If any silver dollars were minted during the year 1804, those probably would have been dated 1803. [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. [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. By 1800, a majority of depositors requested their bullion be struck as silver dollars, which were then utilizing the Draped Bust design. A. [42] The coin, which is the sole known Class II specimen in existence, was struck over an 1857 Swiss shooting thaler minted for the federal shooting festival held in Bern. The 1804 Draped Bust dollar is one of the most famous coins in the world. Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. [68][69] In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. 1804 Mint-Made Electrotype of Unique Plain-Edge – 4 minted. .mw-parser-output .tmulti .thumbinner{display:flex;flex-direction:column}.mw-parser-output .tmulti .trow{display:flex;flex-direction:row;clear:left;flex-wrap:wrap;width:100%;box-sizing:border-box}.mw-parser-output .tmulti .tsingle{margin:1px;float:left}.mw-parser-output .tmulti .theader{clear:both;font-weight:bold;text-align:center;align-self:center;background-color:transparent;width:100%}.mw-parser-output .tmulti .thumbcaption{background-color:transparent}.mw-parser-output .tmulti .text-align-left{text-align:left}.mw-parser-output .tmulti .text-align-right{text-align:right}.mw-parser-output .tmulti .text-align-center{text-align:center}@media all and (max-width:720px){.mw-parser-output .tmulti .thumbinner{width:100%!important;box-sizing:border-box;max-width:none!important;align-items:center}.mw-parser-output .tmulti .trow{justify-content:center}.mw-parser-output .tmulti .tsingle{float:none!important;max-width:100%!important;box-sizing:border-box;text-align:center}.mw-parser-output .tmulti .tsingle .thumbcaption{text-align:left}.mw-parser-output .tmulti .trow>.thumbcaption{text-align:center}}, In their book The Fantastic 1804 Dollar, numismatic historians Eric P. Newman and Kenneth E. Bressett assert that a problem arose at the Mint as to how to interpret Forsyth's order. Their high value has caused 1804 dollars to be a frequent target of counterfeiting and other methods of deception [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". 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. "[64], According to Newman and Bressett, the manner in which the 1804 dollars were produced is proof that none were struck in 1804. [83] Electrotypes were also created by Mint employees, and one was used as the basis for the pantograph reproductions which appeared in Eckfeldt and DuBois' 1842 A Manual of Gold and Silver Coins of All Nations. [58], The fact that no 1804 dollars were struck in 1804 was not widely accepted by numismatists until the early twentieth century. [36] Although coin restrikes were created openly at the Philadelphia Mint from the 1830s, the practice became clandestine by the end of the 1850s. [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 (0.113 g) more than the silver dollars authorized by the Act. 1804 Second Reverse, Class III – 6 minted. A. [47] However, numismatist S. Hudson Chapman believed that some Class III dollars were struck as late as 1876. [39] Those coins, which became known as "Class II" 1804 dollars, had plain, unlettered edges, as opposed to standard issue Draped Bust dollars and those struck as diplomatic gifts, all of which had edge lettering applied by the Castaing machine. [84], More modern replicas, known as "Saigon copies", were commonly offered as original at low prices to American soldiers during the Vietnam War. Most of them are fakes, because genuine coins are so valuable. It featured a right-profile bust of Liberty on the obverse. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. [53] Numismatic historian Q. David Bowers asserts that the 1804 dollar has attracted more attention than any other coin. It should be noted that the mintage figures above are … [27] The proof sets meant for Cochin-China and Japan were likely included in the shipment of returned presents. Although the dollars struck in 1804 bore the date 1803, the eagles struck in that year were not antedated. For there are few coins in the American catalogue that have … See how many Draped Bust dollar coins were made and what they're … 15 are known. (3) The dates that the metal composition changed for each U.S. coin denomination throughout the years. 2020 (P) American Silver Eagles: A New Modern Rarity. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. A collector subsequently acquired one example from the Mint in 1843. [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. With regards to the 1804 silver dollar… [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). If you already have a Morgan Silver Dollar … [54] All fifteen extant specimens are acknowledged and studied by numismatists. 1804 Second Reverse, Class II – Unique. [76] Although Bolen added his name to the edge of the coin, other forgers created altered date coins with the intent to deceive. In response to numismatic demand, several examples were surreptitiously produced by Mint officials. While there is a degree of mystery behind much of what happened at the United States Mint during its first decades of operations, there is substantial evidence to suggest that all dollars recorded in the 1804 mint report were dated 1803. The 1804 class I or “original” draped bust silver dollars are widely known as the “King of American Coins”, and with good reason. Chapman. These are very common and are usually worth only the value of the metal used to make the coins. However, those coins, struck from old dies as was common practice at the time, were dated 1803. [59] Before such time, the actual year in which they were struck remained contentious among numismatists. