The example on the right appears to better match a genuine B-10 1799 Draped Bust dollar, but common “markers” between the two suspect examples’ reverses and to the 1801 and 1802 … One major variety is the 1803 Draped Bust Silver Dollar "Small 3" variety. 1802 Draped Bust Silver Dollar $1 Coin BB-241 - … Counterfeit 1802 Draped Bust, Heraldic Eagle Reverse Silver Dollar, _______________________________________________________________________, Q. David Bowers: Numismatic Books & the Appeal of Double Eagles, CoinWeek IQ 360: How it Works – Vintage Spider Press – 4K VR, Bid by Percentage in the Stack’s Bowers Jan. 2021 Precious Metals Auction, New Dollar Coin Honors Champion for American Civics, Q. David Bowers – Cycles of the US Rare Coin Market 1900 to Date, Classic Commemoratives Offered in Special Month-Long Heritage Auction, Year of the Ox Investment Series From Royal Australian Mint, Heritage Offers Cid-Pulido Collection of Spanish Banknotes in FUN Auction. but where there is money trading hands, there will always be fakes, frauds, and counterfeits. THE OFFICIAL 2021 MEGA RED BOOK DELUXE EDITION, LIGHTHOUSE INTERCEPT SHIELD DOUBLE ROW SLAB BOX, PROFESSIONAL LARGE TABLE TOP SCALE (4000 X .1 G), LIGHTHOUSE HIGH PERFORMANCE DIGITAL MICROSCOPE, BCW TOPLOAD HOLDERS -- LARGE CURRENCY -- PACK OF 25, Collector's Assistant - World , Ancient, US and Paper, HEAVY DUTY DOUBLE ROW SLAB/CROWN BOX (10 INCH), PLEASURE AND PROFIT: 100 LESSONS FOR BUILDING AND SELLING A COLLECTION OF RARE COINS, LIGHTHOUSE COIN CLEANING FLUID FOR ALL COINS. P. Scott Rubin: The sales of 1802 Proof Silver Dollars at auction have been in the $800,000 to low $900,000 range, this for a coin that is not always appreciated for its rarity. On the surface, the 1802 would appear to be the rarest Heraldic Eagle Reverse dollar with a reported mintage of just 41,650 pieces—the lowest of the series. The colors attest to the coin’s originality. They used the famous Seated Liberty design as shown at this CoinQuest link. The Narrow Date features the numbers in the 1802 date spaced more closely together and the "2" in the date is further away from the liberty bust. Individually, each problem is enough to raise suspicion, and taken together they easily condemn this coin as a fake. 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 …. How To Tell A Real 1804 Dollar From Fake Central Jersey Rare. This week we cover a very low quality counterfeit Seated Liberty and a slightly less low quality Seated Liberty. One of the most famous rarities in American coins, if not the most valuable. Type: Draped Bust Dollar Year: 1802 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 41,000 [ Silver Content: 90% Silver Weight: 0.7735 oz. If you have US Silver Dollars of any type, date, or mintage to sell, American Rarities Coin Company wants to buy them! Eight were minted in 1834 (Class I) and the rest minted about 1858 (Class II) The 1802 half dime ranks number 61. Oct 22, 2012 - An impressive example of the 1802 proof silver dollar has sold with excellent results on the first day of Heritage Auctions' ANA US Coins Signature Auction in D .. Results matching fewer words. PCGS MS65. As a result, prices for 1802 dollars easily exceed $1,000 even in the lowest condition. Weight: 26.73 grams. There is also a “2 over 1” overdate for both the narrow and wide date. The US minted beautiful silver dollars in 1865, but they did not use this pattern. BB-241, B-6. Below are 14 ways on how to spot fake silver eagles, bars, and bullion. Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. There is also unusual design doubling at the date and the bottom of the eagle. On the surface, the 1802 would appear to be the rarest Heraldic Eagle Reverse dollar with a reported mintage of just 41,650 pieces—the lowest of the series. Subscribe to the free NGC eNewsletter today! Counterfeit Detection: 1802 Draped Bust Silver Dollar. 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. 9450 Posts. Both the obverse and reverse are softly defined, and the uneven level of detail in different areas is a red flag. This represented the second lowest figure for a regular issue, after the low reached in 1797. (The 1804 Dollar was struck only in proof and not until the mid-1830s.). PCGS MS65+ View More Images. Q. David Bowers, for example, estimates the actual mintage to be approximately 80,000 coins. Silver dollars in fine condition give the impression of lost detail but not overly so. There are all levels of counterfeiting - from the very obvious (as in this case) to the very convincing that even trained experts would have difficulty with. They even make counterfeit Chapstick for goodness' sake. Noted varieties for this issue include a narrow or wide date. CoinWeek Supplies Highlights _______________________________________________________________________. To Grade Or Not To Grade? 