The Class II (Draped) 1804 silver dollars were subject to a new die and consisted of bead-less borders to match the latest coin minting requirements. Re: what is the "copy" stamped into a coin for ? The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint.The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. If there were a way to add the image here I would! As a result, it is believed that the dollars struck in 1804 actually displayed a date of 1803 or even earlier. It was sold approximately ten times before becoming a part of the Sommer Collection, where it remains now. The specimen consists of a stamped engraving labeled D, signifying the owners name initials. [63] In 1905, he recanted his earlier assertions, stating that "no one now believes that they were coined in 1804. 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. "[62] In 1891, numismatist John A. Nexsen wrote that the Class I 1804 dollars were "without doubt coined in 1804". Silver coins have remained a favorite of collectors for decades. 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. The world COINS. At the sale of his collection, it was purchased by Byron Reed, who in turn willed it to the Omaha City Library. 1802 silver dollars with surface issues such as cleanings, holes, gouges, or other problems . Also, according to the USA Coin Book, an 1804 Class III (Draped) silver dollar is worth a whopping $2,249,605! Cut short, only 6 7 cases of class III (Draped) 1804 silver dollars are accounted for. The set consisted of a half cent, cent, dime, quarter, half dollar, dollar, quarter eagle, half eagle and eagle. American $1 Coins, SHOP Then, in 1971, Stack's sold it to James McConnell, Jr. who still owns it now. [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. USA (1878-1893) CC Morgan Dollar COIN COPY commemorative coins-replica coins medal coins collectibles +Shipping: US $1.72. US $ 0 . The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen specimens are currently known to exist. Instead, the coins were minted in 1934, during the office of the seventh American President, Andrew Jackson. I primarily collect and study U.S. coins produced during the 20th century. Varieties and Production The varieties of 1804 silver dollars are known as Class I, Class II, and Class III. For the best and most secure experience in our catalog, please update your browser. Gustave Baumann (German/American, 1881 - 1971). Save on delivery. Since then, this set has been sold for record-breaking sums up $2,900,000. 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. Uncertified US Early Dollars 1794-1804, Silver US Early Dollar Coins (1794-1804), 1797 Year US Early Dollar Coins (1794-1804), Later, electrotype copies of this coin were made for sale to collectors, although they are not recognized as authentic today. "[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]. Im also the editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). 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. Meanwhile, class III coins feature lettered edges. Here isthe story of the 1804 Bust dollar,which is is often dubbed The King of American Coins. 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. Sin embargo, en todo lo dems parece genuina. [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. Author: Charles Boothby. [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. The first dollar coins, known as Flowing Hair dollars, were issued by the Mint beginning in 1794. 99. Kocreat Copy 1892-S-Morgan Dollar Plating Silver Coin-Replica U.S Old Original Pre Morgan Souvenir Coin Hobo Coin Lucky Coin Hobby Collection. Its whereabouts were unknown until circa 1880, when C.A. They are the liberty dollar with an eagle on the back. Find many great new & used options and get the best deals for 1804 Bowed Liberty Dollar Coin Copy 1 Troy Oz .999 Fine Silver Round In Box COA at the best online prices at eBay! Us, ALL Only five examples of the coins are said to be minted. PS As always, the research and summary articles continue to be a collaborative effort with many EAC members and Facebook Dark Side friends participating and contributing. [27] All dollars struck for inclusion in the diplomatic gift sets were likely dated 1804. Coins. They are 1.2 ish ounces. Mint Mark: No mint mark. They were to contain every domestic coin being used at the time and were used as gifts to open up trade talks. PCGS Proof-62 , Cohen Specimen (Subject to robbery in 1967 from the possession of Willis DuPont. [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. This is sometimes known as the "King of Coins". If you bought a replica believing that you were purchasing a genuine United States Mint product, you may be entitled to a refund or redress from the business that sold the replica to you. 1993 by Bowers and Merena Galleries, Inc.Wolfeboro, New Hampshire. At first glance, one may think that the 1804 silver dollars were minted in 1804, which is a rookie mistake. COIN & MEDAL PROGRAMS, History of U.S. For instance, a Class III Draped Bust Silver Dollar was auctioned and sold for $1,880,000. Where can I seek refund or complain if I purchased a replica believing it to be a genuine U.S. coin? For instance, wrong fonts, rough edges, improperly positioned patterns and letters, and dull surfaces, are all fingers pointing to a fake 1804 silver dollar. Face Value: 1.00 USD. Click to Learn More. It is IMPOSSIBLE that these could be genuine original coins. . Early on, collectors assumed that the 1804 dollars were struck in 1804, and their rarity was explained by various theories. [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. 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. 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. In fact, the most expensive (Draped) 1804 silver dollar was auctioned and sold for $7.68m, becoming the second-most valuable U.S. Dollar ever sold. The 1804 silver dollars were produced in 1834 during the time in the office of the seventh U.S. President, Andrew Jackson. [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. Chapman. CoinWeek: Rare Coin, Currency, and Bullion News for Collectors, United States 2016 American Eagle Platinum $100 Proof Coin, First 2023 Collector Coins From Italian Mint Honor Art of Vantivelli, Heritage Offering Special Collection of World Coins, Part II, Perth Mint Issues 2023 Australian Koala Silver Bullion Coins, US Mint Releases U.S. Army 2.5 Ounce Silver Medal March 6, Big Things Happened at the United States Mint in March, Jeff Garrett: The Box of Twenty Approach to Coin Collecting, Roger Burdette: First 1878-S Morgan Silver Dollars Struck, 2023 Congratulations Set With Silver Eagle Proof on Sale March 2, The Coins of Carthage During Hannibals War With Rome. There are now eight examples of the Class I original dollar, six of the Class III restrike, and only one of the Class 11 restrike. 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. All 15 examples of the coin are accounted for on the internet, along with their weight figures. [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). They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. The reverses are pretty unremarkable for common marks; the red circle highlights a rim ding unique to the second example of these two. This makes it easy to spot a fake as any wear at all would be an obvious tell that it is a fake coin. "If you climb a good tree, you get a push." -----Ghanaian proverb. From their discovery by numismatists, 1804 dollars have commanded high prices. 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 Coin Replica Silver Rounds Show Items 40 80 120 Sort By List Grid Top Pick 1/10 oz Silver Round - APMEX (Mercury Dime) $5.81 As Low As Top Pick 1/10 oz Silver Round - Buffalo $5.71 As Low As 1/10 oz Silver Round - Walking Liberty $5.71 As Low As 1/10 oz Silver Round - Incuse Indian $5.71 As Low As 1/10 oz Silver Round - Morgan Dollar Design Coins, Precious The Stickney specimen is none other than the coin that Matthew Stickney got directly from the Mint in 1843. 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