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04 Dec 2021

1804 Dollars Part Two

Young Numismatists Exchange | user_30405

Last time we saw the context and beginnings of 1804 Dollars, today I will discuss the Type One 1804 Dollars

Type 1

These presentation sets for global leaders were to contain a proof of every “current” coin. These instructions were rather vague in respect to if they should contain the dollar and the eagle, which is a ten dollar gold coin, both of which were discontinued in 1804. If so, the date they should then bear was ambiguous. Moore consulted longtime mint employee Adam Eckfeldt, whose nephew would play a critical role in the future restrikes, on what he should do. Eckfeldt said that it would be wise to include the suspended coinage; he then consulted his personal collection as he had taken uncirculated examples from every year he worked at the mint and didn’t find any dollars dated 1804. When he then checked the mint logs, he found that a sizable amount of dollars had been minted in 1804. Not wanting to enrage the collectors by creating a new rare date, he advised Moore to use the 1804 date. These coins had a new set of dies made and hand lettered edges. Moore proceeded to mint eight sets, with all the other coins in the set bearing the 1834 date. Andrew Jackson planned to give one to each of the King of Siam, the Sultan of Muscat, the Mikado of Japan, and the Emperor of Cochin-China, and save the other four for later negotiations. In 1835, when Edmund Roberts went to make treaties and trade agreements with these provinces and countries, he died on his travels before he could deliver the last two sets to the Mikado of Japan and Emperor of Cochin-China, so those were returned to the United States with the rest of his possessions.

These coins remained hidden until the 1840’s when two mint employees wrote a book and the cover illustration contained one of these rare 1804 dollars. Rumors were already circulating among the numismatic community, when on May 9, 1843, respected numismatist, Matthew Stickney confirmed suspicions when he traded a unique 1785 Guinea in gold for the first of the six remaining 1804 Dollars. Of the remaining five, one was reserved for the assay and then moved to the National Numismatic Collection, and the others quickly went to prominent collectors. These coins are often called the “Type 1 1804 Dollars,” but two more types were to follow.

SOURCES:

Wikipedia. 1804 Dollar.

Yeoman, R. S. A Guide Book of United States Coins. 73th ed.

The Conference on Research in Income and Wealth. Trends in the American Economy in the Nineteenth Century.

PCGS Coinfacts. pcgs.com

usmint.com

Thanks for reading, comments and tips are welcome


Comments

Kepi

Level 6

Nice blog! Great history! ; )

Never heard the full story. Thanks.

thatcoinguy

Level 5

I like 1804 dollars because of the legends behind them. Thanks fir sharing.

Longstrider

Level 6

Nicely done. I appreciate you having a source list. Thanks.

slybluenote

Level 5

Great story and history ! I definitely learned from this blog. Thanks for writing and sharing it! Since I don’t collect a great deal of dollars, I would never have known.

AC coin$

Level 5

Great story , nice information . Thanks en sharing .

Mike

Level 7

That is a great story and you told it well . Thanks for sharing! We appreciate it!

Golfer

Level 5

Awesome story. Surprised there are not more coins like this around. Mint employees could of had some real fun back then probably.

Even if I had the money, I wouldn't buy one. I like original coins made rare from circulation, not the mint. Still- very historic pieces.

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