Tag: 1796

1796 Draped Bust Dime NGC AU58

Sirhc

1796 was the first year of dime (or disme, per nomenclature of the era) production at the First Philadelphia Mint. The Draped Bust and Small Eagle motifs originated on 1795 silver dollars. According to often repeated numismatic legend, the Draped Bust model was Philadelphia socialite Ann Willing Bingham, indirectly through paintings by noted artist Gilbert Stuart. Guide Book  credit for the design, however, is assigned to Chief Engraver Robert Scot.
On the dime, the Small Eagle only lasted through 1797, and was replaced by the Heraldic (or Large) Eagle in 1798. The Draped Bust obverse continued until 1807, except the star count was reduced to 13 beginning in 1798. Technically, the 1796 15 Stars is a single-year design subtype, since the 1797 issue has either 16 (JR-1) or 13 (JR-2) stars.

In hand this example is lighter in hue and more lustrous than seen in our images. Listed at $19,800 in the CDN CPG and $21,000 in the NGC price guide.

Offered at $18,890 Delivered

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(800) 257.3253
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1796 Draped Bust Quarter NGC XF45

Sirhc

Rare, First and Only Year of Type

The Small Eagle quarter ranks among the rarest silver types. It was struck only in 1796, due to the preference of bullion depositors for the dollar, the largest silver denomination. The mintage was a meager 6,146 pieces. The Spanish Colonial two reales coins were also widely available in the late 18th century and the first half of the 19th century in America and elsewhere, worth 25 American cents and widely accepted as an alternative to the U.S. quarter. The fledgling U.S. Mint, with its limited bullion deposits and meager capacity, could scarcely compete with the pervasive Spanish Colonial coins. NGC has graded only 195 examples (including re-submissions) in all grades combined. 

Offered at $46,000 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253
9:00 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check.
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.

1796 Draped Bust Dime NGC MS65

Sirhc

Attractive Gem, First Year

Extremely well struck and (while not apparent in our images) attractively toned in shades of violet, turquoise and mint-green. The 1796 Draped Bust, Small Eagle dime is always in demand from type collectors and series specialists, alike. Aside from its status as the first year of the denomination, it garners special attention as the first year of a two-year design type, since the Small Eagle reverse was retired after 1797. NGC population of only 8 with 10 (including one PL) graded higher. Listed at $115,000 in the CDN CPG, $125,000 in the NGC price guide and $80,000 in Trends.

Offered at $64,650 delivered

We do business the old fashioned way, we speak with you.

(800) 257.3253 
8:30 AM – 5:00 PM CST M-F
Private, Portable, Divisible Wealth Storage

Price is based on payment via ACH, Bank Wire Transfer or Personal Check. 
Major Credit Cards Accepted, add 3.5%
Offer subject to availability.