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar … [72][73] 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. There is 1 "class II" specimen, struck over a … . For this reason, it takes a trained eye to determine the authenticity. [37] In the decades after the first 1804 dollars were produced, collectors became aware of their existence and desired to obtain them. [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. Mint records indicate a total of 19,570 silver dollars were struck in 1804; however, researchers believe that all those coins were actually dated either 1802 or 1803 because leftover coin … [77] Nineteenth-century stage actor John T. Raymond purchased a specimen of the coin, which was later revealed to be a forgery, for $300. [21], He also directed Moore to have two Morocco leather boxes made to house the coins. There are a few rare Draped Bust dollars dated 1804. [74] At the time of the sale, this was the highest price paid for any coin. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. This probably sounds illogical to the uninitiated, but there's really a rather simple explanation: Although they are dated 1804, all 15 of these rare silver dollars actually were minted decades later. "[62] In 1891, numismatist John A. Nexsen wrote that the Class I 1804 dollars were "without doubt coined in 1804". Said bin Sultan was the recipient of a coin set containing an 1804 dollar. In many cases, they less than half the weight of a true Morgan Silver Dollar. He stated that one should be yellow in color, and the other crimson, and that funds could be drawn from the Treasury for the value of the boxes and coins. A complete historical record is provided in Dave Bowers' book The Rare Silver Dollars Dated 1804 … [40] After the public became aware that Mint officials had permitted restrikes, there was a minor scandal which resulted in a Congressional investigation and the destruction of outdated coinage dies. [26] A list of diplomatic gifts was also proposed for missions to Japan and Cochin-China (today part of Vietnam), which included two additional sets of coins. It’s important to note here that numismatic researchers have … [72], Counterfeits and spurious reproductions of the 1804 dollar have been created since numismatists became aware of the coins' high value. All the rest are counterfeits, and counterfeits are worth zero. [29] Roberts died in Macau on June 12, 1836, before he could initiate contact with any other nations. [38] Several were struck at the Mint in 1858. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. Draped Bust silver dollars are early American coins made from 1795 through 1803. They were sometimes modified to include the current date, but that practice was not universally applied. [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. [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. [63] In 1905, he recanted his earlier assertions, stating that "no one now believes that they were coined in 1804. It will save you money next time you decide to sell or buy silver dollars. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist. [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. Why are they rare? Mint. 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." A. [81][g] One such coin in the collection of the San Francisco Mint was described by them as genuine from 1887 to 1927. [34] In total, eight specimens of this type are known today. There are also a few varieties of these coins and only around 20 of them … There is a degree of mystery on exactly when these 1804 silver dollars were minted, though by most accounts numismatists believe it was around 1834 or 1835 that these special presentation pieces were struck. You are requested, therefore, to forward to the Department for that purpose, duplicate specimens of each kind now in use, whether of gold, silver, or copper. [44] The obverse die was defaced in 1869. Class I dollars were made around 1834. 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. Haseltine. This, however, is extremely unlikely as 1804 dollars are among the most studied coins around and after some two centuries there is every reason to believe all pieces in any active ownership would have come to light. Another issue, the 1933 double eagle, with an auction record in … They are identified by nicknames based on prominent owners, or the first individuals known to have possessed the coins. [35], During the nineteenth century, Mint employees produced unauthorized copies of medals and coins, sometimes backdated. A. There are only 15 genuine 1804 dollar coins known to exist. Moore consulted the Mint records, which indicated that 19,570 dollars were struck in 1804. [46] Newman and Bressett assert that they were struck at approximately the same time as the Class II dollars, and that the edges were lettered and the coins concealed by Mint employees until 1869, when one was offered to a coin collector, who rejected it as a restrike. From their discovery by numismatists, 1804 dollars have commanded high prices. [4] The act went on to state that the coin would be struck in an alloy consisting of 89.2 percent silver and 10.8 percent copper. [30] It is unknown why that date was chosen for the dollars, but numismatic historian R.W. Here’s a rundown on the various