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. 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 [email protected].
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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 D. Brent Pogue Collection, The John J. Ford, Jr. Collection, The Louis E. Eliasberg, Sr. Collection, The Harry W. Bass, Jr. Collection, The Joel R. Anderson Collection, The Norweb Collection, The Cardinal Collection, and The Battle Born Collection — to name just a few. World coin and currency collections include The Pinnacle Collection, The Louis E. Eliasberg, Sr. Collection of World Gold Coins, The Kroisos Collection, The Alicia and Sidney Belzberg Collection, The Wa She Wong Collection, and The Thos. H. Law Collection.
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 (ANA) events, the New York International Numismatic Convention (NYINC), the Whitman Coin & Collectibles Spring, Summer and Winter Expos, and its April and August Hong Kong Auctions.