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. Find the current Draped Bust Dollar values by year, coin varieties, and specific grade. or Best Offer. Obverse: 1 in date close to curl, and 8 tipped too much to right at top.Liberty’s mouth open. [17] Although silver bullion deposits at the Mint had increased, Boudinot attempted to end silver dollar production in 1803, favoring half dollars instead. The 1800 Draped Bust dollar was designed by Robert Scot and remains a popular collectible well more than two centuries since it was produced. [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. The die defect resulted in a thick line right after the last letter "A". $10,994.50. 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. [24][26], By the end of the 19th century, the 1804 dollar had become the most famous and widely discussed of all American coins. These early American silver dollars are widely collected along with the Flowing Hair silver dollar of 1794 and 1795, which Scot also designed. American Draped Bust Dollar. [27] In 1867, one of the original 1804 dollars was sold at auction for $750 ($13,720 today). [22] Soon, Roberts' trip was expanded to Indo-China (then known as Annam) and Japan, so two additional sets were struck. This is what the Heritage Auction's commentary, in part, reads. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. American Draped Bust Dollar. $2,572.50. The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. [8] In September 1795, de Saussure wrote his resignation letter to President Washington. Free shipping. 1800 Draped Bust Silver Dollar ANACS VF-30 . 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. 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 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. 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) In 1804, coinage of silver dollars was halted; the last date used during regular mint production was 1803. 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. Obverse: 1 in date close to curl, and 8 tipped too much to right at top.Liberty’s mouth open. ITEM Big Valley Auction / March 24/25, 2020 / 1800 DRAPED BUST SILVER DOLLAR. In the silver dollar series the obverse motif was continued through pieces dated 1804 (business strikes were last made in 1803, however), while the reverse motif was employed only through early 1798. It is unknown why the current date was not used, but R.W. 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. Free shipping. Free shipping. [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. [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. [2] This caused depositors of silver to lose money when their metal was coined. 1800 Draped Bust Silver Dollar ANACS NET F-12 EF Details . [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. [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. The second silver dollar design from the United States Mint was known as the Draped Bust Dollar. 10 Most Valuable Walking Liberty Half Dollars, *list does not count the newer Presidential Dollars. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. The example on the right appears to better match a genuine B-10 1799 Draped Bust dollar, but common “markers” between the two suspect examples’ reverses and to … [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. Both si Another major variety of the 1800 Draped Bust Silver Dollar features 10 arrows on the reverse of the coin. [28] In the early 20th century, coin dealer B. Max Mehl began marketing the 1804 dollar as the "King of American Coins". 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. [25] Following Roberts' death, the remaining two sets were returned to the Mint without being presented to the dignitaries. "Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. Call or visit your local coin dealer for more information. [11] It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. Read more. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. [12] Boudinot soon ordered that production of minor denominations be increased. US Draped Bust Silver Dollar (Heraldic Eagle) (Counterfeit) 1798 to 1804. Year: 1800 [17] In total, 85,634 dollars dated 1803 were struck. 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. 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. Population . 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. This design is known as Draped Bust, Heraldic Eagle. All … Services; ... 1800 Dotted Date ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. $1,350.00. Copper - 10%. Please keep that in mind. 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. Click the button below for catalog-specific information about this item. 1800 Draped Bust Silver Dollar Coin BB-184 B-12 ANACS AU Details Improperly Clnd. The values and worth of a US 1800 Draped Bust Dollar coins with eagle and shield. In his letter, de Saussure mentioned the unauthorized silver standard and suggested that Congress be urged t… (see details)... (adsbygoogle = window.adsbygoogle || []).push({}); Type: Draped Bust Dollar 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. [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. or Best Offer. $4,550.00. [10] As de Saussure's resignation would not take effect until October, the president was given time to select a replacement.[9]. The person chosen to fill the position was statesman and former congressman Elias Boudinot. This resulted in blobs and dots all around the number - and so this coin is classified into it's own variety. [13] The total mintage for 1796 was 79,920,[12] which amounts to an approximate 62% reduction from the previous year's total. This price does not reference any standard coin grading scale. [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. 119 1800 DRAPED BUST SILVER DOLLAR. SOLD Winning Bid Undisclosed + applicable fees & taxes. Home > Auction-Archive > Silver and Trade Dollars > Draped Bust Silver Dollars > 1800 Draped Bust Silver Dollar ANACS VF-30 > Back to Search/Browse Page. [22], The first two 1804 dollars (as well as the other coins for the sets) were struck in November 1834. [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. [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". 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. 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 Later, assayer Albian Cox died suddenly from a stroke in his home on November 27, 1795, leaving the vital post of assayer vacant. Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1025, The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. 1799 Draped Bust Silver Dollar VF35 PCGS. Fine - 15. 7th, 8th, and 13th stars are all equidistant from L, Y and bust, and are near. Silver Melt: $19.23 The Draped Bust dollar is a United States dollar coin minted from 1795 to 1803, and was reproduced, dated 1804, into the 1850s. 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. [4] It is also possible that the Flowing Hair design was discontinued owing to much public disapproval. 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. [25] Several 1804 dollars were struck, and some were sold for personal profit on the part of Mint officials. Also learn how to properly store your coins. or Best Offer. $1,499,999.99. Currently Out of Stock. In September 1795, de Saussure wrote his resignation letter to President Washington. The 1800 "Dotted Date" Draped Bust Silver Dollar features a die defect around the date - particularly around and within the first "0". [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. while one in certified mint state (MS+) condition could bring as much as $33,273 at auction. Type: Draped Bust Dollar Year: 1803 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 85,000 [ Silver Content: 90% Silver Weight:.7735 oz. Read more Compare. Typically there are 13 arrows being held in the eagle's claw and another are variety has 12 arrows. This design is known as Draped Bust, Small Eagle and usually commands a high price due to the extremely low mintage at the time. Most people will never even SEE one of these original coins, let alone own one. 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