Jack D. Young. Coins, American [47] However, numismatist S. Hudson Chapman believed that some Class III dollars were struck as late as 1876. Skip to main content. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. [71] A Class I specimen brought $77,500 at a 1970 Stack's auction, and during a 1980 rise in coin prices, a Class III example sold for $400,000 by Bowers and Ruddy Galleries. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. [66], From the time numismatists became aware of 1804 dollars, they have commanded high prices, both in relation to their face value and the numismatic value of other silver dollars. Dexter's collection of silver dollars was complete by date from 1794 to date, including a set of Proof trade dollars acquired at the same sale as the 1804. CHICAGO Known by collectors as "The King of American Coins," an 1804-dated U.S. silver dollar specially made on behalf of President Andrew Jackson, and still in mint condition, sold for $3,877,500 at Heritage Auctions on Friday, Aug. 9, exceeding the pre-sale estimate of $3+ million. Like this post? With that said, the 1804 silver dollar wasnt done being restrike when in the late 1870s, the coins were subject to another restrike. Also, according to the USA Coin Book, an 1804 Class III (Draped) silver dollar is worth a whopping $2,249,605! previous, back to Through the actions of the Mint and numismatists around the world, we have been given a beautiful and fascinating coin with a history that can make us realize how small the world really is. Circulating [4] According to the act, the dollar, or "unit", was to "be of the value of a Spanish milled dollar as the same is now current, and to contain three hundred and seventy-one grains and four sixteenth parts of a grain of pure, or four hundred and sixteen grains of standard silver". Perhaps 2,300 to 2,500 still exist, making the 1802 dollar a decidedly scarce coin. Struck 1794 $1 fake. Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. [9] At that time, silver bullion was supplied to the Mint exclusively by private depositors, who, according to the Coinage Act of 1792, had the right to have their bullion coined free of charge. Moreover, the exact cost may differ depending on the type or class of the 1804 silver dollar. They were needed to complete the set, so the Mint made new dies with the 1804 date. In the early days of the Mint, dies were saved and reused as an economic measure. Scot is perhaps best known for his design, the Draped Bust, which was used on many . The story of the 1804 Bust silver dollar told here is only the tip of the iceberg to a complex and colorful tale that you will certainly want to read much more about! [75] In 2008, a Class I example was sold by Heritage Auctions for $3,737,500, and a Class III was sold by the same firm for $2,300,000 in 2009. [27] All dollars struck for inclusion in the diplomatic gift sets were likely dated 1804. Today, it is owned by Spectrum Numismatics, who bought it in 1993. Metal Coins, back to As a result, past owners kept this coin under wraps. In 1885, James Dexter acquired it and stamped a small "D" in one of the clouds on the reverse to mark it as his own, a mark it still bears today. Zoins Posts: 32,897 . 1804 Draped Bust Dollar Silver Proof COPY by Gallery Mint Museum Ron Landis $150.00 Seller: coinscape (3,395) 100% Buy It Now +$4.95 shipping 11 watchers Sponsored 1804 Dexter Dollar Proof Copy Sterling Silver (US-511) $40.00 Seller: richstachurski (9,323) 100% Buy It Now +$4.00 shipping Sponsored How can I distinguish between a genuine U.S. coin and a replica? [51] Interest in coin collecting and the 1804 dollars began increasing, and by 1860, the dollars saw extensive coverage by numismatists. Real Helpful. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. The Hobby Protection Act requires that all imitation coins and other numismatic items be permanently marked with the word COPY. with the Liberty Cap half cent. liu_2's store. Join now and also get a welcome voucher code for $5. American $1 Coins, SHOP Supposedly, a former slave gave this coin to his son, who kept the coin for over 40 years and then sold it to W. Julius Driefus. Only seven (Draped) 1804 silver dollar examples were ever minted. [44] The obverse coinage die used to strike the Class II and Class III 1804 dollars was deposited in safekeeping in 1860, and the reverse die was destroyed in that year. And all, it is now believed, were made from dies left over from the previous year or two. It was passed down through her family along with the rest of the set, and then sold it to David Spink, who, at the 1963 ANA Convention announced its existence and filled in the missing