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butchkaliva December 31, 2024

What is a 1793 dollar coin?

The 1793 dollar is the first silver dollar coin struck by the United States Mint. It was designed by Robert Scot and engraved by John Reich. The obverse of the coin features a bust of Liberty facing right, with the word "LIBERTY" above and the date "1793" below. The reverse of the coin features an eagle perched on a rock, with the words "UNITED STATES OF AMERICA" around the edge. The 1793 dollar is a significant coin in American numismatics, as it is the first coin to bear the dollar denomination.

The 1793 dollar was struck in silver and has a diameter of 27 mm. The weight of the coin varies, as some coins were struck on planchets that were too thick or too thin. The average weight of a 1793 dollar is 26.0 grams. The 1793 dollar was struck at the Philadelphia Mint, and it is estimated that between 1,758 and 1,800 coins were minted.

The 1793 dollar is a valuable coin, and it is eagerly sought by collectors. The value of a 1793 dollar depends on its condition and rarity. A well-preserved 1793 dollar can sell for tens of thousands of dollars.

The 1793 dollar is an important coin in American history, and it is a valuable collectible. If you are interested in collecting coins, the 1793 dollar is a great coin to add to your collection.

1793 dollar coin

The 1793 dollar coin is a significant coin in American numismatics, as it is the first coin to bear the dollar denomination. Here are six key aspects of the 1793 dollar coin:

First silver dollar coin struck by the United States Mint
Designed by Robert Scot and engraved by John Reich
Features a bust of Liberty on the obverse and an eagle on the reverse
Struck in silver and has a diameter of 27 mm
Estimated mintage of between 1,758 and 1,800 coins
A valuable coin sought by collectors

These six key aspects provide a comprehensive overview of the 1793 dollar coin. The coin is a significant piece of American history and a valuable collectible. If you are interested in collecting coins, the 1793 dollar is a great coin to add to your collection.

1. First silver dollar coin struck by the United States Mint

The 1793 dollar coin is the first silver dollar coin struck by the United States Mint. This is a significant fact for several reasons.

First, the 1793 dollar coin represents the beginning of a new era in American coinage. Prior to 1793, the United States had not produced any silver dollar coins. The 1793 dollar coin was the first coin to bear the dollar denomination, and it set the standard for all future silver dollar coins.

Second, the 1793 dollar coin is a symbol of American independence. The coin was struck at a time when the United States was still a young nation. The 1793 dollar coin was a way for the United States to assert its independence from Great Britain and to establish its own currency.

Third, the 1793 dollar coin is a valuable collectible. The coin is rare and it is in high demand among collectors. The 1793 dollar coin is a valuable investment and it is a great way to learn about the history of American coinage.

In conclusion, the 1793 dollar coin is a significant coin for several reasons. It is the first silver dollar coin struck by the United States Mint, it is a symbol of American independence, and it is a valuable collectible.

2. Designed by Robert Scot and engraved by John Reich

The 1793 dollar coin is a significant coin in American numismatics, and its design is an important part of its history. The coin was designed by Robert Scot and engraved by John Reich, two of the most important figures in the early history of the United States Mint.

Scot's design
Robert Scot was a Scottish-born engraver who worked at the United States Mint from 1793 to 1824. He was responsible for designing many of the early coins produced by the Mint, including the 1793 dollar. Scot's design for the 1793 dollar is simple but elegant, featuring a bust of Liberty on the obverse and an eagle on the reverse.
Reich's engraving
John Reich was a German-born engraver who worked at the United States Mint from 1792 to 1833. He was responsible for engraving many of the early coins produced by the Mint, including the 1793 dollar. Reich's engraving is known for its precision and detail, and his work on the 1793 dollar is considered to be one of the finest examples of coin engraving.
Collaboration
Scot and Reich's collaboration on the 1793 dollar coin is a testament to the skill and artistry of the early American engravers. The coin is a beautiful and enduring work of art, and it is a valuable part of American history.
Legacy
The 1793 dollar coin is a reminder of the important role that art and design play in our lives. The coin is a beautiful object, and it is also a valuable historical artifact. The 1793 dollar coin is a testament to the skill and artistry of the early American engravers, and it is a reminder of the importance of art and design in our lives.

3. Features a bust of Liberty on the obverse and an eagle on the reverse

The 1793 dollar coin features a bust of Liberty on the obverse and an eagle on the reverse. These two images are iconic symbols of the United States, and their presence on the coin is a reflection of the importance of these symbols to the nation.

Liberty
Liberty is a fundamental value of the United States. It is the idea that all people are born free and equal, and that they have the right to live their lives as they choose. The bust of Liberty on the 1793 dollar coin is a reminder of this important value.
Eagle
The eagle is another important symbol of the United States. It is a majestic bird that is known for its strength, courage, and freedom. The eagle on the 1793 dollar coin is a reminder of the strength and independence of the United States.

The bust of Liberty and the eagle are two powerful symbols of the United States. Their presence on the 1793 dollar coin is a reminder of the values that are important to the nation, and of the strength and independence of the United States.

4. Struck in silver and has a diameter of 27 mm

The 1793 dollar coin was struck in silver and has a diameter of 27 mm. These two characteristics are important for several reasons.

First, the silver content of the coin gives it a high intrinsic value. Silver is a precious metal, and its value has been recognized for centuries. The silver content of the 1793 dollar coin makes it a valuable collectible, and it also gives the coin a certain degree of liquidity.

