Care To Grade An 1804 Quarter Eagle? - Page 2

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Author	Replies: 19 / Views: 2,059	Page: of 2

bpoc1 Rest in Peace United States 4078 Posts	Posted 04/01/2016 4:08 pm That is some interesting history. Thanks, biljones. Report this Post to the Staff
Pistareen Valued Member United States 309 Posts	Posted 04/01/2016 4:49 pm I once read a scheme of long ago where they would shave away this coin's reverse leaving a thin obverse shell. Taking a dime they would thinly shave away the obverse. Since sizes and reverses dies are identical by mating the two, and gold plating the silver back portion of the sandwich it could pass as a quarter eagle again. By doing so they turn an investment of $2.60 into $2.50 in coin (counterfeit) to shill and about $2.00 in gold dust. For a profit of $1.90 they could spend a bit of time doing this and still make out well. Report this Post to the Staff
billjones Pillar of the Community United States 1499 Posts	Posted 04/01/2016 5:29 pm Dime reverse dies were used to make several varieties the Capped Bust $2.50, but I've seen or heard of an example of the type of counterfeit you describe. It sounds a bit like the 19th century counterfeits that were hollowed out on the middle with a platinum disk filling the space to make up for the weight. The trouble is no one has ever found an example of that counterfeit. Report this Post to the Staff
fenton Pillar of the Community United States 4989 Posts	Posted 04/01/2016 7:10 pm Adjustment mark history is fascinating. Agree with AU-50 grade. Report this Post to the Staff
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