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1796-1807 Draped Bust

Front - 1796 draped bust dollar Back - 1796 draped bust dollar

Description

The Draped Bust obverse appeared first in the 1795 silver dollar. The rarest dates of this series are 1799 and 1804. However, the Draped Bust Cent offers the avid numismatist an even rarer challenge. Many die varieties were used in production, including the blundered die that read 1/000. To find one of these would be truly special and worth as much in conversation as it is in value.

Patterned after a proposal of artist Gilbert Stuart, and translated into the coinage medium by Robert Scot, the style features Miss Liberty with flowing hair, a ribbon behind her head, and drapery covering her plunging neckline. LIBERTY is above, and the date is below. The reverse is similar to the preceding design and consists of an open wreath enclosing ONE CENT with UNITED STATES OF AMERICA and the fraction 1/100 surrounding. Denticles are around the border, although on some varieties they are not particularly well defined.

Valuation

The coin struck with the blundered die can be had for little extra cost. Don't believe it is more rare than the few Uncirculated pieces that are extremely rare indeed.
COIN NAME
1796-1807 Draped Bust
DESIGNED BY
Robert Scott
ISSUE DATE
1796-1807
COMPOSITION
Copper
DIAMETER
29 mm
WEIGHT
168 grains
EDGE
Plain
BUS MINT
16,111,810
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.