Coin Cabinet in Philadelphia, Pa.. 1804 Draped Bust Dollar Tribute 1 oz Silver Round Bu .999 Fine Silver. Gold Coins He told Coin World the price exceeded the $575,000 floor the consignor set at which bidding was to begin. Brown had an extensive collection that included Colonial coins, early copper coins, small denominations, silver dollars, gold coins, rare territorial gold and foreign coins and he wanted to add an 1804 silver dollar. 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. A genuine 1804 silver dollar is worth upwards of 3 to 4 million dollars. You can purchase a copy of the book at the end of this story. From the Foreword of B. Max Mehls June 3, 1941 auction catalog of The W.F. 2023 Central Jersey Rare Coins Blog - All rights reserved. To drive the point further, amancame toour shop the other day with 15 silver dollars every one acounterfeit; 3 of them dated 1804. The October 13, 1884 Weyl catalog itself is a major numismatic rarity. Order your 1804 Liberty coin online at a deeply discounted online price. But then, Brent purchased a third 1804 dollar several years later a Class III example. A couple weeks after the sale, on June 3, 1885, the Chapman brothers wrote J.V. you read and agreed to the. The replica is one troy ounce of .999 fine silver. The details are all right as well, I double checked. Gold Coin #1: Liberty Cap (1795 - 1804) Credit: coinscatalog. _stq.push([ 'view', {v:'ext',j:'1:11.4',blog:'121927254',post:'1605',tz:'-5',srv:'www.centraljerseyrarecoins.com'} ]); 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. Dexter built a very important collection of early American gold coins and much more. The original letter, which was passed from owner to owner, was presumed lost in the 1980s. G. the last auction sale of the Dexter Dollar was at $3,290,000 in 2017? June 3, 1941. Dexter vs. Chapman Average star voting: 5 ( 13551 reviews) Summary: The coin is being offered from the collection of the late Utah Jazz owner, Larry H. Miller, to benefit charity. 1799 Draped Bust Dollar. Whats up? 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. I am always looking for important, new material to add to the Dexter Dollar Collection. Other Years From This Coin Series 1795 1796 1797 1798 1799 1800 1801 1802 1803 1804 I recalled having seen an old auction catalog with some pictures of letters in it. The letters proved the Chapmans legitimately purchased the dollar in the Weyl sale. But theres still a question floating around the hobby: Whodunit? P.S. From the day after Dexters purchase of the dollar, newspaper stories appeared across the country telling of the coins high price. Dexters 1804 dollar is an original. Coin Collecting Accessories Save 1804 silver dollar copy to get e-mail alerts and updates on your eBay Feed. And all, it is now believed, were made from dies left over from the previous year or two. 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. Lately, we have experienced a sharp rise in calls from people who want to know how muchtheir1804 silverdollar is worth. 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. When you spend $150 or more, shipping and handling is on us. Sconyers later said that American Rare Coin Fund had a predecided limit prior to the auction on how much they were willing to bid on the coin. By Ed Reiter - The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art., The Dollar of 1804 The U.S. Mints Hidden Secretas revealed by the true story of the Dexter Dollar, The King of American Coins. Scott bought at the Chapman sale, This rare coin, which is one of the finest of the seven specimens known, was purchased by the proprietors of the COIN COLLECTORS JOURNAL, Messrs. Scott & Co., on account of Mr. J.V. "I don't like the term `real value,'" Breen declared. Handsomely hardbound in deep maroon full leather, lettered in gilt on the front cover and spine, including the name of the recipient of this copy, Charles M. Williams, at the lower right. The 1803 silver dollar with the small 3 and the 1803 silver dollar with the large 3 have similar values. R.A. McClure, curator, was one of the signors of Dexters Certificates of Genuineness. This particular case was certainly never crimson but, before it became darkened by age was undoubtedly yellow. The following images are from that catalog: The only other record of these Certificates of Genuineness comes from James Vila Dexter, himself. Men's Watches (1804) Necklaces & Pendants (9052) Pins & Brooches (1506) Pocket Watches & Accessories (823) Rings (7498) Vintage Jewelry (2135) Finally, you could not buy an 1804 dollar for a mere $3500. Author: www.usacoinbook.com Date Submitted: 09/07/2019 03:51 AM Average star voting: 3 ( 88813 reviews ) Summary: Stack's Bowers Galleries The finest example of the 1804 silver dollar known to exist sold for US$7.86 million at. Now, Bruce is selling his collection, including the Dexter Dollar. Sign up for the American Mint emails and be the first to receive the This will be the first time in eighteen years that a specimen of this great coin has been offered at auction. The Childs and Dexter 1804 dollars, that the Pogues purchased previously, are Class I examples. There are numerous copies of documents permanently held by institutions, relevant publications, books and photos. You are not in any way bound to do this but of course it would be a kindly act if you feel so disposed. While todays belief is that the 19,570 silver dollars were dated 1803 as a result of striking them with the previous years dated dies, the U.S. in fact paid a $60,000 ransom to the ruler of Tripoli on June 19, 1805 to free more than 300 American sailors who were crew of the USS Philadelphia. I visited the National Archives in Philadelphia where I obtained a photo of the original letter. These unique works of art The Dollar of 1804 and The 1804 Dollar are part of the Dexter Dollar Collection. 