1798 Silver dollar ... Fake or Real
grover1
Posts: 57
Hi,
I was bidding this up until today when somebody emailed me and said this coin which I will link you to is a fake....I've done a boat load of research and to me it all checks out....you more experienced collectors might catch something that I missed but as far as I can tell this is a high 8 with 13 stars. I sure would appreciate somebody taking a look at this coin before I continue my bidding.
1798 silver dollar
then here is what I know is a fake that I did not catch before I bid on it and that is a 1796 silver dollar that you would think was the real McCoy until you look at the reverse....the 1796 came with a small eagle on the reverse...the heraldic eagle did not start until 1798 and here is the link to check that one out
1796 silver dollar
Can you folks take a look at the 1798 for me and let me know your opinions..the email claimed that the date and lettering isn't right but everything I've found so far about the coins says its real....coin prices magazine shows 8 variations of this coin for that year so maybe the person who emailed me didn't have all the facts needed.
Thanks again for your time
Matt
I was bidding this up until today when somebody emailed me and said this coin which I will link you to is a fake....I've done a boat load of research and to me it all checks out....you more experienced collectors might catch something that I missed but as far as I can tell this is a high 8 with 13 stars. I sure would appreciate somebody taking a look at this coin before I continue my bidding.
1798 silver dollar
then here is what I know is a fake that I did not catch before I bid on it and that is a 1796 silver dollar that you would think was the real McCoy until you look at the reverse....the 1796 came with a small eagle on the reverse...the heraldic eagle did not start until 1798 and here is the link to check that one out
1796 silver dollar
Can you folks take a look at the 1798 for me and let me know your opinions..the email claimed that the date and lettering isn't right but everything I've found so far about the coins says its real....coin prices magazine shows 8 variations of this coin for that year so maybe the person who emailed me didn't have all the facts needed.
Thanks again for your time
Matt
0
Comments
Liberty: Parent of Science & Industry
matt
these fake bust dollars are all over ebay, my advice is do not bid on one unless it is certified by Pcgs, NGC, or ANACS, and in any event, learn a LOT more about these before shopping for one.
there are some excellent websites, notably one by Cardinal, that I'm sure someone will link for you tomorrow.
Liberty: Parent of Science & Industry
Not only are the coins you linked to counterfeit, but they aren't even good counterfeits. Typical, obvious crap. And every day of every week of every month, people buy this stuff as real, and end up flushing hundreds (or even thousands) of dollars down the toilet. It's pathetic, and it's sad.
<< <i>I've done a boat load of research and to me it all checks out... >>
Then maybe you should educate yourself more. I'm not saying this to be snotty, really. I just think you'll be happier if you don't throw your money away. Maybe you should stick to coins in PCGS, NGC, or ANACS holders if you must bid on Bust dollars before you get up the learning curve. Sometimes you have to look at a few authentic examples first. We all have to learn one way or another. And with the Bust dollars, like the gold, there are not only crappy copies out there, but some damn good sneaky, dangerous ones, too. Like the 1799 die-struck counterfeit dollars with the broken "R" in in LIBERTY. Those would fool most experienced numismatists who didn't know better.
Oh, BTW, welcome to the forums, Matt. There is a lot of knowledge here and you did the right thing by asking about those. Stick around a while!
Thanks again
Matt
K S
Glad to have you aboard. The folks here'll keep you straight.
May rabid gerbils nibble on their toes..
The people who made that image don't seem to know either. The title has both "hampster" (sic) and "gerbil" in it.
Whatever it is, it's a big dang varmint. No wonder that unlucky tourist guy bit the dust on 9-11.
<< <i>No wonder that unlucky tourist guy bit the dust on 9-11. >>
Actually, he survived. Different building. That giant mutant rodent in the picture swatted away the plane that was about to hit him.
The above image was shot just prior to the rodent's arrival on the scene.
Russ, NCNE
Judging from what I've read about you in this thread, I think you should restrict your buying of rare coins in a big way. First, you should not venture into the wild, wild west of numismatics so poorly educated (numismatically-speaking).
IMO, you should stick with slabbed coins by PCGS, NGC or ANACS because those three services offer a warranty. You should go to their web sites and find out for yourself the terms of the warranty. In any case, sticking with REPUTABLE slabs is also laden with dangers, but at least you get some financial protection.
Second, you should inquire as to which are the trustworthy dealers that serve the marget segment that fits your collecting interests and budget. Stick with those dealers.
EVP
How does one get a hater to stop hating?
I can be reached at evillageprowler@gmail.com
Here's another auction where you can buy a full date run of 1796-1804 dollars with one winning bid:
THESE COINS ARE A FEW PIECES AMONGST A BAG OF COINS PASSED DOWN OVER THE GENERATIONS. WEATHER THESE COINS ARE VALUABLE I DONT KNOW. WEATHER THEY ARE REAL OR GENUINE, I DONT KNOW THAT EITHER. THEY HAS NEVER BEEN SUBMITTED FOR ANY FORM OF GRADING OR AUTHENTICATING. SINCE THESE COINS HAVE NEVER BEEN SUBMITTED, I CANNOT TELL U IF THEY ARE AUTHENTIC OR THE ESTIMATED VALUE. NOR DO I WANT TO TAKE THE TIME AND TROUBLE OF AUTHENTICATING AND A POSSIBLE LIVE AUCTION. THESE COINS ARE OLD JUDGING BY THE WEAR. (JUST LOOK AT THE PHOTOS)THESE COINS HAVE NOT BEEN CLEANED BY ME OR TO MY KNOWLEDGE. I'LL START THE BIDDING AT $500 FOR ALL 9 OF THESE COINS. ANY QUESTIONS THAT YOU MAY HAVE ABOUT THESE COINS BEFORE BIDDING, PLEASE FEEL FREE TO ASK.
The sellers of these things always claim they don't "know" whether they are real or not, that they haven't submitted them for authentication, and that they don't want to take the "time" to have them authenticated and submitted for a live auction. Well, I don't know how much "time" they would really need -- all they would have to do is look at the many other identical fake bust dollars being sold on EBay to know that their item is a fake. (Hmmm....1796-1804 Heraldic Eagle dollars, all using the EXACT same reverse as an 1796 dollar never that was never made for circulation with the Heraldic Eagle reverse?)Besides, with the rarity of bust dollars, a genuine coin would be worth the time and expense of professional grading.
In my opinion, these sellers already know full well that these are fakes and just figure they will sell better with the story (passed down for generations, from an old Indian, from an old estate) and the mystique (maybe it just might be real). I am glad that someone alerted you to the true status of these before it was too late.
Here is what a genuine 1798 High 8 bust dollar looks like:
And here's a link to my website with lots of free information (and LOTS of pictures) of genuine bust dollars.
Welcome to the Boards, and Happy Collecting!
--Cardinal