Lot 1653
1797 Draped Bust Dollar. 10 stars left, 6 right. PCGS graded EF-40. Nice medium gray with reddish brown toning on both sides, your typical old-silver look of originality in an early silver dollar. Pop 23. (PCGS # 6865) .
When America's new mint director, Henry DeSaussure, took the helm in 1795 it was his ambition to upgrade the Flowing Hair design, which he thought too unseemly for a outward-looking young nation. DeSaussure tapped Gilbert Stuart, an illustrious portrait artist of the day, to fashion a more conservative bust of Liberty. According to Walter Breen, Stuart submitted the Draped Bust design featuring a Mrs. William Bingham in the role of Liberty. The draped bust was put into production late in 1795 and continued through the end of the series, in 1803.
Estimated Value $7,000 - 8,000.
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| Realized $7,475 |
