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Fake Trade Dollars That Look Real

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biokemist6's Avatar
United States
12437 Posts
 Posted 06/26/2006  5:40 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
A "bad die marriage" is a fake coin made from two different die types that were never originally paired together by the US Mint. The obverse (front) of the coin is made with one die and the reverse is made with a different die.

In modern coinage, dies are relatively uniform in design. In the earlier days of the Mint, that wasnt necessarily the case. When a new die was made, sometime subtle alterations or changes were made. The slight changes distinguished the new dies from older dies.

The coin in that ebay link is a struck Trade dollar made with forgery dies. That particular die marriage is not supposed to exist on a real Trade dollar. Most fake Trade dollars are cast, not struck. Cast counterfeits are usually easy to spot to a trained eye but struck counterfeits are much more deceptive. When dealing with a struck counterfeit, the best way to authenticate it is by die marriage.

I cannot tell that the die marriage is bad but what tipped me off to that coin being a fake is the fact that the appearance is pristine and the seller is trying to get $1000 for it but it is a raw coin. A seller trying to get the real value would have a coin like that authenticated and slabbed by an independent third party grading service.
Valued Member
Diane's Avatar
United States
67 Posts
 Posted 06/26/2006  6:02 pm  Show Profile   Bookmark this reply Add Diane to your friends list Get a Link to this Reply
I gather that a raw coin is one that has not been authenticated and graded by some authority that everyone agrees to respect. Does it cost a lot to get a coin ... what's the word, not raw, so cooked I guess? And how do you go about getting that done? Who do you trust?

Diane Porter
Pillar of the Community
fengk's Avatar
United States
986 Posts
 Posted 06/26/2006  6:09 pm  Show Profile   Bookmark this reply Add fengk to your friends list Get a Link to this Reply
There are many grading services out there. Most collectors only trust the top three, which are PCGS, NGC, and ANACS. PCGS and NGC require a dealer to submit to, unless you want to pay $100 to join ther collectors clubs. ANACS can be submitted to by anybody. Their economy service is around $12, and their 10-day service is $15ish. Keep in mind that there are certain limits for the values of the coins you submit for each tier of service.
www.pcgs.com
www.ngccoin.com
www.anacs.com
Edited by fengk
06/26/2006 6:10 pm
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swamperbob's Avatar
United States
5362 Posts
 Posted 06/26/2006  6:59 pm  Show Profile   Bookmark this reply Add swamperbob to your friends list Get a Link to this Reply
Diane, Counterfeits exist of every type coin ever made - it is just that the fake Trade dollars are extremely common today. The majority are made in China and distributed through many different outlets. There is at least one such major outlet in New York City. They use the internet for sales - primarily ebay and work under dozens of names. To protect yourself attend coin shows and look at real copies of coins BEFORE you consider buying anything. Also once you target a specific coin to collect - read EVERYTHING you can about the coin and how it was made. An educated buyer is the best protection against fraud. If you have specific questions or want to get into the fine details write to me. I have been collecting and studying counterfeits since 1960. Bob Gurney
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