Draped Bust Half Dime 1796 - 1805

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Collector Quick Guide

Draped Bust Half Dime 1796 - 1805: identify, compare, and value

Use this page to identify details collectors compare, understand value clues, and check current market examples.

Category: Coins & Currency Subcategory: United States Coins Market search: draped half dime

Value Guide Summary

Use this page to understand what this collectible is, what details collectors usually compare, and where to check current market examples.

What collectors look for

Original condition, age, maker marks, materials, completeness, unusual variants, and documented history usually matter most.

How to identify examples

Compare markings, construction details, finish, size, period-correct materials, and known design features before assuming authenticity.

Value clues

Rarity, demand, condition, eye appeal, provenance, and whether similar examples are actively selling can all affect market value.

Red flags

Watch for reproductions, heavy restoration, replaced parts, fantasy pieces, unclear photos, and listings with vague descriptions.

There are two types of the draped bust half dime. Plain Eagle Reverse (1796-1797),released in 1796, the coin's obverse design consists of a draped bust profile of Liberty facing right, with flowing hair secured by a ribbon. The word LIBERTY is above her head, and the date is below the bust. Stars flank each side. The 1796 half dime has eight stars on the left and seven on the right representing the fifteen states, including the new states of Vermont (#14) and Kentucky (#15). In 1797, a fifteen-star variety was struck, and later a sixteenth star (eight right, eight left) was added after Tennessee was admitted to the Union on June 1, 1796. Director DeSaussure's successor, Elias Boudinot, realized that they couldn't go on adding stars ad infinitum, so the last variety of 1797 had only thirteen stars (seven right, six left). From this time on, thirteen stars would be used to symbolize the union of states. The coin's reverse depicts an open wreath surrounding a small eagle that is perched on a cloud. The eagle is smaller than the one on the Flowing Hair design of 1794-95, but it has a fuller breast. The inscription UNITED STATES OF AMERICA surrounds the wreath.

One reason for the paucity and low quality of coinage during this period was the yearly outbreak of yellow fever in Philadelphia during the summer and fall months. The epidemic was particularly ferocious from 1797 through 1804, and during some of these years the Mint was temporarily closed throughout the yellow fever season. Key employee, engraver Joseph Wright and assayer Joseph Whitehead succumbed in 1793, and Mint Treasurer Dr. Nicholas Way was felled in 1797. Official procedures were instituted for closing the Mint in these emergencies, including provisions to pay off the workers and instructions for coining or securing the bullion that remained on hand. All dies were to be packaged and sent to the Bank of the United States for safe keeping.