1799/8 Draped Bust $1 Large Eagle 13-Stars NGC MS62

The 1799/8 Draped Bust Dollar with the Large Eagle reverse and 13-star obverse is a remarkable example of early United States coinage. This variety, featuring an overdate where the final 9 in the date was struck over an 8, is highly sought after by numismatists. Graded MS62 by NGC, this coin offers a rare combination of historical significance, early mint craftsmanship, and superior condition for its age.

The Draped Bust Dollar series was minted from 1795 through 1804 and is among the most iconic silver coins in U.S. history. Designed by Robert Scot, the obverse presents a portrait of Liberty with flowing hair and a draped bust, facing right. Above her head, the word LIBERTY arches along the rim, with the date positioned at the bottom. On this particular 1799/8 overdate variety, close inspection reveals the underlying digit from the previous year’s die, creating a distinct and collectible feature.

The reverse design is the Large Eagle type, which debuted in 1798. It features a heraldic eagle inspired by the Great Seal of the United States. The eagle holds an olive branch in its right talon to symbolize peace and arrows in its left talon to represent readiness for defense. A banner inscribed with E PLURIBUS UNUM flows above the eagle, and a field of stars sits between the eagle’s head and a halo of clouds. Surrounding this powerful image are thirteen stars, representing the original colonies, arranged in a distinctive pattern.

Struck in 89.24 percent silver and 10.76 percent copper, the coin weighs approximately 26.96 grams with a diameter of 39 to 40 millimeters. This substantial size gives the Draped Bust Dollar an impressive presence both in hand and in a display. The MS62 grade reflects a coin that is well-struck and free from major detracting marks, with attractive surfaces for an example over two centuries old. The luster and detail evident in this piece make it stand out among surviving examples.

The overdate feature found on this 1799/8 dollar is the result of the mint’s frugality and practicality during the early years. Rather than discarding a die prepared for 1798, the engravers repunched it for use in 1799. Such practices were common at the time but have since become a fascinating element for collectors who value varieties and die states.

This coin is more than just a collectible; it is a tangible artifact from the formative years of the United States. In 1799, the young nation was still establishing its identity on the world stage under the leadership of President John Adams. Minting large silver dollars was a statement of stability, economic ambition, and national pride.

Owning a 1799/8 Draped Bust Dollar Large Eagle 13-Stars NGC MS62 connects the collector to a pivotal era in American history. It represents a marriage of artistry, symbolism, and utility that continues to resonate with those who study and appreciate early U.S. coinage.

For advanced collectors, this coin offers both rarity and condition. It is ideal for inclusion in a high-grade type set, an early dollar date-and-variety collection, or as a standalone historic showpiece. Its appeal lies not only in its age and silver content but also in the depth of history it embodies.