[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permitted restrikes, there was a minor scandal which resulted in a Congressional investigation and the destruction of outdated coinage dies. However, did you know that some exceptionally rare coins were minted to be gifted to early-time overseas rulers? But there are those that are not so stamped and appear pretty deceptive to the inexperienced of the series. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. Often used in jewelry and industrial products, platinum is a rare precious metal that is always in high demand. Now the fun begins, as the counterfeiters use the base example and die and create the improbable family series of dates. The Dexter 1804 silver dollar is one of the world's great "story coins." Without its story, this coin would be just another high-grade proof, Draped Bust silver dollar. 1795 BB-51 B-14 Small Eagle Draped Bust Silver Dollar ANACS XF 40 Details $2,995.00 $1.99 shipping Handicrafts 1795 commemorative copper silver-plated commemorative coins $12.99 $3.99 shipping 1795 $1 Flowing Hair Silver Dollar Certified NGC FA 2- Rare - Three Leaves $3,400.00 0 bids $24.00 shipping 5d 17h or Best Offer Marking the significance of this coin being made into a medallion replica to SilverTowne's history, an interesting difference for this replica medallion can be found in the ribbon in the Eagle's mouth on the reverse, instead of "E PLURIBUS UNUM" this piece says "DEXTER" and "HENDRICKSON" bringing light . PCGS Proof-65 , Parmalee-Reed Specimen (Formerly owned by Byron Reed. "The 1804 Dollar." Coinage of silver and gold coins started in 1794 and 1795. Thus, identifying an 1804 counterfeit can be quite straight forward. Sign In. This continued for two years, until 1860, when Snowden took the dies from them. I Did A Test Silver & Weight Was Correct. The King is not dead. Currency, Shop All After the sale of the Stickney, Ellsworth, and Atwater collections, Louis Eliasberg kept R until his death in 1976. In fact, the $10 Gold Eagle and the Bust silver dollar (which were included in the set) actually had not been produced for decades. PCGS Proof-65 , King of Siam Presentation Specimen or Siam Specimen (Currently part of the King of Siam Proof Set. 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. [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]. He placed one of these first restrikes in the Mint Cabinet Collection and supposedly had the others melted down. They are 1.2 ish ounces. [72], Counterfeits and spurious reproductions of the 1804 dollar have been created since numismatists became aware of the coins' high value. However, one may rightfully ask how only 15 of such examples were ever accounted for. As I have previously stated in other articles one of the best ways to protect yourself from this type of fake for sale is to learn the series yourself. Such is precisely the case with 1804 silver dollars. [34] In total, eight specimens of this type are known today. Top 5 Silver Bullion Coins in 2022 Silver Dragons 55K views 1 year ago My Biggest Silver Unboxing Ever! Lot 0156, Mar 07, 2023 . Ideas, Gifts for To avoid counterfeiting violations, businesses often produce replicas of U.S. coins in larger diameter (e.g. Stack's then bought it for $150,000 in 1974 for Reed Hawn, where it remains today. Coin Collecting Accessories No, replicas are not legal tender. $3.99 delivery Mar 14 - 23 . Meanwhile, in other cases, you may also use the weight to measure the coins authenticity. With that said, lets shed some light on how the 1804 silver dollar came into being and its contribution to history. We have sent your voucher code to your email! From a numismatist's perspective, platinum U.S. ), The 1982 Penny Value Chart (Most Valuable Penny Sold for $18,800), Most Valuable Antique and Vintage Vases: Identifying, Valuing and Buying (2023 Updated), A Detailed Outlook on the 2000 Sacagawea Dollar Value, Antique Floor Lamp: Identification, Valuation, And Buying Guide (2023 Updated), The obverse of a coin depicts an allegorical woman, The reverse of a coin depicts a heraldic eagle, Mint Cabinet Specimen/U.S. Coin 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. . [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". Genuine U.S. coins feature the denomination (e.g., One Dollar), while replicas generally omit the denomination and feature a description of the product in its place, such as giant proof or silver proof or .999 fine silver. Because the features vary from product to product, it is very difficult to offer general guidelines in this area. Counting both originals and official restrikes, only 15 of the 1804 Draped Bust silver dollars are known to exist. "[15] Though none had been struck for over two years, Secretary of State James Madison officially suspended silver dollar coinage on May 1, 1806, addressing a letter to Patterson: Sir: In Consequence of a representation from the director of the Bank of the United States that considerable purchases have been made of dollars coined at the mint for the purpose of exporting them, and as it is probable further purchases and exportations will be made the President directs that all the silver to be coined at the mint shall be of small denominations, so that the value of the largest pieces shall not exceed half a dollar.[16]. 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. [84], More modern replicas, known as "Saigon copies", were commonly offered as original at low prices to American soldiers during the Vietnam War. Presidential Coins, Kennedy Half [27], Roberts delivered the first set of coins to Said bin Sultan on October 1, 1835. Free shipping for many products! 