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Is My 1802 Draped Bust Dollar Real?

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New Member

United States
3 Posts
 Posted 11/20/2014  11:23 am Show Profile   Bookmark this topic Add acrocerid to your friends list Get a Link to this Message Number of Subscribers
I am cataloging a recently inherited coin collection for my mother in law. I found this coin and a lot of info on the Internet about fakes and forgeries. I'm no expert but I'm excited to learn more! The coloration seems weird to me. Can anyone teach me anything?

Thanks!

Ps hope I figured out this image optimizer right!

Is-My-1802-Draped-Bust-Dollar-Real?

Is-My-1802-Draped-Bust-Dollar-Real?
Valued Member
jhp2104's Avatar
United States
291 Posts
 Posted 11/20/2014  1:10 pm  Show Profile   Bookmark this reply Add jhp2104 to your friends list Get a Link to this Reply
Are you able to post clear images of the coin? Also, any chance you are able to weigh the coin?
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philadelphian's Avatar
United States
3253 Posts
 Posted 11/20/2014  1:10 pm  Show Profile   Bookmark this reply Add philadelphian to your friends list Get a Link to this Reply
Welcome!
Sure looks like an original BB-241 variety. Can you show/tell us the edge decoration? Any way you could get a weight?
Bedrock of the Community
DVCollector's Avatar
United States
10045 Posts
 Posted 11/20/2014  1:34 pm  Show Profile   Bookmark this reply Add DVCollector to your friends list Get a Link to this Reply
It actually has the color I would expect from a genuine early silver dollar.
Dark, original patina is a very good thing--don't touch it, it's perfect.
New Member
United States
3 Posts
 Posted 11/20/2014  1:49 pm  Show Profile   Bookmark this reply Add acrocerid to your friends list Get a Link to this Reply
Thanks everyone! This stuff is cool. I will try to get a weight on our neighbors kitchen scale. I tried to take some more detailed images, used the photo editor on my phone for clarity so the color has been altered in the following photos:



Is-My-1802-Draped-Bust-Dollar-Real?

Is-My-1802-Draped-Bust-Dollar-Real?

Is-My-1802-Draped-Bust-Dollar-Real?

Is-My-1802-Draped-Bust-Dollar-Real?
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tkbslc's Avatar
United States
1158 Posts
 Posted 11/20/2014  1:52 pm  Show Profile   Bookmark this reply Add tkbslc to your friends list Get a Link to this Reply
Given that that could would be worth about $1200-2000 if genuine, I'd suggest sending it off to a company like PCGS or NGC for professional certification. That's the only way you'll get top dollar selling it, too.

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Susuman's Avatar
United States
595 Posts
 Posted 11/20/2014  2:07 pm  Show Profile   Bookmark this reply Add Susuman to your friends list Get a Link to this Reply
Nice coin! This one looks real to me. Most of the old dollars people find and post here are recent Chinese counterfeits.

I would like to clarify: Do not in any way try to clean it or polish it or somehow try to make it look better! That is the surest way to destroy the value of this coin.

Good Luck!
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GERMANICVS's Avatar
Germany
1849 Posts
 Posted 11/20/2014  2:47 pm  Show Profile   Bookmark this reply Add GERMANICVS to your friends list Get a Link to this Reply
Looks good from here and has a nice tone. However, if you want to be sure and learn more about early US dollars compare your example with those here:

http://www.earlydollars.org/1802overview.htm

A number of different varieties where struck in each year the Draped Bust dollar was struck.
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CoinCollector2012's Avatar
United States
8137 Posts
 Posted 11/20/2014  3:26 pm  Show Profile   Bookmark this reply Add CoinCollector2012 to your friends list Get a Link to this Reply
It looks good to me. This coin is very expensive so it should be authenticated. You will get more money for it that way if you choose to sell it.
New Member
United States
3 Posts
 Posted 11/20/2014  3:33 pm  Show Profile   Bookmark this reply Add acrocerid to your friends list Get a Link to this Reply
This looks like a normal close date to me, is that correct? I will try to find a protective case for it 😀
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westernsky's Avatar
United States
7615 Posts
 Posted 11/20/2014  4:01 pm  Show Profile   Bookmark this reply Add westernsky to your friends list Get a Link to this Reply
99.999% sure it's the real deal.

Very nice coin, very clean with no adjustment marks.

Needs to be third party graded for maximum value for selling.

As others have said....do not clean it to try and make it look better.
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vermontensium's Avatar
United States
16677 Posts
 Posted 11/20/2014  4:19 pm  Show Profile   Check vermontensium's eBay Listings Check vermontensium's eCrater Listings Bookmark this reply Add vermontensium to your friends list Get a Link to this Reply
I have no doubts that's it's genuine. I'd send it to PCGS.
swcoin.ecrater.com
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atticguy's Avatar
United States
1373 Posts
 Posted 11/20/2014  4:59 pm  Show Profile   Bookmark this reply Add atticguy to your friends list Get a Link to this Reply
It looks a lot better than the one my buddy bought last year....

Is-My-1802-Draped-Bust-Dollar-Real?


I knew right away it couldn't be ok. My buddy, however, thought he scored big (for around 4 hours).
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trdhrdr007's Avatar
United States
2335 Posts
 Posted 11/20/2014  5:00 pm  Show Profile   Bookmark this reply Add trdhrdr007 to your friends list Get a Link to this Reply
Unless you plan to sell I don't see any reason to spend the time & money to send it to a grading company.
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Joe2007's Avatar
United States
3843 Posts
 Posted 11/20/2014  5:25 pm  Show Profile   Bookmark this reply Add Joe2007 to your friends list Get a Link to this Reply
to the forum!

A very nice coin and one of the better finds I've seen on this forum lately. I'd grade it low VF and it has great eye appeal. Exactly what a experienced collector would want.
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srcliff's Avatar
United States
453 Posts
 Posted 11/20/2014  5:27 pm  Show Profile   Bookmark this reply Add srcliff to your friends list Get a Link to this Reply
Keeping or selling I would get it graded. A small investment compared to the value plus if you do ever need to sell in the future it will be much easier and profitable to do so plus you'll know for sure (or as close as possible) what you have.
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