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). Your browser is out of date. The Hobby Protection Act requires that all imitation coins and other numismatic items be permanently marked with the word COPY. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. Conclusively, the exact cost of an 1804 silver dollar depends on its type and classes (Class I, Class II, and Class III). 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). All were minted during the year's first quarter. I would like Who can help me. Liberty Coin & Currency specializes in rare coins and currency. They will typically indicate that they are copy coins, so that they do not deceive consumers. In response to numismatic demand, several examples were surreptitiously produced by Mint officials. The only possible solution to this mystery is that James V. Dexter . New York, New York. So, the 1804 silver dollars and history have a lot in common. In the same way, you can pick up a replica 1804 silver dollar for 15 bucks! [63] In 1905, he recanted his earlier assertions, stating that "no one now believes that they were coined in 1804. From genuine antique currency to organizing and maintaining your treasured collection requires 2011 Half-Pound Silver Eagle Replica Coin, 1804 Class I Silver Dollar Replica Archival Edition, 1921 Morgan Silver Dollar Proof Archival Edition, Do All payments for sales are strictly in U.S. dollars via PayPal, credit cards, personal checks, cashier checks, bank money orders and wire transfers, and are subject to all reporting requirements. The finest example of the 1804 silver dollar known to exist sold for US$7.86 million at a Stacks Bowers Galleries auction earlier this week, making it the second-most valuable U.S. silver dollar ever sold. Coin Silver Dollars and Trade Dollars of the United States. The Berg specimen was first sold from the Mint by Captain John W. Haseltine, who was involved in the sale of 4 out of the six Class III coins. Stack's Bowers Galleries The finest example of the 1804 silver dollar known to exist sold for US$7.86 million at. 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. Where can I seek refund or complain if I purchased a replica believing it to be a genuine U.S. coin? While the Sultan of Muscat proof set no longer exists as a complete set (along with its luxuriously crafted wood and leather box), the King of Siam proof set remains intact and has surfaced in recent decades. Save my name, email, and website in this browser for the next time I comment. The Sultan of Muscat . If you like a replica because of the way it looks (e.g. Site, Coin Coin Stamp Display - - Coin(s) are mounted in 40 pt. Metal Coins, back to Therefore, its common for counterfeits and master copies of (Draped) 1804 silver dollars to exist. [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". [43] Coins with added lettering are known as "Class III" 1804 dollars. Heres some advice on how to find a good coin dealer: https://coins.thefuntimesguide.com/coin_dealer/. The story behind the Driefus-Rosenthal coin, although touching, is probably incorrect. Real People. The red initial stamp could well indicate a proof impression. 1804 Draped Bust Silver Dollar. Yeoman, R. S. A Guide Book of United States Coins. [5] The purity and weight standards outlined in the Act were based on the mean of several assays conducted on Spanish milled dollars. latest deals on genuine U.S. currency and exclusive American Mint commemoratives. [84], More modern replicas, known as "Saigon copies", were commonly offered as original at low prices to American soldiers during the Vietnam War. Another dollar with an interesting story is the Dexter specimen. [65] Additionally, many 1804 dollars were struck in proof finish, a technique which was first employed at the Mint in 1817. As a result, it is believed that the dollars struck in 1804 actually displayed a date of 1803 or even earlier. . [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. Even though the U.S. Mint shows a record of minting a total of 19,570 1804 silver dollars, only 15 of those coins are ever accounted for. We are also gold, silver, diamond, currency and jewelry buyers. [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. To avoid counterfeiting violations, businesses often produce replicas of U.S. coins in larger diameter (e.g. [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. previous, back to The controversy prompted William E. DuBois, Mint Assayer, to try, in 1860, to recall the examples of the 1804 dollar in private hands. ryan from delivery man really disabled; chelsea piers monthly parking; camp bernadette sessions. [68][69] In 1903, an example sold for $1,800, and the same coin reportedly sold for $4,250 in 1941. [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. 3 days Left 1923 German Stamp Album that References England Using Stamps 4 Espionage & Germany's Economic issues $55. Officially, Roberts was a "special agent", but he was described in a later State Department document as a "Special Envoy". I can just imagine sitting on a collection of counterfeits that I unknowingly "got a good deal on". $3.99 delivery Mar 14 - 23 . [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. In 1885, James Dexter acquired it and stamped a small "D" in one of the clouds on the reverse to mark it as his own, a mark it still bears today. Bags, & Boxes, Code [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. I was wondering the same thing. Thanks! At the sale of his collection, it was purchased by Byron Reed, who in turn willed it to the Omaha City Library. Similarly, look for abnormalities/unusual patterns on the coins surface. [38] Several were struck at the Mint in 1858. Sets, Commemorative 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. Thinking about buying an 1804 Bust silver dollar for your personal collection? There are currently eight specimens of the Class I. The table below shows the value of an 1804 silver dollar over time: Thanks to its incredible exclusivity, it has become rare to see an 1804 silver dollar (original or otherwise, re-cast) exchanging hands. with the Liberty Cap half cent. [45] Six specimens of the Class III dollar are known today. To be able to use American Mint in full range, we recommend activating Javascript in your browser. Thus, consumers should not assume that the U.S. Government has approved or sponsored the advertised replicas. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. 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. Then, in 1834, President Andrew Jackson and the Department of State ordered that a set of coins be sent to both the King of Siam and the Imam of Muscat. 1802 silver dollars with surface issues such as cleanings, holes, gouges, or other problems . After January 1837, silver dollars were specified to weigh 412.5 grains. [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. American Coinage During The Reign Of Norton I of California: The Only Emperor of the United States, Contestants Try to 'Stump the Experts' at ANA, The West Point Mint Before The W Mintmark, The Many Faces of the George Washington Quarter. If magnet exhibits any kind of even slight attraction or shoots right down the coin, it's likely fake. After the sale of the Stickney, Ellsworth, and Atwater collections, Louis Eliasberg kept R until his death in 1976. 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. Jack D. Young. The table below shows the different nicknames associated with the various classes of 1804 silver dollars: Nicknames of Known 1804 Silver Dollar Specimens. [58], The fact that no 1804 dollars were struck in 1804 was not widely accepted by numismatists until the early twentieth century. Because silver dollar production had stopped after the 1803 date, there weren't any dollars bearing the 1804 date. [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. The PCGS3000 reflects the opinions of PCGSs coin price experts with respect to indexes developed by PCGS for specific coin categories. They have since been recovered. 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. USA (1878-1893) CC Morgan Dollar COIN COPY commemorative coins-replica coins medal coins collectibles +Shipping: US $1.72. This post may contain affiliate links. The 1804 silver dollar has been christened "The King of Coins," and duly so, as it is one of the rarest and most prestigious American coins ever minted. [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]. One of the oldest materials used in the minting of coins, silver has long been a favorite material of both serious numismatists and casual collectors. For instance, most (original) 1804 draped silver dollars are graded by third-party coin-grading companies, such as Professional Coin Grading Service (PCGS), Numismatic Guaranty Corporation (NGC), Independent Coin Graders (ICG), and ANACS. I Did A Test Silver & Weight Was Correct. The Parmelee specimen was bought for face value by an unknown lady, sometime around 1845. When I say this, I dont mean, Read More Rare And Valuable 2022 Quarter Errors: Lets Do Some Pocket HuntContinue, With the recent unfortunate event, it seems like Queen Elizabeth is everywhere. All original and most re-cast versions of the 1804 silver dollars are attested and graded by independent, third-party coin-grading companies, such as PCGS, ICG, ANACS, and NGC. Moore consulted the Mint records, which indicated that 19,570 dollars were struck in 1804. The most valuable U.S. dollar is the 1794 flowing hair dollar, which sold for more than US$10 million at a Stacks Bowers Galleries auction in 2013, the auction house said. [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". 1912. Most Valuable Quarters: A List Of Silver Quarters & Other Rare Quarters You Should Hold Onto! He then sold it to Lammont du Pont, and it remained in his family until 1967, when it and other pieces in the du Pont collection were stolen in an armed robbery. 1804 Draped Bust Dollar Silver Proof COPY by Gallery Mint Museum Ron Landis $150.00 Seller: coinscape (3,395) 100% Buy It Now +$4.95 shipping 11 watchers Sponsored 1804 Dexter Dollar Proof Copy Sterling Silver (US-511) $40.00 Seller: richstachurski (9,323) 100% Buy It Now +$4.00 shipping Sponsored This copy is for your personal, non-commercial use only. Typical counterfeit 1804 dollars have reeded edges . It was sold approximately ten times before becoming a part of the Sommer Collection, where it remains now. - 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 Numismatic historian. Required fields are marked *. 1804 Liberty Bust Silver Dollar COPY - 2 oz. In addition, the United States Mint provides this information on a case-by-case basis as questions or confusion arise on Hot Items. Coins, American They have been divided into 3 classes (based on the specific design and striking variations and whether the coins are original or restrikes). It was passed down through her family along with the rest of the set, and then sold it to David Spink, who, at the 1963 ANA Convention announced its existence and filled in the missing pieces of the dollar's history. Others have sold for between $1 million and $2 million in recent years. Extra 3% off with coins . [55], At the 1962 American Numismatic Association convention, British numismatist David B. Spink announced that he was in possession of a theretofore unknown 1804 dollar specimen. The Linderman specimen was one of the two 1804 dollars stolen from the Du Pont collection in 1967. 72. 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