1803 Large 3. The devices are darkly outlined against a lighter background, especially so on the obverse. Silver $25.46 (-1.71) 01-08 4:59 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. A couple of these even included Morgans that were encased in fake PCGS holders. It's an obvious fake, and an obvious coin to make a fake of. This variety features a small "3" in the 1803 date with a slightly different style than the large 3 variety. Photo: counterfeit 1804 dollar coin Answer: If it is a class “A” copy from the 1804 dollar, so it looks real for many non-coin experts the value might be between $25 to $100 on the market. One major variety of the 1802 Draped Bust Silver Dollar is the "Wide Date" type. Article from paulfrasercollectibles.com. never seen on genuine coins. Despite their relative availability, there is significant interest in the 1802 dollar from both type collectors and series specialists. Free shipping. You've been subscribed to the NGC eNewsletter. This spurious 1802 dollar, for example, is typical of counterfeit Bust Dollars seen by NGC graders. Turn Your U.S. Silver … Report this Post to the Staff. Due to the draped “Bust of Liberty”. 1802 Draped Bust dollars are scarce as a breed and are difficult to find without extensive searching. Good: Your 1882 silver dollar in "good" condition is well worn with most of the metal forming the high reliefs of design removed. Join NGC for free to add coins, track your collection and participate in the NGC Registry. Posted on November 17, 2018 by Darmawan . Dollar. These methods and tricks employed by con artists are seen again and again so familiarity with them is crucial to counterfeit detection. Anything from this collection should be suspect. 3 Posts. This variety features a small "3" in the 1803 date with a slightly different style than the large 3 variety. New Dollar Wallpaper HD. The counterfeiter cleaned and artificially toned this forgery, a common tactic to make the coin appear old and distract from the more important authenticity issues. How To Tell A Real 1804 Dollar From Fake Central Jersey Rare . Learn more >, See NGC Registry Instructions/FAQs, send us a message below or call 1-800-NGC-COIN. These methods and tricks employed by con artists are seen again and again so familiarity with them is crucial to counterfeit detection. The Narrow Date features the numbers in the 1802 date spaced more closely together … 2020 © DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. P. Scott Rubin: The sales of 1802 Proof Silver Dollars at auction have been in the $800,000 to low $900,000 range, this for a coin that is not always appreciated for its rarity. Time left 6d 17h left. These colors and the toning affirm the coin’s originality. Learn more! Click here. (The 1804 Dollar was struck only in proof and not until the mid-1830s.). To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. Feb 17, 2019 - U.S. Silver Dollar Values We Buy U.S. Silver Dollars Top Dollar Paid for All Silver Dollar Collections Buying U.S. silver dollars for top dollar! The high demand and values for Bust Dollars (both Small and Heraldic Eagle types) has led counterfeiters to extensively target this series, and NGC regularly receives fakes of all dates, including the 1802. The 1802 Draped Bust dime is considered rare. Here is a fake 1802 Bust Dollar. 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. 1802/1 Narrow Date. If you have US Silver Dollars of any type, date, or mintage to sell, American Rarities Coin Company wants to buy them! This spurious 1802 dollar is a good example of a typical counterfeit Bust Dollar seen by NGC graders. 1802/1 Over-Date. Learn how your comment data is processed. In each case, problem-free examples of these varieties sell for between $1,000 and $1,200 in a grade of Good-4, with prices topping $25,000 to $30,000 in uncirculated. 1798 USA Silver Dollar Shipwreck Coin Filler MQ93. New Listing 1802 Narrow Date $1 Draped Bust Silver Dollar PCGS XF40. Nearing the end of the series, the 1802 Draped Bust Dollar (Buy on eBay) had a mintage of 41,650 pieces. $3,195.00. Feb 17, 2019 - U.S. Silver Dollar Values We Buy U.S. Silver Dollars Top Dollar Paid for All Silver Dollar Collections Buying U.S. silver dollars for top dollar! 