Second, the diameter of the coin is important for several reasons. First, the diameter of the coin determines its weight. The 1793 dollar coin has a diameter of 27 mm, which gives it a weight of 26.0 grams. This weight is consistent with the weight of other silver dollar coins, and it makes the coin easy to handle and use.

Third, the diameter of the coin also determines its size. The 1793 dollar coin has a diameter of 27 mm, which is slightly smaller than the diameter of a modern silver dollar coin. This smaller size makes the 1793 dollar coin more compact and easier to carry.

Overall, the fact that the 1793 dollar coin was struck in silver and has a diameter of 27 mm is significant for several reasons. These two characteristics give the coin a high intrinsic value, a consistent weight, and a compact size.

In conclusion, the connection between "Struck in silver and has a diameter of 27 mm" and "1793 dollar coin" is significant because these two characteristics give the coin a high intrinsic value, a consistent weight, and a compact size. These characteristics make the 1793 dollar coin a valuable collectible and a convenient form of currency.

5. Estimated mintage of between 1,758 and 1,800 coins

The estimated mintage of the 1793 dollar coin is between 1,758 and 1,800 coins. This relatively low mintage is one of the factors that makes the coin so valuable and sought-after by collectors.

Rarity
The low mintage of the 1793 dollar coin makes it a rare coin. This rarity is one of the main reasons why the coin is so valuable. Collectors are willing to pay a premium for rare coins, and the 1793 dollar coin is no exception.
Historical significance
The 1793 dollar coin is not only rare, but it is also historically significant. It is the first silver dollar coin struck by the United States Mint, and it is a symbol of American independence. The coin's historical significance adds to its value and makes it a popular collectible.
Investment potential
The 1793 dollar coin is a good investment for several reasons. First, the coin is rare and historically significant, which makes it a desirable collectible. Second, the coin is made of silver, which is a precious metal that has a long history of value. Third, the coin is in high demand among collectors, which means that it is likely to appreciate in value over time.

Overall, the estimated mintage of between 1,758 and 1,800 coins is a significant factor that contributes to the value and desirability of the 1793 dollar coin. This coin is a rare, historically significant, and valuable collectible that is likely to appreciate in value over time.

6. A valuable coin sought by collectors

The 1793 dollar coin is a valuable coin sought by collectors. This is due to a number of factors, including its rarity, historical significance, and silver content.

The 1793 dollar coin is rare, with an estimated mintage of between 1,758 and 1,800 coins. This rarity is due to the fact that the coin was only produced for a short period of time, and many of the coins that were minted were melted down for their silver content. As a result, the 1793 dollar coin is a highly sought-after collectible, and it can command a high price on the market.

The 1793 dollar coin is also historically significant. It is the first silver dollar coin struck by the United States Mint, and it is a symbol of American independence. The coin was designed by Robert Scot and engraved by John Reich, two of the most important figures in the early history of the United States Mint. The coin's design features a bust of Liberty on the obverse and an eagle on the reverse, two iconic symbols of the United States.

In addition to its rarity and historical significance, the 1793 dollar coin is also valuable because it is made of silver. Silver is a precious metal that has been used to make coins for centuries. The silver content of the 1793 dollar coin gives it a high intrinsic value, and it also makes the coin a good investment. Silver is a safe haven asset, and it tends to hold its value during periods of economic uncertainty.

Overall, the 1793 dollar coin is a valuable coin sought by collectors due to its rarity, historical significance, and silver content. The coin is a popular collectible, and it is also a good investment.

FAQs about the 1793 Dollar Coin

The 1793 dollar coin is a significant coin in American numismatics. It is the first silver dollar coin struck by the United States Mint, and it is a symbol of American independence. The coin is rare, historically significant, and valuable.

Question 1: What is the value of a 1793 dollar coin?

Answer: The value of a 1793 dollar coin depends on its condition and rarity. A well-preserved 1793 dollar coin can sell for tens of thousands of dollars.

Question 2: How many 1793 dollar coins were minted?

Answer: The estimated mintage of the 1793 dollar coin is between 1,758 and 1,800 coins.

Question 3: Who designed the 1793 dollar coin?

Answer: The 1793 dollar coin was designed by Robert Scot and engraved by John Reich.

Question 4: What is the composition of the 1793 dollar coin?

Answer: The 1793 dollar coin is struck in silver.

Question 5: Where can I buy a 1793 dollar coin?

Answer: 1793 dollar coins can be purchased from coin dealers and auction houses.

These are just a few of the most frequently asked questions about the 1793 dollar coin. If you have any other questions, please feel free to contact a coin dealer or numismatic expert.

Summary of key takeaways:

The 1793 dollar coin is a valuable and historically significant coin.
The value of a 1793 dollar coin depends on its condition and rarity.
The 1793 dollar coin was designed by Robert Scot and engraved by John Reich.
The 1793 dollar coin is struck in silver.
1793 dollar coins can be purchased from coin dealers and auction houses.

Transition to the next article section:

The 1793 dollar coin is a fascinating and important piece of American history. If you are interested in learning more about this coin, there are a number of resources available online and in libraries.

Conclusion

The 1793 dollar coin was designed by Robert Scot and engraved by John Reich. The coin features a bust of Liberty on the obverse and an eagle on the reverse. The coin is struck in silver and has a diameter of 27 mm. The estimated mintage of the coin is between 1,758 and 1,800 coins.

The 1793 dollar coin is a valuable coin sought by collectors. The value of a 1793 dollar coin depends on its condition and rarity. A well-preserved 1793 dollar coin can sell for tens of thousands of dollars.