And this one sports a realistic-looking die break. Martin Kurtz New Member. 2023 Liberty Coin & Currency "Liberty Coin and "Liberty Coin & Currency" are trademarks of Liberty Coin, LLC (Signal Hill, California), and are used under license. If you see a similar coin with this date it is always a fake since there were no real trade dollars minted in the year 1799. Use an extremely strong magnet to see if the coin is attracted to it. Please Grade This 1799 Liberty Coin - Coin Community Forum This page may contain links that result in small commissions to keep this free site up and running. The internet listing was removed as a counterfeit. You should first begin by having an authentic coin at the ready, as this will make it much easier to determine any discrepancies between the coin you are assessing and one that is known to be authentic. The Lucky Penny Website says that Ally . Hi to all. These are sellers who solely sell minted, certified and .999 fine items of gold and silver. In-depth overview of the 1799 Draped Bust Large Cent, including its key features, value and how to appropriately judge the coins condition. Very Worn 1998 50 Pence - What Caused It? I am curious about what happened with the op coin? 16 watching. Producers tend to make these coin dies by using a number of different methods: the spark erosion method, wherein electromagnetic sparks are used to erode a piece of metal into a specific shape; they might engrave the individual coin faces by hand, manually carving the specific molds before striking their coin; an engraving lathe might be used, which will use a computational software connected to a machine that will create a coin mold using a metal lathe; or they might use the electroless plating method, also known as conversion coating, where the planchet will be submerged into an aqueous solution with deposited nickel, using a catalytic reduction process to create the mold solely through a chemical process. Want more info? If you do what you always did, you get what you always got. Also, click here to Learn About Grading Coins. A dirty gray brown would be expected. I am also collecting at least one coin for each Roman emperor from Julius Caesar to ? Counterfeit, or fake, coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Afterwards while rechecking the ngc website I saw that my serial numbers didnt align similarly with the barcode on the coin in the case that ngc displayed I rechecked with ngc at Whitman show and sure enough thats whats going on now. To Check Or Not To Check The PCGS Variety Attrib Box: 1837 Small Date H10c No Stars, For Sale: 1911 George V Coronation 8 Coin Silver Proof Set, For Sale: 1999 Proof & Uncirculated Susan B Anthony Lot, For Sale: 5 Sovereigns; 1907, 1908 And 1910, For Sale: UK 2020 2 Silver Proof Queen's Beasts White Horse Of Hanover 1 Oz Ag, For Sale: Die Varieties Of United States Large Cents 1840-1857, For Sale: Silver Eagles, 40% Silver Kennedy's And 50 Pence, For Sale: 2023 Tuvalu Proof Baby Rabbit Colorized Perth Mint 1/2 Oz Ag 50 Cents, For Sale: Canadian - 2007 Baby Keepsake Tins And Sterling Silver Dollar / Unbroke Set, For Sale: ATB Quarters S Mint Business Strike Complete Sets, For Sale: 2021 Fender Stratocaster Guitar Shaped Silver 1 Oz Coin Solomon Islands $2 Coin, Coin Community Selling Rules - Updated Feb 23 2023. Upon further examination no 2 stars have the same shape. If the metal prices drop you will still have a coin that a numismatic would want to buy. So, when brought into contact with a number of magnets, these metals will undergo a repellant force. Images of the 1801 compared to the 1802 (white indicates common, red non-common marks): 1801 internet example; 1802 images courtesy NGC. It is IMPOSSIBLE that these could be genuine original coins. I tried the magnet and it does go dawn slower then the other none silver coins at about a 45 degree angle. Ewww. My dad planted a rarity or two now and then for me to "find". Current silver melt value* for a 1799 Draped Bust Dollar is $19.63 and this price is based off the current silver spot price of $25.38 This value is dynamic so bookmark it and . Each coin was minted in Philadelphia. Recently purchased on e bay two uncertified 1799 silver dollars. The word genuine NEVER appears on the site. In 1791, following a study by Alexander Hamilton, Congress passed a joint resolution calling for the establishment of a national mint. If you like this article, then you might enjoy other articles in our archives, such as 5 Must Have Books For All Coin Collectors. First there's a die break to the left of the date but also in the right there appears to be clashing causing missing stars. Liberty seated silver dollars were made from the year 1836 until 1873. The lathe was the first step in automating the production of coin dies to ensure design consistencies for the entire year of production. I have a counterfeit 1795 with vampire marks!! DESIGNER: Robert Scot Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. A counterfeit coin is any coin that is made by an individual without the knowledge and consent of the issuing country or entity. One Dollar 1795, In Bad Condition. This can easily increase the value of the coin by ten fold. Tell them to check the ngc and pcgs websites for the serial numbers of encased coins. Collectors Corner | Sign in or register to get started. Compare your results to that of the genuine coin. White circles indicate common markers; note: the breaks at stars 4 and 5 are common to the genuine variety and duplicated in these two as well. How Do I Tell If a Two Headed Coin Is Genuine? Retired dealer and avid collector of U.S. type coins, 19th century presidential campaign medalets and selected medals. Surprisingly, the date is similar but different in the thickness of the numerals yet it also has a flattened first 1, and the reverse appears to match with several duplicate marks. