Bust Dollar (1794-1804)
silver medal Dollars were produced across a timeframe of more than 140 years and are nowadays one of the most democratic types of US coins for collectors. Bust Silver Dollars were the first gear to have ever been minted, and were only produced for a short period of time. This relatively small coinage means that very few of these coins have survived the 200+ year travel to nowadays. Those coins that have survived such a long journey typically survive in sub-par stipulate at best .
For collectors, the goal is constantly to find only those coins that have been well-preserved. When it comes to the Bust Silver Dollar, however, that much is not so elementary .
What You Will Pay for a Bust Silver Dollar
No count the stipulate of the coin, you can expect to pay quite a bit of money for a Bust Silver Dollar. These coins are sol inordinately rare that collectors are merely content to get their hands on these pieces. For Silver Dollars that were produced towards the end of the 1800s and into the 1900s, the price you are going to pay will depend a lot more on the coin ’ s stipulate than it does when you are talking about Bust Silver Dollars .
generally speaking, you can expect to pay anywhere from a few hundred dollars to multiple thousands of dollars for a Bust Silver Dollar. We are talking about coins, so it is important to make it known that while condition may not be the most important aspect of a Bust Silver Dollar, it is something that is always looked at by collectors. If you have a Bust Silver Dollar that is graded to be Uncirculated or extremely fine, you can expect to pay no less than $ 2,000. At times, the price can reach in upwards of $ 20,000 if the coin is nice adequate.
The Most Sought After Bust Silver Dollars
To be blunt, the most sought after Bust Silver Dollar is every Bust Silver Dollar. The argue for this is due to the fact that these coins are so erstwhile, were produced in such limited quantities, and are incredibly unmanageable to come across nowadays. The 1794 Bust Silver Dollar, the first such coin produced, is by far the most search after adaptation of this coin. These pieces are about impossible to find and will run you 5 figures even if it is in extremely poor condition .
When it comes polish to it, the older the coin is the rare and more desirable it will be. As the years passage from the 1790s to the early 1800s, you will notice that the average monetary value of the coin decreases. Regardless of class, however, you will notice that the Uncirculated and extremely fine varieties of Bust Silver Dollars will systematically cost over $ 10,000. It is safe to say that the Bust Silver Dollar is typically reserved for those collectors that are very serious about what they do .
Future Value of Bust Silver Dollars
Bust Silver Dollars already have a high price tag, so it is kind of unmanageable to imagine that these pieces could possibly be any more expensive. The reality of the matter, however, is that the value of these coins has nowhere to go but astir. As it stands now, these coins are already fabulously difficult to find and, frankincense, expensive. As time moves forward, there will only ever be fewer and fewer Bust Silver Dollars on the market, and it is this scarcity that will drive the average ask price up and merely upward.
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For this reason and many more, nowadays is the prison term to act if you want to add one of these coins to your collection. There is no saying how many of these coins will remain on the market 1, 5, or even 10 years from now
|1794 Flowing Hair Dollar||$65,000||$115,000||$200,000||$325,000|
|1795 Flowing Hair Dollar (Two Leaves)||$1,750||$4,350||$13,500||$20,000|
|1795 Flowing Hair Dollar (Three Leaves)||$1,750||$4,100||$12,000||$19,500|
|1795 Flowing Hair Dollar (Silver Plug)||$2,800||$8,500||$27,500||$47,500|
|1795 Draped Bust Dollar (Off Center)||$1,450||$2,150||$10,750||$16,500|
|1795 Draped Bust Dollar (Centered)||$1,450||$3,500||$10,750||$16,500|
|1796 Draped Bust Dollar (Small Letters)||$1,550||$3,800||$10,750||$15,000|
|1796 Draped Bust Dollar (Large Letters)||$1,550||$3,800||$10,750||$15,000|
|1796 Draped Bust Dollar (Large Date)||$1,550||$3,400||$10,500||$15,000|
|1797 Draped Bust Dollar (10 Stars)||$1,550||$3,000||$10,000||$14,500|
|1797 Draped Bust Dollar (9 Stars, Large Letters)||$1,550||$3,100||$10,750||$15,300|
|1797 Draped Bust Dollar (9 Stars, Small Letters)||$1,800||$3,900||$16,250||$32,500|
|1798 Draped Bust Dollar (15 Stars)||$1,750||$3,800||$16,000||$24,500|
|1798 Draped Bust Dollar (13 Stars)||$1,700||$3,500||$15,000||$19,800|
|1799 Draped Bust Dollar||$1,150||$2,550||$4,700||$8,200|
|1800 Draped Bust Dollar||$1,100||$2,500||$4,600||$8,100|
|1801 Draped Bust Dollar||$900||$1,600||$4,900||$8,350|
|1802 Draped Bust Dollar||$950||$1,700||$4,900||$8,100|
|1803 Draped Bust Dollar||$1,000||$1,800||$5,000||$9,000||Source: Red Book|
All Market Updates are provided as a third base party psychoanalysis and do not necessarily reflect the explicit views of JM Bullion Inc. and should not be construed as fiscal advice .