The 1801 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: $16.81
The US minted the 1801 silver dollar with no mint mark. Each coin was minted out of the Philadelphia mint.
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 $16.81 as of May 23, 2022. This melt value is calculated from the current silver spot price of $21.74 per ounce.
The 1801 silver dollar is worth around $1,050 in good condition. In very fine condition the value is around $2,500. In extremely fine condition the value is around $4,250. Uncirculated coins with a grade of MS 60 can sell for around $29,500.
There was a proof restrike and two proof coins are known to exist. The value for each coin is around $650,000 in MS 60 uncirculated condition.
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.
Extremely fine- Liberty's drapery and hair are completely visible.
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