I have a silver one dollar US coin dated 1804 with Da Qing Zao Bi Chang on the edge, is it a counterfeit?
The coin was bought in Dubai by my father-in-law and given to me as a wedding present. I know one dollar coins with the date 1804 are pretty rare and rather priceless as one dollar coins weren’t struck after 1803 and weren’t re-struck until the 1830s (I think due to the cost of silver at the time), hence my reasoning behind it being fake. Also, Da Qing Zao Bi Chang Mint is in China so maybe that’s a giveaway lol
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Your reasoning is very good. It is a fake, China is notable for it’s many fake US collectible coins. My guess is it is a base metal with a very thin silver coating. It should be noted however that with the chinese mint mark on the coin it was not intended to deceive anyone or be mistook for an original 1804 US dollar.
By the way there are only 15 known examples of the 1804 dollar. Eight were "original" and used in presentation proof sets. The other seven are what we call "restrikes" and were clandestine pieces made by the mint for well connected collectors who wanted an example.
Your coin still makes an interesting conversation piece.
With the chinese mint mark on it it is obviously a fake. But it may have a value to some collectors of interesting silver pieces.
Your best reference on this is ANA. Take it to a reputable coin shop and ask them or to a coin show. The 1804′s are rare for domestic US circulation.
Go with BD in NM on this for he has hit the nail on the head. Fakes from China are causing a lot of problems with even the knowledgeable collector. It is wrecking havoc with ones that are just starting.