Tax bites were not usually taken from copper coins -- usually the silver coins. So yours could be pretty rare. I suggest you check out the exonumia.com website and perhaps send pictures of your coin to them.
A 1798 Draped Bust Large Cent is worth in good condition (G4): $110-$200.
Draped Bust Small Eagle, 1797 & 1798 are worth thousands in good condition. In uncirculated condition they are worth many thousands of dollars.
You either possess a Draped Bust, Small Eagle Dollar or a draped Bust, Heraldic Eagle Dollar - both coins were minted by the US Treasury in 1798. Please let me know which coin you have and its mint state and I will be able to relay its present market value.
As with most early American coins varieties exist, and the 1798 Draped Bust dollar has 10 Major varieties and two reverses and all are considered scarce. In general values of circulated examples run from $1,100.00 to more than $80,000.00 depending on grade and type.
As with most early American coins varieties exist, and the 1798 Draped Bust dollar has 10 Major varieties and two reverses and all are considered scarce. Values of authentic circulated examples run from $1,100.00 to more than $80,000.00 depending on grade and type. Many replicas and copy's exist.
For an accurate assessment of value the coin needs to be seen and graded. Most all early U.S. coins have different varieties for the same year issued. The 1798 Draped Bust Large Cent has 4 of them. The value of the coin runs from $30.00 to $100.00 (depending on which variety) in the lowest collectible grade of AG-3 and well over $1,000.00 starting at the VF range of grades. If you can, take it to more than one coin dealer for an idea of actual value. Values given are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewelry or have been cleaned have far less value if any to a collector or dealer.
All large cents were minted in Philadelphia, so they don't carry mint marks. The first cent to have a mint mark was the 1908 Indian Head penny made in San Francisco.
5 dollars
The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.
The first Trade Dollars are dated 1873. If this coin is a Trade Dollar dated 1798 it's counterfeit.
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These large cents are very valuable. Even in poor condition, MS5 or 10 it is still worth about $30. Very good condition would be in the hundreds.