Dollars in Sale
By Numismatic News
strike twice when it comes to 1804 silver
dollars and Central States Numismatic Society
Last year Heritage Auction Galleries sold the
1804 dollar from the Queller collection at the
CSNS show in suburban Chicago.
This year the Adams-Lyman-Carter-Flannagan
Specimen will headline Heritage's Platinum Night
during the 2009 CSNS convention slated for April
29 to May 2 in Cincinnati, Ohio
Last year's coin was one of eight Class I
This year's coin is one of six known Class III
pieces. It is graded AU-58 by the Professional
Coin Grading Service and Heritage says it is the
finest of the three examples not in museum
"No coin inspires such passion in collectors as
the 1804 dollar, known as the King of American
Coins," said Greg Rohan, president of Heritage.
"It's a thing of beauty, mystique and even
intrigue, and when one gets set to change hands
it's always a major event for the hobby."
The present specimen was purchased by Amon
Carter Sr., a Fort Worth, Texas, newspaper
magnate, for $3,250 in 1950.
It came on the market in a private treaty sale
brokered by Heritage in 2006. Then it sold for
What will it bring this year?
"Even in the present economy there's no reason
to expect that the coin won't be just as much in
demand this April," Rohan said.
Steadily rising prices have been noted in
previous sales, according to Heritage.
Before selling in 2006, it was purchased at an
auction in July 2003 for $1,207,500, then a
record price. In 2001 it sold for $874,000, when
Ohio business executive Phillip Flannagan sold
the coin to raise money for construction of a
Christian school near Cincinnati.
"The 1804 may be the star of the auction," said
Rohan, "but it's hardly the only amazing
numismatic rarity we'll be featuring during the
The Joseph C. Thomas Collection of more than 750
numismatic rarities with an estimated value of
$20 million to $25 million will be offered
For more information visit www.ha.com, or to
obtain a copy of the catalog, telephone Client
Services at (800) 872-6467, ext. 150.
What's next for Heritage, a Class II 1804 at the
2010 CSNS convention?