Coin Specifications

Category: Early Dollars (1794-1804)
Mint: Philadelphia
Mintage: 42,738
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 26.9600g
ASW: 0.7731oz
Melt Value: $17.63 (11/27/2020)
Diameter: 39-40mm
Edge: Lettered
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1795 DRAPED BUST $1 MS obverse 1795 DRAPED BUST $1 MS reverse
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Description & Analysis

The designs of the earliest United States silver and copper coins were soon recognized as being somewhat deficient from both the aesthetic and durability standpoints. With Coiner Robert Scot firmly in place by 1795, the U. S. Mint was able to undertake the creation of new designs that would prove more suitable. Legend has it that the Draped Bust of Liberty which debuted on the silver dollar in 1795 was based on a design by famed portrait artist Gilbert Stuart and modeled by Philadelphia socialite Anna Willing Bingham. As with so many stories of our early coinage, however, there is not one shred of evidence from that period to link Stuart with this design. The writings of Walter Breen, in particular, have perpetuated or even created from scratch many scenarios which cannot now be substantiated with contemporaneous documents. What is known for a fact is that this portrait was and remains extremely appealing.

It is confirmed that John Eckstein was paid on September 9, 1795 for "two models for dollars." This action fits in nicely with the supposed timeline of the new portrait, and it's quite possible that Scot engraved the hub punches for this coin type using Eckstein's relief models, though it doesn't answer the question of who created the original designs.

There are just two die marriages for 1795 Draped Bust Dollars, and each utilized unique obverse and reverse dies. The supposed first emission is BB-51, on which the portrait is noticeably offset to the left. BB-52 features the portrait centered, as on all subsequent coins of this type. Interestingly, the reverse die used for BB-51 survived to be used again several times with dollars dated 1796, 1797 and 1798. It may be that the reverse used for BB-52 failed quickly, as it's not seen with any other date, and this variety is the scarcer of the two for 1795.

While most survivors are worn to varying degrees, there were a number of 1795 Draped Bust Dollars preserved at the time in Mint State. The majority of these are of the BB-51 marriage, further reinforcing the belief that this variety was coined first and thus provided the keepsake pieces.


GRADE SUMMARY

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Price Guide

Last Updated: 10/31/2016

Click on a price to see historical prices, comparison charts and trends.

1795 DRAPED BUST $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1850 2350 3900 5000 9000 15500 17500 23000 36500 51000 62500 78000 130000 180000 475000 850000 - - - -

NGC Price and Value Guides Disclaimer

Disclaimer: The prices listed in the various NGC Price and Value Guides are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. Prices provided are averages, not specific prices for individual coins. Further, because these prices are only updated from time to time, they do not reflect short term pricing trends, which are quite common and are often quite dramatic, given the volatile nature of the collectible coin marketplace. This is especially true for rare coins, where there are fewer sales and greater variations in sale prices. For all of these reasons, the prices in these guides are designed to serve merely as one of many measures and factors that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and — when appropriate — expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Guides. By using the NGC Guides, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the Guides.

Census

 
NGC GRADE SUMMARY

Total Graded: 442
Low Grade: PrAg
Average Grade: 40
High Grade: 66

The chart showing PrAg series, G series, VG series, F series, VF series, 40 series, 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 11/24/2020 1795 DRAPED BUST $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base3618401535251261926163373672----441
---------------1------1
----------1----1------2
-----------------1----1
Total3618401535251261926173373873----445
 1%1%4%9%34%12%11%6%4%6%4%1%1%2%1%2%2%1%---- 
1795 DRAPED BUST $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base----------1-----------1
---------------1------1
-----------------------
-----------------------
Total----------1----1------2
 ----------50%----50%------ 

NGC Registry

NGC Registry Score 1795 DRAPED BUST $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base1668236826713406381749355563616964737198855996561037211197132811475119852234760000
1901246929163543419051445765627067157652892598951064711892137711645121060234760000
0000005765627067157652892598951064711892137711645121060234760000
00000059676372695681059290101331092212586142611815222268234760000
Registry Image Gallery
Grade: AU 53
Points: 6473
Owner: BillJones
 
Grade: XF 40
Points: 4935
Owner: Rays collection
 
View the Registry Image Gallery

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NGC Auction Central Disclaimer

NGC Auction Central Disclaimer

Disclaimer: The auction prices realized listed in the NGC Auction Central are compiled from a number of independent, third party sources in the numismatic community which NGC believes to be reliable. The auction data listed by NGC may occasionally contain typographical or input errors that can result in incorrect prices realized appearing on the NGC website. Therefore, the prices realized listed in NGC Auction Central are designed to serve merely as one of many measures and facts that coin buyers and sellers can use in determining coin values. These prices are not intended, and should not be relied upon, to replace the due diligence and – when appropriate – expert consultation that coin buyers and sellers should undertake when entering into a coin transaction. As such, NGC disclaims all warranties, express or implied, with respect to the information contained in the NGC Auction Central. By using the NGC Auction Central, the user agrees that neither NGC nor any of its affiliates, shareholders, officers, employees or agents shall have any liability for any loss or damage of any kind, including without limitation any loss arising from reliance on the information contained in the NGC Auction Central.