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7070 Silver Dollars! Post Away

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Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/10/2009  8:25 pm Show Profile   Bookmark this topic Add johnny54321 to your friends list Get a Link to this Message Number of Subscribers
I'm missing the two Seated dollars. I've been looking adamently at this type for months now, and am having difficulty finding attractive specimen within the XF-AU range. Even many of the certified ones are cleaned or just have unattractive surfaces in my opinion; and most have very little luster until you get into the MS range. I won't buy one raw because there are too many high quality fakes out there. I'm open to suggestions of any kind as far as the Seated dollar type market goes. It's on the top of my list of coins to buy.

Here are the rest, and I'm pretty satisfied with these...



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nod2003's Avatar
United States
3294 Posts
 Posted 09/11/2009  08:47 am  Show Profile   Bookmark this reply Add nod2003 to your friends list Get a Link to this Reply
What is going on with the first digit of your Peace dollar?
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Moe145's Avatar
United States
8904 Posts
 Posted 09/11/2009  6:01 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Nice!! (Like all your coins!)

I know what you mean with the Seated Liberty dollars. Since they didn't make too many (of most of these), the higher end quality coins are WAY expensive. Mine are not XF/AU. I just can't justify the cost (yet!). I'll post them, hopefully, later tonight!

Thanks again for starting this post so we can see all types of cool coins!
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Moe145's Avatar
United States
8904 Posts
 Posted 09/11/2009  8:06 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Here we go!



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7070-Silver-Dollars!-Post-Away
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/12/2009  02:19 am  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
What is going on with the first digit of your Peace dollar?


It is just the lighting coupled with toning. It looks fine in hand. It was pulled from an NGC MS-64 slab. Here is another shot.

7070-Silver-Dollars!-Post-Away

Again, nice coins Moe. Your Seated dollars are at least strong VFs in my opinion, and the first one looks like a solid XF+. However, to be honest with you, I'm concerned about the 1846. Hopefully it is just the photos and/or my skepticism toward Seated dollars; but the coin doesn't look quite right. The denticals look funny and the surfaces are kind of odd looking. Was it certified at one time? If not, I'd have it checked out. I'm not trying to be critical, but this coin is faked a lot and the fakes are getting better and better. Your 1872 looks terrific to me, and would probably grade very close to an XF. VF-30-35.
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Moe145's Avatar
United States
8904 Posts
 Posted 09/12/2009  3:00 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Neither one of the Seated dollars posted here were certified. I knew I was taking a risk when I bought the '46. I did pay the normal (not cheap) amount so I hoped at the time (and still do) that it was authentic.

If I get brave enough, I may have it graded. Hopefully, I would be pleasantly surprised.

(However, I may not want to hear the answer...)


Ah, the joys and woes of coin collecting!


Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/12/2009  9:15 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
One easy thing to do is to weight it and check the dimensions with the specifications. I imagine the dimensions are probably right if it fits well in your album, but the weight may be off. Although if it all checks out it won't guarentee it's genuine, but it will make your chances better. What kind of worries me is that the denticals appear a bit disjointed and unconnected to the rim in some places, especially on the reverse. It may just be the pics though, but the dentical structure plays a major role in authenticating these types.


I have also read that a diagonal mark through the shield is a marker on some Seated Liberty dollar counterfeits. I don't know the validity of it, but your coin has a very clear diagonal mark through the shield and through liberty.

Also, if you'd like, I can post your pics on the PCGS forum for review. That forum is extremely active and they have a lot of seated experts that would be much better at confirming one way or another than I am. Your call. If it were me, I'd want to know.

Edited by johnny54321
09/13/2009 12:55 am
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Bryan1315's Avatar
United States
14454 Posts
 Posted 09/13/2009  12:18 am  Show Profile   Bookmark this reply Add Bryan1315 to your friends list Get a Link to this Reply
I have to say the 1872 strikes me as odd looking as well. I hate to say it but it really looks like a cast copy to me and it even looks as if you can see a seam on the bottom of the Obverse. I am no expert on these things either but from the denticals being not uniformed and the grainy look and even what looks like a seam would be enough to concern me
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/13/2009  1:26 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply
Good point regarding the seam Bryan. I didn't notice that. Again, it could be "just the pictures" like everything else we are seeing. Also, cast fakes rarely use real silver, so the weighing/measuring technique would be useful since the weight should be off if real silver was not used. Did you buy these coins from the same person? If they are reputable, they may be willing to give you your money back if they turn out to be fake. A lot of money is at stake here..
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Moe145's Avatar
United States
8904 Posts
 Posted 09/14/2009  5:46 pm  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
FYI to all: These two Seated Liberty dollars are the first coins I bought after I bought a bunch of Morgans (around 5 years ago). I think I may have been spoiled since no one was counterfeiting Morgans then. Believe me, I was just starting out and not too savvy at the time. I didn't consider fake coins were out there at the time.

