There are only 15 known 1804 dollars, and just eight like the kind that sold for $3.3 million on March 31, 2017. From United States. Instead of being worth millions of dollars these coins have no value at all. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. I'm happy to pick it up for a few incremental bids over that level. From United States. Professional Coin Grading Services is a division of Collectors Universe, Inc. Get free numismatic news from leading coin experts, in-depth articles, market summary videos, surveys & more! The US Mint settled the matter. 6 posts in this topic. Coins Sold in the Stack’s Bowers Galleries December 2020 Showcase Auction, The Bob R. Simpson Collection Debuts at $14.6 Million at Heritage Auctions, Fresh, High-End Coins Star in Legend Rare Coin Auctions’ Regency Auction 40. The PCGS3000® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. SilverTowne 1804 Dollar $1 Struck in 1oz .999 Fine Silver Medallion 20 Piece Lot. The purchase price was not disclosed. We both thought it would sell for $4 million or more Friday night. The 1804 Dollar (also often referred to as the "Dexter Dollar" and the "King of American Coins") carries a lot of history and intrigue. Video Illustrating $1 Million Coin Robbery, Prediction: Surprise Origin of Proof American Eagle ‘Congratulations Set’ Coin To Be A Hit With Collectors, PCGS Graded 23 of Top 25 Most Expensive United States Coins Sold in 2020, Over $17.8 Million in U.S. The Dexter Silver Dollar, 1804 was not minted in 1804. 1804 Dollar ($1) Replica 1 Ounce .999 Silver Medallion with Heraldic Eagle Reverse Replica. By Sunday, we had six interested parties who were calling, sending emails and texts, wanting to buy the coin from us. The US Mint did mint silver dollars in 1804 but they were dated 1803, rather than make a new mold. Find many great new & used options and get the best deals for 1804 RARE Dexter Dollar SILVER King of US Coins BULLION Brilliant Uncirculated at the best online prices at … We didn’t have any customers for it Friday night; we just thought, at $3.3 million, that it was the best buy of a high value rare coin in the last 20-plus years,” Lipton explained. “I was shocked when the coin sold so low. There are very few 1804 Dollars known to be in existence and numismatists have found that they were first struck at the Mint in the 1834 through 1835 period, so never in it's actual year-date of 1804. The dollar had an average inflation rate of 1.44% per year between 1804 and today, producing a cumulative price increase of 2,105.33%.. 1804 $1 Draped Bust Class I PCGS PR65 sold for $3,360,000 by Stack's Bowers Auctions, from the Larry H. Miller Collection Part II, in Newport Beach, California, December 17, 2020 Unfortunately, if you have one of these coins you should assume it is a counterfeit.. Widely noted as the King of American coins, 1804 Draped Bust dollars are the poster child of United States rare coins and represent the holy grail of collecting for many hobbyists. The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art English: 1804 Silver Dollar - Class I - Dexter - Dunham Specimen. The Dexter 1804 dollar completes his run of silver dollars that also includes the world's most valuable coin, a 1794 Flowing Hair silver dollar that he bought in 2013 for $10 million. Therefore, the PCGS3000® should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. “It is a hell of a coin and a hell of a deal for Super Collector Bruce Morelan,” stated Sperber. The Dexter specimen of the 1804 Draped Bust silver dollar realized $3,290,000 on the evening of March 31 in Baltimore, during Stack’s Bowers Galleries’ auction of the D. Brent Pogue Collection. 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. C $82.09. 234 talking about this. 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. 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. tman37-migration 1 post. Performance & security by Cloudflare, Please complete the security check to access. (Lincroft, NJ) – The Class I Dexter/Pogue specimen 1804 Draped Bust U.S. Silver Dollar purchased at auction on Friday night, March 31, 2017, for $3,290,000 jointly by Kevin Lipton of Beverly Hills, California, and John Albanese of Bedminster, New Jersey, was sold by the two less than 48 hours later. PCGS The Standard for the Rare Coin Industry. The “Dexter Dollar” specimen that was originally purchased for $1,000 in 1884 by Denver businessman James Dexter. The finest-quality specimen of the 1804 dollar. It sold at auction in 2000 for an astounding $1,840,000.00! Back is stamped .999 (Think thats what is says, Im blind cant hardly read it.) Beautiful coin. The Dollar of 1804: The U.S. Mint’s Hidden Secret (…as revealed by the true story of the “Dexter Dollar,” The King of American Coins) by Mark Ferguson 286 Pages. Dexter purchased his coin in 1885 from the Chapman Brothers Auction then sued for authenticity. 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