1804 $1 Restrike - Class III PR (PCGS# 6908)

2009 CSNS PN

  • Auctioneer:
    Heritage Auctions
  • Lot Number:
    2567
  • Grade:
    PR
  • Price:
    $2,300,000.00
Lot Description
1804 $1 Class III PR58 PCGS. The King--Pride of Ownership Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. Another issue, the 1933 double eagle, with an auction record in excess of $7 million, holds the title of most expensive, at least based on past sales. However, no other U.S. coin can ever be popularly accepted as the King of Coins. The 1804 silver dollar is clearly the most famous coin ever struck at a U.S. mint. Its rarity has been documented for more than 150 years. B. Max Mehl once wrote: "In all of numismatics of the entire world, there is not today and there never has been a single coin which was and is the subject of so much romance, interest, comment, and upon which so much has been written and so much talked about and discussed as the United States silver dollar of 1804." Mehl's words are every bit as appropriate today as they were in 1941, when he wrote them for his famous Dunham Collection catalog. The 1804 silver dollar still holds the same romance as it did then, and it will continue to do so in the future. Acquisition of any 1804 silver dollar will secure for its owner a place in numismatic immortality. The 1804 dollar was called the "King of the U.S. series" by the Chapman Brothers at least as early as 1885. Also in 1885, George C. Evans called the coin "The King among Rarities" in History of the United States Mint. In 1907 Henry Chapman called it "The King of United States Coins" in his Matthew Stickney Collection catalog. Perhaps no one has ever done more to promote its rarity and importance than Mehl, who handled six different examples a total of eight times. Mehl was proud to offer any specimen, including this coin that he sold to Col. E.H.R. Green in 1932. The Adams-Carter Specimen--The Specimen Presented Today The Adams-Carter specimen was struck as a proof, as were all 1804 silver dollars. Like some other Class III coins, it was artificially worn
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