The only confusing thing I guess is the picture states "actual size" which is about twice the size of mine. I’m the Coin Editor here at TheFunTimesGuide. Now the eagle is more formal with the US shield on chest. 1795-1798. 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! These varieties can be classified into 3 major varieties regarding the styling of the 1799 date. $1,850.00. [17] In total, 85,634 dollars dated 1803 were struck. See how the rare coins of the Draped Bust Dollar Series have appreciated in value from the 1950s to today. 1799 saw the mintage of 423,000 Draped Bust silver dollars, a number that seems low to us now but was fairly high for the time, especially considering that dollar pieces were not all that common for everyday transactions. …Or, better yet, early American silver dollars? See how many Draped Bust dollar coins were made and what they're worth … Small Eagle Reverse . [3] It has been suggested that Philadelphia socialite Ann Willing Bingham posed as the model for the coin. Shop with confidence. Year: 1799. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. [14] The agreement reached with the Bank of the United States along with other bullion depositors (including Boudinot) led to an increase in the number of silver dollars coined;[14] mintage for both the small and heraldic eagle types totalled 327,536. 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. About 1802 $1 MS Draped Bust Dollars. 1800 Draped Bust Dollar VF NGC $1 Americai B-19 BB-192 R2 Variety Silver Fine. An eagle similar as the first is now within a wreath of olive and palm branches. Draped Bust silver dollars are early American coins made from 1795 through 1803. Scot’s Draped Bust, Heraldic Eagle Silver Dollar 1798-1804. Draped Bust Dollar (1795-1804) - Coins for sale on Collectors Corner, The Collectibles Marketplace, where you can buy safely from the world's top Coins dealers. These varieties can be classified into 3 major varieties regarding the styling of the 1799 date. Julian, however, places the beginning of production in either late September or early October 1795,[5] while Taxay asserts that the first new silver dollars were struck in October. Side Refine Panel. Noted scholar Walter Breen estimated that just 3 percent survive. Boudinot soon ordered that production of minor denominations be increased. Most coins will exhibit wear from circulation, although a few uncirculated pieces are known of every issue, most frequently for those dated 1800. [25] Several 1804 dollars were struck, and some were sold for personal profit on the part of Mint officials. 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 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! 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. However, the Draped Bust design attributed to Scot may have been, at least in part, inspired by a picture famous artist Gilbert Stuart drew of Bingham. However, the obverse has a strong date and, at $528.75, it represents an entry-level example of the Draped Bust dollar type. Draped Bust Dollar: Heraldic Eagle Variety 1798 to 1804. All the rest are counterfeits, and counterfeits are worth zero. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. Draped Bust Dollar: Heraldic Eagle Variety 1798 to 1804 Most of them are fakes, because genuine coins are so valuable. 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. It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Free shipping on many items | Browse your favorite brands | affordable prices. Virtually all identifiable 1797 dollars, even those with severe issues, have a general base price of at least $500. Also, click here to Learn About Grading Coins. [22] Roberts recommended that the dignitaries be given a set of proof coins. Price value from 1958 to 2015. Julian suggests that this was done to prevent coin collectors from being angered over the fact that they would be unable to obtain the newly dated coins. The design shows a draped bust of Liberty in profile facing right. 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. or Best Offer. I’ve contributed hundreds of articles for various coin publications including COINage, The Numismatist, Numismatic News, Coin Dealer Newsletter, Coin Values, and CoinWeek. [10] As de Saussure's resignation would not take effect until October, the president was given time to select a replacement.[9]. 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. The person chosen to fill the position was statesman and former congressman Elias Boudinot. C $3,026.99. [25] In the volume, several coins from the Mint's coin cabinet, including an 1804 dollar, were reproduced by tracing a pantograph stylus over an electrotype of the coins. or Best Offer. The American monetary system is based on the dollar — so what better coin can you collect than the silver dollar? [15] In November 1797, the Bank deposited approximately $30,000 worth of French silver. Metal: 89% Silver 11% Copper. 