Dollar Uncirculated
Posted in Uncategorized on 10/15/2008 02:25 pm by admin
Dollar Uncirculated
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US $10.00
For those interested in collecting rare and unique American coins, the 1804 just may be one of the first they'll want in their collection as this coin is not only one of the rarest but also one of the most popular.
Considering these dollars weren't even made until 1834 and are still so popular says a lot about them. There are 15 known specimens of the 1804 Silver Dollar.
Classes of 1804 Silver Dollar
The collection of 1804 Silver Dollars consists of three classes.
o Class I dollars were made around 1834. The characteristics of the Class I coin are lettered edges and no rust pit on the flip side to the left of the upper olive branch leaf. There are currently eight specimens of the Class I.
o The U.S. Mint Specimen
o The Stickney-Eliasberg Specimen
o The Cohen-ANA Specimen
o The Mickley-Reed Hawn Specimen
o The Parmalee-Byron Reed Specimen
o The Dexter Specimen
o The Watters-Childs Specimen
o The King of Siam Specimen
o Class II dollars were made after 1857 with a plain edge. To date, there is only one example of this coin.
o The U.S. Mint Specimen
o Class III dollars were also made after 1857 and, like Class I dollars, have the lettered edge but have a rust pit on the flip side to the left of the upper olive branch leaf. There are only six examples of the Class III coin.
o The Berg-Garrett Specimen
o The Adams-Carter Specimen
o The Davis-Wolfson Specimen
o The Linderman-DuPont Specimen
o The Rosenthal-ANS Specimen
o The Idler-Bebee Specimen
History of the 1804 Silver Dollar
Although many silver dollars were stamped "1804" by the U.S. Mint in Philadelphia, they were not actually struck in that year. The 19,570 silver dollars that were actually minted in 1804 had the dates of "1803" on them. If the dies were still in good condition, the Mint would use them for many years.
In 1834, the U.S. Dept of State wanted to present gives to the King of Siam and the Sultan of Muscat so President Jackson asked that a complete set of coins be made for each leader. They wanted the coins to be in mint condition and attractive as a gift. They discovered that the last year that both the ten dollar gold coin and the silver dollar was made was in 1804 so they made new dies with that date, which is how the Silver dollar of 1804 came to be.
Although the 1804 Silver dollar is not the rarest coin in the world, it is known for being extremely rare is the aspect that it is one of the most sought after coins in the history of coin collecting. There is no coin that has been the subject of more comments, speculation or interest than this fascinating 1804 coin. One reason this dollar has been written about and discussed so much through the years is because it was the first coin to ever be recognized as a "rare coin" in the United States since its origin over 100 years ago. In fact, the 1804 Silver Dollar is such a popular rarity with the public as well as collectors that it's known as the King of American Coins.
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