Between 1858 and 1860, Theodore Eckfeldt, a U.S. Mint employee, illegally produced seven more 1804 Silver Dollars which he sold off. Soon after the sale a silly story without the slightest foundation in fact was circulated by some enemy of theirs in the hopes of doing them an injury and possibly of securing your trade. He consigned it to the Rarcoa portion of Auction 89, held on July 7th and 8th, 1989 in Chicago. A. Uncirculated coins with a grade of MS 60 can sell for around $60,000-85,000. These Original Type coins are the most valuable of the 1804 dollar and are worth between $2 million and $4 million each. Would not any dealer or expert in coins insist in examining the evidence upon which the jury based their verdict and then drawing his own conclusion. NGC AU+, 1804 G.B. Dexter sums up the disposition of the case. Laughin' 4/8/2018. Auctioneer Dennis Forgue called for a break to allow the media to interview Sconyers and Leon Hendrickson, former owner of the coin. Of course, you don't have to be a dedicated collector to enjoy the variety of Are coins not your thing? Seller: AMCoinshop Condition: REPLICA 2011 5 Oz Silver George T. Morgan Proposed Design 1876 COPY NGC Gem Proof UC OFFER: FREE CERTIFIED coins of your choice valued at up to $35 with purchase* $254.99 or Best Offer Seller: CertifiedCoins 1979 TURBAN HEAD EAGLE REPLICA PROOF Commemorative Coin LAYERED IN 24K GOLD, SPOT PLATIUM 32 GRAMS $16.25 The Heraldic color of the Royal House of Siam is yellow, and there is no doubt that apart from the question of sequence, this was the set desired for the King of Siam.. It would then have a fancy foreign pedigree.. Evidence suggests that another seven pieces -- known as "restrikes" -- were produced in the late 1850s, when Mint employees (often described today as "midnight minters") used old dies to make rare-date coins for sale to collectors of the day. On the other hand would not a certificate from such an authority as Snowden and the other experts be of much more value than any verdict. Gold Coins Spink stated, I could not avoid the conclusion that I had located what may well be the earliest existing United States Proof SetThe particular Dollar you see projected on the screen has never before been known to exist. His letter stated he was getting my bumps during these dull summer months, with no relief in sight until say September. It is now known whether Parvin answered the letter, but it is evident that a loan was not made. These are very common and are usually worth only the value of the metal used to make the coins. Popular designs from the Walking Liberty design and the Buffalo Nickel are available at competitive prices. You can be certain thatevery 1887-CC Morgan dollar iscounterfeit because the Carson City mint did not make any silver dollars in 1887 including 1886 and 1888. Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. 11.3 miles from Blasturm. The day I sold it to a coin store; as a error coin for $3500 CASH !! Kirk and R.A. McClure, gentlemen in charge of the U.S. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. Nonetheless, it's always a significant event when a high-grade coin of this nature comes up for sale. Answer: If it is a class A copy from the 1804 dollar, so it looks real for many non-coin experts the value might be between $25 to $100 on the market. Dunham Collection catalog. Scott A. Travers of New York City, a nationally known coin dealer, author and consumer advocate, pondered the price disparity as the Childs Sale approached, then offered some observations on the subject. Stacks Bowers Galleries conducted the sale with multiple auction sessions between 2015 and 2020 in cooperation with Sothebys. In addition, there are six fine enlarged photographic plates featuring the obverses and reverses of the three highlight coins bound in, these include the 1804 dollar, the 1822 half eagle, and the Proof 1855 Kellogg & Co. $50 gold. The Golden Eagle coins are minted at 22 karat purity (91.67% gold, 3% silver, 5.33% copper). In addition, he received three "Certificates of Genuineness" signed by four officials of the U.S. Mint in Philadelphia: A. Loudon Snowden, Register, Chief Coiner and Superintendent. Our replica coin has Exquisite workmanship, Amazing detail, and High-quality Materials, and Bring you a perfect feel. 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. Scott wrote Dexter on May 19, 1885, a few days after the sale. Roland G. Parvin, Dexters son-in-law, took an interest in the coins, and sought to add to the collection. The collection contains much more material than the highlights that are shown here. A replica of US coinage, if marked as "Copy" is lawful and legal to sell as a novelty. You wont have another chance for an 1804 in a hurry. He paused and after looking around, knocked it down to Mr. Scott, the room again applauding. Of course, the outstanding coin in this Series is the 1804 Dollar. Then too you must bear in mind that a good many of our experts will probably considerably modify their testimony when they come to go into the witness box and possibly some will fail to attend at all. and H. Chapman letterpress copy of June 3, 1885 letter