1804 Silver Dollar (King of American Coins) Value
1804 (struck 1834-1859) · $1 · 89.24% silver, 10.76% copper
Value by Grade
| Grade | Est. Value |
|---|---|
| Poor (P-1) | $2,000,000 |
| Good (G-4) | $3,000,000 |
| Fine (F-12) | $5,000,000 |
| Uncirculated (MS-63) | $8,000,000 |
| Gem (MS-65) | $24,000,000 |
| Perfect (MS-70) | $120,000,000 |
Key Dates & Rare Varieties
| Date/Variety | Why It's Special | Value Range |
|---|---|---|
| 1804 Class I | Original striking, 8 known — sold for $7.68 million in 2021 | $3,000,000–$10,000,000 |
| 1804 Class III | Restrike, 6 known — still extremely valuable | $1,500,000–$5,000,000 |
| 1804 Class II | Unique specimen in Smithsonian collection | Priceless |
Coin Specifications
- Designer
- Robert Scot
- Years
- 1804 (struck 1834-1859)
- Denomination
- $1
- Composition
- 89.24% silver, 10.76% copper
- Diameter
- 39.5 mm
- Weight
- 26.96 g
Quick Value
Where to Buy/Sell
1804 Silver Dollar (King of American Coins): History & Background
The 1804 Silver Dollar is called the 'King of American Coins' and is one of the most famous and valuable coins in the world. Despite bearing the date 1804, no silver dollars were actually struck that year — the known specimens were produced in 1834 and later as diplomatic gifts and for collectors. Only 15 specimens are known: 8 Class I (original strikings from 1834), 1 Class II, and 6 Class III (restrikes from the late 1850s). The most recent sale of a Class I specimen brought over $7.68 million in 2021.
How to Grade a 1804 Silver Dollar (King of American Coins)
Accurate grading is the single most important factor in determining a coin's value. A difference of just a few grade points can mean 10× or more in value. Examine the highest points of the design first — these are where wear appears earliest. For the finest grades, luster, strike quality, and surface preservation all matter. Professional grading by PCGS or NGC adds certainty and typically increases resale value. Read our complete grading guide →