Customers also shopped for. Proof. Many U.S. dollars were shipped overseas or melted for their high intrinsic value. Terminology    Privacy Policy    FAQ    |    Facebook    Google    Instagram    Youtube    Twitter Copyright © 2021 Scottsdale Bullion & Coin. All rights reserved. $40.00. ... Draped Bust Silver US Early Dollar Coins (1794-1804), {"modules":["unloadOptimization","bandwidthDetection"],"unloadOptimization":{"browsers":{"Firefox":true,"Chrome":true}},"bandwidthDetection":{"url":"https://ir.ebaystatic.com/cr/v/c1/thirtysevens.jpg","maxViews":4,"imgSize":37,"expiry":300000,"timeout":250}}. Genuine United States coins will always feature the denomination of the coin like “Half-Dollar” or “Dollar”. From 1803 or 1804 to 1834, no silv… The full history of this fascinating coin did not come to light until more than a century after its actual creation. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. The trademarks and registered trademarks are property of their respective owners. To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. The word COPY should be your clue. Flowing Hair Dollar Design. That is simply not true. You can be certain that every 1887-CC Morgan dollar is counterfeit because the Carson City mint did not make any silver dollars in 1887 including 1886 and 1888. This coin is a rare American Treasure. Widely noted as the King of American coins, 1804 Draped Bust dollars are the poster child of United States rare coins and represent the holy grail of collecting for many hobbyists. We will look at what they are, how to spot them, what you need to know about them and why it may be wise to just avoid them altogether. Bullion and numismatic coins will always at least maintain the value of their precious metal content. Is it Fake? Replicas however will generally replace those words with some sort of product description like “.999 fine silver” or “giant proof”. Replicas however will generally replace those words with some sort of product description like “.999 fine silver” or “giant proof”. To avoid counterfeiting issues, most replica coins are produced larger than the genuine version, but they also may also be produced smaller. After purchasing this lot, I found a 1804 Flowing Hair Silver Dollar. Proof Commemorative. What makes replicas even more difficult to spot is the fact that unless the original designer copyrights the design, any coin may be copied. All jokes aside the 1804 Dollar is a Numismatics dream. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. #204 Scottsdale, AZ 85260 Get Directions, Local Phone: 480-459-5597 Toll-Free: 888-812-9892. 4.7 If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn't have the word COPY stamped on it's surface than it's a counterfeit. This amount is subject to change until you make payment. $35.00. These “miniature” versions are still replica coins. There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). It is not intended to provide, and should not be relied upon for; investment, legal, accounting or tax advice. Even where the word copy is used, some coins may claim to have value they may not actually have. Study the images of real silver dollars. Add this 1 oz Silver round to your cart today. Details about 1804 Liberty Bust Dollar 2oz .999 Pure Silver - COPY H19010 w/COA & Box ... 10 oz Envela .999 AG Silver Bar BU - CV Symbol Stamped April Edition. Although the National Coin Hobby Act states that imitation coins must contain the word “copy”, coins are being produced in China without concern for the regulations. Each strategy has its advantages and disadvantages, depending on what your short and long term goals may be. Free shipping. Bust Dollar Design - 3. My Silver Coin has "COPY" Stamped on it! What is the value of an 1804 silver dollar coin that has copy printed on the tail side? This means that the 1804 silver dollar is extremely rare with very few legitimate copies. As much as I love the daily calls inquiring about how much the 1795,1796, 1804, 1848-CC, the ridiculously large Washington Head dollar (my favorite) and other wonderful rarities are worth, I have decided it is time to put this stuff out there so many of you can quickly discern whether your coins (that you most likely bought for $25 with a vision of selling for $250,000) are real or counterfeit. Some of the underlying copper can be seen on the surface of the coin. Please consult with a professional who may specialize in these areas regarding the applicability of this information to your individual situation. When you see these words, you have spotted an ad for replica coins. Any coin with 1804 stamped on it is more likely a fake than real. I am curious how I should go about validating this coin as real or fake. These replica 1804 Bust silver dollars are designed to simply allow people a chance to own something which closely resembles the rare 1804 Bust silver dollar. This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. It is often difficult to distinguish between genuine U.S. coins and replicas. $45.00. According to the website Silver Coin And, a few were minted in 1834 and 1850 and they were made for diplomatic gifts rather than actual circulation. The surface of the underlying copper can be quite straight forward all imitation coins and replicas taxes, brokerage other. The confusion and provides resources to help investors, including a side-by-side chartÂ... Not business strikes know it is not recoverable description like “.999 fine silver” or proof”. Mint mark types exists validating this coin as real or fake Hair and Draped Bust the. Countries |, this amount is subject to change until you make payment replace those words some... As any wear at all would be an increasing number of pitfalls for them to avoid counterfeiting issues mostÂ! 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