Lot 2885
1799 Draped Bust Dollar. EF-45. Toned on both sides. Light hairlines, but nevertheless displaying a wealth of detail for this early bust silver coin. A beautiful specimen that shows exceptionally sharp detail on both sides. 1799 coincides with the year America's first president, George Washington died. It is a fitting reminder of the coinage system adopted under his administration with the assistant of Washington's vice president Thomas Jefferson, who designed American monetary system on a decimal basis. The "dollar" or Unit as it was known, became the standard. In its turn, the dollar was based on an average weight Spanish 8 real silver coin, then widely circulating in the Americas. The edge lettering on this 1799 dollar reads HUNDRED CENTS ONE DOLLAR OR UNIT with ornamentation between the words.
Estimated Value $3,000 - 3,300.
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| Realized $3,220 |
