The 1795 Draped Bust silver dollars have value as numismatic coins. Keep reading to learn more about these coins.
Type: Draped Bust Dollar
Face Value: $1.00
Composition: 89.24% silver, 10.76% copper
Silver Weight: .7731 oz.
Total Weight: 26.96 grams
Current Silver Bullion Value: $18.62
The US minted the 1795 Draped Bust dollar with no mint mark. Each coin was minted out of the Philadelphia mint.
There are two notable varieties for this coin. There are coins with the centered bust and coins with the uncentered bust. The values are the same for each variety in the circulated condition grades. However the uncentered bust variety can sell for more money in uncirculated condition.
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 $18.62 as of September 29, 2020. This melt value is calculated from the current silver spot price of $24.09 per ounce.
The 1795 Draped Bust dollar is worth around $960 in about good condition. In good condition the value is around $1,850. In very fine condition the value is around $5,100. Uncirculated coins with a grade of MS 60 can sell for around $55,000-60,000.
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.
The Red Book