[14] The Mint was closed between August and November 1797 due to the annual yellow fever epidemic in Philadelphia; that year's epidemic took the life of the Mint's treasurer, Dr. Nicholas Way. Uncirculated specimens cost around $65,000 or more. The Draped Bust, Heraldic Eagle sliver dollar was made from 1798 to 1804. There are dozens of design varieties which keep die-hard Draped Bust silver dollar collectors busy. Find great deals on eBay for draped bust dollar. Click the button below for catalog-specific information about this item. The supposed first emission is BB-51, on which the portrait is noticeably offset to the left. [20], In 1831, Mint Director Samuel Moore filed a request through the Treasury asking president Andrew Jackson to once again allow the coinage of silver dollars; the request was approved on April 18. Bust dollars, also otherwise known as early dollars, refer collectively to the Flowing Hair dollar struck in 1794 and 1795 as well as the Draped Bust dollar, which was produced from 1795 through 1804. Only 15 known and all have been studied for 150 years and all have been discovered, if you think you have an 1804 Draped Bust Dollar it's more than likely fake since it's one of the most counterfeited Draped Bust Dollars. There are numerous varieties of the 1799 Draped Bust Silver Dollar - even more than are listed here. Officials mistakenly believed that dollars had last been minted with the date 1804, prompting them to use that date rather than the date in which the coins were actually struck. I’m a member of the American Numismatic Association (ANA) and the Numismatic Literary Guild (NLG) and have won multiple awards from the NLG for my work as a coin journalist. My love for coins began when I was 11 years old. 1800 Draped Bust Dollar, PCGS Genuine - Damage - VF Details. [14] The Bank agreed to supply the Mint with foreign silver on the condition that the Bank would receive their deposits back in silver dollars. It shows cost is 17.95. 1799 PCGS Draped Bust Dollar XF 40 ** Tough Collector Type Coin, Free Shipping! The new obverse design shows a robust profile of Miss Liberty.eval(ez_write_tag([[300,250],'thefuntimesguide_com-box-3','ezslot_2',699,'0','0'])); For the first few years of the Draped Bust design, the reverse design — that of a small eagle — remained unchanged from the Flowing Hair silver dollar era. Value of 1799 BB-167 Draped Bust Silver Dollar. [25] In May 1843, numismatist Matthew A. Stickney was able to obtain an 1804 dollar from the Mint's coin cabinet by trading a rare pre-federal United States gold coin. [16] Mintage numbers for the dollar remained high through 1799, with 423,515 struck that year. [23] Though the minting of dollars had been approved in 1831, none had been struck since 1804. Scot’s Draped Bust, Heraldic Eagle Silver Dollar 1798-1804. The first is the 1799/8 Overdate featuring a 1799 date struck over an 1798 date which resulted in the last 9 over an 8. half dimes didn't have the value on them until 1829, dimes in 1809, quarters in 1804, half dollars had it on the edge, but the 1796 & 97 had 1/2 on the reverse, didn't appear regularly on the rev until 1807. dollars were edge only until 1836, quarter eagles in 1808, half eagles in 1807, and eagles in 1838. Type: Draped Bust Half Dollar. C $5,202.70. Type: Draped Bust Half Dollar Year: 1806 Mint Mark: No mint mark Face Value: 0.50 USD Total Produced: 839,000 [ Silver Content: 90% Silver Weight: 0.3617 oz. Side Refine Panel. About 1802 $1 MS Draped Bust Dollars. [25] The gift to the Sultan of Muscat was part of an exchange of diplomatic gifts that resulted in the Sultan presenting the Washington Zoo with a full-grown lion and lioness. [5] R.W. [5], After approval was received, the designs were sent to artist John Eckstein to be rendered into plaster models;[5] during that time, plaster models were used as a guide to cutting the dies, which was done by hand. "Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Most of them are fakes, because genuine coins are so valuable. [1] However, Mint officials were reluctant to strike coins with the unusual fineness, so it was decided to strike them in an unauthorized alloy of 90% silver instead. Year: 1799. Top Rated Seller Top Rated Seller. (100 over 000 variety) Value, specifications, and images for 1803 draped bust large cent coins from the United States of America The 1801 Draped Bust Large Eagle Silver Dollar is representative of the Heraldic Eagle type. This is even lower than the lower grades, $80 is about right. [24][26], By the end of the 19th century, the 1804 dollar had become the most famous and widely discussed of all American coins. The history of the 1801 dollar reflects the difficulties of … In the lower grades $100-$125. Coins. I have this coin and I looked it up on the rare coin sites. Price Guide. The 1804 dollar or Bowed Liberty Dollar was a dollar coin struck by the Mint of the United States, of which fifteen specimens are currently known to exist.Though dated 1804, none were struck in that year; all were minted in the 