i was at a not so local antique mall looking at some coins id seen before when i noticed that one of the dealers i had bought a morgan dollar for 5$ from had these trade dollars for 5$ each (5$ must be his magic price). naturally i bought these instead of anything else and was wondering what you guys might think of them. dont mind that line in the reverse its just a hair.
You wouldn't like hearing my opinion. But, before I express it, I would like to know the exact weight in grams of each coin, preferably to the nearest .01g.
All three are counterfeits, especially the 1879 CC because there wasn't a business strike trade dollar minted at the CC mint in 1879.
Just a little more info, besides the 1879 CC, which doesn't exist, the biggest give away are the rims, and the denticles. Here's a quick example of a authentic Trade dollar 1876-S T$1 MS62 Another common attribute of a counterfeit, are the small raised bumps, that you can see on the obverse of the last coin posted. See all the little bumps in the fields right around liberty's knee? Sorry, but at least they didn't cost you that much.
Well, look at the bright side. If the coins are 90% silver you got one hell of a buy considering the price of silver. Buy em out then turn em in.
ack that stinks that they are counterfit. if you have the name of the dealer i would report him for fraud and countefeiting which is a federal felony. it might be that his whole collection is counterfeit which would put him away for life. hopefully you didn't buy a lot of them.
Well, at five bucks a pop, it's obvious the dealer knew the coins weren't genuine. Probably just a tiny portion of the 10K+ unmarked forgeries entering the U.S. every week from our Chinese friends. But putting him away for life might be a little harsh...
Right on Raider. Another thing I learned is using a small pocket magnet as a fast and easy check when out on the prowl. It's nix if it sticks.
I agree but the fed's don't. they take that stuff seriously. more so if you have a collection of it and are selling it as legit. even if you don't know it really is his responsibility to make sure that it is legal. what it will come down to is how much of it is fake or real.
Problem is, unless the dealer claimed they were real, there is nothing legally that can be done. I've seen the same coins at flea markets. Just looking at the grey color is a dead give away. The US needs to do what Canada did and make all copies of US coins illegal.
well since i dont know it as an actual person - just a number of a case in a antique mall in waterford wisconsin - freddy bears - #45. they had 2 1976 proof sets also for 5$ which in change would be worth 3.82 so i dont get it. they also had some foriegn coins which would most definately be counterfiet. EDIT:
