Rare American Coins-1804 Silver Dollar Facts And Values

The 1804 silver dollar is one of the rarest coins and most sought after coins in the world. The 1804 silver dollar was produced in the United States of America and has a face value of a dollar. The 1804 silver dollar has had a very interesting history which is one reason it has captured the attention of world coin collectors. The other reason it is so popular is because it is rare and extremely valuable.

The 1804 silver dollar was designed by Robert Scot. The interesting fact about the 1804 silver dollar is that it wasn't produced in 1804. It was actually produced 31 years later in 1834. The last U.S. Mint record before the 1804 silver dollar shows that the last silver dollar coins produced were in 1803. The United States mint produced the 1804 silver dollar to make sets that were given to members of the Asian government as a gift. The U.S. Mint records shows that 19,750 1804 silver dollars were produced in 1834.

Interestingly enough, 1834 would not be the last time the 1804 silver dollar would be produced. A Philadelphia Mint employee by the name of Theodore Eckfeldt would leave a mark on the coin world and would forever have his name etched in history. Between the years of 1858-1860, Theodore Eckfeldt managed to get a hold of the old 1804 die and created a few 1804 silver dollars. These coins found their way to Philadelphia coin shops during this time. However, most of them were confiscated and later destroyed. Even so, a few of them made it into private collections and survived.

The 1804 silver coin is classified into three classes.

• Class I 1834
• Class II 1858-1860
• Class III 1858-1860

The 1804 silver dollar is very rare and extremely valuable. The original 1804 silver dollar that was produced in 1834 is the most valuable. Record indicate that one actually sold for 4.4 million dollars. Even though the 1804 silver dollar was illegally produced between 1858-1860, these coins are still extremely valuable also. A class II 1804 silver dollar sold for over 3 million dollars a few years ago. Even in rough shape, the 1804 silver dollar can be worth millions!

Like any coin that is extremely rare and valuable, there are a bunch of counterfeit 1804 silver dollars that go around. You may want to be careful buying from anyone that is not certified. To the untrained eye, these counterfeits can look very real. If you are fortunate enough to come across one, you better think twice unless they are professional. If you believe you have a real 1804 silver dollar coin, you need to have it graded professionally.