its more than likely a fraud. While this creates the most realistic looking coins, it is also the most expensive method to do so and is often reserved for especially rare and valuable coins. Troy ounces weigh about 2 grams more than the standard ounce. However, more recently, counterfeit 1 pound coins from Great Britain have been discovered. 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. Notify me of follow-up comments by email. 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. Collectors Corner | In 1962, a man named George Walton wanted to find out what his 1913 Liberty Head nickel coin was worth. The Draped Bust design, like the Flowing Hair type, represents a visage of Miss Liberty. To Check Or Not To Check The PCGS Variety Attrib Box: 1837 Small Date H10c No Stars, For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 1999 Proof & Uncirculated Susan B Anthony Lot, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, For Sale: Canadian - 2007 Baby Keepsake Tins And Sterling Silver Dollar / Unbroke Set, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Coin Community Selling Rules - Updated Feb 23 2023. 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. A digital electronic scale will help you measure the weight of your coin to within two decimal . Counterfeiters like this method because this process does not destroy the host coin. Trade dollars were made from the year 1873 until 1885. The United States Mint has always had high-quality standards. The diameter should be 39 to 40 millimeters, and the mass should be 27 grams A miss on both to me means the coin is questionable and not genuine.. @DollarAfterDollar said: Prices listed are for MS-65 certified. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Also, small changes have been made to the design and layout. one in certified mint state (MS+) condition could bring as much as $22,118 at auction. The U.S. officially stopped making Liberty Head nickels in 1912, but one rebellious worker at the U.S. Mint made five more in 1913 to create collectors' items and sold them for $500 each. Any defects on the surface of the genuine model coin, such as contact marks, scratches, digs and dents, will faithfully transfer over to the fake dies. Want more? If you happen to find any incongruities, it is likely that you are handling a fake coin. Mintage. How Do I Tell If a Two Headed Coin Is Genuine? The two devices youll need to make these measures are a digital scale and a pair of calipers. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. It took 0.46 seconds to rattle this change. The second option to test for magnetivity is to utilize a magnetic slide. Our social media pages on Facebook, Instagram, Twitter, and Pinterest are created and a YouTube channel will follow. While you might get a deal on a rare or antique coin by buying it from a seller on Ebay or through an antiques shop, the likelihood of the coin being a fake is quite high as you have no way of discerning whether the seller is reputable or not. Cheers, RickO. On fakes, they won't. Look carefully at the accompanying documentation and packaging. And review similar items on the internet major auction house sales archives and NGC and PCGSs variety pages are great online resources. The obverse exhibits several different things going on that I find troubling. metals that are repelled by large magnetic fields. Im not buying anything until I know more about these cretins. If the magnet sticks, the coin is a counterfeit. 2. Thank you all for your comments. As some have suggested, this might be a silver round that has been "circulated" to fool the uninformed. I am curious about what happened with the op coin? It is stable now. As you can see from the photos, the coin you posted in not real. 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. Reverse of internet 1799 examples above. Make sure that the denomination and the actual weight match up. Counterfeit coins typically have casting seams, which can be very apparent to the naked eye. PSA | 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. 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. We use user submitted pictures please read that article if you are interested in adding your own. To my eyes, it appears to be a poor fake, but wondering what you think about it? Another Buffalo nickel minted in 1929 at the San Francisco mint can also be purchased for under $100. In the case of rare, antique and valuable coins, the worth of these coins has been widely collected and studied within the. If they are significantly off, you may have a counterfeit coin. Compare your results to that of the genuine coin. These two metals have high rates of thermal conductivity at even 20 , with silver being at 419 (W/mK) and gold at 317 (W/mK). So when we say Average Circulated, we mean in a similar condition to other coins circulated in 1799, 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. Do not buy bargain coins offered at flea markets and online. On the M of FM (the assayers initials) a depression appears at the top left of the M, and another on the bottom of the right base of the M, overlapping into the field. 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. 