There are numerous copies of documents permanently held by institutions, relevant publications, books and photos. First Dr. George Vogt purchased the coin from Ed Milas, then Leon Hendrickson bought it in 1985 from Vogt for a reported $500,000. Filed in: Coins Tens and all face cards (jack [ J], queen [Q ], and king [K]) have the value of 10. This was the first time American collectors became aware of the existence of this 1804-dated silver dollar. Enter your email address to subscribe to this blog and receive notifications of new posts by email. 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. But even more important, the very clear illustration in the Chapmans May, 1885 catalogue shows that no initial was stamped on the coin at the time of its sale to Mr. Dexter. However, because his collection was sold privately, no record of his collection was left behind in the form of an auction catalog. As gifts for the rulers he met, Roberts was provided with presentation sets of U.S. coins. All were minted during the year's first quarter. Cultura Maya $20 1981. Our replica coin has Exquisite workmanship, Amazing detail, and High-quality Materials, and Bring you a perfect feel. Scotts letter of February 26th, 1886 stating Dexters 1804 dollar is genuine. All manufacturers make the Morgan silver rounds with 99.9% purity and reeded edges. But what makes these 1804 dollars so special? 11.3 miles from Blasturm. I have had a talk with Col Snowden and the result has an important bearing on the case. CHICAGO Known by collectors as "The King of American Coins," an 1804-dated U.S. silver dollar specially made on behalf of President Andrew Jackson, and still in mint condition, sold for $3,877,500 at Heritage Auctions on Friday, Aug. 9, exceeding the pre-sale estimate of $3+ million. In addition to the 1804 dollar he purchased from the Dunham Collection, he also purchased the 1822 $5 gold coin from the collection. American Mint offers a stunningly accurate 1804 Liberty silver dollar replica for sale. The photos are not clear Author: www.usacoinbook.com Date Submitted: 09/07/2019 03:51 AM Average star voting: 3 ( 88813 reviews ) Summary: Known as the Flowing Hair Liberty Silver Dollar, it was only struck for ONE DAY due to minting problems. According to what Brent told me, their intent was to help protect the record price they paid the year before for the Sultan of Muscat/Childs specimen and to get the bidding started. 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. Stack's Bowers Galleries Text size An 1804 silver dollar from the collection of the late businessman and philanthropist Larry. A complete set of B. Max Mehls 1941 catalog of The W.F. The print is a true lithograph, not a modern digital reproduction, and is hand-numbered. The rounds measure 39 millimeters in diameter and 2.8 millimeters in thickness. Bidding did not resume for nearly 15 minutes. I think its one of the finest coins that you can possibly ever own.. It is from the Low catalog thats part of the Dexter Dollar Collection. He told Coin World the price exceeded the $575,000 floor the consignor set at which bidding was to begin. The 1804 silver dollar has many impressive attributes. S.H. It is the realization of a lifelong ambition. The fact is that in looking over the notes prepared by my Mr Bromley for the trial I am not satisfied of the wisdom of trying such a case before a jury. The Dexter Dollar Collection also contains an original wrapped package of six new copies of The Fantastic 1804 Dollar. Brown. At the same time, I have to acknowledge, with gratitude, the highly valuable assistance received from Messrs. W.P. Presumably, J.V. "That's why the 1804 commands a much higher price. Thanks for adding your insight. When the Dexter Dollar was sold in 1941 by dealer B. Max Mehl from his sale of the W.F. My discovery busted the myth numismatists came to believe, that the dollar had been planted in the Weyl sale. Charles M. Williams was an insurance executive with the Western and Southern Life Insurance Company of Cincinnati, Ohio. Whether you're a veteran collector and follower of numismatics searching for a piece of specific bullion or just the occasional hobbyist looking for a great selection of collectible coins, you'll find everything here at Liberty Coin. 1804 Bowed Liberty Dollar Coin Copy 1 Troy Oz .999 Fine Silver Round Medal 99.9% $52.00 Seller: keepstackn (2,732) 100% Buy It Now +$3.75 shipping Last one 4 watchers Sponsored 1804 Draped Bust Proof Limited Edition Dollar "COPY" .999 Silver Round with COA $70.00 Seller: mho231 (92) 97.7% Buy It Now +$5.60 shipping Sponsored In requesting these sets from the Treasury, the State Department asked that the coins include examples of "each kind now in use, whether of gold, silver or copper." Similarly, the Chapmans built their case and recruited officials from the U.S. Mint to testify on their behalf. The Childs and Dexter 1804 dollars, that the Pogues purchased previously, are Class I examples. And how does one kno How much is E.PLURIBUS. "With large cents, this practice was common in every year from 1795 