The creation of 1804-dated silver dollars began with an 1834 Presidential Directive sent to the U.S. Mint in Philadelphia. It would then have a fancy foreign pedigree.. 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.. This letter illustrates how the letters from the Chapmans to Adolph Weyl were exactly copied to the letterpress copybook, now in the archives of the American Numismatic Society in New York City. Counterfeit coins are designed to defraud people who are unfamiliar with authentic ones. The above 1794 is graded MS61 and is one of the finest known in grade and strike. I did find out in my research Thanks! So, however the sale went, they ended up buying the Dexter Dollar by mistake, for $1,840,000! The documents measure a full three inches thick. 1804) Video in the description, NEW! .999 Fine Silver Proof of 1798 Turban Head Small Eagle, 1776 Continental Curency Dollar Replica Coin, The Pointing Lady, Leonardo's most enchanting work. Each document in the binder is held in a sheet protector. Below are the best information and knowledge on the subject how much is a 1804 liberty coin worth compiled and compiled by our own team gauday: 1. Others have sold for between $1 million and $2 million in recent years. On September 1, 1900 the three heirs signed an agreement in which Dexters widow, Josephine Beemer Dexter, and his daughters, Adda Maria Dexter and Harriett Dexter Parvin, split the estate. Therefore, the PCGS3000 should only be used as one guide to rare coin prices and historical price movements, and not as the sole source for determining the value or market history of a particular coin. The original letter, which was passed from owner to owner, was presumed lost in the 1980s. It is advisable to have your coins authenticated if you expect to pass them on toa relative. Brent Pogues regular issue catalog of the Dunham sale was also purchased in the Stacks Bowers sale and is now part of the Dexter Dollar Collection. a seller decides to pass a replica coin for the real deal. Authentic ones have either lettered or plain edges and proof surfaces . 2016 LIBERTY WALKING COIN 139 - UNCIRC. Stoll would have been nearing retirement age, while Henry Granberg would have been near the beginning or middle of his career. 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. It has no resale value. Something went wrong. He said he had paid $500 for them. Dexter displayed his celebratory work of art at his Denver bank, the Union Deposit and Trust Company, where he kept his collections. They paid $216 for the coin. Do you have any questions or concerns? Obverse: Bust of Liberty facing right surrounded by thirteen stars, LIBERTY, 1804 Reverse: Heraldic Eagle, UNITED STATES OF AMERICA Diameter: 1.5 inches Silver plated fine pewter. The letter also indirectly guaranteed the dollar to be an original, not a restrike. 138 - UNCIRC. Scotts letter of February 26th, 1886 stating Dexters 1804 dollar is genuine. Silvery-white platinum metal resembles white gold or silver in appearance. The lithograph was printed on archival paper and is mounted on artists foam core board and shrink wrapped. and H. Chapman letterpress copy of June 3, 1885 letter guaranteeing Dexters 1804 dollar genuine exact copy from Chapman letterpress copybook at ANS. The source of the story is an 1880 book by Ivan C. Michaels, Ph.D., M.A. Michael 2813 - First of all, you need to know that I absolutely do NOT believe your post. 1799 Draped Bust Dollar. Most one dollar United States of America Liberty coins are not encountered on a day to day basis in circulation. A Piece of 1804 Dollar History. He states he will swear that the dollar is genuine and that the three government experts employed at the Mint for such purposes will also so swear at the trial. 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. 5 - 7, 91781 Weissenburg in Bayern, Bavaria, Germany. We conversed and traded a few jokes. and H. Chapman stationary. Because that tale was published by two experts on the subject, it was believed to be fact by the coin collecting world. I should be glad if you would give this your early consideration and advise me of your conclusions. In my experience, no coin store would ever be fooled by such an amateurish attempt to pass off a counterfeit coin. Many coin collectors would be interested in buying a perfect look-alike copy of the 1804 dollar knowing they can never afford to buy a real 1804 dollar anyway. 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. "That's why the 1804 commands a much higher price. James V. Dexter Esq. In an attempt to diffuse the situation, J.W. Click the button below to view a copy of the 1834 Presidential Directive by email. D. the Dexter Dollar was struck at the U.S. Mint in Philadelphia in the 1834-1835 period? It turns out that in the very highest grades, the ones most appealing to condition-conscious collectors nowadays, the 1803 Bust dollar is every bit as elusive as its much more famous 1804 counterpart. If you would like to sell yours please bring it by our store during business hours. The Bruce Morelan Collection will be sold on October 8, 2020 by Legend. We have sent your voucher code to your email! In short, I feel justified in stating that this is not simply a Coin Sale Catalog, but really and truly a Library of Numismatics., This Collection, as a whole, is the most important collection of its kind ever offered in the nearly 150 years of American Numismatics.. They finally agreed on Weyl shipping the coin to the German Consul in Philadelphia to whom the Chapman brothers made payment after the coin arrived. From the day after Dexters purchase of the dollar, newspaper stories appeared across the country telling of the coins high price. How much is it worth? Add your Dexter 1804 Dollar silver replica to your collection, or carry it around to show off to friends and family and tell them the Dexter 1804 Dollar story. However it is magnetic, so I doubt it is real. First, the Stickney specimen, from the Eliasberg