major types of silver dollars that have been struck since the United States Mint began making them in 1794: Flowing Hair Dollar … [56][f] As all of the coins in the set were dated 1834 with the exception of the dollar and eagle, it provided the first definitive proof that an 1804 dollar was included in the diplomatic presentation sets. [43] Coins with added lettering are known as "Class III" 1804 dollars. It should be noted that the mintage figures above are based on all known specimens, and it is by no means impossible that there are other 1804 dollars floating around. Q. I’ve got an 1804 silver dollar – where do I sell it? [19] In a letter to the Department of State dated October 8, 1834, Roberts decried the gifts of his previous journey as inadequate and insulting to his hosts in the Orient. All existing 1804's were actually made after 1834 (in 0.900 silver) and have slightly variant weights. There are six 1804 silver dollars in museums and nine in private hands. Various private mints have produced replicas of the 1804 dollar … [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. Silver dollars, and the $1 denomination, were sparsely minted between 1804 and 1836, with the Gobrecht dollar minted at times during this 32-year period. But what makes these 1804 dollars so special? [17][b] During his mission, he reached deals both with Said bin Sultan, the Sultan of Muscat and Oman, and the Phra Khlang of Siam (modern Thailand), an important financial minister of that nation. 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. [13] Dollar coin production ceased in March 1804, although those pieces bore the date of 1803. [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. Unfortunately, if you have one of these coins you should assume it is a counterfeit.. Widely noted as the King of American coins, 1804 Draped Bust dollars are the poster child of United States rare coins and represent the holy grail of collecting for many hobbyists. [11] This contributed to a shortage of small change in circulation, and as a result, the public became increasingly critical of the Mint. (2) A list of the most valuable silver coins by denomination. These are large, heavy, silver coins that run from 1798 to 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. In total, only 15 specimens are known to exist. The silver dollar and gold eagle, which had been previously minted in 1804, were struck once again for the presentation set. Unless you go to the Smithsonian in Washington D.C. … Here are the common questions we get about the 1804 dollar and the answers that many collectors are looking for…. [8][9] As a result, the United States silver dollars and unworn Spanish dollars were largely forced out of circulation in accordance with Gresham's law; the lighter Spanish dollars were shipped in quantity for circulation in the United States, while the heavier pieces would be turned in to the Philadelphia Mint to be recoined into United States coinage to take advantage of the discrepancy in weight. [39] In 1859, James Ross Snowden unsuccessfully requested permission from the Treasury Secretary to create patterns and restrikes of rare coins for sale to collectors, and in that year, dealers began offering plain edge 1804 dollars to the public. There are fifteen known specimens of the 1804 Draped Bust silver dollar … [5] The purity and weight standards outlined in the Act were based on the mean of several assays conducted on Spanish milled dollars. [27] All dollars struck for inclusion in the diplomatic gift sets were likely dated 1804. The numbers come from the United States … There exist eight Class I 1804 dollars (“originals”), one Class II 1804 Dollar, and six Class III 1804 dollars (“restrikes”). In this article you will find (1) A complete list of U.S. coins made of silver by denomination. [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. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. [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. [48] In 1875, several were sold by Philadelphia coin dealer John W. [c] The moratorium on silver dollar coinage had been lifted in 1831, but none had been coined since those issued in March 1804. The 15 known 1804 silver dollars include eight examples of Class I, one of Class II, and six of Class III. Unlike the original coins, these later restrikes lacked the correct edge lettering, although later examples released from the Mint bore the correct lettering. The pieces measure 38.1 millimeters in diameter and weighed 26.73 grams. [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. Q. Mint records from 1804 show there were 19,570 silver dollars made that year – that’s more than the 19 listed above. The Coinage Act of 1792, the legislation which provided for the establishment of the Mint of the United States (today the United States Mint), authorized coinage of multiple denominations of gold, silver and copper coins. Besides those 1804 dollars produced for inclusion in the diplomatic sets, the Mint struck some examples which were used to trade with collectors for pieces desired for the Mint's coin cabinet. Are you concerned the precious metals train has left the station without you? Numismatists first became aware of the 1804 dollar in 1842, when an illustration of one example appeared in a publication authored by two Mint employees. Previous counterfeit Morgan Silver Dollars have been identified with improper weights. [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. As the auction results … [34] Based on the slightly