1798 "Draped Bust" "Heraldic Eagle" U.S. Silver Dollar

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1798 "DRAPED BUST" with "HERALDIC EAGLE" U.S. Silver Dollar This is a very rare 1798 "Draped Bust - Heraldic Reverse" Silver Dollar. In our opinion this coin grades EF-40, and we have included very detailed pictures (from multiple angles and lighting) so that you can easily self-grade. THIS COIN TRENDS AT $5,000.00 ! THIS IS A NO RESERVE AUCTION!! WE HAVE VERIFIED THE AUTHENTICITY OF THIS COIN WITH SEVERAL RESPECTED PROFESSIONAL GRADERS, AT RECENT SHOWS AND WITH AN ANACS REPRESENTATIVE. WE GUARANTY THE AUTHENTICITY OF THIS COIN. WE HAVE 100% POSITIVE FEEDBACK - WE PACKAGE, SHIP, AND INSURE YOUR COIN FOR FREE. HISTORY: Eventually, serious coin collectors discover the original series of United States Silver Dollars. After the First Continental Congress was established in the mid 1780's, America needed a currency. The first pennies ("Flowing Hair" Liberty Chain/Wreath Large Cents) were issued in 1793. T was no paper currency until well into the 1800's. A penny went a long way back then, but a larger unit of currency was needed. The very first United States Dollar was minted in 1794 (good luck finding one of those!). The 1794 coin was the "Flowing Hair w/ Small Eagle reverse". This design continued in 1795. Later that same year (1795) the first of the "Draped Bust" Silver Dollars was minted, but still maintaining a Small Eagle reverse. read more