How much is 1804 coin worth?

How much is 1804 coin worth?

These Original Type coins are the most valuable of the 1804 dollar and are worth between $2 million and $4 million each. 1804 Restrikes were produced around 1859 for prominent collectors. These coins are known as Class II and Class III (Class 2 and Class 3).

How much does a fake 1804 silver dollar weigh?

1804 dollar

United States
Value 1 U.S. dollar
Mass Class I: 410.21 grains (26.581 g)–416.4 grains (26.98 g) Class II: 392.6 grains (25.45 g) Class III: 402.8 grains (26.10 g)–416.25 grains (26.973 g)
Diameter 37-40 mm (1.49-1.57 in)
Obverse

How many 1804 coins are there?

Today there are 15 versions of the 1804 coins known with eight from the initial Class I run, one from the Class II run (it is housed in the Smithsonian Institute) and six from the Class III run.

How much does a 1800 Liberty coin weigh?

A limited number of 1804 dollars were struck by the Mint in later years, and they remain rare and valuable….Draped Bust dollar.

United States
Value 1.00 U.S. dollars
Mass 26.96 g
Diameter 39–40 mm
Obverse

What is an 1804 Class II Silver Dollar?

The 1804 Class II silver dollar is the crown jewel – a priceless unique one-of-a-kind coin now held by the Smithsonian Institute. This coin was illegally struck by Mint employee Theodore Eckfeldt and sold to a collector in Philadelphia.

What kind of metal is on the 1804 electrotype dollar?

The US Mint struck these coins in copper and then plated them in silver. The underlying copper metal can sometimes be seen under the silver plating – exposed on the higher points of the coin. The 1804 electrotype dollar also bears the word “COPY” on the reverse of the coin between the eagle feathers and after the word “AMERICA”.

What is a 1804 Draped Bust silver dollar?

The 1804 Draped Bust Silver Dollar is one of the most publicized and famous of all US coins. The 1804 silver dollars are also some of the rarest and most valuable of all US coins. This is sometimes known as the “King of Coins”.

Why was the silver dollar discontinued in 1804?

President Thomas Jefferson ordered the US Mint to stop production of the silver dollar in 1804. This was because the coins were being exported to the Caribbean to be exchanged for a slightly heavier Spanish 8 Reales silver coin with a 1-to-1 exchange ratio. Exporters were profiting from this small difference in silver.

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