Your coin is basically worthless because it is a counterfeit. There was no Branch Mint in Carson City in 1848.
samer, You won't find your coin in any reference because it is a fantasy piece. The counterfeiters in China make lots of dies for making their countefeit coins. They have lots of obverse dies and lots of reverse dies. When they make a batch of counterfeits they grab an obverse die and a reverse die and go to work. They don't take care to make sure the obverse and reverse dies go together (i.e., if the CC reverse die goes with the 1848 obverse die). They count on potential buyers not knowing the coins well enough to know that die pairing never existed. Simple as that.
Sloppy ! It's very easy to find this info. I can see making an 1877 cent and getting the feather in the wrong position ( type 2) but not an 1848-CC coin.
I doubt the counterfeiters keep a Red Book handy. Even in they do I doubt they would be able to read it. For this grade of counterfeit (crude) their market is largely tourists who would not notice the die mispairing.
I always tell if something is counterfeit or not by either the lettering, the edge for a seam, the details on the main devices, etc.
Not only is it a die mispairing, but it doesn't even have the motto which all real CC Seated dollars have.
Supply and demand, That´s what I love about China. I once had to deal with them and no matter what I asked they would figure out a way to do it. Then you just have to make sure that they do it every time. They are hard workers and even with all the crap that comes out of that country. There is so much more that is very well made. It seems they are taking over the world by default. Everyone seems to owe them money I think it´s good for every coin collector to own a copy coin. And if you run into buying a fake keep it as a reminder.
I noticed that, too. The motto 'IN GOD WE TRUST' did not appear until 1866 so all CC SL Dollars should have a motto. I wonder where they got that reverse. Perhaps they copied a pre-1866 reverse and added the mintmark.
Note on chinese counterfeits: I once saw a 1766 Morgan at a flea market. Moral of story: don't be so gullible .
In other words, know your coins (or at least have a reliable reference). You reduce your chances of falling for these obvious fakes if you know (or can look up) Carson City did not have a Branch Mint in 1848, Morgan Dollars were not minted before 1878, Seated Liberty Dollars prior to 1866 did not have the motto 'IN GOD WE TRUST', etc. Knowledge is your first line of defence.
