1798 $1 Flowing Hair Dollar ANACS EF40 Details Graffiti Cleaned

Coin Details: Year: 1798 Denomination: $1 Mint: Philadelphia (no mintmark, as it was the only operating U.S. Mint at the time). Design Type: Draped Bust Dollar (not “Flowing Hair”). Composition: 89.24% Silver, 10.76% Copper Weight: 26.96 grams Diameter: 39-40 mm Designer: Robert Scot Design Features: Obverse: Features a portrait of Liberty, facing right, with flowing hair tied with a ribbon. The word “LIBERTY” is inscribed above, with stars and the date below. Star configuration varies, either 13 stars (original states) or 15 stars (brief variation). Reverse: Depicts a heraldic eagle inspired by the Great Seal of the United States, with a shield on its chest. The eagle holds an olive branch (symbolizing peace) and arrows (symbolizing readiness for war). “UNITED STATES OF AMERICA” encircles the design. Condition and Details: Grade: ANACS EF40 Details Details Grade: The coin’s overall condition is solid, but issues like cleaning and graffiti prevent it from receiving a straight numerical grade. Graffiti: Refers to intentional marks, scratches, or engravings made on the coin, often by early owners. Reduces numismatic appeal and can significantly impact value. Cleaning: Indicates that the coin was cleaned to remove tarnish or dirt, often resulting in a loss of original surface patina. Cleaning is a detractor in terms of market value but does not erase the coin’s historical significance. Rarity: Mintage: Approximately 327,536 Draped Bust Dollars were minted in 1798. Survival Rate: Fewer than 5% are estimated to have survived, with many melted or lost over time. Varieties: Multiple die varieties exist for this year, including: Large Eagle Reverse: More common. Small Eagle Reverse: Scarcer (used only in 1798). Star and lettering variations also affect rarity and desirability.