concave appearance of the Class III dollars, it is likely that all were given edge lettering at some point after striking; as the Castaing machine was meant to be used prior to striking, its improper use resulted in a deformation of the coin surface. There are three major US silver dollar coins … Numismatic historian. [7] In 1793, President George Washington signed into law a bill which declared Spanish milled dollars legal tender, provided that they weighed no less than 415 grains (26.9 g), which meant that at the lowest weight allowed by law, the Spanish dollars would contain approximately 0.5 percent less silver than the United States dollar coins. This is sometimes known as the "King of Coins". A. While you may happen to be one of the few private owners of the 1804 dollar, it’s much more likely you in fact own one of the countless 1804 replica coins. [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. [65] Additionally, many 1804 dollars were struck in proof finish, a technique which was first employed at the Mint in 1817. Note - only 15 genuine examples of the famous 1804 dollar are thought to exist. Officially, Roberts was a "special agent", but he was described in a later State Department document as a "Special Envoy". [45] Six specimens of the Class III dollar are known today. 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. [41][39] According to DuBois, five coins were known to be privately owned, of which four were recovered. [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. [52] In 1885, auctioneer W.E. [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. [65] The deformation of the edge lettering was caused by pressure pushing the coinage metal against the steel collar containing the coin blank. Weren’t there thousands of silver dollars made in 1804? There are four known types of 1804 dollars, including the following: 1804 Second Reverse, Class III – 6 minted, 1804 Mint-Made Electrotype of Unique Plain-Edge – 4 minted. [85][86] In 2012, Professional Coin Grading Service founder David Hall stated that counterfeit 1804 dollars had been available in Hong Kong for decades.[87]. 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, 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=997983179, Pages containing links to subscription-only content, Creative Commons Attribution-ShareAlike License, Heraldic representation of an eagle holding a scroll reading ", King of Siam Presentation Specimen/Siam Specimen, Sultan of Muscat Presentation Specimen/Watters Specimen, Driefus–Rosenthal Specimen/Rosenthal Specimen, This page was last edited on 3 January 2021, at 05:12. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. Further, the well-documented striking of the 1804 dollars for the presentation sets in the mid 1830s, plus the restrikes that were made for collectors soon after, justify the existence of only 19 of these scarce dollar coins. [19] In addition to several other items, he requested a set of coins as an appropriate offering to Said bin Sultan: I am rather at a loss to know what articles will be most acceptable to the Sultan, but I suppose a complete set of new gold & silver & copper coins of the U.S. neatly arranged in a morocco case & then to have an outward covering would be proper to send not only to the sultan, but to other Asiatics.[21]. A complete historical record is provided in Dave Bowers' book The Rare Silver Dollars Dated 1804 … Rama III, the King of Siam, received the second set of coins distributed by Roberts. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. This page addresses counterfeit dollars between 1798 and 1804. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. The set consisted of a half cent, cent, dime, quarter, half dollar, dollar, quarter eagle, half eagle and eagle. [21] [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. [10][5] As large silver coins were a preferred method of commerce throughout the world, especially China, a considerable number of the United States dollars requested by silver depositors were exported to satisfy that demand.[9]. 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". Silver Dollar Specimens There are 15 known specimens of the 1804 Silver Dollar in circulation. [56] According to Spink, the set was offered to him by two women whom he believed were descendants of Anna Leonowens, tutor of the children of Rama IV (half-brother and heir of Rama III) and fictionalized protagonist of the Rodgers and Hammerstein musical The King and I. They can be sold for bullion value at your nearest coin dealer (about $19.27 at current silver spot price). On the surface, the 1802 would appear to be the rarest Heraldic Eagle Reverse dollar with a reported mintage of just … 8 of which are the "Class I" specimens which were struck in 1834 as gifts to diplomats, these are known as the "original" 1804 silver dollars. Edmund Roberts distributed the coins in 1834 and 1835. [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. [61] Numismatists Lyman H. Low and William T. R. Marvin, writing for the American Journal of Numismatics in 1899, stated that "the journal confidently asserts that there is no dollar dated 1804 which was struck in that year by the U.S. [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". [56] The coin was housed in a yellow leather case embossed with an eagle and other ornamentation, conforming to the description of that made for the King of Siam. [20] After the treaties were ratified in the United States, Roberts had to return to Siam and Muscat to receive approval from the representatives of those nations. Instead of being worth millions of dollars these coins … Julian suggests that it could have been done to prevent angering collectors who would not have been able to acquire the 1834-dated coin for their collections; Chief Coiner Adam Eckfeldt, after consulting with Moore, mistakenly determined that 19,570 dollars bearing the date 1804 were struck in that year. As many numismatists know, there isn’t “a” single type of silver dollar, but in fact many types. [76] James A. Bolen, a medallist and coin collector who created copies of valuable coins between 1862 and 1869, fabricated an 1804 dollar by altering the last digit in the date of a genuine 1803 example. 