Gold & Silver Forum (http://goldismoney.info/forums/index.php)
- Gold - Silver - Coins - Numismatics (http://goldismoney.info/forums/forumdisplay.php?f=51)
- - Is this coin real? (http://goldismoney.info/forums/showthread.php?t=377735)

SilverBullie | 05-25-2009 12:26 PM
Is this coin real? I know if it is one of you will outbid me but I figured I'd ask rather then getting ripped off. http://cgi.ebay.com/1804-Silver-Libe...3%3A2|294%3A50 I really like this coin, but have no idea if it's real or not.

Professur | 05-25-2009 12:28 PM
Re: Is this coin real? Way to low a feedback to draw a bid from me. Looks nice, tho. Good luck

SilverBullie | 05-25-2009 12:34 PM
Re: Is this coin real? thats what makes it a good catch, maybe the ebayer has no idea what he has.

SilverBullie | 05-25-2009 12:35 PM
Re: Is this coin real? the nose kinda makes it look fake to me. I thought the nose wasn't as pointy.

EE_ | 05-25-2009 12:37 PM
Re: Is this coin real? Phony! The 1804 silver dollar is one of the rarest and most famous coins in the world. Its creation was the result of a simple bookkeeping error, but its status as the king of coins has been established for nearly a century and a half. The silver dollars reported by the mint as being struck in 1804 were actually dated 1803 (die steel being very expensive in the early 1800s, dies were used until they were no longer in working condition. This is why many early US coins exhibit all kinds of die cracks, occlusions, cuds, clash marks, and other late state die wear. Dies were used until they literally fell apart. Nearly every coin the US struck from 1793 to 1825 has an example that was struck in a year other than that which it bears.) No dollars bearing the date 1804 were ever struck in 1804, though this was unknown to mint officials at the time the 1804 dollar came to be. The 1804 silver dollar was actually produced in 1834, when the U.S. Department of State decided to produce a set of U.S. coins to be used as gifts to rulers in Asia in exchange for trade advantages. Since 1804 was the last recorded year of mintage for both the dollar and $10 Eagle, it was decided that the set would contain examples of those coins dated 1804, as well as the other denominations currently being produced. Mint officials, not realizing that the 19,000+ dollars recorded as being produced in 1804 were all dated 1803, proceeded to make new dies dated 1804. Little did they know the stunning rarity they were creating. Only 15 silver dollars with the date of 1804 are known to exist; in 1999, one of them sold at auction for more than $4 million. There are 8 Class I dollars, struck in 1834 for the aforementioned sets, 1 Class II dollar, struck over an 1857 Swiss Shooting Thaler (and now residing in the US Coin Collection at the Smithsonian Institution), and 6 Class III dollars, struck surreptitiously sometime between 1858 and 1860 to meet collector demand for the coin. http://www.pacificrarities.com/1804%...%20obverse.jpg

Silver_Surfer | 05-25-2009 12:51 PM
Re: Is this coin real? Quote:
Originally Posted by EE_ (Post 1737668) Phony! The 1804 silver dollar is one of the rarest and most famous coins in the world. Its creation was the result of a simple bookkeeping error, but its status as the king of coins has been established for nearly a century and a half. The silver dollars reported by the mint as being struck in 1804 were actually dated 1803 (die steel being very expensive in the early 1800s, dies were used until they were no longer in working condition. This is why many early US coins exhibit all kinds of die cracks, occlusions, cuds, clash marks, and other late state die wear. Dies were used until they literally fell apart. Nearly every coin the US struck from 1793 to 1825 has an example that was struck in a year other than that which it bears.) No dollars bearing the date 1804 were ever struck in 1804, though this was unknown to mint officials at the time the 1804 dollar came to be. The 1804 silver dollar was actually produced in 1834, when the U.S. Department of State decided to produce a set of U.S. coins to be used as gifts to rulers in Asia in exchange for trade advantages. Since 1804 was the last recorded year of mintage for both the dollar and $10 Eagle, it was decided that the set would contain examples of those coins dated 1804, as well as the other denominations currently being produced. Mint officials, not realizing that the 19,000+ dollars recorded as being produced in 1804 were all dated 1803, proceeded to make new dies dated 1804. Little did they know the stunning rarity they were creating. Only 15 silver dollars with the date of 1804 are known to exist; in 1999, one of them sold at auction for more than $4 million. There are 8 Class I dollars, struck in 1834 for the aforementioned sets, 1 Class II dollar, struck over an 1857 Swiss Shooting Thaler (and now residing in the US Coin Collection at the Smithsonian Institution), and 6 Class III dollars, struck surreptitiously sometime between 1858 and 1860 to meet collector demand for the coin. http://www.pacificrarities.com/1804%...%20obverse.jpg
Thats interesting

SilverBullie | 05-25-2009 12:59 PM
Re: Is this coin real? lol, no wonder I was automatically drawn to it. Thanks for the info so I'm passing.

fasTTcar | 05-25-2009 01:12 PM
Re: Is this coin real? 2 Attachment(s) I have an authentic 1803 that I am considering auctioning. I have not gone through the rating agencies and trying to figure if I want to certify it or sell it raw. Attachment 71092 Attachment 71091

SilverBullie | 05-25-2009 02:47 PM
Re: Is this coin real? how much is it worth?

madfranks | 05-25-2009 05:53 PM
Re: Is this coin real? I have about six of those - they are absolutely fake!!! I tried to auction them off as known counterfeits, but ebay cancelled all of my auctions saying it was against their policies to sell fakes unless they have the "copy" stamp on them. It looks like if I would have feigned ignorance about the whole thing I could have brought in about $70 a piece! The liar selling it knows full well it is fake, he is lying, the whole auction is a scam, and the poor bastard who spent over $70 on it is in for a bad day when it arrives in the mail. They are too thin, they are too light, they sound nothing like silver.

HistoryStudent | 05-25-2009 06:33 PM
Re: Is this coin real? Sadly, "there's a SUCKER born every minute." P.T. Barnham - and one that thinks he's getting a deal and gets the "STING" instead. Like the movie! :36_1_30::23_30_104::111::thumb.aspx:

horseshoe3 | 05-26-2009 04:19 PM
Re: Is this coin real? Interesting. So even the "real" ones are fakes. There's a reason I just stick with bullion and very low priced numismatics.

11S11ver | 05-26-2009 04:34 PM
Re: Is this coin real? Considering there are only 8 of these in existence, I'd say it's fake. Unless the Smithsonian has reported one missing... http://www.silver-coins.org/1804_dra...st_dollar.html

All times are GMT -4. The time now is 04:05 PM. |

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2010, Jelsoft Enterprises Ltd.
Copyright = None use it and Link to GIM