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EARLY DOLLARS1794–1803 · 1804-DATED DOLLARS

OunceDesk Numismatics

American coinage, researched from the record.

CoinsDollarsEarly Dollars

Early Dollars

1794–1803 · AND THE COIN DATED 1804

The first silver dollar the United States ever struck, the ten-year run that followed it, and the coin dated 1804 that nobody struck in 1804. The Mint counted deliveries rather than dates — and everything difficult about this series follows from that one sentence.

All 15 issues ↓Start with the 1804 dollar →

PLATE 1AMERICAN JOURNAL OF NUMISMATICS, 1897
Two early United States silver dollars side by side, dated 1798 and 1804, from an 1897 comparison plate

The plate that settled it: milling to the edge on the 1798, beading with a plain rim outside on the 1804 — a border style that begins with the 1836 dollar.

JOHN A. NEXSEN · AMERICAN JOURNAL OF NUMISMATICS · JULY 1897 · CC0

REFERENCEevery number opens its own provenance

At a glance

ISSUES IN THE SET

15

DOLLARS DELIVERED, 1794–1805

1,439,517

SOURCES HELD

37

KEY DATES & CROWNS

6

IDENTIFIED SPECIMENS

34

The series, in parts

REFERENCE15 in the set

Issues

Two columns, because they are two different facts. Delivered is what the Mint's registry records being handed to the Treasurer in a calendar year. Dated attribution is what the trade assigns to coins bearing that date. Where the record does not attribute a delivery to a single issue, this table shows no figure rather than a split someone invented.

ISSUES · DELIVERY, ATTRIBUTION, SURVIVALEARLY DOLLARS · 1794–1804
IssueTypeDeliveredDated attributionClassSurvivorsMarriagesDetails
1794Flowing Hair1,7581,758KEY~1501
1795 Flowing HairFlowing Hairno attribution160,295OBTAINABLE—Haseltine listed 13 obverse/reverse combinations for 1795 flowing-hair alone
1795 Draped BustDraped Bust, Small Eagleno attribution42,738OBTAINABLE—Haseltine Nos. 14–15
1796Draped Bust, Small Eagle72,92079,920SCARCE—Small/Large Date × Small/Large Letters — three of four combinations exist
1797Draped Bust, Small Eagle7,7767,776SCARCE~3,000+9
1798 Small EagleDraped Bust, Small Eagleno attribution40,000KEY—13
1798 Heraldic EagleDraped Bust, Heraldic Eagleno attribution287,536OBTAINABLE—the series' largest year — 30 obverses with 17 reverses, per Haseltine
1799Draped Bust, Heraldic Eagle423,515423,515OBTAINABLE~9,3809
1800Draped Bust, Heraldic Eagle220,920220,920OBTAINABLE~5,725at least six distinct pairs described in Chapman's 1907 Stickney catalogue
1801Draped Bust, Heraldic Eagle54,45454,454SCARCE~2,000at least 3, distinguished by reverse leaf position
1802Draped Bust, Heraldic Eagle41,65041,650SCARCE—at least 3 — 2/1 overdate in Narrow and Wide Date, plus Perfect Date
1803Draped Bust, Heraldic Eagle66,06485,634OBTAINABLE—at least 2 — Small 3 and Large 3
1804 Class IDraped Bust, Heraldic Eagle — struck c. 1834–35no attribution8CROWN—one obverse, one reverse
1804 Class IIDraped Bust, Heraldic Eagle — struck c. 1858, plain edgeno attribution1CROWN—the Class I obverse, struck without a collar
1804 Class IIIDraped Bust, Heraldic Eagle — struck c. 1858–60, edge lettered afterwardsno attribution7CROWN—recut obverse, substitute reverse

DELIVERED — OBSERVED / DERIVED, MINT REGISTRY VIA S28 · DATED ATTRIBUTION AND SURVIVORS — ESTIMATED, PCGS COINFACTS, OBSERVED 2026-08-23 · CLASS — OUNCEDESK EDITORIAL

PROTOTYPE SCOPE — 1794 IS THE ONE ISSUE PAGE BUILT TO THE NEW TEMPLATE. THE OTHER FOURTEEN ARE NOT LINKED BECAUSE THEIR NEW PAGES DO NOT EXIST YET; THEY REMAIN LIVE AT THEIR CURRENT URLS UNDER /coins/.

