The 1795 Draped Bust silver dollars have value as numismatic coins. Keep reading to learn more about these coins.
Specifications
Type: Draped Bust Dollar
Year: 1795
Face Value: $1.00
Composition: 89.24% silver, 10.76% copper
Silver Weight: .7731 oz.
Total Weight: 26.96 grams
Current Silver Bullion Value: $20.91
The US minted the 1795 Draped Bust dollar with no mint mark. Each coin was minted in Philadelphia.
There are two notable varieties for this coin. There are coins with the uncentered bust and coins with the centered bust.
| Series | Location | Quantity Minted |
|---|---|---|
| 1795 | Philadelphia | 42,738 |
Value
This coin in circulated condition is worth a lot more than its weight in silver. But just for reference, the silver melt value for this coin is $20.91. This melt value is calculated from the current silver spot price of $27.04 per ounce.
The 1795 Draped Bust dollar with the uncentered bust is worth around $1,350 in about good condition. In good condition the value is around $2,250. In very fine condition the value is around $4,750. Uncirculated coins with a grade of MS 60 can sell for around $60,000.
The 1795 Draped Bust dollar with the centered bust is worth around $1,350 in about good condition. In good condition the value is around $2,000. In very fine condition the value is around $5,250. Uncirculated coins with a grade of MS 60 can sell for around $85,000.
Grading System
About good- The coin can be identified.
Good- The bust is outlined but there is no detail. The date is legible and some leaves can be seen.
Very fine- The left side of Liberty's drapery is smooth.
MS 60 uncirculated- There are no signs of wear. The coin has luster, but there may be a few stains, abrasions, or surface marks.
Sources:
The Red Book
See also: