1804 Draped Bust Dollar

About This Coin

The 1804 Draped Bust Dollar is a United States dollar from the Draped Bust Dollars 1795-1804 series — the final year of the series. In 1804, coins were struck at the Philadelphia Mint with a combined mintage of 22. This represents the lowest annual mintage in the entire series, below the series median of 84,477. 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). The "King of American Coins" — but the famous 1804 dollars were actually struck in the 1830s-1850s as diplomatic presentation pieces. Only 15 are known across three classes. Struck in 90% silver, 10% copper, weighing 27 grams, 40 mm in diameter, with a lettered: hundred cents one dollar or unit edge. Estimated market value across variants is approximately $31K. A notable auction result reached $7680K in PR68 grade at Stack's Bowers. Designed by Robert Scot.