Draped Bust Half Dollar (1796 - 1807)

1 product

The Draped Bust Half Dollar, designed by Robert Scot, is a masterpiece of early American coinage, cherished for its historical significance and elegant design. Introduced in 1796, this series represents a pivotal moment in U.S. numismatic history, featuring two distinct types: the Small Eagle Reverse and the Heraldic Eagle Reverse.

Key Details

  • Designer: Robert Scot
  • Issue Dates: 1796–1807
  • Composition: 89.24% silver, 10.76% copper
  • Diameter: 32.5 mm
  • Weight: 13.48 grams (208.02 grains)
  • Edge: Lettered with FIFTY CENTS OR HALF A DOLLAR
  • Mintages:
    • Small Eagle Reverse (1796–1797): 3,918
    • Heraldic Eagle Reverse (1801–1807): 1,600,787

Design Overview

Type 1: Small Eagle Reverse (1796–1797)

The Small Eagle Reverse is among the rarest and most sought-after designs in U.S. numismatics.

  • Obverse:
    • Features Miss Liberty facing right, with flowing hair tied with a ribbon, and drapery covering her neckline.
    • LIBERTY arcs above, with the date below.
    • Varieties include 15 and 16 stars for 1796, and 15 stars for 1797.
  • Reverse:
    • A small eagle perched on a cloud is encircled by an open wreath.
    • Surrounding inscriptions include UNITED STATES OF AMERICA and the fractional denomination ½.

Collectibility:

  • Rarity: Approximately 200–300 specimens survive across all grades.
  • Condition: Most examples are found in About Good to Very Good condition, with higher-grade pieces being exceedingly rare. Fine to Extremely Fine coins are scarce, and AU or Uncirculated examples are extreme rarities.
  • Significance: This type is considered a cornerstone for advanced U.S. type collectors, often commanding prices in the five-figure range.

Type 2: Heraldic Eagle Reverse (1801–1807)

In 1801, the Heraldic Eagle Reverse replaced the Small Eagle, continuing the Draped Bust obverse.

  • Obverse:
    • Miss Liberty faces right, her hair tied with a ribbon and her gown draped elegantly.
    • Standardized to 13 stars (7 on the left, 6 on the right).
  • Reverse:
    • Inspired by the Great Seal of the United States, the design features an eagle with a shield on its breast, arrows in one talon, and an olive branch in the other.
    • Above the eagle, a scroll bears the inscription E PLURIBUS UNUM, surrounded by an arc of clouds and stars.

Collectibility:

  • Rarity: While not as rare as the Small Eagle type, the Heraldic Eagle series offers several challenging varieties, including the 1806 Knob 6, Stem Not Through Claw variety.
  • Condition: Most specimens range from Very Good to Very Fine, with Extremely Fine coins appearing less frequently. AU and Uncirculated pieces are rare, often displaying light strikes in specific areas.

Why Collect Draped Bust Half Dollars?

  1. Historical Value: These coins reflect the artistry and craftsmanship of America’s early Mint operations.
  2. Rarity: The 1796–1797 Small Eagle reverse is among the most elusive coins in U.S. history, offering a thrilling challenge for collectors.
  3. Design Excellence: The Draped Bust motif exemplifies classical elegance, making it a centerpiece for any collection.

Secure Your Draped Bust Half Dollar at ParadimeCoins.com

At ParadimeCoins.com, we specialize in rare and historic U.S. coinage, including the iconic Draped Bust Half Dollar. Whether you're adding to an advanced collection or acquiring a timeless treasure, our expertly curated inventory ensures authenticity and quality. Start your numismatic journey today!