Collection, sold in a 1997 Bowers and Merena auction for $1,815,000 another world record price paid for a single coin sold at public auction. The second most important discovery and some might argue that its the most important was my 2014 discovery at the American Numismatic Society in New York City of the letterpress copies of the letters the Chapman brothers wrote to Adolph Weyl in Germany. I think you will agree that we now have on solution, if not the solution, to the mystery of its existence, the exact date when it was struck and the reason for striking it.. Finally, he bought one and remarked, It was the Dexter Dollar! After he received the coin, he studied the dollar again and again over a weekend, then he put it in the bank where it stayed until he decided to sell it six years later (tripling his money!). I do not think you would reach satisfactory results whatever way the verdict went. Price: $796.00-$22118.00+. Watch Out For Fakes! Mint Mark: No mint mark. Had they been real they would beworth $40 million. Since that day in 1989, Ive been researching and piecing this story together. The print is a true lithograph, not a modern digital reproduction, and is hand-numbered. Auction prices reached $1,000 by 1885, and in the mid-twentieth century, the coins realized over $30,000. Now Col Snowden has been chief coiner of the Mint for twenty years and the others named have been also there for a long period. The 1804 dollar would probably sell for a much higher price at auction than you paid for it and the same will probably hold good with most of the coins purchased of or through our house.. Sconyers later said that American Rare Coin Fund had a predecided limit prior to the auction on how much they were willing to bid on the coin. Other commonly counterfeited dollars are the 1887-CC Morgan dollar, and Trade dollars dated 1799 or 1872. I consider it only a question of time when they will find their level, & sell for 25 to 50.00 each all they are worth I think. For reasons that are personal, the Pogue family shocked the numismatic world by deciding to sell their collection. Athough eBay has strict rules regarding the sale of counterfeit coins, theyare not immune to violations, Purchase coins from reputable and established coin dealers with experience. 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. Im always looking for new discoveries and items to add to the Dexter Dollar Collection. Bidding opened at $375,000, and it was a contest between Sconyers [Hugh Sconyers] and Gerald Bauman of MTB Banking Corp. after a third bidder dropped out at $660,000. In very fine condition the value is around $2,650. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. Now you can own a beautiful rendition of that famed design, minted with 1 oz .999 fine Silver. Vinyl records:1300+ 7" singles pop & rock FREE POST 2.49each: Buy 7, +1 FREE! NGC AU+, 1804 G.B. But what makes these 1804 dollars so special? 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. They weighed an impressive 17.5 grams and were 33 millimeters (1.299 inches) in diameter. The text of that letter has been published by several authors, but Ive never seen a picture of the original letter published. Franklin Mint SILVER Proof, Oak Leaves with Acorns and a Spray of Greenweed SILVER Proof, The Apostles Thomas, James the Greater& Phillip at The Last Supper, REPLICA $2 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $5 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $10 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $20 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $50 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $100 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SILVER, REPLICA $1,000,000,000 PATRIOTIC RESERVE NOTE MADE OF PLASTIC LAYERED IN .999 SI, REPLICA $1 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $2 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $5 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $10 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $20 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $50 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, REPLICA $100 FEDERAL RESERVE NOTE MADE OF PLASTIC LAYERED IN 24K GOLD, 2011 5 Oz Silver George T. Morgan Proposed Design 1876 COPY NGC Gem Proof UC, 1979 TURBAN HEAD EAGLE REPLICA PROOF Commemorative Coin, 1933 SAINT-GAUDENS GOLD DOUBLE EAGLE REPLICA PROOF Commemorative Coin. The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art., The Dollar of 1804 The U.S. Mints Hidden Secretas revealed by the true story of the Dexter Dollar, The King of American Coins. Knowledge about 1804 dollars was still being discovered at that time and much was still unknown about their disappearance. U.S. Mint records state that 19,570 silver dollars were coined in 1804; but just 15 are known. Gold Coins His letter stated he was getting my bumps during these dull summer months, with no relief in sight until say September. It is now known whether Parvin answered the letter, but it is evident that a loan was not made. & H. Chapman, purchased October 13th, 1884, at the sale of a fine collection in Berlin. Often used in jewelry and industrial products, platinum is a rare precious metal that is always in high demand. American Mint offers a wide variety of collectible pieces, pick your favorite category and start collecting today. These became known as the Class II and Class III types. Look forward to interesting news and special offers, and use our personal discounts to discover new collection topics and fine rarities. The first I had ever seen. We value your privacy! And all, it is now believed, were made from dies left over from the previous year or two. The doll sold in the late Phila Sale I have nothing to say about, except that I did not want it at any price., Randalls comments served to support a more aggressive stance taken by numismatist Edouard Frossard on July 29, 1885, when he replied to an inquiry from Dexter with these comments, As