GUIDE

Why the early dollars matter

This is where American money starts. A mint powered by horses, in a building whose authorising statute kept nearly expiring, struck1,439,517 dollars between 1794 and 1805 and then stopped for thirty years. Almost all of them went abroad, one profitable shipment at a time. There is no hoard, no bag, no vault find — when a 1794 dollar appears, it appears alone.

And because the Mint counted deliveries rather than dates, the series also produced the most famous bookkeeping error in the hobby: a coin dated 1804 that was struck thirty years later for a king who did not collect coins.

NOTE.—Not susceptible of exact statement by years of actual date of coin, the registry of annual coinage being of coin delivered by coiners of mints within the given year, and these deliveries not having been invariably completed within the year of the date of coin, as now required.
ANNUAL REPORT OF THE DIRECTOR OF THE MINT, FY1888, P. 209

This series has no hoard. There is no keg, no bag, no vault find, no Randall-style discovery that reset the market for an early dollar date. When a 1794 dollar appears, it appears one at a time. That absence is not a gap in the research — it is the story, and it is why the survival estimates are as low as they are.

BOOKSfree to read, in full

From The American Series

The Early Dollars — An OunceDesk Family Guide — 10 chapters covering exactly this span, built from 32 primary sources. Every citation in it resolves to a document in the Archive.

  • CHAPTER ONEThe First SilverReadA shop with horses, a statute about to expire, and 1,758 coins on an October afternoon — where every early dollar comes from.
  • CHAPTER TWOThe CarouselReadAccepted by count, exported by the crate: the banker's habit that consumed ninety-seven percent of the series.
  • CHAPTER THREEThe Way of SeeingReadNo two dies were ever alike. An 1881 auction catalogue taught the hobby to read them — and the skill has never stopped paying.
  • CHAPTER FOURTwelve MarriagesReadA teaching set, ranked by lesson rather than price: attribute these twelve and you can attribute the series.

All 10 chapters, formats and sources →

THE VOLUME

IMPRINT
The American Series
CHAPTERS
10
SOURCES
32
FORMATS
PDF · EPUB · Web
PRICE
Free

ARCHIVE43 sources · 37 held

The primary record

Grouped as the Archive classes them. A source that OunceDesk holds has a page of its own showing every other place the site uses it.

Mint and government records · 8

Other · 32

Numismatic analysis · 1

Statute · 1

Commercial catalogues and census · 1

  • S31PCGS CoinFacts — Professional Coin Grading ServiceCITED, NOT HELD · LIMITED

ARCHIVE6 registered, unreconciled

Open questions

Where two records disagree, OunceDesk records the disagreement rather than picking a winner. These are not gaps in the research; they are the research.

OPEN QUESTION

1796 — 72,920 (Mint) vs 79,920 (trade)

Every Mint printing the OunceDesk Archive holds gives 72,920, and Venn reported "perfect accord" on the figure in 1927. PCGS carries 79,920 on all three 1796 varieties. A single transposed digit, propagated for a century.

STATUS
Recorded, not reconciled
IN THE RECORD
S3S4S5S8S28S31

OPEN QUESTION

1803 — 66,064 (Mint) vs 85,634 (trade), and the 19,570 fossil inside it

The Mint's own 1803 quarterly abstract sums to 66,064 and the registry agrees. PCGS gives 85,634 for the 1803 Small 3. The gap is 19,570 — precisely the 1804 delivery figure. Somewhere in the twentieth century the 1804 delivery was moved onto the 1803 date and nobody wrote it down. That reassignment is probably physically right and documentarily unsupported, and it is published here as an interpretation, not as a record.

STATUS
The series' most instructive arithmetic — see The 1803 dollar
IN THE RECORD
S1S3S4S31D1

OPEN QUESTION

1799 — 423,515 (every Mint printing) vs 429,515 (Snowden)

The Numismatist noted in 1899 that Snowden gave 429,515 while Dickeson gave 423,515. Every Mint printing this Archive holds gives 423,515.

STATUS
Recorded, not reconciled
IN THE RECORD
S1S3S4S5S6S22

MARKET

What they cost

No melt module on this series, deliberately: the cheapest genuine early dollar trades in four figures and the best-known one has realised $10,016,875. A live silver price is not a floor under any of them, and showing one would imply it was.

Key dates, rarity and auction records →

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