1797 Draped Bust Dollar Value

In the current market, a 1797 Draped Bust Dollar changes hands for roughly $53.00 at the low end and $2,471 at the top, and its metal content alone is worth $28.24 as of 2026-06-01 See the grade table below for exactly where your coin falls.

Public domain image (struck or printed before 1926). Click to enlarge.

1797 Draped Bust Dollar value by grade

1797 Draped Bust Dollar value by grade
GradeEstimated value
Melt value floor(metal content, 2026-06-01)$28.24
Good (G-4)$53.00 to $77.50
Very Good (VG-8)$67.00 to $99.00
Fine (F-12)$86.50 to $127
Very Fine (VF-20)$120 to $177
Extremely Fine (XF-40)$180 to $265
About Uncirculated (AU-50)$264 to $388
Mint State (MS-60)$408 to $600
Choice Unc (MS-63)$720 to $1,059
Gem Unc (MS-65)$1,680 to $2,471

Estimated retail range, updated 2026-06-15. Estimates are modeled from mintage rarity and metal content, not auction records. Actual sale prices vary with certification, eye appeal and market timing.

Current 1797 Draped Bust Dollar value

In worn but collectible condition (Good-4), a 1797 Draped Bust Dollar starts around $53.00. From there, value climbs with every grade step: a gem Mint State example (MS-65) can reach $2,471. Most coins found in old collections fall somewhere between Very Fine and About Uncirculated, the middle rows of the table above.

1797 Draped Bust Dollar specifications

Series
Draped Bust Dollar
Year
1797
Mint mark
None (Philadelphia)
Mintage
Not recorded
Composition
89.2% silver, 10.8% copper
Weight
26.96 g
Diameter
40 mm
Edge
Lettered HUNDRED CENTS ONE DOLLAR OR UNIT
Designer
Robert Scot
Silver content
0.77370 troy oz

The missing mint mark, explained

Look for a letter and you will not find one. The 1797 Draped Bust Dollar is a Philadelphia product, and the main mint did not sign its work at this time. On branch-mint examples the mark sits none, all were struck at Philadelphia.

What makes the 1797 Draped Bust Dollar valuable

Official mintage figures for the 1797 Draped Bust Dollar are not well established. The museum-documented specimens behind our specifications provide the physical reference points for the issue, and the market prices it on observed scarcity.

Every 1797 Draped Bust Dollar contains 0.7737 troy ounces of pure silver, currently worth $28.24. That intrinsic value is a hard floor under the price: no matter how worn the coin, the silver inside cannot be graded away.

Context adds the final layer to the 1797 Draped Bust Dollar. Its most famous issue was never struck in its named year: the 1804 dollar, actually produced in the 1830s for diplomatic presentation sets, is 'the King of American Coins,' with fifteen known examples trading in the millions. Owning this date means owning a piece of that story, and demand for the series as a whole sustains liquidity for every issue in it.

1797 Draped Bust Dollar inscriptions & design

Obverse

********* LIBERTY ****** 1797

bust of Liberty r., draped with ribbon tied in flowing hair

Reverse

UNITED STATES OF AMERICA

eagle within wreath

Measured 1797 Draped Bust Dollar specimens

5 physically measured 1797 Draped Bust Dollar examples in our reference database. Real measured weights and die axes let you authenticate a coin against the 26.96 g, 40 mm minting standard.

Measured 1797 Draped Bust Dollar specimens
SpecimenWeightDiameterDie axisReferences
1797 Draped Bust Dollar #126.728 g39 mm-Bolender.1797.3, Breen.5374
1797 Draped Bust Dollar #226.63 g39 mm-Bolender.1797.1, Breen.5373
1797 Draped Bust Dollar #326.884 g39 mm-Bolender.1797.1, Breen.5373
1797 Draped Bust Dollar #426.874 g38.75 mm-Bolender.1797.3, Breen.5374
1797 Draped Bust Dollar #5---Overton.1797.101/2, Breen.4567

Specifications compiled from documented museum specimens. See our data & methodology page.

Summary: the 1797 Draped Bust Dollar is valued between $53.00 and $2,471 as of 2026-06-15. Estimates combine mintage rarity, key-date status and metal content; they are editorial guidance, not an offer to buy.