The seller is somebody, just like anybody else (albeit some are dishonest), and they have found or purchased or created these coins and are attempting to sale them to make money.
In line with a Wisconsin-primarily based legal professional, it is a developing dilemma and people have to be diligent over it.
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In general, the rim of the Trade dollar is rather flat and of the uniform width- generally no broader than a dentil is extended (measured along the radius of the coin.) Coins with fat or puffy on the lookout rims are suspect. The dentils are very uniform and evenly spaced, concerning the only variability they have is usually that from time to time they're going to look like frivolously struck on a little area in the coin.
On more recent bills issued due to the fact 2006 and onward, the seal capabilities an eagle perched in addition to a crest, surrounded with the text “UNITED STATES FEDERAL RESERVE SYSTEM.”[9] X Research source
With regard to edge reeding, this is yet another area where forgers often appear up brief. It just is just not a aspect with the coin that men and women pay Considerably awareness to, it always is just not a attribute of auction pics, and most slabs disguise it (apart from the Considerably-maligned NGC Edgeview). Below is a photo of the sides of three trade dollars jointly. A fake on either side, counterfeiting money in the usa and a genuine one in the middle.
Produce a Notice of the overall description of who handed the bill for you along with the conditions on the exchange. If it was a personal a single-on-one transaction (IE: social media marketing marketplace, garage sale order) try to include motor vehicle facts and what you recall concerning any companions that were with the person.
Generally, the paper employed is different from ordinary paper: They're the rag papers and they're much far more resilient, resists dress in and tear which may last for a longer period.
I use the traditional or collector grading described in Accumulating Confederate Paper Money along with 3rd party grading with my modifying stickers indicating superior notes – in addition, preference and gem for the grade.