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Heritage offers King of American Coins

 An 1804 dollar will be offered by Heritage Auctions at the firm’s Long Beach Expo Signature sale, which will be held June 14-17.

An 1804 dollar will be offered by Heritage Auctions at the firm’s Long Beach Expo Signature sale, which will be held June 14-17.

A rare 1804 silver dollar, the King of American Coins, will be offered by Heritage Auctions at its Long Beach Expo Signature sale June 14-17.

It is the Mickley-Hawn-Queller specimen.

The Class I Original dollar is graded PR-62 by the Professional Coin Grading Service.

“Only eight Class I examples are known of the fabled 1804-dated dollars, one of the most popular of all United States rare coins,” said PCGS President Don Willis.

According to PCGS CoinFacts, even though the date on the coin is 1804, “…the first 1804 silver dollars were struck in or about 1834 when orders came from the State Department for special sets of coins to be struck for diplomatic purposes.”

“Among the major attractions in the auction are outstanding items from a 22-coin type set, and each coin was carefully chosen for rarity and condition,” explained Willis.

Among these is one of the finest-known 1793 Chain America cents With Period (S-4, B-5, R.3). It is graded PCGS MS-65 BN CAC. It was once part of the famed Eliasberg collection.

Also going on the block will be a 1794 Flowing Hair Bust Dollar, graded PCGS XF-40 CAC.

The 1794 dollar was the first design struck during the early days of the Philadelphia Mint. Only 1,758 came off the presses.

So few were struck because the Mint’s presses in that year could only reasonably handle coins up to half dollar size. The Mint attempted the larger coin, but results disappointed, and the number produced was low.

Described as an amazing coin by Heritage, a 1907 Saint-Gaudens $20 High Relief, Wire Rim graded PCGS MS-67 CAC will be offered.

It has surfaces that “are essentially perfect ... the satiny mint luster glows.”

“The Long Beach Expo continues to be an excellent location for conducting our auctions on-site and online around the world. Heritage is proud to be the official auctioneer of the show,” said Heritage Auctions Executive Vice President Todd Imhof.

Since its founding in 1986, PCGS experts have certified over 38 million coins with a total market value of over $33 billion. Visit or call (800) 447-8848 for more information.

This article was originally printed in Numismatic News. >> Subscribe today.

More Collecting Resources

• The 1800s were a time of change for many, including in coin production. See how coin designs grew during the time period in the Standard Catalog of World Coins, 1801-1900 .

• Are you a U.S. coin collector? Check out the 2019 U.S. Coin Digest for the most recent coin prices.