The 1802/1 Silver Dollar Draped Bust ANACS PO-1 represents a fascinating piece of early American numismatic history. This wide date variety is a rare overdate coin that showcases the historical evolution of US mint production during the early 19th century. While this particular example exhibits signs of age and handling, including scratches, plugging, and cleaning, it remains a significant collectible for serious numismatists and history enthusiasts.

Historical Significance

The Draped Bust Silver Dollar series, minted from 1795 to 1804, represents some of the most iconic and historically important coins produced by the United States Mint. The 1802/1 overdate variety is particularly notable, as it reflects the mint's practice of reusing dies from previous years. This specific wide date variant adds another layer of rarity to an already sought-after coin.

Coin Specifications

• Year: 1802/1 (Overdate)
• Type: Draped Bust Silver Dollar
• Date Variety: Wide Date
• Metal Composition: 90% Silver, 10% Copper
• Weight: Approximately 26.96 grams
• Diameter: 39-40 mm
• Mint Mark: No mint mark (Philadelphia Mint)
• Certification: ANACS
• Grade: PO-1 (Poor)
• Condition Notes: Scratched, Plugged, Cleaned

Design and Artistry

The obverse of this coin features Lady Liberty in profile, adorned with a elegant drapery, from which the series derives its name. Her hair flows gracefully, and the inscription "LIBERTY" appears above. The reverse showcases a heraldic eagle with outstretched wings, clutching arrows and an olive branch, symbolizing American strength and hope for peace. The inscriptions "UNITED STATES OF AMERICA" and "ONE DOLLAR" frame the eagle.

About the Overdate

The 1802/1 overdate is a direct result of die reuse efficiency practices at the early US Mint. The "02" was struck over an existing "01" date, creating this distinctive variety. The wide date variant specifically refers to the spacing of the numeral characters. This characteristic makes it highly sought after by collectors focusing on overdates and die varieties.

Condition Assessment

Graded as ANACS PO-1, this coin exhibits the characteristics expected of a piece that has seen considerable circulation and handling. The scratches, plugging (old hole repair), and cleaning are honestly reflected in the grade. Despite these imperfections, the coin retains its historical value and remains a legitimate example of this important overdate variety.

Collector Value

Whether you're an advanced numismatist seeking to complete a Draped Bust collection, a history enthusiast interested in early American coinage, or an investor in precious metals, the 1802/1 wide date offers authenticity and historical significance. This coin serves as a tangible connection to the early Republic era and represents the craftsmanship of America's foundling mint.