The stars are too small of size compared to the real coin. I have a 1804 US silver coin . How much is a 1804 silver dollar worth? Damn, I fell for old, outdated post again. They then used that hub to create a LOT of undated dies that they punched dates from 1795 to 1804 into and used those dies to make fake … Which says it is a US coin of one dollar value, worth of millions of dollars today. Counterfeit 1804 Draped Bust Dollar – Reverse Side Go back and look at Old-School's post. Posted on December 20, 2016 Counterfeit, or “fake”, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). - Duration: 4:08. & the fact that you are NOT a coin expert just a new collector should not effect your nonsense  expertise on respecting and  believing people's stories. The 1804 Draped bust Dollar is classified as different restrike proofs, and when on hits the market it creates a large "buzz" in the numismatic community and will sale for 2-3 million dollar or more. Thus, identifying an 1804 counterfeit can be quite straight forward. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. It's silly that this discussion has gone on so long. The 1906 Ellis Island silver dollar is 100% fake because the real coin was not struck until 1986 by the U.S. Mint as a silver commemorative dollar. The problem is that some people are grinding the motto off regular coins and passing them off as real — and it may be at YOUR expense! The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. Just a souvenir or conversation piece. One of these 1804 silver dollar coins was auctioned at a whopping $3.7 million. The location of all of the 15 known 1804 silver dollars are known. So I'm giving to understand that it is definitely not a genuine 1804 Silver Dollar. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. New to this forum, not new to social communication or petty name calling. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. It might be wise  to look a bit closer before attacking someone who did nothing wrong. And how does one kno... How much is a 1804 silver dollar coin worth. Therefore, once again, it cannot be real because it was never made. Below that is the photo of your coin for comparison. ( only on the coin). I am not saying it's stolen though. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. For Sale: Rolls Of 90% And 40% Silver For Sale: 10x Z5 5 Oz ATB Bullion Air-Tites - $18 Delivered Best Offer: AU55 Shield Nickel 1868 FS-903 ANACS Certified For Sale: 1898 Indian Head Cent MPD-001 For Sale For Sale: 50 Lbs World Coinage And/Or 500 Large Canadian Cents - Vancouver Bc For Sale: Lincoln D Shield Cents Doubled Ear - Years 2015,16,18 And 19 For Sale: Silver World War 2 … The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint.The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. There are none of the known genuine coins that are stolen at the moment so there is no chance of it being a stolen specimen. First of all, the odds are astronomical against it being genuine. I asked my friend to take pictures of it so that we could find out the true value of this coin. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. The piece you posted in your photo only resembles the real thing. This is sometimes known as the "King of Coins". I showed that article to my friend, and he said that he was told that the coin is extremely valuable by a coin expert, who also asked him to sell it to him for a hundred thousand dollars. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. Recently when he was showing me his coins, I saw this Liberty coin, and as a person who don't have any knowledge on coins, found it quiet big and heavy and wondered why there is no sign of value on it Then the geeky person inside me encouraged me to search Wikipedia to find out whether there is any article about it. Since the coin was produced from 90% Silver and 10% Copper, an improper mixing of the composition when the planchet stock was produced, can account for Copper showing on the edge., or (3.) © 2017 Numismatic Guaranty Corporation When you start comparing the two coins closely, you will notice a lot of things do not match up on your coin. It is not even close. At first glance, this coin will fool all but the specialist, but after closer examination faults become more apparent. With regards to the 1804 silver dollar, it was never a circulated coin. The only thing definitely genuine about the original posters dollar is that it is a fake and not a very good one either. Another was sold for $4.14 million. He was quoting a post from 2013, which was about a coin posted on 6/27/2013. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. It is almost certainly one of the tens or hundreds of thousands of fakes floating around. A good way of quickly identifying a fake is the get a precise weight in grams. By using the visual test, you can identify several red flags to weed out the counterfeit eagles. In 1804 production of the denomination was halted, only to make an unusual come back in 1834 when the famous 1804 Silver Dollars were minted. On Thursday, they marked their best finish since Sept. 18. Below we have a real vs. fake American silver eagle. This is not a real, or genuine, U.S. Minted coin. Authentic 1804 Draped Bust Dollar – Reverse Side. This. Please i need advice i don't wanna do somebody a favor and get in trouble on the other hand. So assuming that the coin is a replica of a genuine example (I'm not quiet convinced yet ), does that means the story I just told about that coin is nothing but a joke? The 1804 Bust silver dollar is … It also helps to have a genuine coin of the same type and era for a side-by-side comparison. Powered by Invision Community. The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. And I haven't even looked at the rev yet. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. 1804 SILVER DOLLAR FAKE vs GENUINE COMPARISON. Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. A caliper is the ideal tool to use to measure the height and the width of the Morgan silver dollar. The letters are different. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. Lest you think spotting fakes is easy, take a look at this 1884-S Morgan Dollar. The date font is wrong, the stars are wrong, the bust is too small, the border denticals are wrong, and it has raised blemishes in the fields. In addition to the weight, the diameter and thickness of the Morgan silver dollar can be measured to ensure it’s authenticity. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. Hi, I have a 1804 silver dollar coin. In many cases, the counterfeits have a smaller diameter. There are to many differences. you read and agreed to the. Bob is absolutely right, it's a fake, unfortunately. I get mad every time I see those pictures. The piece you posted in your photo only resembles the real thing. The back says E pluribus. I've only been collecting coins for a few years and although I'm not an expert, I feel quite confident in saying that it's not genuine. The 1804 silver dollar was designed by Robert Scot. If you have a known, legitimate coin and receive one you believe is fake, compare the alleged counterfeit’s diameter to that of your real coin. Many Morgan Silver Dollars and other Silver U.S. coins show some Copper look around the edge due to them coming into contact with coins that are high in Copper content., or (2.) He was quoting a post from 2013, which was about a coin posted on 6/27/2013. Jewelers will often weigh your coin on their precision scales. The interesting fact about the 1804 silver dollar is that it wasn't produced in 1804. Did you weigh it and measure it? I've attached your coin (above) and a genuine one here from PCGS. We know that there is many fake 1804 Silver Dollars around, but, the story behind this coin suggests that it may be a genuine one. You need to be a member in order to leave a comment. All 1804 dollars were struck either as presentation pieces, or specifically for collectors.The 15 known examples are all accounted for. Those boxes don't look very sturdy (remember, coins are quite heavy in these quantities, even fake ones), yet the coins are transported to coin shows in these cases. It helps to be very familiar with the coin in question and ultimately to have another certified genuine coin to … Will I didn't ask for your opinion on my story sherlock Holmes. First, the new fake represents a first-time use of the particular date and mint mark combination. If you look at the picture on Wikipedia and that link you sent and carefully compare the two I don't even think you will need to weigh it. Scott A. Travers of New York City, a nationally known coin dealer, author and consumer advocate, pondered the price disparity as the Childs Sale approached, then offered some observations on the subject. Started by Am I legally responsible for that or do any authorities come after me? They have since been recovered. Elsewhere, silver for March delivery declined 14.8 cents, or 0.6%, to end at $26.033 an ounce. 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