Coin Specifications

Category: Early Dollars (1794-1804)
Mint: Philadelphia
Mintage: 7,776
Obverse Designer: Robert Scot
Reverse Designer: Robert Scot
Composition: Silver
Fineness: 0.8920
Weight: 26.9600g
ASW: 0.7731oz
Melt Value: $17.59 (11/29/2020)
Diameter: 39-40mm
Edge: Lettered
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1797 $1 MS obverse 1797 $1 MS reverse
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Description & Analysis

As is the norm for early United States coins, the official calendar year production figure for 1797 dollars is quite misleading. Given the surviving pool of 1797-dated silver dollars, the reported annual total of 7,776 pieces is way too low. It's likely that all or many of these coins were dated 1795 or 1796, since the Mint could not afford to discard usable dies. Most of the 1797-dated dollars are believed to have been among the more than 300 thousand struck during 1798.

There are just three die marriages for the 1797 silver dollar, and all are readily distinguishable without a reference book. Two obverse dies were paired with three reverses, and the star arrangement and reverse lettering sizes make these marriages easy to attribute. Each obverse bears 16 stars corresponding to the number of states in the Union, but one die has them arranged nine left and seven right, while another has ten left and six right. Two reverse dies have Large Letters, while the sole Small Letters reverse was also used to coin dollars dated 1795, 1796 and 1798. BB-72 is the scarce die marriage, while BB-73 is the more common of the remaining two.

This date is rare in Mint State and About Uncirculated. Worn examples are fairly plentiful, but they are not seen as often as the 1796 dollars. Since most collectors seek only a single piece to represent the Small Eagle type, the differences in values do not reflect this relative rarity as much as they would were this series more popular by dates.

GRADE SUMMARY

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Price Guide

Last Updated: 11/6/2019

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

1797 $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1600 2050 3600 5250 10600 13500 14500 22500 34500 58000 66000 79000 170000 275000 480000 - - - - -

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: 581
Low Grade: PrAg
Average Grade: 40
High Grade: 65

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.
NGC CENSUS DETAIL Last Updated: 11/24/2020 1797 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base4122543223809038162312-43511-----580
----------1-----------1
---------1-----1------2
-----------------------
Total4122543223809038162413-43521-----583
 1%2%4%7%38%14%15%7%3%4%2%-1%1%1%0%0%----- 
1797 $1 MS PL
 PrAgGVGFVF4045505355586061626364656667686970Total
Base--------------1-------1
-----------------------
-----------------------
-----------------------
Total--------------1-------1
 --------------100%------- 

NGC Registry

NGC Registry Score 1797 $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base02197249532813902528558366286647371388383101051057111246144851684219913207450000
02296275734884363546959866348669575538957102601079612326152711786620190207450000
00000059866348669575538957102601079612326152711786620190207450000
00000061366411691679689531104161102113405160561888920468207450000
Registry Image Gallery
Grade: MS 64
Points: 17866
Owner: Tradedollarnut
 
Grade: XF 40
Points: 5285
Owner: Francis C
 
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.