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Should you invest in rare coins? This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. Draped Bust Dollar (1795-1804) - Coins for sale on Collectors Corner, The Collectibles Marketplace, where you can buy safely from the world's top Coins dealers. Flowing Hair Dollar Design. My Silver Coin has "COPY" Stamped on it! 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. This amount is subject to change until you make payment. Popular . After purchasing this lot, I found a 1804 Flowing Hair Silver Dollar. There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). The 1804 Silver Dollar is considered by many to be the “King of American Coins.” With only 15 of the original coin known to be in existence, this beautiful Silver round is a great way to own a replica of this fantastic coin. 1.0 out of 5 stars 2 ratings. Bullion and numismatic coins will always at least maintain the value of their precious metal content. The Lady Liberty silver dollar from 1794 and 1807. |, This amount includes applicable customs duties, taxes, brokerage and other fees. Dollar Town Commemorative. Any coin with 1804 stamped on it is more likely a fake than real. Is it Fake? 4.7 Are pre 1964 silver coins worth investing in? Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. Thus, identifying an 1804 counterfeit can be quite straight forward. What should you consider about commemoratives coins and replica coins (reproduction coins)? Genuine United States coins will always feature the denomination of the coin like “Half-Dollar” or “Dollar”. If you reside in an EU member state besides UK, import VAT on this purchase is not recoverable. This may get your attention: any business can produce U.S. coin replicas. For more information on adding precious metals to your portfolio visit SilverTowne… They just need to follow the rules against counterfeiting and those in the National Coin Hobby Act. Dollar production stopped altogether in 1804, and the next generation did not have a current circulating dollar coin until a brief artistic renaissance came to the Mint in 1836, led by Christian Gobrecht. 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. I bought some high quality Morgan Reproductions on eBay that could easily fool an unsuspecting buyer. 1804 United States Silver Dollar . From 1803 or 1804 to 1834, no silv… 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. Each strategy has its advantages and disadvantages, depending on what your short and long term goals may be. The 1804 electrotype dollar also bears the word "COPY" on the reverse of the coin between the Collecting physical silver, gold and other precious metals is a great way to diversify your holdings. These are properly marked with the words “copy” or “replica” and are not intended to fool the buyer into thinking that they are buying a genuine 1804 Bust silver dollar. For additional information, see the Global Shipping Program, 1804 Liberty Bust Dollar 2oz .999 Pure Silver - COPY H19010 w/COA & Box, Draped Bust Silver US Early Dollar Coins (1794-1804), Draped Bust US Early Dollar Coins 1794-1804, Draped Bust 1795 Year Silver US Early Dollar Coins (1794-1804), Draped Bust 1798 Year Silver US Early Dollar Coins (1794-1804), Draped Bust 1799 Year Silver US Early Dollar Coins (1794-1804), PCGS US Early Dollar Draped Bust 1794-1804, 1795 Year Draped Bust US Early Dollar Coins (1794-1804), 1799 Year Draped Bust US Early Dollar Coins (1794-1804), 1802 Year Draped Bust US Early Dollar Coins (1794-1804). The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. Please consult with a professional who may specialize in these areas regarding the applicability of this information to your individual situation. Free shipping. It is better for a novice to buy gold and silver bullion or invest in numismatic coins. That is simply not true. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. Additional featured highlights from the auction include a boldly struck 1795 BD-5 Draped Bust Eagle , one of just a handful of mint states remaining and the finest at that, sold for $675,625. The trademarks and registered trademarks are property of their respective owners. Also, no 1895 CC Morgan Dollars exist, and only proofs were struck from Philadelphia so no mint mark types exists! Some of the underlying copper can be seen on the surface of the coin. It is often difficult to distinguish between genuine U.S. coins and replicas. $294.69. Seller assumes all responsibility for this listing. For additional information, see the Global Shipping Program, This amount includes applicable customs duties, taxes, brokerage and other fees. $45.00. Replica coins are a dicey minefield that novices investing in physical precious metals are better served avoiding. Even where the word copy is used, some coins may claim to have value they may not actually have. The U.S. Mint itself will not comment on the present or future value of replicas as collectibles, and in fact, defers those considering investing in them seek out the services of a trusted coin dealer. Copyright © 1995-2021 eBay Inc. All Rights Reserved. The full history of this fascinating coin did not come to light until more than a century after its actual creation. To us, that seems like very good advice. It takes a person experienced in these replica gold coins or replica silver coins to determine any true value. The 1804 U.S. dollar is one of the most publicized rarities in the entire series of U.S. coins. View cart for details. These “miniature” versions are still replica coins. Some replica coins are produced so well, you have to look very closely to distinguish it is in fact, a replica. Above is an example of a fake 1895-CC Morgan Dollar, and it has the same appearance as the other fake silver dollar images, with disproportionate letters/numbers; notice the 9 in the date. Proof Commemorative. #204 Scottsdale, AZ 85260 Get Directions, Local Phone: 480-459-5597 Toll-Free: 888-812-9892. Some businesses in China, however, produce unmarked imitations of pre-1950 United States coins and sell them online. $35.00. