1873 trade dollar

hey guys would any one know if this is worth more than face value , if so how much ?

 

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I don't think it's even worth that . Looks like a fake to me . Wish you had clearer pics but I never seen dentils like that an a real Trade dollar .

 

Short of selling as a novelty, it's not even worth it's non-existent face value.

 

Counterfeit! Sometimes you can find these in the $2-3 box at a show if they are not silver.

Just noticed something: the reverse is the Type 2M that was just in Numismatic News. This reverse was not used until several years later.

 

After looking at the one clear pic it's a fake . Sorry .

 

Dang you 2 are fast . lol

 

Whadayamean. You beat every one.

 

But that was before I posted after looking at the one clear pick .

 

Also a great pickup on the Type 2M .

 

As I wrote...Post#7.

 

I see you know your Trade Dollars.

 

This is in the error coins forum - where's the error?

 

That it was ever made....

 

The error is someone thinking they could do an 1873 Trade Dollar fake with a reverse that wasn't released until 1875.

 

From the auction records, dealer ads, and sets it is apparent that an extremely high number of knowledgeable professional numismatists were not aware of this particular reverse so why should we expect the counterfeiters to recognize it didn't belong on this date Trade $.

 

wait you guys are telling me this is COUNTERFIET as in illegal to have ???

 

and sorry about posting this on the wrong forum, wow i paid $ 100.00 for that thing that sucks

 

No, it is a counterfeit that is legal to have UNLESS you try to sell it as a genuine coin.

Now, Don't be buying any coins unless it is from a coin dealer with a store or at a coin show. And best to by certified coins if you are spending that amount of money.

 

I hope you stay here and learn about coins , as all of us started out as newbies . To tell the truth I thought I new a lot about coins till I joined this forum , what I did learn 1st was how much I didn't know . Trade dollars is a great series and you're coming in when more is known about them then ever before . Chalk this one up to learning dues
As it is the most counterfeited coin I know . But if you read some excellent threads you can start to learn what to look for to be able to tell real trades from fakes . One of the better ones is by ksparrow , look it up you'll be glad you did .

 

The leaf hanging below the top line of 900 and FINE, and the arrowhead extending past the right edge of the 2 in 420, are indicators of the Type 2 Reverse, which was not first used until 1875. Your coin is therefore conclusively a counterfeit. That's the bad news. The good news is, Federal law with regard to possession of counterfeits goes to intent, in that you must intend to pass them as "real" to be in violation of statute.

The additional bad news is, mere possession is illegal in some states via their own statutes.

In the real world, the Secret Service is not going to raid your home. Numismatists collect counterfeits for their own educational purposes regularly; I have two or three myself.