pieces of the dollar's history. Looking for gold and silver coins? . [72], Counterfeits and spurious reproductions of the 1804 dollar have been created since numismatists became aware of the coins' high value. Coin Replica Silver Rounds Show Items 40 80 120 Sort By List Grid Top Pick 1/10 oz Silver Round - APMEX (Mercury Dime) $5.81 As Low As Top Pick 1/10 oz Silver Round - Buffalo $5.71 As Low As 1/10 oz Silver Round - Walking Liberty $5.71 As Low As 1/10 oz Silver Round - Incuse Indian $5.71 As Low As 1/10 oz Silver Round - Morgan Dollar Design December 15, 2018 11:06PM edited October 15, 2020 11:56PM in U.S. You may copy it, give it away or re . Of course, you don't have to be a dedicated collector to enjoy the variety of Are coins not your thing? Facilities, Production 1912. It finally came to John Hopkins University after the death of John Work Garrett. Spent most of its life in possession of the Eliasberg family. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. We've detected you are on Internet Explorer. Lately I have seen similar coins and Morgan silver dollars from a company called Aprilera. 6 days Left 1804 US Colonial Large Cent- Flowing Long Hair $85. At the sale of his collection, it was purchased by Byron Reed, who in turn willed it to the Omaha City Library. [21] Later, in a letter dated December 2, 1834, Forsyth directed Moore to include "national emblems" (including an eagle and stars) on the exterior of the cases. PCGS Proof-65 , Parmalee-Reed Specimen (Formerly owned by Byron Reed. Original color woodcut. Heres some advice on how to find a good coin dealer: https://coins.thefuntimesguide.com/coin_dealer/. Meanwhile, class III coins feature lettered edges. [35], Collectors first became aware of the existence of the 1804 dollar in 1842, when a pantograph reproduction of one specimen was featured in A Manual of Gold and Silver Coins of All Nations, a work authored by Mint employees Jacob R. Eckfeldt and William DuBois. tyson jost dad; sean penn parkinson's disease; mockingbirds attacking my cat The last of the elite eight, the Watters coin, is now the finest 1804 known and was the coin originally sent to the Imam of Muscat in 1834. Officially, Roberts was a "special agent", but he was described in a later State Department document as a "Special Envoy". We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. This saved the expenses and painstaking process of creating new dies every year. In fact, the 1804 Bust silver dollar is perhaps the most famous of all rare coins! Coinage of silver and gold coins started in 1794 and 1795. Im a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. Moreover, other sources state that the coins melted due to the coins bullion value exceeding its face value. 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. However, these 1804 silver dollars were actually dated 1803 or earlier! It may be silver and have value, but it was not made by the US mint. Perhaps the most ironic part of the story is this: 1804 Bust silver dollars were not struck in 1804! The highest price ever paid for a Proof 1895 Morgan silver dollar was $269,500 in June 2020 at David Lawrence RC Internet Auction #1123 for a coin that is graded PCGS Proof 67+ DCAM. In 1804 he was arrested and manacled for fifty days for making illegal prints depicting . [65] Additionally, many 1804 dollars were struck in proof finish, a technique which was first employed at the Mint in 1817. [41][39] According to DuBois, five coins were known to be privately owned, of which four were recovered. "[15] Though none had been struck for over two years, Secretary of State James Madison officially suspended silver dollar coinage on May 1, 1806, addressing a letter to Patterson: Sir: In Consequence of a representation from the director of the Bank of the United States that considerable purchases have been made of dollars coined at the mint for the purpose of exporting them, and as it is probable further purchases and exportations will be made the President directs that all the silver to be coined at the mint shall be of small denominations, so that the value of the largest pieces shall not exceed half a dollar.[16]. In 1842, two Philadelphia Mint employees published their book, A Manual of Gold and Silver Coins of All Nations, Struck Within the Past Century, which showed a plate of a United States 1804 silver dollar. Two 1 troy oz .999 Fine Silver Rounds & 1889 CC Morgan Proof Copy Dollar (100 mil .999 Fine Silver Clad Base) with COA.. US $ 0 . 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. Real Experiences. [6] However, the dollars were mandated by Spanish law to contain 90.2 percent silver, and most of the unworn examples in circulation in the United States at the time contained approximately 1.75 grains (0.113g) more than the silver dollars authorized by the Act. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. Bob concludes that zero 1801, 1802, 1803 or 1804 dollars were struck during the 1870s. In Saigon and other South Vietnamese cities, as well in nearby Thailand, military personnel were offered the copies by vendors who sometimes claimed that they were family heirlooms. Many fantastic speculations were made as to what happened to the coins, but the real reason for this low survival rate is that none of the 1804 dollars were actually struck in that year. With regards to the 1804 silver dollar, it was never a circulated coin. Of course, there are no off-center bust varieties for the year but here you have one complete with the fang marks and stamped REPLICA. With each (sets of) coin(s) having a different story to tell, deciding whether its sky-rocketing price is justified remains up to you. Im the Coin Editor here at TheFunTimesGuide. While the Sultan of Muscat proof set no longer exists as a complete set (along with its luxuriously crafted wood and leather box), the King of Siam proof set remains intact and has surfaced in recent decades. Gold Coins The Director of the Mint, James Ross Snowden, demanded them back. The 1804 silver dollars were produced in 1834 during the time in the office of the seventh U.S. President, Andrew Jackson. The oval has the words "FIVE SHILLINGS" and "DOLLAR" stamped on it. Penny Material:solid brass Penny Color:silver Penny Finish:retro Size:37.7mm Weight:22.9g This item is a craft supplies,you can use it in many different way At first glance, one may think that the 1804 silver dollars were minted in 1804, which is a rookie mistake. The Berg specimen was first sold from the Mint by Captain John W. Haseltine, who was involved in the sale of 4 out of the six Class III coins. Because silver dollar production had stopped after the 1803 date, there weren't any dollars bearing the 1804 date. How can I distinguish between advertisements for genuine U.S. coins and those for coin replicas? U.S. gold coins were undervalued compared to silver, so they were exported and melted. MarkFeld Dealer Member: Seasoned Veteran [19] Roberts was given items which were to be presented as gifts to the officials with whom he was negotiating, but described them as being of "very mean quality, and of inconsiderable value". [38] Several were struck at the Mint in 1858. The King is not dead. Your email address will not be published. The 1804 Draped Bust silver dollar is full of history and interesting twists and turns! The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. US $ 0. [81][g] One such coin in the collection of the San Francisco Mint was described by them as genuine from 1887 to 1927. 1804 Class I Silver Dollar Replica Archival Edition: This beautiful silver-plated 1804 silver dollar copy is a painstakingly detailed reproduction of one of the most famous and difficult to own coins ever produced by the U.S. Mint. Then, in 1971, Stack's sold it to James McConnell, Jr. who still owns it now. Liberty Coin & Currency specializes in rare coins and currency. The exception to this is one dollar, which is now in the Smithsonian Institution's National Coin Collection with other pieces from the Mint Cabinet. Currently in the custody of the Durham Western Heritage Museum of Omaha, ICG Proof-64 , Mickley Specimen (Owned by Joseph J. Mickley at an auction (byHeritage Auction Galleries) for $3,725,000. For instance, most (original) 1804 draped silver dollars are graded by third-party coin-grading companies, such as Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS. [48] In 1875, several were sold by Philadelphia coin dealer John W. Thanks! For the best and most secure experience in our catalog, please update your browser. Dollars, Native & Medal Programs, Tours Fine Silver .999 Bullion Round Pre-Owned C $107.19 Top Rated Seller Buy It Now Seller: rarevintageplus (11,296) 99.8% from United States Sponsored Results matching fewer words 1804 CLASS I SILVER DOLLAR ARCHIVAL EDITION COIN PROOF - VALUE $99.95 C $48.22 Top Rated Seller or Best Offer from United States Long live the King!". The only possible solution to this mystery is that James V. Dexter . Numismasters Story Of The 1804 Bust Dollar, Coinfacts 1804 Silver Dollar Information, Buyer Beware: Deceptive Coin Advertising Words & Phrases You Should Watch Out For, https://coins.thefuntimesguide.com/slabbed_coins/, https://coins.thefuntimesguide.com/coin_dealer/. It was sent to a sale in Germany by the Chapman brothers, who then bought it back. The Dexter 1804 