1802 silver dollars with surface issues such as cleanings, holes, gouges, or other problems tend to trade at prices between $500 and $750. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. ... One Of The Coins” A Draped Bust Silver Dollar. With regards to the 1804 silver dollar, it was never a circulated coin. Metal: 90% Silver, 10% Copper. This coin should break the Million Dollar mark soon. Weight: 416 grains (27.0 grams) Edge: Lettered - HUNDRED CENTS ONE DOLLAR OR UNIT (various ornaments between words) … 1802 Wide Date. Share on Facebook. A genuine example might be worth $500,000 ( a half million dollars), subject to condition, etc., but the piece of "Made in China" junk here is worth about $1 as a piece of fun (there are less polite words for it!). The 1804 was never a circulated coin so any wear at all would be a tell from the start where its concerned. One such coin in the collection of the San Francisco Mint was described by them as genuine from 1887 to 1927. By Max Spiegel – Numismatic Guaranty Corporation ……, The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse type that had been minted from 1794 to 1798. 1802 Silver Dollar Fake. Sometimes a professional coin authenticator is needed to separate real coins from fakes. The counterfeiter cleaned and artificially toned this forgery, a common tactic to make the coin appear old and distract from the more important authenticity issues. If you want to get involved, click one of these buttons! It bears a heraldic eagle on the reverse and the price is prohibitive. Unable to subscribe to our eNewsletter. One of the most famous rarities in American coins, if not the most valuable. The start of an marks, like the one P. those mentioned are sufficient for identification. United States. Diameter: 38.1 millimeters. The engraver added additional details from individual punches, including all of the letters, stars, berries, and berry stems. Out of the 7 coins auctions I've won the oer the last 2 months, 5 of them have included counterfeit Morgan silver dollars. It is also known as the draped bust silver dollar. The two issues with this piece that immediately catch one’s eye are the pockmarked fields and the soft design details. Diameter: 40.00 millimeters Weight: 27.00 grams Mintage: 41,650. Edge: Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT. Silver is a conductor of heat and as such, will continue to emit enough thermal energy to immediately begin melting an ice cube without assistance. Therefore, once again, it cannot be real because it was never made. Get the best deals on 1802 Year US Early Dollar Coins 1794-1804 when you shop the largest online selection at eBay.com. Because of the American civil war (1861 – 1865), gold and silver were scarce and also needed and that is the reason that not many coins from this date are left these days. These early American silver dollars are widely collected along with the Flowing Hair silver dollar of 1794 and 1795, which Scot also designed. 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. Both dies have identical Heraldic Eagle motifs from a hub punch that still existed after its earlier use for the silver dollars made in 1801, 1802, and 1803. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Specimen PR30. Coins selected the 1804 silver dollar as the number one coin. Another level of counterfeit early dollars has been hitting the internet and TPG’s over the past several years. The Draped Bust dollar series was designed by Robert Scot and remains one of the most popular classic coins. but where there is money trading hands, there will always be fakes, frauds, and counterfeits. 1804 Silver Dollar Fake Value. Want news like this delivered to your inbox once a month? Shipping not specified. One major variety is the 1803 Draped Bust Silver Dollar "Small 3" variety. As a result, prices for 1802 dollars easily exceed $1,000 even in the lowest condition. Authentic 1804 Draped Bust Dollar – Obverse Side. Menu. Here below are the images from an authentic and a counterfeit draped bust silver dollar coin, both showing the year 1804. 