“An 1804 Silver Dollar Is Worth More Than $3 Million” – Barron’s #silver By Scott on October 4, 2020 • ( Leave a comment ) TSI editor’s note: In a brief post on Barron’s, the financial news site reports about the auction of a single silver dollar coin in the collection of the late multimillionaire Larry H. Miller. BANK OF ENGLAND FIVE SHILLINGS DOLLAR 1804) KM# Tn1 coin and its complete list of years and varieties with prices and values. There are fifteen known specimens of the 1804 Draped Bust silver dollar categorized into three different classifications. C $130.23. The Value of a Bust Silver Dollar. It could even be pure silver, for that matter. Others have sold for between $1 million and $2 million in recent years. 1800 P Draped Bust Dollar All Varieties: Coin Value Prices, Price Chart, Coin Photos, Mintage Figures, Coin Melt Value, Metal Composition, Mint Mark Location, Statistics & Facts. 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! Your coin could easily be made out of an alloy that contains silver. Four Keys to Silver Dollar Values. Top Rated Seller Top Rated Seller. In any condition, one can expect to pay a large premium for the honor of possessing a Bust Silver Dollar. The coin IS NOT a Silver Eagle Dollar it's a Draped Bust with Heraldic Reverse. Mint Cabinet Specimen: This coin was illustrated in the 1842 book by Jacob R. Eckfeldt and William E. Dubois, A Manual of Gold and Silver Coins of All Nations, Struck Within the Past Century, providing the first notice collectors saw in print that an 1804-dated dollar existed, although fanciful pictures of such pieces had been published in cambists earlier. Attractiveness – The artistic appeal of a coin can influence its value. Silver $27.16 (-0.01) 01-07 7:48 PM EST PCGS3000 ® The PCGS3000 ® reflects the opinions of PCGS’s coin price experts with respect to indexes developed by PCGS for specific coin categories. US Silver Dollars are popular among coin collectors and investors, and one of the rarest and most popular of them all is the 1804 Silver Draped Bust Dollar. The rarity was created three decades later in 1834 when the U.S. Department of State ordered special coin sets for presentation as diplomatic gifts. The piece you posted in your photo only resembles the real thing. 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. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. BullionByPost is proud to offer numismatic collectors a growing range of rare collectable coins, including this milled Silver Token from 1804, in very-fine condition. 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. It is extremely unlikely, however, that it is a real 1804 dollar, regardless of the metal content. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. There’s a lot more to determining the value of a silver dollar than simply looking up the date online at a few websites or eBay and simply assuming yours is worth the highest—or lowest—price. To purchase one today it would cost around 700,000 with the world record selling at 4.14 million. A authentic Draped Bust 1804 dollar is worth over Two Million dollars, but all 19 known examples are well accounted for. 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 Weight: 416 grains (27.0 grams) ... 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 coin itself is divided into three separate classes with only fifteen coins known in all. 1804 Silver Five Shillings Dollar "George III" (GEORGIUS III DEI GRATIA REX. Genuine 1804 eagles had been made, but no dies had ever existed for 1804 silver dollars. The tokens were struck between 1804 and 1811, although all are dated 1804. 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