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The Class III 1804 silver dollar was from the estate of the prominent late collector D. Brent Pogue. It previously had been in a dozen other significant collections, including those of the Garrett family and Johns Hopkins University in Baltimore.
"This piece represents early United States history as they first came to international notice when a handful of Class I examples were included in special coin sets given as diplomatic gifts to heads of state by President Andrew Jackson during the 1830s," says Christian Briggs, founder and CEO of Hard Asset Management. "Our expert team has a proven track record in maximizing the value of our clients' wealth through active and intelligent hard asset management."
Edmund Roberts had been distributing coins to officials in Japan and Cochinchina. Two additional sets were ordered for government officials in Japan and Cochinchina, but Roberts died before they could be delivered. The Mint only produced 1804 dollars for the two sets. Beyond this, some examples of 1804 dollars were produced for trade with collectors for pieces desired for the Mint's coin cabinet. Numismatists first became aware of the 1804 dollar in 1842 when an illustration of one example appeared in a pub