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Real Or Fake Trade Dollar?

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Valued Member
Michael_T's Avatar
United States
122 Posts
 Posted 02/03/2011  3:57 pm Show Profile   Bookmark this topic Add Michael_T to your friends list Get a Link to this Message Number of Subscribers
I saw this coin on ebay and the seller doesn't even know if it is real or fake.

What say ye?



Real-Or-Fake-Trade-Dollar?
Pillar of the Community
fenton's Avatar
United States
4989 Posts
 Posted 02/03/2011  4:12 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
100% Fake.

Real Trade dollars were produced from 1873 to 1885 and have a different design than the coin pictured.



Real-Or-Fake-Trade-Dollar?
Edited by fenton
02/03/2011 4:14 pm
Valued Member
Michael_T's Avatar
United States
122 Posts
 Posted 02/03/2011  4:29 pm  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
Was this type of design ever used?
Possibly a prototype design?

It does have a certain appeal.
Bedrock of the Community
biokemist6's Avatar
United States
12437 Posts
 Posted 02/03/2011  4:37 pm  Show Profile   Bookmark this reply Add biokemist6 to your friends list Get a Link to this Reply
Yes, it is similar to a very rare Trade dollar pattern. Even so, there is basically zero chance that the lump of metal shown is a genuine pattern.
New Member
MIKES3's Avatar
United States
38 Posts
 Posted 02/03/2011  4:38 pm  Show Profile   Bookmark this reply Add MIKES3 to your friends list Get a Link to this Reply
I wouldnt buy if I have to guess. That coin looks too generic for me to think it's real. I dont like how that Liberty is on that globe for some reason. That was the first thing I saw.
Pillar of the Community
fenton's Avatar
United States
4989 Posts
 Posted 02/03/2011  4:43 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
Yes I think this is a poor copy of this pattern coin:

"J-1220 (A-W 1244). Trade dollar. Obverse with William Barber's copy of the Longacre design with 13 stars on the flag. The reverse is a new die and bears the inscription TRADE / DOLLAR / 420 GRAINS / 900 FINE within a luxuriant olive wreath, tied with a bow at the bottom which is inscribed GOD OUR TRUST. The inscription UNITED STATES OF AMERICA appears at the top border. Silver, reeded edge."

NOTE: You won't see one of these up on ebay for sale unslabbed. You'll see it in a PCGS holder marketed by the likes of a Heritage or other major auction house.
Edited by fenton
02/03/2011 4:52 pm
Valued Member
Michael_T's Avatar
United States
122 Posts
 Posted 02/03/2011  4:53 pm  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
By calling it a "pattern coin", was there a prototype coin like this that was never produced?
Valued Member
Michael_T's Avatar
United States
122 Posts
 Posted 02/03/2011  5:00 pm  Show Profile   Bookmark this reply Add Michael_T to your friends list Get a Link to this Reply
OK, I looked up "pattern coin" on wikipedia. Very interesting!
So there probably wasn't very many of the real thing ever made since they were just "trying out a new design" I suppose.

http://en.wikipedia.org/wiki/Pattern_coin

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fenton's Avatar
United States
4989 Posts
 Posted 02/03/2011  5:00 pm  Show Profile   Bookmark this reply Add fenton to your friends list Get a Link to this Reply
A pattern coin is produced in very small quantities to evaluate a design. They do not generally enter circulation and are often found in museums or very high end collections.
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Coinstar's Avatar
United States
1510 Posts
 Posted 02/04/2011  12:16 am  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
seen 4 fakes today--pretty funny 2 morgans with weird lettering on the back and two 1799 -bust dollars--all 4 we picked up with a magnet!
Retired USAF 1983-2003
Edited by Coinstar
02/04/2011 12:17 am
Valued Member
Newbismatic's Avatar
United States
380 Posts
 Posted 02/04/2011  9:13 pm  Show Profile   Bookmark this reply Add Newbismatic to your friends list Get a Link to this Reply
Ouch... Gotta be a bad feeling after you dish out some cash for that...
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Coinstar's Avatar
United States
1510 Posts
 Posted 02/04/2011  9:18 pm  Show Profile   Bookmark this reply Add Coinstar to your friends list Get a Link to this Reply
yes the guy bought them for 5 dollars a piece from "some guy at work" 20 bucks for scrap metal!
Retired USAF 1983-2003
Valued Member
Meldercat's Avatar
Canada
268 Posts
 Posted 02/06/2011  6:33 pm  Show Profile   Bookmark this reply Add Meldercat to your friends list Get a Link to this Reply
Uncertified Trade dollars scare the crap out of me.
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