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 Replies: 21 / Views: 6,489 |
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Moderator
 United States
164408 Posts |
 to the Community!
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Pillar of the Community
United States
3262 Posts |
Hope springs eternal burfle23. What tourist could resist these bargains?  There's no time to compare them with real coins while on vacation. It's a matter of trusting the souvenir shop. "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
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Pillar of the Community
United States
4233 Posts |
I have a hard time believing that this still happens. It is a multi-million dollar coin in any condition and easy to look it up. I'm not trying to beat up on you, I'm just curious what made you decide to bid on a coin like this.
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Pillar of the Community
 Canada
1589 Posts |
Harry1522 - Another counterfeit coin from that auction. Spend your money elsewhere.
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Valued Member
United States
57 Posts |
As others have mentioned, there are many, many, many reasons why this is an obvious fake. But as a PSA to others, my first advice is always the same:
Look at the rims --- no draped bust coin can have a raised rim!
The rim is formed by a closed collar strike, which was not introduced until 1827/1828. Tons of fakes have a rim like this, and it is a dead giveaway that it is not genuine. To me, that is always the first test any potential draped bust coin must pass.
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Bedrock of the Community
United States
33743 Posts |
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Pillar of the Community
United States
502 Posts |
And IndianGoldEagle speaks!
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Bedrock of the Community
United States
94367 Posts |
Well duh.  |
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Bedrock of the Community
United States
59749 Posts |
Agreed, fake. It's not a very good fake.
Errers and Varietys.
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Pillar of the Community
United States
2030 Posts |
Real or fake? Fake.
Value? About a plugged nickel.
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Bedrock of the Community
United States
17836 Posts |
My apologies for reviving and old thread. Quote:
As others have mentioned, there are many, many, many reasons why this is an obvious fake. But as a PSA to others, my first advice is always the same:
Look at the rims --- no draped bust coin can have a raised rim! Except the 1804 dollar, Quote:
The rim is formed by a closed collar strike, which was not introduced until 1827/1828. Tons of fakes have a rim like this, and it is a dead giveaway that it is not genuine. The 1804 dollars were struck in 1834 and later in 1858 and they WERE struck in close collars. (But the coin in this thread IS fake,) |
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Bedrock of the Community
United States
10996 Posts |
This is true. Below is the Stickney specimen Class I 1804 dollar struck in 1834. It clearly has an upset rim struck in a closed collar. These differ from the coins struck at the Mint through 1804. Mint records show that 19,570 1804 dollars were struck, but historians believe that the Mint records refer to coins minted in that year, regardless of the date struck onto those coins. That record is believed to refer to business strikes dated 1803, struck in 1804.   IN NECESSARIIS UNITAS - IN DUBIIS LIBERTAS - IN OMNIBUS CARITAS My coin e-commerce website: https://fairfaxcoins.com |
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Moderator
United States
164408 Posts |
Quote:
My apologies for reviving and old thread. Never a problem when value is added. 
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Pillar of the Community
United States
3262 Posts |
I had an epiphany this morning and realized that in 1804 the US had emptied its Treasury on a downpayment to buy Louisiana. They would have spent $10 million just to get New Orleans, but Iowa and Missouri (and a few others) were thrown in for an extra $5 million. There was no silver left to make dollars. It took till 1823 to pay off the 6% bonds. I also saw another expensive bad fake. As the seller says, iconic and no returns. https://www.ebay.com/itm/3166448124...+hair+dollar "Two minutes ago I would have sold my chances for a tired dime." Fred Astaire
Edited by thq
04/25/2025 2:43 pm
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Moderator
United States
164408 Posts |
Quote:
I had an epiphany this morning and realized that in 1804 the US had emptied its Treasury on a downpayment to buy Louisiana. They would have spent $10 million just to get New Orleans, but Iowa and Missouri (and a few others) were thrown in for an extra $5 million. There was no silver left to make dollars. It took till 1823 to pay off the 6% bonds. Very interesting. 
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Replies: 21 / Views: 6,489 |
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Posted 02/15/2024 11:42 am
