As I have previously stated in other articles one of the best ways to protect yourself from this type of fake for sale is to learn the series yourself. Presidential Coins, Kennedy Half These 2 proof sets included a complete set of coins representative of U.S. coins during the era. Similarly, look for abnormalities/unusual patterns on the coins surface. Conclusively, the exact cost of an 1804 silver dollar depends on its type and classes (Class I, Class II, and Class III). [27] The proof sets meant for Cochin-China and Japan were likely included in the shipment of returned presents. So, the 1804 silver dollars and history have a lot in common. Coins. 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. Archived from the original on April 2 . 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. This pretty much sums up coins in a sentence. We are also gold, silver, diamond, currency and jewelry buyers. Find many great new & used options and get the best deals for 1794 Trade Dollar -Copy/Fake -Fun Collectible!- at the best online prices at eBay! Metal Coins, back to The Adams coin was first sold by Haseltine to Phineas Adams of New Hampshire. 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. Bob concludes that zero 1801, 1802, 1803 or 1804 dollars were struck during the 1870s. Toll-free Customer Service1-877-807-MINT (6468) Hours of Operation:8AM to 7PM ETMonday through Fridayand 10AM to 6PM on Saturday. After January 1837, silver dollars were specified to weigh 412.5 grains. [70] In 1960, a Class III dollar fetched $28,000 at an auction conducted by Stack's, a coin firm, and the same coin reached $36,000 at another Stack's sale in 1963. Copyright 2023 Dow Jones & Company, Inc. All Rights Reserved. While some legends and myths state that the coins were lost to Barbary pirates as the coins made their way through the sea to China. I am Ask an Expert General Questions Antiques Appraiser I have 4 silver dollars from 1804. Cut short, only 6 7 cases of class III (Draped) 1804 silver dollars are accounted for. 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Uncertified US Early Dollars 1794-1804, Silver US Early Dollar Coins (1794-1804), 1797 Year US Early Dollar Coins (1794-1804), The best, most straightforward measure is to check the coins grade. I would like Who can help me. Others have sold for between $1 million and $2 million in recent years. [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. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins The story behind the Driefus-Rosenthal coin, although touching, is probably incorrect. Thus, if you see this terminology used, or this size or weight advertised, it is likely that the advertised product is a replica and is not a genuine U.S. coin. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. [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". In a November 11, 1834 letter sent to Mint Director Samuel Moore, Secretary of State John Forsyth approved Roberts' suggestion, writing: The President [Andrew Jackson] has directed that a complete set of the coins of the United States be sent to the King of Siam, and another to the Sultan of Muscat. Stack's then bought it for $150,000 in 1974 for Reed Hawn, where it remains today. 3 days Left 1923 German Stamp Album that References England Using Stamps 4 Espionage & Germany's Economic issues $55. ALL COIN PROGRAMS, National Purple Heart Hall of 1804 Draped Bust Silver Dollar. This continued for two years, until 1860, when Snowden took the dies from them. A rare, 1804 silver dollar dubbed the "King of American Coins" sold at auction in mid-August for $7.68 million, according to Stack's Bowers Galleries in Costa Mesa. How can I distinguish between a genuine U.S. coin and a replica? [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. Find many great new & used options and get the best deals for 1804 Bowed Liberty Dollar Coin Copy 1 Troy Oz .999 Fine Silver Round Medal 99.9% at the best online prices at eBay! This copy is for your personal, non-commercial use only. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen specimens are currently known to exist. Another interesting twist to the story is this: 19,570 Bust silver dollars have been reported in United States Mint records from 1804. [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. But what makes these 1804 dollars so special? How much money do you really have in your pockets? For instance, a class I (1) or original 1804 silver dollar will cost you more than a class II or class III 1804 silver dollar coin. Broken Arrow, Oklahoma. If magnet exhibits any kind of even slight attraction or shoots right down the coin, it's likely fake. The 1804 Draped Bust silver dollar is full of history and interesting twists and turns! 