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1798 5 Stripes

Dollars · Draped Bust Dollars · 1795–1804
Variety
Weight26.96 g
Diameter39.5 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 327,536 Combined mintage for all 1798 varieties
EdgeLettered (HUNDRED CENTS ONE DOLLAR OR UNIT)
Alignment↑↓ Coin
Composition89.24% Silver, 10.76% Copper
DesignerRobert Scot
Collector's Key IDCK-4472

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Varieties & References

Other recorded varieties for 1798:

External references

About this coinHistory

The 1798 5 Stripes Draped Bust Dollar is a documented Heraldic Eagle reverse variety where the shield displays 5 vertical stripes rather than the more common 6 stripes seen on other 1798 Heraldic Eagle reverses. The 1798 5 Stripes belongs to the broader 1798 Heraldic Eagle production sequence and is one of the documented shield-design varieties within the 1798 combined 327,536-piece annual mintage. The 1798 5 Stripes carries the standard 13 obverse stars and the Robert Scot engraving of the Gilbert Stuart obverse portrait, with the unusual 5-stripe shield reflecting specific reverse-die preparation during the early Heraldic Eagle production.

Strike quality on the 1798 5 Stripes varies across the specific die-marriage production. Most surviving examples grade VG to VF from heavy circulation in the late 1790s and early 1800s, with PCGS, the Professional Coin Grading Service, and NGC populations clustering at F and VF. Mint State examples are genuinely rare. Die marriages are catalogued by the Bowers-Borckardt (BB) attribution system, with the 5 Stripes variety representing specific BB die marriages distinct from the standard 6-stripe Heraldic Eagle issues.

The 1798 5 Stripes is a popular variety pickup for collectors documenting the Heraldic Eagle reverse-die variations and trades at meaningful premiums above the standard 1798 Heraldic Eagle baseline at every grade. The variety pairs with the 1798 10 Arrows and the various Knob 9 / Pointed 9 date-punch varieties as the matched 1798 specialist-variety set. Authentication concerns center on cleaning, polishing, edge damage, and counterfeit detection; certified slabs from PCGS or NGC with BB die-marriage attribution noted on the holder are essential at any meaningful price level. Modern Draped Bust Dollar collecting interest concentrates on the Heraldic Eagle die-variety subsets (1798-1803), the Small Eagle type-set entries (1795-1798), and the famous 1799 99 over 98 overdate and 1800 AMERICAI variety pickups that anchor specialist collecting. For the 1798 Heraldic Eagle die-variety context, see the Draped Bust Dollar series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF)
EF-40 Extremely Fine (EF)
AU-50 About Uncirculated (AU)
MS-60 Uncirculated (MS)
MS-63 Choice Uncirculated (MS)
Frequently Asked QuestionsFAQ
How many 1798 5 Stripes Draped Bust Dollars were minted?
327,536 were struck (Combined mintage for all 1798 varieties).
What is a 1798 5 Stripes Draped Bust Dollar made of?
89.24% Silver, 10.76% Copper, weighing 26.96 g.
What is the melt value of a 1798 5 Stripes Draped Bust Dollar?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1798 5 Stripes Draped Bust Dollar a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.