Join Yahoo Answers and get 100 points today. is expected to fetch more than $3 million at an upcoming auction held by Stack’s Bowers Galleries. Get your answers by asking now. To order presentation-ready copies for distribution to your colleagues, clients or customers visit http://www.djreprints.com. If you would like to sell yours please bring it by our store during business hours. In the early 20th century, one sold for $1,800. Brand New. These Original Type coins are the most valuable of the 1804 dollar and are worth between $2 million and $4 million each. 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. An 1804 silver dollar from the collection of the late businessman and philanthropist Larry H. This page addresses counterfeit dollars between 1798 and 1804. "The 1804 dollar is one of the most publicized rarities in the entire series of US coins. It is one of the rarest of all U.S. coins, with just 15 examples known. Wanting to learn woodwork or other hobbies ? The older the silver dollar, the more it’s worth… U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. Various private mints have produced replicas of the 1804 dollar over the years. 1804 Second reverse sold for $874,000.00 in 2001.". It was one of more than 200 coins sold at the event. It is arguably the most famous. New Listing The Rare Silver Dollars Dated 1804 by Q. David Bowers: 1999; Signed. The rarity was created three decades later in 1834 when the U.S. Department of State ordered special coin sets for presentation as diplomatic gifts. Collection, according to president of Stack’s Bowers Galleries. or Best Offer. Republican forces vote on 25th Amendment resolution, Hailie Deegan apologizes for use of slur in broadcast. With regards to the 1804 silver dollar, it was never a circulated coin. ? Draped Bust silver dollars are early American coins made from 1795 through 1803. He had assembled one of the finest numerics collections, comprising nearly 1,600 coins, over many decades. If any silver dollars were minted during the year 1804, those probably would have been dated 1803. Brian Kendrella, Time left 6d 20h left. The 1804 Draped Bust Silver Dollar is a famous rarity and one of the most storied coins within American numismatics.While Mint records indicate that silver dollars were struck and released for circulation in 1804, none of these were dated that year. . Most of them are fakes, because genuine coins are so valuable. Back then they were sold for under $100 a piece. Does anybody know how to tell if the coin is genuine or not? All the rest are counterfeits, and counterfeits are worth zero. 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! A Counterfeit 1804 Dollar. Former Citigroup chairman: How to bring unity to U.S. 'Black Panther' actor, model confirm romance rumors, SCOTUS rejects fast track for Trump election cases, Skyrocketing stocks now have investors worried, Etsy removes 'disrespectful' Auschwitz shirt, Trump faces a new challenge in his final days, PGA right to dump Trump course for major tournament, Marriott shuns lawmakers who balked at certification, Amid political tumult, Trump set to oversee 3 executions. Designed by Robert Scot, the Draped Bust dollar was minted from 1795 through 1804, though officially all dollars that were minted in 1804 were actually dated 1803. Mint reports from 1804 show a delivery figure of 19,570 Silver Dollars, but numismatists believe these … You would find either of these on the reverse just below the knot in the ribbon. An 1804 Silver Dollar Is Worth More Than $3 Million. Free shipping on many items | Browse your favorite brands | affordable prices. From United States +C $25.06 shipping estimate. An 1804 silver dollar from the collection of the late businessman and philanthropist I am reading that there are only a few in circulation. The 1804 silver dollar was actually printed in 1834 in 2 sets as gifts to foreign kings. The venue of the November auction has yet to be announced, while the December auction will be held in Santa Ana, Calif. The Class I 1804 silver dollar known as the Watters-Child specimen is also called the “King of American coins” due to it being the finest known example. Still have questions? Here is a link to the pics that I put on my picasa web album. Type: 1804 Dollar Year: 1804 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 19,750,000 Silver Content: 90% Silver Weight:.7735 oz. 1804 liberty silver dollar or what is a 1923 silver dollar worth; Rate of gold today in usa. Another centerpiece of the Larry H. Miller collection is an 1894-S Barber dime. 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. Typically collections are formed by date with examples representing each of the mints striking silver dollars of that year. The collection, with an estimated value of $25 million, will be offered in two sales scheduled for Nov. 12 and Dec. 17. By most estimates, 1804 dollars, on the rare occasions they do appear at auction, are worth somewhere in the neighborhood of $2 million to $7 million depending on the individual specimen and the ever-changing conditions of the marketplace. These are large, heavy, silver coins that run from 1798 to 1804. A Class I example reached $990,000 at a Superior Galleries auction in 1990, and an example once owned by coin collector Louis Eliasberg became the first 1804 dollar to surpass $1 million at auction, selling for $1,815,000 at a sale conducted by Bowers and Merena, Inc., in 1997. 1804 Restrikes were produced around 1859 for prominent collectors. What Are Silver Dollars Worth? Can't promise it's accuracy, but I'm sure that there must be coin collectors that can tell you exactly how much your coin is worth, and if it's an original rather than a duplicate. Mint records state that 19,570 dollars were coined, but, it was the practice in those days to use old dies as long as they were serviceable with no regard in the annual reports for the dating of the coins. For non-personal use or to order multiple copies, please contact Dow Jones Reprints at 1-800-843-0008 or visit www.djreprints.com. It is allegedly a portrait of a Philadelphia socialite. The $3,877,500 paid for the 1804 silver dollar includes a 17.5 percent buyer's premium. If you would like to sell yours please bring it by our store during business hours. Top Rated Seller Top Rated Seller. For the best Barrons.com experience, please update to a modern browser. 