Price Guide for 1797 Dollar Variants
This guide presents price ranges for variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.
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3rd Party PriceCirculated: $15.75 – $46,000.00Uncirculated: $23,000.00 – $440,625.00
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eBayCirculated: $1,053.00 – $9,250.00
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PCGS Price GuideCirculated: $1,500.00 – $55,000.00Uncirculated: $65,000.00 – $300,000.00
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3rd Party PriceCirculated: $10.00 – $103,500.00Uncirculated: $52,800.00 – $164,500.00
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eBayCirculated: $1,500.00 – $13,800.00
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PCGS Price GuideCirculated: $1,500.00 – $65,000.00Uncirculated: $75,000.00 – $250,000.00
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3rd Party PriceCirculated: $575.00 – $55,812.50Uncirculated: $41,125.00 – $188,000.00
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eBayCirculated: $2,382.00 – $32,500.00
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PCGS Price GuideCirculated: $1,500.00 – $55,000.00Uncirculated: $65,000.00 – $300,000.00
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3rd Party PriceCirculated: $37.50 – $69,000.00Uncirculated: $264,000.00 – $381,875.00
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eBayCirculated: $2,400.00 – $7,950.00
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PCGS Price GuideCirculated: $1,750.00 – $135,000.00Uncirculated: $150,000.00 – $400,000.00
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3rd Party PriceCirculated: $998.75 – $47,000.00Uncirculated: $79,312.50
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eBayCirculated: $2,222.00 – $22,000.00
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PCGS Price GuideCirculated: $1,500.00 – $65,000.00Uncirculated: $75,000.00 – $175,000.00
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3rd Party PriceCirculated: $1,880.00 – $66,000.00
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PCGS Price GuideCirculated: $1,750.00 – $135,000.00Uncirculated: $150,000.00 – $400,000.00
Design and Specifications of the 1797 Dollar
The 1797 Draped Bust Dollar is a significant early American coin. It represents the second year of the Draped Bust design, which replaced the Flowing Hair design. This coin was minted during a crucial period in American history, as the young nation was establishing its currency and economy.
The Draped Bust Dollar was designed by Robert Scot, the chief engraver of the U.S. Mint at the time. It features a more mature and dignified portrayal of Liberty compared to its predecessor, reflecting the growing confidence of the new nation.
| Weight | 26.96 grams |
|---|---|
| Diameter | 39-40 mm |
| Mint Marks | No mint marks used (all minted in Philadelphia) |
| Composition | 89.24% silver, 10.76% copper |
| Obverse Design | Draped Bust design, featuring a bust of Liberty facing right, designed by Robert Scot |
| Reverse Design | Small Eagle design, featuring an eagle with outstretched wings surrounded by a wreath, designed by Robert Scot |
Rarity Factors and Value Drivers
The condition of a 1797 Dollar has a profound impact on its value. Due to its age and limited mintage, finding specimens in high grades is extremely challenging. Coins in Very Fine (VF) condition or better are highly sought after by collectors.
Strike quality is particularly important for this issue, as many examples show weakness in certain areas. Coins with strong, well-defined details command significant premiums. The presence of original luster can dramatically increase value, especially in higher grades.
Surface preservation is crucial. Coins free from significant marks, scratches, or corrosion are highly desirable. Natural toning, if present, can enhance appeal and value, particularly if it’s attractive and even.
Mintage: 7,776
Rarity Scale: Very Rare
Circulation Status: Limited Circulation
Preservation Rarity: Extremely rare in high grades (XF or above)
Varieties Errors: Three main varieties: 9×7 Stars, 10×6 Stars, and 15 Stars
Market Demand: High, due to historical significance and rarity
The three main varieties of the 1797 Dollar can significantly affect value:
1. 9×7 Stars: Rarest and most valuable variety
2. 10×6 Stars: Second rarest variety
3. 15 Stars: Most common variety, but still very rare
The arrangement of stars on the obverse distinguishes these varieties. Collectors often seek to acquire all three types, driving up demand and prices.
Historical significance plays a major role in the coin’s value. As one of the earliest silver dollars minted by the United States, it holds immense appeal for collectors of early American coinage.
The overall rarity of the 1797 Dollar, regardless of variety, ensures strong demand and high values across all grades.
