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Replies: 20 / Views: 12,198 |
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Pillar of the Community
United States
772 Posts |
They exist, just not produced by the US mint, Probably produced in the "recently" in China.
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New Member
 United States
5 Posts |
 So do I just tank my coin or should I still get it looked at.....You know just incase.....By the way what kind of camera are you guys using I tried to take shots of my coin and it always looked gold like.
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Pillar of the Community
United States
772 Posts |
Well if it looks like the one above, there is no possible way it is authentic. But sometimes there are still made out of silver and may want to get it checked out for that.
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Pillar of the Community
United States
914 Posts |
There's no reason to waste your time Ernesto.
Does it have the word 'copy' stamed onto the back somewhere in small letters?
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New Member
 United States
5 Posts |
 I checked and it does not have the word "copy" on it anywhere...It looks just like the one that is shown but all mine has is the "s" in the middel of the 420 grains. & 900 fine. and the Trade dollar.
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Pillar of the Community
United States
772 Posts |
My guess is the one above that has copy stamped into it was done by a collector, who was not wanting any to get fooled down the road. That would defeat the purpose for the makers to put copy on them because their intent is to fool the buyer and get more money.
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Bedrock of the Community
United States
12437 Posts |
Welcome to the forum Ernesto!
What you have is a "fantasy issue" fake, more than likely of Chinese origin. "Fantasy issue" means that it is a design of a genuine coin but with an impossible date/mintmark combination. Also, alot of Chinese fakes have been produced with real date/mintmark combos and those can be a bit trickier to distinguish. According to the Hobby Protection Act of 1973, any replica of a coin must have the word "COPY" prominently placed on the design of the coin for it to not be considered an illegal counterfeit.
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New Member
 United States
5 Posts |
 I would like to thank all the members that help me with my coin....My father gave it to me about 5 months ago....He said he foun it in Mexico about 29 years ago so he say's....Him nor I collect coins but when he gave it to me I thought I would be cool to look up it's history....I never would of thought it would take me to CHINA.....ThankYou guy's so much.....any last words or bitt's of info....
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Pillar of the Community
United States
772 Posts |
I guess take care, and this is quite a fun hobby. If you ever feel like collecting coins, be sure to stop back! Jordan
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Pillar of the Community
United States
914 Posts |
Don't take any wooden nickels!
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Pillar of the Community
United States
597 Posts |
Wow! I have to give it to the seller of the 1798 Trade dollar for referring to it as a replica and having copy stamped on it. I saw some of these in China last year, and they range from miserable wouldn't fool a drunken blind man, to fairly good. However their cheapness kills them in that they never make them from silver, but whatever metal, tin etc is readily available at the moment and that is the first giveaway.
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Pillar of the Community
United States
772 Posts |
I do have a fake Trade dollar that is made from silver. It is a pretty dang good fake, but a fake none the less.
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Pillar of the Community
United States
3507 Posts |
It is a fake, even the link above takes you to an ebay sale that tells you its a replica. No Trade dollars were produced in 1798. Only in the United States does the Hobby Protection Act require the use of the word COPY on a replica. That is since the Act was enacted in 1974. Replicas done before 1974 do not have to have the word COPY on it. In any case, the coin is a well known Chinese manufactured counterfeit. It has the markings that says it's silver, but it is not... The coin is FAKE. Thanks, Bill
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Pillar of the Community
United States
3507 Posts |
In case the question comes up, it is a technicality:-) The Hobby Protection Act was approved in November of 1973 but the protections therein did not take place until the Act was enacted in 1974:-)
Have Fun, Bill
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Bedrock of the Community
United States
12437 Posts |
Thanks for that minor correction Bill. I did not know the precise details and it was about a year before I was born 
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