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HALF DOLLAR 1796-1797 Draped Bust, Small Eagle

Description

No one can explain why so few of this design were ever made. Perhaps it was with the collector in mind. Because there are only 200 - 300 known to still exist, to find any coin in any grade will pose a terrific challenge to anyone trying to complete a collection.

This design is similar to that of the other silver denominations of the 1796-1797 years. The obverse depicts Miss Liberty facing right, with flowing hair and a ribbon behind her head, her plunging neckline covered with drapery. LIBERTY is above, and the date is below. Varieties of 1796 exist with 15 and 16 obverse stars, while those of 1797 have 15 stars. The reverse illustrates an open wreath enclosing a small eagle perched on a cloud. UNITED STATES OF AMERICA and the fraction 1/2 surround.

Most known pieces are in lower grades, About Good to Very Good. Fine pieces are met with less frequency, Very Fine to Extremely Fine coins are rarer still, and coins in AU or better preservation are extreme rarities. Some 1796 half dollars exist with prooflike surfaces.

Valuation

Coins dated 1797 are more rare than those dated 1796. But, if you find either one, know this, there are not enough coins of all grades known to exist, to fill all of the fine collections of the world. If you have one you may have the coin someone has spent the better part of a lifetime searching for.
COIN NAME
HALF DOLLAR 1796-1797 Draped Bust, Small Eagle
DESIGNED BY
Robert Scot
ISSUE DATE
1796-1797
COMPOSITION
0.8924 part silver, 0.1076 copper
DIAMETER
32.5 mm
WEIGHT
208 grains
EDGE
Lettered FIFTY CENTS OR HALF A DOLLAR
BUS MINT
3,918
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.