soon as I saw the piece I decided in my mind that it must be a restrike and that opinion I now entertainI have not the slightest doubt now & have not had since my visit at Phila. Amounts shown in italicized text are for items listed in currency other than U.S. dollars and are approximate conversions to U.S. dollars based upon Bloomberg's conversion rates. Dexter.. He collected many things, but coins, precious stones and fine art were his primary passions. They compared the coin to the 1804 silver dollar in the U.S. Mint collection in Philadelphia. The timing just seems to be right for a million dollar coin and if theres going to be one, an 1804 dollar should be the coin.. In a Collection of this magnitude it is quite impossible to enumerate all of the great and lesser rarities in the ForewordIn short, I feel justified in stating that this is not simply a Coin Sale Catalog, but really and truly a Library of Numismatics.. I obtained copies of the legal documents in this case from the court system in Philadelphia sometime during the 1990s or 2000s. Thomas De Witt Cuyler American Rare Coin Funds plans for the 1804 dollar remain undecided. Not Sell or Share My Personal Information, Faithful reproduction of the coin that sold for $4.14 million. Those letters were to be used as evidence in the legal action described below. H.G. It shows cost is 17.95. Coin World reported, quoting Gerald Bauman, the underbidder: I felt going into this sale that $600,000 to $650,000 would buy the coin. Here is the Stacks Bowers catalog description: Rare and Historic Presentation Copy of the Dunham Sale It would help others, who Looking for gold and silver coins? But a health scare during the winter of 1988 caused him to rethink his collections and he decided to sell the Dexter Dollar. I enclose the certificates in the letter instead of sending them by express with the dollar., A short article, entitled That 1804 Dollar, published in the February 1887 issue of The American Numismatist, edited by Charles E. Leal, summed up what the numismatic world knew of the lawsuit: The case of Dexter versus Chapman Bros., which was to have been tried on February 14th, at Philadelphia, has been postponed. Josephine took ownership of the real estate, while the daughters took ownership of the collections of jewels and coins. So unless you are an experienced coin collector, you can best protect yourself from potentialloss by following these guidelines: If you want to be assuredthat your coins are genuine, visit our Bound Brook, NJ coin shop for a free no-obligation written appraisal. The Draped Bust theme was first used on United States coinage in 1795. For all practical purposes, the D is virtually invisible. Two of the statutory U.S. coins -- the silver dollar and eagle (or $10 gold piece) -- hadn't been issued since 1804, but Mint Director Samuel Moore decided to include them anyway. Thanks so much! The coin store has no experience over the coin nor knowledge about its history. As alluded to in the subhead above, this catalog is a piece of 1804 dollar history, as it was Charles M. Williams, a collector of Cincinnati, Ohio, who arranged to purchase the Dexter-Dunham specimen of the 1804 silver dollar from the Dunham collection for $4,250, prior to the actual mail bid sale, which the entirety of the Dunham sale was otherwise. In addition, there are six fine enlarged photographic plates featuring the obverses and reverses of the three highlight coins bound in, these include the 1804 dollar, the 1822 half eagle, and the Proof 1855 Kellogg & Co. $50 gold. i got one of these and i thought i struck gold! Davis, great Expert here says Coin is a genuine as mint one & as genuine as one recently sold by him for twelve hundred and states he can sell yours for one thousand. In their 1962 book, The Fantastic 1804 Dollar, authors Eric P. Newman and Kenneth E. Bressett wrote, The Chapmans needed a foreign source for a newly acquired 1804 dollar to aid its legitimacy, for the initial appearance of one in Philadelphia would further embarrass Mint officers and would detract from its selling price. The 1803 dollar may not be as famous as the 1804, but it's held in high esteem and great respect. It was the famous portrait painter Gilbert Stuart who sketched the initial design, later to engraved by Robert Scot. _stq.push([ 'view', {v:'ext',j:'1:11.4',blog:'121927254',post:'724',tz:'-5',srv:'www.centraljerseyrarecoins.com'} ]); James Vila Dexter was a prominent banker from Denver, Colorado. Roland G. Parvin, Dexters son-in-law, took an interest in the coins, and sought to add to the collection. 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. Granberg owned the Idler specimen of the 1804 dollar. The pair exchanged bids in $25,000 increments until Bauman dropped out with a final offer of $875,000, $25,000 less than the winning offer. The seller of the coin, Leon Hendrickson, an Indiana collector and dealer, purchased the coin in 1985 for $500,000. Considered the most beautiful type of gold investment, gold coins offer a unique and Silver Coins The Heraldic color of the Royal House of Siam is yellow, and there is no doubt that apart from the question of sequence, this was the set desired for the King of Siam.. #9 - 1804 Bust Dollar - Class I (Mickley-Hawn-Queller Specimen) Heritage Auctions, HA.com Price Realized: $3,877,500 Date Sold: August 9, 2013 Sold By: Heritage Auctions, Dallas, Texas (Auction #1188, Lot #5699) This is the same coin that is listed as the #10 Most Valuable Coins in the World above that sold for $3,737,500 in April of 2008. Mistake, for $ 4.14 million for new discoveries and items to add to the Dexter dollar by such amateurish... Directive sent to the collection and advise me of your conclusions is true! Is virtually invisible the D is virtually invisible decides to pass off a counterfeit coin Robert.. Genuine exact copy from Chapman letterpress copy of the original letter, but coins, Trade... 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