0 bids. Buy It Now . . Silver Melt: $19.65 Top Rated Seller Top Rated Seller. Also, click here to Learn About Grading Coins. This copy is for your personal, non-commercial use only. This 1804 Draped Bust Dollar is also known as the "King of American Coin". There are fakes that are worth about 20 dollars. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. 1962 Franklin Silver Half Dollar NGC MS64 (slb1804) C $31.27. USA Coin Book Estimated Value of 1803 Draped Bust Silver Dollar (Large 3 Variety) is Worth $1,262 in Average Condition and can be Worth $29,228 or more in Uncirculated (MS+) Mint Condition. New Orleans used an "O" as its mintmark. Instead, a … $27.40 . The man running the machine minted a few extra and maybe as many as half of these are accounted for. We've detected you are on Internet Explorer. These coins are known as Class II and Class III (Class 2 and Class 3). A small bald eagle was featured from 1795-1797 and was replaced by a larger Heraldic Eagle from 1798-1804. It is more than probable that the 1804 total for dollars actually covered coins that were dated 1803. Some were brought back by service personnel returning from the Vietnam War. A real 1804 Liberty Silver Dollar probably is worth millions. Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. Demand for an 1804 Silver Dollar goes back to the 1850’s. For authentic U.S. minted 1804 silver dollars we are currently paying between $3 million to $7 million. Larry H. Miller 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 coin is often called the King of American Coins, but why is the 1804 dollar coin worth so much and why was it made? Silver dollars minted at the Philadelphia mint, which did not use a mintmark, lead in value and rarity. There are a few rare Draped Bust dollars dated 1804. By the 1960’s one sold for $28,000 and $36,000 at two different auctions. It has no resale value. "The 1804 dollar is one of the most publicized rarities in the entire series of US coins. https://www.barrons.com/articles/an-1804-silver-dollar-is-worth-more-than-3-million-01601672794. Distribution and use of this material are governed by our Subscriber Agreement and by copyright law. 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." There are only 15 genuine 1804 dollar coins known to exist. Currently any 1904 dollar is worth . Maybe you recently saw a story about the 1804 silver dollar going for millions of dollars. One aspect that makes it one of the most sought after American coins in the history of coin collecting. Despite the date that appears on the coin, no 1804 dollars were actually struck in 1804. See how many Draped Bust dollar coins were made and what they're worth … Originally owned by the Sultan of Muscat in 1835, it is one of only fifteen known 1804 silver dollars in existence in the world, worth over a million dollars each. Get the best deals on 1800 Silver Early Dollars when you shop the largest online selection at eBay.com. 1804 First reverse (original) sold for $4,140,000.00 in 1999. In all, 85,634 dollar coins were struck in 1803, but there are approximately just 3,200 surviving pieces. The reverse side features a bald eagle. For this reason, it takes a trained eye to determine the authenticity. It’s one of the finest of the 15 examples known to exist, and its last appearance was in 1997, when it was offered from the famed From United States. Miller was the founder of the Megaplex chain of movie theaters and owner of the National Basketball Association’s Utah Jazz from 1985 until his death in 2009. Found this on WikiAnswers. There are fifteen known specimens of the 1804 Draped Bust silver dollar categorized into three different classifications. ... 1804 Bust Dollar PCGS PR68. The finest example of the 1804 Class I silver dollar appeared at auction in 2016 and garnered a bid of more than $10 million but did not meet reserve and thus did not sell. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. Click here to Learn How to use Coin Price Charts. For example, many fake Trade Dollars are struck from silver and are the correct weight. Louis Edward Eliasberg The silver dollar features Lady Liberty on the obverse side. Copyright ©2021 Dow Jones & Company, Inc. All Rights Reserved. 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. So, if that coin took $5 million, does that mean your old silver dollars from the 1880s or 1890s are worth, say, a tenth of that amount because they’re not quite as old? I am not sure if this coin is original or not, but I thought it was. C $52.05. An 1804 silver dollar from the collection of the late businessman and philanthropist Larry H. An error has occurred, please try again later. And it is certainly one of the most valuable: When the Eliasberg specimen changed hands for $1,815,000 in April 1997, that went into the books as the highest price ever paid for any U.S. coin at public auction. There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). This copy is for your personal, non-commercial use only. Hockey cups and trophies and 1804 liberty silver dollar; 1804 liberty silver dollar : flowing hair coin; Suisse gold / 1804 liberty silver dollar. Collectors make their presence known by the premiums they pay for certain mint marked dollars and the condition of the coin. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. The 1804 silver dollar features Liberty’s bust on the front side, while the reverse has an American Eagle. 1804 Silver Dollar Worth Although the 1804 Silver dollar is not the rarest coin in the world, it is known for being extremely rare. Previously in the Eliasberg Collection, the dime is expected to sell for more than $1.25 million. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. Mint records state that 19,570 dollars were coined, but, it was the practice in those days to use old dies as long as they were serviceable with no regard in the annual reports for the dating of the coins. http://wiki.answers.com/Q/What_is_the_value_of_an_... Can anyone tell me about this fake coin? The remaining mints, San Francisco used a small "S" see image. Proceeds from this sale will be donated to Intermountain Health to build a Children’s hospital in Lehi, Utah, according to Stack’s Bowers Galleries. 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