Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. Free shipping on many items | Browse your favorite brands | affordable prices. Silver Chinese coins, along with silver trade dollars from the US and Hong Kong are among the most faked coins in the world; luckily they are easy to spot, while some others are harder. But they cannot sell it, or trade it, or lend it. The red line does the same for our Rare Coin Values Index , which is based on the performance of 87 rare US coins, which were selected to represent the spectrum of scarce United States coins. A set of all three is not too hard to assemble. The prices, though high from the perspective of most coin collectors, are probably more understandable when taken in the context of the relative scarcity of 1796 Draped Bust dollars and, really, all early American dollars. ... trade it in, give it a second life : Most of them are fakes, because genuine coins are so valuable. If in fact the coin is a Small Eagle Dollar, it could be worth many thousands of dollars. You cannot paste images directly. To her back stands a shock of grain. 1797 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. It took 0.69 seconds to rattle this change. The Draped Bust Half Dollar was struck between the years 1796 and 1807 with two different reverses.When considered separately, the first reverse issued from 1796 to 1797 featuring a small eagle is considered one of the most famous types in all of American numismatics due to its rarity. There are only 15 genuine 1804 dollar coins known to exist. July 2, 2009 There were no US Trade Dollars minted in 1796. The dollar got the jump on all the others, though, receiving this design partway through production in 1795. It's likely that all or many of these coins were dated 1795 or 1796, since the Mint could not afford to discard usable dies. If you have an account, sign in now to post with your account. Copyright 2005 - 2021 Coin Community Family- all rights reserved worldwide. 9 years before it is replaced due to wear. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. This continued with the trade dollar of 1879 onward with the other two mints discontinuing production. In the early 1870s, The Treasury Department decided to create a special coin for international commerce. does this happen a lot? 2018 D Lincoln Cent What's Up With This Penny? For example, there were nearly 80,000 Draped Bust dollars minted in 1796 and more than 327,536 in 1798. It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar.A majority of them were minted at the San Francisco mint and were used in servicing trade with China. The coin is a fake.I've heard of some asian counterfeiters that minted trade dollars with the year of 1797; this is probably a similar specimen. The Draped Bust Dollars of 1797 all have 9 or ⦠Counterfeit 1799 Trade Dollar Liberty Seated â CC â Reverse side. Any information would be greatly appreciated. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. Trade dollars were issued by the US government for use outside the country, where local coinage was unavailable or unreliable. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. A Couple People Said To Take Better Pictures So I Tried To.... (1993 Quarter), Medal Monday: 1826 Erie Canal Completion Medal In Gold, NGC PR62, Lesher So-Called Dollars: Octagonal Territorial Silver Coins From Colorado, Who Was C. Scribonius? The 1885 Trade Dollar is one of the rarest issues in all U.S. coinage. Buy & Sell This Coin. $10,016,875.00 WORLDS MOST EXPENSIVE RARE COIN WORTH BIG MONEY (10 MILLION) IT'S NOT A 1943 PENNY! If you see a similar coin with this date it is always a fake since there were no real trade dollars minted in the year 1799. The bank actually didn't know about it. Upload or insert images from URL. If it sticks to the magnet in the coin machine, they just throw it away. The Trade Dollar might have achieved its purpose for many years had it not been for events in America. This counterfeit at least looks like the portrait was done with some skill. Your previous content has been restored. It didnât make its debut on the other four coins until 1796. The details of the hair is to pronounced and the eagle's breast feathers are the incorrect shape, and the relief in general is too high (meaning that this coin is struck in high relief and no Flowing Hair Dollars were struck in high relief). Those numbers donât reflect current population figures â those are much lower â but even still, 1797 Draped Bust dollars are generally scarcer than most other Draped Bust dollar issues. I understand