Obverse
ReverseEstimated Melt Value
$60.90
Based on Silver spot price ($78.73/oz) · 89.2% purity · 26.96g
Updated 12:56 PM
Collector premium not included
Specifications
| Country | United States |
| Years Minted | 1795–1798 |
| Composition | Silver (.8924) (.1076 copper) |
| Weight | 26.96 g |
| Diameter | 39 mm |
| Shape | Round |
| Edge | Lettered with decorations between words |
Design
Obverse
Draped bust right, 15 stars around
Reverse
Small eagle with spread wings within wreath
Catalog References
History & Notable Facts
Ah, the Draped Bust Dollar from those wild early days of the United States—minted between 1795 and 1798—it's like holding a piece of the nation's awkward adolescence in your hand. Back then, America was still finding its footing after the Revolutionary War, with George Washington navigating a fledgling economy riddled with debt and inflation. The Whiskey Rebellion was brewing, threatening to upend the new federal government, while the Mint Act of 1792 had just kicked off coin production in Philadelphia. These silver dollars weren't just currency; they symbolized a bold experiment in democracy, hammered out amid economic upheaval and the kind of political drama that makes modern headlines look tame. Collectors love this era for its raw historical grit—it's numismatic storytelling at its finest.
On the obverse, you've got Lady Liberty draped in flowing garments, her hair tied back with a ribbon, designed by the talented engraver Robert Scot to evoke classical ideals of freedom and strength. It's a nod to the Enlightenment influences shaping the new republic, making it artistically significant as one of the first U.S. coin designs to blend European style with American identity. Flip it over, and the small eagle reverse shows a bird perched on a palm branch, looking more like a heraldic symbol than the mighty bald eagle we'd see later—simple, yet historically pivotal as it marks the transition from Flowing Hair designs. For coin collecting enthusiasts, this is a key date series with potential sleepers; the 1798 edition, for instance, has scarce die varieties that can skyrocket a coin's value if you're sharp enough to spot them, though not every one is a rare gem—some are just solid entries for building a early American set.
When it comes to market reality, these Draped Bust Dollars are mostly 90% silver, which drives demand among numismatic investors eyeing precious metal content for both intrinsic worth and historical appeal. Coin values fluctuate based on condition and rarity; a well-preserved 1795 might fetch thousands at auction, but beat-up examples can linger in the mid-hundreds, making them accessible for newcomers. Don't sleep on these as overlooked bargains—while they're not as hyped as Morgan Dollars, savvy collectors know they're undervalued gems with a story that outshines their shine. Overpay at your peril, but grab one in good grade, and you're not just buying a coin; you're owning a slice of history that keeps giving.
Buy on eBay
AI Analysis & Price Prediction
The 1 Dollar "Draped Bust Dollar" (small eagle) has shown consistent appreciation over the past decade. Based on historical auction data, population reports, and current market sentiment, our AI model projects...
Get AI-powered analysis for this coin
Unlock with Pro — $9.99/mo