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What's an 1804 Silver Dollar Worth?


johnbo

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My dad showed me his original 1804 US silver dollar he got from se asia.

 

The wrapper it's marked in says "Idler"

 

The coin is a little worn but orignal. has the proper writing on the side, "hundred cents one dollar or unit"

 

Any ideas?

 

thanks,

johnbo

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Guest Stujoe

Welcome johnbo! Tiff is right on the money.

 

The US 1804 dollar is one of the rarest and most famous US coins and, I am also sorry to say that the odds of yours being real are slim to none...and slim left on the bus about an hour ago. :ninja:

 

 

Many, many fake coins come out of Asia and the 1804 (and other year US dollars) are high on the list.

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Guest Stujoe

You could poke aroound on this page and see some info on Bust Dollar fakes:

 

http://mywebpages.comcast.net/reidgold/dra...sts/page_7.html

 

You could have it authenticated by one of the services but that is not free. Or you could maybe take it into a local dealer and he might be able to give you some info on how to tell yours is a fake.

 

Here is some info on the real thing:

 

http://mywebpages.comcast.net/reidgold/dra...sts/page_3.html

 

and

 

http://www.pcgs.com/articles/article1296.chtml

 

It is one of the most studied coins in numismatics and there are 15 real ones that are known (if i remember correctly) and thousands of fakes and copies out there. The odds are just about nil that a new one will show up.

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Dang, how can you tell? He obtained it from Thailand, btw. Would pictures help?

 

thanks,

johnbo

 

 

we could tell because it has a value of greater than $1 Million and all the pieces are known. That means there are none out there to be "found." The owners of these coins are (for the most part) well known in the numismatic community and the pedigree of each of the coins is an important part of their history, so it is well kept info; who owns them, how they are packaged, etc.

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