USA 1 dollar Draped Bust Small Eagle 1796

USA, Philadelphia
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Rarity

Rare

Attributes of Coins

RegionUSA
Denomination1 dollar
Krause numberKM# 18
Mintage72,920
MetalSilver 0.893
diameter39 mm
weight26.96 g
Obverse:
coin obverse image
Liberty
People
Star
Creators:
Robert Scot
LIBERTY
Reverse:
coin reverse image
Bird
Wreath
Creators:
Robert Scot
UNITED STATES OF AMERICA

Introduction of Coins

The reported mintage for silver dollars during 1796 was 79,920, but many of these may have been struck from useable dies dated 1795 of either the Flowing Hair or Draped Bust type. The Mint was not too particular about such things, as it was hard pressed to produce coins in a timely manner and in the number desired. There's reason to believe that the 1796-dated coins were struck beyond that year and as late as 1798. This conclusion is based on die-state evidence, which provides a more reliable indicator of the sequence in which each die marriage was coined, regardless of the date those coins bear.  Some six die marriages are known for 1796-dated silver dollars, these comprised of four obverse dies paired in various combinations with four reverses. Since it was the practice of the mint's engravers to apply as many stars to the obverse as there were states in the growing nation, the 15 stars seen on all four obverse dies indicate that these were created prior to Tennessee's June 1, 1796 admission as the 16th state. Die marriages BB-63 and BB-66 are somewhat scarce, while BB-62 and BB-64 are extremely rare. The remaining two marriages are common enough to serve as good type coins.Read More