1796 1C Draped, Reverse of 1795, BN (Regular Strike)

The 1796 1C Draped Bust, Reverse of 1795, BN is a fascinating piece for numismatists and coin enthusiasts, known for its unique historical context and rarity. Minted in Philadelphia, this particular cent showcases the transition in design from the Chain and Wreath cents to the Draped Bust style, which was refined by artist Robert Scot and engraver Henry Voigt. **Rarity and Mintage:** The 1796 1C Draped Bust, Reverse of 1795, BN ('BN' standing for Brown, which indicates the coin’s grade in terms of color) is an uncommon variant due to its transitional reverse design. While the Draped Bust design was introduced in 1796, some coins still utilized the Reverse of 1795 style, characterized by the 15-leaf wreath and single stem. The total mintage of all 1796 large cent varieties is approximately 109,825, making this a sought-after coin for collectors. However, the exact number of the Draped Bust, Reverse of 1795 specimens remains unknown due to inadequate historical record-keeping. **Numismatic Significance:** From a numismatist's perspective, the 1796 1C coin represents a pivotal moment in U.S. coinage design evolution. It reflects the early attempts of the fledgling U.S. Mint to produce coins with refined and attractive designs amidst technological and material challenges. Collectors treasure these coins not only for their rarity but also for their historical significance, representing the establishment of America’s identity in the numismatic world. **Value and Sales:** The value of a 1796 Draped Bust, Reverse of 1795 cent can vary greatly depending on its condition and provenance. High-grade examples, especially those with a good strike and original surfaces, are particularly prized. According to recent sales, these coins can fetch anywhere from several thousand to over $100,000 at auction. For instance, a higher-grade specimen might sell for approximately $90,000 or more, achieved through auction at venues like Stack's Bowers or Heritage Auctions. **PCGS Details:** According to PCGS CoinFacts, the coin is cataloged with the PCGS number 1402. PCGS grades and authenticates coins, providing a reliable indicator of the coin’s condition based on established industry standards. **Historical Context:** The 1796 1C Draped Bust cents were minted during a period of experimentation and innovation at the U.S. Mint. This era saw significant improvements in minting processes and coin design. The choice to refine the Draped Bust style was influenced by contemporary art and fashion, with a portrait believed to be modeled after Philadelphia socialite Ann Willing Bingham. For collectors and historians, owning a 1796 Draped Bust, Reverse of 1795 large cent offers a tangible piece of early American history, embodying the dedication and artistry that defined the nascent United States Mint. As collectors pursue these rare cents, the 1796 Draped Bust cent stands as a testament to the rich fabric of American numismatics.