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Mystery Dollar from Chloe
A coin from chloe
Date on coin: 1877
Mint mark: o
Country: United States
Denomination: one dol.
Size: large
Composition: could be silver
Description: United States of America, eagle with 'sandwich board' shield, 'o' mint mark, 'one dol.' other side: seated liberty with shield, year 1877.
Wear: worn
Toning: not specified
Error: the year 1877 looks odd. the 77 is sharper than the 18. shadows of other numbers appear around the date, notably what looks like a 50 to the right of
Damage: scratches, nicks or gouges
[coin 1298 entered Sun, 13-Sep-2009 22:32:19 GMT, visitor 26846]
CoinQuest Response
Mystery Dollar from ChloeChloe accurately describes a Seated Liberty silver dollar, but they did not make Seated Liberty silver dollars in 1877. After an e-mail exchange, Chloe sent us a picture of her mystery dollar. Something, isn't it?

The only SL dollars with an O mint mark were struck in 1850, 1859, and 1860. Since the O mint mark plainly shows, It looks like the date 1850, 1859, or 1860 was changed to 1877. Look at the date closely. You can readily see the alteration.

We contacted Alan Herbert, repsected author of Coin Collecting 101, as well as Dan Moore of Working Man's Coins. Both of these experts say the same thing. Chloe has a modern Chinese couterfiet of a non-existant US coin. You can see Dan's full answer at AllExperts.com.

In summary, the value of a modern Chinese counterfiet is essentially zero. In America, it is illegal to own counterfeit coins unless they are properly annotated with the word COPY stamped into the design.
 
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