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, ... One Of The Coins” A Draped Bust Silver Dollar. 415.3 grains. The Second Continental Congress, consisting of many of our forefathers, convened in Philadelphia. It is a coin of great history, … No true proofs are known from this series, but like the 1804 dollar, Mint officials were only too pleased to oblige collectors in later years. The Lady Liberty Flowing Hair silver dollar was only produced from 1794 to 1795 and is considered one of the rarest coins in America. A great piece of American History, the Bust Dollars are highly sought after by Precious Metal collectors. These coins all have common characteristics and display dull, lifeless surfaces. Throughout the 1790s heads continued to roll off the guillotines of France as that country struggled to affirm the democratic principles it had first espoused in 1789. Robert Scot was the man behind the Draped Bust silver dollar. Perhaps the most ironic part of the story is this: 1804 Bust silver dollars were not struck in 1804! The 1804 U.S. dollar is one of the most publicized rarities in the entire series of U.S. coins. Most of them are fakes, because genuine coins are so valuable. A working die was produced that had 15 stars, rather than the required 13. The 1804 Draped Bust dollar is often called the “King of American Coins.” Only 15 examples are known: 8 originals (Class I), 6 restrikes (Class III) and 1 restrike without edge lettering (Class II). Certain die varieties are always weak on the stars above the eagle's head because of die failure. 1804 Draped Bust Dollar. Proof-65 (PCGS). Over the nearly two centuries since their manufacture, the short-lived series of Draped Bust dollars has continued to be one of the most widely collected in U.S. coinage. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. reply #10. The 1804 Draped Bust silver dollar is full of history and interesting twists and turns! Get the best deal for Draped Bust 1799 Year Silver US Early Dollar Coins (1794-1804) from the largest online selection at eBay.com. In 1832, commercial shipper Edmund Roberts began acting as an envoy to Asia on behalf of the United States government, with the intent of negotiating trade deals in the region. 1804 Draped Bust Silver Dollar. 1804 Bust Dollar with "copy" stamp - Worth anything. These fantasy pieces are highly prized by collectors. 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. The 1804 Dollar stands in a category all its own. Proof-65 (PCGS). 1804 Bust Dollar with "copy" stamp - Worth anything ... that there are just a few of real 1804 silver dollar … In 1798, the young hatchling eagle seen on the reverse of the earlier dollar was replaced with an older and more naturalistic eagle, and one that was more in keeping with heraldic iconography. About 1798-1804 Draped Bust $1 MS Large Eagle [Type] Draped Bust Dollars. The collectible coin market is unregulated, highly speculative and involves risk. Click … This is what the Heritage Auction's commentary, in part, reads. Click to Learn More. Only 15 specimens are known of all three types. After 1800 silver dollars began to disappear from circulation. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. On the reverse, wear first shows on the clouds, then the eagle's breast feathers. 1804 silver dollar sells for $3.36 million Berlin film fest postponed, divided into online and live events Jeannie Kenmotsu, Ph.D., appointed as Asian Art Curator of Portland Art Museum University of Notre Dame receives grant to fund initiative on religion, spirituality and faith Bowers Borckardt-304. One specimen sold for $4.14 million and another sold for $3.737 million! The 1804 silver dollars are also some of the rarest and most valuable of all US coins. OGH. "Many American numismatic pieces, patterns and … The 1804 Silver Dollar is one of the rarest and most popular of all American coins, despite the … In the third (2006) edition of A Buyer’s Guide to Silver Dollars and Trade Dollars of the United States, written by Q. David Bowers and edited by John Dannreuther, this same 1804 dollar is liste… The Draped Bust portrait retained its spot on the obverse until production of dollars was suspended in 1804 because of heavy melting. However, there IS another 1804 Silver Dollars that circulated in America and features a unique and treasured history in its right. HANSEN GREAT BUST DOLLAR TYPE COIN, 1798 LARGE EAGLE $1 PCGS/CAC XF40 GREAT BUST DOLLAR TYPE COIN, 1799 DRAPED BUST DOLLAR B 12 BB 160 $1 PCGS VF DETAILS TYPE 2 HERALDIC GENUINE, 1798 DRAPED BUST DOLLAR FLOWING HAIR LARGE HERALDIC EAGLE NGC VF 20, 1800 BB193 DRAPED BUST LARGE EAGLE DOLLAR FORMERLY OLD ANACS VF25 NOW NGC, 1799 NGC VF $1 DRAPED BUST HERALDIC EAGLE DOLLAR, 1798 DRAPED BUST $1 LARGE EAGLE SILVER DOLLAR NGC VF DETAILS, 1798 P 1798 DRAPED BUST DOLLAR ANACS VF35 DETAILS LARGE EAGLE ORIGINAL COLOR, 1799 SILVER DRAPED BUST HERALDIC EAGLE DOLLAR COIN FINE, 1798 HERALDIC EAGLE DRAPED BUST DOLLAR PCGS VF DETAILS CLEANED, 1798 LARGE EAGLE DRAPED BUST LG EAGLE S$1 NGC VG DETAILS, 1798 DRAPED BUST DOLLAR 13 STARS LARGE EAGLE XF DETAILS PCGS, 1798 DRAPED BUST DOLLAR LARGE EAGLE PCGS AU 53, 1798 CLOSE DATE DRAPED BUST HERALDIC EAGLE REVERSE SILVER DOLLAR F 15, 1798 $1 DRAPED BUST LARGE HERALDIC EAGLE SILVER DOLLAR B 8 BB 125 NGC VF DETAILS, 1799 7/6 STARS DRAPED BUST HERALDIC EAGLE REVERSE DOLLAR / FINE. While not presently the priciest coin around, the 1804 Draped Bust Dollar has many times eclipsed price records – often its own – to claim the lofty title as the world’s most valuable coin. You should be very rich and lucky to buy this coin at an auction where prices will go far above one million dollars … The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint. All Class I 1804 silver dollars