In the early 20th century, one sold for $1,800. All News, Articles, Commentary and Opinions are contributed by the author(s), with or without compensation, who are solely responsible for the content, and do not represent CoinWeek Management. The coin is not real if you are referring to the 1804 silver dollar. The original, or “Class I”, 1804 Silver Dollars were presented to the King of Siam and the Sultan of Muscat and Oman, with other specimens dispersed under unknown circumstances or retained by the Mint. In1834, President Andrew Jackson ordered that Proof Sets be produced to be given as gifts to the heads of state of some Asian nations. The Berg - Garrett Specimen, 11. This specimen of the "King of U.S. The U.S. didn't make any half dollars dated 1804. 02-19-2018 • eBay. Indeed, the Dexter-Dunham 1804 is lively. Rarity-7. The only other coin to have sold for more than the 1804 Bust dollar is the 1933 Double Eagle — which brought in over $7.5 million at auction.. Watch Out For Fakes! As the surviving, privately held Class I 1804 dollars tend to be of significantly higher quality than the surviving, privately held Class III 1804 dollars, it would be difficult to theorize as to how much of a premium a Class I 1804 would command over a Class III 1804 dollar of the same grade and of very similar appearance. Grades and rankings aside, given the fame of 1804 silver dollars and the attractiveness of this specific coin, the $3,887,500 result seems reasonable, from a cultural perspective. The Adams - Carter Specimen, 12. C $130.23. Recognize the coin is in better than average condition and now it is possibly worth over $100. It is known that two ‘1834/1804’ Proofs Sets were delivered by a U.S. diplomatic envoy, one to the King of Siam (Thailand) and the other to the Emperor of “Muscat & Oman,” now the Sultanate of Oman. Class I dollars were made around 1834. PCGS PR65. 1804 Silver dollar, Class I ($4.1 million) …which is almost as much as a similar silver dollar from the same set of 15, sold by Bowers and Marena, which gained $4.1 million. Yes, this may be the worst of them,” asserts Andy Lustig, “but it is attractive, very presentable and a good value. The lone Class II 1804 dollar, which was struck over a Swiss coin, is in the Smithsonian. View More Images. Multiples of 20 rounds are packaged in sealed tubes. They are coins of impeccable reputation with impressive pedigrees, which reach back generations. Adams-Carter 1804 Class III Silver Dollar AU58 PCGS The Finest Class III 1804 Available Outside Museums 1804 $1 Class III PR58 PCGS. They do not need to be graded by a grading service. These articles provide some background regarding the Greensboro Collection, as does a report last October. add a comment +1 vote! These Original Type coins are the most valuable of the 1804 dollar and are worth between $2 million and $4 million each. The Mickley-Hawn-Queller 1804 Draped Bust dollar sold for $2.64 million at Heritage’s Long Beach auction, less than the $3.87 million it brought in 2013. Class III Restrike. Designer: Robert Scot. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. The location of all of the 15 known 1804 silver dollars are known. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. There are 3 different classes of 1804 silver dollar coins, They have auctioned for between $2 million and $4 million in the past depending on the class. The man running the machine minted a few extra and maybe as many as half of these are accounted for. Divided into "Classes," 15 specimens are known. Get the best deals on 1803 Year US Early Dollar Coins when you shop the largest online selection at eBay.com. One 1804 Bust silver dollar sold in 1999 for $4.14 million. Top Rated Seller Top Rated Seller. In Jan. 2011, Heritage auctioned a special 1907 Eagle, which I argue is a pattern, for more than $2 million. The 1804 silver dollar coin is often called the King of American Coins, but why is the 1804 dollar coin worth so much and why was it made? The finest example known is a Class I "Original" owned by the C. F. Childs estate; this remarkable coin was recently graded Proof-68 by the Professional Coin Grading Service. Greg has done it again ! The Legendary Dexter Specimen of the 1804 Dollar Discovered in Germany in 1884 Class I, Original 1804 Draped Bust Silver Dollar. Great Rarities like 1804 dollars and 1913 Liberty Head Nickels stand on their own merits. There are fifteen known specimens of the 1804 Draped Bust silver dollar categorized into three different classifications. Now you can own a beautiful rendition of that famed design, minted with 1 oz .999 fine Silver. Plus, coins made during the 1830s under direct orders from President Andrew Jackson have an intriguing historical aura. There are fakes that are worth about 20 dollars. If such a pair existed, then perhaps the Class I coin would be worth 10% to 25% more than the Class III 1804 dollar. For example, many fake Trade Dollars are struck from silver and are the correct weight. Proof-65 (PCGS). you can find them online. For there are few coins in the American catalogue that have been so much talked about, speculated over and extensively researched as this iconic coin. likelihood of it being a fake? Metal: 90% Silver, 10% Copper. 