For example, most or all of the fake Chinese Silver Pandas are made of copper, which weigh less than silver. A complete historical record is provided in Dave Bowers' book The Rare Silver Dollars Dated 1804 and the Exciting Adventures of Edmund Roberts. Eisenhower Silver Dollar Values & Price Chart Sell To Us Precious Metals IRA Secure Storage Blog Coin Library Podcasts Call Us: (813) 482-9300 Silver dollar values are on the move. By creating an account, you are agreeing to the Terms of Service and the Privacy Policy. The NGC cites the VAM reference as a good starting point to read up on known forgeries. If you are referring to the Ike dollar minted from 1971 to 1978 then it depends if it is the 40 % silver variety or the copper-nickel clad variety. Type 2 dollars are identified by the details of Earth, above the eagle on the reverse side of the coin. This week we cover a very low quality counterfeit Seated Liberty and a slightly less low quality Seated Liberty. 1794 Silver Flowing Hair Dollar. Today, the Morgan Silver Dollar remains highly sought after. Quite a bit higher than their bullion silver value. The 15 known 1804 silver dollars include eight examples of Class I, one of Class II, and six of Class III. They may both be fake for all I know. As with so many other historic coins from the United States Mint, the Morgan Silver Dollar is popular both for its age and beauty, but also its rarity. The value of a Liberty silver dollar is based on condition, but all silver dollars have a minimum melt value. These freshly made fake Chinese ancient coins are made by the same counterfeiting operation that makes the silver dollars, crowns, and other fake silver and copper coinage depicted in this gallery. As Govmint.com notes, the 1918 Pittman Act required the government to replenish its silver bullion stores by melting down all Morgan Silver Dollars stored in Treasury vaults. Next to the outline of Florida there are no distinguishable islands on Type 2 Ikes. But only an expert coin appraiser can tell the difference! Now, use an online guide like Coin Facts to help determine which type of silver dollar you have. For this reason, it takes a trained eye to determine the authenticity. According to Business Insider, the statistics of winning the Powerball Lottery are 1 in 175 million, so it’s safe to say those bills weren’t worth anything beyond the value of its denomination. The Numismatic Guaranty Corporation (NGC) recently reported a new Morgan Silver Dollar fake, which is concerning for two reasons. Many of your old US silver coin values are tied closely to the price of silver. However, few silver coins were minted between 1793 and 1873, as the raw silver required to make a coin was worth more than their gold dollar and greenback counterparts. As such, these coins are frequently counterfeit or altered from common Morgan dollars. The 1776-1976 proof silver dollar is worth around $19 in PR 65 condition. These coins are worth significantly more than most Morgan or Peace dollars and are worthy of taking to your local coin … This particular 1894-O Morgan Silver Dollar had the same reverse hub flaw as the 2014 discovery, with both featuring a hub type that wasn’t in use at the New Orleans Mint until 1901. I have about 50 or 60 Ike dollars. The coin is made from 10% copper and 90% silver and weighs roughly 27 grams.In 1921 there were only 1,006,473 peace dollars made at the … I prefer the coins because they can hold collectors value also. With regards to the 1804 silver dollar, it … Step 1: Read Up on Known Forgeries For example, 1895-CC coins are common counterfeits, and easily identified as such because there were no Morgans struck in Carson City that year. Art of Coin Making – Coin Minting Process, Double Eagle Coin – Liberty Head & Saint-Gaudens, Shield Nickel 5 Cents – American Civil War Coins, Louis Braille Commemorative Silver Dollar, Coin Collecting doesn’t need to be Extravagant, 1885 Morgan O Silver Dollar – New Orleans, 1894 Morgan Dollar – Mintmark: O, New Orleans, 2006 Panda Coin – Silver Chinese Panda Coins, American Silver Eagle Dollars – Bullion Coins, King Hormizd II Silver Drachma – Sassanian, Silver Chinese Dragon Coin – Hu-Peh Province. Silver Dollar Values. Found out, after buying one, that these are fake copies of the original coins. All Market Updates are provided as a third party analysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as financial advice. There are so many different hallmarks, ... Generally gold and silver are heavier metals than their fake counterparts like brass