Reading: 1776 Continental coin real?
While Coin World does not authenticate coins or other numismatic items, it can offer some data that will help steer Ms. Scott, and other collectors with exchangeable questions, in the right guidance .
Because the 1776 Continental Currency dollar is a historical coin, it has been widely reproduced for sale as a keepsake. Legally struck pieces are marked with the incuse word COPY, to distinguish them as replica in accord with the Hobby Protection Act of 1973. Some replica pieces minted anterior to the Hobby Protection Act, but lacking the son COPY or other features distinguishing them as replica, distillery exist. It is possible that Ms. Scott ’ mho part is one of these. As good, some 1776 Continental Currency dollars are considered “ restrikes, ” such as those produced in 1876 to celebrate America ’ s Centennial.
In addition to being restruck and replicated as a keepsake, the 1776 Continental Currency dollar has besides been copied to swindle contemporary collectors. Because a genuine example is rare and easily sells for many thousands of dollars when offered at auction or by individual sale, it makes a desirable prey for counterfeiters. Collectors should stick to authentic sellers and certified examples if buying one of these coins. In order to know with certainty if it is genuine, Scott would need to have her piece examined and authenticated by a reputable expert in Colonial coins, such as one employed by a third-party grading service. authentication requires clock time and cost, though, so Scott and other collectors in the lapp situation should first take steps to educate themselves. The logical first step is to acquire and read numismatic works that cover the subject in astuteness. The most late bible covering this subject is the Whitman Encyclopedia of Colonial and early on american Coins, by Q. David Bowers, which features full-color pictures and detail descriptions of the coins.
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Collectors may besides wish to acquire a copy of Eric P. Newman ’ s booklet 1776 Continental Currency Coinage & Varieties of the Fugio Cent. Scott could besides compare her patch to images of know actual examples found online at numismatic auction websites, such as the Heritage Auctions part illustrated above. Coin World ’ s Readers Ask department does not accept coins or other items for examen without anterior permission from staff member Erik Martin. Readers Ask besides does not examine error or variety coins. Materials sent to Readers Ask without prior license will be returned unexamined. Please address all Readers Ask inquiries to emartin @ coinworld.com or call 800-673-8311, Ext. 274 .
