Yeah, I am pretty sure it is fake. I am not sure what it is made out of. To me, it looks and feels like a real coin. I'm no expert though. I tried the magnet trick to see if it would stick to the coin. It didn't though. What other materials could have been used for this coin so that a magnet wouldn't attract? Anyone know? I am starting to wonder about my other coins as well. I am not a coin collector but I have been given coins from time to time and then I have actually found one in the ground while doing some excavation work. I have some silver quarters and a lot of wheat pennies. Any of those worth anything? The oldest wheat penny I have is 1909 and I think I have a wheat penny for almost every year. I have some old liberty quarters too but I can't even read the date on them. Pretty worn. Anyway, taking my fake 1804 to a local dealer for his opinion. Just curious as to what it is made out of and what he thinks about it. I would weigh it but I don't have a gram scale. I will post back on here when I hear more about the coin though. Thanks for all of your input on my coin though!
Doing reasearch on counterfeit (replica) coins, I've purchased many from various U.S. and Chinese sellers; I've never had one that is magnetic. As I stated, many of the planchets used in better (quality) forgeries are the correct alloy. With silver on the rise, melt value on the old quarters is somewhere around $2.82, so keep all those dateless SLQ's!
Hey everyone- Just got back from the local coin buyer. I wanted him to take a look at my fake 1804. He doesn't think it is a real 1804 as many of you had already mentioned. But he did say it was a real silver dollar. It isn't a cast copy or anything. He said it was a real Liberty Bust Silver Dollar but it wasn't an 1804. He thinks that the 4 in the date has been changed. He thinks it is probably an 1800, 1801, 1802, 1803 silver dollar that has had the date changed to 1804. It weighed out at 23 grams. He thinks the reason why it is light is because the date has been altered and obviously that has changed the true weight of the coin. He did say that it is still probably worth a few hundred dollars just the way it is though. Anyway, that's the story. I bought a red book today at the coin store and I am going to start looking at all of my other really old coins now. Maybe I will get lucky and come up with something really cool.
It may be an altered 1803, similar to this one on HA. But I still don't see how an altered date can weigh 4 grams less . With the weight being that low I don't believe its real at all.
Well, the coin does look a lot more like the 1803's actually. No beaded edge. The curl of hair on the very top her head. I don't know. The dealer said it was a real silver dollar is all I know. Don't know what it is. He did the coin test on it and it did ring too. Anyway, I have many, many other coins to look at. I am going to post some more pics here so you guys can look at them and give me your opinions. I am not sure what some of them even are. I have some old canadian coins too. One of them is a 1976 100 dollar gold olympic coin still in its original package. Kind of cool I thought. Others are half penny's and penny's. 1923, 1908, 1918 etc. I will post.
Hi, I have a 1804 exactly like the one pictured above, however mine is a little worn, and i dont know if any are in VG8 condition?? I dont know what it is worth, but I would surely like to know? I too dont know anything about this dollar all I know is its a rare one!
We would have to see pictures to know for sure, but the 1804 Draped Bust Dollar is among the rarest of all American coins and among the most commonly counterfeited. There are literally 1000s more fakes than real examples. So, based on that, your coin is almost surely (99.9999%) a fake. But, a clear picture of both sides is needed to know for sure.