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Help with Jefferson $1 Prototype? Fantasy?

From a local bank teller, came in with group of 35 mixed SBA, Sac & Pres dollars. There were 2 of these included. The edge is plain. I'm guessing it's some kind of fantasy, she's hoping it's a million (x2). With so few of these circulating did someone just make a counterfeit? Notice the $ sign isn't complete.

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Comments

  • tincuptincup Posts: 5,298 ✭✭✭✭✭

    I would say fantasy; perhaps the '$' sign is not complete intentionally so that they would not run afoul of counterfeiting laws, etc. S1 is not stating any value what soever... but sure forms the image in ones mind that it is money.

    That is just my opinion... but I have no specific knowledge of this item, so who knows?? I would sure continue investigating. I have not see any like this either.

    ----- kj
  • FredWeinbergFredWeinberg Posts: 5,900 ✭✭✭✭✭

    Daniel Carr issue - see the initials?

    (rev, lower left side)

    Retired Collector & Dealer in Major Mint Error Coins & Currency since the 1960's.Co-Author of Whitman's "100 Greatest U.S. Mint Error Coins", and the Error Coin Encyclopedia, Vols., III & IV. Retired Authenticator for Major Mint Errors for PCGS. A 50+ Year PNG Member.A full-time numismatist since 1972, retired in 2022.
  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I have not seen this item on any internet site before... I will do a search and see if I can find anymore. Cheers, RickO

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I just used an image search site (TinEye) and it found zero matches on the internet. Cheers, RickO

  • WeissWeiss Posts: 9,942 ✭✭✭✭✭

    Kind of looks like the counterfeit DCARR pieces that showed up a few years ago.

    We are like children who look at print and see a serpent in the last letter but one, and a sword in the last.
    --Severian the Lame
  • JazzmanJABJazzmanJAB Posts: 1,027 ✭✭✭✭
    edited August 22, 2018 7:17AM

    It is Daniel Carr Prototype Fantasy. I recognized it right away.
    Look here. http://www.dc-coin.com/conceptpresidentdollars.aspx

  • RINATIONALSRINATIONALS Posts: 171 ✭✭✭

    Thanks everyone, especially Jazzman for the link. These must have been from the HSN set mentioned as they certainly aren't proof or silver. Maybe the original owner liked Jefferson and carried as a pocket pieces as they're in EF/AU condition. I'll be giving her a nice Buffalo for her son to soften the blow of not winning the million $ coin lottery

    buying Rhode Island Nationals please email, PM or call 401-295-3000
  • JBKJBK Posts: 16,153 ✭✭✭✭✭
    edited August 22, 2018 8:28AM

    @dcarr might find that interesting. So his coins do circulate... :p

  • ZoinsZoins Posts: 34,401 ✭✭✭✭✭
    edited August 22, 2018 8:30AM

    I also recognized Dan's piece right away. It's nice that he has them documented.

  • JBKJBK Posts: 16,153 ✭✭✭✭✭

    I might be wrong, but I think these early ones were not struck over actual coins, hence the S1 (rather than $1) denomination.

  • RogerBRogerB Posts: 8,852 ✭✭✭✭✭

    Ugly thing....guess it needs a home.

  • CaptHenwayCaptHenway Posts: 32,558 ✭✭✭✭✭

    Just sitting here minding my own business.

    Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Winner numerous NLG Literary Awards.
  • Batman23Batman23 Posts: 4,999 ✭✭✭✭✭

    Interesting. You have cornered the market now holding 4% of the total mintage. Looks a lot different now circulated. I wonder how these ended up "missing" from a collection.

  • Namvet69Namvet69 Posts: 9,205 ✭✭✭✭✭

    Okay so you have a half ounce of silver. Peace Roy

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  • dcarrdcarr Posts: 8,923 ✭✭✭✭✭

    At one time I sold a bulk lot of several of these "Presidential Preview Medallions" and all of the ones in that lot were artificially "circulated" by myself. I can not tell for sure if this is one of those, or if it became worn from natural handling by someone else. But I suspect it is probably not one that I wore down myself because those generally have more wear than what is seen on the item posted in this thread.

    The original mintage consisted of 32 different types:
    Washington | Adams | Jefferson | Madison
    Eagle Head Reverse | Statue of Liberty Reverse
    Satin | Proof-like
    Brass | Silver

    All the possible permutations of the above nets 32 variations.
    In addition, as previously mentioned, a relatively small quantity of the above pieces were given a post-strike worn (circulated) finish.

    The piece shown above appears to have started out as satin-finish brass (the silver ones were edge-marked as such).
    The mintage of the satin brass pieces was pretty high (about 10,000 for this particular one). Individually the satin brass UNC pieces sell for about $5 to $10. I have seen the circulated ones sell for more than that.

    Here is some more info:

    Mintage statistics (scroll down to near the bottom of the page): moonlightmint.com/dc-coin_dollars_list.htm

    A short write up on how (and why) these came to be: designscomputed.com/coins/pres_2007.html

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