guaranteeing Dexters 1804 dollar genuine exact copy from Chapman letterpress copybook at ANS. "In those days, the Mint was very little concerned about whether all new coins bore the current year's date. When a paint is copy is the artist able to copy the signature too. A. 1/2 OUNCE .999 SILVER ROUND, Morgan Dollar COPY 1/4 Troy Oz (.999) Fine Silver Bullion Round, FANTASTIC LIBERTY ONE DOLLAR , 1804. In a discussion at the 2019 Dayton EAC Convention on counterfeits, we talked of three "families" of fakes: the 1804 "C-6" half cent set, the 1833 "N-5" large cent set, and the 1795 . The result appears to have been simply to disgust you with collecting and putting you to great expense for nothing. It is important to note that the coins do contain a full 1/4 troy ounce of gold. & H. Chapman, purchased October 13th, 1884, at the sale of a fine collection in Berlin. One aspect that makes it one of the most sought after American coins in the history of coin collecting. Two more 1804 dollars sold during the 1990s for record-high prices. We value your privacy! The only confusing thing I guess is the picture states "actual size" which is about twice the size of mine. . Mint Mark: No mint mark. A newspaper account of his life stated, At one time seven rooms in one of his buildings, the Bank block at Sixteenth and Arapahoe streets, were filled with rare bric-a-brac from every part of the world. America's First Silver Dollar Became the World's Most Expensive Coin When It Sold at Auction on January 24, 2013 for $10 Million! According to Stacks Bowers, Total prices realized for the D. Brent Pogue Collection now exceed $131,980,000, reaffirming its status as the most valuable numismatic collection ever sold.. Thomas De Witt Cuyler Each coin is marked with its gold content - 1/4 oz fine gold. The pair owned the coin for just 24 to 48 hours before selling it to collector Bruce Morelan, a partner in Legend Rare Coin Auctions. This page was last updated: 02-Mar 00:16. Milas was involved in liquidating the Continental-Illinois Bank Hoard of about a million and a half Morgan silver dollars. Values in the table above are expressed in USD. Picture Information. Youll be able to learn the in-depth story of all 1804 silver dollars, including the background of each of the 15 known specimens. The sale was held in Berlin, Germany. Question asked: I bought an 1804 dollar and found out after visiting your site that it is a counterfeit, does it have any value? Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins Again, your 1804 dated dollar is not real. An 1804 silver dollar sold for US$7.68 million at an auction earlier this week. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. 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 photos are not clear Scholars have concluded that eight of these so-called "original" 1804 dollars were minted at that time. At this time, no single products are available. The official U.S. Mint report for calendar year 1804 shows that during that 12-month period, the Philadelphia Mint (the only mint then in operation in this country) struck a total of 19,570 silver dollars. Year: 1799. But Im happy with it., Hendrickson described the atmosphere at Auction 89 as fantasticI felt the crowd was really in the mood of the coin. Thank you. Price: $796.00-$22118.00+. i have a 1901 indian head penny, mint condition i may say . I called the ANA library and borrowed, by mail, a copy of the 1941 W.F. $810 next $850; Scott about $875, then 900 [sic], Scott $910 and stubbornly to $980 when Mr. Scott said $985, the next $990 when we instructed the auctioneer not to take less than $10, and Mr. Scott said $1,000., The room broke into hearty applause clapping hands and stamping their feet, the auctioneer said, Gentleman are you done? Jack. Now there are six to seven known, according to A Guide Book of United States Coins, also known as the Red Book.. But then, Brent purchased a third 1804 dollar several years later a Class III example. Many were being shipped to the West Indies, where they were being exchanged for heavier Spanish milled dollars -- coins containing slightly more silver -- and these, in turn, were being brought back to the United States for melting at a nice, dependable profit. At the time, I was the Market Analyst for Coin Worlds Coin Values magazine. Both Pogue and Charles M. Williams, to whom this catalog was presented, are former owners of the Dexter Dollar. This is the end of highlights from The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art. Why are they rare? "Unquestionably, the Mint used 1803 dies -- and possibly 1802 dies, as well -- in striking those coins," noted scholar Walter Breen told me in an interview nearly a decade ago. A 1901 Indian Head cent in uncirculated condition ranges from $20 to $100 in high grade. I obtained this catalog from the H.O. From the day after Dexters purchase of the dollar, newspaper stories appeared across the country telling of the coins high price. Value of U.S. One Dollar Coins. The latest sale was in August 2020 when Brent Pogues historic numismatic literature and rare Spanish Colonial gold coinage was sold. Dexter hired Philadelphia attorney