In numismatic history, there are few coins that stand out as incredibly rare and desirable. The 1804 Silver Dollar is one of these few. It does not have the lowest mintage in U.S. history, but its air of mystery make it a coin few collectors would not want to own.
The dollar's journey through time begins over 360 years ago. Though wampum could "passÃ© at six a penny" and six hundred for a dollar, the dollar changes from shells to coinage in 1652 with the famous New England shilling, valuing today over $50,000 in good condition. Actually, in 1661 the law making wampum legal tender was repealed.