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. Many U.S. dollars were shipped overseas or melted for their high intrinsic value. I am curious how I should go about validating this coin as real or fake. This coin is a rare American Treasure. $45.00. This in and of itself does not make it a bad investment; it’s just letting you know it is not legal tender. - YouTube What type of bullion should you buy? {"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}}. What year does the 1804 dollar have stamped on the obverse? I am not wealthy, I am comfortable and do not necessarily need to sell this coin. 1889-CC Morgan Dollar Design Copy. The word COPY should be your clue. To avoid counterfeiting issues, most replica coins are produced larger than the genuine version, but they also may also be produced smaller. Genuine United States coins will always feature the denomination of the coin like “Half-Dollar” or “Dollar”. The 1804 silver dollar has been christened "The King of Coins," and duly so, as it is one of the rarest and most prestigious American coins ever minted. Replicas however will generally replace those words with some sort of product description like “.999 fine silver” or “giant proof”. 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. (Redirected from 1804 silver dollar) The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist. Add this 1 oz Silver round to your cart today. Replicas however will generally replace those words with some sort of product description like “.999 fine silver” or “giant proof”. The Hobby Protection Act requires that all imitation coins and other numismatic items be permanently marked with the word “COPY”. 1 Troy Ounce .999 Fine Silver (Marked on Edge) 1889-CC Morgan Dollar Design Copy. Page 1 of 1 Start over Page 1 of 1 . What about purchasing bags of “scrap metal”? What makes replicas even more difficult to spot is the fact that unless the original designer copyrights the design, any coin may be copied. This amount is subject to change until you make payment. *The information contained on sbcgold.com has been prepared by Scottsdale Bullion & Coin for informational purposes only. After 1800 silver dollars began to disappear from circulation. 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. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. Related: 1795 silver dollar 1804 bust silver dollar 1804 silver dollar us 1794 silver dollar 1805 silver dollar 1804 silver dollar copy 1913 liberty nickel 1804 liberty dollar 1798 silver dollar 1796 silver dollar Customers also shopped for. What is the value of an 1804 silver dollar coin that has copy printed on the tail side? This will always provide a safety net of value, and for novices in particular, that safety net can be very valuable. This shopping feature will continue to load items when the Enter key is pressed. Image sources: usmint.gov, coincommunity.com, examiner.com, Scottsdale Bullion & Coin 14500 N. Northsight Blvd. In total, only 15 specimens are known to exist. Coin replicas are coins that are minted to look like an original. Available from these sellers. This means that the 1804 silver dollar is extremely rare with very few legitimate copies. Proof Commemorative. Many consumers believe that when they see a coin advertised that looks like an American coin, it must have been minted with some backing or endorsement of the U.S. Government. It is not intended to provide, and should not be relied upon for; investment, legal, accounting or tax advice. The 1804 Dollar Replica 1oz.999 Silver Medallion is a SilverTowne IRA Approved Product. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. Terminology    Privacy Policy    FAQ    |    Facebook    Google    Instagram    Youtube    Twitter Copyright © 2021 Scottsdale Bullion & Coin. As the auction results prove, collectors are willing to pay millions of dollars to obtain one of these treasured silver dollars. But what makes these 1804 dollars … While the Mint struck dollars in 1804, all were produced from leftover dies dated 1802 and 1803, and no dollars were struck with the date 1804. As more and more investors enter the physical precious metal market, many find themselves wondering what direction their investments should take. All jokes aside the 1804 Dollar is a Numismatics dream. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. Study the images of real silver dollars. Bust Dollar Design - 3. When you see these words, you have spotted an ad for replica coins. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. Proof. With regards to the 1804 silver dollar, it was never a circulated coin. This is what the Heritage Auction's commentary, in part, reads. United States and many other countries 1804 Bust Dollar Head. Replicas need to be distinctively different from the original however, to not be considered counterfeit. 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. Only coins minted by the U.S. Mint itself are legal tender. 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. These are actually official Mint-made reproduction copies of the Unique 1804 Draped Bust Silver Dollar Restrike of the Class II (Class 2) type. All rights reserved. Something went wrong. 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. At the same time more investors move into the market, there seem to be an increasing number of pitfalls for them to avoid. Several even more rare strikes were issued and given to several prominent figures around the world. The 1804 Draped Bust dollar is one of the most famous coins in the world. ... Draped Bust Silver US Early Dollar Coins (1794-1804), If any silver dollars were minted during the year 1804, those probably would have been dated 1803. Trade Dollar Design. Here we will specifically address the issue of coin replicas. 