United States of America 1798 Philadelphia Draped Bust Dollar $5

Coin / United States of America / $5 (Five Dollars) / Draped Bust Dollar / 1798 / Philadelphia

The 1798 Draped Bust Dollar is a notable coin in the history of United States currency, distinguished by its striking design and historical significance. This particular coin, minted at the Philadelphia Mint, is a representation of early American coinage, embodying the artistry of designer Robert Scot. Weighing in at approximately 27 grams and made of 90% silver and 10% copper, this dollar showcases a classic diameter of 40 mm, making it a substantial piece in the hands of collectors. The edge of the coin features a lettered inscription, reading "HUNDRED CENTS ONE DOLLAR OR UNIT," which adds an additional layer of detail and craftsmanship to its design. In terms of its production, the 1798 Draped Bust Dollar was created as a Mint Strike, contributing to a total mintage of 287,536 pieces—an important figure for numismatists assessing rarity and value. This coin symbolizes not only the financial history of the United States but also the artistry that was prevalent in early American minting practices. As with many coins from the late 18th century, the Draped Bust Dollar can vary significantly in grade and collectible value, depending on its condition and historical context. However, its status as part of the Draped Bust series makes it a sought-after item for collectors and historians alike.