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‘King of American Coins’ To Be Auctioned

By August 4, 2013

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The Mickley-Hawn-Queller 1804 Silver Dollar Class I Original, PR62 NGCThere is no doubt that the "King of American Coins" is the 1804 Draped Bust silver dollar. There are a total of 15 known genuine specimens of three different varieties. It is not often that these come to auction and one of the most preferred specimens will be auctioned on August 8 at the American Numismatic Association's World's Fair of Money. According to the press release issued by Heritage Auctions:

There is no other coin in American numismatics with as storied and famous a history as the Class I 1804 $1, of which only eight exist. Heritage Auctions will be offering the Mickley-Hawn-Queller specimen of the 1804 $1, graded PR62 by both PCGS and NGC, from The Greensboro Collection, Part IV, as the lead lot in its Platinum Night event on Thursday, Aug. 8. "The Class I 1804 $1 is the undisputed King of American coins," said Greg Rohan, President of Heritage Auctions, "and it is always an event when one of them shows up for auction. It's the rare chance for a top collector to add their name, or the name of their collection, to a history that will never diminish in importance. It is, in many ways, numismatic immortality for whoever comes out on top, and we expect there will be many vying for that honor."

Image courtesy of: Heritage Auction Galleries

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Comments

August 14, 2013 at 10:04 pm
(1) James Bucki says:

The coin sold for $3,877,500.00 on August 9.

August 15, 2013 at 1:38 am
(2) Don says:

No wonder people are making counterfeits.

August 15, 2013 at 8:09 am
(3) Bob says:

Although many coins are counterfeited today, this is not really one of them. The rarity of the coin and its’ notoriety keep it off the crooks lists. As far as copies go, that is another matter…………

August 22, 2013 at 3:45 pm
(4) wendell says:

When these coins were minted, how many of these coins were put into circulation?

August 22, 2013 at 3:56 pm
(5) Jim Bucki says:

Wendell, The answer is: none. These 1804 silver dollars were actually minted in 1834 as presentation gifts to foreign dignitaries from the President. It is believed that a “few extra” were made for “special friends” of the mint.

October 8, 2013 at 6:38 pm
(6) rolly says:

im from the philippines and we actually have $1 1804 and how would i know if we have the authentic or origanal one.

Thanks.

October 9, 2013 at 8:18 am
(7) Jim Bucki says:

Rolly,

The only sure way is to spend about $70USD to have it authenticated at PCGS or NGC. There are only 15 genuine ones in existence. Every one that a reader has contacted me about has been a counterfeit.

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