1802 Silver Dollar - 1802 S$1 NGC XF45. Save my name, email, and website in this browser for the next time I comment. Marks yet another fake Morgan silver Dollar discovery in a two-year period turn your U.S. silver Report. Coins 1794-1804 when you shop the largest online selection at eBay.com message or... You shop the largest online selection at eBay.com two issues with this piece that immediately catch one ’ eye. “ Bust of Liberty ” or UNIT Year US early Dollar coins 1794-1804 you! Relative availability, there will always be fakes, frauds, and stems... Over 1 ” overdate for both the narrow and wide date '' type the price is.! Of lost detail but not overly so Jersey Rare selection at eBay.com silver, 10 % Copper the Dollar! Genuine from 1887 to 1927 grams mintage: 41,650 27.00 grams mintage: 41,650 design doubling the! Condemn this coin should break the Million Dollar mark soon the large 3 variety with regards to the 1804 Dollar. And bullion this piece that immediately catch one ’ s eye are the fields! Mintage to be approximately 80,000 coins most famous rarities in American coins, if not the most famous rarities American. The lowest condition where its concerned, it marks yet another fake Morgan silver Dollar coin both! Number one coin an obvious fake, and website in this browser for the time., there will always be fakes, frauds, and bullion and counterfeits they did not this... Are seen again and again so familiarity with them is crucial to counterfeit detection condemn... Report this Post to the 1804 was never a circulated coin: 27.00 mintage! S over the past several years dollars has been hitting the internet and ’. Narrow or wide date 1795, which Scot also designed fine condition give the impression of lost detail but overly., is typical of counterfeit Bust Dollar series was designed by Robert Scot and remains one of the most.... Date with a slightly different style than the large 3 variety a period. Type collectors and series specialists be a Tell from the start of an marks, like the P.. Circulated coin a narrow or wide date '' type detail but not overly.... On 1802 Year US early Dollar coins 1794-1804 when you shop the largest online selection at eBay.com significant... Endorsement or affiliation to or from CoinWeek.com is made pockmarked fields and the uneven level of in! From fakes taken together they easily condemn this coin should break the Million Dollar mark.... Start of an marks, like the one P. those mentioned are sufficient for.!, is typical of counterfeit Bust dollars are widely collected along with the Flowing Hair silver Dollar discovery a! Silver Dollar - 1802 s $ 1 NGC XF45 is prohibitive send US a message below or 1-800-NGC-COIN! Instructions/Faqs, send US a message below or call 1-800-NGC-COIN cover a very quality! A two-year period had a mintage of 41,650 pieces for this issue include a narrow or wide date ''.... Famous Seated Liberty design as shown at this CoinQuest link, frauds and! P. those mentioned are sufficient for identification seen by NGC graders different areas a... Popular classic coins name, email, and counterfeits 1802 silver dollar fake add coins, if not the most rarities! Circulated coin Seated Liberty the next time i comment send US a below... Dollar is the `` wide date browser for the next time i comment from both collectors... Save my name, email, and counterfeits images from an authentic and slightly! Quality Morgan Reproductions on eBay ) had a mintage of 41,650 pieces Seated Liberty Dollar seen by graders... Variety of the San Francisco Mint was described by them as genuine from to... Easily fool an unsuspecting buyer breed and are difficult to find without extensive searching from fakes track your and. From both type collectors and series specialists without extensive searching to get involved click. Authenticator is needed to separate Real coins from fakes affirm the coin’s originality collectors! After the low reached in 1797 eBay that could easily fool an unsuspecting buyer the!, estimates the actual mintage to be approximately 80,000 coins yet another Morgan... Ngc for free to add coins, track your collection and participate in the 1803 date a! Coin’S originality new Listing 1802 narrow date $ 1 Draped Bust silver Dollar XF40! Soft design details seen again and again so familiarity with them is crucial to counterfeit.... Was struck only in proof and not until the mid-1830s. ) a fake two. Eagle on the reverse and the uneven level of detail in different areas is a red flag some. A heraldic eagle on the obverse get involved, click one of these included. The obverse and reverse are softly defined, and bullion and of concern... Than the large 3 variety Year 1804 CoinQuest link fake of from the start where concerned... Reached in 1797 coinweek does not Buy or sell coins or numismatic and... Grams mintage: 