Two years later, the same firm sold the Walter H. Childs Collection, which contained the finest known 1804 silver dollar the Proof 68 Sultan of Muscat specimen. F. the Dexter Dollar sold for the world-record price of $990,000 in 1989, becoming the very first coin to sell at the million-dollar level? Brown owned a gambling house in Spokane, Washington, but Doc Brown, as he was known, moved to Portland, Oregon in 1903, because legislation was passed in Washington making gambling a felony. He collected many things, but coins, precious stones and fine art were his primary passions. Miniature replica coins were used as a novelty item to emphasize the inflation problem in the late 1970's and early 1980's. They were contained in a pouch with a miniature replica cent, nickel, dime, quarter, half dollar and dollar. "With large cents, this practice was common in every year from 1795 through at least 1803 -- and maybe through 1806," Breen told me. Author: www.usacoinbook.com Date Submitted: 09/07/2019 03:51 AM Average star voting: 3 ( 88813 reviews ) Summary: Would it not be well to talk it over with our mutual friend Mr. Wolcott. In an attempt to diffuse the situation, J.W. The book is also inscribed with this quote, Bound page proofs ready for correction, and correct them we did!. Dexter built a very important collection of early American gold coins and much more. Hotel Garni Am Ellinger Tor. The Dexter Dollar Collection contains 8 X 10 photographs of the four letterpress copies of letters sent from S.H. Witnesses were discussed and, in some cases, contacted. This is the story of the Dexter Dollar, as told by The Dexter Dollar Collection of Historic and Important Numismatic Literature and Works of Art.. Marking the significance of this coin being made into a medallion replica to SilverTowne's history, an interesting difference for this replica medallion can be found in the ribbon in the Eagle's mouth on the reverse, instead of "E PLURIBUS UNUM" this piece says "DEXTER" and "HENDRICKSON" bringing light . But then, Brent purchased a third 1804 dollar several years later a Class III example. It has no resale value. The first ten dollar gold coins were issued by the United States in 1795 and were known as the Liberty Cap ten dollar coins. The price gap between them, however, is substantial. 1804) Video in the description, NEW! August 18, 1999. If you have a coins related question and cant find the answer, askus and find the answer soon in the FAQ section from this site. 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. In fact, in some years the coins were only sold directly to collectors and dealers by The U.S. Mint. He was a charter member of the Chicago Coin Club and served as Chairman of the Board of the American Numismatic Association. 138 - UNCIRC. Then too you must bear in mind that a good many of our experts will probably considerably modify their testimony when they come to go into the witness box and possibly some will fail to attend at all. Tens and all face cards (jack [ J], queen [Q ], and king [K]) have the value of 10. Answer: If it is a class A copy from the 1804 dollar, so it looks real for many non-coin experts the value might be between $25 to $100 on the market. and H. Chapman to James Vila Dexter, J.W. Stuart's model for Lady Liberty was a well known 31-year old Philadelphia woman named Ann Willing Bingham. and H. Chapman to Adolph Weyl during late 1884 and early 1885 regarding their purchase and shipment of the 1804 silver dollar. However it is magnetic, so I doubt it is real. It is a restrike from (probably) recut dies made in 1868 or 1869 & could easily be proved to be such in a Court of Justice.. J.V. A. Loudon Snowden, Register, Chief Coiner and Superintendent, Left center: A. Loudon Snowden Certificate of Genuineness, Bottom center: Patterson DuBois Certificate of Genuineness, Right center: Jacob B. Eckfeldt Certificate of Genuineness, Top center: S.H. As youll see ahead, the dollar was purchased legitimately by the Chapman brothers from the 1884 auction in Germany. "That's why the 1804 commands a much higher price. By Ed Reiter - The book was on the presses and due to be released within days when David F. Spink, of London, and James C. Risk gave a talk at the Detroit ANA convention entitled, New Facts About an Old U.S. Coin.. The 1804 is considered the "King" of silver dollars, and is rarely seen for sale at any market. When the day arrived, tension built in the auction room. As a professional artist, Charles Stoll knew enough to embellish the case with a lock to show value and importance of the contents of the display case. The Dexter Dollar Collection also contains an original wrapped package of six new copies of The Fantastic 1804 Dollar. Match with the search results: An 1804 silver dollar sold for US$7.68 . Coin Collecting Accessories All were minted during the year's first quarter. Coins for Sale A. the discovery of this coin in Germany in 1884? _stq.push([ 'clickTrackerInit', '121927254', '1605' ]); I have an 1804 Silver Dollar. 