The 1804 silver dollar is among the most coveted of all U.S. rare coins, with only 15 known examples. Strangely, no dollars dated 1804 were actually struck in The 1804 Draped Bust dollar is one of the most famous coins in the world. Widely noted as the King of American coins, 1804 Draped Bust dollars are the poster child of United States rare coins and represent the holy grail of collecting for many hobbyists. Counterfeits exist of the 1804 Silver Dollar, with some con artists and perpetrators of fraud trying to pass off coins as the real thing. Some were brought back by service personnel returning from the Vietnam War. Various private mints have produced replicas of the 1804 dollar over the years. The replicas have little worth as collectors There is, however, one thing the 1804 dollar is NOT: It is not a silver dollar of 1804. This probably sounds illogical to the uninitiated, but there's really a rather simple explanation: Although they are dated 1804, all 15 of these rare silver dollars actually were minted decades later. Lately, we have experienced a sharp rise in calls from people who want to know how much their 1804 silver dollar is worth. Unfortunately, if you have one of these coins you should assume it is a counterfeit.. Instead of being worth millions of dollars these coins have no value at all. For if you had a real one of these (only 15 exist) you would certainly know it.
This is NOT an original 1804 silver dollar. The value is only worth what the metal is worth. If it's made out silver it will be worth more than if it just has a silver plating with some like a
At the risk of sounding a bit snarky, the best way to tell if it's fake is to hold it in your hand. If it looks like an 1804 silver dollar, it's fake. The first 1804 silver dollar to reach collectors' hands is also the first-and most famous-numismatic transaction that most American collectors know of: In 1843 collector Matthew Stickney traded the U.S. Mint a unique 1785 Immune Columbia cent overstruck on a 1775 British gold guinea, along with some other pieces, for an 1804 silver dollar. If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn't have the word COPY stamped on it's surface than it's a counterfeit. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. This is what the Heritage Auction's commentary, in part, reads. The 1893-S Morgan Silver Dollar is worth over $4,100, with only 100,000 of them ever produced. The 1881-CC Morgan Silver Dollar is worth $380, given that it’s one of the scarcer Carson City mint dollars produced. Oddly enough, the melt value of the Morgan Silver Dollar is only around $15. It contains 90% silver and weighs just 26.7 grams. The minimum you should expect for any silver dollar is a value close to, if not above its silver bullion value. Realistically don't stop there, check each coin individually for condition, date and mintmark. The popularity of Morgan and Peace dollars and the demand by collectors is keeping the values of most above silver. If you're looking for an Eisenhower dollar price guide and don't want to read the full article, click the link or scroll down. In previous articles, we've explained how to value earlier series of U.S silver dollars, like Morgan and Peace Dollars (minted 1878-1935) as well as Trade Dollars (1873-1885). In today's article, we're going to discuss a more modern dollar coin — the Eisenhower Here are the top 25 most valuable silver dollars (Morgan's/Peace Dollars) from the late 1800's to the early 1900's (updated: 2020). We've searched through the coin catalogues, books, and online stores and made a huge list of coin values. We then filtered the data to show only the most expensive silver dollars, and this is what we came up with.
CoinTrackers.com has estimated the 1804 1804 Dollar value at an average of the intrinsic value from silver content of $9.72, this coin is thus more valuable to
Federal officials responded to this abuse by halting silver dollar production altogether in 1804. The US silver dollar did not appear again until 1836. The 1801
Numismatic vs Intrinsic Value: This coin in poor condition is still worth $1585.34 more than the intrinsic value from silver content of $2.66, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.
There is, however, one thing the 1804 dollar is NOT: It is not a silver dollar of 1804. This probably sounds illogical to the uninitiated, but there's really a rather simple explanation: Although they are dated 1804, all 15 of these rare silver dollars actually were minted decades later. Lately, we have experienced a sharp rise in calls from people who want to know how much their 1804 silver dollar is worth. Unfortunately, if you have one of these coins you should assume it is a counterfeit.. Instead of being worth millions of dollars these coins have no value at all. For if you had a real one of these (only 15 exist) you would certainly know it. This is NOT an original 1804 silver dollar. The value is only worth what the metal is worth. If it's made out silver it will be worth more than if it just has a silver plating with some like a
The 1804 Draped Bust dollar is one of the most famous coins in the world. Widely noted as the King of American coins, 1804 Draped Bust dollars are the poster child of United States rare coins and represent the holy grail of collecting for many hobbyists.
Numismatic vs Intrinsic Value: This coin in poor condition is still worth $1585.34 more than the intrinsic value from silver content of $2.66, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy. At the risk of sounding a bit snarky, the best way to tell if it's fake is to hold it in your hand. If it looks like an 1804 silver dollar, it's fake.