Enter your email address and we will send you a link to reset your password. Photo: Counterfeit coins from a street hawker! The rarest silver certificate dollar bills are the 1928C, 1928D, and 1928E versions. A counterfeit or fake coin doesn’t have any numismatic value though it’s gold or silver can be extracted by assay. 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. Often the result of different fonts between the original coins and counterfeit coins. So, how can you spot a fake Morgan Silver Dollar? 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. Are these worth anything other than face ? Coin Grading – Professional or Self Graded? Like America’s gold coins during the Great Depression, the Morgan Silver Dollar was part of a roundup by the Treasury Department. Eisenhower Silver Dollar Values & Price Chart Sell To Us Precious Metals IRA Secure Storage Blog Coin Library Podcasts Call Us: (813) 482-9300 Your old coins are becoming surprisingly valuable, discover how much they are worth. Gold & Silver Coin Investment vs Bitcoins. Also, small changes have been made to the design and layout. Previous counterfeit Morgan Silver Dollars have been identified with improper weights. Answer (1 of 18): jamescapp02At the current date (April 2011), a 1921 silver dollar (also known as a peace dollar) is worth anything from $57 to $177 depending on its condition. Remember, it should weigh 412.5 grains, or 26.73 grams. Many of your old US silver coin values are tied closely to the price of silver. Aside from that, the coin had a granular texture and lacked sharpness despite its well-circulated appearance. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. But just because the 1922 silver dollar is one of the most common silver dollars doesn’t mean it’s not worth saving.. I prefer the coins because they can hold collectors value also. 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. They are worth a few dollars each. We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. The NGC identified the 1893-O Morgan Silver Dollar, struck at the New Orleans Mint, as a well-made die that was struck with precision, save one flaw. The auction ended at $3.25, AND he wrote that it was fake. Which says it is a US coin of one dollar value, ... We know that there is many fake 1804 Silver Dollars around, but, the story behind this coin suggests that it may be a genuine one. Another commonly used incorrect mint mark by forgers is the Carson City “CC” mark. 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). American Silver Eagles When the United States Mint began making bullion coins in 1986, the American Silver … The troubling part of this latest discovery by the NGC is the fact that it represents a previously unreported contemporary counterfeit of the Morgan Silver Dollar, the 1894-O. It is not made of 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. The following coins are included in the VAM reference: There are numerous signs of a fake Morgan Silver Dollar. Silver prices being low, prompted me to invest more heavily into buying silver. 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. As such, these coins are frequently counterfeit or altered from common Morgan dollars. The 1923 silver dollar on the left is authentic and the Peace Dollar on the right is counterfeit. Our social media pages on Facebook, Instagram, Twitter, and Pinterest are created and a YouTube channel will follow. 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. Next to the outline of Florida there are no distinguishable islands on Type 2 Ikes. Pre 1965 silver dimes, quarters, half dollars and silver dollars are all heavy with 90% silver and worth many times their face value. While this isn’t an immediate sign of a counterfeit, it is if that “D” mint mark is on a coin whose date of issue is any year other than 1921. Anything can be faked these days. Today, the Morgan Silver Dollar remains highly sought after. I seen these 5oz .999 pure silver panda coins up for auction. As long as that continues, counterfeiters will be working hard to make a buck. This 1797 Silver Dollar is actually a fake! 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. Coins worth more to a collectors may be a better long term investment. Other incorrect mint mark and date combinations include the 1887-CC, 1888-CC, 1902-CC, and the 1878-O (Morgans not at New Orleans yet). As you can see, the date, on the counterfeit has letters that are thinner than the authentic example on the right. There were 4,000,000 proof coins minted. In 1858, With London's approval, Province of Canada issued coins minted in England in denominations of 1, 5, 20 and 50 cents. In uncirculated condition the price is around $80 for bills with an MS 63 grade. 1794 Silver Flowing Hair Dollar. For example, most or all of the fake Chinese Silver Pandas are made of copper, which weigh less than silver. 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. New Morgan Silver Dollar Fakes Spotted: Tips to Identify Common Forgeries. Collectible coins are on the move. In this case, there is also an obverse marker that gives this Morgan Silver Dollar away as a counterfeit. 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. Analysis of the metal content showed the coin had a .918 silver fineness, above the US Mint standards for a silver circulation coin of the age. Any coins with a Carson City mint mark are worth $60 to $2000 depending on the condition. Since so many counterfeit 1928 Peace Dollars are, in fact, altered 1923 coins, it is particularly useful to know the Counterfeit Coin Detection diagnostics that are seen on legitimate examples. 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. 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