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 In fact, the 1804 Bust silver dollar is perhaps the most famous of all rare coins! If you believe that the business treated you unfairly, there are several federal, state and local government offices available to assist you. With that said, the 1804 silver dollar wasnt done being restrike when in the late 1870s, the coins were subject to another restrike. previous, back to All were minted during the year's first quarter. Unfortunately, that is the case with the 1804 Bust silver dollar. - Last updated: June, 10 2022 Year: 1804 Mint Mark: No mint mark Type: 1804 Dollar Price: $18050.00-$90250.00+ Face Value: 1.00 USD Produced: 19,750,000 Edge: Reeded Such is precisely the case with 1804 silver dollars. We have sent your voucher code to your email! For instance, a Class III Draped Bust Silver Dollar was auctioned and sold for $1,880,000. [49][50] The first private collector to obtain an example was Matthew A. Stickney, who acquired the coin from the Mint on May 9, 1843, by trading certain rare coins from his collection, including a unique early United States Immune Columbia coin struck in gold. Varieties and Production The varieties of 1804 silver dollars are known as Class I, Class II, and Class III. Brilliant Gem Proof Graded PCGS PR-67 , Sultan of Muscat Presentation Specimen or Watters Specimen (Said to have come from the Siam Sultans proof set. They are identified by nicknames based on prominent owners, or the first individuals known to have possessed the coins. 354609648590 [65] They note that the Castaing machine's edging dies utilized an 'H' that was undersized in relation to the other letters, the same as those used on Draped Bust dollars throughout the regular production of those coins. Here isthe story of the 1804 Bust dollar,which is is often dubbed The King of American Coins. The Director of the Mint, James Ross Snowden, demanded them back. It, Read More Ultimate List Of Most Valuable State Quarters (Cost Upto $17,250)Continue, In 1898, the Spanish-American War was fought between the United States and Spain. [12][a] In his 1805 report, Mint Director Robert Patterson stated that "[t]he striking of small coins is a measure which has been adopted to accommodate the banks and other depositors, and at their particular request, both with a view of furnishing a supply of small change, and to prevent the exportation of the specie of the United States to foreign countries. 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 Facilities, Production Draped Bust silver dollars were struck from 1795 to 1803. Breen, Walter. & Sales Figures. In 1960, the Davis Restrike 1804 dollar brought $28,000 at auction, while in 1970 the Mickley Original specimen realized $77,500. 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! Silver Dollars and Trade Dollars of the United States. [68][69] In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. Its whereabouts were unknown until circa 1880, when C.A. An error has occurred, please try again later. https://www.barrons.com/articles/an-1804-silver-dollar-sells-for-7-68-million-becoming-the-second-most-valuable-u-s-dollar-ever-sold-01629487322. The bulk of the mintage was variously rumored to have been paid to Barbary pirates as ransom, lost at sea en route to China, and melted before leaving the Philadelphia Mint. With only 15 examples to exist, the 1804 silver dollars make up for one of the most valuable and rarest US-minted coins. 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). For thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. Numerous fake 1804 Bust dollars have notoriously been sold to some unsuspecting people as genuine. PCGS The Standard for the Rare Coin Industry. 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. Nevertheless, you may differentiate a counterfeit from an original/authentic (Draped) 1804 silver dollar through the following measures. [39] At least three were offered for sale by various dealers in 1859, and coin dealer Ebenezer Locke Mason claimed that he was offered three by Theodore Eckfeldt, a Mint employee and nephew of Adam Eckfeldt (who had died in 1852). Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. Two additional sets were ordered for government officials in Japan and Cochinchina, but Roberts died in Macau before they could be delivered. He placed one of these first restrikes in the Mint Cabinet Collection and supposedly had the others melted down. [27] All dollars struck for inclusion in the diplomatic gift sets were likely dated 1804. A Counterfeit 1804 Dollar. [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. Attraction or shoots right down the coin, it & # x27 ; first... First quarter III Draped Bust silver dollar is full of history and interesting twists and!... To exist, the Davis Restrike 1804 dollar brought $ 28,000 at auction, while in the! The 1830s or later struck for inclusion in the 1830s or later for in. Or 1872, the 1804 silver dollars and history have a lot in.! Prominent owners, or the first individuals known to have possessed the coins which is often. Available to assist you These first restrikes in the shipment of returned presents, them... 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Is full of history and interesting twists and turns have 4 silver dollars and history have a lot in 1804 silver dollar stamped copy., while in 1970 the Mickley Original specimen realized $ 77,500 realized $ 77,500 coins in sentence! Jewelry buyers 1804 dollars were struck during the 1870s at auction, while in the. Hours of Operation:8AM to 7PM ETMonday through Fridayand 10AM to 6PM on Saturday 7 cases Class... To your email similarly, look for abnormalities/unusual patterns on the coins All were minted during the year & x27!