8868aa.jpeg fbfcf8.jpeg Answered in 30 minutes by: Antique Expert: ExpertAppraiser A second, the Mickley specimen, started out when a teller supposedly picked the dollar out of a deposit at face value and sold it to Joseph J. Mickley, from whom it gets its name. * All prices are quoted net of the statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise described. It is IMPOSSIBLE that these could be genuine original coins. Unlike the original coins, these later restrikes lacked the correct edge lettering, although later examples released from the Mint bore the correct lettering. There is no way a coin can be worth over $1 million without someone trying to pass off counterfeits. Only seven (Draped) 1804 silver dollar examples were ever minted. It, Read More Ultimate List Of Most Valuable State Quarters (Cost Upto $17,250)Continue, In 1898, the Spanish-American War was fought between the United States and Spain. Draped Bust silver dollars were struck from 1795 to 1803. What Was Kinda Funny. In 1834, two special proof sets were produced as gifts for the King of Siam and Sultan of Muscat. White circles indicate common markers; note: the breaks at stars 4 and 5 are common to the genuine variety and duplicated in these two as well. Is There Anyone Who Can Give Me 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. 354609648590 Rama III, the King of Siam, received the second set of coins distributed by Roberts. A closer look at the mentioned coin . USA (1878-1893) CC Morgan Dollar COIN COPY commemorative coins-replica coins medal coins collectibles +Shipping: US $1.72. & Sales Figures. According to sources, the set of coins owned by the King of Siam made its way down certain family generations until it was finally passed down to the Smithsonian Institution in 1983. Save on delivery. 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. "February". Officially, Roberts was a "special agent", but he was described in a later State Department document as a "Special Envoy". [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. For instance, a class I (1) or original 1804 silver dollar will cost you more than a class II or class III 1804 silver dollar coin. Genuine U.S. coins feature the denomination (e.g., One Dollar), while replicas generally omit the denomination and feature a description of the product in its place, such as "giant proof" or "silver proof" or ".999 fine silver.". 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. (Originals were made in 1834 and 1835 for inclusion in special proof sets, and restrikes were made in 1859.). Mint Mark: No mint mark. [28] He delivered the next set to King Rama III of Siam the following year, on April 6. Therefore, keep a close eye for graded certifications and engravings to find the true worth of an 1804 silver dollar. How much is a 1804 liberty 1 dollar coin grade 2 is worth in 2014? Engraved Prints, Shop All Gift previous, Kids . According to the U.S. Mintage records, a total of 19,570 1804 silver dollar coins were minted; however, only 15 examples can be identified. Let us know on Facebook, Twitter, Instagram, or Pinterest. Do you know anything about this company? The 1804 silver dollar coins, known as "King of American Coins," were specifically struck in 1834 to be given by the U.S. State Department as diplomatic gifts fit for a king. Today, it is owned by Spectrum Numismatics, who bought it in 1993. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. It was recovered in 1982 and loaned to the ANA Museum, but when du Pont's Class I dollar was recovered in 1993, this coin was donated to the Smithsonian. He sold four of these coins for seventy-five dollars each and was found out because the workmen had been careless. Early Dollars (1794-1804). The best, most straightforward measure is to check the coins grade. [54] All fifteen extant specimens are acknowledged and studied by numismatists. An error has occurred, please try again later. Numismatic historian. Through the actions of the Mint and numismatists around the world, we have been given a beautiful and fascinating coin with a history that can make us realize how small the world really is. In 1842, two Philadelphia Mint employees published their book, A Manual of Gold and Silver Coins of All Nations, Struck Within the Past Century, which showed a plate of a United States 1804 silver dollar. 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. Required fields are marked *. Also, according to the USA Coin Book, an 1804 Class III (Draped) silver dollar is worth a whopping $2,249,605! Looking for gold and silver coins? [43] Coins with added lettering are known as "Class III" 1804 dollars. "The danger we all now face is distinguishing between what is authentic . Eckfeldt and his accomplices continued to risk themselves by striking even more dollars from the set of dies they still had. You may use the internet to countercheck the weight of an original 1804 silver dollar against a phony one. The exception to this is one dollar, which is now in the Smithsonian Institution's National Coin Collection with other pieces from the Mint Cabinet. No one outside of the Mint had obtained solid proof of their existence until this time, although there were rumors in the numismatic circles of the day. Dexter's collection of silver dollars was complete by date from 1794 to date, including a set of Proof trade dollars acquired at the same sale as the 1804. Most of them have been auctioned off in recent years. Click to Learn More. Caring for your collectibles is essential for preserving their appearance and protecting their long-term value. Visit us first for a free evaluation. Lately I have seen similar coins and Morgan silver dollars from a company called Aprilera. 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. Find many great new & used options and get the best deals for 1794 Trade Dollar -Copy/Fake -Fun Collectible!- at the best online prices at eBay! [5] The purity and weight standards outlined in the Act were based on the mean of several assays conducted on Spanish milled dollars. Currently in display at the American Numismatic Association Museum, Colorado Springs. [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. The King of Siam coin has traveled the world in its history, and was owned by three kings before being given to Anna Leonowens, who was none other than Anna of Siam, the main character in The King and I. 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