To drive the point further, amancame toour shop the other day with 15 silver dollars every one acounterfeit; 3 of them dated 1804. 9. One woman will be honored on the reverse of each coin, selected for "contributions to the United States in . Each coin is luxuriously plated in silver and comes encased in a handsome protective capsule to preserve it for future generations. This is due to the fact that this great coin was the first coin of United States mintage to have been recognized as the rarest coin of the United States, from the very beginning of American Numismatics, more than One Hundred years ago. Several books tell the story of these famous coins and the best known of these is the classic 1962 book by Eric P. Newman and Kenneth E. Bressett entitled, The Fantastic 1804 Dollar. Lately, we have experienced a sharp rise in calls from people who want to know how muchtheir1804 silverdollar is worth. Acting on false advice, J.V. From their discovery by numismatists, 1804 dollars have commanded high prices. Platinum Coins Coin Collecting Accessories Also, included is a copy of the book, The Fantastic 1804 Dollar Tribute Edition by Eric P. Newman and Kenneth E. Bressett. "There are so many factors affecting price," he added. But more than 50 years later in 2014 I discovered the real truth in the archives of the American Numismatic Society in New York City. I do not think you would reach satisfactory results whatever way the verdict went. Toll-free Customer Service1-877-807-MINT (6468) Hours of Operation:8AM to 7PM ETMonday through Fridayand 10AM to 6PM on Saturday. Sporadically illustrated throughout, with silvered and gilt highlight illustration pages of the two key rarities, the Dexter-Dunham 1804 silver dollar, and the 1822 half eagle. The Childs and Dexter 1804 dollars, that the Pogues purchased previously, are Class I examples. The 1804 Silver Dollar is considered to be one of the rarest pieces in the history of American numismatics. They are a loser at any price and, whatever his story is, you dont want anything to do with him andhis coins. Save on delivery. The United States Dollar remains a strong currency today and is one of the primary currencies used in most international transactions. But what makes these 1804 dollars so special? Two primary differences exist between the first printing and the rewritten book. A photo of the actual May 1885 Chapman catalog was shown earlier. Shouldn't they be basking in at least reflected glory? They lived in Denver, and while I do not know exactly how the Granbergs obtained the artworks, they had a close connection to Charles Stoll, the artist. This is the story of the Dexter Dollar, as told by The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art.. The Dexter Dollar Collection contains copies of: six short mainstream newspaper articles Dexter saved about 1804 dollars and his purchase, two letters from J.W. Theodore Roosevelt was on a mission to redesign our nation's coinage. I thought I had the coin at $750,000, but Hugh Sconyers bidding purchased the coin at a very healthy level. When the two sets were ordered for the King of Siam and the Sultan of Oman it was specified that one case should be in yellow and one in crimson leather. 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. Granberg owned the Idler specimen of the 1804 dollar. Not pictured is a simple flyer selling enlarged photographic prints of the 1804 dollar. In early 1903 the Chapmans offered Parvin $700 cash for the dollar, but Parvin responded that he refused two other offers for $1,000 from a Chicago dealer and $1,400 from a collector. For all practical purposes, the D is virtually invisible. My research binder pictured below has been built over more than 30 years of pursuing the story of the Dexter Dollar. It is maintained by all experts that no Dollars dated 1804 were struck in that year; but it is an established fact that they have been struck on several occasions since 1827, from differently engraved dies.. How much is a dollar coin with no date worth, How much is a Ronald Regas silver dollar double eagle coin worth. The cards two to nine have a numerical value equal to the number printed on the card. Many pages have been updated and new pictures have added to give a better user experience. A. 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. 2010 - 2023 USA Coin Book. 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. Your Source for Rare, Collectible Coins & Bullion. The following day, The Denver Republican and The Denver Evening Post reported the sale at a record $2,000. It will be the most complete description of this great coin that has ever before been published., Counterstamped D on 1804 dollar still a mystery, Ive really enjoyed owning it. This was the first time American collectors became aware of the existence of this 1804-dated silver dollar. and H. Chapman letter of June 3, 1885 guaranteeing Dexters 1804 dollar genuine from the 1941 Dunham Collection catalog. The result appears to have been simply to disgust you with collecting and putting you to great expense for nothing. The original letter, which was passed from owner to owner, was presumed lost in the 1980s. The first coin to sell for $1,000 at public auction (1885). Now I wondered, what was the story behind these documents? 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. 