1804) Video in the description, NEW! Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. Dexter or Dunham? The following letter from Attorney Cuyler to J.V. I got my copy coin on Tophatter.com / The day I got it I put liquid metal over the word copy. No one should ever pay money for any rarity (coins, art, etc.) E. the Dexter Dollar is the very coin that in 1941 professional numismatist B. Max Mehl named The King of American Coins? 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. This letter illustrates how the letters from the Chapmans to Adolph Weyl were exactly copied to the letterpress copybook, now in the archives of the American Numismatic Society in New York City. i have one piece 1804 liberty silver coins , is it real ? Accordingly, the Mint director ordered the preparation of new dies -- easily identifiable as such because the denticles on the rims were 1834-style beads, not the tall, tooth-like kind found on silver dollars a generation earlier. In their 1962 book, The Fantastic 1804 Dollar, authors Eric P. Newman and Kenneth E. Bressett wrote, The Chapmans needed a foreign source for a newly acquired 1804 dollar to aid its legitimacy, for the initial appearance of one in Philadelphia would further embarrass Mint officers and would detract from its selling price. 1804 Liberty Head Dollar Design 1 Ounce Silver Round .999 Fine $1 coin PROOF oz, 1804 DOLLAR TRIBUTE - 2oz 999 pure silver Intaglio in capsule, 1 oz. Catalog of the Celebrated Numismatic Collection formed by William Forrester Dunham, Chicago, Illinois. and H. Chapman on March 15, 1886, claiming fraud and deception. On April 5, 1886, after the lawsuit was filed, Frossard wrote Dexter, remarking, I can only approve of your determination to test the genuineness of the 1804 dollar. However, he back-tracked on calling the coin a restrike, If proved to be an original genuine issue its value cannot be overestimated while if the contrary it would no doubt lose all its interest in your eyes & collectors generally.. 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. The letter also indirectly guaranteed the dollar to be an original, not a restrike. At the time, knowledge about 1804 dollars was evolving and rumors, not based on fact, circulated through the numismatic community. Look forward to interesting news and special offers, and use our personal discounts to discover new collection topics and fine rarities. Fine Silver .999 Bullion Round, STACK'S DAVIS-GRAVES 4/8-10/54 EX-LIBRAS BASLOW BREEN COPY 1804 US SILVER DOLLAR. After two succeeding lots had been sold Mr. Scott stood up and addressing the auctioneer said, I think as the 1804 dollar is such an important piece the name of the buyer should be announced and I bought it for Mr. J.V. 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. Spink described the case as such, This case is beautifully made and stamped on the cover with an American Eagle. Counterfeit coins are designed to defraud people who are unfamiliar with authentic ones. Stuff and the service are excellent.". Click the button below to view a copy of the 1834 Presidential Directive by email. Hi, I have a 1804 silver dollar coin. He states he will swear that the dollar is genuine and that the three government experts employed at the Mint for such purposes will also so swear at the trial. Of course you will still hear adverse criticism of the coin but in such a matter all will never be convinced and my advice to you would be to dismiss the attacks upon the dollar from your mind and insist in view of the examinations made and the certificates that you have a genuine coin beyond question. I think you will agree that we now have on solution, if not the solution, to the mystery of its existence, the exact date when it was struck and the reason for striking it.. For thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. Thomas De Witt Cuyler It is rather a dark golden yellow a point I will ask you to remember because it is an important one and the case is held closed by a fluted gold thumb piece. 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! _stq.push([ 'clickTrackerInit', '121927254', '724' ]); The West Point Mint Before The W Mintmark, The Many Faces of the George Washington Quarter. In a private telephone call a few weeks after the sale, I asked Hugh Sconyers why he didnt bid the extra $10,000 to make it a million-dollar coin. In spite of these reassurances from the Chapmans, Dexter became skeptical that the coin was an 1804 silver dollar from the original striking in the 1834 to 1835 period, rather than a restrike from the 1858 to 1860 period. they matched. This coin conforms in all respects to the other so-called originals with the plain 4 in the date and the Type 1 reverse. Because that tale was published by two experts on the subject, it was believed to be fact by the coin collecting world. These coins are known as Class II and Class III (Class 2 and Class 3). 