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1798 Draped Bust Dollar (Not My Coin)

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Adam590's Avatar
United States
753 Posts
 Posted 12/31/2020  6:53 pm Show Profile   Bookmark this topic Add Adam590 to your friends list Get a Link to this Message Number of Subscribers
Would you consider this a high-quality example of a Draped Bust Dollar? It seems there is luster on this coin--but that there is some rim damage at 12 o'clock on the obverse and just before 6 o'clock on the reverse. There also appears to be weakness in the strike on the reverse, among the starfield. What do you think? Is this a high quality example of an early dollar is it "damaged goods?"


1798-Draped-Bust-Dollar-Not-My-Coin
1798-Draped-Bust-Dollar-Not-My-Coin
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Slider23's Avatar
United States
4469 Posts
 Posted 12/31/2020  8:06 pm  Show Profile   Bookmark this reply Add Slider23 to your friends list Get a Link to this Reply
This coin most likely is in a straight graded holder. The coin has nice strong details except for the poor strike on the reverse stars. I would not rate it as a high quality example. The spots in the neck area are distracting. The coin looks like it has had a market acceptable cleaning as there are a lot of hairlines in the obverse fields. The coin may of had a quick dip. I could get past the rim damage if there were no other issues.
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Ty2020b's Avatar
United States
4680 Posts
 Posted 12/31/2020  8:12 pm  Show Profile   Bookmark this reply Add Ty2020b to your friends list Get a Link to this Reply
I'd be less concerned with the rim and more with the old cleaning. Even though it has started to retone, it very much has that cleaned look to me. I like the die cracks, but the weak strike loses some eye appeal points in my book.

If it straight grades, Id say low AU.
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Collects82's Avatar
United States
1316 Posts
 Posted 12/31/2020  8:49 pm  Show Profile   Bookmark this reply Add Collects82 to your friends list Get a Link to this Reply
The fact that is in the AU realm I'm going to guess puts this into some pretty rare air. How the old cleaning, strikes, spots, and die crack, etc impact what you ultimately define as "high quality" is subjective to you and your goals. Are you in building a truly high end collection where thousands or tens of thousands of dollars flow like butter on the best of the best? Its not the finest 1798 out there by any means, but its probably in the top 10% I'd venture to guess.

I'd bet that most of us would love to own this coin and if we had one, it's likely lesser than this specimen. IMO its an impressive coin and for me to note is problems are just nit picking it when I'd never be in the market anyways.

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Coinfrog's Avatar
United States
94367 Posts
 Posted 12/31/2020  10:14 pm  Show Profile   Bookmark this reply Add Coinfrog to your friends list Get a Link to this Reply
To me, it's a details coin with the rim damage, cleaning and stained areas. But I have no true experience here, and so offer no credible opinion.
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fortcollins's Avatar
United States
3657 Posts
 Posted 12/31/2020  11:41 pm  Show Profile   Bookmark this reply Add fortcollins to your friends list Get a Link to this Reply
If I had the money and didn't fear what my wife would do to me, I'd take it. There are nicer 1798 large eagle dollars out there, for sure, but this isn't a bad one. Not many of them have great eye appeal. It would definitely sell on a bourse floor.

IMHO, the rim damage on the obverse is actually a strike over a planchet weight adjustment filing. The reverse strike is awful. I can't tell what is going on at 6:00 on the reverse. It could be damage, or it could be a blob of crud. This looks like it would straight grade.

Just looking at the wear, this coin hasn't circulated too much. It has luster. The high points show light wear. A lot of the loss of detail is die state (obverse) and strike weakness (reverse). I think it's right on the EF/AU border. With the luster it shows, I'd call it AU-50.

EDIT: My wife just leaned over my shoulder. She said I can call it anything I want as long as I don't call it mine.
Edited by fortcollins
12/31/2020 11:42 pm
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GrapeCollects's Avatar
United States
8938 Posts
 Posted 01/01/2021  02:18 am  Show Profile   Bookmark this reply Add GrapeCollects to your friends list Get a Link to this Reply
Lol FortCollins. Your wife seems more and more funny each grading thread .
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JasonKflo's Avatar
United States
1694 Posts
 Posted 01/01/2021  10:38 am  Show Profile   Bookmark this reply Add JasonKflo to your friends list Get a Link to this Reply
wow nice coin I think.
I think it is market acceptable but could see it being down graded some do to a old cleaning. I dont see a rim issue that was not caused by a planchet issue
Edited by JasonKflo
01/01/2021 5:27 pm
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panzaldi's Avatar
United States
18681 Posts
 Posted 01/01/2021  4:49 pm  Show Profile   Bookmark this reply Add panzaldi to your friends list Get a Link to this Reply
i think its pushing AU53 but probably would come in at 50. if it grades straight its a sweet coin and I cant see why it wouldnt
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