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. According to a 2016 Coin World article, The Oct. 13, 1884, Weyl sale is essential to our understanding of the history of the Dexter 1804 dollar, one of the most important coins in American NumismaticsThe Weyl catalog remains one of the rarest, most important, and enigmatic documents in the numismatic literature corpus.. #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. They are incredibly rare and sought after by people who are wealthy enough to pay millions of dollars to own one. A few letters were exchanged between Brown and Parvin, negotiating the price and terms, and a deal was struck on November 5, 1903, with Brown agreeing to buy the Dexter Dollar for $1,800. Something went wrong. But would this be the most satisfactory way of so establishing it. Now you can own a beautiful rendition of that famed design, minted with 1 oz .999 fine Silver. When the 1804 Dollar was reached everyone gave a subdued Ah! From the Foreword of B. Max Mehls June 3, 1941 auction catalog of The W.F. Additionally, counterfeits (unlawful examples) are known of bust dollars. Thus, identifying an 1804 counterfeit can be quite straight forward. Historians considered him to be Colorados first millionaire. .999 Silver with Capsule $45.00 jpayne58 (4,422) 100% Buy It Now Free shipping Sponsored 1804 Draped Bust 1 oz Silver Round Gem Bu .999 Fine Silver Coin dealer Harlan White of Old Coin Shop in San Diego, California, purchased the Dexter 1804 privately after the sale, as agent for collector Bruce Holecek. Round Highlights: Available to you inside of a plastic flip, a tube of 16, or a box of 400! They were held for 19 months after being captured in the Tripoli harbor in 1803. Williams owned many important rarities, including the unique 1873-CC No Arrows Seated Liberty Dime, which was the last coin Louis Eliasberg acquired to complete his collection of one of every coin issued by the United States. Accompanying James Vila Dexters The Dollar of 1804 work of art, was this red display case. Both Pogue and Charles M. Williams, to whom this catalog was presented, are former owners of the Dexter Dollar. Presented to Charles M. Williams Theyre the objects that started this collection. That mystery is still unsolved. In 1989, the coin market reached a peak in prices for some areas like Morgan dollars and by spring 1990 the coin market suffered a crash. But only an experienced numismatist can tell for sure. Typical counterfeit 1804 dollars have reeded edges. 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. The original chapter, The Diplomatic Gift Delusion, was rewritten and given a new title, The Diplomatic Gift Background. Secondly, the first printing has no photo of the King of Siam proof set on page 70, as does the second version. a.d. Mobilfunk>, Do But a health scare during the winter of 1988 caused him to rethink his collections and he decided to sell the Dexter Dollar. How could there be a better outcome for Dexters lawsuit? But then, Brent purchased a third 1804 dollar several years later a Class III example. It will be the most complete description of this great coin that has ever before been published.. So far as I can ascertain they appear to have a good reputation in this City. For thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. I have a copy of the declaration of independence is it worth anything ?? As a result, only 1,758 pieces ever existed. 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. This melt value is calculated from the current silver spot price of $20.65 per ounce. Hi every body! After receiving the 1804 dollar, the Chapmans went to great lengths to research it. Click to share on Facebook (Opens in new window), Click to email a link to a friend (Opens in new window), Click to share on Reddit (Opens in new window). The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. I have a copy of the bill of rights is it worth any thing? And that -- in combination with many years of hype -- has greatly enhanced its value through the years. Armand Champas bookplate inside the front cover as it was in Kolbes 1981 sale, this being a volume Champa sold long before our own celebrated four-part sale of his important library in 1994 and 1995. A friend of mine, who is an amateur coin collector, have a small collection of US coins. Early Dollars (1794-1804). It is the realization of a lifelong ambition. Save 1804 silver dollar copy to get e-mail alerts and updates on your eBay Feed. If you are approached by a person on the street with rare coins for sale dont be tempted. Would it not be well to talk it over with our mutual friend Mr. Wolcott. The 1804 dollar would probably sell for a much higher price at auction than you paid for it and the same will probably hold good with most of the coins purchased of or through our house.. "That's why the 1804 commands a much higher price. It can lead to confusion because of the unfamiliarity of original pieces. After the initial minting of eight pieces, two restrikes were issued for collectors. 