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. But what makes these 1804 dollars so special? From their discovery by numismatists, 1804 dollars have commanded high prices. Known as the Flowing Hair Liberty Silver Dollar, it was only struck for ONE DAY due to minting problems. Other versions had minature replicas of United States gold coins as well. Can you find the words COPY on your coin? 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. 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. Hendrickson, reflecting on the sale of the coin, said: Ive really enjoyed owning it. The 1804 Draped Bust Large Cent is an iconic coin that is the apple of just about any collector's eye. and H. Chapman to Adolph Weyl during late 1884 and early 1885 regarding their purchase and shipment of the 1804 silver dollar. I obtained copies of the legal documents in this case from the court system in Philadelphia sometime during the 1990s or 2000s. If it is magnetic, your coin is a counterfeit. The U.S. Mint did not make Trade dollars prior to 1873 so you can be sure that the 1799 and 1872 Trade dollars are counterfeit as well. "In the last analysis, a coin is worth what informed collectors will pay for it at auction when it's been properly described, properly graded, properly pedigreed and everyone concerned knows the coin, knows that it's genuine, knows its history and knows everything about it. The finest example of the 1804 Class I silver dollar appeared at auction in 2016 and garnered a bid of more than $10 million but did not meet reserve and thus did not sell. A complete set of B. Max Mehls 1941 catalog of The W.F. It would then have a fancy foreign pedigree.. He was a charter member of the Chicago Coin Club and served as Chairman of the Board of the American Numismatic Association. A friend of mine, who is an amateur coin collector, have a small collection of US coins. Mehl, B. Max. Is it worth anythi Do you have an authentic copy of the US Bill of Rights? Scott wrote Dexter on May 19, 1885, a few days after the sale. The case was scheduled for trial on February 14th, 1887. Athough eBay has strict rules regarding the sale of counterfeit coins, theyare not immune to violations, Purchase coins from reputable and established coin dealers with experience. Dunham passed away on October 12, 1936, at the age of 79. F. the Dexter Dollar sold for the world-record price of $990,000 in 1989, becoming the very first coin to sell at the million-dollar level? In very fine condition the value is around $5,250. #9 - 1804 Bust Dollar - Class I (Mickley-Hawn-Queller Specimen) Heritage Auctions, HA.com Price Realized: $3,877,500 Date Sold: August 9, 2013 Sold By: Heritage Auctions, Dallas, Texas (Auction #1188, Lot #5699) This is the same coin that is listed as the #10 Most Valuable Coins in the World above that sold for $3,737,500 in April of 2008. 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. 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. By most estimates, 1804 dollars, on the rare occasions they do appear at auction, are worth somewhere in the neighborhood of $2 million to $7 million depending on the individual specimen and the ever-changing conditions of the marketplace. For all practical purposes, the D is virtually invisible. Copies of three numismatic journal articles that are relevant to the letters are included in the collection. On the reverse a microscopic D has been lightly stamped into the second cloud from the right. The dies for this replica were created from a laser scan of a photo of the actual Dexter Dollar, taken by professional photographer and numismatist James Simek for the Auction 89 catalog. The second most important discovery and some might argue that its the most important was my 2014 discovery at the American Numismatic Society in New York City of the letterpress copies of the letters the Chapman brothers wrote to Adolph Weyl in Germany. I did find out in my research The 1804 silver dollar has many impressive attributes. Stacks Bowers Galleries conducted the sale with multiple auction sessions between 2015 and 2020 in cooperation with Sothebys. But only an experienced numismatist can tell for sure. 1804 Bust Dollar with "copy" stamp - Worth anything By Lee, 13 years ago on Stamps & Philately 11,085 I have this coin and I looked it up on the rare coin sites. 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! Dexter displayed his celebratory work of art at his Denver bank, the Union Deposit and Trust Company, where he kept his collections. And it is certainly one of the most valuable: When the Eliasberg specimen changed hands for $1,815,000 in April 1997, that went into the books as the highest price ever paid for any U.S. coin at public auction. It will be the most complete description of this great coin that has ever before been published.. Mark Ferguson in 2006 at the Denver ANA Convention after my talk about the Dexter Dollar. - Last updated: June, 10 2022. In an April 1885 letter to Stickney, the Chapmans stated, We are cataloguing this one for a sale at auction., Title page of the 1885 Chapman Collection catalog with Plate I bound in the name of the collection from which J.V. Each coin is worth around $1,050 in good condition. $43.00. For generations, numismatists believed the dollar was planted in the 1884 Weyl sale to cover-up its acquisition by the Chapman brothers from the U.S. Mint in Philadelphia. Why are they rare? 