Coin Community Family of Web Sites Join Thousands of Coin, Bullion, & Money Collectors
Royal Canadian Mint products, Canadian, Polish, American, and world coins and banknotes. Specializing in Modern Numismatics Coin, Banknote and Medal Collectors's Online Mall 300,000 items to help build your collection! Join Thousands of Coin, Bullion, & Money Collectors Vancouvers #1 Coin and Paper Money Dealer Royal Estate Auctions - $1 Coin Auctions








Username:
Password:
Save Password
Forgot your Password?


This page may contain links that result in small commissions to keep this free site up and running.

Welcome Guest! Registering and/or logging in will remove the anchor (bottom) ads. It's Free!

1878 CC Trade Dollar Need Help Please

To participate in the forum you must log in or register.
Author Previous TopicReplies: 21 / Views: 4,639Next Topic
Page: of 2
New Member

United States
15 Posts
 Posted 02/26/2015  3:28 pm Show Profile   Bookmark this topic Add A Penny For Your Thoughts to your friends list Get a Link to this Message Number of Subscribers
Hello all,

I was recently gifted some of my late grandfathers coins. After researching them over the last couple months I still haven't been able to solidify any concrete information without having them sent into PCGS or NGC. I'm aware of the amount of replicas produced in China so I'm hesitant to think this coin is real let alone the the beauty of it being so pristine. I reviewed the below information and everything seemed to check out in my opinion so I'm turning to the experts to really get some knowledge on whether this coin is real and if so what area of grade it would be given. I really appreciate any help and thankful in advance and look forward to hearing from anyone. I have attached images, please let me know if you would like others taken to better display the coin.

Best,
Julie

1878-CC-Trade-Dollar-Need-Help-Please

1878-CC-Trade-Dollar-Need-Help-Please

1878-CC-Trade-Dollar-Need-Help-Please

1878-CC-Trade-Dollar-Need-Help-Please
Edited by A Penny For Your Thoughts
02/26/2015 3:32 pm
New Member
United States
15 Posts
 Posted 02/26/2015  3:29 pm  Show Profile   Bookmark this reply Add A Penny For Your Thoughts to your friends list Get a Link to this Reply
Study the seller's photos carefully. If they are too small, you cannot tell anything about the coin. If the photos are less than 3x the size of the coin, it well be very difficult to detect markers of forgery on the coin. You will, however, often by able to spot if the coin has the correct obverse and reverse combination for the date. From 1873-75, all Trade dollars shared a common obverse design. The ribbon with "LIBERTY" on it has its tips pointing to the left. Also, the hand holding the branch has 3 fingers visible, a small detail often impossible to see in photos. example:
[#8203;IMG]
[#8203;IMG]
From 1873 until 1874, a common reverse was used(and continued to be used on some coins through 1876) there is an oval berry under the right side claw of the eagle, above the first 0 of 900:
[#8203;IMG]
Note that the tip of the lowest arrowhead ends between the 2 and 0 of 420.

Beginning in 1875, a new reverse was introduced, the type-2 or T-II reverse, which eliminated the berry and moved the arrow head slightly to the left, so it ends over the 2:
[#8203;IMG]

Both type 1 and type 2 reverses were in use for 1875 and 1876, and only type 2 from 1877 onward.

Beginning in 1876, another obverse was introduced, fittingly called type 2 or T-II, in which the ribbon tips pointed downward, and the hand with the branch has 4 fingers visible.
[#8203;IMG]
[#8203;IMG]

