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HALF DIME 1800-1805 Draped Bust, Heraldic Eagle

Front - Half dime coin Back - Half dime coin

Description

Perhaps a note of surprise over the relatively few number of coins struck. This small number has caused all Half Dimes of this era to be scarce and found primarily in lower ranges of condition, from About Good to Very Good. Not yet referred to as the Nickel, half dimes of 1800-1805 continued the Draped Bust obverse used earlier in 1796-1797, except that the stars beginning in 1800 have been standardized to seven left and six right. The reverse is of the Heraldic Eagle style adopted from the Great Seal of the United States and used beginning in the preceding decade on certain other silver denominations. At the center is an eagle with a shield on its breast, holding in its beak a ribbon inscribed E PLURIBUS UNUM and grasping in its talon a bundle of arrows and an olive branch. Above the eagle is an arc of clouds under which is a group of stars. UNITED STATES OF AMERICA surrounds. No mark of denomination or value appears on the coin.

Fine specimens are not easy to locate, Very Fine pieces are still more elusive, and Extremely Fine coins are rare. Strictly Uncirculated pieces are extremely rare. Those that do come on. The market are apt to be dated 1800. Uncirculated specimens dated 1801, 1802, and 1803 (no pieces were coined in 1804), and 1805 are exceedingly rare or nonexistent. Nearly all known specimens exhibit a degree of light striking in one area or another. Such striking characteristics are to be expected, and a numismatist seeking a perfectly struck, extremely sharp example in a high grade is apt to never encounter such a coin!

Valuation

The 1802 Half Dime is a prime rarity. Although, the lack of production makes any coin of these dates a rare find.
COIN NAME
HALF DIME 1800-1805 Draped Bust, Heraldic Eagle
DESIGNED BY
Robert Scot
ISSUE DATE
1800-1805
COMPOSITION
0.8924 part silver, 0.1(Y76 part copper
DIAMETER
16.5 mm
WEIGHT
20.8 grains
EDGE
Reeded
BUS MINT
124,270
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.