Dollar sells for $2.3 million

cliff490

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One of the rarest American coins, the 1804 Adams-Carter silver dollar named for two previous owners of the coin, brought $2.3 million at a Heritage Galleries auction last week. Because of the recession, the coin sold for a half-million dollars less than it would have brought last year, according to the New Jersey dealer who bought it. The 15 known 1804 silver dollars were not struck that year. The first eight were made in 1834 as gifts to foreign heads of state. Another was struck in 1857, and six more were made later--perhaps illegally by a U.S. Mint employee.

1804_dollar.gif
 
So I shouldn't expect to find one in the wood chips at the local tot lot?
 
Is it known how many were made ?

Siggi

Sure do Siggi... the mint keeps pretty detailed records on coins struck and distributed. Resources like the RedBook and some places online like CoinFacts have the numbers available when it comes to things like that. They know how many were struck for circulation, how many were struck as proofs, etc etc.

As far as this coin is concerned... no circulation strikes were made, and as stated, only 15 proof strikes are known to exist.
 
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