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. [21] In 1834, Edmund Roberts was selected as an American commercial representative to Asia, including the kingdoms of Muscat and Siam. [4] It is also possible that the Flowing Hair design was discontinued owing to much public disapproval. Free shipping. The second silver dollar design from the United States Mint was known as the Draped Bust Dollar. R.W. Contact Richard [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. Face Value: 1.00 USD Home > Auction-Archive > Silver and Trade Dollars > Draped Bust Silver Dollars > 1800 Draped Bust Silver Dollar ANACS VF-30 > Back to Search/Browse Page. 1800 Draped Bust Liberty Silver Dollar, PCGS XF-40, Nice Toning, Problem Free! Free shipping. Any Quantity. [16] Mintage numbers for the dollar remained high through 1799, with 423,515 struck that year. 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 … [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. [22], The first two 1804 dollars (as well as the other coins for the sets) were struck in November 1834. [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. [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. Read more. [23] Roberts fell ill in Bangkok and was taken to Macao, where he died in June 1835. [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. **When we say that 220,000, of these coins were produced or minted in 1800 this number doesn't always match the actual circulation count for this coin. If the metal prices drop you will still have a coin that a numismatic would want to buy. The great rarity is the 1804 Draped Bust Dollar, which was not a regular issue, but specially created as diplomatic gifts. [28] Seven years later, on November 27, 1874, a specimen sold for $700 ($15,818 today). 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. [25] Following Roberts' death, the remaining two sets were returned to the Mint without being presented to the dignitaries. The model is also unknown, though Ann Willing Bingham has been suggested. [22] Unknown to either of them, the last production in March 1804 was actually dated 1803. [2] This caused depositors of silver to lose money when their metal was coined. 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. Bid history: 42 bids (view) 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. Q. David Bowers (edited and updated by Mike Sherman): The 1795 Draped Bust dollar represents the initial appearance of this design in American coinage. [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. Population . [11] It is estimated that approximately 42,000 dollars were struck bearing the Draped Bust design. It is unknown exactly when production of the new design began, as precise records relating to design were not kept at that time. $19,500.00. 1800 Draped Bust Dollar value by date. The coins would be struck with dates from 1795 to 1803, featuring two different reverse designs. or Best Offer. [17] In total, 85,634 dollars dated 1803 were struck. American Draped Bust Dollar. 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. $22,219.00. 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. Most people will never even SEE one of these original coins, let alone own one. [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. 1800 Draped Bust Dollar. Coins worth more to a collectors may be a better long term investment. Richard Ponterio Richard, with 45 years of experience, handles ancient and world coins as well as foreign banknotes. For a larger Item image, click on lower right hand corner. An example closeup image of the dotted date is depicted below: Value of 1800 BB-186 Draped Bust Silver Dollar. Also learn how to properly store your coins. [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. Bid history: The values and worth of a US 1800 Draped Bust Dollar coins with eagle and shield. Read more Compare. Obverse: 1 in date close to curl, and 8 tipped too much to right at top.Liberty’s mouth open. One major variety of the 1800 Draped Bust Silver Dollar features a die defect on the reverse of the coin - particularly after the word "AMERICA". 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. This design is known as Draped Bust, Small Eagle and usually commands a high price due to the extremely low mintage at the time. 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. 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. 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) $4,550.00. [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. 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. 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. 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. [13] The total mintage for 1796 was 79,920,[12] which amounts to an approximate 62% reduction from the previous year's total. We use user submitted pictures please read that article if you are interested in adding your own. Silver Weight: 0.7735 oz. The mintages for circulation varied widely during the few years of issue, although all coins remain relatively available. Robert Scot was the man behind the Draped Bust silver dollar. Mint Mark: No mint mark 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. 1799 $1 13 Star Reverse Variety $ 1,050.00. Grade. [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. [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. [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. This resulted in blobs and dots all around the number - and so this coin is classified into it's own variety. PCGS The Standard for the Rare Coin Industry. 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) 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 has been suggested that Philadelphia socialite Ann Willing Bingham posed as the model for the coin. [3] It is unknown what prompted this change or who suggested it, though numismatic historian R.W. 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 Metal content: Silver - 90%. [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] 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. Typically there are 13 arrows being held in the eagle's claw and another are variety has 12 arrows. Draped Bust Dollars were the second type of silver dollars minted in the United States. Prices represent past values fetched at online auctions, estate sales, certified coins being sold by dealers, and user submitted values. [?]. Most of them are fakes, because genuine coins are so valuable. Draped Bust silver dollars are scarce, though available for a price. 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. 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. In his letter, de Saussure mentioned the unauthorized silver standard and suggested that Congress be urged t… Later, assayer Albian Cox died suddenly from a stroke in his home on November 27, 1795, leaving the vital post of assayer vacant. HANSEN GREAT BUST DOLLAR TYPE COIN 1798 LARGE EAGLE $1 PCGS/CAC XF40 GREAT BUST DOLLAR TYPE COIN [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. 119 1800 DRAPED BUST SILVER DOLLAR. SPECIFICATIONS: Designer: Obverse by Robert Scot, reverse by John Eckstein . $2,572.50. Please keep that in mind. The design succeeded the Flowing Hair dollar, which began mintage in 1794 and was the first silver dollar struck by the United States Mint. [28] In the early 20th century, coin dealer B. Max Mehl began marketing the 1804 dollar as the "King of American Coins". Diameter: 39-40 millimeters. 1800 Draped Bust dollars are scarcer than their counterparts from 1798 and 1799 but still see active trading. The person chosen to fill the position was statesman and former congressman Elias Boudinot. Currency:CAD Category:Inventory Start Price:10.00 CAD Estimated At:NA. This Dollar has the catalog numbers: Bowers Borckardt-186, Bolender-4, or Haseltine-4. [13] In April 1797, an agreement was reached between the Mint and the Bank of the United States. "Many American numismatic pieces, patterns and regular issues, are rarer than the 1804 silver dollar, with its population of 15 known specimens. Services; ... 1800 Dotted Date ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. [9] He immediately ordered that this practice be ceased and that coinage would begin in the 89.2% fineness approved by the Coinage Act of 1792. SOLD Winning Bid Undisclosed + applicable fees & taxes. These are large, heavy, silver coins that run from 1798 to 1804. [10] As de Saussure's resignation would not take effect until October, the president was given time to select a replacement.[9]. The line slightly resembles a letter "I" after the A - hence the name of … In 1834, silver dollar production was temporarily restarted to supply a diplomatic mission to Asia with a special set of proof coins. [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. This is a nice moderately circulated example of the popular 1800 AMERICAI Dollar. 7th, 8th, and 13th stars are all equidistant from L, Y and bust, and are near. 1800 Draped Bust Silver Dollar ANACS NET F-12 EF Details . 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