I do not think you would reach satisfactory results whatever way the verdict went. During the early 1990s, the Dexter Dollar was sold to an anonymous Northern California collector for an undisclosed price. This melt value is calculated from the current silver spot price of $20.76 per ounce. Now you can own a beautiful rendition of that famed design, minted with 1 oz .999 fine Silver. 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. Filed in: Coins The 1795 Draped Bust dollar is worth around $1,000 in about good condition. Lately, we have experienced a sharp rise in calls from people who want to know how muchtheir1804 silverdollar is worth. If you have questions or need assistance, feel free to call us at 1-877-807-MINT Monday through Friday from 8 a.m. to 8 p.m. EST. In a discussion at the 2019 Dayton EAC Convention on counterfeits, we talked of three "families" of fakes: the 1804 "C-6" half cent set, the 1833 "N-5" large cent set, and the 1795 . My discovery busted the myth numismatists came to believe, that the dollar had been planted in the Weyl sale. Granberg during the late 1980s. The Dexter Dollar Collection contains 8 X 10 photographs of the four letterpress copies of letters sent from S.H. The private buyer of the Dexter Dollar from the dealers who purchased the Charles M. Williams collection was Harold S. Bareford, a lawyer who became General Counsel for Warner Bros. Pictures. He died suddenly at age 62 on May 23, 1899 at Valley View Springs, Colorado, a resort spa he owned, leaving a large estate for his heirs to deal with. However, because his collection was sold privately, no record of his collection was left behind in the form of an auction catalog. This trial is of more than ordinary interest to Numismatists as it is to determine whether the 1804 Dollar offered and guaranteed as authentic at one of Chapmans sales, a year or more ago, was a genuine issue of that date, or not. An 1804 Silver Dollar Sells for $7.68 Million, Becoming the Second-Most Valuable U.S. Dollar Ever Sold Author: www.barrons.com According to Stacks Bowers, Total prices realized for the D. Brent Pogue Collection now exceed $131,980,000, reaffirming its status as the most valuable numismatic collection ever sold.. Dexter also exchanged letters with several coin dealers and collectors in the east who had experience with 1804 dollars. The United States Silver Dollar of 1804, In all the History of Numismatics of the entire world, there is not today and there never has been a single coin which was and is the subject of so much romance, interest, comment, and upon which so much has been written and so much talked about and discussed as the United States Silver Dollar of 1804., While there may be coins of greater rarity, (based upon the number of specimens known), but none are so famous as the Dollar of 1804! Just wondering what will happen if they traced it back to you? I have a 1922 silver dollar coin with no mint mark and trust is spelled trv What is a 2000 Gold Susan B. Anthony coin worth? Gold Coin Values Condition of Coin; Date Very Fine Extremely Fine About Uncirculated Uncirculated Gold Coin Values Updated 2/27/2023 $2.50 Liberty 1840-1907 $263 $285 $299 $329 $2.50 Indian 1908-1929 $249 $263 $271 $326 Liberty Five Dollar Gold 1839-1908 $409 $414 $418 $442 Indian Five Dollar Gold 1908-1929 $409 $417 $425 $468 Two more 1804 dollars sold during the 1990s for record-high prices. In fact, in some years the coins were only sold directly to collectors and dealers by The U.S. Mint. I have an 1804 silver dollar. Through them, the story of the lawsuit came in focus. He stated, I executed your order to the best of my ability but could not get the 1804 under 1000.00. 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. I wrote you to New York that the case was down for trial on Feb 14th and will be reached early in the week. There are four known types of 1804 dollars, including the following: 1804 Second Reverse, Class III 6 minted, 1804 Mint-Made Electrotype of Unique Plain-Edge 4 minted. Coin Grading Professional or Self Graded? 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. The first coin to sell for $1,000 at public auction (1885). As soon as it was finished, he literally went to a pay phone, called the printer and exclaimed, Stop the presses! He knew they had to rewrite the book. The full history, minute description, copies of affidavits of genuineness, dramatic description of the scene in the auction room when this coin was purchased in 1885 by John W. Scott for Mr. Dexter, will be fully given in the catalog. The auction lot opened at $2,600,000 and hammered at $2,800,000, for a total sales price of $3,290,000 after the buyers fee was added. You say you've never heard of them? Several copies of the page proofs of The Fantastic 1804 Dollar were bound with the same cover as the rewritten book. 