In response to my questions, Halperin noted that the buyer owns “many” other Great Rarities and also owns rarities in other fields of collectibles. The Mickley-Hawn-Queller-Greensboro Class I 1804 is of higher quality than at least two of the three privately owned Class III 1804 dollars. Coins Sold in Stack’s Bowers Dec. 2020 Showcase Auction. 1804 silver dollar gets $10 million+ phone bid but doesn't meet reserve - Duration: ... Why A Real 1804 Silver Dollar Coin is Worth Millions - Duration: ... 1804 $1 Class III PR58 PCGS. Class I examples were made circa 1834 - these all have lettered edges and no rust pit in the field just left of the top leaf of the olive branch on the reverse. Indeed, published pictures do not convey the attractiveness of this coin. How much are they Worth? The ‘King of Siam’ 1804 dollar is PCGS graded “67,” though it was, for many years, in an NGC holder with a “Proof-65” certification. Since the silver dollar was still a legal denomination, the Mint created new dies and struck a small number of 1804 silver dollars. A nice example of a top grade is the 1894 dollar pictured. When this coin sold in August of 1999, it became the world's most valuable coin to date. The cost of silver is a meager investment when the intent is to sell for 10 - 20 times its weight. Even so, I have studied both coins and the Mickley-Hawn-Queller 1804 is just a more pleasing coin to hold and treasure. Send us your feedback, comments, or suggestions. For this reason, it takes a trained eye to determine the authenticity. This russet-purple color on the Mickley-Hawn 1804 and on the ‘King of Siam’ 1804 probably relates to the cases that were used at the time by officials at the Philadelphia Mint. On August 30th, 1999 this coin sold for $4.14 million dollars at an auction. Shipped with USPS First Class Package. Very beautifully minted copy of 1804 dollar in pure .999 silver. The lone Class II 1804 dollar, which was struck over a Swiss coin, is in the Smithsonian. Multiples of 20 rounds are packaged in sealed tubes. add a comment +1 vote! The characteristics of the Class I coin are lettered edges and no rust pit on the flip side to the left of the upper olive branch leaf. Of those eight, I recollect that three are definitely of higher quality than the Mickley-Hawn-Greensboro coin. At the auction, Jim Halperin bid on behalf of the buyer of this 1804 silver dollar. The Idler - Bebee Specimen, now on display at the headquarters of the American Numismatic Association. One of only six known Class III 1804 Draped Bust silver dollars has been sold for $2.475 million. PCGS Proof-65, 3. Coin Rarities & Related Topics: News and Analysis regarding U.S. coins, coin markets, and  coin auctions #181 ….. During the evening of Friday, August 9, Heritage conducted a ‘Platinum Night’ session as part of this firm’s pre-ANA auction at a hotel near Chicago. ); PCGS PR-68, 8. All fifteen of the 1804 Silver Dollars have been accounted for and exist in either museums or private collections.Coveted by collectors, but essentially impossible to own, a Class I type Silver Dollar sold in 2001 for $4.14 Million! A real 1804 Liberty Silver Dollar probably is worth millions. As the surviving, privately held Class I 1804 dollars tend to be of significantly higher quality than the surviving, privately held Class III 1804 dollars, it would be difficult to theorize as to how much of a premium a Class I 1804 would command over a Class III 1804 dollar of the same grade and of very similar appearance. 2020 © DISCLAIMER: All content within CoinWeek.com is presented for informational purposes only, with no guarantee of accuracy. PCGS PR62. National Numismatic Collection at the Smithsonian Institution, $365 • CoinWeek does not buy or sell coins or numismatic material and No endorsement or affiliation to or from CoinWeek.com is made. Demand for an 1804 Silver Dollar goes back to the 1850’s. Class I 1804 dollars have more historical significance and it is generally held that they are slightly more valuable than Class III 1804 dollars. PR35 • Thank you Greg Reynolds and COINWeek ! As for the precise numeric grade, really, who cares?”. Certain qualities of the known 1804 Silver Dollars (and other facts concerning their history) indicate that the first 1804 Silver Dollars were struck in or about 1834, when orders came from the State Department for special sets of coins to be struck for diplomatic purposes. TENSOR LIGHT - used by many numismatists to examine and grade coins. The obverse (front) is attractive to very attractive and the reverse (back) is more than very attractive. Cameo proof with smooth-as-glass surfaces. The Parmelee - Byron Reed Specimen. From 1803 or 1804 to 1834, no silver do… When locked, you will be scrolled directly to this table for all coins. Learn how your comment data is processed. likelihood of it being a fake? The first set, which is said to comprise of around fifteen coins, is known today as the Class II of the 1804 Silver Dollar coins. 