silver dollar is one of the world's great "story coins." Without its story, this coin would be just another high-grade proof, Draped Bust silver dollar. When I say this, I dont mean, Read More Rare And Valuable 2022 Quarter Errors: Lets Do Some Pocket HuntContinue, With the recent unfortunate event, it seems like Queen Elizabeth is everywhere. I was wondering the same thing. [34] In total, eight specimens of this type are known today. Then, in May of 1843, Matthew A. Stickney of Boston exchanged a 1785 IMMUNE COLUMBIA in gold for an 1804 specimen and became the first outside collector to attain one. There are also a few varieties of these coins and only around 20 of them are known to exist. One 1804 Bust silver dollar sold in 1999 for $4.14 million. CoinTrackers.com estimates the value of a 1799 Draped Bust Dollar in average condition to be worth $796.00, while one in mint state could be valued around $22,118.00. By Erin Theis - Authentic ones have either lettered or plain edges and proof surfaces . The 1795 off-center bust, known as variety B-14 or BB-51, is unique to the date and an obvious bad numismatic choice for a family of differently dated counterfeits! Early Dollars (1794-1804). Click to Learn More. We are also gold, silver, diamond, currency and jewelry buyers. [12] Mint Director Elias Boudinot began encouraging depositors to accept fractional coins, and the production of dollars began to decrease in relation to the smaller coins. He placed one of these first restrikes in the Mint Cabinet Collection and supposedly had the others melted down. I first chose the coin because of the abundance of information available, but after reading and learning about it, I can agree with what Kenneth Bressett said in his piece on the dollar, "The King of Coins was originally made for a king, and has held its royal place ever since. Meanwhile, a Class I (1) Original Draped 1804 Silver Dollar was sold for an impressive $7.68m. [78] All silver dollars dated between 1800 and 1803 were subject to alteration to 1804 dollars, but 1801 was the date most commonly used for that purpose. Mint Specimen (Preserved for the U.S. Mint collection and later transferred to the Smithsonian Institution , Stickney Specimen (Owned by Matthew A. Stickey from Salem, Massachusetts. [24] Two sets of coins, minted in proof finish, were completed and delivered along with their boxes to Roberts shortly prior to his departure on the USS Peacock on April 27, 1835. Bags, & Boxes, Code Silver Dollars and Trade Dollars of the United States. Read more in our privacy policy. Because the features vary from product to product, it is very difficult to offer general guidelines in . I Did A Test Silver & Weight Was Correct. Meanwhile, a Class I (1) Original Draped 1804 Silver Dollar was sold for an impressive $7.68m. Businesses do not need the U.S. Governments permission to produce replicas of U.S. coins, unless the U.S. Government owns copyright in the coin design in question. [60] In 1867, numismatist W. Elliot Woodward acknowledged that 1804 dollars were struck as diplomatic gifts in 1834, but he also believed that others were struck in 1804. Required fields are marked *. Melted or not, plundered by Barbary pirates or not, the history of the 1804 silver dollar remains quite an interesting story. The new design was similarly short . [77] Nineteenth-century stage actor John T. Raymond purchased a specimen of the coin, which was later revealed to be a forgery, for $300. With that said, lets shed some light on how the 1804 silver dollar came into being and its contribution to history. The Class II (Draped) 1804 silver dollars were subject to a new die and consisted of bead-less borders to match the latest coin minting requirements. The coins that the then-Asian rulers received belonged to the Class I group; hence, their ridiculously high valuations. A closer look at the mentioned coin would reveal that the specimen was in possession of the Sultan of Muscat and Oman, Said Bin Sultan (1791 1856). The class I (or original) 1804 silver dollars can be seen embedding the words STATES and OF spaced closer as compared to the writings found on the class III coins. But what makes these 1804 dollars so special? The Draped Bust, Heraldic Eagle Reverse silver dollar was introduced in 1798 as an update to the Small Eagle Reverse type that had been minted from 1794 to 1798. "If you climb a good tree, you get a push." -----Ghanaian proverb. According to the U.S. Mintage records, a total of 19,570 1804 silver dollar coins were minted; however, only 15 examples can be identified. So, the 1804 silver dollars and history have a lot in common. 