The 1804 Draped Bust dollar has quite an interesting story behind it, which is part of what makes this an extremely valuable coin. The 1904 Draped Bust Dollar was actually specially struck as gifts for foreign dignitaries.
The Draped Bust dollar was actually only struck until 1803, but in 1834 new coins were struck for the diplomatic missions, and the date 1804 was chosen as they mistakenly thought that the final date of the Draped Bust dollar was 1804, when in fact it was 1803.
There are 8 of these coins known in existence, so it's no wonder that this is a valuable and highly sought after coin worth millions. In 2021, an PR68 graded coin sold for $7,680,000!
1804 Draped Bust Dollar - Image courtesy of the
National Numismatic Collection, National Museum of American History