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Replies: 16 / Views: 3,538 |
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New Member
 United States
4 Posts |
Another thing is that when I "flip" the coin over to the back, it's upside down instead of right side up.
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Bedrock of the Community
United States
10982 Posts |
It's fake. Arrows are a dead give-a-way. Rims show signs of casting. No Liberty Seated dollars had arrows at the date.
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Pillar of the Community
United States
642 Posts |
BH1964 got it right. Obvious fake, said it out loud before I scrolled to read other comments. Non-existent variety (arrows), casting on the rim, obvious 'soft' details on the strike in a way not seen from a warn die but a fake casting. Motto ribbon is almost gone, field below the eagle has major problems.....list could go on. Sorry for bad news. Make sure to educate all you can though. 
Edited by rjkingston 10/18/2011 02:56 am
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Pillar of the Community
United States
4416 Posts |
Fake ... Weigh it and compare to the weight cited in the Red Book. Likely, it's underweight. Rjkingston is on target here.
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Rest in Peace
United States
5375 Posts |
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New Member
 United States
4 Posts |
Thanks everybody! I guess it goes in the trash!
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Pillar of the Community
United States
3234 Posts |
I'd keep it. Even the fakes are kinda cool, just don't let anyone be fooled by it. Mark the holder appropriately.
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Pillar of the Community
United States
1432 Posts |
Don't trash it. Make it a pocket coin so it will remind you on a daily basis "caveat emptor". Also, it will have a nice worn look after ten years or so.
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Pillar of the Community
United States
4416 Posts |
Please don't trash it. Weigh it and put that number on a 2x2. Use it to educate fellow collectors, take it to club meetings, write about it, whatever. I bought a cheap one, myself, simply to do these things. Collectors need to be more wary in today's market, and such hands-on learning is one way to wave the checkered flag. 
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Pillar of the Community
United States
3755 Posts |
I agree, keep it. It has value as a teaching piece as others pointed out.
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Valued Member
United States
161 Posts |
well, at least now you can say you have a coin from china in your collection !
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Pillar of the Community
United States
4416 Posts |
Quote: well, at least now you can say you have a coin from china in your collection ! This is a NON-coin ... Good point, otherwise. I can't help but wonder when and if these replicas will start appearing in the dollar stores here!? 
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Pillar of the Community
United States
968 Posts |
One easy check that will catch the really bad fakes like this is simply to look up the coin in your RedBook. If it isn't listed in there assume it doesn't exist. Sure, there are certain error coins not in that book (although a bunch are), but if it was a regular issue it will be there. That is only step one in identifying a fake, but it is a good start.
Edited by Saruma 10/28/2011 12:50 am
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Valued Member
United States
161 Posts |
the chinese fakes are showing up everywhere. unless you are very familiar with the Seated dollar and Trade dollar die characteristics... stay away from them.
Edited by seateddime48174 10/28/2011 01:06 am
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Pillar of the Community
United States
4416 Posts |
Saruma makes a good point about checking the RedBook. While the overwhelming majority of these fakes that I've seen have fallen within the date range of regular issue coins, a small percentage does not. One such example that I bought for $3 in order to educate fellow collectors in my area is an 1879-S " Trade dollar" - a non-existent date. While I concur in principle with the thought of staying away from these counterfeits, the reality is that they are everywhere. Isn't it more practical to educate our fellow collectors? Coin clubs everywhere need to periodically devote some time and discussion to this problem within our hobby, passing around examples at meetings in the process. Getting back to the point Saruma made, I often have an older copy in my car for reference when traveling. The Chinese counterfeits are more likely to be encountered, touted as genuine, in flea markets and antique malls.
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