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<p>[QUOTE=&quot;DallasCoinsNThings, post: 3169407, member: 91532&quot;]I am no expert on U.S. Silver Dollars... and didn&#039;t put that on the coin... but...</p><p><br /></p><p>Since the 1804 Dollar wasn&#039;t actually minted in 1804, I&#039;m not sure how it is exactly determined which is the rarest Dollar.</p><p><br /></p><p>The 1895 only had 880 coins struck and still can be found.&nbsp; Also, they actually found their way into circulation, whereas the 1804 dated dollar did not.&nbsp; Same goes for the 1893-S Morgan, which is also rare, but more were minted.</p><p><br /></p><p>RARE in the sense of the word would be the 1895 by mintage.</p><p><br /></p><p>Here&#039;s what I found:</p><p><br /></p><p>The <b>1804 dollar</b> or <b>Bowed Liberty Dollar</b> was a <a href="https://en.wikipedia.org/wiki/Dollar_coin_(United_States)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Dollar_coin_(United_States)" rel="nofollow">dollar coin</a> struck by the <a href="https://en.wikipedia.org/wiki/United_States_Mint" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/United_States_Mint" rel="nofollow">Mint of the United States</a>, of which fifteen specimens are currently known to exist. Though dated 1804, none were struck in that year; all were minted in the 1830s or later. They were first created for use in special <a href="https://en.wikipedia.org/wiki/Proof_coinage" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Proof_coinage" rel="nofollow">proof coin</a> sets used as diplomatic gifts during <a href="https://en.wikipedia.org/wiki/Edmund_Roberts_(diplomat)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Edmund_Roberts_(diplomat)" rel="nofollow">Edmund Roberts</a>&#039; trips to <a href="https://en.wikipedia.org/wiki/Thailand" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Thailand" rel="nofollow">Siam</a> and <a href="https://en.wikipedia.org/wiki/Muscat_and_Oman" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Muscat_and_Oman" rel="nofollow">Muscat</a>.</p><p><br /></p><p>Edmund Roberts distributed the coins in 1834 and 1835. Two additional sets were ordered for government officials in Japan and <a href="https://en.wikipedia.org/wiki/Cochinchina" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Cochinchina" rel="nofollow">Cochinchina</a>, but Roberts died in <a href="https://en.wikipedia.org/wiki/Macau" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Macau" rel="nofollow">Macau</a> before they could be delivered. Besides those 1804 dollars produced for inclusion in the diplomatic sets, the Mint struck some examples which were used to trade with collectors for pieces desired for the Mint&#039;s coin cabinet. <a href="https://en.wikipedia.org/wiki/Numismatics" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Numismatics" rel="nofollow">Numismatists</a> first became aware of the 1804 dollar in 1842, when an illustration of one example appeared in a publication authored by two Mint employees. A collector subsequently acquired one example from the Mint in 1843. In response to numismatic demand, several examples were surreptitiously produced by Mint officials. Unlike the original coins, these later restrikes lacked the correct edge lettering, although later examples released from the Mint bore the correct lettering. The coins produced for the diplomatic mission, those struck surreptitiously without edge lettering and those with lettering are known collectively as &quot;Class I&quot;, &quot;Class II&quot; and &quot;Class III&quot; dollars, respectively.</p><p><br /></p><p>From their discovery by <a href="https://en.wikipedia.org/wiki/Numismatist_(specialist)" target="_blank" class="externalLink ProxyLink" data-proxy-href="https://en.wikipedia.org/wiki/Numismatist_(specialist)" rel="nofollow">numismatists</a>, 1804 dollars have commanded high prices. Auction prices reached $1,000 by 1885, and in the mid-twentieth century, the coins realized over $30,000. In 1999, a Class I example sold for $4.14 million, then the highest price paid for any coin. Their high value has caused 1804 dollars to be a frequent target of counterfeiting and other methods of deception.</p><p><br /></p><p>As for the 1895 Morgan Proof:</p><p><br /></p><p>The most famous Proof Morgan Dollar is without a doubt <a href="http://morgandollars.net/1895-proof-morgan-dollar/" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://morgandollars.net/1895-proof-morgan-dollar/" rel="nofollow">the 1895</a>. Even though Mint records indicate that 12,000 circulation strikes were made at the Philadelphia Mint none are known to exist, leaving the numismatic community with the extremely limited number of 880 proof pieces that were produced. This is neither an extremely high or low number among proofs, however because of the lack of business strikes, demand and premiums for the proof coins are high, especially for pieces that show pristine fields and cameo contrast. Once again there are also a number of circulated pieces known, which are still recognized as Proofs no matter what grade simply because no circulation strike has ever been identified of this date.[/QUOTE]</p><p><br /></p>

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