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 Replies: 35 / Views: 5,365 |
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Bedrock of the Community
United States
10045 Posts |
$80?  The silver value alone for the 4 is about $120. |
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Pillar of the Community
United States
870 Posts |
Yeah, don't trust him! =) Did he give any reason for his low pricing?
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Pillar of the Community
United States
1204 Posts |
Tell this local coin to go to heck you can sell one of that morgans per 80 bucks on ebay ! The Trade dollar looks real to me but have to see in hand , as the other member said you must show to someones who know about coins to find out if is real if so worth couple 100's maybe more who knows because there is not enough of them for such a demand ! The trade look polished but is beautyfull and that dings on the rim tells me that coin saw some circulation what almost proof the autenticy . |
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New Member
 Australia
9 Posts |
Yeah they guy didn't seem overly interested in them, he didn't say much other than what they were and how much he thought they were worth.
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Pillar of the Community
United States
1424 Posts |
was that $80 Australian? what is the current exchange rate?
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New Member
Australia
9 Posts |
$80 Australian is trading at $85 US
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Pillar of the Community
United States
2669 Posts |
Do you have a good scale? The Trade dollar should weigh 27.2 ounces grams - check here for more info: http://www.coincommunity.com/us_dol...e_dollar.aspEven a correct weight and supposed wear on a coin are no guarantee of authenticity. Counterfeiters can duplicate those relatively well. The Heritage Auctions site (www.ha.com) has some pretty good, large photos of genuine Trade dollars you could use for comparison to yours. |
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Bedrock of the Community
United States
14454 Posts |
with the bigger clearer pictures of the Trade dollar nothing is screaming fake to me but some counterfeit Trade dollars look really good as well. These were made to trade in China so they have had over 100 years to get them correct since that is where they were shipped to when made. They were counterfeited almost immediately and traded along side their authentic counterparts during that time, so they had to be really close to the correct design even back then and they have only gotten better at making them (an just about every other US coin) since then. The good thing if it were a contemporary counterfeit is chances are pretty good it would be the correct composition of silver or sometimes even had more silver content than the original has. But I don't think this is a counterfeit (contemporary or modern) but I would still look for another knowledgeable dealer that can see it in hand before I would be totally convinced it was real. As xshift said a weight would at least be able to help a little with the authenticity of the coin if you have access to a scale but if not a dealer that knows the series well enough would be sufficient to give me piece of mind |
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Pillar of the Community
United States
1547 Posts |
My thought is keep them and give some serious thought to becoming a member of this beloved hobby. As far as hobbies go, you can do a lot worse, and this one will stay with you for your entire life. Just give in, get us some better pictures, and we'll start you off with some grades and values, and put you on the right path. Why? Because that's just one of the things we do, here, and there's nothing anybody can do about it.  |
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Pillar of the Community
United States
3755 Posts |
I see absolutely nothing on that trade to indicate it is counterfeit. Take a magnet to it. Most counterfeits are ferrous metal, and the magnet will pick it up. Polished, yes.
And 80 bucks for all of them? Dont EVER deal with that fool again. He was trying to rip you off.
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Valued Member
United States
397 Posts |
Was it a coin guy , or a pawn shop? The local pawnshop in my town pays 35% to 45% of metals value and the owner has no clue on the value of anything.
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New Member
Australia
9 Posts |
Nope, it was a dedicated coin shop :(
yeah I'm not overly interested in actually selling them it was more I was just intrigued as to what they were worth. They are pretty attractive looking coins really.
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Valued Member
United States
397 Posts |
A coin shop (or a pawn shop, she can't remember) offered a family member of mine $30 for a MS 1951-c Gold $1, so I'm not surprised at your pricing.
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Valued Member
United States
493 Posts |
Not a coin expert at all, but, 5.2 million minted. The berry under the right wing on the eagle might make it worth more as well? I
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Pillar of the Community
United States
802 Posts |
Nice finds in your dad's cupboard :)
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Replies: 35 / Views: 5,365 |
First Page
Posted 05/31/2011 02:05 am
