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1842 & 1847 Seated Dollars. Nice Grades Or Fake?

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Valued Member

United States
282 Posts
 Posted 03/29/2016  1:31 pm Show Profile   Bookmark this topic Add syeb to your friends list Get a Link to this Message Number of Subscribers
Hi. Long time reader, I appreciate all of the help I have received. First time poster.

I picked these up for a great price. Am going to have them graded before the money back guarantee time expires. They both look slightly suspicious to me. I think the texture and color is throwing me off. Any thoughts?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?
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billjones's Avatar
United States
1499 Posts
 Posted 03/29/2016  1:49 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
The 1842 looks like it had a layer of fake toning on it that the Chinese use on their products that has been partially polished off of the surfaces. There appears to a residue of it in the protected surfaces. At the same time you have some mirrored fields which look very unnatural.

The 1847 is either a counterfeit with granular surfaces, and perhaps a genuine coin that has been dipped in acid for way too long or way too often.

I would not keep either piece. Even if they are genuine, buying problem coins is never a good strategy unless you can't afford anything better.
Edited by billjones
03/29/2016 1:50 pm
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TypeCoin971793's Avatar
United States
6370 Posts
 Posted 03/29/2016  1:52 pm  Show Profile   Bookmark this reply Add TypeCoin971793 to your friends list Get a Link to this Reply
I think both are genuine, but harshly cleaned. I like the second one better.
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billjones's Avatar
United States
1499 Posts
 Posted 03/29/2016  2:03 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
To determine if these coins are real or not, you have to look at them with a 10X glass.

Another trick that the counterfeiters are using now is to clean, polish and retone their products. This how they have gotten a few of these things into "genuine" major TPG holders. The polishing and cleans gives the counterfeiters the opportunity to scrape off some or all of the telltale signs.
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ChildOfTheWheat's Avatar
United States
5828 Posts
 Posted 03/29/2016  4:30 pm  Show Profile   Bookmark this reply Add ChildOfTheWheat to your friends list Get a Link to this Reply
I agree with the harsh cleaning... Although, it *might* be a fake as mentioned, I'm leaning twords legitimate
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/29/2016  4:34 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Not an expert on these for sure, but I don't find either to be very eye-appealing, price aside.
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Imthealphaomega's Avatar
United States
3210 Posts
 Posted 03/29/2016  4:49 pm  Show Profile   Bookmark this reply Add Imthealphaomega to your friends list Get a Link to this Reply
I'd pass on both. If the price is too good to be true, it usually is.
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BH1964's Avatar
United States
10982 Posts
 Posted 03/29/2016  5:11 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply
My gut says both are genuine but the counterfeiters have gotten very good and Seated dollars seem to be a favorite series to copy. How cheap were they and were did you find them? Knowing the seller can mean a lot.
ANA #R3154474
Valued Member
United States
282 Posts
 Posted 03/29/2016  5:18 pm  Show Profile   Bookmark this reply Add syeb to your friends list Get a Link to this Reply
Thanks all for the responses. The first was purchased on ebay for $300 and the 2nd for $265 in straight auctions, not buy it now. Both from US sellers with decent feedback and not one "counterfeit" feedback. Both sellers responded to messages succinctly and quickly.

I'm sure I overpaid given the condition but I will chalk it up as a learning experience. If NGC returns them as counterfeit I get a refund from eBay/Paypal or Amex chargeback and am out the grading fees - but gain from the experience. If just a plain old details grade for cleaning or other issue I'm out of luck.

Next time I spend more time looking at pics and researching before I click!

Edit: The more I look at these the stupider I feel
Edited by syeb
03/29/2016 5:27 pm
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billjones's Avatar
United States
1499 Posts
 Posted 03/29/2016  5:27 pm  Show Profile   Bookmark this reply Add billjones to your friends list Get a Link to this Reply
If you are willing to spend a few hundred dollars on a coin, you best off buying NGC or PCGS certified coins. Are those companies perfect? No. They can over grade coins and make mistakes. BUT at least they have your back if the coin they certified turns out to be a counterfeit.

They can also have your back if the coin has a problem. I once goofed up and bought a $5 gold piece that had been treated with iodine. The use of iodine can make a coin look "old" and "crusty" which turns on some collectors these days. As turned "old and crusty" came from a bottle. I had to pay an up-front fee and had to wait for a couple of months, but I got the I paid for the coin plus the up-front fee back back. That was better than eating a big loss because the coin had been messed with.
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Ploopy's Avatar
United States
1788 Posts
 Posted 03/29/2016  5:47 pm  Show Profile   Bookmark this reply Add Ploopy to your friends list Get a Link to this Reply
The 1842 Dollar is harshly cleaned, and the 1847 Dollar is also cleaned. Both real imo.
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Coinfrog's Avatar
United States
94367 Posts
 Posted 03/29/2016  5:48 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
syeb - we've all made mistakes. Fortunately, yours does not seem to be a big blow financially.

Hey -



to the CCF!
Edited by Coinfrog
03/29/2016 5:49 pm
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 03/29/2016  6:55 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
I think the 1847 is authentic as I can see die markers that seem to match OC-2 when I enlarge your images.

http://www.seateddollarvarieties.co...47-OC2.shtml

I see die lines in the upper left portion of the shield on the reverse. I also see at least one die line next the scroll on the obverse...it was a little hard to see.

Since have this in hand, you might see if you can see the pick-up points mentioned in the link above.

-MV

Rest in Peace
moxking's Avatar
United States
17900 Posts
 Posted 03/29/2016  9:03 pm  Show Profile   Bookmark this reply Add moxking to your friends list Get a Link to this Reply
Both appear authentic but evily cleaned. If you can send them back I'd recommend you do so and buy a slightly uncommon date in PCGS or NGC at EF 40 or 45 for the same money as these two.
Valued Member
United States
282 Posts
 Posted 03/29/2016  9:17 pm  Show Profile   Bookmark this reply Add syeb to your friends list Get a Link to this Reply
moxking - advice noted. Better one solid coin than two potentially worthless ones.

Meadowview, thanks for the tip and the link especially. I took new pics of the 1842 and think it matches up with the OC3 variety.

http://www.seateddollarvarieties.co...42-OC3.shtml

Here are the new pics. I can't seem to have the reverse shield come out clear but the horizontal mark is plain to see and matches the sample.



1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?

1842-&-1847-Seated-Dollars.-Nice-Grades-Or-Fake?
Edited by syeb
03/29/2016 9:25 pm
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MeadowviewCollector's Avatar
United States
4409 Posts
 Posted 03/29/2016  9:48 pm  Show Profile   Bookmark this reply Add MeadowviewCollector to your friends list Get a Link to this Reply
syeb I'm glad the link was helpful.

I wasn't comfortable giving a die marriage on the 1842 as I wasn't sure if I was seeing the pick up points clearly or if my eyes were tricking me. Indeed it does appear to be OC-3.

to CCF

-MV
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