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Replies: 17 / Views: 2,987 |
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Pillar of the Community
United States
4211 Posts |
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Pillar of the Community
United States
6384 Posts |
Can't really tell much. It's not a glaring fake the way many are. I don't suppose you know the weight? Can you ask the seller to verify that it at least is not magnetic? My only Trade dollar is also a 1874-S slabbed by NGC. My photos aren't great but here they are for comparison.  
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Pillar of the Community
 United States
4211 Posts |
Yes, the weight...sorry I did not add this picture: And no...it's not magnetic Thank you 
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Pillar of the Community
United States
5825 Posts |
For the asking price (whatever it is) I wouldn't touch it unless it was slabbed.
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Pillar of the Community
United States
7618 Posts |
The "funky" toning around the devices is what scares me about the coin.
That type of toning is synonymous with many Chinese counterfeits.
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Pillar of the Community
United States
4469 Posts |
Here is what I see. The obverse and reverse are both type 1 as they should be. The 1874 S had three sizes of s mint marks a mini, medium and large, that varied in position, so it is difficult to use the mint mark to identify a counterfeit. The date position is different on the OP coin and NGC coin, but I have seen other slab coins with different position dates similar to the OP coin.
I do not know if the coin is genuine or counterfeit, but for me the coin has enough issues to move on with the denticle missing under the date and a possible carbon spot on the chin, the dirt/toning on the coin looks staged and the photos are not very good.
Edited by Slider23 05/17/2016 11:14 pm
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Bedrock of the Community
United States
12057 Posts |
Fake. My opinion. Fails in all four areas: foot, rocks, scroll at hand, and reverse motto.
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse 05/18/2016 12:44 am
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Pillar of the Community
United States
3210 Posts |
I won't say fake or genuine because I don't have any experience with Trade dollars.....I know they are highly counterfeited and that I personally wouldn't buy one unless it was slabbed by NGC or PCGS.
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Pillar of the Community
United States
6370 Posts |
I would not confidently buy from those pictures. It might be genuine, but I can't say with confidence The weight is exact for a Trade dollar. How does the thickness compare to a normal dollar? I do not like the color. I've seen many cast fakes with the same hue, but this coin is not cast. Thus the coin must be cleaned, which would have caused the funky toning around the devices. I don't want to say fake just yet as this coin could be genuine.
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Pillar of the Community
 United States
5828 Posts |
 I'm on the fence with this one, especially because of what TypeCoin mentioned. I would find another one, IMHO.
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Pillar of the Community
 United States
4211 Posts |
Thanks everybody! Here is the story. A collector bought it raw from a trusted coin dealer he has bought from in the past at a coin show he frequented at the time. A couple years later he sends it in for grading and guess what. PCGS isn't certain either way, just like most of you. Just though you might find it interesting. 
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Moderator
 United States
188204 Posts |
Definitely interesting. Thank you for sharing. Filling this hole in my 7070 scares me, which is why it is still empty.
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Bedrock of the Community
United States
12057 Posts |
I waited until I could see raw coins in person @ ANA this year so I could find the "right" type coin, and was rewarded with a nice 1878-S with AU details (wiped) from a very reputable dealer, at a very acceptable price. I would not even consider buying one on ebay if it wasn't slabbed.  
Member ANA - EAC - TNA - SSDC - CCT #890 "Most of the things worth doing in the world had been declared impossible before they were done." -- Louis D. Brandeis
Edited by paralyse 05/18/2016 10:19 pm
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Moderator
 United States
188204 Posts |
Very nice, paralyse!  I do not think I would ever buy this one on ebay. The Seated dollars, maybe, but not the Trade. I really think I need to see it in hand before making the decision to purchase.
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Pillar of the Community
United States
8904 Posts |
I think I'm with the majority here: The Trade dollar has been counterfeited for a LONG time. I would shy very far away from an unslabbed coin. There just too many fakes out there.
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Pillar of the Community
United States
1150 Posts |
Its scary to think that even PCGS cannot confidently authenticate a Trade dollar. At least they have the moral compass to admit it and not put a definitive label on it one way or the other. I wonder how many are out there that have similar labels.
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Replies: 17 / Views: 2,987 |