SEATED LIBERTY SILVER DOLLAR 1859

[ELVISFAN]

WISH THIS WAS THE REAL DEAL BUT IT IS 40% SILVER

 

[Mike_of_Tenn]

WISH THIS WAS THE REAL DEAL BUT IT IS 40% SILVER

I don't understand? Is it a fake or did they do both 40% and 90% back then? I know someone that has 6 of these and 2 of them are 1859s,also has 2 1840s,a 1842 & 1843....

Mike

 

[49er]

What!!!!!!! If less then 90% silver then 'fake'.

 

[Mike_of_Tenn]

What!!!!!!! If less then 90% silver then 'fake'.

That's what I thought 49er...ElvisFan how do you know it's only 40%? I am very curious because the coins I mentioned above may soon be mine.

Mike

 

[BuckleBoy]

Was it Found or Purchased? I don't get it.

 

[ELVISFAN]

I bought it at a coin show from a respected dealer its 40% Silver just like the JFKs of 1965 thru 1970...Dave

 

[MUD(S.W.A.T)]

I see no evidence of 40% silver dollars from that time in the Red Book. It dose say in 1840's -1860 the spot price of silver was more than the weight of a silver dollar for the first time. It must be a fake and should say Copy on it somewhere. ( I am not saying this to call you out, just for fact sake and knowing what it is.)

Keep @ it and HH!!

 

[l.cutler]

I'm curious, how do you know it is 40%?

 

[ringfinder]

Never saw a 40% coin like that. I'm sure the guy must be mistaken. I'd take it
to another dealer and ask him what it is and what it's worth.

HH, Ringfinder

Always get a Second Opinion!!!

 

[BuckleBoy]

And keep in mind, it may be a counterfeit rather than a fake.

 

[dfx willy]

GOOD POINT BUCKLE BOY!! WILLY.

 

[Detectingfreak]

id bury it under the ground for 5 days then check it. If its all worn out then its 40% silver. If its comming out of the ground looking all silver then id say it is 90% silver.

 

[cosmic]

Should be about a gram of difference in weight between 90% and 40%..

 

[rjw4law]

betcha a dollar its silver if its real

 

[crazyjarhead]

Intersting theory Get a second or 3rd opinion