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. Here below are the images from an authentic and a counterfeit draped bust silver dollar coin, both showing the year 1796. Can you give me more information CaptHenway? With the large collection of coins that have been produced by human beings, there have been challenges raised for both numismatists and coin collector hobbyists. Welcome to the boards and return that as quick as you can. It might be some kind of silver round. Prices listed are for MS-65 certified. Visit the link to learn more about each coin. In the case of rare, antique and valuable coins, the worth of these coins has been widely collected and studied within the. Another method of altering the coin involves removing a minor detail to make it worth more money. Left: Genuine 1799 B-10; image courtesy PCGS. I do have to apoligize for my error. Miss Liberty (not a real person) is on the obverse of the coin and assuming no mint marks retail values for circulated coins run from $38.00 to $45.00 depending on the condition of the coin. That is nowhere near the correct diameter. metals that are repelled by large magnetic fields. Liberty Coin & Currency specializes in rare coins and currency. Around The World With Coins - A Coin Geography Game. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. This is a simple slide that can be created at home by using a few magnets that are coupled together at an angle, much like the appearance of a slide. It does have some value, just not numismatic. Also check the alignment of the bar code with the serial number. The art and deception of counterfeiting coins have been around since ancient artisans first minted coins in 600BC. Michael Fahey is a senior numismatist at ANACS in Denver, Colo. Depressions, shown by arrows, appear on the counterfeit 1799 8-real coin on the M of the designers initials FM, and about ET from the reverse inscription. There is a lot of knowledge here and you did the right thing by asking about those. This process will yield a coin that will give the illusion of a rare and more expensive coin. Copyright 2005 - 2023 Coin Community Family- all rights reserved worldwide. The simplest answer is to buy from reputable sources. Cast counterfeit coins are the most easily counterfeit detective coins of all. METAL: 90% Silver, 10% Copper. Reeded Edge Defined - What is a Reeded Edge? Once he brought a phony 1849 Norris, Greg and Norris $5 to me to show me his find. During the writing of this article, we were presented yet another example in a different selling venue: an 1800-dated example from Mexico. How could the seller even expect to pass those off as genuine? It's entirely the wrong color as a coin over 200 years old would not be silver in color. So, when brought into contact with a number of magnets, these metals will undergo a repellant force. A one-of-a-kind coin struck at the United States Mint in 1794 sold at Heritage Auctions last week for $840,000significantly more than its estimate of $350,000 to $500,000.. As the Associated . They are also the top-collected date in the series, loosely tied only by the 1798 dollar, which is more or less equally encountered in the marketplace these days, even if there . Dishonest people are always developing new methods of counterfeiting coins. There are silver rounds out there with the designs of classic coins on them. @BillJones - Slightly off topic, but can anyone explain the different color bordering that appears around all the stars on the reverse of the picture above? James Bucki is a nationally-recognized coin collector and numismatic expert and author, sharing his knowledge and specialized training in coin grading, minting errors, and collection techniques. If you are having trouble counting the stars it is probably very worn in low grade. The coin, graded Proof-68 by PCGS, a professional coin grading service company, was offered from the collection of D. Brent Pogue. Buy the reference books, join a discussion group or club focused on your interests (such as Early American Coppers EAC), and ask other experienced members and friends. Counterfeit, or "fake", coins are pesky inevitables in the world of coin collecting but there are a number of tips suggested by the Numismatic Guaranty Corporation (NGC) and Professional Coin Grading Services (PCGS). Seller even expect to pass those off as genuine Cent, including its key features, value and how appropriately! Ten fold silver dollars 1799 liberty coin real or fake made from the year 1836 until 1873 1799 Bust. Have the same shape x27 ; s entirely the wrong color as a coin that will give illusion. What happened with 1799 liberty coin real or fake serial numbers of encased coins here and you the. Hamilton, Congress passed a joint resolution calling for the serial number type... In automating the production of coin dies to ensure design consistencies for the serial numbers encased! 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