The coin sale auction, which will be held at the Central States Numismatic Society by the Heritage Auction Galleries U.S. in the period between April 18 and 18, will most probably be remembered due to one single lot and that is the 1804 dollar.

 Heritage Auction Galleries will present Class I 1804 dollar which comes from the silver dollar[¹¹⁶⁴] collection of the Queller family.It is worth mentioning that overall 15 of such 1804 dollars are known. There are 8 Class I 1804 dollars, which means that these coins represent original strikes, issued in 1834-1835 in order to present proof sets. According to the catalogers from Heritage, three from those eight dollars can be viewed in museum collections. This means that there are five Class I 1804 dollars in the hands of private collectors. The minimum bid at the auction is $2.4 million, along with buyer's fee the bid reaches to $2.76 million.

This is the most expensive coin at the auction. Besides such extreme rarity, the auction will also provide some other pretty nice silver dollar pieces from the Queller family collection.

"The Queller family collection of silver dollars, 1794-1935 is the star. Only a very select few numismatists are ever lucky enough to actually own the singularly important 1804 dollar, and David Queller added to that his 1794 $1 (graded NGC AU-58); 1802 $1 (PCGS Proof-65 Cameo); 1870-S $1 (NGC XF-40); and 1853 $1 Restrike (NGC Proof-65)," said Heritage's President Greg Rohan.

"In addition to the Queller collection, we have tens of millions of dollars of numismatic rarities available from more than 400 consignors. This has the promise to be the largest Central States auction that Heritage has ever presented. I will mention the wide range of rarities included, from Colonial through double eagles," added Mr. Rohan.

Additional rarities at the auction will include an 1838-O half-dollar, issued to mark the opening of the New Orleans Mint. There are less than a dozen of such 1838-O half-dollars are known among the 20 struck, all issued to mark the opening of the U.S. Mint in New Orleans.

"These 1838-dated coins were actually minted early in 1839 in New Orleans, from one of the two die pairs received from Philadelphia," outlined Rohan.

There will also be one of the here famous Woodrow Wilson gold dollars minted in 1920 and graded NGC MS-62. This coin was minted to mark the opening of the Manila Mint, event occurred on July 16, 1920.

"The Wilson dollar was designed by George Morgan, who was the Mint's chief engraver in 1920," stated Heritage specialist Harvey Gamer.

The coin's obverse features a vibrant bust of President Wilson and the reverse illustrates Juno Moneta, who is kneeling with a youth.

"Befitting its special presentation status, this gold piece was struck at least three times – the evidence of the additional strikes is faintly visible on the date and other legends," stated Harvey Gamer.

Some examples of the rare coins to be presented at the auction include:

• 1792 half dime, PCGS AU-55.
• 1804 quarter, NGC MS-65, ex Col. Edward Howland Robinson Green.
• 1796 half dollar, 15 stars, PCGS AU-58.
• 1861-O Seated Liberty half dollar NGC Specimen-64, ex James A. Stack collection, Lot 494, sold by Stack’s in March 1975.
• 1892-O half dollar, NGC Specimen-66*.
• 1838 Gobrecht silver dollar, name omitted, Die Alignment IV, Judd-84 Restrike, Pollock-93, NGC Proof-65 NGC.
• 1893-S Morgan dollar, NGC MS-67.
• 1798 quarter eagle, close date, four berries, NGC MS-64.
• 1879 $4 Flowing Hair "Stella" pattern, NGC Proof-65.
• 1879 $4 Flowing Hair "Stella" pattern, PCGS Proof-64 Cameo.
• 1795 half eagle, NGC MS-63 Prooflike, sometimes called a small date variety, ex Harry W. Bass Jr. sale by Bowers and Merena in October 1999, Lot 715.
• 1795 half eagle, small eagle, NGC MS-64.
• 1820 half eagle, curl 2, large letters, PCGS MS-65; catalogers call this the finest known business strike of the BD-7 variety.
• 1899 proof half eagle, NGC Proof-68 Ultra Cameo.
• 1915-S half eagle, NGC MS-65.
• 1871-CC double eagle, NGC MS-64; catalogers called this the finest known 1871-CC Liberty double eagle, citing specialist David Akers.
• 1868 double eagle, NGC Proof-66 Cameo; catalogers said 25 proofs were struck, about 10-12 believed to survive.
• 1921 double eagle, PCGS MS-62.
• 1932 double eagle, PCGS MS-66, ex Phillip H. Morse collection sold by Heritage in November 2005, Lot 6714.

The catalogers mentioned that back in 200 was the last time that Class I 1804 dollar was put on auction. Back then the Dexter-Dunham piece was acquired for $1,840,000. They also said that in 1999 the Sultan of Muscat-Brand-Childs Class I 1804 dollar, which was graded PCGS Proof-68, gathered $4,140,000. This was a record price outrun only by the 1933 Double Eagle coin, acquired in 2002 for $7,590,020.

The catalogers at Heritage Auction Galleries U.S. wrote: "The Mickley-Hawn-Queller piece, as the pedigree on the NGC holder states, is superior to the Mint Cabinet specimen and the Cohen coin, but does not rate as highly as the Sultan of Muscat, King of Siam, Stickney, Dexter, or Parmelee examples. While this specimen is not the finest known 1804 dollar, the Class I issue is so rare and famous that the relative ranking of a particular survivor diminishes in importance."

Heritage Auction Galleries will also be presenting paper money for auction in an event that will take place at Central States. The auction will be highlighted by the wide collection of Tom Flynn. For additional information about the auction presented by Heritage, prices, color photos of various lots, visit the official site of Heritage: www.HA.com.