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. And it is certainly one of the most valuable: When the Eliasberg specimen changed hands for $1,815,000 in April 1997, that went into the books as the highest price ever paid for any U.S. coin at public auction. In 1834, the U.S. Department of State ordered sets of coins to be minted as gifts to Asian rulers in exchange for trade advantages. The one from The Bee, entitled The Lost Dollar, that contained the story told in the art, word for word, most likely came from James V. Dexter, himself, and was used for the story in the creation of the work of art. Interior solid and clean with just a trace of light wear at the foot of the spine. Michael 2813 - First of all, you need to know that I absolutely do NOT believe your post. From the Foreword of B. Max Mehls June 3, 1941 auction catalog of The W.F. The United States Mint is issuing five designs each year from 2022 to 2025 for 20 total designs. 1804 Restrikes were produced around 1859 for prominent collectors. As youll see ahead, the dollar was purchased legitimately by the Chapman brothers from the 1884 auction in Germany. Platinum Coins The story was clipped from a newspaper article published in THE BEE in Washington, D.C. entitled, The Lost Dollar. The story states: The dollar of 1804 has become exceedingly scarce, and the last sale of a fine specimen was made at one thousand dollars. Made in the USA Packaged in a coin collecting flip with the printed description on an insert. 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. G. the last auction sale of the Dexter Dollar was at $3,290,000 in 2017? "Obviously, the 1803 dollar doesn't have the mystique or pizzazz of the 1804," Travers said. A. the discovery of this coin in Germany in 1884? 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 Coin World reported, quoting Gerald Bauman, the underbidder: I felt going into this sale that $600,000 to $650,000 would buy the coin. Witnesses were discussed and, in some cases, contacted. 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. Evidence suggests that another seven pieces -- known as "restrikes" -- were produced in the late 1850s, when Mint employees (often described today as "midnight minters") used old dies to make rare-date coins for sale to collectors of the day. At this time, no single products are available. For if you had a real one of these (only 15 exist) you would certainly know it. The Bruce Morelan Collection will be sold on October 8, 2020 by Legend. The latest sale was in August 2020 when Brent Pogues historic numismatic literature and rare Spanish Colonial gold coinage was sold. No one should ever pay money for any rarity (coins, art, etc.) Beginning circa 1858 and 1859, the interest in coin collecting exploded, and Mint officials began expanding sales of Proof coins and sets, and also began restriking early issues. An 1804 silver dollar could fetch more than $3 million at auction. Tags: 1804 Silver Dollar, Counterfeit Coins. * All prices are quoted net of the statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise described. Not knowing I am holding on to worthless junk! Im always looking to buy historical items related to the Dexter Dollar. Kirk and R.A. McClure, gentlemen in charge of the U.S. Coin Cabinet in Philadelphia, Pa.. H.O. 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. Notably, his article de vertu, or prized object, was his 1804 silver dollar., Dexter has not been known in numismatic circles as an accomplished coin collector. 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. I should be glad if you would give this your early consideration and advise me of your conclusions. CoinTrackers.com estimates the value of a 1799 Draped Bust Dollar in average condition to be worth $796.00, while one in mint state could be valued around $22,118.00. "In the last analysis, a coin is worth what informed collectors will pay for it at auction when it's been properly described, properly graded, properly pedigreed and everyone concerned knows the coin, knows that it's genuine, knows its history and knows everything about it. Very truly, Lincoln was chosen as a subject for the penny to commemorate the 100th anniversary of his birth. It is a restrike from (probably) recut dies made in 1868 or 1869 & could easily be proved to be such in a Court of Justice.. Dear Sir: According to the seller, Bruce Holecek, the sale had nothing to do with the previous years record price. So, however the sale went, they ended up buying the Dexter Dollar by mistake, for $1,840,000! 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. But Parvin sold many of the coins and received several offers to buy the 1804 Dollar. Those copies are rare. His collection was to have been given to the Field Museum in Chicago, but somehow Mehl was able to purchase the collection outright in 1939. 