1849-C Gold Liberty Head Dollar Replica Coin $129.95 Details 1861 Gold Double Eagle Solid Gold Replica $129.95 Details 1933 Gold Double Eagle Ultimate Replica Set $195.00 Details 1849 Liberty Head Gold Double Eagle Replica $99.95 Details 1855-D Indian Princess Head Dollar Replica $79.95 Details Gold Coin Replicas Originally, Brenner's signature appeared on the obverse of the coin. Intaglio 1804 DRAPED BUST DOLLAR Tribute 2 oz .999 Silver Round Coin - BU! So unless you are an experienced coin collector, you can best protect yourself from potentialloss by following these guidelines: If you want to be assuredthat your coins are genuine, visit our Bound Brook, NJ coin shop for a free no-obligation written appraisal. The West Point Mint Before The W Mintmark, The Many Faces of the George Washington Quarter. On the reverse a microscopic D has been lightly stamped into the second cloud from the right. Very truly, Q. Mint records from 1804 show there were 19,570 silver dollars made that year thats more than the 19 listed above. I guess its just kind of a dream once you can buy something like this, coin dealer and collector Leon Hendrickson was quoted by Coin World as saying. Sadly, the certificates, which had accompanied the coin from owner to owner, went missing in the 1980s. Some people Stepping up to the plate, at the sale, were Mack and Brent Pogue father and son who put in a bid on the day of the sale and then went to dinner. Each coin is marked with its gold content - 1/4 oz fine gold. It sold for $503,125 in 2009. Subsequently, Vogt and Hendrickson became the new owners of the Dexter Dollar. Authentic ones have either lettered or plain edges and proof surfaces . Not only is this coin extremely old, it is a valuable piece of US history. 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. This probably sounds illogical to the uninitiated, but there's really a rather simple explanation: Although they are dated 1804, all 15 of these rare silver dollars actually were minted decades later. are fakes or sold as souvenirs. Often used in jewelry and industrial products, platinum is a rare precious metal that is always in high demand. The book is also inscribed with this quote, Bound page proofs ready for correction, and correct them we did!. Obverse: Bust of Liberty facing right surrounded by thirteen stars, LIBERTY, 1804 Reverse: Heraldic Eagle, UNITED STATES OF AMERICA Diameter: 1.5 inches Silver plated fine pewter. Im not an expert so I just wanted to check if its possible that it is real. Two of the statutory U.S. coins -- the silver dollar and eagle (or $10 gold piece) -- hadn't been issued since 1804, but Mint Director Samuel Moore decided to include them anyway. The Dexter Dollar next appeared in the Superior Auction Galleries July 1993 Baltimore auction, where it failed to sell. If you have a coins related question and cant find the answer, askus and find the answer soon in the FAQ section from this site. 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. - Last updated: June, 10 2022. Dexter hired Philadelphia attorney Thomas DeWitt Cuyler, who filed suit against S.H. The lithograph was printed on archival paper and is mounted on artists foam core board and shrink wrapped. Each document in the binder is held in a sheet protector. The edges of the round are usually reeded, as opposed to the plain original. More from the Foreword of the catalog: He handed Mrs. Mehl a box of candy, and he handed me a box, the contents of which he invited me to examine, admonishing me to do so very carefully. As this is written, in mid-August 1999, that record appears to be in jeopardy -- for yet another 1804 dollar, the Childs specimen, seems likely to fetch more than $2 million at a Bowers and Merena auction on Aug. 30. The latest sale was in August 2020 when Brent Pogues historic numismatic literature and rare Spanish Colonial gold coinage was sold. He stated, I executed your order to the best of my ability but could not get the 1804 under 1000.00. This boxed set of the Dunham catalog is part of the Dexter Dollar Collection. Not Sell or Share My Personal Information, Faithful reproduction of the coin that sold for $4.14 million. And in time, it may well be worth what the 1804 dollar is today. "Rarity is only one of them. We value your privacy! 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. There are a few original pieces in this binder, but most are photocopies, simply because the originals are permanently archived in libraries and museums. Researchers believe there were 42 copies bound. Are you concerned the precious metals train has left the station without you. However, two records of these certificates have survived. The King of American Coins just fetched a princely, world-record sum. 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. He also owned business interests in ranching, mining and real estate. Click the button below to view a copy of the 1834 Presidential Directive by email. 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 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. I began researching the Dexter Dollar that day in June 1989 when I received my copy of the June 13th issue of Numismatic News and saw the headline Dexter 1804 dollar going on block. I recalled the Dexter name on one of the 1804 dollar works of art I had acquired not long before. One 1804 Bust silver dollar sold in 1999 for $4.14 million. The suspension remained in effect for three decades, and its lifting -- little noticed at the time -- gave rise to one of the most important chapters in U.S. numismatic history. The binder contains copies of all the relevant documents, letters, photos and newspaper articles that I have found. A genuine 1804 silver dollar is worth upwards of 3 to 4 million dollars. In 1999, a Class I example sold for $4.14 million, then the highest price paid for any coin. 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. It has no resale value. Coins for Sale and the other side is not posted. 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. "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. Dexter also wanted to tell the story of 1804 dollars in the art. Dexter or Dunham? 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