1796 Draped Bust Silver Dollar: Small Date - Small Letters

The 1796 Draped Bust Silver Dollar with Small Date and Small Letters is a significant and rare coin from the early years of the United States Mint. Here are key details about this particular variety:

Design: – The obverse (front) of the coin features a bust of Liberty with flowing hair, facing right. The word "LIBERTY" is inscribed along the top rim, and the date "1796" is positioned below the bust.

The reverse (back) typically displays an eagle with outstretched wings, holding arrows and an olive branch. The eagle is surrounded by a wreath, and the inscription "UNITED STATES OF AMERICA" and the denomination "ONE DOLLAR" are present.

Small Date and Small Letters Variety: – The Small Date and Small Letters variety refers to the size of the numerals in the date "1796" and the size of the lettering in the inscriptions on the coin. This variety is distinct from other varieties with larger lettering.

Mintage: – The mintage for the 1796 Draped Bust Silver Dollar was relatively low, making it a rare and sought-after coin. Within the 1796 mintage, the Small Date and Small Letters variety is considered particularly scarce.

Historical Context: – The Draped Bust Silver Dollars were among the first silver dollars minted by the United States. The variations in design and lettering reflect the early years of the U.S. Mint's efforts to establish consistent coinage.

Condition and Value: – The value of the 1796 Draped Bust Silver Dollar with Small Date and Small Letters is influenced by factors such as its condition, rarity, and demand among collectors. Coins in better condition typically command higher prices.

Discover precious American coins that are still in circulation and may be found in plain sight by embarking on your own personal treasure hunt inside the world of ordinary economic transactions.

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