Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Vancouvers #1 Coin and Paper Money Dealer Specializing in Modern Numismatics Join Thousands of Coin, Bullion, & Money Collectors Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

Help Understanding Value Of Coin: 1797 Draped Bust Dollar?

To participate in the forum you must log in or register.
Author Previous TopicReplies: 22 / Views: 5,082Next Topic
Page: of 2
New Member

United States
3 Posts
 Posted 04/28/2015  4:28 pm Show Profile   Bookmark this topic Add JoanMcWench to your friends list Get a Link to this Message Number of Subscribers
Hello,

I found this coin among other coins in my grandfathers belongings after he passed. It's in amazing condition for something that should be so ridiculously old so I'm having a tough time believing it's the real thing. I also tried a fridge magnet against it & it attracted but when I put ice on it the ice quickly melted. Maybe it's silver plated?

Any help would be greatly appreciated. I'm not well versed in coins.

Help-Understanding-Value-Of-Coin:-1797-Draped-Bust-Dollar?

Help-Understanding-Value-Of-Coin:-1797-Draped-Bust-Dollar?
Pillar of the Community
CGCoins's Avatar
United States
797 Posts
 Posted 04/28/2015  5:12 pm  Show Profile   Bookmark this reply Add CGCoins to your friends list Get a Link to this Reply
If it was attracted to the magnet at all, you can rule it as a fake.

I know nearly nothing about this series, but it just does not look right at all.
Rest in Peace
bpoc1's Avatar
United States
4078 Posts
 Posted 04/28/2015  5:17 pm  Show Profile   Bookmark this reply Add bpoc1 to your friends list Get a Link to this Reply
JoanMcWench, to CCF. With the magnet attracted to the coin is a dead give away for fake. Sorry.
Pillar of the Community
pepactonius's Avatar
United States
9395 Posts
 Posted 04/28/2015  5:45 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply

Quote:
I know nearly nothing about this series, but it just does not look right at all.


I don't have a lot of these early dollars, either. However, the denticles and rim look different than the ones I've seen.
Pillar of the Community
The Silver Searcher's Avatar
United States
1388 Posts
 Posted 04/28/2015  5:46 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
If it stuck to a magnet, then it's fake for sure.
Moderator
Learn More...
John1's Avatar
United States
56855 Posts
 Posted 04/28/2015  6:14 pm  Show Profile   Bookmark this reply Add John1 to your friends list Get a Link to this Reply
to CCF. According to me Red Book the star count isn't right on your coin. It says 9 stars left 7 right,10 stars left 6 right. That being said and that it stuck to a magnet says it all unless a pro chimes in and say differently.
John1
New Member
United States
3 Posts
 Posted 04/28/2015  6:50 pm  Show Profile   Bookmark this reply Add JoanMcWench to your friends list Get a Link to this Reply
That was a sad truth I already assumed but I was wondering what the range of value would be even if a fake? Does it depend on the level of silver? It definitely sounds like silver. Could it be 90/10?
Pillar of the Community
pepactonius's Avatar
United States
9395 Posts
 Posted 04/28/2015  6:57 pm  Show Profile   Bookmark this reply Add pepactonius to your friends list Get a Link to this Reply

Quote:
Could it be 90/10?


90% Silver 10% Copper (or .8924 Ag / .1076 Cu) wouldn't be ferromagnetic. In fact, it could well be slightly diamagnetic
Pillar of the Community
Cascade's Avatar
United States
7390 Posts
 Posted 04/28/2015  7:18 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
It is valueless. It should be marked copy or destroyed.
New Member
United States
3 Posts
 Posted 04/28/2015  7:37 pm  Show Profile   Bookmark this reply Add JoanMcWench to your friends list Get a Link to this Reply
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!
Moderator
Learn More...
SsuperDdave's Avatar
United States
23522 Posts
 Posted 04/28/2015  7:49 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

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.
Pillar of the Community
The Silver Searcher's Avatar
United States
1388 Posts
 Posted 05/01/2015  9:48 pm  Show Profile   Bookmark this reply Add The Silver Searcher to your friends list Get a Link to this Reply
I have a question based on this thread - how much silver can a coin (or fake coin) have and still be magnetic?
Pillar of the Community
Cascade's Avatar
United States
7390 Posts
 Posted 05/01/2015  9:50 pm  Show Profile   Bookmark this reply Add Cascade to your friends list Get a Link to this Reply
Depends on how strong the magnet your using is.
Bedrock of the Community
Conder101's Avatar
United States
17884 Posts
 Posted 05/02/2015  08:49 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
And how much iron is in it.
Moderator
Learn More...
SsuperDdave's Avatar
United States
23522 Posts
 Posted 05/02/2015  08:53 am  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
And let's not even discuss diamagnetism.
Valued Member
lovecoins's Avatar
United States
331 Posts
 Posted 05/19/2015  5:15 pm  Show Profile   Bookmark this reply Add lovecoins to your friends list Get a Link to this Reply
white surface if not fake horibly cleaned or something
  Previous TopicReplies: 22 / Views: 5,082Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




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. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.4 seconds to rattle this change. Forums