and pewter. Poorly aligned mint marks. All Morgan Silver Dollar coins were originally struck by the United States Mint with .900 silver content and .10 copper. Eisenhower Dollars Average Prices and Values . As long as that continues, counterfeiters will be working hard to make a buck. All half dollars minted in 1964 or earlier are made out of 90 percent silver. In general, most fake coins are not worth anything, maybe a couple of dollars but the class “A” copies of a very rare coin might be worth between $25 to $100. Your Seated Liberty dollar is a counterfeit. They are worth a few dollars each. Collectible coins are on the move. These are essential to the world of coin collecting & numismatics, making it easier to grade the quality as well as identify counterfeit coins such as fake silver dollars. What you have in Kennedy HALF DOLLARS. Canadian coins price guide and values. This 1797 Silver Dollar is actually a fake! Have any of the really old silver dollars listed above, such as the Flowing Hair, Draped Bust, Gobrecht, Liberty Seated, or Trade dollars? The value for each bill is around $30 in very fine condition. Further, silver investors buy them because they guarantee a content of one troy ounce of pure silver. “How much would my 1970 silver dollar be worth?” Given that there were no dollar coins minted in the US in 1970, I must assume that you are talking about this: Canadian 1970 Manitoba Centennial $1 coin. 47.4k members in the Money community. Coins worth more to a collectors may be a better long term investment. Click here to search for 1776-1976 silver dollars on Amazon. The last SILVER Kennedy half dollars were minted in 1964. It is also worth mentioning that JFK half dollars from 1965 to 1970 are made up of 40% silver instead of 90% silver. 24 votes, 12 comments. In uncirculated condition the price is around $80 for bills with an MS 63 grade. All Rights Reserved. With today's high value of silver; $27.29 per ounce as of 1/4/2021 your old silver dollars are becoming surprisingly valuable. It’s interesting to note that it is worth $37 if you melt it down for its components. Things we might think are so valuable can be worth mere dollars, ... Common silver hallmarks include 925, Silver, 800, Sterling. The government melted down some 270 million Morgan Silver Dollars, a figure that was roughly half the entire mintage from 1878 to 1904. There are several varieties of U.S. silver dollars, with the most common including, from most to least valuable, in general: Bust Dollars (1794-1803), Liberty Silver Dollars (1836-1873), Morgan Silver Dollars (1878-1921) and Peace Dollars (1921-1935). Second, and of greater concern, it marks yet another fake Morgan Silver Dollar discovery in a two-year period. Images identify the series and important dates of silver coins. Remember, it should weigh 412.5 grains, or 26.73 grams. The rare 1972 "Type 2" design variety with no mintmark is worth upwards of $30 in all conditions. Often the result of different fonts between the original coins and counterfeit coins. The Morgan silver dollars listed below are worth considerably more than common Morgan silver dollars in any condition. First, the new fake represents a first-time use of the particular date and mint mark combination. You … © Copyright 2021 JM Bullion. The 1893-O Morgan Silver Dollar counterfeit had a wide gap. Just be sure to get one at least 10x the magnification. If you have a coins related question and can’t find the answer, ask us and find the answer soon in the FAQ section from this site. As of 12/28/2020 with silver at $26.31 an ounce, all silver dollars minted prior to 1936 are worth a minimum of $24.01 each. Be aware that the blanket term "silver dollar" is used to describe all coins that are worth one dollar, but the last true silver dollars – the ones made of mostly silver – were minted in 1964. Read up on this fake at these web sites: - Silver-Coins.org - About.com - Silvercoins.com Counterfeits are worth zero. It is one of the many phony U.S. coins that have appeared in the coin market over the last several decades. As you can see, the date, on the counterfeit has letters that are thinner than the authentic example on the right. If it is the copper-nickel clad then it is only worth face value. Found out, after buying one, that these are fake copies of the original coins. If it weighs noticable less than it should, it is fake (the exception being 90% silver coins, which when worn, can weigh up to around 5% less than they originally did). You can pick one up pretty cheap on Amazon for about $5. Kennedy half dollars minted between 1965 and 1970 are made out of 40 percent silver. The Chinese have been experts at creating lookalike alloys for more than 1,500 years. Silver Kennedy half dollars (1964-1970; 1976) are worth extra money. In general, most fake coins are not worth anything, maybe a couple of dollars but the class “A” copies of a very rare coin might be worth between $25 to $100. Answer: There are not many collectors who collect counterfeit coins and most coin collectors would never add fake coins to their collection but there is an exception to this rule. X Research source Silver coin values of dimes, quarters, half dollars and silver dollars follow the price of silver. 1965 to 1970 means it's 40% silver. The wrong reverse hub type was used on this particular coin. 1964 or earlier means it's 90% silver. Counterfeiters, hoping to avoid detection, will sell Morgans at low prices online and then disappear as a seller, often deleting the account used for the transaction. At this point in American history, all silver dollar coins had largely been replaced by paper money, with a few exceptions existing in the American West where people still preferred silver coins. Using a step by step method finds scarce to rare dates, varieties, and the important step of judging condition of your coin. To make myself feel better, I’ll assume that finding rare serial numbers is like winning the lottery. Series of 1923 One Dollar Silver Certificate Value; Series of 1928 $1 Red Seal United States Star Note – Values and Pricing; Series of 1928 $1 Silver Certificate Star Notes ... A lot of confederate currency is actually fake. If your "silver dollar" is from 1965 or later, it's made of mostly a cheaper alloy or … In 1858, With London's approval, Province of Canada issued coins minted in England in denominations of 1, 5, 20 and 50 cents. So, how can you spot a fake Morgan Silver Dollar? Both sides have unusual voids in the fields, such as between the 9th and 10th stars on the obverse and below the ON in ONE on the reverse. One of the most common are the misshapen letters “RIB” in the phrase “E Pluribus Unum.”. Morgans have surfaced on the web in recent years that feature a “D” mint mark. 1935 Series. A 1916 S silver Walking Liberty half dollar could be worth as much as $4,000. The fake 1885-CC Morgan Dollar, however, is far more obvious. Poorly struck letters on the reverse. Then, when the customer calls back after taking their coins to a real expert who tells them what they’re worth (i.e., fuck all), all they get is an answering machine. After that year, the silver content in all continuing years was greatly reduced. Quite a bit higher than their bullion silver value. A few weeks ago, JM Bullion shared information with our customers and followers regarding the flood of American Silver Eagle counterfeit coins. Your old coins are becoming surprisingly valuable, discover how much they are worth. Grading Coins – Coin Grades Past & Present. According to Business Insider, the statistics of winning the Powerball Lottery are 1 in 175 million, so it’s safe to say those bills weren’t worth anything beyond the value of its denomination. There are … Gold & Silver Coin Investment vs Bitcoins. Another note, all business strike (for circulation) 1895 Morgans have either and S (San Francisco) or an O (New Orleans) mint mark, the 1895 without a mint mark is only found as a proof. ... Modern Chinese - of EVERY ONE of these common silver coins. Photo: Counterfeit coins from a street hawker! In MS 65 gem uncirculated condition the price rises to around $20. Just remember, if it looks odd, it may be a fake or counterfeit, and silver dollar collectors should always be wary of the "too-good-to-be-true-deal". Here are the top 25 most valuable silver dollars (Morgan's/Peace Dollars) from the late 1800's to the early 1900's (updated: 2021). It seems many folks want to know what their 1922 dollar coins are worth — probably because there are millions of 1922 silver dollars around.. The 1923 silver dollar on the left is authentic and the Peace Dollar on the right is counterfeit. Question asked: I bought some coins from a street hawker and found out they are all fakes, are they worth anything? Becoming surprisingly valuable on eBay numerous signs of a Liberty silver Dollar you have are for. Most common are the correct weight spotted: Tips to Identify common forgeries use... Least 10x the magnification one troy ounce of pure silver hold collectors value also it on a scale MS. 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