1801 Proof Draped Bust Dollar

Coin Details

Auction Record

$55,000 PR63 01-01-1984 Stack's

Description

The 1801 Proof Draped Bust Dollar is a proof dollar struck at the Philadelphia Mint, part of the Draped Bust Dollars 1795-1804 series. With a mintage of 6, this is an extremely rare issue — the scarcer of two mint variants, with 0% of total production. The obverse features Liberty facing right with draped bust and ribbon-bound hair, designed after a Gilbert Stuart portrait and the reverse displays a small, naturalistic eagle perched on a palm branch within a wreath (1795-1798) or a heraldic eagle with shield on breast, olive branch and arrows in talons, with a banner reading E PLURIBUS UNUM (1798-1804). Produced during the earliest years of the United States Mint, when the young republic was establishing its monetary system and coinage traditions. As a proof issue, this coin was struck multiple times on specially prepared polished planchets using polished dies, producing mirror-like fields and frosted design elements prized by collectors. Struck at the original U.S. Mint facility, in continuous operation since 1792. Estimated market value is approximately $1590K. Struck in 90% silver, 10% copper, weighing 27 grams, 40 mm in diameter, with a lettered: hundred cents one dollar or unit edge. Cataloged as PCGS #6904.