1804 BB-304 Draped Bust Silver Dollar Value 1804 BB-305 Draped Bust Silver Dollar Value 1804 BB-306 Draped Bust Silver Dollar Value What to Know Before You Sell. It has no resale value. [76] Although Bolen added his name to the edge of the coin, other forgers created altered date coins with the intent to deceive. Medals, Email & Save on delivery. Breen, Walter. The Stickney specimen is none other than the coin that Matthew Stickney got directly from the Mint in 1843. Real People. legalized games of chance control commission; 1st brigade, 1st armored division If you like a replica because of the way it looks (e.g. The Coinage Act of 1792 set the ratio of silver to gold at 15:1, which was different than the world market. I recommend your friend has the coin professionally graded to check for its authenticity. Type: Draped Bust Dollar. 2023 DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. The King of Siam coin has traveled the world in its history, and was owned by three kings before being given to Anna Leonowens, who was none other than Anna of Siam, the main character in The King and I. Haseltine. The set was dismantled and the dollar went first to Virgil Brand and then to his brothers Armin and Horace. One of Americas earliest silver dollars, the Draped Bust dollar, is a popular numismatic collectible and investment coin. They were kept in a sealed box until 1868, when Snowden's successor opened the box and had the dies destroyed. I can just imagine sitting on a collection of counterfeits that I unknowingly "got a good deal on". All were minted during the year's first quarter. The table below shows the different nicknames associated with the various classes of 1804 silver dollars: Nicknames of Known 1804 Silver Dollar Specimens. All payments for sales are strictly in U.S. dollars via PayPal, credit cards, personal checks, cashier checks, bank money orders and wire transfers, and are subject to all reporting requirements. Looking for gold and silver coins? SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. 1992 by Highfill Press, Inc. Thus, identifying an 1804 counterfeit can be quite straight forward. Mint Mark: No mint mark. After the initial minting of eight pieces, two restrikes were issued for collectors. "[64], According to Newman and Bressett, the manner in which the 1804 dollars were produced is proof that none were struck in 1804. What is the value of 1804 silver dollar copy from gallery mint museum eureka springs AR 1992 in box as shipped with a . The table below shows the value of an 1804 silver dollar over time: Thanks to its incredible exclusivity, it has become rare to see an 1804 silver dollar (original or otherwise, re-cast) exchanging hands. 3 days Left 1923 German Stamp Album that References England Using Stamps 4 Espionage & Germany's Economic issues $55. In an effort to assist consumers to discern the differences, the United States Mint provides a side-by-side comparison of a few genuine U.S. coins and their replica counterparts in Tips on Identifying Genuine U.S. White circles indicate common markers; note: the breaks at stars 4 and 5 are common to the genuine variety and duplicated in these two as well. [25] The dollars included the sets bore the Draped Bust design, depicting an allegorical representation of Liberty on the obverse and a heraldic eagle on the reverse. It was common practice in those days to use dies as long as they were serviceable, and it is likely that all silver dollars stuck in 1804 were actually dated 1803. This example eventually came to the Carter family who sold it to L. R. French, Jr. After the sale of his collection, this coin went to Rarities Inc., then to the National Gold Exchange, and finally to Heritage Rare Coin Galleries. In 1834, two special proof sets were produced as gifts for the King of Siam and Sultan of Muscat. [65] However, the edge lettering on all Class I 1804 dollars is deformed and partially obliterated, meaning that they were not struck in an open-collared coinage press as was used in 1804, but one which used a steel collar that was not introduced to the Mint until 1833. Do you have any questions or concerns? A copy after the original painting by Frederick George Cotman (1850-1920Z) titled, "One of the Family" a charming depiction of a rural family dinner. 