Description
A scarce and highly collectible early Draped Bust Dollar, this 1797 9x7 Stars, Large Letters example represents one of the most coveted issues in the formative federal silver series. Struck at the Philadelphia Mint, this 1797 dollar is the 9x7 Stars, Large Letters variety, corresponding to the Bolender-1, Bowers Borckardt-73 attribution for the issue. The obverse features Robert Scot’s elegant Draped Bust portrait of Liberty facing right, her hair tied with ribbon, surrounded by the distinctive arrangement of 9 stars to the left and 7 to the right, with the date below. On the reverse, a small eagle is perched upon clouds within an open wreath, encircled by the legend UNITED STATES OF AMERICA, with the denomination expressed as 1 DOLLAR. The Large Letters reverse is immediately recognized by the bold, more expansive lettering in the peripheral legend, a defining characteristic eagerly sought by specialists in early dollars. Certified PCGS VF20, this piece displays the honest wear and dignified appearance expected of a pleasing mid-grade survivor from the nation’s earliest silver dollar coinage. Design elements remain well outlined, with Liberty’s portrait and the reverse eagle clearly defined for the grade. The surfaces exhibit the natural medium silver-gray coloration and subdued patina that collectors prize in early federal silver, supporting the coin’s originality and longstanding preservation. Problem-free for the level and visually balanced, it offers the kind of wholesome eye appeal that is increasingly elusive in this heavily collected series. The 1797 Draped Bust Dollar occupies an important place in American numismatics, produced during the infancy of the United States Mint, when silver dollar coinage was limited and irregular. These early dollars were never made in large quantities by later standards, and surviving examples are avidly pursued both as type coins and as essential components of date and variety sets. Within the 1797-dated issues, the 9x7 Stars, Large Letters variety is especially significant, and all such coins are attributed to the Bolender-1, BB-73 marriage, making it a distinct and readily identifiable entry in the early dollar corpus. With a mintage of just 7,776 pieces, the 1797 dollar is a low-production early federal issue with enduring rarity in all grades. PCGS reports a population of only 60 examples in VF20, with 405 graded finer, a figure that underscores both its scarcity and the intense competition for certified, problem-free specimens. Demand for early Draped Bust dollars remains consistently strong, driven by type collectors, early dollar specialists, and advanced students of the Bowers Borckardt and Bolender classifications. In collectible circulated grades such as this, the issue offers an appealing balance of rarity, affordability relative to higher-grade pieces, and unmistakable historical presence. An important survivor of America’s earliest silver dollar coinage, this 1797 9x7 Stars, Large Letters Draped Bust Dollar combines historic significance, recognized variety status, and solid collector appeal in a single certified offering.