History of South America

What is the value of a 1797 US silver dollar?

The value of a 1797 US silver dollar can vary significantly depending on its condition, rarity, and presence of mintmarks. Here's a general overview of the value range for this coin:

1. Draped Bust Dollar:

- Good to Fine condition: $1,500 - $2,500

- Very Fine condition: $2,500 - $5,000

- Extremely Fine condition: $5,000 - $10,000

- Uncirculated condition: $10,000 and above

2. Flowing Hair Dollar:

- Good to Fine condition: $1,800 - $3,000

- Very Fine condition: $3,000 - $6,000

- Extremely Fine condition: $6,000 - $15,000

- Uncirculated condition: $15,000 and above

Additional Factors Affecting Value:

Mintmarks: The mintmark location can impact the value of the 1797 silver dollar. Coins with "H" (Hebert Mint) or "O" (New Orleans Mint) mintmarks are generally more valuable. For example, a Flowing Hair dollar with an "O" mintmark in Extremely Fine condition can be worth upwards of $25,000.

Rarity: Certain date and mintmark combinations of the 1797 silver dollar are rarer than others. Rarer coins, especially those in higher grades, can command significantly higher prices.

Condition: The overall condition of the coin, including surface preservation, luster, and strike quality, plays a crucial role in determining its value. Coins with original mint luster and minimal wear can be significantly more valuable.

It's important to consult with a reputable coin dealer or numismatic expert to obtain an accurate appraisal of the value of your 1797 US silver dollar. Additionally, third-party grading services like Numismatic Guaranty Corporation (NGC) or Professional Coin Grading Service (PCGS) can provide authentication and grade the coin, which can further influence its market value.