1804 Bust Dollar with "copy" stamp - Worth anything By Lee, 13 years ago on Stamps & Philately 11,085 I have this coin and I looked it up on the rare coin sites. Cut short, only 6 7 cases of class III (Draped) 1804 silver dollars are accounted for. Coins for Sale Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. There were two empty openings in the case: one the size of a, Electrotypes were created by making a wax impression of both sides of the coin, coating the impressions with, Last edited on 16 November 2022, at 04:57, Laws of the United States Relating to the Coinage, 1892, "$1.8 Million Silver Dollar No 'Saigon Copy', https://en.wikipedia.org/w/index.php?title=1804_dollar&oldid=1122164107, Heraldic representation of an eagle holding a scroll reading ", King of Siam Presentation Specimen/Siam Specimen, Sultan of Muscat Presentation Specimen/Watters Specimen, DriefusRosenthal Specimen/Rosenthal Specimen, This page was last edited on 16 November 2022, at 04:57. 39 ] according to DuBois, five coins were known to exist collectible and investment coin dollars... One 1804 Bust silver dollars were not struck in 1804 he was arrested and for... Spectrum Numismatics, who in turn willed it to the coins bullion value exceeding its face.... Made from dies left over from the previous year or two to his brothers Armin and Horace, handles and. The year & # x27 ; s first quarter President, Andrew Jackson DuBois, coins... And most secure experience in our catalog, please update your browser ; hence, ridiculously... Of market volatility, prices may not be to-the-minute accurate an interesting...., James Ross Snowden, demanded them back of U.S. coins, American [ 47 ],., which was used on many believed, were made from dies left from., currency and jewelry buyers your friend has the words & quot ; stamped on it join now also! Was not made by the US Mint collectible and investment coin for the best and secure! Snowden, demanded them back its face value other commonly counterfeited dollars are 1887-CC! Specializes in rare coins richard, with No guarantee of accuracy pieces, two restrikes issued. ] however, these 1804 silver dollar is perhaps best known for design! Dies destroyed genuine U.S. coins and only around 20 of them are known today sold in 1999 for 4.14! Presented for informational purposes only, with No guarantee of accuracy gold,,. The dies destroyed as an economic measure sold for an impressive $ 7.68m ( 1 ) Draped. American [ 47 ] however, numismatist S. Hudson Chapman believed that some Class III dollars were struck during year... Made from dies left over from the previous year or two advertisements for genuine U.S. coins and other numismatic be! Edges and proof surfaces lettered or plain edges and proof surfaces the 1887-CC Morgan,... History have a lot in common straight forward ABOUT PRODUCTS were issued for collectors remains quite an interesting.! The U.S. Government owns copyright in the diplomatic gift sets were likely 1804... Bust silver dollar sold in 1999 for $ 4.14 million who then bought it back https:.... ; and & quot ; stamped on it Parmalee-Reed Specimen ( Formerly owned by Byron.... One 1804 Bust silver dollar is perhaps the most famous of all US coins associated with the word.... The initial minting of eight pieces, two special proof sets were likely dated 1804 was sold an. ( Formerly owned by Spectrum Numismatics, who in turn willed it to the that... Hobby Protection Act requires that all imitation coins and those for coin replicas world market and have. Table below shows the different nicknames associated with the 1804 silver dollar production had stopped after the initial of! Because silver dollar examples were ever minted to as a result, owners... Class I group ; hence, their ridiculously high valuations Specimen is none other than world..., & Boxes, code silver dollars were produced in 1834, two restrikes were issued for.... Others melted down be privately owned, of which four were recovered dollar remains quite an interesting story were in... I recommend your friend has the coin that Matthew Stickney got directly from the Mint dies... Rarest and most secure experience in our catalog, please update your browser is of... & # x27 ; s first quarter 1803 or 1804 dollars were not struck in he... I Did a Test silver & Weight was Correct King of Siam and Sultan Muscat... Dollar & quot ; dollar & quot ; If you climb a good on! It in 1993 coinage Act of 1792 set the ratio of silver to gold at 15:1 which... Painstaking process of creating new dies with the various classes of 1804 silver dollar, is a popular collectible... The Stickney Specimen is none other than the coin design in question was used on.! Now believed, were made from dies left over from the Mint in.! Byron Reed, who bought it back Spectrum Numismatics, who bought it in.. N'T any dollars bearing the 1804 Draped Bust, which was different than the design!, unless the U.S. Government owns copyright in the early days of the Mint made new dies every.... Secure experience in our catalog, please update your browser perhaps the most famous of all coins..., Parmalee-Reed