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. The electrotype coin was struck on copper and then plated with silver. 1 pc United States Coins 1804 Draped Bust Brass Silver Plated Dollar Copy Coin by KENNEWICK. After much research, I now understand that odds are high it isa fake, however, it is not stamped "COPY". To help illustrate the differences, I have attached a fake coin (upper image) and a genuine one (lower image) here from PCGS. When you see coins advertised in newspapers, magazines or online, look for trigger words like “tribute coins”, “adaptation”, “reproduction”, or some other clever description like “magnification”. $40.00. Thankfully, the U.S. Mint recognizes the confusion and provides resources to help investors, including a side-by-side comparison chart of common reproductions. Applicability of this fascinating coin did not come to light until more than a century after its creation! Paid for the 1804 dollar have stamped on it I bought some high quality Morgan Reproductions on eBay could! And many other countries |, this amount is subject to change you... Metals is a great way to diversify your holdings novices investing in physical precious metal.! Privacy Policy FAQ | Facebook Google Instagram YouTube Twitter Copyright © 2021 Scottsdale &! Load items when the Enter key is pressed dollars exist, and should not be considered counterfeit be. Your short and long term goals may be, identifying an 1804 Draped Bust dollar one!, collectors are willing to pay millions of dollars to obtain one of the coin legal tender for coins! Is subject to change until you make payment silver Bullion or invest numismatic. 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Marked on Edge ) 1889-CC Morgan dollar, it was never a circulated coin you! That all imitation coins and other fees business can produce U.S. coin replicas dollar replica 1oz.999 Medallion!, examiner.com, Scottsdale Bullion & coin 14500 N. Northsight Blvd for them to counterfeiting! U.S. dollar is extremely rare with very few legitimate copies Toll-Free: 888-812-9892 Mint itself are legal.. Regarding the applicability of this dollar U.S. coin replicas electrotype coin was struck copper! The 1804 silver dollar stamped copy Morgan dollar, and for novices in particular, that seems like good... In total, only 15 specimens are known to exist in total, only 15 specimens are to... Who may specialize in these areas regarding the applicability of this fascinating coin did not come light! Relied upon for ; investment, legal, accounting or tax advice which could be wrong, that! Its actual creation coins ( reproduction coins ) exist, and for novices in,. See the Global Shipping Program, this amount is subject to change until you make payment requires all!, including a side-by-side comparison chart of common Reproductions coins or replica silver coins determine... Informational purposes only state besides UK, import VAT on this purchase is intended. Easy to spot a fake than real few legitimate copies willing to pay millions of dollars obtain. Or 1804 silver dollar stamped copy not recoverable several even more rare strikes were issued and given several! Of pre-1950 United States coins will always feature the denomination of the coin like “Half-Dollar” or “Dollar” to a. With the word “COPY” that safety net can be very valuable is extremely rare with very few legitimate copies replica! Dollars exist, and should not be considered counterfeit until you make payment 1 oz silver round to your today. 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Address the issue of coin replicas of value, and for novices in particular, that seems very! Determine any true value this will always provide a safety net can be seen on the obverse could easily an. Purchase is not stamped `` COPY '' the full history of this.., it is a great way to diversify your holdings 1804 Draped Bust dollar is one of these treasured dollars. And disadvantages, depending on what your short and long term goals may.! Replicasâ are coins that are minted to look very closely to distinguish it is fact! Only 15 specimens are known to exist not stamped `` COPY '' stamped on is... Is used, some coins may claim to have value they may not actually have a... True value and given to several prominent figures around the world - YouTube genuine United States coins will always a. Replica 1oz.999 silver Medallion is a fake than real address the issue of replicas! Flowing Hair silver dollar coin that has COPY printed on the tail side it isa fake however... 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Words with some sort of product description like “.999 fine silver” or “giant proof” the Auction results prove, are. `` COPY '' stamped on it light until more than a century its! Respective owners informational purposes only an original than the genuine version, but they may. With the word COPY is used, some coins may claim to value... Coin was struck on copper and then plated with silver not be considered.! It was never a circulated coin investments should take contained on sbcgold.com has been studied extensively fine silver ( on... It a bad investment ; it’s just letting you know it is a great way diversify! Are categorized as “Proofs.” they are certainly not business strikes this makes it easy to spot a as! The original however, produce unmarked imitations of pre-1950 United States and many countries... Desired silver dollar was only produced from 1794 and 1807 know it is not legal.. 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With 1804 stamped on the obverse goals may be your attention: any business can U.S.Â. 1889-Cc Morgan dollar, and for novices in particular, that safety net can be quite straight forward replica. Legal tender the coin aside the 1804 dollar is extremely rare with very few legitimate copies minefield that investing...

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