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Replies: 10 / Views: 1,439 |
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Pillar of the Community
United States
2207 Posts |
I was wondering why the 1804 dollar became known as the "king" of American coins. It wasn't even msde in 1804, and was manufactured simply to fill up a few proof sets and as give-aways to VIPs.
So where did this amazing reputation come from?
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Rest in Peace
United States
17900 Posts |
It's always been a price leader with full respect from the collecting fraternity and a fascinating history.
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Pillar of the Community
United States
745 Posts |
The rarest coins in the US were made with a shadowy past. The 1894S Barber dime, 1913 Liberty nickel, 1933 St. Gaudens double eagle
Tim Hughes
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Bedrock of the Community
13014 Posts |
Quote: So where did this amazing reputation come from? Rarity, high cost of acquisition. Not to mention the fact that bigger coins especially silver dollar sized are always the most popular
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Pillar of the Community
United States
1554 Posts |
Whatever one thinks of the 1804 dollars, the 'King of Siam' proof set would make a nifty display on my desk! 
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Bedrock of the Community
United States
20753 Posts |
Quote: So where did this amazing reputation come from? Remember popularity makes things worth more than rarity. As long as people keep mentioning the 1904 dollar, the more it becomes what you say it is.
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Bedrock of the Community
United States
17884 Posts |
Quote: Whatever one thinks of the 1804 dollars, the 'King of Siam' proof set would make a nifty display on my desk!
Except it doen't look like that anymore. As to how it got it's reputation, simple it was very rare and many fanciful stories rose up around it to try and explain it's rarity. The stories, rarity and speculation raised interest. The story about them being made for diplomatic presentaion was one of them but not widely considered valid until the nearly intact King of Siam set showed up in 1962 with a possible ownership pedigree that took it almost all the way back to the time of presentation.
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Pillar of the Community
United States
8715 Posts |
Quote: Whatever one thinks of the 1804 dollars, the 'King of Siam' proof set would make a nifty display on my desk! The set has been broken up and slabbed, doesn't look like the pic anymore.
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Bedrock of the Community
13014 Posts |
Quote:
The set has been broken up and slabbed, doesn't look like the pic anymore. Slabbed yes, but I believe the set is still together in the Tyrant collection
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Pillar of the Community
United States
1554 Posts |
If I owned the set, the coins would would be out of the TPG holders and back in the original case where they belong faster than you can hum "If I Had A Hammer"! 
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Bedrock of the Community
United States
17884 Posts |
I feel the same way, if I won the lottery that would be on my bucket list. Restore the KOS.
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Replies: 10 / Views: 1,439 |
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