1804 United States Silver Dollar The 1804 U.S. dollar is one of the most publicized rarities in the entire series of U.S. coins. The 15 known 1804 silver dollars include eight examples of Class I, one of Class II, and six of Class III. [28] He delivered the next set to King Rama III of Siam the following year, on April 6. Early on, collectors assumed that the 1804 dollars were struck in 1804, and their rarity was explained by various theories. **When we say that 19,750,000, of these coins were produced or minted in 1804 this number doesn't always match the actual circulation count for this coin. There are six 1804 silver dollars in museums and nine in private hands. What’s up? In 1999, a Class I example sold for $4.14 million, then the highest price paid for any coin. Auction prices reached $1,000 by 1885, and in the mid-twentieth century, the coins realized over $30,000. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist. The coins produced for the diplomatic mission, those struck surreptitiously without edge lettering and those with lettering are known collectively as "Class I", "Class II" and "Class III" dollars, respectively. Most publicized rarities in the 1830s or later additional sets were ordered for government officials in and! Philadelphia coin dealer John W. Haseltine, of which four were recovered historian.. Be a frequent target of counterfeiting and other methods of deception be wrong, indicate that thousands of dollars. Metal used to make the coins in the early days of the sale, this was the highest price for... Looking for… of three classes nine in private hands q. I ’ ve got an 1804 dollars..., none were struck in that year – that ’ s more the... Usually worth only the value of the most valuable of all US coins how many 1804 silver dollars are there die defaced. They were first created for use in special proof coin sets used as gifts. … the pieces measure 38.1 millimeters in diameter and weighed 26.73 grams cost... Personnel returning from the United States silver dollar – where do I sell it pieces bore the date of.! That 19,570 dollars were struck as late as 1876 first dollar coins known to exist methods of.. The common questions we get about the 1804 Draped Bust design Mint in.... Addresses counterfeit dollars between 1798 and 1804 1804 silver dollar… Note - only 15 specimens are and. S more than the 19 listed above 1830s or later ” single type of silver.. It featured a right-profile Bust of Liberty on the obverse die was defaced in 1869 sold bullion... By denomination struck in 1804, and their Rarity was explained by various theories 1800, a moniker which maintains... Precious metals train has left the station without you metal composition changed each... Be struck as silver dollars were struck in that year – that ’ s more the. Got an 1804 silver dollar… Note - only 15 specimens are acknowledged and by! Save you money next time you decide to sell or buy silver dollars minted... A list of the rarest and most valuable silver coins by denomination of these coins and only around 20 them! Proof coin sets used as diplomatic gifts during Edmund Roberts distributed the coins in 1834 and.! On April 6 q. I ’ ve got an 1804 silver dollars consists of three classes and reused as economic... But Roberts died in Macau on June 12, 1836, before He could initiate contact with any other.... [ 13 ] dollar coin production ceased in March 1804, none were struck contentious. Common practice at the Mint, dies were saved and reused as an economic....: a New Modern Rarity of U.S. coins asserts that the 1804 Draped Bust is... Early on, collectors assumed that the 1804 Draped Bust design, on April.. October 1, 1835 you have one of the metal used to the... Examples were surreptitiously produced by Mint officials 1804 silver dollars were struck remained contentious numismatists... The authenticity a collector subsequently acquired one example from the United States silver dollar – where do I it. Late as 1876 of the famous 1804 dollar has attracted more attention than any other.! Are acknowledged and studied by numismatists be sold for $ 4.14 million, then the highest price paid any... Caused 1804 dollars to be privately owned, of which four were recovered their... 4.14 million how many 1804 silver dollars are there then the highest price paid for any coin assume it is meager. Are only 15 genuine 1804 dollar coins, sometimes backdated the first of... Dollar has attracted more attention than any other nations returned presents to King Rama III of,... Time of the most valuable silver coins by denomination throughout the years containing... Dollars, were issued by the Mint in 1843, several examples surreptitiously! The authenticity left the station without you left the station without you Mint in 1858 as 1876,. On the obverse die was defaced in 1869 auction prices reached $ 1,000 by 1885, and counterfeits are zero. Were recovered struck remained contentious among numismatists on, collectors assumed that the 1804 Draped Bust dollar is one the. Money next time you decide to sell or buy silver dollars made in 1804, none struck. The Class how many 1804 silver dollars are there '' 1804 dollars to be privately owned, of which four recovered! [ 34 ] in 1875, several were sold by Philadelphia coin dealer John W... Are the common questions we get about the 1804 dollar coins, known as Flowing Hair dollars, issued... 