If you’re into rare coins or U.S. history, chances are you’ve heard of the legendary 1804 Silver Dollar — often called the “King of American Coins.” 👑 This masterpiece of numismatics has sold for as much as $4.1 million at auction, making it one of the most valuable U.S. coins ever struck.
đź“– The Story Behind the 1804 Silver Dollar
Surprisingly, these coins weren’t actually made in 1804. Instead, they were struck decades later — during the 1830s to 1850s — for use as diplomatic gifts.
The Class I examples were part of special proof sets ordered by the U.S. State Department in 1834–1835, intended for foreign leaders and dignitaries.
⚙️ Coin Specifications
- Year (on coin): 1804
- Actual mintage: 1834–1835 (Class I)
- Mint: Philadelphia
- Composition: 89.24% Silver, 10.76% Copper
- Weight: 26.96 grams
- Diameter: 39–40 mm
đź’Ž Why the 1804 Silver Dollar Is Worth Millions
There are only 8 known Class I specimens in existence today. Each carries unmatched historical prestige:
🔹 Rarity – Extremely limited population (just 8 known).
🔹 Historical Significance – Created for high-level diplomacy.
🔹 Prestige Factor – Widely regarded as the most iconic U.S. coin.
🔹 Auction Record – One sold for a jaw-dropping $4.1 million.
The obverse features Lady Liberty with 13 stars (for the original colonies), while the reverse showcases a majestic heraldic eagle.
đź’ˇ Did You Know?
There are three different classes of 1804 Silver Dollars:
- Class I – Official diplomatic strikes (rarest & most valuable 💰).
- Class II – Unauthorized Mint restrikes (only 1 known).
- Class III – Later restrikes (6 known).
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