1872 Seated Liberty Counterfeit Dollar
By Numismatic Guaranty Company (NGC) ……
The 1872 Seated Liberty Dollar had the highest mintage of any coin in the series with just over 1.1 million pieces struck. Most appear to have reached circulation and while low-grade examples are fairly common, higher grade specimens are quite elusive.
According to the NGC US Coin Price Guide, an NGC AU 50 example trades for nearly $1,000. Low Mint State examples can easily sell for several thousand dollars and Gem pieces are virtually impossible to find.
1872 Counterfeit dollar are not seen regularly, but NGC graders did identify one such fake several months ago. This piece is about average quality and almost certainly imported from China in the last decade.
Overall, the design details appear softer than normal, particularly on the reverse. More specifically, the eagle and legends have a rough texture with minuscule raised dots within the recesses. There are also a few thin raised lines on the reverse. For example, raised lines can be found between the “I” and “N” of IN and above the “O” in GOD.
Raised dots, lumps, and lines are virtually never seen on genuine pieces but are frequently encountered on forgeries. As a result, counterfeiters will often attempt to disguise these diagnostics and this specimen has been purposely abraded. In addition to obscuring raised dots and lines, the abrasions have the added effect of making the coin appear circulated. Many numismatists automatically assume that a circulated coin cannot be fake.
Despite the counterfeiter’s efforts, this coin appears rather dissimilar to any legitimate examples. NGC graders look at hundreds of authentic coins every day, which makes it significantly easier to spot a coin that does not look right. Undoubtedly the best way to learn how to spot counterfeiters is to look at as many genuine coins as possible.
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If you have one are they worth any thing? I have one got it at an coin auction, it didn’t weigh exactly what it should have?
The coin I have is an 1878, S coin how many of these are counterfeit?
I noticed around the rim the coin has various marks like it had been cast.
I have an 1875 trade dollar that is a counterfeit from China. It is easy to tell. At the bottom of liberties seat it says “In GOP we trust”.also the ribbon in her hand says “lubert”.
I just got one 1877. On the reverse it also says S PLUE IBUS UNUM
I have an 1872 stuck trade dollar wondering if it’s real …I know they were minted 1883 onwards just wondering if it was one of the ones struck for showing what they’d look like
Sorry 1873 onwards
I have an 1872 without the “In God we trust” ribbon, what does that mean and les it hold any value
Is there any chance that a fake 1872 one dollar coin could be silver?
My coin shows some difference: the one doll. inscription seems to be a little lower, the arrowheads are smaller, there is no letter s below the eagle. However, the direction of the eagle and the human figure appear correct when the coin is flipped from top to bottom. The inscription in god we trust also seems to be fine. In addition to these, it oxidizes like silver, which can be cleaned with baking soda.