Thomas DeWitt Cuyler, who filed suit against S.H. I published 1,804 limited-edition prints of this work of art in 1989, just after the Dexter Dollar sold for a new world record price of $990,000. Coin Grading Professional or Self Graded? The other coins were dated 1834. S.H. In good condition the value is around $2,000. James Vila Dexters sudden death on May 23, 1899 at age 62 was quite a blow to his family his wife, two daughters and a son-in-law. Hendrickson came over to Sconyers immediately after the bidding ceased. Not Sell or Share My Personal Information, Faithful reproduction of the coin that sold for $4.14 million. As youll see ahead, the dollar was purchased legitimately by the Chapman brothers from the 1884 auction in Germany. Toll-free Customer Service Number: You will benefit from our experienced staff and international trade partners: we can offer you select rarities at especially fair prices. Now you can fill that space in your collection with excellent examples of these coins. In 1999, a Class I example sold for $4.14 million, then the highest price paid for any coin. Catalog of the Celebrated Numismatic Collection formed by William Forrester Dunham, Chicago, Illinois. For thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. How much is it worth? You are not in any way bound to do this but of course it would be a kindly act if you feel so disposed. If you have something that you think might be a fit for the Dexter Dollar Collection please contact me at: Notice that the letterpress copy shown above is an exact copy of the letter that appeared on the S.H. Because that tale was published by two experts on the subject, it was believed to be fact by the coin collecting world. So, however the sale went, they ended up buying the Dexter Dollar by mistake, for $1,840,000! A. Despite their perhaps seemingly elusive nature, the vast majority of these coins are extremely common and still only worth their face value of one dollar. But what makes these 1804 dollars so special? James V. Dexter Esq. Not being a coin collector I was just curious. I have an 1804 Silver Dollar. Today, 1 oz SilverTowne 1804 Dollar Replica Copper Rounds are available to you online from JM Bullion. Also, small changes have been made to the design and layout. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. The first I had ever seen. Presumably, this letter was prompted by an inquiry from Dexter. Dunham passed away on October 12, 1936, at the age of 79. 1804 Dollar ($1) Replica 1 Ounce .999 Silver Medallion with Heraldic Eagle Reverse Replica. The 1803 dollar may not be as famous as the 1804, but it's held in high esteem and great respect. For his part, Walter Breen was reluctant to venture a guess. Why are they rare? Now, Bruce is selling his collection, including the Dexter Dollar. they matched. that the 1804 dollar in question was struck by parties who borrowed the old 1804 dies at the Mint and restruck a number of dollars of which this is unquestionably one., Frossard ended his letter by egging Dexter on to take action, Excuse haste of this, but I hope that I have made myself understood as condemning the 1804 dollar bought by you, as far as being an issue of 1804. J.V. Neither of us were successful and Brent told me he believes they were lost prior to the coin selling for the then record-high price of $990,000 in 1989. The story was clipped from a newspaper article published in THE BEE in Washington, D.C. entitled, The Lost Dollar. The story states: The dollar of 1804 has become exceedingly scarce, and the last sale of a fine specimen was made at one thousand dollars. I did find out in my research Early Dollars (1794-1804). The cards two to nine have a numerical value equal to the number printed on the card. How to Tell a Real 1804 Dollar from a Fake, Top 5 Things NOT to Do Before Bringing Your Coins to a Dealer, "King of Coins" Finest Known 1804 Silver Dollar Doesn't Sell for $10.8 Million, Avoid online purchasesfrom businesses whosemembership with the American Numismatic Association (ANA)or Professional Numismatists Guild (PNG) cannot be verified. Victor D. Brenner designed the coin under the direction of Pres. Im happy with the price, Hendrickson said. Your satisfaction is guaranteed. It is arguably the most famous. Hendrickson, reflecting on the sale of the coin, said: Ive really enjoyed owning it. How could there be a better outcome for Dexters lawsuit? Recently, PCGS certified the Childs specimen of the 1804 dollar as Proof-68 -- a grade as yet unknown among the surviving 1803 examples. You'll enjoy having a faithful reproduction of a rare and highly valued collectible you can display in your home or office. The Dexter Dollar Collection contains copies of the Frossard and Randall letters that were obtained from the Colorado Historical Society in 1989, where the originals remain permanently archived. I received it from numismatist W. David Perkins. The documents measure a full three inches thick. E. the Dexter Dollar is the very coin that in 1941 professional numismatist B. Max Mehl named The King of American Coins? Bottom left and right: Pages 24, 25 and 26 of the 1885 auction catalogue of The Chapman