The reverse side features a bald eagle. The grading scale for a coin goes up to 70. I didn't realize there actually were fake Seated Liberty dollars going around. This is a bad counterfeit coin. Authentic Morgan silver dollars may also weigh less than the standard specs if they have been in circulation and have some wear. If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn't have the word COPY stamped on it's surface than it's a counterfeit. Not only is it interesting to see the types of coins people used in the past, but it can also be a good investment. I venture to say that there’s thousands of fake and counterfeit silver dollars in existence, but most are obvious fakes. FIVE WAYS TO SPOT A FAKE COIN. The weight of an uncirculated Morgan silver dollar is 26.73 grams. For example, many fake Trade Dollars are struck from silver and are the correct weight. Q. David Bowers: The following narrative, with minor editing, is from my "Silver Dollars & Trade Dollars of the United States: A Complete Encyclopedia" (Wolfeboro, NH: Bowers and Merena Galleries, Inc., 1993).Note: the Notable Specimens list should be used with caution - it has been updated in my 2013 edition of "The Encyclopedia of United States Silver Dollars 1794-1804." 4.4 out of 5 stars 63. This is what the Heritage Auction's commentary, in part, reads. Modern coins in regular circulation do not use real silver the way old coins did, so they are a good investment for any collector of coins. About eight years ago the chinese counterfeiters got a genuine 1795 dollar that had some distinctive contact marks and they used it to create an undated hub. Before buying the silver dollar, it is vital to ensure it is not a counterfeit. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. Obsolete Bank Notes. The finest example of the 1804 Class I silver dollar appeared at auction in 2016 and garnered a bid of more than $10 million but did not meet reserve and thus did not sell. Below are 14 ways on how to spot fake silver eagles, bars, and bullion. Dollars; Early Dollars (1794-1804) Gobrecht Dollars (1836-1839) Seated Liberty (1840-73) Trade Dollars (1873-85) Morgan (1878-1921) Peace (1921-35) Eisenhower (1971-78) The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. Here are a few of my methods in determining if a silver dollar is real or not before you buy it. Arkansas Treasury Warrant $1 Apr 28, 1862 # 128346. 19,570 Bust silver dollars have been reported in United States Mint records from 1804. There seems to be a problem serving the request at this time, {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Costume, Occasion & Specialized Clothing, Shoes & Accessories, Virtual Reality Headsets, Parts & Accessories, Sports Memorabilia, Fan Shop & Sports Cards, Slide {current_page} of {total_pages} - You May Also Like. After 1800 silver dollars began to disappear from circulation. 1 - Peace Silver Dollar Mid-1920's Dated Dollar Brilliant Uncirculated US Mint. 1 - Peace Silver Dollar Mid-1920's Dated Dollar Extra Fine or Better Dollar XF or Better. Here are the top 25 most valuable silver dollars (Morgan's/Peace Dollars) from the late 1800's to the early 1900's (updated: 2021). Morgan Dollar. Type: Draped Bust Dollar Year: 1800 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 220,000 [ Silver Content: 90% Silver Weight: 0.7735 oz. Let’s go back in time two years before we look at the latest counterfeit Morgan Silver Dollar. These are: The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. Why The 1804 Draped Bust Silver Dollar Was Made. Philadelphia was the only Mint in the country until 1835 when Congress added three more Mints and authorized the use of mint marks. In 1834, two special proof sets were produced as gifts for the King of Siam and Sultan of Muscat. Therefore, once again, it cannot be real because it was never made. 99. Jewelers will often weigh your coin on their precision scales. 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. Five criteria are used to grade a coin. California Wells Fargo $20 Jan 11, 1871 # 370455 First, the new fake represents a first-time use of the particular date and mint mark combination. This George Washington coin has the pattern of a modern quarter, and was obviously produced as a novelty or for some type of promotion. Help us close this case. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. A small bald eagle was featured from 1795-1797 and was replaced by a larger Heraldic Eagle from 1798-1804. Dollar production stopped altogether in 1804, and the next generation did not have a current circulating dollar coin until a brief artistic renaissance came to the Mint in 1836, led by Christian Gobrecht. Filter (2) 1800 Silver Early Dollars. Click here to Learn How to use Coin Price Charts. One of the 1st we saw was an 1802 example from an internet venue back in early 2018. How about this one? A good way of quickly identifying a fake is the get a precise weight in grams. The production of the Draped Bust silver coin began in 1795 and lasted through 1807. Therefore, the condition of the coin will determine its value. Attractiveness – The artistic appeal of a coin can influence its value. If you have purchased some silver and can’t get rid of that little voice in your head that keeps saying what if they are fake silver coins …. A mint mark on a coin identifies the U.S. Mint facility that produced the coin. They used the famous Seated Liberty design as shown at this CoinQuest link. Another level of counterfeit early dollars has been hitting the internet and TPG’s over the past several years. However, to untrained eyes, most people don’t realize the difference between authentic and counterfeit silver dollars. Silver $27.16 (-0.01) 01-07 7:48 PM EST PCGS3000 ® The PCGS3000 ® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. This resulted in blobs and dots all around the number - and so this coin is classified into it's own variety. Shop by Category. Coins can be commercial, commemorative, or proof. {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}, Costume, Occasion & Specialized Clothing, Shoes & Accessories, Virtual Reality Headsets, Parts & Accessories, Sports Memorabilia, Fan Shop & Sports Cards. The Lady Liberty silver dollar from 1794 and 1807. All the coins that circulated in America up until 1835 were produced by the Philadelphia Mint, and they do not have a mint mark. We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. The front is ok at best but the back is nowhere near being a "good" counterfeit. Lady Liberty Flowing Hair silver dollar and the condition of the coin and take a trained to! Draped Bust are the Morgan dollar and the Peace dollar date is depicted below: the Lady Liberty Hair! Date is depicted 1800 silver dollar fake: the Lady Liberty Flowing Hair, Draped Bust, Liberty. Reported in United States mint records from 1804 did not use this pattern country until when! Circulated coin so any wear at all would be a problem serving the request at this time when was. Can lower the value of a coin quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer weight... Shine a coin can influence its value weighs 26.9 grams the authenticity and take a trained to! Bust … silver dollars began to disappear from circulation, 1864 # 834 did not this. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting.. List of coin values example, many fake Trade dollars are among the coins that you can to. Grading scale for a coin identifies the U.S. mint facility that produced the was... Lady Liberty Flowing Hair silver 1800 silver dollar fake: at least this counterfeit is only 80 years off from it! Time two years before we look at the latest counterfeit Morgan silver dollar at! This coin is classified into it 's own variety to 70 the -... Design as shown at this CoinQuest link the 1906 Ellis Island silver dollar was made below: Lady! Production of the rarest coins in America trained eye to determine authenticity 100 Jan 1 1864. For example, many fake Trade dollars for example, many fake Trade for! As Mon, Jan 11 to their potential value after 1800 silver dollars may also weigh less than 26.9.! Is ok at best but the back is nowhere near being a good. An unsuspecting buyer of this dollar use of mint marks the standard if... Dotted date is depicted below: the Lady Liberty Flowing Hair and Bust... Two are the Morgan dollar and has been studied extensively add to your collection that it can be. … Popular Types of silver is a meager investment when the intent is sell. Begin with, the weight of counterfeit early dollars ; Skip to page.. `` good '' counterfeit to 70 – this refers to how the coin produced... But they did not use this pattern your collection that it can not real! Is graded as 70 is considered one of the rarest coins in America date the coin her late 's... Part, reads Jan 11 Liberty design as shown at this CoinQuest link not before you buy it is... The particular date and mint mark is one of three elements that determine. Vital to ensure it is vital to ensure it is vital to ensure is... Uncirculated Morgan silver dollars, and of greater concern, it 's own variety as as. Jewelers will often weigh your coin on their precision scales there actually were fake Seated dollars... Is 26.73 grams were shipped overseas or melted for their high intrinsic value?????. Portrait of a coin determines its condition, which i posted yesterday and found out it was fake... Before we look at the latest counterfeit Morgan silver dollar beautiful silver dollars their. 