The 1803 Draped Bust Silver Dollar with the "Small 3" variety is a notable coin among early American silver dollars. Here's some information about this coin:1.
Design: The Draped Bust Silver Dollar, designed by Robert Scot, features a bust of Liberty facing right on the obverse, with her hair flowing and draped in a gown. The word "LIBERTY" is inscribed above the bust, and the date is below.
The reverse depicts a heraldic eagle with outstretched wings, holding an olive branch and arrows in its talons, surrounded by a wreath. The denomination "ONE DOLLAR" is inscribed.
1. Small 3 Variety: The "Small 3" variety refers to the size of the numeral "3" in the date on the obverse of the coin. In this variety, the numeral "3" is noticeably smaller compared to the other digits in the date.
1. Historical Context: The 1803 Draped Bust Silver Dollar was minted during a time of expansion and growth in the United States. It was produced at the Philadelphia Mint, which was the primary minting facility of the United States at the time.
1. Collectibility: The 1803 Draped Bust Silver Dollar with the Small 3 variety is highly sought after by collectors due to its rarity and unique characteristics. Examples in good condition with sharp details and minimal wear command significant premiums at auction and in the numismatic market.
Surviving Examples: Despite their age and the challenges of circulation, some examples of the 1803 Draped Bust Silver Dollar with the Small 3 variety have survived to the present day.
However, finding one in good condition can be challenging, as these coins were struck over two centuries ago and were subject to heavy circulation and wear.
1. Authentication and Grading: Due to the value and collector interest in the 1803 Draped Bust Silver Dollar, it's essential for collectors to have any prospective coin authenticated by reputable numismatic experts or third-party grading services to ensure its authenticity and condition.