This is only the fourth gold dollar on our listing of counterfeits most often seen by NGC. As has been the case with many of the other gold counterfeits on the list, this date is not particularly rare. In fact, it is one of the more common gold dollars. However, with less than a twentieth of an ounce of gold in each piece, the numismatic value of gold dollars far outweighs the bullion value. This allows an enterprising counterfeiter to buy one gold double eagle for near melt and transform it into twenty gold dollar fakes which bring many multiples of their gold value. Read more >