Mint to "restrike" 1804 Silver Dollars
CaptHenway
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https://www.usmint.gov/coins/coin-programs/semiquincentennial/?cm_mmc=ExactTarget--Campaign--20251006_SEMIQ_OctoberTeaser_PP-_-LearnMore_CTA&utm_source=Campaign&utm_medium=EMAIL&utm_content=LearnMore_CTA&utm_campaign=20251006_SEMIQ_OctoberTeaser_PP&cm_mmca1=Marketing&cm_mmca2=&cm_mmca3=&cc=SEMIQ
Numismatist. 50 year member ANA. Winner of four ANA Heath Literary Awards; three Wayte and Olga Raymond Literary Awards; Numismatist of the Year Award 2009, and Lifetime Achievement Award 2020. Author "The Enigmatic Lincoln Cents of 1922," due out late 2025.
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Comments
I don't care about the 1804 but those companion medals look very attractive.
chopmarkedtradedollars.com
My first thought is to do a dual coin pcgs holder with the 2024 proof flowing hair dollar along side this 1804 gold dollar. I’d definitely buy this coin.
As we approach America’s Semiquincentennial (SemiQ) anniversary in 2026, the Best of The Mint series continues with a coin steeped in myth, mystery, and prestige. Introducing the 4th release in the series—a remarkable 1 oz 99.99% fine gold reissue of the 1804 Dollar Coin —a coin often called the “King of American Coins.” Entire books have been written about this historic rarity, as one of the most legendary U.S. coins. The 1804 dollars were originally minted in 1834 for special diplomatic proof coin sets. They were sailed around the world and gifted to two rulers—the King of Siam and the Sultan of Oman. The rarity comes from the fact that only 8 coins are known to exist from the first strike with the first reverse die, while only 7 coins are known to exist from the second strike with the second reverse die.
Now for the first time, collectors across the country can own a modern tribute to this legendary coin—chosen by you—as one of America’s most coveted numismatic coins. The 1 oz silver companion medal to the legendary 1804 Silver Dollar draws inspiration from the coin’s elegant design and historic diplomatic mission.
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They should have struck these in silver and not gold. The mint is hell bent on bleeding collectors dry.
The average collector is priced out of this market.
No interest in this one, regardless of metal, nor in the companion medal.
They have a legal loophole to strike any coin they want IN GOLD. They cannot do the same in silver.
More junk.
I seriously hope the mint isn’t going to start creating ultra rarities every year… make 1,804 of these gold coins and then 99 of them with an eagle privy mark or something to sell at heritage auctions for $80,000 each
1/2 ounce spouse coin.
My first impression of the "companion" piece was that it's a nice design but on closer inspection it looks weird to me now with those clumpy things around Earth. What are those supposed to be? Clouds? Eagle droppings? Would have been better to leave those things encircling the Earth out methinks. The "clouds" totally covering South America and Africa are making the weirdness even more pronounced.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
I have no idea how small of a minority my view is. But when I’m used to seeing a classic coin (such as a 1916 Standing Liberty quarter or 1804 dollar) in its original silver format, I’m not a fan of modern versions struck in gold. I’d much prefer silver, instead.
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
I love the gold restrike but it's going to be priced way out of my reach.
I like the restrike idea. Honestly that is a way to get around legal technicalities such as certain mottos on every coin and there are some popular coins that cannot be remade any other way.
That thing is hideous. Both sides.
Safe to say, over 90% of collectors are pretty much priced out of coin reproductions made of gold from the Mint. Would the founding fathers have approved of this practice of the Mint making SILVER dollars out of gold? Gives the vast majority of the people even more reason to avoid US mint products. Can't say I'm impressed with the Mint these days.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
Most would be priced out of an actual 1804 silver dollar or 1907 high relief or a proof morgan dollar
I’m in for both gold and silver versions. I see a first day sellout. The gold 1804 will look fantastic next to the 2024 FH gold coin. To each his own but I’d bet it will be wildly popular.
I love these designs and I'll definitely pick up the silver. The gold version I'll have to see. If its $15K due to the price of gold I'll likely pass.
I think the only coin I would like to see in gold is the Bar cent.
May not be everybody's cup of tea but I give the obverse thumbs for sure.
Whoever is careless with the truth in small matters cannot be trusted with important matters.
I like the look of the gold coins. If there isn't a feeding frenzy to get one, I'll likely be in.
They are prettier than past offerings.
I hope the Mint goes back to producing exquisite Platinum coins such as in the recent past.
The U.S. Mint is authorized by legislation to produce special coins commemorating the nation’s 250th anniversary, known as the Semiquincentennial, which will take place in 2026. This legislation, notably the Semiquincentennial Commemorative Coin Act (S.2384), empowers the Secretary of the Treasury to mint various coins emblematic of the anniversary, including $25 gold coins, $2.50 silver coins, 25-cent clad coins, and proof silver coins. Each coin must display the years "1776-2026" and traditional inscriptions such as "Liberty," "In God We Trust," "United States of America," and "E Pluribus Unum".
The bill directs that these commemorative coins be issued only during the calendar year 2026 and requires that a surcharge from sales supports the America 250 Foundation for National Park restoration and interpretation projects. This framework ensures the coins are not only celebratory in nature but also contribute to legacy projects tied to American history.
Federal law traditionally forbids living individuals from appearing on U.S. currency and coins, a principle rooted in avoiding any suggestion of monarchy. However, the Semiquincentennial legislation provides flexibility for commemorative coin designs, which the U.S. Mint may interpret with some leeway.
Don't forget about the other 2026 "Best of the Mint" reproductions. I guess the 1907 $20 Saint companion medal has not been released, but the other medals look just like the ones Kellen shared with us back in July '24.
If we were all the same, the world would be an incredibly boring place.
Tommy
Totally depends on the pricing and the mintage. People also thought Superman would be wildly popular.
Popular subject. Attractive design. And a history of sell outs at other world mints.
And then the Mint burst the bubble and killed demand by thinking they could move 10K of them at a $2K per ounce premium to all time high spot gold. Still not sold out nearly 3 months since release.
So, as with everything else, "a first day sellout" will depend on how the Mint chooses to approach this. If, due to it being one of many as part of the Best of The Mint series in honor of America’s Semiquincentennial anniversary in 2026, they choose to either over price or over produce, there will be no first day sell out.
OTOH, if they are priced and produced in quantities similar to the 2024 FH gold and silver, then yeah, they will be popular and will sell out quickly. TBD, given where precious metals are now as compared to even a year ago.
No telling where they will be next year. If they go up another 50% from here, that's not going to make anything the Mint produces more accessible to anyone.
Can’t wait to see the 1943 Tribute Cent in Copper……..
I have never been a big follower of the modern mint releases but if the silver version isn't too dear I would give the dollar pictured serious consideration. James
Nice but I probably won't be spending my money on one of those.
Those silver designs are crazy.
I like the gold but not with them priced like that 😕
I didn’t see a price included. Where and at what price did you see them listed that caused you to say that?
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
Didn't, Just saw rhe above pix and liked the design of it 🙂
Note: I'm going by what the mint goes by as well
So “priced like that” was based on nothing in particular - got it.😉
Mark Feld* of Heritage Auctions*Unless otherwise noted, my posts here represent my personal opinions.
?
The mint must be going after revenues for next year-
150,000 silver coins at $120 = 18 million in revenues
10,000 coins at 5k each = 50 million in revenues
Either way the mint only wants to sell the most possible, as the top coins they are selling next year are all gold. The mint should have record revenues as a result and will probably be happy they did it.
The other side could say that only 10,000 possible people can own the coin vs. 150,000 if it was struck in silver.