Coin Specifications

Category: Early Dollars (1794-1804)
Mint: Philadelphia
Mintage: 42,738
Catalog: KM-18
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 26.9600g
ASW: 0.7731oz
Melt Value: $15.05 (9/27/2016)
Diameter: 39-40mm
Edge: HUNDRED CENTS ONE DOLLAR OR UNIT
Numismatic specification data provided by Krause Publications NumisMaster.
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1795 DRAPED BUST S$1 MS obverse 1795 DRAPED BUST S$1 MS reverse


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Description & Analysis

Both in the past and present, the 1795 Draped Bust, Centered dollar represents an important type coin for anyone interested in early United States silver dollars, 1794-1803.

The earliest dollars struck and dated 1795 are known by most collectors today as 'Flowing Hair Dollars.' The Flowing Hair design was eventually replaced by the Draped Bust, Small Eagle type. According to Walter Breen, 'This new design represented the fulfillment of a dream for the new Mint Director, Henry William DeSaussure. On his accession, he had named his two ambitions: to place gold coinage into circulation, and to improve the design of all denominations, particularly of silver coins. To this purpose, he engaged the illustrious portraitist Gilbert Stuart, who submitted a drawing of Mrs. William Bingham (the former Ann Willing) as Ms. Liberty.' Breen further notes that John Eckstein, an artist, translated this drawing into 'models' (perhaps in plaster as Bowers later noted) for Mint Engraver Robert Scot. Eckstein received $30.00 on September 9, 1795, for his two 'models.' Breen postulates that the second of these is likely to have been the small eagle on clouds.

Bowers noted in his Silver Dollars of the United States regarding the Draped Bust, Small Eagle dies, 'The obverse portrait punch is of high quality and is superbly engraved, with a wealth of minute detail. Whoever made it, Robert Scot or John Eckstein, was extremely skilled. The reverse punch of the Small Eagle on billowy clouds is likewise superbly done. The wreath is sophisticated as well. The left side of the wreath, with olive leaves, bears a stylistic resemblance to the Three Leaves wreath, as the individual leaf elements are similar in appearance, with raised or outlined edges.'

It is likely that the 1795 Draped Bust dollars were first struck in October 1795. The Draped Bust, Centered dollar is much rarer in Mint State than its counterpart with Liberty placed to the left. When his book was published in 1993, Bowers listed 20 'Notable Specimens' of 1795 B-14, BB-51, ranging in grade from MS63 to MS66. By contrast, only six specimens of 1795 B-15, BB-52 were included in grades ranging from MS63 to MS65. Only three of these six were graded MS64 or higher and only one of these reached an MS65 grade, the 'R. Tettenhorst Specimen. MS.65 PL' (which is likely the plate coin in the Bowers book, page 224).

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 1/26/2015

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

1795 DRAPED BUST S$1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1440 2250 3880 5340 10000 17000 18250 21500 30000 48500 56000 80000 145000 170000 405000 568750 - - - -
$ - - - - - - - - - - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 423
Low Grade: PrAg
Average Grade: 40
High Grade: 67


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
2/5/2006 NGC VF 35   Goldberg February 5-8, 2006 Pre-Long Beach Coin and Currency Auction, 34/Lot# 1621 $5,175.00
3/10/2008 NGC VF 35   David Lawrence Rare Coins Monday - Internet Auction # 228, 234/Lot# 1144 $6,152.50
4/12/2009 PCGS XF 45   Teletrade Auction 2678, 2678/Lot# 2055 $10,120.00
1/1/2013 PCGS F 12   Stack's Bowers The January 2013 Americana Sale, 180/Lot# 12483 $3,172.50
2/7/2013 NGC Details VG Details  Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(1), 1182/Lot# 3563 $1,292.50
2/7/2013 PCGS Genuine F   Heritage Auctions 2013 February 7 -8 & 10 US Coin Signature Auction - Long Beach Session(1), 1182/Lot# 3561 $1,762.50
3/23/2014 PCGS Genuine Genuine   GreatCollections GreatCollections Coin Auctions 03/23/2014, 178/Lot# 127504 $2,750.00
8/6/2014 PCGS XF 45   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 13123 $7,637.50


NGC Registry

NGC Registry Score 1795 DRAPED BUST S$1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base820127113931949244835063868418750945577619065457198842894151164313606165531850534654489551
9701311157821152800362639744489525557816308676276088757101571229714588172032388839421489550
0000003974448952555781630867627608875710157122971458817203238883942100
0000004080479154165985642669808018908610900129511557017854292714418800
Registry Image Gallery
Grade: AU 53
Points: 5094
Owner: BillJones
 
Grade: VF 30
Points: 2448
Owner: Wolverines
 
View the Registry Image Gallery

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