In regard to all grades, the scarcity of the 1798 ‘Knob 9’ is largely unrecognized. Of course, this counterfeiting ring will process them so that each one appears to have a … Evidently, there was much corrosion in the die in this area and/or the die chipped or peeled because the die was poorly made. Type: Draped Bust Dollar Year: 1800 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 220,000 [ Silver Content: 90% Silver Weight: 0.7735 oz. For 1799, six are listed and five for 1800. that is convenient for you. C) The 1906 Ellis Island Silver Dollar: At least this counterfeit is only 80 years off from when it was actually made. It would make sense to reform and pare down the listings for Heraldic Eagle dollars in most standard price guides. Some 1876 Trade Dollar … All Rights Reserved. The 1800 "Dotted Date" Draped Bust Silver Dollar features a die defect around the date - particularly around and within the first "0". A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. This analysis is aimed at typical collectors of and potential collectors of Draped Bust dollars. Coins composed of other metals, such as aluminum, don’t have a rich or enduring sound like silver. Part 3 of Greg Reynolds series analysis on the draped bust silver dollars that were issued from 1798-1803. This design element is related to the Great Seal of the United States. On many varieties of 1800 silver dollars, there are various raised blobs about the first zero. Listings of minute varieties discourage people from collecting particular series. Side Refine Panel. 1802/1 Bust dollar obverse depicting the heraldic eagle reverse design. In the current era, at most a dozen people seriously collect Draped Bust dollars by die variety, while perhaps one thousand people collect them by date. As bust dollars were made with relatively primitive equipment and have been subject to various degrees of proper and improper handling over a period of more than two centuries, it is important to not focus intently on certified grades and to reflect upon each coin as an individual with a multitude of interesting characteristics. Oftentimes the fake coins aren’t detected until after the buyer protection policy rights have lapsed, which means you could potentially end up with a near worthless coin on which you spent hundreds, if not thousands of dollars. We hope that you found this post on how to identify fake Morgan silver dollars helpful, and welcome you to contact us if we can be of further assistance. On many varieties of 1800 silver dollars… The 1800 “Dotted Date” does not feature a decimal point or a period. © Copyright 2021 CDN Publishing, LLC. The “Small Eagle” is a young eagle and is indicative of a nation that was recently born and was developing rapidly. All the rest are counterfeits, and counterfeits are worth zero. Photo courtesy of Jinghua Shei. In regard to 1803 dollars, the ‘Large 3’ and the ‘Small 3’ differ in shape and style. A good friend of mine was given two 1795 Draped Bust dollars … Two bust dollars struck from the same pair of dies that were each graded MS64 by the same service may have much different market values. For this reason, it takes a trained eye to determine the authenticity. Both tradition and logic dictate that these are two different dates of the same year. It is probably true that AU55 grade representatives of nine of the eleven dates could practically be acquired for prices in the $9,000 to $12,000 range. Shop by Category. Many fake Trade Dollars for example are struck from silver and are the correct weight and take a trained eye to determine authenticity. A PCGS graded VF25 coin brought $2,160 in the FUN auction in January. The mint mark indicates where the coin was minted. 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