Draped Bust Small Eagle Quarter, 1796 real or fake?
Hi I have a Draped Bust Small Eagle Quarter, 1796 and don’t know if it’s a counterfeit or authentic. I’ve researched every counterfeit draped bust coin, but all showed up to have a copy or replica print on it which mines doesn’t. The coin I have seems almost exact to the authentic ones but it has a rim around mines. It is also real silver.
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I would be willing to bet there are more counterfeits than there are authentic coins available of that type. The best way to spot a counterfeit coin is to know what a genuine one looks like. Please use the search engines at the links below to find a local coin dealer or coin club.
Sounds like you have the real thing. What do you mean by rim? The reeded rims were common on silver and gold coins way back then to keep people from shaving bits of silver or gold and giving the coin out as change. If it is a replica it will most likely be .999 pure silver and somewhere be stamped replica or facsimile. If is 90% silver it was intended for circulation to wear better and it won’t be a counterfeit because it was only worth a quarter’s worth of silver. If the counterfeiter made it of silver he defeated his purpose. If it is a modern counterfeit it will probably look too perfect and many not even be made of real silver. I’ve seen counterfeit Morgan Silver dollars made of pewter. How did you come into possession of this quarter? Were the circumstances suspect? If, for example, someone said to you, "Give fifty bucks for this old quarter." Then it could be a modern counterfeit. I would be suspicious because the quarter you describe is valued at several thousand dollars even in only ‘good’ conditions. So if a deal sounds too good to be true… Well you know the rest.
Your best bet is to take it to a coin shop and let the people there see it.
Good luck. Sounds like you may have something there.
H