Help with labelling, grading, and pricing draped bust 1796 1 1

[matina]

Hello. I want to sell this 1796 draped bust coin and need help with it. I think it's small letters, small date. I don't know if it's considered a dime or half dime.

I would like to know what grade it would be considered as, and what would be the average selling/buying price.

Also it would be nice if someone could suggest me the best places and ways to sell it around Washington, DC.

Thank you.

[Sandon]

   Welcome to the NGC chat board.

   Unfortunately, your "coin" is a crude counterfeit, probably of a Draped Bust, Small Eagle reverse silver dollar based on your photos showing it occupying the entire width of your fingers. (If you must hold a coin you think is valuable with your bare hands, hold it by its edges.) It is probably made of base metal and has no value. That the piece is not genuine is obvious for a number of reasons, one of which is that the raised, flat rim encircling it is indicative of the use of a "close collar" that wasn't used for any U.S. coins until 1829 and not for dollars until 1836.

   Here is what a genuine 1796 silver dollar with a small date looks like (NGC Coin Explorer photos):

 

 

[JT2]

i didnt even hesitate on that one...........

[Greenstang]

Agree with the above.

That is a one look counterfeit. The rims and date are dead giveaways.  
No value except as a novelty.

[matina]

Thanks everyone for gently pointing that out.

Yes, it seems a very obvious replica. I have no knowledge on coins, so I didn't immediately figure that out.

[GoldFinger1969]

On 7/10/2023 at 6:59 AM, matina said:

Thanks everyone for gently pointing that out. Yes, it seems a very obvious replica. I have no knowledge on coins, so I didn't immediately figure that out.

Where or when did you get it ?  How much did you pay ?

[GoldFinger1969]

On 7/10/2023 at 5:45 AM, Sandon said:

Unfortunately, your "coin" is a crude counterfeit, probably of a Draped Bust, Small Eagle reverse silver dollar based on your photos 

If it were a legit coin, then raw...how much would it have been worth ?  Ballpark.....

[Just Bob]

On 7/10/2023 at 5:59 AM, matina said:

Thanks everyone for gently pointing that out.

Yes, it seems a very obvious replica. I have no knowledge on coins, so I didn't immediately figure that out.

It isn't just a replica. It is a counterfeit coin. Selling it would be against the law.

[Sandon]

On 7/10/2023 at 10:15 AM, GoldFinger1969 said:

If it were a legit coin, then raw...how much would it have been worth ?  Ballpark.....

   It is difficult to assign a grade that would pertain to a genuine example to this counterfeit piece.  Much of its roughness, discoloration, and uneven or incorrect details relate to its being a (probably cast) counterfeit than to environmental or other damage or alterations that may befall a genuine coin.

  An unimpaired 1796 silver dollar currently lists $2,150 Very Good, $4,000 Fine, $4,900 Very Fine, and $10,250 Extremely Fine in the NGC Price Guide (retail prices).

[USAuPzlBxBob]

Interesting to chronicle "the hand" still occurring for matina at Joined: 20 hours ago, 2 posts.

(a data point of reference)