Coin Specifications

Category: Early Dollars (1794-1804)
Mint: Philadelphia
Mintage: 327,536
Obverse Designer: Robert Scot
Reverse Designer: Robert Scott
Composition: Silver
Fineness: 0.8920
Weight: 26.9600g
ASW: 0.7731oz
Melt Value: $21.57 (6/13/2021)
Diameter: 39-40mm
Edge: Lettered
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1798 LARGE EAGLE $1 MS obverse 1798 LARGE EAGLE $1 MS reverse
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Description & Analysis

The 1798 silver dollar with Heraldic Eagle reverse is among the more common dates of this type. It's large published mintage certainly hints at that fact, though this number is larger than the estimated figure for silver dollars actually bearing the 1798 date. The U. S. Mint was compelled to be thrifty with its dies, using them for as long as they remained serviceable, regardless of the date they carried. In his book on early dollars, Q. David Bowers estimated that 140,000-150,000 of the dollars coined during calendar year 1798 were actually dated 1795-97, with another 35,000 or so bearing the 1798 date but with the Small Eagle reverse. He further estimated that about 235,000 1798 Heraldic Eagle dollars were struck in all, this number including ones struck during 1799 and, possibly, 1800.

This issue may be divided into two major varieties, the earlier coins displaying the Knobbed 9 typical of earlier dates, while the later and more plentiful dies feature the Pointed 9 that carried on into the following date. An amazing total of 31 die marriages have been recorded for this large issue. Rare marriages include BB-93, BB-101, BB-110 and BB-114. Rarer still are BB-91, BB-103 and BB-117.

A fair number of Mint State survivors are known of this type dated 1798, and all are highly prized by both type collectors and series specialists. The certified population of coins grading Very Fine and Extremely Fine is high enough that even the more budget-minded collectors can secure an example.

GRADE SUMMARY

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Price Guide

Last Updated: 10/31/2018

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

1798 LARGE EAGLE $1 MS
  GVGFVFXF505355586061626364656667686970
Base $ 1075 1250 1750 2600 4750 8200 8700 11500 16750 22500 26000 37500 65000 130000 255000 - - - - -
$ - - - 12500 18250 - - - - 150000 - - - -

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: 1641
Low Grade: PrAg
Average Grade: 40
High Grade: 64

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.
NGC CENSUS DETAIL Last Updated: 6/8/2021 1798 LARGE EAGLE $1 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base1440851335672092336978101681181474------1641
-----------------------
---------12--1--------4
---------------1------1
Total1440851335672092336978102701181575------1646
 1%2%5%8%34%13%14%4%5%6%4%0%1%1%0%0%------ 

NGC Registry

NGC Registry Score 1798 LARGE EAGLE $1 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base16091776192823022807373042904744486554666362713875438644105151328116454172080000
16651827205324703115391744414784506557656621727379109268114371433916705172080000
00000044414784506557656621727379109268114371433916705172080000
00000045934825526660636879740882779891123591539616957172080000
Registry Image Gallery
Grade: AU 55
Points: 5466
Owner: GJMarsh
 
Grade: XF 45
Points: 4290
Owner: mtayl03
 
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.