1830s or later. Due largely to a decrease in the amount of silver deposited at the Philadelphia Mint, coinage of silver dollars declined throughout the latter years of the 18th century. [22] The State Department ordered two sets of "specimens of each kind [of coins] now in use, whether of gold, silver, or copper". However, the obverse has a strong date and, at $528.75, it represents an entry-level example of the Draped Bust dollar type. I’m the Coin Editor here at TheFunTimesGuide. [11] It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Draped Bust Half Dollar Value By Date: Note: The Draped Bust Half Dollar values listed in this chart is based on an average of what they’ve sold for and not what your coin might sell for. 1799 PCGS Draped Bust Dollar XF 40 ** Tough Collector Type Coin, Free Shipping! Only 15 known and all have been studied for 150 years and all have been discovered, if you think you have an 1804 Draped Bust Dollar it's more than likely fake since it's one of the most counterfeited Draped Bust Dollars. Value: $1,057,500 Grade: PCGS SP-66 Sold: May 2016; Stack's/Bowers, The D. Brent Pogue Collection, Part IV, Sotheby's, New York, NY. How much are my U.S. 1802 $1 business strike dollar worth? [22] Soon, Roberts' trip was expanded to Indo-China (then known as Annam) and Japan, so two additional sets were struck. [17], Toward the end of the 18th century, many of the silver dollars produced by the Mint were shipped to and circulated or melted in China in order to satisfy the great demand for silver bullion in that nation. About Draped Bust Dollars. 1804 Bust Dollar with "copy" stamp - Worth anything. Virtually all identifiable 1797 dollars, even those with severe issues, have a general base price of at least $500. [19] Production dropped to 54,454 silver dollars in 1801 and 41,650 in 1802, after Boudinot was able to convince many depositors to accept their silver in the form of small denominations. [26] One such coin, which Snowden later added to the Mint cabinet, was struck over an 1857 shooting thaler and became known as Class II, the only such piece of that type known to exist today. No post about the Draped Bust silver dollar would be complete without a note about the 1804 Draped Bust silver dollar. I primarily collect and study U.S. coins produced during the 20th century. The rarest variety is the 1797 dollar with 9 stars to Liberty’s left, 7 to her right and small letters in the reverse legend. or Best Offer. A draped gown was added and stars and legend remain surrounding the rim. I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. [3] It is unknown what prompted this change or who suggested it, though numismatic historian R.W. It is generally believed that Anne Willing Bingham was the model for the Draped Bust design — which appeared not just on the silver dollar but also on these other U.S. coins from the 1790s through mid 1800s: Bingham was a friend of some major politicians of the time, including George Washington and Thomas Jefferson — and she was the daughter of Thomas Willing, president of the First Bank of the United States!eval(ez_write_tag([[300,250],'thefuntimesguide_com-medrectangle-4','ezslot_4',800,'0','0'])); Though a little over 1 million Draped Bust silver dollars were made for circulation from 1795 through 1803, not nearly that many survive today. (the gold coins didn't have the denominations on the edge either.) Bust Half Dollar Value 1794 to 1839 Condition of Coin; Date Good Fine Extremely Fine Mint State Bust Half Dollar Value Updated 2021 Flowing Hair Type 1794-1795 $847 $1,270 $3,771 $26,450 Draped Bust 1796-1807 $143 $285 $793 $4,412 Capped Bust 1807-1839 $49 … [25] Due to an increase in the demand for rare coins, Mint officials, including Director Snowden, began minting an increasing number of coin restrikes in the 1850s. [28] In the early 20th century, coin dealer B. Max Mehl began marketing the 1804 dollar as the "King of American Coins". The person chosen to fill the position was statesman and former congressman Elias Boudinot. The design shows a draped bust of Liberty in profile facing right. [22] Since they believed that the last striking was dated 1804, it was decided to strike the presentation pieces with that date as well. 11 watchers. [21] In 1834, Edmund Roberts was selected as an American commercial representative to Asia, including the kingdoms of Muscat and Siam. This coin must have been specially made at the United States Mint as evidenced by its mirror-like reflective fields. Mint reports from 1804 show a delivery figure of 19,570 Silver Dollars, but numismatists believe these … Shop by Category. Value 1.00 U.S. dollars Mass 26.96 g Diameter 39–40 mm Edge Lettered Years of minting 1795–1804. 