Questions About The 1856 Fe Cent - Coin Community Forum

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Author	Replies: 7 / Views: 1,246
jpsned Pillar of the Community United States 2205 Posts	Posted 01/18/2018 11:09 pm 1. Were any put into circulation? 2. Were they hoarded or saved? 3. How often is this date faked? (Reason I ask is that I don't see a lot of people complaining about fakes on ebay.) Report this Post to the Staff

Mark1959 Pillar of the Community 7234 Posts	Posted 01/18/2018 11:23 pm 1856 FE's were pattern coins with a mintage of 2000 - they were given to government officials - who knows if any of those people actually put them into circulation? Report this Post to the Staff
BStrauss3 Pillar of the Community United States 4592 Posts	Posted 01/19/2018 07:43 am If they didn't make it into circulation, they were certainly kept as pocket pieces... PCGS's census has 1 AG3, 1 G4, 3 G6, 8 VG8, etc... The survival estimate (usual disclaimer about how subjective and questionable these are) is 550 all grades and 225 MS, leaving 375 in circulated grades... -----Burton 50+ year / Life / Emeritus ANA member (joined 12/1/1973) Life member: Numismatics International, CONECA Member: TNA, FtWCC, NETCC, EveryCountry (online) coin club Owned by three cats and a wife of 40+ years (joined 1983) Author: 3rd Edition of the Sample Slabs book, https://www.sampleslabs.info/ Report this Post to the Staff
just carl Bedrock of the Community United States 20753 Posts	Posted 01/19/2018 08:40 am Might explain why no roll searchers have found a roll of them. Report this Post to the Staff
moxking Rest in Peace United States 17900 Posts	Posted 01/19/2018 09:22 am There are fakes of the pattern issues dated 1855-56. But they do not look like the actual "circulation" issues of 56. A fair percentage have been in circulation or as a pocket piece. Report this Post to the Staff
Conder101 Bedrock of the Community United States 17884 Posts	Posted 01/19/2018 10:15 am 1. Not officially but I'm sure some managed to get into circulation. 2. Yes for the most part they were saved because they were something special, and later some collectors did build hoards of the them. One hoard had over 500 coins and another one had over 700. Those two hoards did not overlap so I'm sure some of the coins from one hoard were also in the other one. 3. Due to their fame and high value the 1856 FE is frequently faked either as an outright counterfeit, or by altering the date on an 1858. In the past ten to fifteen years the Chinese counterfeiters have made a lot of them. Report this Post to the Staff
jpsned Pillar of the Community United States 2205 Posts	Posted 01/19/2018 2:32 pm Thanks, everyone, for the good and succinct information! Report this Post to the Staff
jbuck Moderator United States 188660 Posts	Posted 01/20/2018 01:02 am Good questions, good answers. Coin Collector Since 1978 Avatar Old Avatar 7070 Eisenhower Australia Canada World CCF Members on eBay CCF eBay Search Engine Report this Post to the Staff
	Replies: 7 / Views: 1,246

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