1802 Proof Draped Bust Dollar

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Description

The 1802 Proof Draped Bust Dollar is a proof dollar struck at the Philadelphia Mint, part of the Draped Bust Dollars 1795-1804 series. No record was kept of how many were struck; NGC can trace four or five. The obverse features Liberty facing right with draped bust and ribbon-bound hair, a portrait traditionally credited to Gilbert Stuart, and the reverse displays a heraldic eagle, shield on breast, gripping an olive branch and a bundle of arrows, with the motto E PLURIBUS UNUM on a scroll in its beak. This proof is a novodel: the Philadelphia Mint struck it for collectors in the 1870s from a new obverse die, and no proof dollars were made in 1802. 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. Struck in 90% silver, 10% copper on a planchet made for trade dollars, weighing about 27.2 grams, 40 mm in diameter, with a lettered: hundred cents one dollar or unit edge. Cataloged as PCGS #6905.