1798 Draped Bust Dollar - Large Eagle

Strike Type

Coin Details

Year

1798

Denomination

Dollar

Mint Mark

Strike Type

Regular Strike

Series

Draped Bust Dollars 1795-1804

Designer

Robert Scot

Mintage

287,536

Composition

90% Silver, 10% Copper

Weight

27g

Diameter

40mm

Edge

Lettered: HUNDRED CENTS ONE DOLLAR OR UNIT

Value Estimates

$1,175 - $26,817

Values as of May 2026 — estimates reflect typical grades (G-4 through MS-63). Coins in lower or exceptional grades may fall outside this range.

Auction Record

$90,000 MS64 09-20-2020 Heritage Auctions

Description

Part of the Draped Bust Dollars 1795-1804 series, the 1798 Draped Bust Dollar - Large Eagle is a dollar from the Philadelphia Mint. With a mintage of 287,536, this is a less common issue — ranked 3rd of 11 mint variants by mintage, with 11% of 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). The heraldic eagle reverse was introduced, replacing the small eagle. Multiple die varieties exist including the famous "knob 9" and "pointed 9" varieties. Coined at the Philadelphia facility, the nation's original mint that has operated continuously since its 1792 founding. Estimated market value ranges from $1.2K to $27K depending on grade and condition. 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 #6873.