coin

1797 Draped Bust Dollar  

CoinTrackers.com has estimated the 1797 Draped Bust Dollar Value | CoinTrackers at a minimum of $1030, one in perfect condition can be worth $103000 or more. (see details)...

1797 Draped Bust Dollar

Type: Draped Bust Dollar
Year: 1797
Mint Mark: No mint mark
Face Value: 1.00 USD
Total Produced: 7,000 [?]
Silver Content: 90%
Silver Weight: .7735 oz.
Silver Melt: $14.49
Value: As a rough estimate of this coins value you can assume this coin in poor condition will be valued at somewhere around $1030, while one in "perfect" condition can bring $103000. This price does not reference any standard coin grading scale. So when we say poor, we mean worn more than would be expected from a coin in this age, and perfect meaning it looks "perfect" without flaw and possibly even certified. [?].

Additional Info: There are several variations of the 1796 Draped Bust Dollars, and as usual they can get a bit confusing. There is one version with 10 stars on the left and 6 stars on the right, 1 version with 9 stars on the left and 7 on the right with small letters, and then 1 version with 9 stars on the left and 7 stars on the right but with small lettering. The version with 9 stars on the left and 7 stars on the right but with small lettering must be harder to find because it tends to sell for 30% more than the other 2 versions.

Numismatic vs Intrinsic Value: This coin in poor condition is still worth $1015.51 more than the intrinsic value from silver content of $14.49, this coin is thus more valuable to a collector than to a silver bug. Coins worth more to a collectors may be a better long term investment. If the metal prices drop you will still have a coin that a numismatic would want to buy.

Want more info? Then read Coin Collecting Investment an article that details the benifits of coin collecting as a way to build wealth.

Current silver melt value* for a 1797 No mint mark is $14.49 and this price is based off the current silver spot price of $18.73 This value is dynamic so bookmark it and comeback for an up to the minute silver melt value.

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**When we say that 7,000, of these coins were produced or minted in 1797 this number doesn't always match the actual circulation count for this coin. The numbers come from the United States mint, and they don't reflect coins that have been melted, destroyed, or those that have never been released. Please keep that in mind.

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***Price subject to standard supply and demand laws, dealer premiums, and other market variations. Prices represent past values fetched at auctions/estate sales, certified coins being sold by dealers, and user submitted values. While we wholeheartedly try to give honest price estimates there are many factors besides appearance, metal content, and rarity that help make up the coins overall value.

We use user submitted pictures please read that article if you are interested in adding your own.

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