Lot 1615
1796 Draped Bust Dime. PCGS graded AU-58. Boldly struck, problem free and beautifully toned. Much more attractive than most Unc's. This is JR-2 with a low date in which the 6 is equidistant between the drapery and the border denticles; the fifteenth star touches the drapery. Very boldly made and of exquisite character whose originality is as plain as day. If you require something special for your collection, and have been searching for this Draped Bust, Small Eagle rarity for years and years, why not spring for a little firmer price and capture this 1796 for your collection (PCGS # 4461) .
The Mint Act of April 2, 1792 authorized the Mint to strike Cents, Half Dimes, Dimes, Quarters, Half Dollars, Silver Dollars, Quarter Eagles, Half Eagles, and Eagles. Most of these denominations, however, had to wait several years before their first examples emerged from the First Philadelphia Mint. In the case of the Dime, this historical achievement came in 1796 with the delivery of 22,135 pieces of the Robert Scot-John Eckstein Draped Bust, Small Eagle design. This type has long been prized by numismatists as it was supplanted by the Draped Bust, Large Eagle series after only two years of production (1796 and 1797).
Estimated Value $10,000 - 12,500.
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| Realized $15,525 |