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. See how many Draped Bust dollar coins were made and what they're worth … 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. or Best Offer. Currency / value. It is unknown why the current date was not used, but R.W. About Draped Bust Dollars. or Best Offer. Coinage began on the first United States silver dollar, known as the Flowing Hair dollar, in 1794 following the construction and staffing of the Philadelphia Mint. Nope. Circulated Draped Bust silver dollars are far more common than uncirculated examples. The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. [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. Year: 1806. In 1804 production of the denomination was halted, only to make an unusual come back in 1834 when the famous 1804 Silver Dollars were minted. They were first created for use in special proof coin sets used as diplomatic gifts during Edmund Roberts' trips to Siam and Muscat. (I agree with the $50 post. Free shipping. [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. Draped Bust Half Dollar Price Guide. 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. Selling old coins like Draped Bust dollars will draw buying coin collectors to swirl around your coin like hungry sharks! It is worth noting that the 1798/7 overdate is the first in the Draped Bust series. Show Catalog Details There are a few rare Draped Bust dollars dated 1804. All of the variety with the small eagle reverse are scarce and desirable. I primarily collect and study U.S. coins produced during the 20th century. The first, for copper coins, features the value of the coin half cent or one cent) surrounded by a wreath or vine. [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. My love for coins began when I was 11 years old. 1804 Bust Dollar with "copy" stamp - Worth anything. [24][26], By the end of the 19th century, the 1804 dollar had become the most famous and widely discussed of all American coins. Diameter: 39-40 mm . [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. Bullion deposits continued to decline, and in 1797, silver dollar production reached the lowest point since 1794 with a mintage of just 7,776 pieces. [13] In April 1797, an agreement was reached between the Mint and the Bank of the United States. If it is a coin you want you did fine. Worth - USA 1 dollar 1795-1798, Draped Bust Dollar in the coin catalog at uCoin.net - International Catalog of World Coins. A limited number of 1804 dollars were struck by the Mint in later years, and they remain rare and valuable. Coins Tagged With: Dollar Coins, Rare Coins, Silver Coins. The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. [21] In 1834, Edmund Roberts was selected as an American commercial representative to Asia, including the kingdoms of Muscat and Siam. This page addresses counterfeit dollars between 1798 and 1804. [14] In early 1798, the reverse was changed from the small, perched eagle to a heraldic eagle similar to that depicted on the Great Seal of the United States. There are numerous varieties of the 1799 Draped Bust Silver Dollar - even more than are listed here. [9] In response to de Saussure's letter, Washington expressed his displeasure in the resignation, stating that he had viewed de Saussure's tenure with "entire satisfaction". [7] After the plaster models were created, the engravers of the Philadelphia Mint (including Scot) began creating hubs that would be used to make dies for the new coins. [25], Most coin collectors became aware of the 1804 dollar in 1842, when Jacob R. Eckfeldt (son of Adam Eckfeldt) and William E. Du Bois published a book entitled A Manual of Gold and Silver Coins of All Nations, Struck Within the Past Century. [28] Seven years later, on November 27, 1874, a specimen sold for $700 ($15,818 today). The low point came in 1797, when a mere 7,776 were produced. Draped Bust silver dollars are early American coins made from 1795 through 1803. 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 designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. 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 $49 … 1796 Draped Bust Small Eagle Silver Dollar (G-4 Condition) The blue line above charts the percent increase in value of the 1796 Draped Bust Small Eagle Silver Dollar since Year 2000. [5], After approval was received, the designs were sent to artist John Eckstein to be rendered into plaster models;[5] during that time, plaster models were used as a guide to cutting the dies, which was done by hand. ... Mintage, Worth: Year Mintage Value, USD; Unc BU Proof; 1798: 327.536---1798 +---1797 + +--1797: 7.776--$ 3,036.69: 1796: 72.920 +-$ 7,280.09: 1795 + +-$ 4,531.96: Tags: Liberty USA. Bust dollars are popular early American coins, and many collectors and dealers specialize in this area of the hobby. 1803 Draped Bust dollar reverse. [28] In the early 20th century, coin dealer B. Max Mehl began marketing the 1804 dollar as the "King of American Coins". Value of 1799 BB-167 Draped Bust Silver Dollar. Bust dollars are popular early American coins, and many collectors and dealers specialize in this area of the hobby. In the lower grades $100-$125. (the gold coins didn't have the denominations on the edge either.) The supposed first emission is BB-51, on which the portrait is noticeably offset to the left. Get the best deals on Draped Bust US Early Dollar Coins 1794-1804 when you shop the largest online selection at eBay.com. [25] Following Roberts' death, the remaining two sets were returned to the Mint without being presented to the dignitaries. 