1803 United States one cent value. Upon assuming his duties at the Mint on October 28, Boudinot was informed of the silver standard that had been used since the first official silver coins were struck. Though any Draped Bust dollar that hasn’t been cleaned, has nice color, no holes, and is without serious damage is a true treasure and often considered to be among the rare U.S. coins. Obverse: Two raised die flaws in field, or “tears,” before eye, one very clear.The smaller is in the field close to and opposite to the … The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. [5] Eckstein, who was dismissed by Walter Breen as a "local artistic hack"[6] and described by a contemporary artist as a "thorough-going drudge"[5] due to his willingness to carry out most painting or sculptural tasks at the request of clients, was paid thirty dollars for his work preparing models for both the obverse Liberty and reverse eagle and wreath. or Best Offer. 1801 Draped Bust Dime: $750; 1798 large 8: $725; 1800 Draped Bust Dime: $700; 1803 Draped Bust Dime: $675; 1872-CC Liberty Seated Dime: $650; 1805 Draped Bust Dime: $625; 1807 Draped Bust Dime: $575; 1885-S Liberty Seated Dime: $475; 1895-O Barber Dime: $385; What to do if you Find a Million Dollar Dime or Coin Later, assayer Albian Cox died suddenly from a stroke in his home on November 27, 1795, leaving the vital post of assayer vacant. From United States +C $22.36 shipping. Worth - USA 1 dollar 1795-1798, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. Robert Scot was the man behind the Draped Bust silver dollar. CoinTrackers.com has estimated the 1806 Draped Bust Half Dollar value at an average of $175, one in certified mint state (MS+) could be worth $15,000. Let’s look at the values of each basic date (without accounting for the numerous varieties): *Values are based on approximate retail prices for Draped Bust Dollars in Good-4 grade. 1796 Draped Bust Small Eagle Silver Dollar (G-4 Condition) The blue line above charts the percent increase in value of the 1796 Draped Bust Small Eagle Silver Dollar since Year 2000. (I agree with the $50 post. I’ve also authored nearly 1,000 articles here at The Fun Times Guide to Coins (many of them with over 50K shares), and I welcome your coin questions in the comments below! Most Draped Bust Dollars will show weakness in one or more spots, in particular the centers of both sides and the obverse stars. Seven six-pointed stars are to the left and six are to the right. 1801 Draped Bust Dime: $750; 1798 large 8: $725; 1800 Draped Bust Dime: $700; 1803 Draped Bust Dime: $675; 1872-CC Liberty Seated Dime: $650; 1805 Draped Bust Dime: $625; 1807 Draped Bust Dime: $575; 1885-S Liberty Seated Dime: $475; 1895-O Barber Dime: $385; What to do if you Find a Million Dollar Dime or Coin [22] After consulting with Chief Coiner Adam Eckfeldt (who had worked at the Mint since its opening in 1792), Moore determined that the last silver dollars struck were dated 1804. There are only 15 genuine 1804 dollar coins known to exist. Date Mintage PR58 PR62. Above is LIBERTY, and below is the date. Last Update: 01-08 08:02 PM EST. [17] Following a formal request from the Bank of the United States, Secretary of State James Madison officially suspended silver dollar and gold eagle production in 1806, although minting of both had ended two years earlier. In October 1795, newly appointed Mint Director Elias Boudinot ordered that the legal fineness of 0.892 (89.2%) silver be used for the dollar rather than the unauthorized fineness of 0.900 (90%) silver that had been used since the denomination was first minted in 1794. The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. [17] In total, 85,634 dollars dated 1803 were struck. $1,850.00. I’m also the editor at CDN Publishing (a trusted source for the price of U.S. rare coins), editor at the Florida United Numismatists Club (FUN Topics magazine), and author of Images of America: The United States Mint in Philadelphia (a book that explores the colorful history of the Philadelphia Mint). Also, click here to Learn About Grading Coins. [3], Though the designer of the coin is unknown, artist Gilbert Stuart is widely acknowledged to have been its creator;[3] Mint Director James Ross Snowden began researching the early history of the United States Mint and its coinage in the 1850s, during which time he interviewed descendants of Stuart who claimed that their ancestor was the designer. See how many Draped Bust dollar coins were made and what they're worth … An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. Draped Bust silver dollars are early American coins made from 1795 through 1803. Noted scholar Walter Breen estimated that just 3 percent survive. Draped Bust Variety Half Dollar: 1796 to 1807 In 1796 Liberty was redesigned, now her hair is still loose with the addition of two side waves drawn and tied at back with a … Draped Bust silver dollars are early American coins made from 1795 through 1803. [27] In 1867, one of the original 1804 dollars was sold at auction for $750 ($13,720 today). The Melt Value shown below is how Valuable the Coin's Metal is Worth (bare minimum value of coin). Only about 450,000 Draped Bust/Small Eagle dollars were issued in the four years combined, nearly three-fourths of them in 1798. C $3,026.99. However, the obverse has a strong date and, at $528.75, it represents an entry-level example of the Draped Bust dollar type. [24], United States dollar coin minted from 1795 to 1803, https://en.wikipedia.org/w/index.php?title=Draped_Bust_dollar&oldid=986473927, Creative Commons Attribution-ShareAlike License, This page was last edited on 1 November 2020, at 02:34. Most were melted down, damaged, and lost to the hands of time.eval(ez_write_tag([[300,250],'thefuntimesguide_com-box-4','ezslot_3',810,'0','0'])); In fact, numismatic icon Walter Breen had once suggested that only 3% percent may still exist. 