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Coin of The Week Archive

1804 Class III Silver Dollar - The King of US Coins

Adams-Carter 1804 Class III Silver Dollar
AU58 PCGS
The Finest Class III 1804 Available Outside Museums

Heritage Auction Galleries' Central States Numismatic Society Convention Platinum Night Auction on Thursday, April 30, 2009 sold the Adams-Carter specimen of the Class III AU 58 PCGS 1804 silver dollar for $2.3 million dollars (including buyers premium). 

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.

Photos of the 1804 Class III Silver Dollar

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Adams-Carter 1804 Class III Silver Dollar AU58 PCGS Obverse    Adams-Carter 1804 Class III Silver Dollar AU58 PCGS Reverse    

Video Description of the 1804 Class III Silver Dollar 

1804 Class III Silver Dollar Video

Images Courtesy of: Heritage Auction Galleries, Ha.com, Copyright Heritage Auction Galleries.  Used with permission.

Coin Series Specifications

Description1798-1804 Draped Bust Large Eagle
KM#32
DenominationDollar
CountryUnited States
Coinage TypeCirculation Coinage
MintU.S. Mint
CompositionSilver
Fineness0.892
Weight26.96 g 0.7731 oz ASW
Diameter39-40 mm
Description ObverseDraped bust right, flanked by stars, date below
Description ReverseHeraldic eagle
Legend ObverseLIBERTY
Legend ReverseUNITED STATES OF AMERICA
Designer ObverseRobert Scot
Designer ReverseRobert Scot
Issue dates1798-1804
Composition0.8924 part silver, 0.1076 part copper
Diameter39 to 40 mm
Weight416 grains
EdgeLettered HUNDRED CENTS ONE DOLLAR OR UNIT
Business strike mintage1,153,709 (includes some 1798 Small Eagle Coins)
Proof mintageNone originally; some novodels ("restrikes")

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