Bill Jones' Dollars
S$1 DRAPED BUST, SMALL EAGLE 1795-98
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||SILVER DOLLARS - DRAPED BUST
||S$1 1795 DRAPED BUST
||NGC AU 53
In September 1795 the United States mint introduced to Draped Bust design to its silver coinage on the silver. The new, more attractive obverse silenced critics who had labeled the Flowing Hair motif as undignified.
The small eagle that had first appeared on the 1794 dated half dimes, half dollars and silver dollars was replaced with a fledging eagle emerging into the world. Modern collectors find this design charming and appropriate because it symbolized a new nation making its first appearances on the world stage. Contemporary critics characterized it as a “turkey buzzard” and this rendering of the national bird was replaced starting in 1798.
The coin above is a very attractive example of the second die pair that was used to strike the 1795 Draped Bust, Small Eagle dollars. The first die part had the bust of Ms. Liberty positioned too far to the left. This one placed her more attractively centered on the obverse. It has been estimated that 1,000 to 1,600 examples of this coin have survived, but this piece is well above average both from the aspect of preservation and beauty.