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What caused the reeding on the edge of this Trade $ or is it just another fake?

TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭
edited December 24, 2016 5:05PM in U.S. Coin Forum

This coin was recently sold on EBay and is most likely just another fake, but if not what could have caused this?

Trade $'s

Comments

  • CaptHenwayCaptHenway Posts: 32,694 ✭✭✭✭✭

    Since the coin appears to be a Mexican 8 Reales, that would be appropriate.

    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.
  • TLeverageTLeverage Posts: 259 ✭✭✭

    I recalled seeing this example for sale, but did not contact the seller regarding it because the substantial number of chopmarks had caused significant loss of detail. For the curious, I have included the other two images the seller posted in the listing. He likely just mixed up his own images; the reverse is, as others have stated, that of an 8 Reales.

  • AUandAGAUandAG Posts: 24,929 ✭✭✭✭✭

    I don't believe that 1876 is authentic....

    bob

    Registry: CC lowballs (boblindstrom), bobinvegas1989@yahoo.com
  • TLeverageTLeverage Posts: 259 ✭✭✭

    I agree, and apparently the majority of the eBay bidders did as well. It ended at $61.00. Several details, including the shape of the eight in the date as well as the eagle's claw indicate a forgery.

  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭

    The trade dollar looks authentic. The edge picture is a different coin as stated above, a Mexican Cap and Rays 8 reales. It got me for a second too.

  • rickoricko Posts: 98,724 ✭✭✭✭✭

    I believe the Trade Dollar is a fake, with excessive chops added to conceal it...... Cheers, RickO

  • gripgrip Posts: 9,962 ✭✭✭✭✭

    Look at the rim on the trade. Cast copy?

  • MilkmanDanMilkmanDan Posts: 3,761 ✭✭✭✭✭

    The coin was pounded while sitting on a rough surface. I'm not saying it's 100% real but I don't see anything to tell me otherwise. This reciprocal damage is not uncommon with chopped trade dollars, in fact I'm surprised that more of them don't show it. It does seem that some merchants chopped their coins on soft underlying surfaces, unlike with this one.

  • BillJonesBillJones Posts: 34,758 ✭✭✭✭✭

    Scratches and chop marks can cover a lot of sins. In this case the chops are probably hiding this item's true origins.

    Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. In recent years I have been working on a set of British coins - at least one coin from each king or queen who issued pieces that are collectible. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ... ?
  • tradedollarnuttradedollarnut Posts: 20,198 ✭✭✭✭✭

    @BillJones said:
    Scratches and chop marks can cover a lot of sins. In this case the chops are probably hiding this item's true origins.

    Doubtful. The chops are real so unless the coin was cast with the chops already on it then the coin is real as well. So while it's possible the coin is a fake, the chops are hiding nothing.

  • TennesseeDaveTennesseeDave Posts: 4,809 ✭✭✭✭✭

    @OriginalDan said:
    The trade dollar looks authentic. The edge picture is a different coin as stated above, a Mexican Cap and Rays 8 reales. It got me for a second too.

    I did not notice that the reverse seen in the edge picture is not that of a Trade $, That's why I questioned the authenticity. I would now say the Trade $ pictured is authentic. Thanks for the comments, especially pointing out what coin the edge picture is of.

    Trade $'s

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