Stacks Bowers to Offer Newly Discovered 1804 Dollar- WOW!!
LeeBone
Posts: 4,612 ✭✭✭✭✭
After the recent discovery of the 35 MS 89-CC Dollars (Desert Find), this is yet another simply amazing discovery in the Numismatic World.
Will be quite an item to see where it ends up.
Any guesses?
What an incredible piece 
Let the surprises keep coming!!
Check it out here....
https://stacksbowers.com/sbpressreleases/magnificent-unpublished-1804-dollar-highlights-james-a-stack-sr-collection/
3
Comments
https://forums.collectors.com/discussion/1115995/will-you-be-bidding-in-this-auction
Much better thread title here!
Nice, I'll be low bidder to 👍
Agreed. People really need to be more thoughtful with thread titles. Much easier to search and find relevant comment if threads don't have generic click bait titles and actually say what the thread is about.
http://ProofCollection.Net
Fantastic Link! Thank you!
$8mm today would have been approximately $650k in 1951. That's zero profit, just riding inflation. We will see if it was a good family plan or not.
Restrike. No interest at all on my part.
Where’s the “emphatically agree” button when I need it?😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Be careful of your thread titles folks
The posse's all saddled up
"Inspiration exists, but it has to find you working" Pablo Picasso
I have all the James A. Stack auction catalogs . He had some INCREDIBLE coins in his collection.
Not much is known about him compared to other collectors of his calibre .
From what little i have read ..
Not related to the Firm .
Was a Stock broker ?
Died in a 1951 Car accident ?
Was only actively collecting for about 20 years ?
Does anyone know if there is a list of all the coins. The article said there were a bunch of double eagles.
call stacks and see if they make auction catalogs for the current auctions eventually the coins for auction will be online
perhaps the newman numismatic portal has past auction catalogs
I agree with tradedollarnut. A later 1860s restrike or novodel much like the 1801-03 proof restrike Bust dollars or novodels. Worth perhaps 1/3rd the value of an “ original striking “ which itself is a fantasy , first struck in 1834 ! There are many forthcoming James Stack coins more desirable and perhaps more desirable.
I previously posted that I'm always interested in knowing more about these famous collectors. This is what I learned from the Stack's website.
James A. Stack, Sr., was no relation to the Stack dealership family. He was a widower who resided in the Hotel Roosevelt, East 45th Street and Vanderbilt Ave., just around the corner from Stack’s on West 46th Street. He was a broker and finished his day’s work at 3:00 each afternoon. He would visit Stack’s several times a week to see “what’s new” in our stock, view items in our upcoming auctions, and sit with my Uncle Joe or my father, Morton, to discuss coins.
In the 1940s and early 1950s Jim, as we all called him, formed one of the biggest collections of United Sates coins, U.S. paper money and English coins. Jim’s family immigrated to the United States in the late 19th century, and undoubtedly his sense of heritage attracted him to English coinage.
Jim, of course, also deeply loved the coins of the United States and pursued the classic American coins from 1793 to date in all metals – gold, silver, and copper. As he added to his holdings, he had vast collections to choose from as they came onto the market in the 1940s. It was a fact that many legendary collections formed during the late 19th and 20th centuries up to World War II, became available as either the old timers or their estates decided to sell them. The resulting “pickings” were great for collectors then active in the hobby.
Among these available collections were those of Geiss, Col. E.H.R. Green, J.F. Bell, F.C.C. Boyd, James Clark and numerous others. When Jim Stack died in 1949, the Stack collection was divided among his three children, with instructions that it remain intact until his youngest grandchild has turned 25. This directive ensured that none of his coins returned to the market until Stack’s Rare Coins (the predecessor of Stack’s Bowers Galleries) began auctioning portions of the collection in 1975. These landmark sales—held through the 1970s, 1980s, and 1990s—cemented the Stack name as a byword for rarity and quality among a generation of collectors.
Pretty good.
One edit: he passed away in 1951, not 1949.
Ron Guth wrote a cool article in 2017, tracing some of his coins.
https://web.archive.org/web/20171007033959/http://www.pcgsblog.com/ron-guth/news/rediscovering-the-james-a-stack-sr-collection
We discussed it at the time in this thread:
https://forums.collectors.com/discussion/988150/appreciating-james-a-stack
Very short bio:
James Aloysius Stack
Biography
Born in New York City. Attended New York University. Married Martha Agnes Clinton January 10, 1910. They had three children. Employed with Lincoln National Bank after 1901; with National Bank of Commerce 1908 to 1930. President of Seekunk Lace Company 1930 to 1951. He died in New York City.
Stack had a long term business relationship with the firm of Stack's. There was no family relationship. Coins from the Stack collection were included in sales conducted by Stack's March 13, 1975, and by Bowers and Ruddy April 23, 1979. More sales were conducted by Stack’s November 29, 1989, January 16, 1990, March 15, 1990, and October 19-20, 1994.
