Dollar coins from the period 1789-1797 can be quite valuable to collectors depending on their rarity, condition, and other factors.
Based on the search results, here’s a general overview:
- These are the earliest US silver dollars and are highly sought after by collectors.
- Values range significantly based on condition (graded on a scale of 1 to 70), with uncirculated (mint state) coins being the most valuable.
- Some rare variations and those in high grades can sell for hundreds of thousands or even millions of dollars. For instance, a 1794 Flowing Hair Dollar, B-1, BB-1 MS can be valued from $41,000 to $12,000,000.
- These are also early silver dollars, with the Draped Bust design replacing the Flowing Hair design in 1795.
- Variations exist based on the number and arrangement of stars on the obverse.
- Values are influenced by factors like the year, specific variety, and condition, with uncirculated examples commanding the highest prices.
- For example, a 1795 Draped Bust Dollar, Centered Bust MS has a value range of $950 – $870,000.
- Rarity: Coins with lower mintage numbers or rare varieties tend to be more valuable.
- Condition: Coins in better condition (less wear, fewer marks) are more valuable.
- Grading: Professional grading services, like PCGS and NGC, assess a coin’s condition and assign a grade, which significantly impacts its value.
- The high value of these coins makes them targets for counterfeiters.
- Always be cautious and ideally purchase certified coins from reputable dealers.
- It’s important to be aware that the 2007 George Washington dollar coins, while bearing the dates 1789-1797 as a Presidential series, are modern circulating coins and have a much lower value, typically around face value unless they have specific errors or are in high-grade proof condition.
In conclusion, dollar coins from the 1789-1797 period can be incredibly valuable collectors’ items, especially those in excellent condition and with rarer characteristics. However, it’s crucial to understand the factors that determine their value and to be vigilant against counterfeits.
How much is a 1797 coin worth today?
Good point! 1797 Liberty Coin Value
According to the NGC Price Guide, as of August 2025, a Liberty Coin from 1797 in circulated condition is worth between $1600 and $34500. However, on the open market 1797 Silver Dollars in pristine, uncirculated condition sell for as much as $480000.
Is the George Washington $1 coin rare?
While the George Washington Dollar is not considered particularly rare due to its modern mintage, certain rare presidential dollar coins and error varieties can command significant premiums. Basic uncirculated specimens, however, remain readily available and affordable for beginning collectors.
How to tell if a $1 coin is valuable?
Thanks for asking. U.S. dollar coins worth money are hard to identify at a glance. Their value lies in where they were minted, their historical significance, mintage, precious metal content, whether they are error coins, and their condition.