Silver Melt: $20.62 Value: As a rough estimate of this coins value you can assume this coin in average condition will be valued at somewhere around $1025, while one in certified mint state (MS+) condition could bring as much as $33,273 at auction. Free shipping. 1800 Draped Bust Silver Dollar ANACS NET F-12 EF Details . [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. This is a nice moderately circulated example of the popular 1800 AMERICAI Dollar. [18] In 1800, silver deposits once again began to decline, and the total silver dollar output for that year was 220,920. PCGS The Standard for the Rare Coin Industry. or Best Offer. There are only 15 genuine 1804 dollar coins known to exist. Free shipping. 1799 Draped Bust Silver Dollar VF35 PCGS. [13] In April 1797, an agreement was reached between the Mint and the Bank of the United States. This is what the Heritage Auction's commentary, in part, reads. 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. In September 1795, de Saussure wrote his resignation letter to President Washington. [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. If the metal prices drop you will still have a coin that a numismatic would want to buy. [9] The total production of 1795 dollars (including both the Flowing Hair and Draped Bust types) totalled 203,033. 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. [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. Value of 1800 BB-186 Draped Bust Silver Dollar. 900fine, Jul 26, 2009 #8 + Quote Reply. 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. [22] Roberts recommended that the dignitaries be given a set of proof coins. 1800 Draped Bust Silver Dollar ANACS VF-30 . This Dollar has the catalog numbers: Bowers Borckardt-186, Bolender-4, or Haseltine-4. 7th, 8th, and 13th stars are all equidistant from L, Y and bust, and are near. [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". 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. About 1800 $1 MS Draped Bust Dollars. Grade. The values and worth of a US 1800 Draped Bust Dollar coins with eagle and shield. or Best Offer. [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. [3] It is unknown what prompted this change or who suggested it, though numismatic historian R.W. 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. [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. 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 … Year: 1800 [25] Due to an increase in the demand for rare coins, Mint officials, including Director Snowden, began minting an increasing number of coin restrikes in the 1850s. Julian, however, places the beginning of production in either late September or early October 1795,[5] while Taxay asserts that the first new silver dollars were struck in October. [5], It is unknown exactly when production of the new design began, as precise records relating to design were not kept at that time. Silver Weight: 0.7735 oz. Total Produced: 220,000 [?] Free shipping. [2] During the second year of production of the Flowing Hair dollar, it was decided that the denomination would be redesigned. Population . The designer is unknown, though the distinction is usually credited to artist Gilbert Stuart. Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth. Please keep that in mind. The die defect resulted in a thick line right after the last letter "A". Type: Draped Bust Dollar Year: 1800 Mint Mark: No mint mark Face Value: 1.00 USD Total Produced: 220,000 [ Silver Content: 90% Silver Weight: 0.7735 oz. CALL FOR CURRENT MARKET PRICE. Face Value: 1.00 USD [14] The Mint was closed between August and November 1797 due to the annual yellow fever epidemic in Philadelphia; that year's epidemic took the life of the Mint's treasurer, Dr. Nicholas Way. The line slightly resembles a letter "I" after the A - hence the name of … [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. [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. Both si This resulted in blobs and dots all around the number - and so this coin is classified into it's own variety. American Draped Bust Dollar. $2,572.50. 1800 Draped Bust Dollar value by date. R.W. 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. An 1804 Draped Bust is the most desired silver dollar and has been studied extensively. 1800 Draped Bust Dollar value by date. 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. Services; ... 1800 Dotted Date ... Silver $27.16 (-0.01) 01-07 7:48 PM EST. Q. David Bowers (edited and updated by Mike Sherman): The 1795 Draped Bust dollar represents the initial appearance of this design in American coinage. Contact Richard This item SOLD at 2020 Mar 25 @ 14:11 UTC-7 … Compare. or Best Offer. 7th, 8th, and 13th stars are all equidistant from L, Y and bust, and are near. The 1800 "Dotted Date" Draped Bust Silver Dollar features a die defect around the date - particularly around and within the first "0". Click the button below for catalog-specific information about this item. 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. Diameter: 39-40 millimeters. 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. It is unknown exactly when production of the new design began, as precise records relating to design were not kept at that time. An example closeup image of the dotted date is depicted below: Additional Info: Variations include wide date, dotted date, 12 arrows, and the standard 1800. Home > Auction-Archive > Silver and Trade Dollars > Draped Bust Silver Dollars > 1800 Draped Bust Silver Dollar ANACS VF-30 > Back to Search/Browse Page. 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