1796 $1 Small Date, Sm Let Draped Bust Dollar PCGS XF40

Offered here is a 1796 Draped Bust Silver Dollar, one of the most historically important early U.S. federal issues and a cornerstone type for serious collectors. Struck at the Philadelphia Mint, this example is the desirable “Small Date, Small Letters” major variety and is certified by PCGS in Extremely Fine 40, a grade that balances strong collectability with honest early-American character. “Small Date, Small Letters” is one of three major varieties that comprise the entire 1796 dollar production, alongside “Small Date, Large Letters” and “Large Date, Small Letters.” While the date size can be subtle without side-by-side comparison, the reverse lettering difference is more dramatic and is best confirmed using the listing photos. According to the PCGS Population Report, the Small Date, Small Letters is the most frequently encountered of the three major varieties, yet it remains a scarce early dollar with enduring demand across all grades. In XF40, the design elements show clear, attractive definition for the type, with pleasing medium-gray to silver toning typical of a coin that has survived more than two centuries. The surfaces display natural circulation wear consistent with the grade, offering the classic look collectors seek in an early Draped Bust dollar. Key details Date/Type: 1796 $1 Draped Bust Dollar Mint: Philadelphia Variety: Small Date, Small Letters Certification: PCGS XF40 PCGS Cert #: 5080009 PCGS Population (grade): 44 PCGS Population (higher grades): 67 PCGS Coin #: 79920 Collector context The PCGS Condition Census for the 1796 Small Date, Small Letters Silver Dollar reportedly ranges from AU55 to AU58, with none in Mint State; the finest certified by PCGS include four coins at AU58. This makes a wholesome, problem-free XF example an appealing and practical acquisition for collectors building a high-quality early dollar set without pursuing the very top of the census.