1 Dollar "Draped Bust Dollar" (small eagle) obverseObverse
1 Dollar "Draped Bust Dollar" (small eagle) reverseReverse

1 Dollar "Draped Bust Dollar" (small eagle)

United States

1795–1798

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Estimated 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

CountryUnited States
Years Minted1795–1798
CompositionSilver (.8924) (.1076 copper)
Weight26.96 g
Diameter39 mm
ShapeRound
EdgeLettered 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.

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AI Analysis & Price Prediction

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12-Month 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...

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