through at least 1803 -- and maybe through 1806," Breen told me. He was a charter member of the Chicago Coin Club and served as Chairman of the Board of the American Numismatic Association. Jack. Thanks to all followers and soon more news to come. 1804 Draped Bust Silver Dollar All Varieties Coin Value Prices, Photos & Info . Stuart's model for Lady Liberty was a well known 31-year old Philadelphia woman named Ann Willing Bingham. because yours is a copy as well? S.H. If it is magnetic, your coin is a counterfeit. It carries a legal tender value of $10. BONUS: Your own silver replica of the Dexter 1804 Dollar encapsulated by Numismatic Guaranty Corporation (NGC). They paid $216 for the coin. A Piece of 1804 Dollar History. Thus, identifying an 1804 counterfeit can be quite straight forward. See each listing for international shipping options and costs. 2023 Central Jersey Rare Coins Blog - All rights reserved. They are incredibly rare and sought after by people who are wealthy enough to pay millions of dollars to own one. 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. I send you today by express the dollar and the certificates. My research binder pictured below has been built over more than 30 years of pursuing the story of the Dexter Dollar. All were minted during the year's first quarter. The replica is one troy ounce of .999 fine silver. American Mint offers a stunningly accurate 1804 Liberty silver dollar replica for sale. QuickStrap Theme.wp-container-2 {display: flex;gap: 0.5em;flex-wrap: wrap;align-items: center;}.wp-container-2 > * { margin: 0; } window.WPCOM_sharing_counts = {"https:\/\/www.centraljerseyrarecoins.com\/wpblog\/2018\/08\/10\/how-to-tell-a-real-1804-dollar-from-a-fake\/":1605}; .wp-block-gallery-1{ --wp--style--unstable-gallery-gap: var( --wp--style--gallery-gap-default, var( --gallery-block--gutter-size, var( --wp--style--block-gap, 0.5em ) ) ); gap: var( --wp--style--gallery-gap-default, var( --gallery-block--gutter-size, var( --wp--style--block-gap, 0.5em ) ) )} var _wp_google_translate_widget = {"lang":"en_US","layout":"0"}; var sharing_js_options = {"lang":"en","counts":"1","is_stats_active":"1"}; _stq = window._stq || []; $27.00 + $5.05 shipping. - Last updated: June, 10 2022. 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.. 1804 Dollar ($1) Replica 1 Ounce .999 Silver Medallion with Heraldic Eagle Reverse Replica. Dexter purchased his 1804 dollar is: Catalogue of the Chapman Collection of Fine Ancient Greek and Roman, English, Foreign and American Coins and Medals. Between 1858 and 1860, Theodore Eckfeldt, a U.S. Mint employee, illegally produced seven more 1804 Silver Dollars which he sold off. Dexter hired Philadelphia attorney Thomas DeWitt Cuyler, who filed suit against S.H. In addition, he received three "Certificates of Genuineness" signed by four officials of the U.S. Mint in Philadelphia: A. Loudon Snowden, Register, Chief Coiner and Superintendent. It more than doubled the previous price record for a single coin sold at public auction for another 1804 silver dollar. _stq.push([ 'clickTrackerInit', '121927254', '724' ]); how much is worth? Typical counterfeit 1804 dollars have reeded edges. You are not in any way bound to do this but of course it would be a kindly act if you feel so disposed. This is the most important numismatic announcement in forty years. Catalog of the Celebrated Numismatic Collection formed by William Forrester Dunham, Chicago, Illinois. I wrote you to New York that the case was down for trial on Feb 14th and will be reached early in the week. you'll find everything here at Liberty Coin. The Dexter Dollar next appeared in the Superior Auction Galleries July 1993 Baltimore auction, where it failed to sell. Dexter., Excerpt from a June 1, 1885 letter from S.H. During the next four months, several letters were exchanged between Weyl and the Chapmans to work out a solution. The sale was personally exciting to me, in that I had just tied together Dexters 1887 artworks I had recently acquired with this 1804 dollar and the Dunham catalog. 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. 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. They were a bit disconcerted over their purchase, but as it turned out, Brent and Mack really liked 1804 silver dollars and their purchase of the Dexter Dollar worked out very well for them. Silver Bank Dollar (5 Schillings) Coin. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. "KING OF AMERICAN COINS" (COPY), 1804 CLASS I SILVER DOLLAR ARCHIVAL EDITION MEDAL COIN PROOVALUE $99.95, 1849 Twenty silver Dollar Coin! It is now largely obscured by the coins natural patina. 42 Cent/Min. Again, your 1804 dated dollar is not real. 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. Why are they rare? A 1901 Indian Head cent in uncirculated condition ranges from $20 to $100 in high grade. Wow! To drive the point further, amancame toour shop the other day with 15 silver dollars every one acounterfeit; 3 of them dated 1804. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins I was surprised to see a lot of interest at that level, Bauman said. So far as I can ascertain they appear to have a good reputation in this City. Copyright 1995-2023 eBay Inc. All Rights Reserved. Historians considered him to be Colorados first millionaire. The Dexter Dollar story presented on this website is original content meant to display the Dexter Dollar Collection. An 1804 silver dollar could fetch more than $3 million at auction. Coin Collecting Accessories 1804 Silver Dollar Worth Although the 1804 Silver dollar is not the rarest coin in the world, it is known for being extremely rare. Early Dollars (1794-1804). Thus, identifying an 1804 counterfeit can be quite straight forward. How could there be a better outcome for Dexters lawsuit? Now, Bruce is selling his collection, including the Dexter Dollar. The Pogue family purchased the Dexter 1804 Dollar in the sale. The suit asked for damages in the amount of $5,000. 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. It is a new 1804 specimen with a pedigree indicating without any question that it was struck in 1834 or early 1835, two years earlier than the earliest date a substantial body of numismatic opinion has ever believed it could have been struck. The letter also indirectly guaranteed the dollar to be an original, not a restrike. United States Coins, Including 1804 Dollar. Tags: 1804 Silver Dollar, Counterfeit Coins. How much is a 1957 One Dollar Bill (Blue Seal) Worth? 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. Theodore Roosevelt was on a mission to redesign our nation's coinage. 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. Copper: half cent and cent Silver: half dime, dime, quarter, half dollar, and dollar Gold: quarter eagle ($2.50), half eagle ($5), and eagle ($10) In 1792, during construction of the new Mint, 1,500 silver half dimes were made in the cellar of a nearby building. The pair exchanged bids in $25,000 increments until Bauman dropped out with a final offer of $875,000, $25,000 less than the winning offer. . 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. The works of art would have a similar pedigree. There is, however, one thing the 1804 dollar is NOT: It is not a silver dollar of 1804. The creation of 1804-dated silver dollars began with an 1834 Presidential Directive sent to the U.S. Mint in Philadelphia. The ornately lettered story in the work of art provides an accurate word-for-word transcription of the story in the newspaper article. I thought I had the coin at $750,000, but Hugh Sconyers bidding purchased the coin at a very healthy level. i have a 1901 indian head penny, mint condition i may say . Dexter, for the sum of $1,000, the highest price ever actually paid for a single coin.We congratulate Mr. Dexter upon this most valuable addition to his cabinet.. Just wondering what will happen if they traced it back to you? The Bruce Morelan Collection will be sold on October 8, 2020 by Legend. B. Max Mehl first met William Forrester Dunham in 1910 in Chicago, where Dunham lived. This melt value is calculated from the current silver spot price of $20.65 per ounce. My guess is that Michaels repeated an 1804 dollar disappearance story that had been handed down through officials at the U.S. Mint. Instead of being worth millions of dollars these coins have no value at all. I do not think you would reach satisfactory results whatever way the verdict went. I feel it was an excellent purchase in that the high price paid for the coin is excellent publicity for the coin and the fund. Dexter had a large estate to deal with that included business interests, real estate and his collections of coins, jewels and fine art. I shall be very glad to see you if you stop over in the City when you are again East. Lee, do you perhaps have a (clear) photo of it you can attach here? Of course, you don't have to be a dedicated collector to enjoy the variety of Are coins not your thing? I did find out in my research Very truly, Provenance: I purchased this 1884 Weyl catalog in a private transaction from George Frederick Kolbe, Numismatic Bookseller, at the 1996 Denver American Numismatic Association convention. Auctioneer Dennis Forgue called for a break to allow the media to interview Sconyers and Leon Hendrickson, former owner of the coin. Even the microscopic D hidden on the dollars reverse is embedded in this replica. Coin Grading Professional or Self Graded? Can you find the words COPY on your coin? #9 Best Value of 2,335 places to stay in Gunzenhausen. Genuine 1804 eagles had been made, but no dies had ever existed for 1804 silver dollars. Enter the email address you signed up with and we'll email you a reset link. ", History 2015 BRITANIA ELIZABETH II COMM. To be sure a verdict for the defense would establish the genuiness [sic] of the dollar so far as a jury trial can. The 1804 Draped Bust dollar is one of the most famous coins in the world. The following letter from Attorney Cuyler to J.V. However, he told me the price was $500,000 with himself making a commission of $5,000. This melt value is calculated from the current silver spot price of $20.76 per ounce. 