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. Also, included is a copy of the book, The Fantastic 1804 Dollar Tribute Edition by Eric P. Newman and Kenneth E. Bressett. Finally, you could not buy an 1804 dollar for a mere $3500. Had they been real they would beworth $40 million. He said he had paid $500 for them. For authentic U.S. minted 1804 silver dollars we are currently paying between $3 million to $7 million. Im always looking to buy historical items related to the Dexter Dollar. There are numerous copies of documents permanently held by institutions, relevant publications, books and photos. By most estimates, 1804 dollars, on the rare occasions they do appear at auction, are worth somewhere in the neighborhood of $2 million to $7 million depending on the individual specimen and the ever-changing conditions of the marketplace. But a health scare during the winter of 1988 caused him to rethink his collections and he decided to sell the Dexter Dollar. _stq.push([ 'clickTrackerInit', '121927254', '724' ]); Other versions had minature replicas of United States gold coins as well. #9 Best Value of 2,335 places to stay in Gunzenhausen. One of the oldest materials used in the minting of coins, silver has long been a favorite material of both serious numismatists and casual collectors. No real collector of rare coins would ever do what you "claim" you did. The Dexter Dollar next appeared in the Superior Auction Galleries July 1993 Baltimore auction, where it failed to sell. Bid now on Invaluable: 1839 ND Seated Liberty Quarter - Semi-Key Date from Richard L. Edwards Auctioneer on February 1, 0123 5:00 PM EST. James V. Dexter Esq. While our testimony would have been reliable coming from Messers Frossard, Smith and Proskey still these gentlemen or at least two of them are dealers and would not have had sufficient weight before a jury to overcome the positive evidence which would have been brought forward by the Chapmans. Between 1858 and 1860, Theodore Eckfeldt, a U.S. Mint employee, illegally produced seven more 1804 Silver Dollars which he sold off. They are a loser at any price and, whatever his story is, you dont want anything to do with him andhis coins. 5 - 7, 91781 Weissenburg in Bayern, Bavaria, Germany. I discovered several letters in the James V. Dexter collection of documents at the Colorado Historical Society in Denver. Do you have any questions or concerns? These are very common and are usually worth only the value of the metal used to make the coins. My research binder pictured below has been built over more than 30 years of pursuing the story of the Dexter Dollar. _stq.push([ 'clickTrackerInit', '121927254', '1605' ]); Eachof themwas attracted to a strong magnet. Now there are six to seven known, according to A Guide Book of United States Coins, also known as the Red Book.. "KING OF AMERICAN COINS" (COPY), 1804 CLASS I SILVER DOLLAR ARCHIVAL EDITION MEDAL COIN PROOVALUE $99.95, 1849 Twenty silver Dollar Coin! 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. How could there be a better outcome for Dexters lawsuit? Dexter also wanted to tell the story of 1804 dollars in the art. Of course, the most important was discovering and acquiring James Vila Dexters 1887 works of art. Hendrickson came over to Sconyers immediately after the bidding ceased. Stacks Bowers Galleries conducted the sale with multiple auction sessions between 2015 and 2020 in cooperation with Sothebys. The original letter, which was passed from owner to owner, was presumed lost in the 1980s. I obtained copies of the legal documents in this case from the court system in Philadelphia sometime during the 1990s or 2000s. Stoll would have been nearing retirement age, while Henry Granberg would have been near the beginning or middle of his career. That didnt work out and he drifted back to Spokane, then San Francisco where he committed suicide with a revolver on April 8, 1912. An 1804 silver dollar sold for US$7.68 million at an auction earlier this week. you read and agreed to the. From the day after Dexters purchase of the dollar, newspaper stories appeared across the country telling of the coins high price. 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 first page and a half of the Chapman catalog description of the 1804 silver dollar they were selling. Click here to view a copy of the 1834 Presidential Directive by email. Our replica coin has Exquisite workmanship, Amazing detail, and High-quality Materials, and Bring you a perfect feel. Newman and Kenneth E. Bressett used to make the coins value-added tax and shipping costs liberty 1804 coin copy value possibly delivery,! Of letters sent from S.H discovered several letters in the 1980s a strong liberty 1804 coin copy value $ million! For authentic U.S. minted 1804 silver dollars we are currently paying between 3... Dexters purchase of the statutory value-added tax and shipping costs and possibly delivery charges, if not otherwise.. 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