1804 Silver Dollar Sells for $7.68 Million in SBG ANA Auction

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The sole finest 1804 Draped Bust silver dollar sold for $7.68 million in the Stack’s Bowers Galleries August 2021 ANA Auction, setting a new auction record as the fifth most valuable United States coin ever sold.

1804 Draped Bust Silver Dollar
1804 Draped Bust Silver Dollar. Class I Original. BB-304. Proof-68 (PCGS). The Finest Known Example of “The King of American Coins.” This rarity sold for sold for $7.68 million.

Offered in the firm’s Rarities Night session on Tuesday, August 17, the sale of this 1804 Draped Bust dollar will be remembered as a milestone in United States numismatics.

Graded Proof-68 by PCGS, this 1804 Class I Original dollar is the single finest example of this famous issue, known as the "King of American Coins." The provenance of this specimen began when it was delivered in 1835 as a diplomatic gift to the Sultan of Muscat, and it has since resided in only four private numismatic collections, those of Charles A. Watters, Virgil M. Brand, the Childs family, and the Pogue family.

Following its mysterious appearance in a London auction in 1917, this specimen had sold at auction only once, in Stack’s Bowers Galleries’ 1999 sale, when the Pogue family acquired it for the then world-record price of $4.14 million.

With an astounding $7.68 million realized in the Stack’s Bowers Galleries August sale, the Childs-Pogue specimen is once again the most valuable example of the 1804 dollar. It also represents the second most valuable U.S. silver dollar of any design, ranking behind only the 1794 Flowing Hair dollar sold by Stack’s Bowers Galleries in their 2013 sale.

For more information on Stack’s Bowers Galleries’ record-setting sale of the Childs-Pogue 1804 dollar or to consign your numismatic treasures to a future auction, contact the firm at 800-458-4646 or email info@StacksBowers.com.

About Stack’s Bowers Galleries

Stack’s Bowers Galleries conducts live, Internet and specialized auctions of rare U.S. and world coins and currency and ancient coins, as well as direct sales through retail and wholesale channels. The company’s 85-year legacy includes the cataloging and sale of many of the most valuable United States coin and currency collections to ever cross an auction block.

The company is headquartered in Costa Mesa, California, with offices in New York, Wolfeboro, Hong Kong, and Paris. Stack’s Bowers Galleries is an Official Auctioneer for several important numismatic conventions, including American Numismatic Association events, the New York International Numismatic Convention, the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.

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Antonio

Still doesn’t compete with the 1933 double eagle.

Kaiser Wilhelm

Antonio, Believe me, I am as enamored as you clearly are of the 1933 Double eagle, but this 1804 Silver Dollar is not meant in any way to compete with that one of a kind coin, since the 1804 Dollar comes from a much earlier and therefore far less technologically advanced time and as such any comparison between the two ends up being an apples to oranges one. Try to envision in your mind’s eye what the 1933 coin would look like if it had been struck almost a hundred and thirty years prior to when it was and you… Read more »

Last edited 1 month ago by Kaiser Wilhelm
Kaiser Wilhelm

This is without any question or doubt in my mind one of the most beautiful American coins I have ever laid eyes on. If there are in fact any “Holy Grails” in U.S. coin collecting, this is most certainly one of them. Would that the Smithsonian had some provision in its charter to allow it to purchase historical and artistic treasures of this incomparable magnitude to add to its already stunning collection!