The 1802 Draped Bust Silver Dollar Proof Restrike is a remarkable coin that blends historical significance with modern minting techniques. Here's an overview of this unique piece:
Post-Civil War Era: The Draped Bust Silver Dollar series, minted from 1795 to 1804, holds a special place in American numismatics.
Coinage Act of 1864: These coins were struck during the formative years of the United States Mint and are highly coveted by collectors for their historical importance and exquisite design.
Seated Liberty Design: The obverse of the coin features a depiction of Lady Liberty, her bust draped in flowing fabric, facing right. This iconic design, attributed to artist Gilbert Stuart, exudes classical elegance and attention to detail.
Thirteen stars encircle Liberty's head, symbolizing the original colonies, while the date of mintage is positioned below.
On the reverse side, an eagle with outstretched wings is depicted, perched upon a heraldic shield. The eagle holds an olive branch and a bundle of arrows in its talons, symbolizing peace and preparedness for war, respectively.
Above the eagle's head is the inscription "UNITED STATES OF AMERICA," while the denomination "1 DOLLAR" is placed below.
A Proof Restrike refers to a coin struck using the original dies but at a later date than the original minting. In the case of the 1802 Draped Bust Silver Dollar, Proof Restrikes were produced using the original dies after the initial production of the series ceased in 1804.
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