[22] The pieces struck under the auspices of the Mint are known as Class I 1804 dollars, and eight of that type are known to exist today. The 1800 Draped Bust Dollar (Buy on eBay) turned the page on the century with a mintage of 220,920 coins.The design continued to feature Liberty on the obverse and a heraldic eagle on the reverse, both credited to Robert Scot, although initially based on a sketch by Gilbert Stuart. Q. David Bowers (edited and updated by Mike Sherman): The 1795 Draped Bust dollar represents the initial appearance of this design in American coinage. [23] Though the minting of dollars had been approved in 1831, none had been struck since 1804. The second silver dollar design from the United States Mint was known as the Draped Bust Dollar. 1800 Draped Bust dollars are scarcer than their counterparts from 1798 and 1799 but still see active trading. Copper - 10%. Current silver melt value* for a 1800 No mint mark is $19.23 and this price is based off the current silver spot price of $24.86 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value. [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. [12] Boudinot soon ordered that production of minor denominations be increased. 1800 bb193 draped bust large eagle dollar formerly old anacs vf25 now ngc 1798 LARGE EAGLE $1 PCGS AU53 EX: D.L. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. While United States Mint records indicates production of 19,570 Draped Bust silver dollars in 1804, there is no evidence that these coins bear the 1804 date. Silver Melt: $21.08 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1018, while one in certified mint state (MS+) condition could bring as much as $30,506 at auction. Most people will never even SEE one of these original coins, let alone own one. [26] Six pieces with edge lettering applied after striking became known as Class III dollars. Denver Location (303) 777-4653 538 S Broadway Denver, … [25] Following Roberts' death, the remaining two sets were returned to the Mint without being presented to the dignitaries. Another major variety of the 1800 Draped Bust Silver Dollar features 10 arrows on the reverse of the coin. Both si This Dollar has the catalog numbers: Bowers Borckardt-186, Bolender-4, or Haseltine-4. [10] As de Saussure's resignation would not take effect until October, the president was given time to select a replacement.[9]. R.W. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. Two major varieties are found on the 1795 Draped Bust Dollar - one with the bust of Liberty well-centered on the coin, and another with the bust placed too far to the left. Make Offer - 1800 Draped Bust Silver Dollar $1 Coin ( BB-193, B-19, Rarity-4) - NGC VF Detail American Coin Treasure 1800s Morgan Silver Dollar Pocket Watch C $132.84 [3] It is unknown what prompted this change or who suggested it, though numismatic historian R.W. Want to join CoinTrackers and Track Your Coins 100% FREE? or Best Offer. CoinTrackers.com has estimated the 1800 Draped Bust Dollar value at an average of $1025, one in certified mint state (MS+) could be worth $33,273. This coin in poor condition is still worth $1005.77 more than the intrinsic value from silver content of $19.23, this coin is thus more valuable to a collector than to a silver bug. Want more info? Currently Out of Stock. In 1798, the U.S. Mint redesigned the reverse of the Draped Bust silver dollar, replacing the small eagle with a stately heraldic eagle. 1800 draped bust americai $1 silver dollar graded pcgs au detail 1800 DRAPED BUST DOLLAR PCGS FINE DETAILS Disclaimer: While a tremendous amount of effort goes into ensuring the accuracy of the information contained in this site, Coin Community assumes no liability for errors. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. [4] It is also possible that the Flowing Hair design was discontinued owing to much public disapproval. In September 1795, de Saussure wrote his resignation letter to President Washington. There are only 15 genuine 1804 dollar coins known to exist. Services; ... 1800 Dotted Date ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. 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. [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. Currency:CAD Category:Inventory Start Price:10.00 CAD Estimated At:NA. Bid history: The 1800 Draped Bust dollar was designed by Robert Scot and remains a popular collectible well more than two centuries since it was produced. 1800 Bust Dollar PCGS VF-30. [9] The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. [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. Later, assayer Albian Cox died suddenly from a stroke in his home on November 27, 1795, leaving the vital post of assayer vacant. 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. [23] Roberts fell ill in Bangkok and was taken to Macao, where he died in June 1835. A limited number of 1804 dollars were struck by the Mint in later years, and they remain rare and valuable. So when we say average, we mean in a similar condition to other coins issued in 1800, and mint state meaning it is certified MS+ by one of the top coin grading companies. Also learn how to properly store your coins. Home > Auction-Archive > Silver and Trade Dollars > Draped Bust Silver Dollars > 1800 Draped Bust Silver Dollar ANACS NET F-12 EF Details > Back to Search/Browse Page. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. Metal content: Silver - 90%. [26] When he discovered this, Snowden bought back several of the coins. Both si Year: 1800 "Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. 1800 Draped Bust Dollar. US Draped Bust Silver Dollar (Heraldic Eagle) (Counterfeit) 1798 to 1804. PCGS VG10 1798 DRAPED BUST DOLLAR PLEASING ORIGINAL . If the metal prices drop you will still have a coin that a numismatic would want to buy. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint. [5] Several sketches were approved by Mint engraver Robert Scot and de Saussure and sent to President George Washington and Secretary of State Thomas Jefferson to gain their approval. [2] This caused depositors of silver to lose money when their metal was coined. [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. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value. This is what the Heritage Auction's commentary, in part, reads. [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. Silver Melt: $19.23 Call or visit your local coin dealer for more information. The 1800 Draped Bust Dollar (Buy on eBay) turned the page on the century with a mintage of 220,920 coins.The design continued to feature Liberty on the obverse and a heraldic eagle on the reverse, both credited to Robert Scot, although initially based on a sketch by Gilbert Stuart. Value of 1800 BB-186 Draped Bust Silver Dollar. Julian, however, places the beginning of production in either late September or early October 1795, while Taxay asserts that the first new silver dollars were struck in October. 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. This coin has appears to me to be very conservatively graded - it is weakly struck but retains much lustre on both sides, looking more like an XF40 graded coin. Obverse: 1 in date close to curl, and 8 tipped too much to right at top.Liberty’s mouth open. Home > Auction-Archive > Silver and Trade Dollars > Draped Bust Silver Dollars > 1800 Draped Bust Silver Dollar ANACS VF-30 > Back to Search/Browse Page. [19] Mintage of the 1803 dollar continued until March 1804, when production of silver dollars ceased entirely. Any Quantity. This is a nice moderately circulated example of the popular 1800 AMERICAI Dollar. 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. [11] It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Read more. [22] Roberts recommended that the dignitaries be given a set of proof coins. Copy 1800 Draped Bust Silver Dollar Tribute Coin - the most sought after Silver Dollar Own a piece of history with a copy of America's most desired silver dollar coin. Most variations valued somewhere between 800 and 26K depending on market and condition. Most of them are fakes, because genuine coins are so valuable. [3] It has been suggested that Philadelphia socialite Ann Willing Bingham posed as the model for the coin. [17] In total, 85,634 dollars dated 1803 were struck. 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. [13] The total mintage for 1796 was 79,920,[12] which amounts to an approximate 62% reduction from the previous year's total. $2,572.50. 119 1800 DRAPED BUST SILVER DOLLAR. [25] Several 1804 dollars were struck, and some were sold for personal profit on the part of Mint officials. Coins worth more to a collectors may be a better long term investment. This was the first time the Draped Bust design ever appeared on U.S. coins - it showed up later on Half Cents in 1800 and on Large Cents, Half Dimes, Dimes, Quarter Dollars, and Half Dollars in 1796. The person chosen to fill the position was statesman and former congressman Elias Boudinot. 1799 Draped Bust Dollar $ MS61 NGC 943628-1. It is unknown exactly when production of the new design began, as precise records relating to design were not kept at that time. [21] In 1834, Edmund Roberts was selected as an American commercial representative to Asia, including the kingdoms of Muscat and Siam. The most common dates are the 1798 and 1799, though these are quite challenging to find with truly original, undamaged surfaces. [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. This price does not reference any standard coin grading scale. Contact Richard This resulted in blobs and dots all around the number - and so this coin is classified into it's own variety. Free shipping. 1800 Draped Bust Dollar value by date. In 1834, silver dollar production was temporarily restarted to supply a diplomatic mission to Asia with a special set of proof coins. [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. 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. [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. Fine - 15. 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. Typically there are 13 arrows being held in the eagle's claw and another are variety has 12 arrows. We use user submitted pictures please read that article if you are interested in adding your own. It is unknown why the current date was not used, but R.W. [16] Mintage numbers for the dollar remained high through 1799, with 423,515 struck that year. [5], It is unknown exactly when production of the new design began, as precise records relating to design were not kept at that time. [5] R.W. [13] In April 1797, an agreement was reached between the Mint and the Bank of the United States. 1800 Draped Bust Silver Dollar ANACS VF-30 . $8.75 shipping. [?]. 1800 Draped Bust Dollar value by date. PCGS The Standard for the Rare Coin Industry. Silver Content: 90% while one in certified mint state (MS+) condition could bring as much as $33,273 at auction. 7th, 8th, and 13th stars are all equidistant from L, Y and bust, and are near. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. 1799 $1 Draped Bust Dollar BB-153, B-4, R-4 Irregular Date 15 Stars Reverse PCGS VF30 (CAC) Sold 1799/8 $1 15 Reverse Stars Draped BB-141, B-3 15 Stars Reverse Bust Dollar PCGS VF30 (CAC) Julian speculates that Henry William de Saussure, who was named Director of the Mint on July 9, 1795, may have suggested it, as he had stated a redesign of the American coinage as one of his goals before taking office. [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. For a larger Item image, click on lower right hand corner. SPECIFICATIONS: Designer: Obverse by Robert Scot, reverse by John Eckstein . SOLD Winning Bid Undisclosed + applicable fees & taxes. [15] In November 1797, the Bank deposited approximately $30,000 worth of French silver. [27] In 1867, one of the original 1804 dollars was sold at auction for $750 ($13,720 today). The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. ITEM Big Valley Auction / March 24/25, 2020 / 1800 DRAPED BUST SILVER DOLLAR. 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