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. How much is a lady liberty silver dollar coin worth? Now, the most important unanswered question about this coin is: how did, whats now known as the Dexter Dollar, get from the U.S. Mint in Philadelphia to Berlin, Germany and when? Presumably, this letter was prompted by an inquiry from Dexter. Below are the best information and knowledge on the subject how much is a 1804 liberty coin worth compiled and compiled by our own team gauday: 1. 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. Undoubtedly the most famous and best known rarity of our entire coinage, and one of the most famous coins of the entire world. In my experience, no coin store would ever be fooled by such an amateurish attempt to pass off a counterfeit coin. The text of that letter has been published by several authors, but Ive never seen a picture of the original letter published. Sconyers said there are no plans for immediate sale. It has since sold for $3,290,000. At this time, no single products are available. I purchased it from a dealer sometime during the 2000s. Its one of three known, with the other two permanently impounded in the Smithsonian Institution. 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. 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. I have had a talk with Col Snowden and the result has an important bearing on the case. He lived the part and was known as a generous and affable man with a sense of humor. In extremely fine condition the value is around $4,500. Milas was involved in liquidating the Continental-Illinois Bank Hoard of about a million and a half Morgan silver dollars. The book is also inscribed with this quote, Bound page proofs ready for correction, and correct them we did!. This is an exceptional copy of this celebrated sale, presenting the one collection that Mehl most hoped to be able to catalog and sell from the time he first met Mr. Dunham in 1910, and one he considered a highlight of his career. You'll marvel at the close attention to detail on this proof-quality beauty. It is a restrike from (probably) recut dies made in 1868 or 1869 & could easily be proved to be such in a Court of Justice.. Value of U.S. One Dollar Coins. 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. There were simply no other dies available at that time.". If you have questions or need assistance, feel free to call us at 1-877-807-MINT Monday through Friday from 8 a.m. to 8 p.m. EST. I have an 1804 Silver Dollar. and H. Chapman letter of June 3, 1885 guaranteeing Dexters 1804 dollar genuine from the 1941 Dunham Collection catalog. A Genuine 1804 Dollar A Counterfeit 1804 Dollar With the many email inquiries we receive regarding the 1804 Dollar we thought it would be helpful to show a real one against a fake. Thus, identifying an 1804 counterfeit can be quite straight forward. He also owned business interests in ranching, mining and real estate. It has certified two (presumably restrikes) as Proof-65 and one as Proof-66. A. That isn't too surprising, since these lesser-known coins have something important in common with their much more famous brethren: They, too, carry a date other than the year of their production. The book goes into much more detail about the story of the Dexter Dollar than is presented on this website. Here is a discussion video to talk about Coins and rounds stamped with the word Copy. They paid $216 for the coin. 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. Although I have had the pleasure of handling some of the most famous and valuable Numismatic Collections during the past forty years, but no Collection has afforded me the thrill which this Collection has. - 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 Popular designs from the Walking Liberty design and the Buffalo Nickel are available at competitive prices. 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. The King of American Coins just fetched a princely, world-record sum. Photo courtesy of D. Brent PogueTo see a closeup of the microscopic D click photo. Purchase Your 1804 Liberty Coin Replica Onlineand Save! Unfortunately,if you have one of these coins you should assume it is acounterfeit. 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For any rarity ( coins, is it worth anythi do you have authentic! Liberty Cap ( 1795 - 1804 ) Credit: coinscatalog these Certificates of Genuineness amateur coin,. The Chapmans legitimately purchased the dollar, it was believed to be fact by the Collecting! Material to add to the letters proved the Chapmans legitimately purchased the of. On the case was certainly never crimson but, before it became darkened age. 1941 auction catalog of the entire world US Bill of rights fooled by such amateurish! In this case from the right case is beautifully made and stamped on the liberty 1804 coin copy value. This particular case was scheduled for trial on February 14th, 1887 court system in Philadelphia Pa... The value is around $ 4,500 quot ; this case is beautifully made and stamped the. Lately, we have experienced a sharp rise in calls from people who are with... One day due to minting problems you are not in any way bound to do this of. Troy ounce of.999 fine silver purchased a third 1804 dollar several years later a Class III ( Class and.
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