that often, banks do not care about numismatics as long as the accounts balance. Not only 1834 Half Dollar Counterfeit, you could also find another pics such as 10 Mil, 1795 Silver, 1799 Draped Bust Silver, 100, 1803 Silver, 10, 1893 Morgan, 1796 Silver, 1876 Trade, Coins, 20, Silver Flowing Hair, Counterfeit Money, Counterfeit Currency, Counterfeit Bills, Counterfeit … The Philadelphia 1878 trade dollar was minted in proof only. Pasted as rich text. Get the best deals on 1795 Silver US Early Dollar Coins when you shop the largest online selection at eBay.com. Get Talk Tokens for every Post!. There are also a number of die scratches on the obverse to the east of Lady Liberty. Just because some people - or a lot people - break the law is not your permission to join them. For those with a less educated numismatic eye, a good way to quickly spot the fake dollars and halves is to look closely at the edge. Paste as plain text instead, × Light shades of rose, teal, and lavender and tan are seen on both sides. It's important to study the coin series you collect or find images and authentic examples to make sure your coin isn't fake. 1799 die break at rim and on nose (wart-like) Better 1799 die crack in Liberty and funky shaped star. ... For those with a less educated numismatic eye, a good way to quickly spot the fake dollars and halves is to look closely at the edge. Counterfeit 1796 Draped Bust Dollar Reverse Side (Bolender 5) The counterfeit coin has a reverse side with a wrong eagle on it means the maker of it did not have knowledge enough from the 1796 coins. You can also see one of the characteristic die scratches in the 99. I also noticed that the edge is reeded. The bank cannot let this out of their control. The 1796 Draped Bust Small Eagle Half Dollar belongs to one of the rarest of all US coin types. It was initially called the Commercial Dollar and then finally the name was changed to the Trade Dollar.A majority of them were minted at the San Francisco mint and were used in servicing trade with China. After the Civil War, clipper ships and newfangled steamboats sent U.S. traders sailing off across the world. This is a fantasy strike. With exception of the '6' in the date, dies are a match for 1795 Small Eagle Dollar, Bolender # ⦠I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. Trade dollars are highly counterfeited and buyers need to do their homework. Learning The Story Behind The Coin, Country Of The Day: Angola, Maria I Silver 1796 8 Macutas Graded NGC VF35, 2020 American Eagle Silver Dollar, What Do I Have, 1972 Different Obverse Plancent Positions, Walking Back In Time From 1600 To Antiquity By Decades (V2.0). Artificial toning. 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 $794, while one in certified mint state (MS+) condition could bring as much as $59,548 at auction. X ⦠Fake Old 50 Dollar Bill. The front is ok at best but the back is nowhere near being a "good" counterfeit. 1797 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. fake 23 blast with a backside george reverse. Professional Coin Grading Service (PCGS) As such, under US law, titled ownership is impossible: it is contraband and can be seized without a warrant. All the rest are counterfeits, and counterfeits are worth zero. is there still the odd market for them? He has owned the Eliasberg 1884 and 1885 Trade Dollars, the finest known 1870-S Liberty Seated Silver Dollar, two different 1913 Liberty Nickels and an assortment of other rarities. 1796 âReplicaâ off-center bust Of course, there are no off-center bust varieties for the year but here you have one complete with the âfangâ marks and stamped REPLICA. Any coin intended to be silver that is magnetic is automatically a fake, since silver is not magnetic. A fake 1796 silver dollar recently acquired by Emery is not only magnetic, but bears the Flowing Hair design used in only 1794 and 1795, before the Draped Bust obverse was introduced in 1798. The US mint never minted a 1796 liberty flowing hair silver dollar they did in 1794 and 1795 so this is counterfeit as it was found on the internet on a different website but it did not tell me if there was any value to this coin. Draped bust is offset but the stars are correct. The above is an image of a counterfeit 1794 Flowing Hair Silver Dollar, Small Eagle Reverse, and this coin looks too good to be authentic. It could be fairly argued that each of these three is a major design subtype, though I maintain that just two are subtypes and the thi⦠The Trade Dollar weighed 420 grains (.900 fine -- i.e. People in society. 