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1804 Coin Value: Rarity and Auction Prices Explained

squirrelz by squirrelz
17/08/2025
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The value of an 1804 coin depends on the specific coin type and its condition. Here’s a breakdown of values for different 1804 coins:

  • “King of American Coins” : The 1804 Draped Bust Silver Dollar is regarded as one of the most iconic and rare coins in American numismatic history.
  • Not Struck in 1804: Despite the date, these dollars were minted later, starting in the 1830s, primarily for diplomatic gift sets.
  • Extreme Rarity: Only 15 known specimens exist across three classes.
  • Value: Value varies significantly based on the class and condition of the coin. Recent auction prices for Class I specimens have reached into the millions of dollars. In August 2021, a Class I specimen (PCGS PF68) sold for $7.68 million.
  • Value Range: According to the NGC Price Guide, as of August 2025, a Capped Bust Quarter from 1804 in circulated condition is worth between $3250 and $95000. In pristine, uncirculated condition, they can sell for as much as $475000.
  • Factors Affecting Value: Prices vary depending on the specific coin, including the condition (circulated vs. uncirculated) and rarity (e.g., whether it’s an error coin or a specific variety).
  • Examples of Prices:

– Good condition: ~$4,250
– Fine condition: ~$8,500
– Extremely Fine condition: ~$28,000
– Uncirculated condition: ~$50,000

  • Auction Records: Certified 1804 Draped Bust Quarters have sold for thousands of dollars at auction, depending on the grade and condition.
  • Value Range: According to Greysheet, values range from $775 – $648,000 for Mint State (MS) Brown (BN) cents, depending on the variety.
  • Restrikes: Some 1804 Draped Bust Large Cents are restrikes from 1860, with their own specific value ranges.
  • Examples of Prices:

– Good condition: ~$75
– Fine condition: ~$200
– Extremely Fine condition: ~$475
– Uncirculated condition: ~$2,200

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  • Value Range: Values can range from $60 in poor condition to over $120,000 for specific uncirculated varieties.
  • Varieties: Different varieties exist, such as “Plain 4” and “Crosslet 4”, with or without “Stems,” as well as the “Spiked Chin” variety.
  • Factors Affecting Value: The variety of the coin significantly influences its value, along with its condition.
  • Value Range: Values range from $3,150 for coins with a 13-star reverse in Mint State condition up to $576,000 for coins with a 14-star reverse in Mint State.
  • Auction Record: An 1804 Draped Bust Dime with a 14-star reverse in AU53 condition sold for $132,500.

Important Notes:

  • Certification: Having an 1804 coin authenticated and graded by a reputable third-party grading service (like PCGS or NGC) is crucial for accurate valuation.
  • Condition is Key: The condition, or grade, of a coin plays a huge role in its value. Uncirculated and pristine coins are significantly more valuable than those with wear and tear.
  • Replica Coins: Be aware that many 1804 replica coins exist, which are typically worth only their metal value.
  • Professional Appraisal: If you believe you have a genuine 1804 coin, consulting with a professional coin appraiser to determine its specific value is recommended.
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squirrelz

squirrelz

Seasoned cryptocurrency analyst and expert with 10 years of extensive experience in blockchain technology, digital assets, trading strategies, and market analysis for informed investment decisions

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Comments 4

  1. Daniel L. Smith says:
    7 hours ago

    How many 1804 coins are there?

    Reply
    • Prof. Steven X. Zhang says:
      7 hours ago

      Thanks for asking. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the United States Mint, of which fifteen specimens are currently known to exist.

      Reply
  2. Robert Garcia Jr. says:
    7 hours ago

    How to tell if your 1804 silver dollar is real?

    Reply
    • Jason X. Smith MD says:
      7 hours ago

      If you have an 1804 dated, Draped Bust Silver Dollar, in your possession, and it doesn’t have the word COPY stamped on it’s surface than it’s a counterfeit.

      Reply

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