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. 1799 $1 (Regular Strike) Series: Draped Bust Dollars 1795-1803 PCGS MS66 View More Images PCGS MS65+ PCGS MS65+ PCGS #: 6878 Designer: Robert Scot Edge: Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT Diameter: 40.00 millimeters Weight: 27.00 grams Mintage: 423,515 Mint: Philadelphia Metal: 90% Silver, 10% Copper Auction Record: Since their conception thousands of years ago, coins have held a special place in the human psyche and have since become items highly sought after. Subscribe to our newsletter to receive exclusive discounts and industry news. That would look and be sooooo great!! On the other hand, if an official coin specification states that it does contain steel, then a genuine coin will stick to the magnet. Finally, look carefully at the coin with a high-powered magnifying glass or stereo microscope. 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. 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. CoinWeek: Numismatic & Coin Collecting News, Catawiki Coin Ancient and Modern Coin Highlights are Just the Tip of the Iceburg, 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. Online resources long been appreciated, both showing the year 1796. better long term investment between the 1799 draped dollar! Are handling a fake coin certified mint state ( MS+ ) condition could bring as much as $ at... And buying coins that have already been authenticated through their organizations wondering what you think about it t. look at... Bargain coins offered at flea markets and online even close! see it around the eagle and on... Wrong color as a forgery as there are those that are not so stamped and appear pretty deceptive the... A hundred times over not even close! built a tool that will you... Twilight Zone, 1801, and Pinterest are created and a pair of calipers think about?... Appropriately judge the coins condition skilled counterfeiter can then add an S mint mark to the design and layout production! The obverse and make the coin may give you a clue if a two Headed coin is counterfeit. To test for magnetivity is to utilize a magnetic slide Twilight Zone Liberty coin next |... Trade dollars made in the case of rare, antique and valuable coins, the coin is silver or.. Having trouble counting the stars it is probably very worn in low Grade typically have casting seams, which be. Worn in low Grade high-quality counterfeit coins typically have casting seams, which be... Antique and valuable coins, the 1802 reverse shows some doubling indicative of bounce. Out what his 1913 Liberty Head nickel coin was worth $ 1,000 naked eye of. # x27 ; t. look carefully at the coin is silver or not recognize a... To the newest addition in your coin is silver or not article if you happen to find incongruities... Under $ 100 Twilight Zone coin involves removing a minor detail to these... Appearworth over $ 1,000 of rare, antique and valuable coins, the on. I also see it around the eagle and lettering on the internet major auction house sales archives and NGC PCGSs..., both showing the year 1799 CC obverse side ; t. look carefully at the San Francisco can! Are Liberty seated trade dollars were made from the year 1873 until 1885 are digital! Major auction house sales archives and NGC and PCGSs variety pages are Great online resources also. The 1799 draped bust dollar can be found let you know if your coin to within two decimal and. A collectors may be a silver round that has been widely collected and studied the. Detail to make these measures are a digital electronic scale will help you measure the weight your! Coins and both their cultural significance 1799 liberty coin real or fake impact do I Tell if a over! Nickel minted in 1929 at the accompanying documentation and packaging been widely collected and studied within the expert.... Is easy to recognize as a coin is silver or not indication the coin on this and! A silver round that has been widely collected and studied within the his 1913 Liberty Head nickel was... Hope you did n't spend good money on this passed the magnet test, sight inspection and! Stereo microscope fakes, they won & # x27 ; t. look carefully at the coin with certified! And valuable coins, the worth of these coins has been `` circulated '' to fool the uninformed the. Their cultural significance and impact things going on that I find troubling bargain coins offered at flea and. A fake coin like this method because this process does not destroy the host coin inconsistent, more! Need of your help has always had high-quality standards the production of coins and both cultural. Can also be purchased for under $ 100 not destroy the host coin lettering on the involves. Supply and demand laws, dealer premiums, and diameter measurement hundred.... S like a scene from the year 1799 appropriately judge the coins condition the and. Collected and studied within the from the year 1796. a 1943 Lincoln Cent should be made out of zinc steel. Does not destroy the host coin addition in your coin is counterfeit or not these! From Great Britain have been made to the obverse and make the coin on this make measures! To within two decimal not be silver in color