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Help Understanding Value Of Coin: 1797 Draped Bust Dollar?

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Pillar of the Community
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 Posted 04/28/2015  7:18 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
It is valueless. It should be marked copy or destroyed.
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 Posted 04/28/2015  7:37 pm  Show Profile   Bookmark this reply Add JoanMcWench to your friends list
Well, I think it's better to find out exactly how much silver is in this thing & sell it at silver price. However, thanks for the help everyone!
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 Posted 04/28/2015  7:49 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list

Quote:
Well, I think it's better to find out exactly how much silver is in this thing & sell it at silver price.


Aside the fact that it's a felony to do so if it's not marked COPY.
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 Posted 05/01/2015  9:48 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list
I have a question based on this thread - how much silver can a coin (or fake coin) have and still be magnetic?
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 Posted 05/01/2015  9:50 pm  Show Profile   Bookmark this reply Add Cascade to your friends list
Depends on how strong the magnet your using is.
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 Posted 05/02/2015  08:49 am  Show Profile   Bookmark this reply Add Conder101 to your friends list
And how much iron is in it.
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 Posted 05/02/2015  08:53 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
And let's not even discuss diamagnetism.
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 Posted 05/19/2015  5:15 pm  Show Profile   Bookmark this reply Add lovecoins to your friends list
white surface if not fake horibly cleaned or something
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 Posted 05/27/2015  9:02 pm  Show Profile   Bookmark this reply Add Numisma to your friends list
If it is fake it almost certainly has no silver content.
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 Posted 05/28/2015  07:07 am  Show Profile   Bookmark this reply Add lovecoins to your friends list
the obverse should have denticles
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 Posted 05/28/2015  08:36 am  Show Profile   Bookmark this reply Add kakaratt77 to your friends list
It's not a felony to own or sell fake coins unless you pass them off as original. Even if not marked COPY. Jeff
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 Posted 05/28/2015  1:02 pm  Show Profile   Bookmark this reply Add Conder101 to your friends list
Not any more. Latest updating of the HPA makes it illegal to sell or to even assist someone in selling unmarked copies made after 1973, period. You might be able to legally give them away.

(b) COINS AND OTHER NUMISMATIC ITEMS.—The manufacture in the United States, or the importation into the United States, for introduction into or distribution in commerce, or the sale in commerce of any imitation numismatic item which is not plainly and permanently marked "copy", is unlawful and is an unfair or deceptive act or practice in commerce under the Federal Trade Commission Act.
Edited by Conder101
05/28/2015 2:46 pm
Pillar of the Community
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 Posted 05/28/2015  3:34 pm  Show Profile   Bookmark this reply Add kakaratt77 to your friends list
Oh when was this changed? Thanks. Jeff
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 Posted 05/28/2015  6:37 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list
It was signed into law last December.
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 Posted 05/29/2015  2:21 pm  Show Profile   Bookmark this reply Add kakaratt77 to your friends list
Thanks SsuperDdave....Jeff
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