Value of Excellent 1795 Draped Bust Counterfeit Dollar?

Dismeguy

Need help from forum members.

During my travels in Shanghai, I frequent a local bourse floor within the city. I've located an outstanding 1795 bust dollar counterfeit. This is not your run of the mill cast special. Rather it is an excellent counterfeit grading about EF45 with nice toning medium gray/blue toning. No signs of surface bubbles from being cast, doubt that it is cast. The edge is lettered. However, the weight is obvious too light. What would be a fair price for a quality counterfeit as a collector item? The chinese dealer is firm on his price and I have passed twice until I have an understanding of its collector value. My guess would be $30 but would like to hear what forum members think. Wish I had a pic to support the question.

I'm a specialist on seated dimes, but not early bust dollars!

Thanks

ER

One dollar.
Buy it as a reference.

sinin1

I have seen very nice ones with lettered edge going for over $500

Dismeguy

ER, I can buy the cast specials for $0.80 all the time in the YuYuan markets. This example is deceptive with realistic edge lettering.

ER

Well, different people will decide how much they want to pay for certain thing.

EagleEye

I think $30 would be fair. It not enough to feel cheated over, thats for sure.

Here's a well known counterfeit that was in a Indiana Auction

Link to auction - click on the PHOTO GALLERY

I alerted them (based on the image), as did Larry Briggs (who was there). Anyway they told the bidders it was deemed counterfeit, and let it sell anyway, and it went for over $1,200! Go figure!

Interesting thing about the 1899 piece is the lettered edge was put on after the coin was struck so it has a raised rim! If you know that the edge was put on first then struck, you'd spot this baby in an instant. Of course if it were a reeded edge like so many China specials, it would be even easier to spot as fake.

From the picture you can spot a diagnostic break in the R in LIBERTY - It's in all the counterfeit detection guides.

Nysoto

Some deceptive ones go for more bogus 1795
read this guy's feedback.