Readers Ask column from March 14, 2016, Weekly issue of Coin World:
I clean out houses and found this 1776-dated coin and wanted to know what it was. Is it real or fake? Is it worth anything?
Krisha Sharpes / via email
Unfortunately, it is not genuine. What you found is a crude replica of a 1776 Continental Currency dollar bearing on the obverse the variant with the intended word “CURRENCY” misspelled “CURENCY.”
Your piece has no collector value. Had it been a genuine coin struck in pewter or silver, it would have considerable collector and investment value, the exact value depending on composition and condition.
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For example, a 1776 Continental, CURENCY dollar in pewter graded Mint State 64 by Professional Coin Grading Service sold in an April 30, 2009, Heritage Auctions sale for $195,500.
A Numismatic Guaranty Corp. graded Extremely Fine 40 example in silver brought $1,527,500 in a Jan. 8, 2015, Heritage Auctions session.
Spelling variations abound. Genuine varieties have “currency” spelled as CURRENCY or CURRENCEY in inscriptions on the coins.
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The giveaway that the piece you discovered is not a genuine coin is the existence of the seam on the edge.