Draped Bust $2.5
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Spanning 1796 to 1807, the Draped Bust $2.5 catalog contains 11 year-and-mintmark variants. Across the series, the key date is the 1797 Draped Bust $2.5 at just 427 struck and the highest-value variant is the 1796 Draped Bust $2.5 at up to $800,000 in top grade.
Draped Bust $2.5 Mintage by Year
Peak 7KCombined mintage per year across every strike type (circulated, proof, and specimen) and all mintmarks.
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.
Most-collected Draped Bust $2.5 coins on LuckyCoin
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Frequently Asked Questions
- When was the Draped Bust $2.5 minted?
- The Draped Bust $2.5 was minted by United States from 1796 to 1807.
- How many Draped Bust $2.5 coins were minted?
- Across every year and mintmark, approximately 19,487 Draped Bust $2.5 coins were struck.
- What is the Draped Bust $2.5 made of?
- The Draped Bust $2.5 is made of gold (.9167) (.0833 silver and copper), weighs 4.37 grams, and measures 20 mm in diameter.
- How much is a Draped Bust $2.5 worth?
- Value depends on year, mintmark, and condition. Common dates in average circulated condition trade for near face value, while the rarest varieties in top grade can fetch up to $800,000. See individual year pages for grade-by-grade estimates.