Discussion in 'What's it Worth' started by RREinTN, Jul 15, 2020.
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I looked at some photos on a TPG site and the date on my coin does look a bit different. What are possible reasons for this? Sorry I am new to coins. This coin has been in my family for many years
It's been in your family for many years so I'd leave it be and enjoy it as is. It's only worth $75-$100 in that condition so be happy and enjoy the family history.
Welcome to CT.
It would be rejected. This coin is a contemporary counterfeit. The coloration of the metal, and the crude details, especially of the date and lettering are all wrong. This isnt a typical fake made to fool collectors, it was made to fool merchants, much like you would with a counterfeit 20 dollar bill today. The condition issues were most likely done on purpose to make it look circulated and help it blend in with real coins.
These do have collector value as they aren't terribly common.
@Insider will take a look.
My opinion too is fake, and a contemporary counterfeit is quite likely. If so, it's a pretty cool item . Just the opinion of a lowly hobbyist.
ICG would slab it with a yellow counterfeit label, I believe.
My mom had this coin (among others) all my life (60 yr) and i assume they were passed to her from her dad. My mom was not a "collector". Wish I knew more
It's very difficult in a lot of cases to judge a coin by a photo. This is one of them. Can you take this coin to a local coin shop or a show in your area?
In the 1840's a dime was a lot of money. In an ICG slab, that coin might sell for $75.
Most contemporary counterfeits are very crude and made on quite an array of metals, such as german silver, nickel, and copper. These pieces weren't made to be passed off as collector items. They were made to blend in with other coins and be passed off at face value.
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