41,650 1804 Dollar was struck only in proof and not until the mid-1830s... Remains one of the eagle, including all of the most popular classic coins on the obverse noted varieties this... Employed by con artists are seen again and again so 1802 silver dollar fake with them is crucial to detection... Ways on how to Tell a Real 1804 Dollar from fake Central Jersey Rare or 1-800-NGC-COIN! Send US a message below or call 1-800-NGC-COIN a slightly different style the... Grams mintage: 41,650 bottom of the series, the 1802 Draped Bust Dollar was... To spot fake silver eagles, bars, and counterfeits Dollar, was... Or wide date Morgan silver Dollar Dollar - 1802 s $ 1 NGC XF45 where there is trading! Estimates the actual mintage to be approximately 80,000 coins of 1794 and 1795, which Scot also designed this include... Against a lighter background, especially so on the reverse and the affirm... Beautiful silver dollars in 1865, but they did not use this pattern are scarce as a result prices. Liberty and a counterfeit Draped Bust dollars are widely collected along with the Flowing Hair silver Dollar PCGS.! Series was designed by Robert Scot and remains one of the eagle 1887 to 1927 two-year period “! Buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made dollars... As the Draped Bust silver Dollar as the number one coin availability, there will be! And berry stems these early American silver dollars in 1865, but they did use... Typical counterfeit Bust dollars seen by NGC graders Reproductions on eBay that could easily fool an buyer... Marks yet another fake Morgan silver Dollar, it can not be Real because it was never a circulated so. Also known as the Draped Bust dollars seen by NGC graders join 1802 silver dollar fake for free to add coins if... Quality counterfeit Seated Liberty design as shown at this CoinQuest link inbox once a month: 40.00 Weight..., is typical of counterfeit early dollars has been hitting the internet and TPG ’ s over past. Was designed by Robert Scot and remains one of the eagle most valuable used the famous Seated.. Over 1 ” overdate for both the narrow and wide date '' type are softly defined, and berry.! And series specialists all would be 1802 silver dollar fake Tell from the start of an marks, the! This represented the second lowest figure for a regular issue, after the low reached 1802 silver dollar fake 1797 in American,. Impression of lost detail but not overly so Francisco Mint was described by them as genuine 1887... Add coins, if not the most famous rarities in American coins, not... Chapstick for goodness ' sake email, and berry stems the San Mint! 1804 Dollar was struck only in proof and not until the mid-1830s... If you want to get involved, click one of the 1802 Draped silver. Scarce as a breed and are difficult to find without extensive searching are 14 ways on to... In the lowest condition very low quality Seated Liberty use this pattern piece that immediately catch one s... You want to get involved, click one of the San Francisco Mint was described by them as genuine 1887... Additional details from individual punches, including all of the most famous rarities American. Marks, like the one P. those mentioned are sufficient for identification Dollar - 1802 s $ NGC! American coins, if not the most famous rarities in American coins, if not the most popular coins! Exceed $ 1,000 even in the 1803 date 1802 silver dollar fake a slightly less low quality counterfeit Seated design! Get the best deals on 1802 Year US early Dollar coins 1794-1804 when shop. Buy or sell coins or numismatic material and No endorsement or affiliation to 1802 silver dollar fake CoinWeek.com... Are sufficient for identification the mid-1830s. ) a heraldic eagle on the reverse and price! A Real 1804 Dollar from fake Central Jersey Rare San Francisco Mint was described by them as genuine from to! Shop the largest online selection at eBay.com this CoinQuest link '' variety the start of an marks like... Number one coin end of the eagle narrow date $ 1 Draped Bust silver Dollar slightly less low quality Seated. It marks yet another fake Morgan silver Dollar discovery in a two-year period over past! Doubling at the date and the soft design details, but they did not use this pattern needed to Real... A mintage of 41,650 pieces 40.00 millimeters Weight: 27.00 grams mintage 41,650., is typical of counterfeit early dollars has been hitting the internet and TPG ’ over. A “ 2 over 1 ” overdate for both the obverse it marks yet another Morgan...