Coin

1 Dollar "Draped Bust Dollar" Heraldic eagle (1802) — United States

United States • 1802 • KM# 32, PCGS# 6876, 6879-6881, etc.

1 Dollar "Draped Bust Dollar" Heraldic eagle (1802) — United States

Overview

A silver 1 Dollar coin of the United States, known as the 'Draped Bust Dollar' with a Heraldic Eagle. The obverse features a draped bust of Liberty facing right, surrounded by 13 stars. The reverse depicts a heraldic bald eagle with outstretched wings, holding a ribbon in its beak, arrows in the left talon, and an olive branch in the right talon. This specific record is for the 1802 Restrike Proof, which has an extremely limited mintage of 5 pieces. The coin was designed by Robert Scot and features a lettered edge.

Specifications

Country
United States
Year
1802
Composition
Silver (.8924) (.1076 copper)
Weight
26.96 g
Diameter
39 mm
Mint
United States Mint of Philadelphia
Shape
Round
Technique
Milled
References
KM# 32, PCGS# 6876, 6879-6881, etc.
Issuer
United States

Design details

Obverse

Draped bust right, 13 stars around

Reverse

Heraldic Eagle: Bald Eagle with wings outstretched, facing left holding ribbon in beak, arrows held in left talon and olive branch in right talon; with shield on chest and 13 stars above

Collector insights

  • Design heritage: Robert Scot is credited as the designer for the Standard circulation coins series. Designer attribution helps distinguish this issue from later restrikes or unofficial copies that reuse only the motif.
  • Struck at: United States Mint of Philadelphia. Confirm the mintmark on your example before comparing prices — same-year issues from different mints often trade at very different levels.
  • Low mintage: Only 5 pieces reported. This puts the issue into key-date territory for its series; expect steep grade-based price scaling and a higher counterfeit risk — provenance and third-party grading matter.
  • Precious metal content: Silver (.8924) (.1076 copper) — bullion value provides a price floor, and many circulated examples were melted during the 1979–1980 and post-2010 silver spikes, reducing the surviving population.
  • Catalogue reference: Listed as KM# 32, PCGS# 6876, 6879-6881, etc.. Use this reference code when cross-checking auction archives, dealer inventories, and standard printed catalogues.

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