I own one of those Fakes. If the weight is wrong and Miss Liberty's eye is closed, it is a chinese fake. Compare to a known good one to be sure.
You show me an 1840 trade dollar I'm going to call it a fake too. And what does PCG know? For all practical purposes they're fake too.
Morgan 26.73 grams; Trade 27.22[it's in the RedBook, no special library to find the weights.] The story I've heard is that we put in a little extra silver in hopes that the Chinese would prefer them over the Mexican dollars widely used in China at the time. Did not work, so end of Trade Dollar as silver price falls.
If that's a fake it's the most convincing one I have seen. With unslabbed Trades I always look at the edge reeding too as the bad ones always have messed up reeding. see this thread: https://www.cointalk.com/threads/how-do-you-spot-fake-trade-dollars-anyway.63695/
It would also be interesting to know more about the dealer he visited. Was it a coin dealer or an antiques dealer? At least it doesn't sound like the dealer offered to buy it for silver value, so that's a good sign. One slimy strategy to use on those who don't know better would be "oh, it's fake but silver, so I'll give you $20 for it." But I'm sure that this NEVER happens out there in the big scary world.
the coin dealers did try to buy it for 20.00 i was not going to sell and one dealer was going to take it in the back room to see it with a better magnifier of coarse I flat out would not let him and in 2008 I sent it in its real and that's all I care and I like pcg and trust them as I have 100s of there certified coins
Yes but most of those were recalled and melted and made into quarters or Morgans. Millions of trades were reclaimed and recoined
Maybe an old cleaning but the most bare fields have a nice gray color that means it toned over for many years. It looks genuine and grade worthy to me