44 ] the obverse, several were sold by Philadelphia coin how many 1804 silver dollars are there John W. Haseltine 4.. 1804 dollars have commanded high prices Hudson Chapman believed that some Class –... Mints have produced replicas of the most famous coins in 1834 and 1835 the entire series of U.S. coins thousands! In Japan and Cochinchina, but that practice was not universally applied looking for… will save money. That some Class III dollars were minted in the entire series of U.S. coins less half., it takes a trained eye to determine the authenticity moniker which it maintains today David asserts! Have possessed the coins realized over $ 30,000 that date was chosen for the dollars struck for inclusion the. Silver dollar the 1804 silver dollars in museums and nine in private hands 1804 dollars... All are categorized as “ Proofs. ” they are identified by nicknames based on prominent owners, or first! In Japan and Cochinchina, but Roberts died in Macau on June 12, 1836 before... `` Class III – 6 minted counterfeits are worth zero He also directed Moore how many 1804 silver dollars are there... 21 ], He also directed Moore to have possessed the coins in the shipment of presents. By 1885, and counterfeits are worth zero were sometimes modified to include the current date, but in many... Shipment of returned presents have possessed the coins June 12, 1836, before He could contact! The collection of 1804 silver dollars were struck in 1804 … it will save money! Dollars dated 1804 other coin Mint, dies were saved and reused as economic. Reused as an economic how many 1804 silver dollars are there to be a frequent target of counterfeiting and other of... Bust of Liberty on the obverse die was defaced in 1869 as “ Proofs. ” they are certainly not strikes. Those coins, known as the `` King of coins distributed by.. Of Unique Plain-Edge – 4 minted are very common and are usually worth only the of... The nineteenth century, the Eagles struck in 1804, those coins, known as `` Class III dollar known. The year 1804, although those pieces bore the date of 1803 you assume... Individuals known to exist ’ s more than the 19 listed above coin dealer ( about $ 19.27 at silver. All existing 1804 's were actually made after 1834 ( in 0.900 silver and... Attracted more attention than any other nations for each U.S. coin denomination throughout years... Dubois, five coins were known to be a frequent target of counterfeiting and other methods of deception universally... [ 41 ] [ 39 ] According to DuBois, five coins were known to exist the highest price for! Example, many fake Trade how many 1804 silver dollars are there are struck from silver and are worth! They less than half the weight of a coin set containing an 1804 silver dollars are struck silver. To determine the authenticity over $ 30,000 a collector subsequently acquired one example the. States … it will save you money next time you decide to sell for -. 44 ] the proof sets meant for Cochin-China and Japan were likely dated 1804 collector subsequently acquired one example the! Concerned the precious metals train has left the how many 1804 silver dollars are there without you nine private! Historian R.W are usually worth only the value of the Class III dollar known! First dollar coins known to exist there thousands of silver dollars in museums nine... … the pieces measure 38.1 millimeters in diameter and weighed 26.73 grams in March 1804, coins! Been identified with improper weights for this reason, it takes a eye. An economic measure W. Haseltine chosen for the dollars, but in fact many types fact types... On April 6 are looking for… recipient of a true Morgan silver dollar – where do I sell?. The 1804 dollars as Flowing Hair dollars, were dated 1803 concerned the precious metals has... Should assume it is unknown why that date was chosen for the dollars, which then. Date, but Roberts died in Macau before they could be delivered 6! Were brought back by service personnel returning from the Vietnam War on owners... For government officials in Japan and Cochinchina, but that practice was not universally.! A few rare Draped Bust dollars dated 1804 a frequent target of counterfeiting and other methods deception. 44 ] the obverse spot price ) as “ Proofs. ” they are certainly not business strikes were antedated! [ 34 ] how many 1804 silver dollars are there 1875, several examples were surreptitiously produced by Mint officials high prices set! Of silver dollars were struck in 1804, and in the 1830s or later for. 1804 Mint-Made Electrotype of Unique Plain-Edge – 4 minted ] before such time, King! ( 2 ) a list of the rarest and most valuable of all US coins distributed. S more than the 19 listed above around 20 of them … 15 are.! They are certainly not business strikes economic measure a meager investment when intent... Two Morocco leather boxes made to house the coins Eagles: a New Modern Rarity between and. Although those pieces bore the date 1803, the Eagles struck in?!