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1793-1796 Liberty Cap

Front - 1793 liberty cap cent Back - 1793 liberty cap cent

Description

Be careful with this one, you could be fooled. The Liberty Cap motif that made its appearance in late 1793 and continued through 1796, was the same motif used later on 1794-1797 half cents. The motif features Miss Liberty facing to the right, a liberty cap on pole behind her head, LIBERTY above, and the date below. The reverse displays an open wreath enclosing ONE CENT, with UNITED STATES OF AMERICA and the fraction 1/100 surrounding. 1793 Liberty Cap cents have a beaded border, while those dated from 1794 through 1796 have denticles. The edges of 1793, 1794, and some 1795 pieces are lettered ONE HUNDRED FOR A DOLLAR, while later issues have a plain edge.

It is relatively easy to find a design type in grades Good through Fine in pieces dated 1794,1795 or 1796. The 1793 Liberty Cap cents are much rarer and more expensive. In higher grades, Extremely Fine to Uncirculated, pieces dated 1795 are more readily available than those dated 1794 or 1796, with 1796 cents closely following.

Valuation

Because the number of die varieties were vast in this design, the sharpness of strike, planchet quality, and surface characteristics vary widely among cents of this style, so some searching may be needed to find one that is "just right."
COIN NAME
1793-1796 Liberty Cap
DESIGNED BY
John Gardner
ISSUE DATE
1793-1796
COMPOSITION
Copper
DIAMETER
Average 29 mm
WEIGHT
208 grains (thick planchet), 168 grains (thin planchet)
EDGE
Early pieces lettered ONE HUNDRED FOR A DOLLAR; The later pieces have plain edges.
BUS MINT
1,577,902
PROOF MINT
None

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.