That’s why it’s so important when you’re buying coins of value, to purchase only pieces which have been graded and authenticated by 3rd-party coin graders. The 1804 electrotype dollar also bears the word "COPY" on the reverse of the coin between the eagle feathers and after the word "AMERICA". Others have sold for between $1 million and $2 million in recent years. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Multiply. (Originals were made in 1834 and 1835 for inclusion in special proof sets, and restrikes were made in 1859.). Contact Richard . This is a copy and is not authentic Add To Wishlist Add To Registry. Brand New. The unique “1804” dated silver dollar from which this electrotype has been made was originally struck over an 1857 Swiss Shooting Thaler. It has no resale value. To purchase one today it would cost around 700,000 with the world record selling at 4.14 million. There are only 15 genuine 1804 dollar coins known to exist. Issued by the U.S. Mint in 1795. What are the safety precautions on using of magnifying glass? coin dealer but don't expect much. Numerous fake 1804 Bust dollars have notoriously been sold to some unsuspecting people as genuine. C $35.17. Worth - USA 1 dollar 1798-1804, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. The sale was held in Berlin, Germany. This 1804 Draped Bust Silver Dollar was consigned by the collector known as “Greensboro.” This coin was PCGS certified as “Proof-62” in 2013. I'm also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), 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). It is also known as the draped bust silver dollar. 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! The new design was similarly short-lived and just six years of business strikes were produced. 1804 United States Silver Dollar . Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. It depends if it's struck in silver or base metal, take to a For this reason, it takes a trained eye to determine the authenticity. The story of the 1804 Bust silver dollar told here is only the tip of the iceberg to a complex and colorful tale that you will certainly want to read much more about! Genuine U.S. coins feature the denomination (e.g., One Dollar), while replicas generally omit the denomination and feature a description of the product in its place, such as “giant proof” or “silver proof” or “.999 fine silver.” Free Coin Appraisal coinsappraiser.com. Counting both originals and official restrikes, only 15 of the 1804 Draped Bust silver dollars are known to exist. By tradition, all are categorized as “Proofs.” They are certainly not business strikes. Cool, right? Again, your 1804 dated dollar is not real. One specimen sold for $4.14 million and another sold for $3.737 million! For example, many fake Trade Dollars are struck from silver and are the correct weight. Seven of the top 50 coins on this list are the 1804 Draped Bust Silver Dollar. 13. 1797 9X7 Stars, Large Letters. What is the kannada word for quinova seeds? 1804 Dollar ($1) Replica 1 Ounce .999 Silver Medallion with Heraldic Eagle Reverse Replica. These replica 1804 Bust silver dollars are designed to simply allow people a chance to own something which closely resembles the rare 1804 Bust silver dollar. Lately, we have experienced a sharp rise in calls from people who want to know how much their 1804 silver dollar is worth. I primarily collect and study U.S. coins produced during the 20th century. 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. + 7 S 0 P O N S O A R P A 7 E E D -1 -1 U J -1 0 F J -1 -1 1804 US SILVER DOLLAR PROOF-LIKE COPY 20 GRAMS .999 SILVER But at the bottom it reads, "COPY# GH1798." From United States. If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn't have the word COPY stamped on it's surface than it's a counterfeit. Many counterfeits & copy's exist, also it's a favorite for modern "Silver Rounds" made to look like the 1804 dollar. With regards to the 1804 silver dollar, it … Just one highlight of Heritage's three-day, $28+ million rare coin auction held in, Aug. 13 — 17, in Chicago . How old was Ralph macchio in the first Karate Kid? You will find “replica” 1804 Draped Bust silver dollars in coin dealer ads: Replica 1804 Draped Bust silver dollars are generally worth only the value of the metal within the coin, but they do excite some people who want the feel of owning an 1804 Bust silver dollar without having to bid more than $1 million at auction! U.S. Mint records, which could be wrong, indicate that thousands of silver dollars were struck in 1804. 1804 Draped Bust Silver Dollar! Buy It Now ... 1804 CLASS I SILVER DOLLAR ARCHIVAL EDITION COIN PROOF LUCKY MONEY VALUE $99.95. Many counterfeits & copy's exist, also it's a favorite for modern "Silver Rounds" made to look like the 1804 dollar. The Lady Liberty Flowing Hair and Draped Bust are the two versions of this dollar. 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