1872 Trade Dollar 420 Grains 900 Fine Fake
The 1872 Trade Dollar is a valuable coin for collectors and investors alike. This silver dollar was minted between 1873 and 1885 and was intended for use in international trade with Asia. However, due to its high silver content and beautiful design, the coin has become a sought-after collectible in the numismatic community.
Unfortunately, counterfeiters have taken advantage of the coin's popularity and have produced fake 1872 Trade Dollars in large quantities. In this article, we will discuss how to spot a fake Trade Dollar and protect yourself from purchasing a counterfeit coin.
What to Look For
The first thing to check when examining a Trade Dollar is its weight. A genuine 1872 Trade Dollar should weigh 420 grains, or 27.22 grams. If the coin weighs significantly less, it may be a fake.
Next, examine the coin's diameter. A genuine Trade Dollar should measure 38.1 millimeters in diameter. If the coin is significantly smaller or larger, it may be a counterfeit.
Check the Design
The design of the Trade Dollar is one of its most attractive features, but it is also a key area to examine when trying to spot a fake. The head of Lady Liberty on the obverse should be well-detailed, with sharp features and clear lettering on the rim. The eagle on the reverse should also be well-detailed, with clear feathers and sharp talons.
If the details on the coin appear blurry or indistinct, it may be a fake. Counterfeiters often use low-quality molds or dies to produce fake coins, resulting in a lack of detail and sharpness in the design.
Examine the Edge
The edge of the Trade Dollar can also provide clues as to whether a coin is genuine or fake. A genuine Trade Dollar should have reeded edges, with 140 reeds in total. If the edge is smooth or has a different number of reeds, it may be a counterfeit.
Check for Wear and Tear
Another way to spot a fake Trade Dollar is to examine its wear and tear. Genuine coins that have been in circulation for many years will show signs of wear, such as scratches, dings, and discoloration. If a Trade Dollar appears to be in pristine condition with no signs of wear, it may be a fake.
Use a Magnet
One final test to determine whether a Trade Dollar is genuine or fake is to use a magnet. Genuine Trade Dollars are made of 90% silver and 10% copper, which is not magnetic. If a Trade Dollar is attracted to a magnet, it is likely a counterfeit made of a different metal.
Conclusion
The 1872 Trade Dollar is a valuable and highly sought-after coin, but it is important to be aware of the many counterfeit coins that are currently in circulation. By following the tips outlined in this article, you can protect yourself from purchasing a fake Trade Dollar and ensure that you are adding a genuine coin to your collection.