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1846 Seat Liberty Dollar, How Much It Is Worth & What Grade?

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United States
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 Posted 06/03/2009  11:07 pm Show Profile   Bookmark this topic Add colint816 to your friends list Get a Link to this Message Number of Subscribers
I found this old 1846 Seated Liberty dollar coin. I don't know much about coins and was wondering what grade this coin would be and how much it would be worth.

I also noticed that there is a misprint on the back of the coin where it says "United", it seems to be printed on there twice.

Thanks....


1846-Seat-Liberty-Dollar,-How-Much-It-Is-Worth-&-What-Grade?

1846-Seat-Liberty-Dollar,-How-Much-It-Is-Worth-&-What-Grade?
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echizento's Avatar
United States
23731 Posts
 Posted 06/03/2009  11:27 pm  Show Profile   Bookmark this reply Add echizento to your friends list Get a Link to this Reply
, to the community,

There appears to be several things going on with this coin. On the obverse several of the stars are misshaped and on the shield there looks like a letter J cut into it. On the reverse is the pronounced double strike of UNITED and I also see and extra S. Grade wise I would call it VF-20. Normally an 1846 in VF condition would be valued at $375. It doesn't appear to be a copy but I would have an expert check it out.
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ratman4762's Avatar
United States
2520 Posts
 Posted 06/03/2009  11:55 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
I am by no means an expert on Seated dollars. That said.... I did a little web searching and found that " All Seated dollars with the doubled United are counterfeits! And that the die gouge on the Li of Liberty on the shield is also a marker that the coin is counterfeit" Like I said I am no expert! Just passing along the information I found.
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BH1964's Avatar
United States
10982 Posts
 Posted 06/03/2009  11:59 pm  Show Profile   Check BH1964's eBay Listings Bookmark this reply Add BH1964 to your friends list Get a Link to this Reply


It looks like "a coin inside a coin" from the appearance of the rims. What's up with that?

It also looks harshly cleaned with the reverse details AU but the obverse VF.

I think it's some type of trick coin because of the rims/doubling.
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Moe145's Avatar
United States
8904 Posts
 Posted 06/04/2009  11:15 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply


Not wanting to be the bearer of bad news, but I really suspect the authenticity of this coin. The DOL on the reverse looks very strange on the typeset (font) and the reverse rimming seems all wrong, as previously stated.

But I am no expert.

SuperDave? Conder101? Thoughts?

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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/04/2009  3:51 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
SuperDave? Conder101? Thoughts?


I own one of these, too. It's a counterfeit.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/04/2009  3:54 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply
Here's mine:

1846-Seat-Liberty-Dollar,-How-Much-It-Is-Worth-&-What-Grade?

1846-Seat-Liberty-Dollar,-How-Much-It-Is-Worth-&-What-Grade?
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Moe145's Avatar
United States
8904 Posts
 Posted 06/04/2009  7:10 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
SuperDave wrote:


Quote:
It's a counterfeit.


Ouch!

I'm sorry Colin816!
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wetglaswegian's Avatar
United States
917 Posts
 Posted 06/04/2009  7:12 pm  Show Profile   Bookmark this reply Add wetglaswegian to your friends list Get a Link to this Reply
Ok..i gotta ask now , why counterfeit this coin ? Its such a glaring error that is going to attract attention,what was the point?
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 Posted 06/04/2009  8:20 pm  Show Profile   Bookmark this reply Add colint816 to your friends list Get a Link to this Reply
Thanks for all your replies.... I really appreciate the feedback, even though it's a counterfeit, I'll still keep it because I never seen a counterfeit old dollar coin before..... but why would they take the trouble in making a counterfeit anyways?
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ratman4762's Avatar
United States
2520 Posts
 Posted 06/04/2009  8:29 pm  Show Profile   Bookmark this reply Add ratman4762 to your friends list Get a Link to this Reply
A real one would be worth a couple hundred bucks! Get the picture?
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Conder101's Avatar
United States
17884 Posts
 Posted 06/05/2009  08:45 am  Show Profile   Bookmark this reply Add Conder101 to your friends list Get a Link to this Reply
As Superdave said it is a counterfeit and a well known one. That doubled reverse die showed up several years ago and has been combined with many different dated obv dies. The doubling happened when they created that die in China. It does not exist on any genuine US Seated silver dollar. You would think that once they realized they had such a major error on the die they wouldn't use it but they did. Possibly they thought they could sell the pieces for higher prices as error coins.
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SsuperDdave's Avatar
United States
23522 Posts
 Posted 06/05/2009  6:34 pm  Show Profile   Bookmark this reply Add SsuperDdave to your friends list Get a Link to this Reply

Quote:
Possibly they thought they could sell the pieces for higher prices as error coins.


That was my thought. Either way, it's an untouchable part of my permanent collection because of the educational value.
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