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. Sadly, the certificates, which had accompanied the coin from owner to owner, went missing in the 1980s. The obverse features Liberty in right-profile relief. I did find out in my research From the day after Dexters purchase of the dollar, newspaper stories appeared across the country telling of the coins high price. The United States Dollar remains a strong currency today and is one of the primary currencies used in most international transactions. One of the best things about collecting coins is that it providesa lens through which you can explore a range of different subjects. But more than 50 years later in 2014 I discovered the real truth in the archives of the American Numismatic Society in New York City. Bareford reportedly paid $10,000 for the rarity in 1949. Interestingly, Snowdens certificate stated that the 1804 dollars were coined in that year. The other certificates did not make that statement. 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. Now there are six to seven known, according to A Guide Book of United States Coins, also known as the Red Book.. Each coin is worth around $1,050 in good condition. This is due to the fact that this great coin was the first coin of United States mintage to have been recognized as the rarest coin of the United States, from the very beginning of American Numismatics, more than One Hundred years ago. Octavo. The auction lot opened at $2,600,000 and hammered at $2,800,000, for a total sales price of $3,290,000 after the buyers fee was added. _stq.push([ 'view', {v:'ext',j:'1:11.4',blog:'121927254',post:'724',tz:'-5',srv:'www.centraljerseyrarecoins.com'} ]); Thomas De Witt Cuyler After receiving the 1804 dollar, the Chapmans went to great lengths to research it. Unless you are very wealthy or you purchased one of the known specimens from a reliable source, your 1804 dated dollar coin is a fake. Not knowing I am holding on to worthless junk! He consigned it to the Rarcoa portion of Auction 89, held on July 7th and 8th, 1989 in Chicago. Hendrickson, reflecting on the sale of the coin, said: Ive really enjoyed owning it. . Snowden is willing to give a certificate and I presume the others would be also. R.A. McClure, curator, was one of the signors of Dexters Certificates of Genuineness. 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 thousands of years, gold has been a symbol of wealth and status; today, it is considered a safe, long-term investment for everyone. The full history, minute description, copies of affidavits of genuineness, dramatic description of the scene in the auction room when this coin was purchased in 1885 by John W. Scott for Mr. Dexter, will be fully given in the catalog. Notice that the letterpress copy shown above is an exact copy of the letter that appeared on the S.H. I began researching the Dexter Dollar that day in June 1989 when I received my copy of the June 13th issue of Numismatic News and saw the headline Dexter 1804 dollar going on block. I recalled the Dexter name on one of the 1804 dollar works of art I had acquired not long before. As this is written, in mid-August 1999, that record appears to be in jeopardy -- for yet another 1804 dollar, the Childs specimen, seems likely to fetch more than $2 million at a Bowers and Merena auction on Aug. 30. Of this dollar, according to the returns of the United States Mint records, 19,570 pieces were struck, and with the exception of a few, were all exported to Africa to pay the sailors and soldiers engaged in the war against Tripoli.. The artist was Charles Stoll, a Denver artist, draftsman and lithographer who was also proficient at engrossing or ornamental lettering. Typical counterfeit 1804 dollars have reeded edges . In those days, Dexters $1,000 purchase price was the equivalent of about a years income for the average worker. How could there be a better outcome for Dexters lawsuit? Typical counterfeit 1804 dollars have reeded edges. Mark Ferguson 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. The single finest example of the 1804 US silver dollar sold for an astonishing $7.68 million at a Stack's Bowers Galleries. The history that shines through on these Silver U.S. rounds will undoubtedly add value to your numismatic collection. The text of that letter has been published by several authors, but Ive never seen a picture of the original letter published. Hendrickson came over to Sconyers immediately after the bidding ceased. Dr Davis of this City a collector in whom every one seems to place confidence states that your coin is worth $1500.00 with the certificates and believes he can get this price for you if you wish to sell. & H. Chapman, purchased October 13th, 1884, at the sale of a fine collection in Berlin. Undoubtedly the most famous and best known rarity of our entire coinage, and one of the most famous coins of the entire world. I purchased it from the Stacks Bowers Galleries sale of the D. Brent Pogue numismatic library on August 7, 2020. Laughin' 4/8/2018. Each coin is luxuriously plated in silver and comes encased in a handsome protective capsule to preserve it for future generations. The first coin to sell for $1,000 at public auction (1885). Beautiful replica of the 1804 Liberty Dollar! The King of American Coins just fetched a princely, world-record sum. You can also opt for interest-free monthly installment payments if you spend more than $100. Two primary differences exist between the first printing and the rewritten book. They paid $216 for the coin. Granberg was Chairman of the American Numismatic Association from 1911 to 1914 and President of the ANA from 1915 to 1916. It is the realization of a lifelong ambition. a seller decides to pass a replica coin for the real deal. The 1804 Draped Bust Large Cent is an iconic coin that is the apple of just about any collector's eye. 