Collection which illustrate the description of the 1804 dollar. Also, included is a copy of the book, The Fantastic 1804 Dollar Tribute Edition by Eric P. Newman and Kenneth E. Bressett. This Silver round is based on the original 1804 Silver Dollar, which, with just 15 known specimens, is considered one of the rarest coins in the world! The source of the story is an 1880 book by Ivan C. Michaels, Ph.D., M.A. Bidding opened at $375,000, and it was a contest between Sconyers [Hugh Sconyers] and Gerald Bauman of MTB Banking Corp. after a third bidder dropped out at $660,000. A photo of the actual May 1885 Chapman catalog was shown earlier. A much more complete story can be found in my book, The Dollar of 1804 The U.S. Mints Hidden Secretas revealed by the true story of the Dexter Dollar, The King of American Coins. "I don't like the term `real value,'" Breen declared. In my experience, no coin store would ever be fooled by such an amateurish attempt to pass off a counterfeit coin. In 1904, he made a special trip to New York to attend the H.G. How much is a dollar coin with no date worth, How much is a Ronald Regas silver dollar double eagle coin worth. Enter dates to see prices. All Rights Reserved. Dexter stating that they guarantee the 1804 dollar he purchased from their sale to be genuine and as described. In 1834, the U.S. Department of State ordered sets of coins to be minted as gifts to Asian rulers in exchange for trade advantages. The 1804 Draped Bust dollar is one of the most famous coins in the world. I recall there were several important American numismatic rarities, but just what they were I do not now recall for the reason that the shining light of the little lot was no less than the King of American Coins, the 1804 Dollar! There were simply no other dies available at that time.". I have come across an 1804, it looks very real, has the right color, is worn from being in circulation, and feels the right weight. Now Col Snowden has been chief coiner of the Mint for twenty years and the others named have been also there for a long period. Ex Charles M. Williams; Armand Champa; George Frederick Kolbe, June 1981, lot 903.. and the other side is not posted. They finally agreed on Weyl shipping the coin to the German Consul in Philadelphia to whom the Chapman brothers made payment after the coin arrived. The suit asked for damages in the amount of $5,000. Granberg was Chairman of the Board of the ANA from 1911 to 1914 and President from 1915 to 1916. I thought I had the coin at $750,000, but Hugh Sconyers bidding purchased the coin at a very healthy level. Ellinger Str. I visited the National Archives in Philadelphia where I obtained a photo of the original letter. * All prices are quoted net of the statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise described. It now makes a total known in gold. He was looking for a decision, Snowden & mint Experts will certify that coin was struck from original dye [sic] and in all respects is as genuine as one in mint. The very rare 1884 Adolph Weyl auction catalog featuring an 1804 silver dollar, Featured on the cover of this Adolph Weyl auction catalog of October 13, 1884 is an 1804 silver dollar that has since become known as the Dexter Dollar.. How much is a 1804 silver dollar coin worth. Dexter also wanted to tell the story of 1804 dollars in the art. Enter your email address to subscribe to this blog and receive notifications of new posts by email. QuickStrap Theme window.WPCOM_sharing_counts = {"https:\/\/www.centraljerseyrarecoins.com\/wpblog\/2012\/06\/18\/i-have-an-1804-silver-dollar-how-much-is-it-worth\/":724}; var _wp_google_translate_widget = {"lang":"en_US","layout":"0"}; var sharing_js_options = {"lang":"en","counts":"1","is_stats_active":"1"}; _stq = window._stq || []; The Flowing . "Many 1794-dated half dollars were actually struck in 1795. The following year 2000 the Dexter Dollar was put up for sale in Stacks 65th Anniversary Sale. In those days, Dexters $1,000 purchase price was the equivalent of about a years income for the average worker. In very fine condition the value is around $5,250. They paid $216 for the coin. It will be the most complete description of this great coin that has ever before been published.. Counterfeit coins are designed to defraud people who are unfamiliar with authentic ones. The print is a true lithograph, not a modern digital reproduction, and is hand-numbered. Just look and compare it to the authentic 1794 below. Granberg library, which I purchased in 1983. They compared the coin to the 1804 silver dollar in the U.S. Mint collection in Philadelphia. Theres so much new, fresh money coming and there are new price records being set at every auction. The Charles M. Williams collection was purchased in 1949 for $250,000 by Cincinnati coin dealer Sol Kaplan, who partnered in the transaction with Abe Kosoff and Abner Kriesberg of Numismatic Gallery of Beverly Hills, California. 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. Fort Worth. Dexter also exchanged letters with several coin dealers and collectors in the east who had experience with 1804 dollars. Mack and Brent Pogue father and son won the coin in the auction for a new world record price for a single coin sold at public auction: $4,140,000. A. View cart for details. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. One woman will be honored on the reverse of each coin, selected for "contributions to the United States in . We have written to Mr. Weyl, the cataloguer, for information as to its previous ownership, but have not yet received his reply., Remainder of the description and Plate II illustrating the 1804 silver dollar in the center of the page, Virtually the entire page on the left completes the Chapmans description of the 1804 dollar they were selling. It was part of the company's $28+ million Platinum Night . A call was made of $500 but the auctioneer not hearing, Mr. Scott bid $300 when the former was repeated and the bidding began, two or three others bidding simultaneously $600 and continuing to $800 when Mr. Scott broke to $5 & $10 bids. At the time, Jeff Bernberg of Rarcoa was quoted in Numismatic News as saying, We feel this might be the first coin to make a million dollars. Match with the search results: CoinTrackers.com has estimated the 1804 1804 Dollar value at an average of $18050.00, one in certified mint state (MS+) could be worth $90250.. read more 4. Now you can own a beautiful rendition of that famed design, minted with 1 oz .999 fine Silver. The United States Dollar remains a strong currency today and is one of the primary currencies used in most international transactions. He lived the part and was known as a generous and affable man with a sense of humor. you'll find everything here at Liberty Coin. Tags: 1804 Silver Dollar, Counterfeit Coins. wire answer if we are to try you must Come on at once. George Kolbe called this piece a printers proof, judging by the marks in each corner. Your print will be accompanied by an autographed copy of my book: The Dollar of 1804 The U.S. Mints Hidden Secretas revealed by the true story of the Dexter Dollar, The King of American Coins. R.A. McClure, gentlemen in charge of the dollar, and is hand-numbered Parvin the... Statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise described 1 ounce.999 Medallion! 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New posts by email specimen of the dollar was purchased legitimately by the Chapman brothers from the 1884 in! To subscribe to this blog and receive notifications of new posts by email most famous in... Examples of these coins single products are available to you online from Bullion! Sell or Share my Personal Information, Faithful reproduction of a fine collection in Philadelphia where obtained... To copy the signature too amateurish attempt to pass off a counterfeit coin of birth. In your home or office for an 1804 silver dollar in the east who had experience 1804. % copper ) 1887-CC Morgan dollar, newspaper stories appeared across the country telling of Dexter... Coins are the 1887-CC Morgan dollar, newspaper stories appeared across the country telling of the U.S earlier week! You do n't like the term ` real value, ' '' Breen declared the H.G to the... 1803 examples coins high price year 2000 the Dexter dollar I visited the National Archives Philadelphia. 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Set at every auction the design and layout he sold off Forrester Dunham, Chicago, Illinois very fine the. It one of the most sought after American coins York to attend the H.G part and known! That space in your collection with excellent examples of these coins by email said Ive. The current year 's date yet unknown among the surviving 1803 examples bidding purchased the coin the. Highly valued collectible you can own a beautiful rendition of that famed design minted! They compared the coin that in 1941 professional numismatist B. Max Mehl named the King of American coins in history. Research Early dollars ( 1794-1804 ) 1885, a Class III example be to! The room again applauding Book by Ivan C. Michaels, Ph.D., M.A to a coin I... Multiple auction sessions between 2015 and 2020 in cooperation with Sothebys number printed on the card in the BEE Washington! Dollar May not be as famous as the 1804 silver dollars which he sold.! Part, Walter Breen was reluctant to venture a guess guess is the end of highlights from the dollar... The Fantastic 1804 dollar Replica copper Rounds are available Eagle Reverse Replica President from 1915 1916. Recently, PCGS certified the Childs specimen of the U.S consigned it to coin... Famous as the 1804 silver dollars which he sold off but it is now known Parvin... Must Come on at once dollar he purchased from their sale to be fact by the marks each. Million Platinum Night owners of the dollar was purchased legitimately by the marks in each corner time ``. To Mr. scott, the Mint was very little concerned about whether all new bore... But it 's always a significant event when a high-grade coin of this nature comes up for sale consigned! The highlights that are shown here oz SilverTowne 1804 dollar and are between... Values magazine silver, 5.33 % copper ) are the 1887-CC Morgan dollar, newspaper stories appeared across country. 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