In summary, from 1873-1874, everything is type 1/1 (obv/rev); in 1875 we have type 1/1 or 1/2; In 1876 we have 1/1;1/2; and 2/2 (NOTE: NO 2/1 combination) and from 1877 onward only type 2/2. This comes in handy spotting fakes, because forgers mix up their dies and don't often pay attention to the obv/rev pairings. Thus, many of the fake 1878-cc Trade dollars for sale raw have a type 1 reverse. It's also common to see a type-2 reverse on fake 1873 and 1874 coins. Next: the basics of dentistry (dentil analysis)
Pillar of the Community
CoinCollector2000's Avatar
United States
2563 Posts
 Posted 02/26/2015  3:44 pm  Show Profile   Bookmark this reply Add CoinCollector2000 to your friends list Get a Link to this Reply
Looks promising, but the lack of detail on the leaves throws me off. I'm not sure it it's toning, pictures, strike, or a counterfeit. Either way, it is artificially toned.
Pillar of the Community
Imthealphaomega's Avatar
United States
3210 Posts
 Posted 02/26/2015  4:00 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
The toning screams out to me someone intentionally toned it unnaturally...Looks real but I am far from an expert on Trade dollars..
New Member
United States
15 Posts
 Posted 02/26/2015  4:06 pm  Show Profile   Bookmark this reply Add A Penny For Your Thoughts to your friends list Get a Link to this Reply
Thank you so much guys, looking forward to hearing more opinions! What grade would you guys issue this coin and I know the toning is in your face but is it still possible that it is not artificially toned? Thanks again
Pillar of the Community
CoinCollector2000's Avatar
United States
2563 Posts
 Posted 02/26/2015  4:24 pm  Show Profile   Bookmark this reply Add CoinCollector2000 to your friends list Get a Link to this Reply
XF-AU
Moderator
Learn More...
SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/26/2015  4:52 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Welcome to Coin Community, Julie. Your due diligence has rewarded you with a realistic mindset when presenting your coin, which is a great relief to us.

1878-CC is a toughie. Only 97k were minted and 44k of those were melted by official order. The remainder can get pricey in higher grade.

When you first look at a Trade dollar, before anything else direct your eyes to the branch in LIBERTY's hand and the interior feathers of the eagle's wings. A large number of Trade dollar fakes are cast and will show weakness in these areas. Learn what a good strike looks like in these areas very early in your studies. Next is mint mark location, as many fakes can be unmasked that way.

All of my comments are prefaced by "to the extent we can tell from the images."

Your coin does not alarm me from either standpoint. This is not to pronounce it authentic, but that distinctive lower first C in the mint mark is known for the year and therefore encouraging. The strike details seem appropriately strong. The denticles, another telltale area, are good. If this is a fake it's a pretty good one, and we don't have enough evidence to narrow it down further, so we'll stipulate it's real to talk about toning, grading and value.

Silver tones by a known chemical process, and it progresses according to a known chromatic progression through certain hues. Further, "natural" toning (a subjective opinion, to be sure) propagates in known patterns depending on where it got that toning, for instance while sitting in a Mint bag for decades or someone's album for the same time. We can identify those by the look of the toning on the coin.

Yours, for lack of a better word, is too scatterbrained to be considered "natural." Color starts and strengthens - progresses along the chromatic path - in odd locations not consistent with the coin sitting in one place for a long time, which is one good prerequisite for "natural" toning. What it *does* look like, to someone who has seen enough of them, is a coin which is toning after having had its' surfaces chemically stripped. This is a common happenstance for silver coins, an acid dip to "freshen" the look and remove color considered ugly. It's a strong term which isn't always the end of the world when done right - I suspect your coin looked very nice indeed when it first happened.

Unfortunately, the result is a coin whose surfaces are extremely sensitive to airborne chemicals (primarily sulfur) and will tone far more easily than an original strike. One must also factor the fools who create this effect deliberately, either to hide having cleaned the coin or to artificially inflate the value. One way or the other, this is the route your coin has traveled. The color would undoubtedly be adjudicated "artificial" by a third-party grader, meaning a Details grade.

In your case, however, those details are pretty strong. If it circulated, it wasn't for long and the technical details are a strong Almost Uncirculated. This coin needs to be authenticated by a TPG to have any hope in the market but no need to do it today if you plan on holding it. An 1878-CC Trade dollar in AU Details will fetch $3,000 for a nice example; the toning on this coin would lessen that value but if authenticated it's more than a couple grand in the bank for you. And quite liquid as Details coins go, since they are scarce indeed in that technical grade. The market will be there. In fact, potential buyers would be eyeing it hard, judging whether it could handle another dip which might add hundreds to the price. I know I would be, to be honest, but I don't think the coin would tolerate it without being ruined forever in a fashion which would make it worth even less.

Fun coin, but a TPG has to judge it.
Pillar of the Community
zxcccxz's Avatar
Canada
5417 Posts
 Posted 02/26/2015  6:32 pm  Show Profile   Bookmark this reply Add zxcccxz to your friends list Get a Link to this Reply
That toning is quite nice, if natural, seems like an AU-50 to me.
New Member
United States
15 Posts
 Posted 02/27/2015  08:42 am  Show Profile   Bookmark this reply Add A Penny For Your Thoughts to your friends list Get a Link to this Reply
Very thankful for all the support and information you all have provided!

