Shop by category. However, one may rightfully ask how only 15 of such examples were ever accounted for. For instance, a Class III Draped Bust Silver Dollar was auctioned and sold for $1,880,000. However, those coins, struck from old dies as was common practice at the time, were dated 1803. Coin Stamp Display - - Coin(s) are mounted in 40 pt. It shows cost is 17.95. Heres some advice on how to find a good coin dealer: https://coins.thefuntimesguide.com/coin_dealer/. [22] As his initial correspondence indicated that the sets were to include coins of every type then in use, Mint officials included both the silver dollar and gold eagle. 1885 catalogue shows that no initial was stamped on the coin at the time of its sale to Mr. Dexter. This pretty much sums up coins in a sentence. 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. [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. Looking for gold and silver coins? Looking for gold and silver coins? Sign In. In 1834, two special proof sets were produced as gifts for the King of Siam and Sultan of Muscat. After the sale of his collection, the coin was eventually given to the Massachusetts Historical Society, who then sold it as a part of their collection to a private Chicago collector. The Class I coins are the most sought after in the world, and their pedigrees reflect this, as most of these coins have been in the hands of many important and influential men. The 1804 silver dollars were produced in 1834 during the time in the office of the seventh U.S. President, Andrew Jackson. . US $ 0 . SIGN UP FOR EMAIL UPDATES AND TEXT MESSAGE ALERTS ABOUT PRODUCTS. The full history of this fascinating coin did not come to light until more than a century after its actual creation. Gallery Mint Museum by Ron Landis and Joe Rust. Toll-free Customer Service Number: You will benefit from our experienced staff and international trade partners: we can offer you select rarities at especially fair prices. The set consisted of a half cent, cent, dime, quarter, half dollar, dollar, quarter eagle, half eagle and eagle. Unfortunately, that is the case with the 1804 Bust silver dollar. Counting both originals and official restrikes, only 15 of the 1804 Draped Bust silver dollars are known to exist. . 99. It then went to Rosenthal before being owned by Farran Zerbe, who placed it in the Moneys of the World exhibit. [36] Although coin restrikes were created openly at the Philadelphia Mint from the 1830s, the practice became clandestine by the end of the 1850s. Uncertified US Early Dollars 1794-1804, Silver US Early Dollar Coins (1794-1804), 1797 Year US Early Dollar Coins (1794-1804), - 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 Coins, American liu_2's store. You will find replica 1804 Draped Bust silver dollars in coin dealer ads: Replica 1804 Draped Bust silver dollars are generally worth only the value of the metal within the coin, but they do excite some people who want the feel of owning an 1804 Bust silver dollar without having to bid more than $1 million at auction! Long live the King!". For instance, a wrong font used, poor letter positioning, dull/washed-out surfaces, irregular patterns, and other unnatural appearances on the coins surface are all signs giving away a bogus 1804 silver dollar. An authentic coin is well over Two Million dollars. After a series of attempted robberies, it was placed first in a bank vault and was then moved to the Western Heritage Museum, where it remains today. The Director of the Mint, James Ross Snowden, demanded them back. 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. 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. Many of them aren't. That's one reason I tend to shy away from buying old silver dollars. [68][69] In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. There are now eight examples of the Class I original dollar, six of the Class III restrike, and only one of the Class 11 restrike. And next are the 1797s, as the family just keeps expanding! Then, in 1971, Stack's sold it to James McConnell, Jr. who still owns it now. Mint Mark: No mint mark. Skip to main content. . The Davis specimen was for a long time believed to be one of the original issue, and one of its owners, Robert Coulton Davis, obtained a letter from Mint official William B. DuBois saying as much; it is now believed that DuBois lied deliberately. Comparison images courtesy PCGS: From the internet on a popular coin forum, two different examples were posted separately for review and discussion; the main concern of both OPs was authenticity. The most famous of the "original" pieces which were actually struck in 1834 had a connection with Siam, and Iran. It was sent to a sale in Germany by the Chapman brothers, who then bought it back. 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. [27] All dollars struck for inclusion in the diplomatic gift sets were likely dated 1804. CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. By 1800, a majority of depositors requested their bullion be struck as silver dollars, which were then utilizing the Draped Bust design. December 15, 2018 11:06PM edited October 15, 2020 11:56PM in U.S. Proof 30, Mint Cabinet Specimen or U.S. Mint Specimen, DreyfusRosenthal Specimen or Rosenthal Specimen. 