It looks fake---can you post a photo of the back...lately there was a output of these fake coins out in CA I think it was... Speedy
coin better pictures http://img.photobucket.com/albums/v314/mastrehalo/1851.jpg hehe i found a better way to take pictures.. would you tell me signs of fakeness? I bought it for 15 bucks from a guy that comes to my convenience store to buy beer.. he says he found it under a house, he works in construction.
I my opinion it has to a fake because I cannot find any listing of an "Indian Head Dollar". I take that back. It has to be some kind of novelty coin. In order to be a fake there must be a genuine article and there is none. To my knowledge!
It is absolutely a total fake. The lettering is all wrong and there is no design like that on U.S. coins. Its what is called a "fantasy" piece. The indian is the same design as an Indian head cent. Totally bogus and worth about .50 cents. Bill
Well, beyond what has been said about the fact that this design was never produced, there are a some other "tells". No US coin would say United States of America on both sides. The use of two different font styles is a design no-no... it's been done (bicentennial quarter for example) but not often. There has never been a dollar coin minted in the US (with the exception of the Bicentennial Eisenhower) that did not have an eagle on the reverse. If it was produced in silver, it may have some value by weight... or it may even be desirable to collectors of fantasy pieces... there is someone to collect just about anything.
To expand a little more... I for example would consider buying a "coin" like that if it were silver and the price was reasonable... simply because I love the Indian Head design and it would be much easier to see on a larger, lighter colored dollar size coin than on the little one cent pieces... It's a shame that someone tried to pass this off to you as being real. I work in construction as well. I have only picked up a real interest in coins this year. As such, I can tell you very truly that had I "found a coin like this under a house" a couple of years ago, when I knew absolutely nothing about them... you would have been the last person I would have taken it to. The first thing I would have done is to find a dealer who could tell me if it was worth anything.
Check out this thread.. http://www.cointalk.org/showthread.php?t=18228& I think you will see good info on all 3 pages but if you don't have time to read them all go to page 3 and you will see a newspaper link and photos of coins just like yours...If you think the guy that sold it to you could be in this "ring" call the local police and tell them about it and ask that they take a look into it. http://www.cointalk.org/showthread.php?t=18323 Speedy
Hi, I think This fantasy piece was intended to mimic a One Dollar Gold Piece. They did not have an eagle on the reverse on the types that had a wreath design on the reverse of the coin so that statement is not accurate. Have Fun, Bill