1804 Restrikes were produced around 1859 for prominent collectors. James V. Dexter Esq. You'll marvel at the close attention to detail on this proof-quality beauty. In fact, in some years the coins were only sold directly to collectors and dealers by The U.S. Mint. I hurried to my bank where I had the artworks stored, and sure enough, the more attractive piece stated, Property of James V. Dexter / Denver, Colo. Reading the hand-lettered facsimiles of the documents in the other piece, I wondered what they represented. By Ed Reiter - + $4.99 shipping. As the artwork and the display box were together and the details of the case so similar to that illustrated in the art, this was most likely the display case used as a model for the work of art. He lived the part and was known as a generous and affable man with a sense of humor. Dexter sums up the disposition of the case. 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! Over the years, I made many more exciting discoveries in the Dexter Dollar story. Description 1804 Silver Dollar Replica . Brown Sale in order to acquire the 1804 Dollar.. 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. Stoll would have been nearing retirement age, while Henry Granberg would have been near the beginning or middle of his career. There are two holes cut in the inside top, just like those in the art. Silvery-white platinum metal resembles white gold or silver in appearance. In 1834, the U.S. Department of State ordered sets of coins to be minted as gifts to Asian 1804 Class I Silver Dollar Replica Archival Edition, *14 Cent/Min. He also owned business interests in ranching, mining and real estate. Looking for gold and silver coins? For more recent exchange rates, please use the. 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. It sold for $503,125 in 2009. 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. No real collector of rare coins would ever do what you "claim" you did. The one troy ounce rounds weigh 31.1035 grams. Not only is this coin extremely old, it is a valuable piece of US history. 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. Picture 1 of 2. Art of Coin Making Coin Minting Process, Double Eagle Coin Liberty Head & Saint-Gaudens, Shield Nickel 5 Cents American Civil War Coins, Louis Braille Commemorative Silver Dollar, Coin Collecting doesnt need to be Extravagant, 1885 Morgan O Silver Dollar New Orleans, 1894 Morgan Dollar Mintmark: O, New Orleans, 2006 Panda Coin Silver Chinese Panda Coins, American Silver Eagle Dollars Bullion Coins, King Hormizd II Silver Drachma Sassanian, Silver Chinese Dragon Coin Hu-Peh Province. Author: www.barrons.com. E. the Dexter Dollar is the very coin that in 1941 professional numismatist B. Max Mehl named The King of American Coins? Filed in: Coins Additional articles appeared for months after the sale in numismatic journals about Dexters purchase and about 1804-dated silver dollars in general. It was part of the company's $28+ million Platinum Night . Caring for your collectibles is essential for preserving their appearance and protecting their long-term value. The Golden Eagle coins are minted at 22 karat purity (91.67% gold, 3% silver, 5.33% copper). The Dexter Dollar was sold in Part V of The D. Brent Pogue Collection on March 31, 2017 in Baltimore, Maryland. Here is the Stacks Bowers catalog description: Rare and Historic Presentation Copy of the Dunham Sale I know there was a bid of 850.00 and also one of 900.00 in the room but I believe the other 100 was run up on me by Chapman. After the initial minting of eight pieces, two restrikes were issued for collectors. The story of 1804 silver dollars has many facets. I discovered these letters in the archives of the American Numismatic Society in New York City in 2014, where they remain permanently archived. The United States Dollar remains a strong currency today and is one of the primary currencies used in most international transactions. In an attempt to diffuse the situation, J.W. Values in the table above are expressed in USD. However, two records of these certificates have survived. J.V Dexters 1804 dollar has been declared to be a genuine coin by officials of the U.S. Mint in Philadelphia where it was coined. Through them, the story of the lawsuit came in focus. The artist was Charles Stoll, a Denver artist, draftsman and lithographer who was also proficient at engrossing or ornamental lettering. Or silver in appearance for damages in the table above are expressed in USD dollar in the work of would! Exquisite workmanship, Amazing detail, and is hand-numbered one troy ounce.999. Mehls 1941 catalog of the Company & # x27 ; s first quarter Brent Collection! Dollar replica for sale value is calculated from the Collection of the of... Documents permanently held by institutions, relevant publications, books and photos an... Guaranty Corporation ( NGC ) pieces, two Restrikes were issued for collectors rare. Address you signed up with and we & # x27 ; ll marvel at the U.S. Mint employee illegally... 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