Value of Class II 1804 Draped Bust Silver Dollar “Restrikes” Circa 1858. The Stickney - Eliasberg Specimen. 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. 1804 SILVER DOLLAR FAKE vs. GENUINE COMPARISON. Since the silver dollar was still a legal denomination, the Mint created new dies and struck a small number of 1804 silver dollars. Answer (1 of 9): When it comes to estimating the value of an 1804 Liberty Silver Dollar, and indeed any coin for that matter, there are a few values that one has to consider. Get the item you ordered or get your money back. It is believed that this set has privately traded for as much as $15 million. 67. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; 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. This is believed to be the example presented to the Sultan of Muscat in 1834. There are 5 items available. 4 There are only a few 1804 coins because during the year 1804, the U.S. did not actually mint any silver coins. The finest known “Class I” 1804 Silver Dollar is the so-called Watters-Childs specimen, graded by PCGS as PR-68. C $130.23. There are 15 known specimens of the 1804 Silver Dollar in circulation. A Genuine 1804 Dollar; A Counterfeit 1804 Dollar; 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. Class I dollars were made around 1834. Subject to credit approval. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. The Mickley-Hawn-Queller-Greensboro Class I 1804 is of higher quality than at least two of the three privately owned Class III 1804 dollars. Please enter 5 or 9 numbers for the ZIP Code. 1804 CLASS I SILVER DOLLAR ARCHIVAL EDITION COIN PROOF. 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. CLASS I - Lettered Edge. This means that the 1804 silver dollar is extremely rare with very few legitimate copies. ); 1 belongs to Class II — a restrike piece made from a Swiss silver coin called a “Thaler.” This is a file from the Wikimedia Commons.Information from its description page there is shown below. The present Mickley specimen brought the staggering sum of $750-a record for the entire 1860s-when legendary collector William A. Lilliendahl bought it from the 1867 W.E. Average Grade: 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! A complete historical record is provided in Dave Bowers' book The Rare Silver Dollars Dated 1804 and the Exciting Adventures of Edmund Roberts. On August 30th, 1999 this coin sold for $4.14 million dollars at an auction. Excludes: Angola, Cameroon, Cayman Islands, French Polynesia, Libya, Mongolia, Suriname, Guyana, Panama, Mauritius, Brunei Darussalam, Chad, Madagascar, New Caledonia, Bahamas, Bermuda, Iran, Saint Kitts-Nevis, Western Sahara, Bolivia, Laos, Congo, Republic of the, Seychelles, Sudan, Guadeloupe, Venezuela, Somalia, Burma, Cuba, Republic of, Reunion, Yemen, Barbados, Belize, Liberia, Sierra Leone, Central African Republic, Martinique, Dominica, Niger, French Guiana, Saint Pierre and Miquelon, Saudi Arabia. There was no confirmation of silver dollars dated 1804 until 1842, when an illustration of one appeared in a book co-authored by two of the U. S. Mint's own officers. The coin itself is divided into three separate classes with only fifteen coins known in all. No additional import charges at delivery! After the initial minting of eight pieces, two restrikes were issued for collectors. 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. For additional information, see the Global Shipping Program, This amount includes applicable customs duties, taxes, brokerage and other fees. This one is almost the same with the one above, from the same set of only 15 coints, but it was sold by another auction house, Bowers and Marena, for an unbelievable $4.1 million. Bowers Borckardt-304. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. These coins are known as Class II and Class III (Class 2 and Class 3). Proof-65 (PCGS). 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