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1804 Liberty Silver Dollar -Real Or Fake

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jpsned's Avatar
United States
2014 Posts
 Posted 02/19/2024  08:27 am  Show Profile   Bookmark this reply Add jpsned to your friends list Get a Link to this Reply
Real or fake? Fake.

Value? About a plugged nickel.
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Conder101's Avatar
United States
17836 Posts
 Posted 04/18/2025  12:12 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
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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numismatic student's Avatar
United States
10945 Posts
 Posted 04/18/2025  12:57 am  Show Profile   Bookmark this reply Add numismatic student to your friends list Get a Link to this Reply
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.


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jbuck's Avatar
United States
162571 Posts
 Posted 04/18/2025  10:40 am  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

Quote:
My apologies for reviving and old thread.
Never a problem when value is added.
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thq's Avatar
United States
3247 Posts
 Posted 04/25/2025  2:37 pm  Show Profile   Bookmark this reply Add thq to your friends list Get a Link to this Reply
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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jbuck's Avatar
United States
162571 Posts
 Posted 04/25/2025  2:54 pm  Show Profile   Bookmark this reply Add jbuck to your friends list Get a Link to this Reply

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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