will weigh 416 grains, the standard prior to 1837. Other varieties will show occasional areas of weakness due to die breakage. The design succeeded the Flowing Hair dollar, which began mintage in … … As the auction results prove, collectors are willing to pay millions of dollars to obtain one of these treasured silver dollars. Photos, metal, purity and weight included Worth - USA 1 dollar 1798-1804, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. For type purposes, most collectors want a single, high grade, problem-free example of a common, well produced variety. Coins in XF and better condition are usually sought out by those who collect by date and major variety. Sometime between 1836 and the late 1850s, modern looking proof dollars appeared with the dates 1801, 1802, and 1803. However, thirty years later when several presentation sets of U.S. coins were needed for diplomatic gifts, the Draped Bust design was resurrected and dated 1804, as that was the last year the dollar coin was officially authorized. After months of research, this committee filed a report on September 2, 1776 and included in the report are references to such Spanish denominations such as the “Spanish Milled Dollar.”  As a result, our Forefather granted the Spanish Milled Dollar legal tender status in the Thirteen Colonies. Perhaps the most ironic part of the story is this: 1804 Bust silver dollars were not struck in 1804! The 1804 Draped Bust silver dollar is full of history and interesting twists and turns! Robert Scot was the man behind the Draped Bust silver dollar. This represented the second type for the silver dollar denomination and the coins are pursued by many collectors as an important example of early United States coinage. When a new and improved coin press arrived at the Mint in Philadelphia in the spring of 1795, it made improvements possible both in the quantity of coins produced as well as their quality. However, the Draped Bust … This more warlike placement of the arrows was repeated on all heraldic eagle coins of the period. 1804 Draped Bust Dollar – Dexter Dollar The 1804 draped bust dollar is one of the rarest and expensive dollars in the world because only eight (class one) 1804 silver dollars are known worldwide. General Background. Use of any images or content on this website without prior written permission of Coin Community or the original lender is strictly prohibited. One of the most famous coins ever struck is considered a part of the Draped Bust series, the 1804 dollar. One specimen sold for $4.14 million and another sold for $3.737 million! The later design was much simpler. 1804 BB-304 Draped Bust Silver Dollar Value 1804 BB-305 Draped Bust Silver Dollar Value 1804 BB-306 Draped Bust Silver Dollar Value What to Know Before You Sell. In lower grades Draped Bust dollars are widely collected by die variety specialists. Even after 12 years of existence, the output of the U.S. Mint proved insufficient for the requirements of commerce and coins from foreign countries, namely the Spanish Milled Dollar, continued to actively circulate. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. The 1804 draped bust dollar is one of the rarest and expensive dollars in the world because only eight (class one) 1804 silver dollars are known worldwide. Check sold prices for this coin! For the best experience on our site, be sure to turn on Javascript in your browser. One oversight in the iconography of the Heraldic Eagle reverse though, was in the placement of the arrows in the eagle's right claw the more honorable placement in heraldry leaving the olive branch in the left or less honorable claw. US Draped Bust Silver Dollar (Heraldic Eagle) (Counterfeit) 1798 to 1804 These are large, heavy, silver coins that run from 1798 to 1804. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar … 1804 Bust Dollar with "copy" stamp - Worth anything ... that there are just a few of real 1804 silver dollar and the rest are fakes or sold as souvenirs. The Lady Liberty silver dollar from 1794 and 1807. Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. 1804 P Draped Bust Dollar Mint Made Electrotype of Unique Plain Edge Specimen: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. While the Mint struck dollars in 1804, all were produced from leftover dies dated 1802 and 1803, and no dollars were struck with the date 1804. Please review GovMint’s Terms and Conditions, Terms of Use and Privacy Policy before using this website and prior to purchasing from GovMint. Copyright 2020 GovMint. Fast forward to 1804, the U.S. Mint had been established and was primarily striking and issuing small denomination coinage. Its rarity has been touted amongst coin collectors for more than 150 years and awareness of the issue even reaches the general public. Weight: 416 grains (27.0 grams) ... Only 15 known and all have been studied for 150 years and all have been discovered, if you think you have an 1804 Draped Bust Dollar it's more than likely fake since it's one of the most counterfeited Draped Bust Dollars. The Draped Bust dollar obverse was designed by noted artist Gilbert Stuart in an attempt to elevate U.S. coinage designs to "world class" stature. One … The production of the Draped Bust silver … The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. Registered users receive faster checkout, enhanced order tracking options and special promotions. All Rights Reserved. On weakly or irregularly struck coins, these design details may not be fully brought up. And of these, the most commonly traded coins were that of Spanish origin. Copyright 2005 - 2021 Coin Community Family- all rights reserved worldwide. Another sold for $ 4.14 million and another sold for $ 4.14 million and sold! 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