Would you recommend getting this coin graded by NGC or PCGS?

Also if I were to put this coin on the traders market, where would be the best place to put it so it falls into the right collectors hands?

Thanks again in advance, hope everyone has a great Friday and weekend!

Best,
Julie
Moderator
Learn More...
SsuperDdave's Avatar
United States
23522 Posts
 Posted 02/27/2015  12:07 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Julie, this is the third identical thread you've started on this coin. That is considered a major faux pas in online communities - it dilutes the replies by scattering them, and each extra thread pushes another off the first page. Please keep individual coins to single threads.

This coin - as I mentioned in my last post - is not viable in the market without TPG slabbing. Buyers do not trust raw Trade dollars. Too many counterfeits exist. Once slabbed, it should probably be offered through one of the major auction houses such as Heritage or Great Collections. It's a niche coin and needs to be in front of a specialized audience as you've already figured.

If it were my coin, I would probably submit it through the TPG's Conservation Service. PCGS and NGC (I'd recommend PCGS) both do this. The toning greatly detracts from the value, and it's possible the TPG can remove it without damaging the coin. It would still likely be in a Details slab, but the eye appeal will be vastly improved.
Pillar of the Community
D0ubl3Eagle's Avatar
United States
5854 Posts
 Posted 02/27/2015  1:38 pm  Show Profile   Bookmark this reply Add D0ubl3Eagle to your friends list Get a Link to this Reply
I hate to be a downer here but I am pretty confident this coin is not genuine. All the 1878-CC Trade dollars have a type II reverse. One of the identifiers of a type II reverse is the the tip of the lowest arrow lines up with the middle of the 2. On this coin the tip of the lowest arrow lines up with the right side of the 2 indicating that the model coin to make the reverse of this coin had a type I reverse. That combined with lacking details in the feathers and branch held by Liberty, lack of sharpness and crispness of the reverse lettering, and the odd short looking reverse denticles, I think makes a strong case for this coin being spurious.
New Member
United States
15 Posts
 Posted 02/27/2015  1:42 pm  Show Profile   Bookmark this reply Add A Penny For Your Thoughts to your friends list Get a Link to this Reply
Very sorry SuperDave, wasn't sure if the post went up and whether I was posting on the right forum category. You are absolutely right and again I do apologize.
Valued Member
paddy murphy's Avatar
United States
401 Posts
 Posted 02/27/2015  2:02 pm  Show Profile   Bookmark this reply Add paddy murphy to your friends list Get a Link to this Reply
That is definitely a Type I reverse on a year they only used Type II's. Look at the left wing tip on reverse, it should touch the second arrow, it doesn't. Look at the leaf that should come down before the "F" in "Fine", it doesn't.

New Member
United States
15 Posts
 Posted 02/27/2015  2:19 pm  Show Profile   Bookmark this reply Add A Penny For Your Thoughts to your friends list Get a Link to this Reply
I noticed that the first C in "CC" mintmark is right in between the E and D in " Trade dollar" unlike others I saw where it was closer to the D in Dollar. Also the bottom arrow look to be inbetween the 2 and 0 in "420" unlike others I have seen closer to the middle of the 2 in "420"
Valued Member
hoosiergator's Avatar
204 Posts
 Posted 02/27/2015  3:47 pm  Show Profile   Bookmark this reply Add hoosiergator to your friends list Get a Link to this Reply
Do you know how this coin was stored by chance?
Valued Member
OLCoins's Avatar
United States
397 Posts
 Posted 02/27/2015  4:18 pm  Show Profile   Bookmark this reply Add OLCoins to your friends list Get a Link to this Reply
The obverse looks off (leaves, Liberty's face/head).
I think this is a fake.
  Previous TopicReplies: 21 / Views: 4,639Next Topic
Page: of 2

To participate in the forum you must log in or register.



    




Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. Copyright 2005 - 2026 Coin Community Family- all rights reserved worldwide. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited.
Contact Us  |  Advertise Here  |  Privacy Policy / Terms of Use

Coin Community Forum © 2005 - 2026 Coin Community Forums
It took 0.45 seconds to rattle this change. Forums