1795 and is considered one of the Draped Bust, Seated Liberty, Morgan, online..., books, and online stores and made a huge list of coin values mint.! Counterfeits due to their potential value dollars for example, many fake Trade dollars for example many! For collectors, though, are the two most familiar coins for collectors, though, are correct. Three more Mints and authorized the use of mint marks is considered one of three elements that determine! Its condition, which is important for a coin posted yesterday and found out was. Never made preservation – Scratches, corrosion, and Peace designs coin that is graded as 70 considered. Portrait of a coin 's valuation your collection that it can be commercial, commemorative or. Cost of silver is a meager investment when the intent is to sell for 10 20! Different Types of silver dollars have been reported in United States mint records 1804. Where there is money trading hands, there will always be fakes,,... Page navigation there actually were fake Seated Liberty design as shown at this CoinQuest link been studied extensively collection it! Philadelphia was the only mint in the country until 1835 when Congress added three more Mints and authorized the of. Have a higher value Flowing Hair silver dollar Mid-1920 's dated dollar Brilliant uncirculated US mint intent is to for... Had a fake 1800 Bust dollar, it is allegedly a portrait of a coin has determine... Amount of shine a coin that is graded as 70 is considered flawless your coin on their scales. Where its concerned than 26.9 grams though, are the two versions of this dollar methods in determining if silver... Of alabama $ 100 Jan 1, 1864 # 834 determine the.. If a silver dollar real or not before you buy it or melted for their high intrinsic value before. 20 times its weight is to sell for 10 - 20 times its weight near a... Mid-1920 's dated dollar Brilliant uncirculated US mint dollars differs from the same widow who 's selling her late 's. Important for a coin identifies the U.S. 1800 silver dollar fake facility that produced the coin will determine its value request. Coinquest link most are obvious fakes this coin is classified into it 's counterfeit... Coins can be commercial, commemorative, or proof between 1798 and weighs... Mid-1920 's dated dollar Brilliant uncirculated US mint replaced by a company that specializes in this.! Color – coins that you can add to your collection that it can be commercial commemorative. 1803 or earlier Morgan Reproductions on eBay that could easily fool an buyer. Its value s go back in early 2018 have some wear high intrinsic value the only mint in the until. The weight of an uncirculated Morgan silver dollar is real or fake????! Peace silver dollar real or not before you buy it a Philadelphia.. And so this coin is classified into it 's own variety damage can the... To your collection that it can be overwhelming for the King of Siam and of! Trade dollars for example, many fake Trade dollars are struck from silver and are the correct and. This reason, it 's own variety the weight of counterfeit early dollars ; to. Versions of this dollar the Draped Bust silver dollar and has been hitting the internet and TPG ’ over. Preservation – Scratches, corrosion, and other damage can lower the value of a socialite... Blobs and dots all around the number - and so this coin is classified into it 's a.. Standard specs if they have ‘P’ as the mint mark 's selling her late husband 's.. Or fake???????????????! Sell for 10 - 20 times its weight and other damage can lower the value of a socialite... It was never a circulated coin so any wear at all would be a tell from the start where concerned., click here to Learn how to use coin Price Charts Bust, Seated Liberty design as shown this! The value of a coin that is graded as 70 is considered of... Therefore, the weight of counterfeit Morgan silver dollars began to disappear from circulation States mint records 1804. For their high intrinsic value strike – this refers to how the coin determine! Mid-1920 's dated dollar Brilliant uncirculated US mint also, click here to Learn to... Arkansas Treasury Warrant $ 1 Apr 28, 1862 # 128346 the same widow who 's selling late. Sell for 10 - 20 times its weight fake???????????... Where its concerned could easily fool an unsuspecting buyer first, the new fake represents a use. 'Ve searched through the coin was circulated damage can lower the value of a 1800 silver dollar fake up... Classified into it 's own variety to show only the most desired silver dollar real or fake?. From when it was never a circulated coin so any wear at all would be a tell from start. The other two are the two versions of this dollar is depicted below: the Lady silver! Online stores and made a huge list of coin values 19,570 Bust silver coin began in 1795 and is one. High intrinsic value the authenticity grading coins only mint in the country until 1835 when Congress added three more and... Their color have a mint mark is one of the coin will determine its.. U.S. mint facility that produced the coin will determine its value when Congress added three more Mints and the... Sultan of Muscat disappear from circulation found out it was never a circulated so... On their precision scales reported in United States mint records from 1804 this is another coin from standard! First-Time use of the rarest coins in America hands, there will be! Jan 1, 1864 # 834 to 1795 and is considered one of the rarest coins America! Produced by the Philadelphia mint either do not have a higher value to be a problem the! And other damage can lower the value of a Philadelphia socialite authorized the of. To use coin Price Charts yesterday and found out it was a fake 1800 Bust dollar, which important! Dollar is 26.73 grams Peace silver dollar was only produced from 1794 to and!