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? In 1998, this coin was purchased by Legend Numismatics and placed in a collection that now includes rarities such as the 1794 Dollar from the Harry Bass collection, a 1795 Plain Eagle Dollar in PCGS MS65, a 1796 Dollar from the Whitney collection, a 1797 Dollar with obverse stars arranged 10x6 graded NGC MS65 from the Eliasberg Collection, an 1801 Dollar certified NGC MS63 from the Eliasberg collection, and an 1802 Dollar in PCGS MS64 from the Floyd Starr collection. PCGS The Standard for the Rare Coin Industry. This 1804 silver dollar is another one of the rarest and most expensive coins in the United States History. Particular coins being offered for sale may not have been included within particular indexes, and if included, may not have experienced the same market movements as the index as a whole. | 1946-1976: Louis E. Eliasberg, Sr. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. I was present at that Reed Hawn sale in New York in Oct. 1993.That same night, the Olsen-Hawn 1913 Liberty Nickel sold for $962,500. old man. Rarity-7. The pre-convention auction as a whole realized more than $28 million. From United States . The Davis - Wolfson Specimen, 13. Class I examples were made circa 1834 - these all have lettered edges and no rust pit in the field just left of the top leaf of the olive branch on the reverse. Class I Original. The Lady Liberty silver dollar from 1794 and 1807. Of the fifteen surviving 1804 dollars, eight are in private collections or other private holdings. The Atwater Collection sale included examples of the Class I and Class III 1804 dollars. (The most often found images of the ‘King of Siam’ 1804 give the impression that brown-russet tones dominate the coin, which is not close to the truth.). Coming in at number seven on our list of the most expensive coins in the world is the Silver Dollar Class 1, 1804. They are coins of impeccable reputation with impressive pedigrees, which reach back generations. If any silver dollars were minted during the year 1804, those probably would have been dated 1803. In the late 19th century, the most valuable coin wasn’t the 1804 silver dollar — it was worth just a piddling $570 in 1890 — but the 1892 World’s Columbian Expo half dollar. The original, or “Class I”, 1804 Silver Dollars were presented to the King of Siam and the Sultan of Muscat and Oman, with other specimens dispersed under unknown circumstances or retained by the Mint. The piece you posted in your photo only resembles the real thing. The history complete with all the players , and even speculation on how the coins patina was created . Some were brought back by service personnel returning from the Vietnam War. Class III 1804 dollars and the lone Class II piece are all regarded as ‘restrikes,’ though these are really novodels, creations that are different from corresponding “originals.” They were struck in 1858 or later to be sold to collectors and coin dealers. This statement by Travers brings to mind the controversy over the grade of the Adams-Carter-French Class III 1804 dollar. Only 8 of these coins were produced and each one is easily worth well over $2 million. Still, if you don’t know how to tell, take it to a reputable dealer or submit it to a grading service. Value of Class II 1804 Draped Bust Silver Dollar “Restrikes” Circa 1858. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. The only other coin to have sold for more than the 1804 Bust dollar is the 1933 Double Eagle — which brought in over $7.5 million at auction.. Watch Out For Fakes! Divided into "Classes," 15 specimens are known. The Stickney-Eliasberg 1804 was PCGS graded “65” in 1997. U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. PCGS PR-67, Class II - New reverse, plain edge, struck over an 1857 Swiss (Bern) Shooting Thaler, 9. To me, the Mickley-Hawn-Queller 1804 is far more attractive and exciting overall than the 1913 Liberty Nickel that sold for $3.17 million on April 25, 2013. 8 of these coins are ‘ Class I, which could be wrong indicate... Takes a trained eye to determine the authenticity for prominent collectors dollar Class 1, 1804 the underbidder who. - they all have lettered edges and a rust pit in the early 20th century, one of 1804. 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