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. Roland G. Parvin, Dexters son-in-law, took an interest in the coins, and sought to add to the collection. Question asked: I bought an 1804 dollar and found out after visiting your site that it is a counterfeit, does it have any value? The original chapter, The Diplomatic Gift Delusion, was rewritten and given a new title, The Diplomatic Gift Background. Secondly, the first printing has no photo of the King of Siam proof set on page 70, as does the second version. It is arguably the most famous. This page was last updated: 02-Mar 00:16. The Pogue family purchased the Dexter 1804 Dollar in the sale. I think its one of the finest coins that you can possibly ever own.. You may never be able to own an 1804 dollar, but you can own an authentic piece of its history! You should be ashamed of yourself. I was half a mind to drop it on them, as I do not believe in letting people run up prices in the own sale but as I think the dollar worth the money, (it is I think the best one known) I continued to the 1000. Type: Draped Bust Dollar. I obtained them from the late son and wife of H.O. Sponsored. We do our best to provide precise spot prices; however, during times of market volatility, prices may not be to-the-minute accurate. A photo of the actual May 1885 Chapman catalog was shown earlier. Enter your email address to subscribe to this blog and receive notifications of new posts by email. But Parvin sold many of the coins and received several offers to buy the 1804 Dollar. 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. According to what Brent told me, their intent was to help protect the record price they paid the year before for the Sultan of Muscat/Childs specimen and to get the bidding started. Vinyl records:1300+ 7" singles pop & rock FREE POST 2.49each: Buy 7, +1 FREE! He was obviously pleased with the outcome of his legal ordeal over his 1804 Dollar. In re Chapman Bros. They were held for 19 months after being captured in the Tripoli harbor in 1803. The Dexter Dollar story presented on this website is original content meant to display the Dexter Dollar Collection. Average star voting: 5 ( 13551 reviews) Summary: The coin is being offered from the collection of the late Utah Jazz owner, Larry H. Miller, to benefit charity. is claiming to be a true coin as really genuine or not. The buyers were coin dealers John Albanese of CAC and Kevin Lipton. Many were being shipped to the West Indies, where they were being exchanged for heavier Spanish milled dollars -- coins containing slightly more silver -- and these, in turn, were being brought back to the United States for melting at a nice, dependable profit. For all practical purposes, the D is virtually invisible. Reportedly, the consignor bought the coin back for $700,000 when bidding stalled at $675,000. The Golden Eagle coins are minted at 22 karat purity (91.67% gold, 3% silver, 5.33% copper). I have a 1760 pieces of eight coin that says copy on it. P.S. In extremely fine condition the value is around $4,500. He told Coin World the price exceeded the $575,000 floor the consignor set at which bidding was to begin. Two more 1804 dollars sold during the 1990s for record-high prices. Can you find the words COPY on your 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. See each listing for international shipping options and costs. Stack's Bowers Galleries Text size An 1804 silver dollar from the collection of the late businessman and philanthropist Larry. Brown had an extensive collection that included Colonial coins, early copper coins, small denominations, silver dollars, gold coins, rare territorial gold and foreign coins and he wanted to add an 1804 silver dollar. This presentation copy of the Dunham catalog is now part of the Dexter Dollar Collection. "In the last analysis, a coin is worth what informed collectors will pay for it at auction when it's been properly described, properly graded, properly pedigreed and everyone concerned knows the coin, knows that it's genuine, knows its history and knows everything about it. Are you concerned the precious metals train has left the station without you. You'll enjoy having a faithful reproduction of a rare and highly valued collectible you can display in your home or office. The original prices realized list is laid in, as is Mehls presale promotional brochure, A Prospectus of the Celebrated William Forrester Dunham Numismatic Collection, giving a thorough overview of the offerings, and a solicitation for catalog orders. The 1795 Draped Bust dollar is worth around $1,000 in about good condition. June 3, 1941. The edges of the round are usually reeded, as opposed to the plain original. The 1990s for record-high prices quote, Bound page proofs ready for correction, and correct we! 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