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Lafayette Dollar, What Do You Think?

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russell1256's Avatar
United States
216 Posts
 Posted 02/06/2022  07:30 am Show Profile   Bookmark this topic Add russell1256 to your friends list Get a Link to this Message Number of Subscribers
I am interested in buying this Lafayette dollar, just not too sure about it's authenticity, what do you think?
Lafayette-Dollar,-What-Do-You-Think?
Lafayette-Dollar,-What-Do-You-Think?
Lafayette-Dollar,-What-Do-You-Think?
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JimmyD's Avatar
Canada
21597 Posts
 Posted 02/06/2022  08:15 am  Show Profile   Bookmark this reply Add JimmyD to your friends list Get a Link to this Reply
Looks genuine but it does have some wear on it.
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Keith67's Avatar
United States
6526 Posts
 Posted 02/06/2022  08:30 am  Show Profile   Bookmark this reply Add Keith67 to your friends list Get a Link to this Reply
Based on color. I say fake
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nss-52's Avatar
United States
54280 Posts
 Posted 02/06/2022  08:32 am  Show Profile   Check nss-52's eBay Listings Bookmark this reply Add nss-52 to your friends list Get a Link to this Reply
I'm voting counterfeit. Note the size and shape of the dots between the words. They should be small and round.
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commems's Avatar
United States
12263 Posts
 Posted 02/06/2022  08:41 am  Show Profile   Bookmark this reply Add commems to your friends list Get a Link to this Reply

Quote:
not too sure about it's authenticity, what do you think?

I'm not convinced of the authenticity of this one. The statue of Lafayette on the reverse is lacking in detail. Is this the result of wear or of a poorly executed counterfeit die? From the image presented, I'm not sure.

The coin also presents quite a few pronounced parallel lines that could be hairline scratches introduced as part of a past cleaning or artificial aging.

nickelsearcher is the expert 'round these parts on circulated US commemoratives, I would trust his eyes/thoughts.

Me, I would pass on this particular coin. Too many questionable aspects for me.

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Coinfrog's Avatar
United States
94367 Posts
 Posted 02/06/2022  09:13 am  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
Close examination of the serifs on several letters suggests a counterfeit as well.
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Jakes Coins's Avatar
United States
735 Posts
 Posted 02/06/2022  10:16 am  Show Profile   Bookmark this reply Add Jakes Coins to your friends list Get a Link to this Reply
Personally would stay away from this one as I am not convinced of its authenticity.
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Pacificoin's Avatar
Canada
5394 Posts
 Posted 02/06/2022  11:18 am  Show Profile   Check Pacificoin's eBay Listings Bookmark this reply Add Pacificoin to your friends list Get a Link to this Reply
Total fake , only buy this issue graded!!
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fortcollins's Avatar
United States
3635 Posts
 Posted 02/06/2022  11:59 am  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
Counterfeit, but copied from a genuine DuVall 1-B Lafayette Dollar. Like the disturbing counterfeit VAM-correct 1899-O Morgan, this one could be troublesome because of the inadvertently accurate variety. The DuVall 1-B is the most common of the known varieties, so it's not surprising they nailed the variety.
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nickelsearcher's Avatar
United States
15403 Posts
 Posted 02/06/2022  12:04 pm  Show Profile   Bookmark this reply Add nickelsearcher to your friends list Get a Link to this Reply
I am highly skeptical of this example, likely not authentic. It's just simply 'off' to my eye and likely cleaned, or at least the illusion of cleaned. I suggest that you stay away from this one.

Circulated examples of the Lafayette dollar appear regularly in the market and it won't take a forever search for you to find a suitable one for your growing circulated collection.
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russell1256's Avatar
United States
216 Posts
 Posted 02/06/2022  12:22 pm  Show Profile   Bookmark this reply Add russell1256 to your friends list Get a Link to this Reply
Thank you everybody
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russell1256's Avatar
United States
216 Posts
 Posted 02/07/2022  06:05 am  Show Profile   Bookmark this reply Add russell1256 to your friends list Get a Link to this Reply
I notified the seller and sent him a link to this thread, he thanked me and sold it anyway.
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sel_69l's Avatar
Australia
21786 Posts
 Posted 02/07/2022  06:17 am  Show Profile   Bookmark this reply Add sel_69l to your friends list Get a Link to this Reply
If in doubt, leave out.
Your 'gut' feeling has saved you.

Hopefully, good lesson learned without financial injury.
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fortcollins's Avatar
United States
3635 Posts
 Posted 02/07/2022  6:41 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
@russell1256, As @nickelsearcher and other noted, the more common varieties of the Lafayette Dollar are fairly readily available in eye pleasing mid- to high-AU. They are scarce, but not truly rare. I sold my personal collection recently, but I had an eye-appealing DuVall 1-B that was AU-55/AU-58. I snagged it at a Missouri Numismatic Society show many years ago, and never regretted having a nice slider as an example.

Eye appealing examples can be found in most shows, on the usual auction sites, and in dealer inventory. Take your time, select one with a solid strike, minimal wear, and few contact marks. They exist, and can be found with a little searching. Don't just "settle" for one. There isn't much price difference between a run of the mill example and one with eye appeal. As you did with this one, if it doesn't "look right," pass on it. Even if genuine, it won't be eye pleasing, and you likely would regret the purchase a year or so down the road.

Certified examples don't run much more than raw examples. Even the second and third tier TPGs do very well on authentication. Remember to buy the coin, and not the grade on the slab.

For raw coins, take a little time and learn the DuVall varieties. DuVall 1-B and 2-C are by far the most common varieties. Knowing the attribution of these two varieties will help weed out most of the fakes that are out there. Examining known genuine coins in hand is the best education for spotting the fakes.

You are on the right track. Hang in there, and you will find the right example.
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