1800 Draped Bust Dollar VF NGC $1 Americai B-19 BB-192 R2 Variety Silver Fine. [17] Although silver bullion deposits at the Mint had increased, Boudinot attempted to end silver dollar production in 1803, favoring half dollars instead. Worth - USA 1 dollar 1798-1804, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. Here’s a list of varieties for Draped Bust Dollar and the 1795 through 1798 are the most valuable, but Draped Bust Dollar Value for the varieties doesn’t make much difference in the lower grades. Filed Under: Hobbies & Crafts, Rare U.S. I've contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. In 1804, coinage of silver dollars was halted; the last date used during regular mint production was 1803. [2] This caused depositors of silver to lose money when their metal was coined. Type: Draped Bust Dollar Year: 1796 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 79,000 [ Silver Content: 90% Silver Weight:.7735 oz. Auction Prices Realized; CoinFacts; Photograde; Population; Price Guide; US; Half Dollars; Draped Bust Half Dollar (1796-1807) Shop at: APMEX David Lawrence L&C Coins eBay U.S. Year: 1806. [9] In his letter, de Saussure mentioned the unauthorized silver standard and suggested that Congress be urged to make the standard official, but this was not done. In 1798, the U.S. Mint redesigned the reverse of the Draped Bust silver dollar, replacing the small eagle with a stately heraldic eagle. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint. The 1804 Draped Bust Silver Dollar is a famous rarity and one of the most storied coins within American numismatics.While Mint records indicate that silver dollars were struck and released for circulation in 1804, none of these were dated that year. ... Mintage, Worth: Year Mintage Value, USD; Unc BU Proof; 1804-+ + $ 14.14: 1803: 85.634 +--1802 +---1801: 54.454---1800: 220.920 +-$ 1,050.50: 1799 + +-$ 11,168.16: 1798: 423.515 +--Tags: USA copy. [17] In 1801, following complaints from the public and members of Congress regarding the lack of small change in circulation, Boudinot began requesting that silver depositors receive smaller denominations rather than the routinely requested silver dollars, in an effort to supply the nation with more small change. [19] Mintage of the 1803 dollar continued until March 1804, when production of silver dollars ceased entirely. Boudinot soon ordered that production of minor denominations be increased. C $2,311.67. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. E S G p F o n 0 Q M L s o r e E D d 1 L. 1802/1 Draped Bust Silver Dollar $1 Coin - Certified NGC VF Details - Rare! or Best Offer. By most estimates, 1804 dollars, on the rare occasions they do appear at auction, are worth somewhere in the neighborhood of $2 million to $7 million depending on the individual specimen and the ever-changing conditions of the marketplace. Draped Bust US Early Dollar Coins 1794-1804; Skip to page navigation. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. Draped Bust Dollar: Heraldic Eagle Variety 1798 to 1804 Most of them are fakes, because genuine coins are so valuable. Metal: 89% Silver 11% Copper. Indeed, 1799 is the largest mintage for the Draped Bust dollar. N O Q S M Q P D O V D K 7 N M S O R E D. 1799 NGC VF $1 Draped Bust Heraldic Eagle Dollar. All are rare and never bore collectors when the conversation arises. [12] During this time, silver deposits declined to such an extent that Thomas Jefferson personally deposited 300 Spanish dollars in June 1797. rare coins at online auction Land of Coins. [4] It is also possible that the Flowing Hair design was discontinued owing to much public disapproval. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. In later years, and counterfeits are worth zero for the coin sets for presentation diplomatic. Rare U.S the Flowing Hair and Draped Bust silver Dollar ( Heraldic Eagle sliver Dollar was from! De Saussure wrote his resignation letter to President Washington halted ; the last production in 1804... The second year of production of silver dollars are early American silver dollars are more..., it was decided that the 1798/7 Overdate is the 1799/8 Overdate a. 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Coins 1794-1804 ; Skip to page navigation pieces with edge lettering applied after striking became known as Class dollars! 1795, de Saussure wrote his resignation letter to President Washington ceased.. Hobbies & Crafts, rare U.S coins draped bust dollar worth when i was 11 years....