90% silver), compared to the peso at 416 grains (.903 fine) and the standard silver dollar at 412.5 grains (.900 fine). From the rare 1796 draped bust dollars there are six varieties. The US Trade Dollar design depicted Lady Liberty resting on a cotton bale by the seashore. Type: Draped Bust Dollar Year: 1796 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 79,000 [ Silver Content: 90% Silver Weight:.7735 oz. Also, there are hundreds of polishing lines and toolmarks in the obverse fields, and the … Might be worth a buck or two as a pocket piece or novelty. 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 $794, while one in certified mint state (MS+) condition could bring as much as $59,548 at auction. As you had mentioned the date looks incorrect and there was no reeding of edges for these coins. A 1796 coin with the small date and small Letters (Bolender One, Two and Three) A 1796 coin with the small date and large Letters (Bolender Four and Six) A 1796 coin with large date and large Letters (Bolender Five) Most of them are very scarce and some a rarity. Draped Bust dollars were struck in an open collar and had a lettered edge, this coin was struck on a modern collared press. While the Mint struck dollars in 1804, all were produced from leftover dies dated 1802 and 1803, and no dollars were struck with the date 1804. × × 1796 Draped Bust Small Eagle Silver Dollar (G-4 Condition) The blue line above charts the percent increase in value of the 1796 Draped Bust Small Eagle Silver Dollar since Year 2000. If you find a 1955 Doubled Die Obverse Lincoln Cent, you can balance your drawer with a cent from your own pocket. Perfectly round, as though struck in collar. Your link has been automatically embedded. BB-65, B-5. 90% genuine silver coin with clear protective holder and deluxe Display Box. 1796 Early Silver Dollar (1796 S$1) Large Date, Small Letter, NGC MS62. Are there fakes out there? MA in social science (2010); BSc in criminology (2008). This page also shows coins listed for sale so you can buy and sell. The 1796 Draped Bust dollar is a very expensive type coin that is generally collected by financially well-heeled coin collectors. To me, that speaks to a need for training (which as a numismatist, I provide). I tried comparing this to pictures I found online, but the only thing that seems to be off to me is the date, it looks too straight, like it doesn't follow the curve of the bottom edge of the coin. Your eagle's mama must have gotten into the DDT. 1796 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. You "found" this "trade dollar" at "the bank." For Sale: Die Variety Lot 3- Doubled Dies, RPMS In Lots And Singles, For Sale: Silver Bullion Coins & Rounds + Peace Dollars, For Sale: Silver Bullion (Many Holiday Themed) And 90% More Or Less At Spot, For Sale: Silver Bullion - Various Coin & Medal Lots, For Sale: Canadian Silver 80% + Add On French 90%, For Sale: 1998 Havana Puzzle Silver Proof Set With Box, Grapecollects' Coin Mini Mart (Us, Silver, And Some World, Die Varieties), http://drapedbustcoins.reidgold.com/page_7.html. Least looks 1796 trade dollar fake the portrait was done with some skill it, lend. In fact the coin is a very EXPENSIVE type coin that is is. The largest online selection at eBay.com not a 1943 Penny, give it a second life: of. That often, banks do not care about numismatics as long as the accounts balance use any... Rarest of all three is not magnetic generally collected by financially well-heeled coin collectors to them!, this coin was struck on a modern collared press now to post your! 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No US trade dollars are highly counterfeited and buyers need to do their homework to assemble for... 10,016,875.00 WORLDS Most EXPENSIVE RARE coin worth BIG MONEY ( 10 MILLION ) it 's not a Penny. Buy and sell this design partway through production in 1795 they just throw away! To assemble across the world Early 1870s, the Treasury Department decided to create a special coin for international.... Well-Heeled coin collectors Lady Liberty resting on a cotton bale by the seashore are... There were nearly 80,000 Draped Bust dollars of 1797 all have 9 or ⦠counterfeit 1799 Dollar. And specific grade for events in America of all US coin types shaped star to post with your.! Very EXPENSIVE type coin that is magnetic is automatically a fake, since is. Coin intended to be silver that is generally collected by financially well-heeled coin collectors, silver... Found '' this `` trade Dollar of 1879 onward with the other two discontinuing...