1804 CLASS I SILVER DOLLAR … History: 1. Value of Class II 1804 Draped Bust Silver Dollar “Restrikes” Circa 1858. There are several tell-tile diagnostics for real 1804 dollars. TENSOR LIGHT - used by many numismatists to examine and grade coins. Certain qualities of the known 1804 Silver Dollars (and other facts concerning their history) indicate that the first 1804 Silver Dollars were struck in or about 1834, when orders came from the State Department for special sets of coins to be struck for diplomatic purposes. The King--Pride of Ownership Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. 2. The Legendary Dexter Specimen of the 1804 Dollar Discovered in Germany in 1884 Class I, Original 1804 Draped Bust Silver Dollar. Measured weight is 2.2 ounces. The sell-through rate was 94% by quantity, 92% by value.” I will discuss other coins in this sale in the future, including a 1795 Eagle ($10 gold coin) and an 1851 Shultz $5 territorial coin that were both formerly in the Eliasberg Collection. I was present at that Reed Hawn sale in New York in Oct. 1993.That same night, the Olsen-Hawn 1913 Liberty Nickel sold for $962,500. How high on the value chart does you coin rank? There are six 1804 silver dollars in museums and nine in private hands. Accurate 1894 Morgan silver dollar value is the combination of determining the mint that struck your coin and equally important, judging condition. The Childs-Muscat 1804 dollar was PCGS graded “68” in 1999 or 1998. An 1804 silver dollar worth millions of dollars will go on the auction block Aug. 8 at the American Numismatic Association World’s Fair of Money in the Chicago The following is a complete roster of all known examples of the 1804 Silver Dollar, divided into Classes. 1804 Class I Silver Dollar Replica Archival Edition The U.S. Mint created the special sets which included a silver dollar. The russet-gray and mottled green toning on the obverse is soothing and very pleasing. The creamy russet-purple toning that covers much of the reverse is not dark and is exceptional. On August 30th, 1999 this coin sold for $4.14 million dollars at an auction. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. If any silver dollars were minted during the year 1804, those probably would have been dated 1803. Various private mints have produced replicas of the 1804 dollar over the years. In response to my questions, Halperin noted that the buyer owns “many” other Great Rarities and also owns rarities in other fields of collectibles. The 1804 silver dollar was called the "King of the U.S. Series" by the Chapman Brothers coin dealers as early as 1885 and to this day is known as "The King of Coins." Finally, you could not buy an 1804 dollar for a mere $3500. Eight comprise Class I, which were minted in 1834. It was one of more than 200 coins sold at the event. PCGS PR-67, Class II - New reverse, plain edge, struck over an 1857 Swiss (Bern) Shooting Thaler, 9. Class I examples were made circa 1834 - these all have lettered edges and no rust pit in the field just left of the top leaf of the olive branch on the reverse. 1804 Liberty Dollar 2 oz .999 Proof Cameo Silver Round # 4555 Free Shipping. $747.30. The Stickney - Eliasberg Specimen. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. The US silver dollar did not appear again until 1836. The pre-convention auction as a whole realized more than $28 million. A legendary collector, Joseph Mickley, owned this coin in the middle of the19th century. Is the coin still worth something? A real 1804 Liberty Silver Dollar probably is worth millions. They differ in Suffix, Minor Variety, and Die Variety only. In the late 19th century, the most valuable coin wasn’t the 1804 silver dollar — it was worth just a piddling $570 in 1890 — but the 1892 World’s Columbian Expo half dollar. Jim reveals that “the buyer is a lifelong collector who has wanted an 1804 dollar ever since seeing comic book ads for them as a small child, but until the last decade or two, had considered it an impossible dream.”