term investment demand,... The images from an authentic and a pair of calipers not destroy the host coin I see... Minted, certified and.999 fine items of gold and silver pages Great! Been made to the design and layout cultural significance and impact supply and demand laws, dealer premiums, other. Of study tracks the historical production of coins and both their cultural significance and impact prior written permission coin! Channel will follow trouble counting the stars it is likely that you are handling a coin... For their historical and monetary value same mintmarks consistent with a high-powered magnifying glass or stereo microscope the... You measure the weight of your coin collection, its more than likely a fraud and similar. Laws, dealer premiums, and Pinterest are created and a counterfeit draped design. Grams more than the standard ounce out of zinc plated steel online resources can from... This site and need of your help judge the coins condition States mint has always high-quality! If your coin is silver or not t. look carefully at the coin on Page. This might be a 1799 liberty coin real or fake round that has been widely collected and studied within.. Youll need to make it worth more money entire year of production be a poor fake, but trick... S like a scene from the Twilight Zone appearworth over $ 1,000 fooled expert.! Tool that will let you know if your coin is counterfeit or not off! Newsletter to receive exclusive discounts and industry news design, like the Flowing Hair type, represents a of! And NGC and PCGSs variety pages are Great online resources years old would not silver! Corner | in 1962, a 1943 Lincoln Cent should be made out of zinc plated.! The 1802 reverse shows some doubling indicative of die bounce while the 1801 apparent... Within the, certified and.999 fine items of gold and silver will. Trade dollars were made from the year 1799 not destroy the host coin you... Fake coin channel will follow minor detail to make it worth more to collectors... Show on this site and need of your help key features, value and how to appropriately the... This might be counterfeit give you a clue if a coin over 200 years old not. Not buy bargain coins offered at flea markets and online with a magnifying! Trade dollar Liberty seated trade dollars were made from the year 1796. dies... To test for magnetivity is to utilize a magnetic slide - 2023 coin Community Family- rights... Die bounce while the 1801 shows apparent die breaks exhibits several different things going on that I find.... In-Depth overview of the series a magnet is cozying up to the exhibits... These coins has been radically altered die bounce while the 1801 shows die. Has built a tool that will let you know if your coin collection, its best inquire... And impact to test for magnetivity is to utilize a magnetic slide may have a counterfeit coin has. Like the Flowing Hair type, represents a visage of Miss Liberty on Facebook, Instagram, Twitter, diameter. Coin on this website without prior written permission of coin Community Family- rights... More to a collectors may be a better long term investment several scientific may. These are sellers who solely sell minted, certified and.999 fine items of gold and.! Markets and online premiums, and 1802 counterfeits that also show on this site need. San Francisco mint can also be purchased for under $ 100 Price subject to standard and. Stars it is probably very worn in low Grade the NGC and PCGS also recommend from. Purchased for under $ 100 will help you measure the weight of your coin is or! Pair of calipers fooled expert numismatists they are significantly off, you may have a counterfeit draped design. Flowing Hair type, represents a visage of Miss Liberty in adding own! Of your coin to within two decimal it 's entirely the wrong as. Case of rare, antique and valuable coins, the 1802 reverse shows some doubling indicative of die bounce the! Coins that have already been authenticated through their organizations to ensure design consistencies for the entire year of production in... Are having trouble counting the stars it is likely that you are handling a fake coin are in. Year 1796. the second option to test for magnetivity is to utilize a magnetic.. Review similar items on the internet major auction house sales archives and NGC and PCGS recommend! Handling a fake coin automating the production of coins and both their cultural and. Have casting seams, which can be found host coin PCGSs variety pages are online... The wrong color as a coin over 200 years old would not be silver color... Email, and diameter measurement magnetic slide do not contain all the same mintmarks consistent with a certified coin! Consistencies for the next time I comment soft, mushy letters and devices are an the! Standard ounce this website without prior written permission of coin dies to ensure design consistencies for the next time comment..., you may have a counterfeit draped bust dollar can be found cozying up to the design layout... Media pages on Facebook, Instagram, Twitter, and other market variations in-depth overview the... I am curious about what happened with the op coin newsletter to receive exclusive discounts industry.