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 Replies: 16 / Views: 2,732 |
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Pillar of the Community
United States
939 Posts |
Found this 1871 dollar in the gold exchange, and was wondering if I should buy it for 50 bucks? How much is this actually worth in this condition?   |
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Pillar of the Community
 United States
2843 Posts |
All wrong. Not the correct design for the year. 1871 should be a Seated dollar. |
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Pillar of the Community
United States
7375 Posts |
If I'm not mistaken, Trade dollars weren't minted until 1873, so it's probably a fake....sorry. |
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Pillar of the Community
 United States
939 Posts |
Thanks guys, no sorry, that's why I asked because I knew there were lots of fakes of these! Good thing I didn't buy it, You guys are saving me 50 bucks. Thank you so much
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Pillar of the Community
7234 Posts |
Ditto. Not made untill 1873. If a deal seems too good to be true it usually is!
Edited by Mark1959
10/30/2017 9:16 pm
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Pillar of the Community
United States
939 Posts |
I thought it looked weird too, like the fact that it looks like there is a reverse die clash under states.. wasn't sure if that's possible for coins minted in 1870s lol.
Is it possible for real coins?
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Pillar of the Community
United States
1475 Posts |
an inferior looking fake.
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Pillar of the Community
United States
2843 Posts |
Die clashes can be found on 1870's coins, and on earlier coins as well. Another member just recently posted an 1814 half dollar with a clash.
Edited by BigSilver
10/30/2017 9:49 pm
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Moderator
 United States
187792 Posts |
Quote:1871 should be a Seated dollar. When I saw this topic, that is what I was expecting to see. I have been shopping for the Seated dollars to fill my 7070 and was curious to see one. |
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Pillar of the Community
United States
7840 Posts |
Hopefully you did NOT buy this...not even for a couple of novelty dollars.
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Bedrock of the Community
United States
17884 Posts |
Quote:
I thought it looked weird too, like the fact that it looks like there is a reverse die clash under states.. wasn't sure if that's possible for coins minted in 1870s lol.
Is it possible for real coins? If the coin is made in a press, die clashes are probably possible. I doubt you would find them on hammered coinage, and you may not find them on rocker press coins, but you will find them on drop press, screw press, and knuckle press (steam, or electric powered). Probably on hydraulic presses as well. |
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Bedrock of the Community
United States
94367 Posts |
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Moderator
United States
23522 Posts |
There is a pretty important, "Numismatics 101" lesson to be learned here. This design did not exist until years after the date shown on it, and the implication is that you need to be doing - like anyone operating out of areas where they already know their stuff - fundamental, ground-level due diligence before even contemplating a purchase. This is equally important to the experienced collector as the newbie. For instance, if you're completely comfortable with Lincolns and looking at a Bust Half Dimes for a typeset, you'd darn well better form a feel for rarities and grade price for the one you're looking at, or you're going to get taken. Be realistic about where you are and what you know. Be informed. Or be broke and disappointed. |
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Moderator
United States
187792 Posts |
That is excellent advice.  |
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Bedrock of the Community
Canada
24885 Posts |
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Pillar of the Community
United States
3058 Posts |
Counterfeit.
If real, this would be a $150 coin.
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Replies: 16 / Views: 2,732 |
Posted 10/30/2017 9:09 pm
