Class III examples were made after 1857 - they all have lettered edges and a rust pit in the afore-mentioned place on the reverse. Is the coin still worth something? The Davis - Wolfson Specimen, 13. Bowers Borckardt-304. _______________________________________________________________________, NGC Expands Guarantee to Cover Morgan Dollars in GSA Holders, eBay Announces New Consumer Protection and Other News at PNG General Meeting. add a comment +1 vote! 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. Here is a link to a blog that gives you more information about this coin. Although the 1804 Silver dollar is not the rarest coin in the world, it is known for being extremely rare. PCGS PR68. The U.S. Mint Specimen, 2. Great Rarities are one of the few areas of numismatics where certification is not a necessity; it is a bonus. While I suggest that there is a fair chance that it would attracted more serious bidders at the auction if it has been certified with a lower grade AND had a CAC sticker, Scott Travers and Andy Lustig think otherwise. Eight comprise Class I, which were minted in 1834. On August 30th, 1999 this coin sold for $4.14 million dollars at an auction. One 1804 Bust silver dollar sold in 1999 for $4.14 million. Great comparisons to other rarities as well as keys to identify the type . Others have sold for between $1 million and $2 million in recent years. The seemingly original case for the ‘King of Siam’ Proof Set survives and, I believe, still accompanies the set. They employed similar reasoning when they decided to strike Proof 1804 Eagles in 1834 or 1835. 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! Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! 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. Though this color is unusual, I recollect the same tone on the reverse of the ‘King of Siam’ 1804 dollar. The U.S. Mint Specimen. The King of Siam Specimen, called "Brilliant Gem Proof" by Breen. Interviews with those closest to the coin . Smithsonian Institution: This unique specimen of the Class II 1804 dollar was struck circa 1858-1859, over an 1857-dated Bern (Switzerland) shooting taler. In April 2008, Heritage auctioned Queller’s collection of silver dollars, which was complete ‘by date’ (and Mint location). C $805.64. The following is a complete roster of all known examples of the 1804 Silver Dollar, divided into Classes. One comprises Class II … Class I dollars were made around 1834. The U.S. Mint Specimen, Class III - New reverse, lettered edge, 10. 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. Essentially, 1834 Proof Sets each included a silver dollar and an Eagle ($10 gold coin) that is dated “1804,” along with 1834 dated representatives of the denominations of the time period: half cents, large cents, half dimes, dimes, quarters, half dollars, Quarter Eagles ($2½ gold coins), and Half Eagles ($5 gold coins). The US silver dollar did not appear again until 1836. likelihood of it being a fake? The silver dollar features Lady Liberty on the obverse side. The Berg - Garrett Specimen, 11. Mint Cabinet specimen. or Best Offer. There are several tell-tile diagnostics for real 1804 dollars. The U.S. didn't make any half dollars dated 1804. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. The 1804 Silver dollar, Class I and the 2007 C$1m coin are worth more than the German Mark What is a 1804 silver half dollar worth? 1804 Liberty Dollar 2 oz .999 Proof Cameo Silver Round # 4555 Free Shipping. A Weekly CoinWeek Column by Greg Reynolds Of those eight, I recollect that three are definitely of higher quality than the Mickley-Hawn-Greensboro coin. This 1804 silver dollar is another one of the rarest and most expensive coins in the United States History. Even so, I have studied both coins and the Mickley-Hawn-Queller 1804 is just a more pleasing coin to hold and treasure. 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. Top Rated Seller Top Rated Seller. 2. CLASS I - Lettered Edge. With regards to the 1804 silver dollar, it … Learn how your comment data is processed. I last saw the ‘King of Siam Set’ and its 19th century case in 2004. Class I 1804 dollars have more historical significance and it is generally held that they are slightly more valuable than Class III 1804 dollars. The Stickney - Eliasberg Specimen. Demand for an 1804 Silver Dollar goes back to the 1850’s. Great Rarities like 1804 dollars and 1913 Liberty Head Nickels stand on their own merits. In general, the fact that the “62” grade is a little generous has caused some experts to be distracted and to not fully appreciate the excellent qualities of this coin. Rarity-7. Coming in at number seven on our list of the most expensive coins in the world is the Silver Dollar Class 1, 1804. They wrongly concluded that it would be illegal to mint 1834 dated Eagles in 1834. This site uses Akismet to reduce spam. (Experts at the CAC ignore the plus aspect of ‘plus grades’ assigned by grading services.) Questions – e-mail: insightful10  gmail.com. 1804 silver dollar gets $10 million+ phone bid but doesn't meet reserve - Duration: ... Why A Real 1804 Silver Dollar Coin is Worth Millions - Duration: ... 1804 $1 Class III PR58 PCGS. There are fakes that are worth about 20 dollars. Mr. Eckfeld sold these to unknowing coin collectors in Philadelphia. The 1801 Draped Bust Large Eagle Silver Dollar is representative of the Heraldic Eagle type. 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. The Mickley - Reed Hawn Specimen, 5. Some were brought back by service personnel returning from the Vietnam War. Coin Rarities & Related Topics: News and Analysis regarding U.S. coins, coin markets, and  coin auctions #181 ….. During the evening of Friday, August 9, Heritage conducted a ‘Platinum Night’ session as part of this firm’s pre-ANA auction at a hotel near Chicago. 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. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. 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.) I HAVE 1804 COINS Hnyun Hmue Ko 18:30, 24 March 2016 (UTC) Class III 1804 dollar image (FPC) The image of the Class III 1804 dollar in the article is currently nominated for Featured Picture.--Godot13 01:30, 3 March 2015 (UTC) File:1804 Silver Dollar (Class III).jpg to appear as POTD soon. The buyer of the 1804 dollar did not buy any other coins in this pre-ANA auction, “but has bought other high profile coins in [previous] Heritage auctions,” Jim adds. The Related Coins all share the same Category, Prefix, and Major Variety as this Coin. The problem with the coin is that it has a small hole drilled in it. Would most collectors agree that this 1804 dollar should be worth more than twice as much as that 1907 Eagle? If any silver dollars were minted during the year 1804, those probably would have been dated 1803. PR35 • Currently, eight examples are known of the Class I type, one is known of the Class II, and six are known of the Class III type. 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 Legendary Dexter Specimen of the 1804 Dollar Discovered in Germany in 1884 Class I, Original 1804 Draped Bust Silver Dollar. 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. I don't own an 1804 dollar ( NOT), but here is an 1802 which is the same general type. Hello! 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. Proof-65 (PCGS). According to Todd Imhof, executive vice president of Heritage, the “Platinum Night total was $18,875,771. How much are they Worth? A legendary collector, Joseph Mickley, owned this coin in the middle of the19th century. For this reason, it takes a trained eye to determine the authenticity. An 1804 U.S. silver dollar sold for $3.3 million in one of a series of auctions that brought in a record total of more than $100 million for a renowned private coin collection, organizers said on Saturday. It easily beat the previous record-holder (another 1804 silver dollar") by over two times the amount. The obverse (front) is attractive to very attractive and the reverse (back) is more than very attractive. Thus, we find three classes of 1804 Silver Dollars. One 1804 Bust silver dollar sold in 1999 for $4.14 million. Plus, coins made during the 1830s under direct orders from President Andrew Jackson have an intriguing historical aura. Class III 1804 dollars and the lone Class II piece are all regarded as ‘restrikes,’ though these are really novodels, creations that are different from corresponding “originals.” They were struck in 1858 or later to be sold to collectors and coin dealers. In Oct. 1993, David Queller was the successful bidder for this 1804. When Stack’s (New York) auction this Mickley-Hawn 1804 dollar in 1993, it was cataloged as a coin with substantial wear. 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." 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. + 5 In the same blog you will learn to distinguish real or fake coins It is allegedly a portrait of a Philadelphia socialite. 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 Idler - Bebee Specimen, now on display at the headquarters of the American Numismatic Association. The history complete with all the players , and even speculation on how the coins patina was created . The Childs-Muscat 1804 dollar was PCGS graded “68” in 1999 or 1998. C $130.23. PCGS … Of the fifteen surviving 1804 dollars, eight are in private collections or other private holdings. Neat blue and orange-russet areas can be found on both sides, more so on the obverse, if I remember correctly. 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. View More Images. It is true, though, that other information listed on the same PCGS CoinFacts page is puzzling. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. The abrasions that are very apparent in enlarged images are not bothersome when this coin is examined in actuality. It has no resale value. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Back then they were sold for under $100 a piece. BB-306. The coin illustrated above is an example of the Class III type. For authentic U.S. minted 1804 silver dollars we are currently paying between $3 million to $7 million. Being illegally created, the U.S. government searched and confiscated these coins. Finally, you could not buy an 1804 dollar for a mere $3500. 7. If you would like to sell yours please bring it by our store during business hours. 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 "original" coin was actually produced in 1834 and 1835. 1804 CLASS I SILVER DOLLAR … Measured weight is 2.2 ounces. Proof quarters and silver dollars from the Greensboro Collection were consigned to this event, including this 1804 dollar. 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. Get the best deals on Draped Bust US Early Dollar Coins 1794-1804 when you shop the largest online selection at eBay.com. Multiples of 20 rounds are packaged in sealed tubes. 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. Coins Sold in Stack’s Bowers Dec. 2020 Showcase Auction. 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. 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 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. | 1946-1976: Louis E. Eliasberg, Sr. PCGS #: 6907. 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." 1804 $1 Original - Class I BB-304 (Proof) Series: Draped Bust Dollars 1801-1804. One of only six known Class III 1804 Draped Bust silver dollars has been sold for $2.475 million. Designer: Robert Scot. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. Even so, the Mickley-Hawn-Queller piece is a wonderful coin. The Cohen - ANA Specimen, 4. 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. This roster updates the historical record from the Chicago Signature (Heritage, 8/2013), lot 5699. 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