Long-Lost ‘King of American Coins’ Could Be Worth $5 Million, Auction House Says
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8 Articles
Long-lost ‘King of American Coins’ could be worth $5 million, auction house says
One of the most coveted, rare coins ever struck by the U.S. Mint – a long-lost 1804 dollar – is expected to sell for millions at auction Sunday, according to auctioneers at Stack's Bowers Galleries.
For decades, professional numismatists have only recorded 15 one-dollar coins from 1804, which are known as the "King of American Coins." Now, the long-lost 16th one-dollar coin has resurfaced.
Sometimes a single coin takes on a much greater value than the one it displays. Some become objects of fascination, others are symbols loaded with history. The 1804 dollar coin belongs to an even more rare category. Its classical appearance hides a chain of events that have transformed it into a true legend. From its unexpected creation to its record sales, it still captures all those who discover its history. A diplomatic birth that triggered e…
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