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Pillar of the Community
United States
8904 Posts |
FYI to all: These two Seated Liberty dollars are the first coins I bought after I bought a bunch of Morgans (around 5 years ago). I think I may have been spoiled since no one was counterfeiting Morgans then. Believe me, I was just starting out and not too savvy at the time. I didn't consider fake coins were out there at the time. I REALLY hope these are not fake but I can see how they may very well be. They were bought around the same time (but not from the same seller and no, NOT from China!). They were not cheap but also not at the top going rate. I thought I was getting a bargain. (Maybe not.)  (At least I can talk about it now without getting sick to my stomach with anxiety... It's not a good feeling...) A lesson learned either way: Know your coins before investing! Particularly with commonly counterfeited coins (like the SL Dollar!) I am looking for a scale and let everyone know the outcome. Keep your fingers crossed for me! First Update: The above SL Dollars, at least, are not attractive to magnets. The only scale in the house is my wife's dietetic scale. It is graduated in 10's of grams. Both of these coins weigh just under 30 grams. (The CCF coin guide lists this coin as weighing 26.73 grams. I'll need to get more specific weights (these may not be genuine  but, maybe, they may at least be silver!) Edited by Moe145
09/14/2009 5:57 pm
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Rest in Peace
 United States
4849 Posts |
Quote:
(At least I can talk about it now without getting sick to my stomach with anxiety... It's not a good feeling...) Trust me, I know how you feel. Here is the link to my story on this forum for my $600+ fake if you want a long read...lol. I hope your story turns out better than mine did, but I have to say, I learned so much more buying an expensive counterfeit than I ever would have otherwise and am learning more everyday. For what it's worth, I still think yours has a shot at being real w/altered surfaces; but please don't get too discouraged if it's not. We're here for you  http://www.coincommunity.com/forum/...Ccounterfeitedit: Hopefully I'm alowed to post this link. It is to an ebay guide referring to Seated Liberty Fakes. http://reviews.ebay.com/Beware-Coun...1:LISTINGS:2Unfortunately, I'm almost certain the OPs 1846 is fake. It discusses the gouge that I mentioned earlier that is used on 1846 and 1842 counterfeits. Even though the pics are small, it looks the same as on Moe's coin. Edited by johnny54321
09/14/2009 8:19 pm
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Pillar of the Community
United States
1055 Posts |
What a tough lesson to learn At least you know better now and can help others from making the same mistake. When I first started out, I bought a $2.50 Gold Indian from a local dealer that was supposedly reputable, well I asked him if there was any problem with the coin. He cut me a deal and sold me an AU-55 problem free 1927 for $300...not really a good deal right there as I found out later...I sold it later on and shipped it. The new owner was dissapointed that it was a damaged coin and worth only spot gold.  even though I got half of the value back, I still lost $150...a tough lesson to learn but now I do more research and am more careful with counterfiets...I also do not buy expensive coins on ebay that are not slabbed from PCGS, NGC ,ANACS, ICG and from a good dealer with return policy. I hope your coins turn out to be real Moe, but I too have little hope for that 1846 BTW- I refuse to deal with that dealer in town. I have had better expereinces with ebay. |
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Pillar of the Community
United States
8904 Posts |
Judging from the web site Johnny54321 posted, the 1846 is DEFINITELY a counterfeit. The gouge in the LI of LIBERTY is identical to the picture posted of the fake. (I always thought it was a post strike mark but obviously is a part of the counterfeit die). Sometimes things are too good to be true. (I just posted a couple coins on ebay and I will use the proceeds to buy a true 1846 SL dollar from a reputable dealer. I will repost that coin in this thread when it's in my hands!)  |
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Pillar of the Community
United States
2541 Posts |
I only have Morgans and one Peace dollar, but I have to say that I do love the toning on that 1880 Morgan! |
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Rest in Peace
United States
4849 Posts |
Quote:(I just posted a couple coins on ebay and I will use the proceeds to buy a true 1846 SL dollar from a reputable dealer. I will repost that coin in this thread when it's in my hands!) Can't wait to see it! I still hold some hope for your 1872. Though I can see what Bryan is talking about when he pointed it out, that coin probably would have fooled me if it's fake. And that is the reason that I would ONLY buy one of these certified. |
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Pillar of the Community
United States
1055 Posts |
Yes Moe I would suggest buying a ceritified 1846 even if all you do is take it home ans crack it out.
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Pillar of the Community
United States
4085 Posts |
Looks like I gotta get the camera out this weekend...  |
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Pillar of the Community
United States
4085 Posts |
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Rest in Peace
United States
4849 Posts |
Nice Kenkat. I really like your 72 Seated dollar! I was initially a bit suspicious of the 60-O due to the weird strike and missing detail in places; but after doing some research in Heritage it seems that many of this date in particular have weaknesses in the lettering, actually much like yours. Edited by johnny54321
09/19/2009 02:56 am
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Pillar of the Community
United States
4085 Posts |
Thanks, Johnny!
Yes, the 60-O is a weak strike I believe. It came out of an ANACS details slab - cleaned/corroded - but actually looks decent in hand and I got it for a steal relatively speaking as these suckers are very pricey.
The 1872 I also got at a good price and it looks super in hand I think.
Ken
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Pillar of the Community
United States
3077 Posts |
mine aint in a 7070 but these are my dollar types  |
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Pillar of the Community
United States
8904 Posts |
yotie! You're just a reverse kind of guy!! Nice dollars!! |
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Rest in Peace
United States
4849 Posts |
Quote:
Yes, the 60-O is a weak strike I believe. It came out of an ANACS details slab - cleaned/corroded - but actually looks decent in hand and I got it for a steal relatively speaking as these suckers are very pricey. That is good to hear that it was certified! I don't see evidence of corrosion, though it does look cleaned. I'm currently working on a deal on a PCGS 1871 and will post pics if it plays out. |
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Pillar of the Community
United States
4085 Posts |
The only thing I can see corrosion-wise is the speckled toning at around 5:00 on the obverse. But it just looks like toning to me.
It's not perfect and I may upgrade someday, but it will probably cost me triple what I paid for that one to get the same level of detail. So, it's down in the priority stack.
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Posted 09/14/2009 7:06 pm