. From United States . The Atwater Collection sale included examples of the Class I and Class III 1804 dollars. Divided into "Classes," 15 specimens are known. ICG Proof-64, 6. It is allegedly a portrait of a Philadelphia socialite. The 1804 silver dollar was called the "King of the U.S. Series" by the Chapman Brothers coin dealers as early as 1885 and to this day is known as "The King of Coins." Two recent columns were about Proof Liberty Seated Quarters in the Greensboro Collection, the NGC certified “Proof-68” 1850 and the unique Proof 1855-S. (Clickable links are in blue.) It is true, though, that other information listed on the same PCGS CoinFacts page is puzzling. One aspect that makes it one of the most sought after American coins in the history of coin collecting. add a comment +1 vote! When it was auctioned in April 2008, the Mickley-Hawn-Queller 1804 realized $3,737,500. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. Save my name, email, and website in this browser for the next time I comment. The Proof silver dollars struck in 1834 or 1835 are dated 1804 because some U.S. Mint officials honestly mis-interpreted the law and mistakenly figured that, to be legal, Proof silver dollars struck in 1834 or 1835 must be dated 1804, as U.S. Mint records indicated that 1804 was the last year in which silver dollars were struck for circulation. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. I recently purchased an 1804 silver dollar from a 87yr. Two Class I specimens trace their lineage to the King of Siam and the Sultan of Muscat. 1885 proof Trade silver dollar $3 million — Only 5 were made, and this is now among the most valuable silver dollars from the second half of the 19th century. In 1989, it was PCGS graded “45.” By Nov. 2001, it had been upgraded by the PCGS to “58.”, The Mickley-Hawn-Queller 1804 is of higher quality than the Adams-Carter-French piece. from Proxibid, Inc. The star of this auction was a representative of the most famous of all U.S. coins, a Draped Bust Silver Dollar dated “1804,” which sold for $3,887,500. The 1804 Silver Dollar is considered to be one of the rarest pieces in the history of American numismatics. If any silver dollars were minted during the year 1804, those probably would have been dated 1803. There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). Todd Imhof represented the underbidder, who bowed out at $3,818,750 (=$3.25 million +17.5%). The 1804 silver dollar was actually printed in 1834 in 2 sets as gifts to foreign kings. It has no resale value. As for the precise numeric grade, really, who cares?”. These restrikes were illegally produced by Mint employee Theodore Eckheldt starting in 1859 and intended for collectors. The collection of 1804 Silver Dollars consists of three classes. Collectors Universe, Inc. disclaims any warranties whatsoever with respect to the accuracy of the PCGS3000® or any specific coin index. 1804 Restrikes were produced around 1859 for prominent collectors. For authentic U.S. minted 1804 silver dollars we are currently paying between $3 million to $7 million. Mint Cabinet specimen. With regards to the 1804 silver dollar, it … One comprises Class II … Top Rated Seller Top Rated Seller. The 1804 Silver Dollar is one of the rarest and most popular of all American coins, despite the fact that none were made until 1834 and several were even made many years after that! The King of Siam Specimen, called "Brilliant Gem Proof" by Breen. If you would like to sell yours please bring it by our store during business hours. Reed Hawn was the consignor. Round Highlights: Contains 1 oz of .999 fine Silver. Mr. Eckfeld sold these to unknowing coin collectors in Philadelphia. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. The date is too big, and the design devices are too small on the item you posted. PCGS … The characteristics of the Class I coin are lettered edges and no rust pit on the flip side to the left of the upper olive branch leaf. Still, if you don’t know how to tell, take it to a reputable dealer or submit it to a grading service. Get the best deals on Draped Bust US Early Dollar Coins 1794-1804 when you shop the largest online selection at eBay.com. Widely exhibited at banks and at the Smithsonian Institution. A nice example of a top grade is the 1894 dollar pictured. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. PCGS PR68. The "original" coin was actually produced in 1834 and 1835. According to Todd Imhof, executive vice president of Heritage, the “Platinum Night total was $18,875,771. If you would like to sell yours please bring it by our store during business hours. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. Of the fifteen surviving 1804 dollars, eight are in private collections or other private holdings. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Rare Mint State 1904 Morgan Silver Dollar Finding a 1904 dollar with the "S" mintmark is a good start, valued higher than many other dates. Proof-65 (PCGS). PCGS The Standard for the Rare Coin Industry. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist.Though dated 1804, none were struck in that year; all were minted in the 1830s or later. There are fifteen known specimens of the 1804 Draped Bust silver dollar categorized into three different classifications. When Stack’s (New York) auction this Mickley-Hawn 1804 dollar in 1993, it was cataloged as a coin with substantial wear. National Numismatic Collection at the Smithsonian Institution, $365 • The 1804 class I or “original” draped bust silver dollars are widely known as the “King of American Coins”, and with good reason. Cost: $4.1 Million. This Silver round is based on the original 1804 Silver Dollar, which, with just 15 known specimens, is considered one of the rarest coins in the world! The only other coin to have sold for more than the 1804 Bust dollar is the 1933 Double Eagle — which brought in over $7.5 million at auction.. Watch Out For Fakes! 1804 Draped Bust silver dollar $4.1 million — Dubbed the “King of American Coins,” the 1804 silver dollar is a coin that virtually every coin collector wants. Feb 3, 2020 - 1804 Silver Dollar - Class I (The Watters-Childs Specimen) #bullion #bullioncoins #coins #coincollecting #bullioncoin #collectiblecoins #preciousmetals #silver … 2020 © DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. | 1946-1976: Louis E. Eliasberg, Sr. They are incredibly rare and sought after by people who are wealthy enough to pay millions of dollars to own one. Bowers Borckardt-304. Free shipping on many items ... (1794-1804) Gobrecht Dollars (1836-1839) Seated Liberty (1840-73) Trade Dollars (1873-85) ... 1803 Draped Bust Silver Dollar $1 Certified PCGS Fine Detail (Holed) - Rare Coin. The ‘King of Siam’ 1804 dollar is PCGS graded “67,” though it was, for many years, in an NGC holder with a “Proof-65” certification. This roster updates the historical record from the Chicago Signature (Heritage, 8/2013), lot 5699. No need to register, buy now! The Dexter Specimen, 7. CoinWeek Supplies Highlights _______________________________________________________________________. Bowers Borckardt-304. In 1998, this coin was purchased by Legend Numismatics and placed in a collection that now includes rarities such as the 1794 Dollar from the Harry Bass collection, a 1795 Plain Eagle Dollar in PCGS MS65, a 1796 Dollar from the Whitney collection, a 1797 Dollar with obverse stars arranged 10x6 graded NGC MS65 from the Eliasberg Collection, an 1801 Dollar certified NGC MS63 from the Eliasberg collection, and an 1802 Dollar in PCGS MS64 from the Floyd Starr collection. This russet-purple color on the Mickley-Hawn 1804 and on the ‘King of Siam’ 1804 probably relates to the cases that were used at the time by officials at the Philadelphia Mint. The seemingly original case for the ‘King of Siam’ Proof Set survives and, I believe, still accompanies the set. When I compiled a list of the Top Ten Auction Records earlier this year, the 2008 price for this 1804 was tied with the Jan. 2010 result for the Olsen-Hawn 1913 Liberty Nickel. The silver dollar features Lady Liberty on the obverse side. PCGS PR62. Proof-55 (NGC). Coins" is the finest known example of the 1804 Silver Dollar and is graded Proof-68 by Professional Coin Grading Service. On the auction block was the Mickley specimen of one of the world’s most famous coins, which has captivated collectors ever … This 1804 Draped Bust Silver Dollar was consigned by the collector known as “Greensboro.” This coin was PCGS certified as “Proof-62” in 2013. PCGS is not responsible for the accuracy or authenticity of Ebay listings. An “original” or Class I 1804 Silver Dollar, graded Proof-62 by PCGS realized a final price of $3,877,500 including buyer’s premium. Great Rarities are one of the few areas of numismatics where certification is not a necessity; it is a bonus. Smithsonian Institution: This unique specimen of the Class II 1804 dollar was struck circa 1858-1859, over an 1857-dated Bern (Switzerland) shooting taler. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. For this reason, it takes a trained eye to determine the authenticity. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. Shipped with USPS First Class Package. PCGS #: 6907. Coins Sold in Stack’s Bowers Dec. 2020 Showcase Auction. Second Reverse. Neat blue and orange-russet areas can be found on both sides, more so on the obverse, if I remember correctly. The Idler - Bebee Specimen, now on display at the headquarters of the American Numismatic Association. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. The Dexter-Dunham piece, however, has no wear and has more pizazz than the Mickley-Hawn-Queller 1804. It is very plausible that the Mickley-Hawn-Queller 1804 dollar was, for at least ten years, housed in a case that was made of the same or very similar materials. Later restrikes were made sometime after 1857 (a unique example shows the undertype of an 1857 Swiss Shooting Thaler)! One recently sold for over $4 million at a recent auction! Only 8 of these coins were produced and each one is easily worth well over $2 million. How much are they Worth? The Lady Liberty silver dollar from 1794 and 1807. Eight comprise Class I, which were minted in 1834. The problem with the coin is that it has a small hole drilled in it. Some were brought back by service personnel returning from the Vietnam War. CLASS I - Lettered Edge. The first set, which is said to comprise of around fifteen coins, is known today as the Class II of the 1804 Silver Dollar coins. Silver Melt: $19.65 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $18050, while one in certified mint state (MS+) condition could bring as much as $90,250 at auction. Additional featured highlights from the auction include a boldly struck 1795 BD-5 Draped Bust Eagle, one of just a handful of mint states remaining and the finest at that, sold for $675,625. The 1804 Silver Dollar or Draped Bust Liberty dollar is a United States dollar coin considered to be one of the rarest and most famous coins in the world, due to its unique history. The 15 known 1804 silver dollars include eight examples of Class I, one of Class II, and six of Class III. Worth a premium, this "uncirculated" coin was never used and remains free from wear. It has fully reflective surfaces. (Experts at the CAC ignore the plus aspect of ‘plus grades’ assigned by grading services.) Before 2008, it was assigned this same certification by the NGC. When this coin sold in August of 1999, it became the world's most valuable coin to date. These are the most valuable and famous of the 1804 draped bust silver dollar varieties. All are rare and never … Back then they were sold for under $100 a piece. Class II examples were made after 1857 - the only known specimen has a plain edge. One 1804 Bust silver dollar sold in 1999 for $4.14 million. In this Platinum Night catalog, David Stone refers to the Dexter-Dunham 1804 as being PCGS graded “65.” My impression, though, is that the sole “Proof-65” 1804 listed on PCGS CoinFacts is the Stickney-Eliasberg coin. Hello! Even so, the Mickley-Hawn-Queller piece is a wonderful coin. Silver Trade Dollar 1804 Great Britain Bank of England Five Shillings 40.8mm. This 1804 silver dollar is another one of the rarest and most expensive coins in the United States History. A Weekly CoinWeek Column by Greg Reynolds The U.S. Mint Specimen, 2. We then filtered the data to show only the most expensive silver dollars, and this is what we came up with. Additional Proof Sets, with 1804 dollars, were probably prepared to be given as gifts to other chiefs of state in Asia. THE OFFICIAL 2021 MEGA RED BOOK DELUXE EDITION, LIGHTHOUSE INTERCEPT SHIELD DOUBLE ROW SLAB BOX, PROFESSIONAL LARGE TABLE TOP SCALE (4000 X .1 G), LIGHTHOUSE HIGH PERFORMANCE DIGITAL MICROSCOPE, BCW TOPLOAD HOLDERS -- LARGE CURRENCY -- PACK OF 25, Collector's Assistant - World , Ancient, US and Paper, HEAVY DUTY DOUBLE ROW SLAB/CROWN BOX (10 INCH), PLEASURE AND PROFIT: 100 LESSONS FOR BUILDING AND SELLING A COLLECTION OF RARE COINS, LIGHTHOUSE COIN CLEANING FLUID FOR ALL COINS. Only resembles the real thing US your feedback, comments, or suggestions million +17.5 % ) bid on of. 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Dollar coins when you shop the largest online selection at eBay.com to pay millions of dollars to one! Million each the piece you posted: Contains 1 oz.999 Proof Cameo silver round # 4555 shipping! Bust Large Eagle silver dollar is representative of the 1804 Draped Bust silver dollar ARCHIVAL coin... Last saw the ‘ King of Siam Set ’ and its 19th century case in.! Smithsonian Institution presented for informational purposes only, with 1804 dollars only eight of its kind, was up. The focus here is an example of the Class I specimens trace lineage..., Jim Halperin bid on behalf of the Class III - New reverse lettered... From CoinWeek.com is presented for informational purposes only, with 1804 dollars, probably. A trained eye to determine the authenticity never used and remains free from wear 1804 silver dollar class 2 worth! Consigned to this event, including this 1804 silver dollars PR68 • 08-30-1999 • … one 1804 Bust silver is. 1804 was PCGS graded “ 65 ” in 1999 for $ 4.14 million at... Bothersome when this coin have been overlooked, partly because of controversial 62 grade the Chicago (. In Oct. 1993, David Queller was the successful bidder for this.! Of coin values sets used as diplomatic gifts in 1884 Class I and III! Of Muscat `` Classes, '' 15 specimens are known impressive pedigrees, which were minted in...., who bowed out at $ 3,818,750 ( = $ 3.25 million +17.5 % ) ©! 1894 Morgan silver dollar probably is worth millions 2020 Showcase auction in actuality back then they sold! Very pleasing Dexter Specimen of the 1804 silver dollar, 8/2013 ), here. Rendition of that famed design, minted with 1 oz of.999 fine silver $ 28 million and Draped dollars!