1796 No Stars Draped Bust $2.5
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About the Draped Bust $2.5
The Draped Bust $2.5 was struck by the United States Mint between 1796 and 1807. It was the first coin minted under Mint Director Elias Boudinot and is considered to be among the most important coins in American history. The coin depicts a bust of Liberty wearing a drapery on the obverse and a small eagle on the reverse.
The coin is composed of .8924 gold, .1336 silver, and .9740 copper, giving it a mild luster. Its diameter is 24.3 mm, its weight is 4.37 grams, and its edge is lettered. It is considered to be one of the most beautiful small-denomination coins ever produced by the United States Mint, with the obverse portrait of Liberty being a highlight.
The coin was produced in three varieties: the Bust Right, or Capped Bust Right, Small Eagle, and Heraldic Eagle. In total, around 24,457 of the coins were struck, with each variety having its own mintage. Bust Right and Small Eagle varieties were minted from 1796 to 1797 and the Heraldic Eagle varieties from 1804 to 1807.
The Draped Bust $2.5 coin is one of the rarest and most sought after coins in the American numismatic scene with an estimated survival rate of around 1%. It is highly prized by collectors for its historical importance and beauty. Prices for the coins vary greatly depending on the grade and variety with prices for examples in fine grade reaching up to $10,000.
In conclusion, the Draped Bust $2.5 was an important coin in American history and its importance is reflected today in its popularity among collectors. Its beauty and rarity have made it one of the most sought after coins in the numismatic world and prices reflect this.
The 1796 No Stars Draped Bust $2.5 coin, has a total mintage of 963, struck at the Philadelphia, Pennsylvania mint, and engraved by Robert Scot. Made of gold (.9167) (.0833 silver and copper), weighing 4.37 grams, with a diameter of 20 mm, and featuring a reeded edge.
The obverse is capped bust right, 16 stars around. It reads “LIBERTY 1796”. The reverse is heraldic eagle: bald eagle with wings outstretched, facing left holding ribbon with motto in beak, arrows held in talon on left and olive branch in talon on right; with shield on chest and with clouds and 16 stars above. It reads “UNITED STATES OF AMERICA E PLURIBUS UNUM”.
Price by Grade
Sign up to see prices| Grade | Price (USD) |
|---|---|
| 12 | $80,000.00 |
| 20 | $110,000.00 |
| 40 | $170,000.00 |
| 45 | $180,000.00 |
| 50 | $200,000.00 |
| 55 | $250,000.00 |
| 58 | $280,000.00 |
| 60 | $410,000.00 |
| 62 | $800,000.00 |
Specifications
- Type
- Standard circulation coin
- Composition
- Gold (.9167) (.0833 silver and copper)
- Weight
- 4.37 g
- Diameter
- 20 mm
- Edge
- Reeded
- Designer
- Robert Scot
- Currency
- Dollar (1785-date)
Frequently Asked Questions
- What is the mintage of the 1796 No Stars Draped Bust $2.5?
- The 1796 No Stars Draped Bust $2.5 has a total mintage of 963.
- What is the 1796 No Stars Draped Bust $2.5 made of?
- The 1796 No Stars Draped Bust $2.5 is made of gold (.9167) (.0833 silver and copper), weighs 4.37 grams, measures 20 mm in diameter.
- Where was the 1796 No Stars Draped Bust $2.5 minted?
- The 1796 No Stars Draped Bust $2.5 was struck at the Philadelphia, Pennsylvania mint.
- How much is a 1796 No Stars Draped Bust $2.5 worth?
- A 1796 No Stars Draped Bust $2.5 is valued between $80000 and $800000, depending on grade and condition.
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