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 Replies: 13 / Views: 1,191 |
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Valued Member
United States
94 Posts |
Edited by RealtorInWi
02/25/2006 04:27 am
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Pillar of the Community
Australia
1091 Posts |
The auction closed just as I was reading the post. So I emailed the winner. "Hi Hazard, I'm a fellow coin collector. The Trade dollar you just won is a fake without doubt. If your happy with that, then OK. I just thought you should know. USA Trade dollars started in 1873 to 1885. Not 1798." |
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Pillar of the Community
Australia
1079 Posts |
Gives Ozzie's a bad name.
A $51 fake?
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Moderator
 United States
23484 Posts |
Look at the sellers feed back rating.
the coin is most likely a fake.
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Valued Member
United States
79 Posts |
Id like to hold that coin in my hand;it looks as if it is made of some type of base metal.Probably from CHINA; dont you think?
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Valued Member
 United States
94 Posts |
That's exactly what I was thinking--it looks like aluminum, almost...lol
But just based on the year, I had to laugh right away.. As stated above, the motto In God We Trust, along with the positioning of the mintmark--too far right of the S in grains. Anyone else have any ideas?
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Pillar of the Community
Australia
1091 Posts |
The seller is trying to flog this coin off as real saying that silver dollars were around since the 1700's. The buyer has asked for more info and I sent him some. I'll post the information here also. The major problem is the date on this coin. Silver dollars were circulated before 1873 but they had a different design and did not mention " Trade dollar". The " Trade dollar" was designed by William Barber and 1798 is before he was born. All coins struck at the San Francisco Mint are distinguished by the "S" Mint Mark. That is the little "S" on the reverse of the coin, above the words Trade dollar. San Francisco was chosen as the site of the new branch of the U.S. Mint. Due to its proximity to the Gold Rush district, it was easy to move gold and silver to the mint. The San Francisco Mint began operation in 1854. 1798 is before the mint existed. Fakes of this coin are abundant, however most are more accurate than this particular fake. The seller may be ignorant of these facts or just plain dishonest. Another way to tell a fake is the weight of the coin. The Trade dollar weighs 27.22 grams. Most fakes are not made of the right metals and the weight is different. |
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Pillar of the Community
Australia
1091 Posts |
Just got word, the buyer got out of the sale.  So, I sent this information to the seller. He now has the facts, it will be interesting to see if he re-lists the coin as real again.  Edited by toast
02/25/2006 7:36 pm
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Pillar of the Community
Australia
1091 Posts |
I took a particular interest in this because I once bought an Aluminium Trade dollar from a bloke in Sydney. I was warned by a concerned collector (who also was stung) and returned the coin and got a refund. Since then I have not bought and will not buy a Trade dollar on ebay. So I'm still after a low cost sample of the type. What would be a reasonable price for a Trade dollar (any year) in "Good" condition? The RedBook I have only lists prices in VG and above. |
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Pillar Of The Community
3147 Posts |
If you can locate the REAL thing for $60 to $70 you will be getting a good buy. I will have to keep my eyes peeled and maybe stumble on to one for you! Don't see too many Trade dollars in this area but every once in a while my dealer will buy one! |
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Rest in Peace
United States
3730 Posts |
Glad I bought a nice Trade dollar back in the 1960s. They are pretty pricy now. |
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Pillar of the Community
United States
756 Posts |
The Q/A at the bottom of the listing is fun read.
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Moderator
Australia
16808 Posts |
I think we're dealing with an absolute coin novice here. He's got a coin that says "1798", so that must be when it was made - the possibility that a forger could put a bogus date on his coin probably cannot enter his mind.
Speaking of which, it obviously wasn't made to fool knowledable numismatists; the recent wave of "China reproductions" are usually more subtle than that. I'm wondering... could it be a contemporary counterfeit - you know, made in the Orient somewhere sometime in the 1800's?
Of course, if such copies were made and widely circulated in the Orient, then perhaps this is a copy of one of those copies...
Don't say "infinitely" when you mean "very"; otherwise, you'll have no word left when you want to talk about something really infinite. - C. S. Lewis
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Rest in Peace
United States
2684 Posts |
quote:
Originally posted by wrk4lvg
The Q/A at the bottom of the listing is fun read.
Yes. I wonder how many bridges he is also listing for sale. Based on his absolute disregard for truth and honesty and with no apparent desire to learn any facts, the seller has classed himself as a fraud. Fred |
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Replies: 13 / Views: 1,191 |
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Posted 02/25/2006 06:28 am