His 1894-S dime bought at the 1947 H. R. Lee collection sale was sold at auction by Stack's January 16-18, 1990. It realized $275,000. The paper money collection was sold at auction by Stack's March 15, 1990. Many pieces had been bought from the Grinnell collection.
https://nnp.wustl.edu/Library/PersonDetail/1835
Family tree of James Aloysius Stack 1887-1951:
This shows his youngest grandchild as of 1951 was born in 1950, which agrees with the first sale of his coins in 1975, when she turned 25.
https://www.familysearch.org/en/tree/person/details/L1W4-XSD
The article linked in the original post in this thread states:
The 1930 census record shows him living with his wife Helen and all 3 children at 1044 Grand Boulevard in the Bronx, with his parents living next door at 1050. His parents passed away in 1932 and 1935.
The 1940 census record shows him still living at 1044 with Helen and their daughter Gladys (age 26) who was a social worker.
His 1942 WW II draft record shows him living at the Hotel Roosevelt (45th and Madison Ave, midtown NYC, close to his work at 1359 Broadway). His wife was living at 1050 Grand Concourse in the Bronx (formerly his parents' home, street name changed from Grand Boulevard). So perhaps they were separated at that time.
One of the online articles describes him as a widower. Perhaps this was true after 1942; I did not find a death date for his wife.
A wonderful re-discovery, though I question the comment that in my lifetime 15 1804 Dollars have always been known. The King of Siam proof set only came to light in 1962. I did not subscribe to Coin World until 1967, but I was collecting coins in 1962.
(By coincidence, the very first issue of my CW subscription reported on the sale of an 1804 Dollar and other rarities at the ANA convention in Florida.)
Well that's one bidder above me who's out.
Remarkable that this new discovery is the only CAC-approved 1804 dollar.
Yes, it is a type 3 novodel, BUT it’s a beautiful and unmolested product of the US Mint.
Imho, this coin is going to bring moon money.
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!
I think they only accept real money.
If an 81-'S in the "right" plastic can garner $115 K I will not be overly shocked if an 1804 dollar of any type causes a bidding frenzy. James Who knows, maybe even the type collectors will get involved.
They were all restrikes in my eyes because none were struck in 1804.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
This is a very interesting “discovery”. The mint did many back dated coins in the late 1860s and 1870s. I am lucky to own 4 “novodel” Indian Head Cents that are listed as patterns that were struck in this era. This one would always be way out of my reach unless I win the lottery! That would be tough as I don’t play it.
You can certainly call them whatever you like. But the Class 1 examples couldn’t be “restrikes” without their first having been originals (which there weren’t). They therefore qualify as “novodels”.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
@MFeld that's the wording I was looking for. Coffee is still unmuddying my brain this am.
Successful BST with ad4400, Kccoin, lablover, pointfivezero, koynekwest, jwitten, coin22lover, HalfDimeDude, erwindoc, jyzskowsi, COINS MAKE CENTS, AlanSki, BryceM
There’s a huge difference between Class I and Class III. The ‘originals’ were minted for an official presentation set[s] in the normal course of US Mint business. The ‘Restrikes’ were minted surreptitiously after hours decades later for profit. My original 1804 was my all time favorite coin that I’ve owned - you couldn’t pay me to own a restrike.
I can certainly understand your preference, but when I recovered the DuPont Linderman Proof Class III I did enjoy its presence. I even had it in my shirt pocket for a few hours for safekeeping.
@CaptHenway , what would you grade the DuPont Linderman 1804? Wondering how the Stack coin or any other Class III might compare to it. Was thinking it was (or may still be) the best Class III.
"To Be Esteemed Be Useful" - 1792 Birch Cent --- "I personally think we developed language because of our deep need to complain." - Lily Tomlin
We never did get around to officially grading it. All I can say is that when I was first handed the coin my first thought was:
"Is the Franklin Mint making these now???"
All true, and points well taken. If I had the funds to swim in that pricey pool, I’d want the legitimacy and romance of the original novodel too - not a ty. II or III backdoor version.
But I think this terrific looking 1804 dollar will bring not much less than some hypothetical ‘equivalent’ grade Original would here in our 2025 market.
30+ years coin shop experience (ret.) Coins, bullion, currency, scrap & interesting folks. Loved every minute!
The newly discovered example has the best strike quality out of all known Class I and Class III examples. In terms of presentation quality and originality, the new specimen is notably exceptional.
"But seek ye first the kingdom of God and His righteousness and all these things shall be added unto you" Matthew 6:33. Young fellow suffering from Bust Half fever.
BHNC #AN-10
JRCS #1606
One of my Favorite proof sets,73 Barbados was done by the Franklin mint.
I updated my James A Stack biography post from yesterday to add some more details about where he was living in 1930, 1940 and 1942. The new stuff is right under the family tree image.
Put it in a rattler and put it on instagram. It’ll sell for more.
BHNC #248 … 130 and counting.
I was surprised that he was not related to the coin Stacks.