Hi, can you please tell me if there are fake 1873 cc trade dollars and 1889 cc silver dollars out there if so how can i tell the difference??
ANSWER:
Unfortunately, the entire series of Trade Dollars has been counterfeited and also all Carson City minted Morgan dollars. It's best to take the coins to a dealer or collector for an opinion on authenticity because there is no way to tell a coin is fake unseen. You can also send the coins to one of the professional grading services, many coin dealers can do this for you.
All 1882 Trade Dollars are a "Proof" only issue. All were minted in Philadelphia, none at Carson City. So if you have an 1882-CC Trade Dollar it's a fake with no value.
No such thing, fake.
Trade Dollars were minted from 1873 to 1885. The dollar that was minted in 1872 was the Seated Liberty Dollar, if it has a (CC) mintmark and the coin is in good condition, the coin could be worth thousands. *If it says 1872, and Trade Dollar, it is a copy (fake) of a pattern coin from 1873, which used the Seated Liberty obverse and one of two "trade dollar" reverse sides. These copies are readily and cheaply available, and some do not bear the legally-required 'COPY' imprint. Most contain no silver at all.
It's a fake Trade Dollar, 1879 Trade Dollars are proof only issues that were struck in Philadelphia and have no mint mark
No, an 1874 Trade Dollar should not stick to a magnet if it is genuine. Trade Dollars were minted in silver, which is not magnetic. If a Trade Dollar sticks to a magnet, it is likely a counterfeit or altered coin.
You are correct to be suspicious. Trade dollars were only issued for circulation from 1873 to 1878. The last few decades have seen a huge influx of counterfeit coins, mostly from the Far East. Their quality ranges from excellent to laughably bad. The latter often have impossible dates and designs, as you see on your coin. A couple of years ago I saw a supposed "Washington quarter" that was dated 1865. Another fake, needless to say.
All denominations of silver coinage; dimes, twenty cent pieces, quarters, half dollars, dollars, trade dollars. The mint in Carson city (CC) operated from 1870 to 1893.
Check that coin again. The Carson City Mint didn't begin producing coins until 1870, and the trade dollar wasn't introduced until 1873.
One of the easiest and most accurate ways to determine the authenticity is to weigh it. A genuine Seated Liberty silver dollar should weigh 26.73 grams.
No. Perhaps you have a Trade Dollar, issued for overseas commerce. If so it'll have the words Trade Dollar on the reverse. As of 06/2008 1878-S trade dollars are worth $80 to $190 depending on condition, and 1878-CC trade dollars are worth $800 to $2000.
No, a CC 1875 trade dollar is made of 90% silver, which is not magnetic. Magnets typically only stick to metals like iron, nickel, and cobalt.
One of the easiest and most accurate ways to determine the authenticity is to weigh it. A genuine Seated Liberty silver dollar should weigh 26.73 grams.