- USA Coin Book
- Draped Bust
- 1804-P : Second Reverse - Restrike - Class III
1804 Draped Bust Dollars : Second Reverse - Restrike - Class III
Metal Composition: 89% Silver - 11% Copper
Diameter: 39.5 mm
Mass / Weight: 26.96 grams
What this coin looks like (obverse, reverse, mint mark location, special features, etc.):
This variety of the 1804 Draped Bust Silver Dollar is a Restrike Proof with the Class III (Class 3) reverse. The "original" coin was actually produced in 1834 and 1835. These restrikes were illegally produced by Mint employee Theodore Eckheldt starting in 1859 and intended for collectors. Only 7 of these are known to exist - Each coin is worth around $2 million or more!
The difference between the Original Class I and Restrikes Class II/III varieties has to do with a slightly different design on the reverse of the coin. The Class I variety features the words "STATES" and "OF" spaced more closely together. Class II and Class III both share the same design but the words "STATES" and "OF" are more widely spaced apart - making it easily distinguishable from the Class I variety. The difference between Class II vs Class III design is extremely subtle. The easiest way to distinguish the two is to view the edge of the coin. Class II has a plain smooth edge with no lettering while the Class III variety has a lettered edge. The difference between the 1804 Class I vs Class II & III Draped Bust Silver Dollar varieties (Original vs Restrike) is depicted below in the example comparison image:
USA Coin Book estimated value of 1804 Draped Bust Silver Dollar (Second Reverse - Restrike - Class III Variety) (Proof coin) is worth $2,031,935 or more. Click here to learn how to use coin price charts. Also, click here to learn about grading coins. The Melt Value shown below is how valuable the coin's metal is worth (bare minimum value of coin). Click here to see the Melt Value of every US coin.
MELT VALUE: $13.09
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