2023 VIP Art Fair Collectibles - WordPress Theme by Kadence WP, Rare And Valuable 2022 Quarter Errors: Lets Do Some Pocket Hunt, How Much Is A Queen Elizabeth Coin Worth: Currently Very Much In Demand, Ultimate List Of Most Valuable State Quarters (Cost Upto $17,250), 1898 Silver Dollar Value Chart (Worth Up to $117,500), 1867 To 1992 Canadian Penny: Value Chart And Identification Guide, Ultimate List Of Most Valuable Gold Quarter Coins (Worth As Much As $2,350,000). [27], Roberts delivered the first set of coins to Said bin Sultan on October 1, 1835. [79][80], In addition to altered dates, electrotypes of the 1804 dollar were created, both for the purposes of study and fraud. Canadian Stacker 20K views 4 years ago Is it. [31][d][e] The dollars minted for the diplomatic gift sets, as well as other examples struck with the same dies, are collectively known as "Class I" 1804 dollars. [36] The fifth coin, alluded to by DuBois, is not currently accounted for, although its edge may have been lettered after its recovery in an attempt to pass it as an original. 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. Whether you prefer the 1804 silver copy or any other items in this fantastic collection, you'll be able to experience the pride of owning an attractive silver collectible without breaking your budget. Meanwhile, the remaining 3 Class II (2) Draped coins were melted. [35], During the nineteenth century, Mint employees produced unauthorized copies of medals and coins, sometimes backdated. American $1 Coins, SHOP Zoins Posts: 32,897 . 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. [41][39] According to DuBois, five coins were known to be privately owned, of which four were recovered. Mysterious Disappearance According to U.S. Mint records, there were 12,000 circulation strike Morgan silver dollars struck for 1895, and 880 Proof specimens struck. It finally came to John Hopkins University after the death of John Work Garrett. In 1858, restrike versions of the 1804 silver dollar began appearing, bearing the bust of Lady Liberty. You Could Find This Rare Penny In Your Pocket Change Heres What To Look For, These are properly marked with the words copy or replica and are, These replica 1804 Bust silver dollars are designed to simply allow people a chance to own something which. & Facilities, Shop All I have created a set of images comparing this with the second posted example and highlighted common marks between the two as follows. 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. This is sometimes known as the "King of Coins". 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. One of Americas earliest silver dollars, the Draped Bust dollar, is a popular numismatic collectible and investment coin. The reverses are pretty unremarkable for common marks; the red circle highlights a rim ding unique to the second example of these two. [37] In the decades after the first 1804 dollars were produced, collectors became aware of their existence and desired to obtain them. 1804 United States Bust silver dollars are extremely rare and valuable, and nobody is going to pay your friend the large amount of money real 1804 dollars are worth until that coin of your friends is verified for authenticity by a reputable coin grader. Eckfeldt and his accomplices continued to risk themselves by striking even more dollars from the set of dies they still had. CoinsAreFun Toned Silver Eagle Proof Album. 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. Many businesses allow the return of merchandise within 30 days, no matter what the circumstances. These common marks have lead others to nickname these the vampire counterfeits, although there must be a genuine source example out there somewhere! The Adams coin was first sold by Haseltine to Phineas Adams of New Hampshire. Sabes que tengo una moneda igual en ptimas condiciones que me da ese mismo peso de 23 gramos. Early Dollars (1794-1804). Among the beneficiaries of the set of coins were Said Bin Sultan (King of Muscat and Oman) and Phra Khlang (ruler of Siam modern-day Thailand). On June 30, Edmund P. Kennedy, commodore of the diplomatic fleet, wrote to the State Department that he had "directed that the presents [which remained ungifted due to Roberts death] be forwarded to the United States". [47] However, numismatist S. Hudson Chapman believed that some Class III dollars were struck as late as 1876. You may copy it, give it away or re . Newborns, Gifts What do I do when my frend want to sell it. [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. There is no way a coin can be worth over $1 million without someone trying to pass off counterfeits. The dollar was eventually sold to B. Max Mehl and on to Harold Bareford. They were sometimes modified to include the current date, but that practice was not universally applied. Only seven (Draped) 1804 silver dollar examples were ever minted. Where can I seek refund or complain if I purchased a replica believing it to be a genuine U.S. coin? Breen, Walter. [54] All fifteen extant specimens are acknowledged and studied by numismatists. 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