Counterfeit Detection: 1801 Draped Bust Half Dollar Is Really An Altered 1807

NGC - An 1801 Half Dollar turned out to be an 1807 in disguise.

Early silver dollars are frequently faked and the quality of these counterfeits varies from extremely crude to superb. The 1804 dollar is, of course, the most commonly faked date, but every year has been observed. These are primarily made in Asia for sale to unsuspecting tourists. While counterfeit dollars are plentiful, fake half dollars are seldom seen. We did find one, however, in a submission that included several genuine half and silver dollars.



Counterfeit 1801 Half Dollar

This spurious half dollar is actually an altered date: an 1807 half was made to look like an 1801. This is a very crude alteration but it's worth looking at because it is pretty unusual and fooled at least one collector. The final digit, the 7, was altered by scratching away the top crossbar so that it resembles a 1. The 1 therefore slants prominently to the right. There are also deep scratches to the left of the upright, a clear sign that some kind of tool was used to scratch away part of the 7.



With early United States issues it is usually possible to look up the die variety in one of the many specialized references that have been written. Die varieties of early half dollars, for example, have been cataloged by Al Overton. Identifying a coin as one of these known varieties can help confirm authenticity. Many fakes were struck from dies made by the counterfeiter and therefore do not match any known varieties. If your coin is not listed in one of these variety references, you should probably take a second look. Although the altered date was fairly obvious on this half dollar, we decided to look it up in Overton's Early Half Dollar Die Varieties, 1794-1836. Confirming our original thoughts, this half dollar matched 1807 Overton-110.

Check out 1801 Draped Bust Half Dollars on ebay.

Read More: Counterfeit Detection Series

Some Important Variety References for Early United States Coins

Breen, Walter. Walter Breen's Encyclopedia of United States Half Cents 1793-1857.
Noyes, William C. United States Large Cents 1793-1814.
Wright, John D. The Cent Book 1816-1839.
Grellman, John R., Jr. The Die Varieties of United States Large Cents 1840-1857.
Logan, Russel J. and John W. McCloskey. Federal Half Dimes 1792-1837.
Davis, David J. et al. Early United States Dimes 1796-1837.
Tompkins, Steve M. Early United States Quarters 1796-1838.
Overton, Al C. Early Half Dollar Die Varieties 1794-1836. 3rd Edition (recommended over the 4th Edition).
Bowers, Q. David. Silver Dollars & Trade Dollars of the United States, A Complete Encyclopedia.
Dannreuther, John W. and Harry W. Bass. Early U.S. Gold Coin Varieties: A Study of Die States 1795-1834.