I REALLY hope these are not fake but I can see how they may very well be.

They were bought around the same time (but not from the same seller and no, NOT from China!). They were not cheap but also not at the top going rate. I thought I was getting a bargain. (Maybe not.)

(At least I can talk about it now without getting sick to my stomach with anxiety... It's not a good feeling...)

A lesson learned either way: Know your coins before investing! Particularly with commonly counterfeited coins (like the SL Dollar!)

I am looking for a scale and let everyone know the outcome. Keep your fingers crossed for me!

First Update: The above SL Dollars, at least, are not attractive to magnets.

The only scale in the house is my wife's dietetic scale. It is graduated in 10's of grams. Both of these coins weigh just under 30 grams. (The CCF coin guide lists this coin as weighing 26.73 grams. I'll need to get more specific weights (these may not be genuine but, maybe, they may at least be silver!)
Edited by Moe145
09/14/2009 5:57 pm
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/14/2009  7:06 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
(At least I can talk about it now without getting sick to my stomach with anxiety... It's not a good feeling...)



Trust me, I know how you feel. Here is the link to my story on this forum for my $600+ fake if you want a long read...lol. I hope your story turns out better than mine did, but I have to say, I learned so much more buying an expensive counterfeit than I ever would have otherwise and am learning more everyday. For what it's worth, I still think yours has a shot at being real w/altered surfaces; but please don't get too discouraged if it's not. We're here for you
http://www.coincommunity.com/forum/...Ccounterfeit

edit:
Hopefully I'm alowed to post this link. It is to an ebay guide referring to Seated Liberty Fakes.

http://reviews.ebay.com/Beware-Coun...1:LISTINGS:2

Unfortunately, I'm almost certain the OPs 1846 is fake. It discusses the gouge that I mentioned earlier that is used on 1846 and 1842 counterfeits. Even though the pics are small, it looks the same as on Moe's coin.
Edited by johnny54321
09/14/2009 8:19 pm
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cownas22's Avatar
United States
1055 Posts
 Posted 09/14/2009  11:36 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
What a tough lesson to learn At least you know better now and can help others from making the same mistake. When I first started out, I bought a $2.50 Gold Indian from a local dealer that was supposedly reputable, well I asked him if there was any problem with the coin. He cut me a deal and sold me an AU-55 problem free 1927 for $300...not really a good deal right there as I found out later...I sold it later on and shipped it. The new owner was dissapointed that it was a damaged coin and worth only spot gold. even though I got half of the value back, I still lost $150...a tough lesson to learn but now I do more research and am more careful with counterfiets...I also do not buy expensive coins on ebay that are not slabbed from PCGS, NGC ,ANACS, ICG and from a good dealer with return policy. I hope your coins turn out to be real Moe, but I too have little hope for that 1846

BTW- I refuse to deal with that dealer in town. I have had better expereinces with ebay.
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Moe145's Avatar
United States
8904 Posts
 Posted 09/15/2009  09:54 am  Show Profile   Bookmark this reply Add Moe145 to your friends list Get a Link to this Reply
Judging from the web site Johnny54321 posted, the 1846 is DEFINITELY a counterfeit. The gouge in the LI of LIBERTY is identical to the picture posted of the fake. (I always thought it was a post strike mark but obviously is a part of the counterfeit die).

Sometimes things are too good to be true.

(I just posted a couple coins on ebay and I will use the proceeds to buy a true 1846 SL dollar from a reputable dealer. I will repost that coin in this thread when it's in my hands!)
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Gothic Florin's Avatar
United States
2541 Posts
 Posted 09/15/2009  11:30 am  Show Profile   Bookmark this reply Add Gothic Florin to your friends list Get a Link to this Reply
I only have Morgans and one Peace dollar, but I have to say that I do love the toning on that 1880 Morgan!
Rest in Peace
johnny54321's Avatar
United States
4849 Posts
 Posted 09/15/2009  12:27 pm  Show Profile   Bookmark this reply Add johnny54321 to your friends list Get a Link to this Reply

Quote:
(I just posted a couple coins on ebay and I will use the proceeds to buy a true 1846 SL dollar from a reputable dealer. I will repost that coin in this thread when it's in my hands!)


Can't wait to see it! I still hold some hope for your 1872. Though I can see what Bryan is talking about when he pointed it out, that coin probably would have fooled me if it's fake. And that is the reason that I would ONLY buy one of these certified.
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cownas22's Avatar
United States
1055 Posts
 Posted 09/15/2009  12:49 pm  Show Profile   Bookmark this reply Add cownas22 to your friends list Get a Link to this Reply
Yes Moe I would suggest buying a ceritified 1846 even if all you do is take it home ans crack it out.
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