Well, that's the standard "grandfather" story, used by many sellers of questionable items. Craigslist, eBay, flea markets, garage sales... we all have a soft spot when it comes to the "grandparent trap".
Sorry it is a fake. Minimum, probably about $40 to $50 with PCGS or NGC, maybe $30 with ANACS. That includes shipping and insurance and doesn't include costs to join PCGS or NGC's clubs so you can do direct submissions.
I am going to take it to a coin dealer tomorrow but I'm now confident it is a fake. If it is, no big deal. I'll just keep it as a reminder to look closer next time. I typically stick to junk and bullion but have been looking for a trade dollar as I passed one up at a great price a few months ago. Why did I pass it up? I didn't know enough about it. I probably passed up a real coin and then bought a fake. Oh well, life goes on. When I started I said I wouldn't get into the numismatic side of coins but the pull was just to great. I do well just buying and selling junk as the price of silver goes up and down. I typically buy lots, small to large, of junk silver and cherry pick the best ones and re-sell the remaining ones for a nice profit. This system has allowed me to acquire some good numismatic coins for less than melt. My two best scores have been a 1856 seated liberty and a 1878 cc Morgan. Thanks again for the responses.
That is where you went wrong. I bought some dimes for the silver value. They were barbers. I looked up the history and saw the picture of an amazing one. Now look where I am. I am convinced what you attempted is impossible, they are too beautiful.