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. There are a few rare Draped Bust dollars dated 1804. USA Coin Book Estimated Value of 1800 Draped Bust Silver Dollar (All Varieties) is Worth $1,174 in Average Condition and can be Worth $26,054 or more in Uncirculated (MS+) Mint Condition. The 1801 Draped Bust Large Eagle Silver Dollar is representative of the Heraldic Eagle type. A draped gown was added and stars and legend remain surrounding the rim. Draped Bust Dollar The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. This is even lower than the lower grades, $80 is about right. Adjustment marks, applied by the Mint before striking, are often seen, but usually do not detract from the value. "Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. 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 … 1799 PCGS Draped Bust Dollar XF 40 ** Tough Collector Type Coin, Free Shipping! Copyright © 2004-2021 The Fun Times Guide | Privacy Policy | About | Contact | Sitemap, Images of America: The United States Mint in Philadelphia. Most of them are fakes, because genuine coins are so valuable. 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. It’s just a guide, all price guides are just that, and none reflect the actual value of a particular coin date, mint and grade. In 1795-1797, a scrawny, naturalistic bald eagle was depicted on the reverse side of all silver coins. C $2,311.67. Seven six-pointed stars are to the left and six are to the right. 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. [22] Unknown to either of them, the last production in March 1804 was actually dated 1803. [19] Mintage of the 1803 dollar continued until March 1804, when production of silver dollars ceased entirely. The history of the 1801 dollar reflects the difficulties of … Show Catalog Details . [9] This, together with Boudinot's increased focus on smaller denominations, as well as a lull in private bullion deposits (the fledgling Mint's only source of bullion), caused a decrease in silver dollar production in 1796. These are large, heavy, silver coins that run from 1798 to 1804. Only about 450,000 Draped Bust/Small Eagle dollars were issued in the four years combined, nearly three-fourths of them in 1798. 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). The Coinage Act of 1792 called for the silver coinage to be struck in an alloy consisting of 89.2% silver and 10.8% copper. 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. C $5,407.69. What is a 1803 one cent worth? The rarity was created three decades later in 1834 when the U.S. Department of State ordered special coin sets for presentation as diplomatic gifts. The red line does the same for our Rare Coin Values Index, which is based on the performance of 87 rare US coins, which were selected to represent the spectrum of scarce United States coins. I'm the Coin Editor here at TheFunTimesGuide. Type: Draped Bust Half Dollar. Free shipping. 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 … [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. C $5,202.70. [4] It is also possible that the Flowing Hair design was discontinued owing to much public disapproval. However, the obverse has a strong date and, at $528.75, it represents an entry-level example of the Draped Bust dollar type. Draped bust dollar value using historic charts that are easy to read. Yes, the early American silver dollars (those made from 1794 to 1803) are truly historic in that they represent the basis of early American money. 22 watchers. Shop by Category. Thirteen arrows are in the right claw and olive branch in left. There are only 15 genuine 1804 dollar coins known to exist. 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. 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. [2] During the second year of production of the Flowing Hair dollar, it was decided that the denomination would be redesigned. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint. Uncirculated specimens cost around $65,000 or more. [16] Mintage numbers for the dollar remained high through 1799, with 423,515 struck that year. [29] The coins continued to gain popularity throughout the 20th century, and the price reached an all-time high in 1999, when an example graded Proof-68 was sold at auction for $4,140,000. [13] The total mintage for 1796 was 79,920,[12] which amounts to an approximate 62% reduction from the previous year's total. Click here to Learn How to use Coin Price Charts. Mint reports from 1804 show a delivery figure of 19,570 Silver Dollars, but numismatists believe these … [22] Since they believed that the last striking was dated 1804, it was decided to strike the presentation pieces with that date as well. [24] Roberts left for his trip in April 1835, and he presented one set each to the Sultan of Muscat and the King of Siam. Here at TheFunTimesGuide, and many collectors and dealers specialize in this area of the 1799 date proof.. * * Tough Collector type coin, free shipping just 3 percent survive, draped bust dollar worth many collectors and dealers in. 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