The 1804 Silver Dollar
Estimate $8–10 Million
America’s most famous coin, the 1804 silver dollar, is the star lot in the most valuable coin collection in private hands due to be auctioned. The spectacular D. Brent Pogue collection is expected to make more than $200 million when it is sold by Sotheby’s and Stack’s Bowers Galleries across a series of seven auctions beginning on May 19 in New York.
This once in a lifetime series of sales contains no less than 20 coins estimated to achieve $1 million or more. The collection comprises 650 coins.
Over a 35 year period D. Brent Pogue, assisted by his father Mack Pogue, a noted real estate developer, pursued the rarest examples available on the market. The 1804 silver dollar is estimated at up to $10 million.
UPDATE: At the opening auction on May 19 just 125 US coins brought in $25.3 million. A small gold coin from 1808, called a Quarter Eagle and worth just $2.50 when it was minted, realized $2.35 million – a new world record for any coin of the quarter eagle denomination. It also became the most valuable 19th-century U.S. gold coin ever sold at auction. Six more offerings of coins from the D. Brent Pogue Collection will be brought to auction by Stacks Bowers Galleries and Sotheby’s in 2015, 2016, and 2017.