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My Sis Was Told This Was A Counterfeit, By A Coin Shop, But Can Anyone Help (1804 Dollar)

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Pillar of the Community
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 Posted 01/31/2022  3:50 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list
Many series (not just the USA) may not have had a denomination as a part of the obverse / reverse design because the size of the coin and weight made its denomination self evident. Especially with silver / gold coins where the weight of the metal mattered in its face value and as a result a transaction using coins from multiple issuers wasn't uncommon. For instance, in the early 1800s a lowly minted US silver dollar from its formative years and a commonly found Spanish Colonial 8R might be rather interchangeable as long as the rough weight of silver was the same. US Trade dollars came around decades later as the US tried to hold their place with the international silver trade market (especially around the Pacific) even though issues at home like the Morgans actually decreased in silver content. Notably, Chinese merchants therefore preferred other countries' "silver dollar" equivalents that kept the old standard up.

I lived in China for a couple years and would come across the 1804 copies rather frequently wandering around the markets. What you are showing us is exactly what the Chinese stuff looks like.
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 Posted 01/31/2022  4:05 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list
Unfortunately this is one of those things that doesn't require a lot of explanation. There are only 15 known and they're all multi-million dollar coins. You're just not going to find one in grandpa's collection.
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 Posted 01/31/2022  4:12 pm  Show Profile   Bookmark this reply Add daltonista to your friends list

I'm imagining this came into one of your grandfather's banks in a roll or bag of silver dollars and got intercepted there. A fun pickup for a pocket piece, as long as no one tries to represent it as real in attempting to sell it.

"If everything seems to be under control, you're just not going fast enough."
--- Mario Andretti


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25 Posts
 Posted 01/31/2022  4:40 pm  Show Profile   Bookmark this reply Add Coin9328492 to your friends list
That's an "1804 dollar". It's not very likely.
You are very unlikely to own an 1804 dollar that is genuine.
Looks fake to me.
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 Posted 01/31/2022  5:01 pm  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list
Chinese junk !
Laughable piece of pot metal .
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 Posted 01/31/2022  7:06 pm  Show Profile   Bookmark this reply Add CCB420 to your friends list
I guess a lil homework would've told me, had I bothered to even look up the value or rarity! But that's why I'm here! I didn't remember my sis even getting the thing, my mother mentioned it to me, then I text sis for pics, put em straight on here, without looking up anything
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 Posted 01/31/2022  9:10 pm  Show Profile   Bookmark this reply Add Spence to your friends list

Quote:
I guess a lil homework would've told me


Yes, but we are here to help you learn. It's all good.
"If you climb a good tree, you get a push."
-----Ghanaian proverb

"The danger we all now face is distinguishing between what is authentic and what is performed."
-----King Adz
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17884 Posts
 Posted 02/01/2022  08:57 am  Show Profile   Bookmark this reply Add Conder101 to your friends list

Quote:
but what part of the coin was screaming fake to you?

Just from the obverse, the denticals are wrong, the letter font is wrong, the star size is wrong, the date size and font is wrong, and the bust size is too small.

This is what a genuine one looks like

My-Sis-Was-Told-This-Was-A-Counterfeit,-By-A-Coin-Shop,-But-Can-Anyone-Help-1804-Dollar
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 Posted 02/01/2022  6:16 pm  Show Profile   Bookmark this reply Add CCB420 to your friends list
Yea I can see what you're saying putting em side by side by side. She lives over 17 hours from here, probably, my first time to see it was in those pics, never had it in my hands! Guess I never realized the work counterfeiters have put into making fakes, not to mention some somewhat specialized equipment they must have, to produce a fake! I'm assuming this isn't something one could do with a cpl hand tools and some scrap metal, over the weekend in his garage?
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 Posted 02/01/2022  7:47 pm  Show Profile   Check captainrich's eBay Listings Bookmark this reply Add captainrich to your friends list

Quote:
My sis is gonna be the one upset!! He didn't give that one to me!


Maybe your grandfather gave your sister other coins you don't know about...
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 Posted 02/01/2022  8:10 pm  Show Profile   Bookmark this reply Add kbbpll to your friends list

Quote:
Guess I never realized the work counterfeiters have put into making fakes
Welcome to the modern world of coin collecting and counterfeits. I think it would be difficult to find any coin from any year that the Chinese have not faked. Your coin costs less than $2 on a website we're not allowed to mention. There are 14 separate listings for this 1804 over there right now. You have to be very careful these days.
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 Posted 02/01/2022  8:20 pm  Show Profile   Bookmark this reply Add BStrauss3 to your friends list
"Hey Frank, we got another fake 1804 Silver Dollar. Do you want this one? Mike grabbed the last one..."
-----Burton
50+ year / Life / Emeritus ANA member (joined 12/1/1973)
Life member: Numismatics International, CONECA
Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club
Owned by three cats and a wife of 40+ years (joined 1983)

Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/
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 Posted 02/02/2022  6:39 pm  Show Profile   Bookmark this reply Add CCB420 to your friends list
And I've already asked and that was only one he's given her, he probably knew it wasn't real, which explains why it wasn't in his safety deposit box! Plus as far as I know, I'm the only grandkid he took to see it and I've asked 2 of his 3 kids and they'd never seen the contents! Haven't asked the oldest kid! I was too young to realize what I was looking at but can remember being in awe
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 Posted 02/02/2022  6:41 pm  Show Profile   Bookmark this reply Add CCB420 to your friends list
Which makes sense, everyone knows I'm his fav
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 Posted 02/04/2022  10:55 am  Show Profile   Bookmark this reply Add daltonista to your friends list

Quote:
Guess I never realized the work counterfeiters have put into making fakes, not to mention some somewhat specialized equipment they must have, to produce a fake! I'm assuming this isn't something one could do with a cpl hand tools and some scrap metal, over the weekend in his garage?

Here's a photo from one of the Chinese counterfeiting rings...pretty sophisticated stuff, indeed!

My-Sis-Was-Told-This-Was-A-Counterfeit,-By-A-Coin-Shop,-But-Can-Anyone-Help-1804-Dollar


"If everything seems to be under control, you're just not going fast enough."
--- Mario Andretti


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