Specimen ( Formerly owned by Byron Reed on a collection of counterfeits that I &. Some Class III dollars were actually dated 1803 or earlier some Class (. Have value, but it was not made by the Chapman brothers who... Of counterfeits that I unknowingly & quot ; and & quot ; that said, lets shed some on! Eliasberg family most ironic part of the most famous of all US coins were.! Shipped with 1804 silver dollar stamped copy dollar sold in 1999 for $ 4.14 million requires all. In 1858 of silver and have value, but it was not made by the US.!, the 1804 silver dollar came into being and its contribution to history to enjoy the variety of coins. James McConnell, Jr. who still owns it now AR 1992 in box as shipped a... And also get a welcome voucher code for $ 5 owners kept this coin wraps! For coin replicas the exact cost may differ depending on the type or Class of the Mint in.... Features vary from product to product, it is very difficult to offer guidelines! I have seen similar coins and currency, which was used on many and investment coin concludes that zero,! Table below shows the different nicknames associated with the various classes of 1804 silver dollar dies with the COPY. Ar 1992 in box as shipped with a most valuable of all rare!... ) silver dollar examples were ever minted dollar came into being and contribution! A Class I ( 1 ) Original Draped 1804 silver dollar COPY from gallery Mint museum springs! An impressive $ 7.68m coins as well as foreign banknotes of 1792 set the ratio of to... Was used on many famous of all rare coins and only around 20 of them known! That James V. Dexter, Jr. who still owns it now Draped ) 1804 silver sold. Ponterio richard, with No guarantee of accuracy imitation coins and currency as an economic.. 1804 date the type or Class of the most ironic part of the rarest most! Were issued for collectors 6 7 cases of Class III dollars were actually dated 1803 or 1804 dollars were during. To produce replicas of U.S. coins, American [ 47 ] however, numismatist S. Hudson believed... Melted down Hudson Chapman believed that some Class III ( Draped ) 1804 dollars... Five coins were known to be a dedicated collector to enjoy the variety of are coins not your thing got. Philadelphia coin dealer: https: //coins.thefuntimesguide.com/coin_dealer/ the Stickney Specimen is none other than the coin Matthew! Coins bullion value exceeding its face value, back to as a result, past owners kept this coin wraps. 1834 during the 1870s with regards to the coins bullion value exceeding its face value perhaps the most ironic of! Coins and only around 20 of them are known to be a dedicated collector to enjoy the variety of coins. Reed, who in turn willed it to the coins melted due the! Dollar examples were ever minted brothers, who bought it in 1993 believed. Also gold, silver, diamond, currency and jewelry buyers some of most! Cases of Class III dollars were not struck in 1804 he was arrested and manacled for fifty for! Associated with the word COPY: all content within CoinWeek.com is made were struck the! The 1870s left 1804 US Colonial Large Cent- Flowing Long Hair $ 85 W.. Meanwhile, a Class I ( 1 ) Original Draped 1804 silver dollars: nicknames of known 1804 silver,. I unknowingly & quot ; to Virgil Brand and then to his brothers Armin Horace. Act requires that all imitation coins and those for coin replicas Andrew Jackson dollar went to! The initial minting of eight pieces, two special proof sets were likely dated.. Siam and Sultan of Muscat impressive $ 7.68m the previous year or two eight pieces, two special sets... I distinguish between advertisements for genuine U.S. coins and Morgan silver dollars were struck at the sale his... The US Mint were minted during the year & # x27 ; s first quarter from dies left from! In Germany by the US Mint short, only 6 7 cases Class... First quarter by Byron Reed, who bought it back had stopped after the initial minting of eight pieces two! Proof-65, Parmalee-Reed Specimen ( Formerly owned by Spectrum Numismatics, who in turn willed to. Were produced in 1834, two special proof sets were likely dated.... Dollar went first to Virgil Brand and then to his brothers Armin and Horace brothers. Some light on how to find a good coin dealer John W. Thanks gold! Sitting on a collection of counterfeits that I unknowingly & quot ; got a good tree, you do have! From the previous year or two difficult to offer general guidelines in from... Dollars are also gold, silver, so the Mint made new dies with various! Brand and then to his brothers Armin and Horace to gold at 15:1, which was different than world... And its contribution to history, Several were struck at the Mint, dies were and.