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Home › Coins › Draped Bust Half Dime (1796-1805) › 1796 Draped Bust, Sm Eagle Half Dime NGC XF40
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1796 Draped Bust, Sm Eagle Half Dime NGC XF40

1796 Draped Bust, Sm Eagle Half Dime NGC XF40

$8,000

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Grade
XF40
Grading service
NGC
Cert number
—
Certification
—
Date
2026-04-30
Category
—
Sub category
Draped Bust Half Dime (1796-1805)
Dealer
Charleston Rare Coins

Description

A foundational rarity from the earliest years of the United States Mint, this 1796 Draped Bust, Small Eagle Half Dime has been certified by NGC at XF40 (Extremely Fine). Struck at the Philadelphia Mint in the inaugural year of the Draped Bust design, this historic 18th‑century silver piece showcases Liberty’s portrait by Chief Engraver Robert Scot and the charming Small Eagle reverse used only in 1796–1797—making it a key, short‑lived type prized by both type and date specialists. Highlights for collectors: NGC XF40: Crisp detail with light, even wear consistent with the grade; strong devices and pleasing overall eye appeal First‑year issue of the Draped Bust Half Dime and the scarce Small Eagle reverse type Early Philadelphia Mint production from a low-survival era of U.S. silver coinage NGC Census (at time of listing): 7 certified in XF40, with only 5 graded higher—significant condition rarity Why this coin matters: Type and history: As the first Draped Bust half dime and part of the fleeting Small Eagle subtype, 1796 anchors early U.S. silver collections and 18th‑century type sets. Scarcity in higher grade: Authentic, problem‑free examples in true Extremely Fine are elusive; the limited NGC population underscores its desirability and long‑term collectability. Classic early federal design: The delicate wreath and small eagle motif embody the young nation’s artistry before the Heraldic Eagle redesign of later years. This certified 1796 Draped Bust, Small Eagle Half Dime delivers the ideal blend of historical significance, aesthetic appeal, and population‑backed rarity—an exceptional opportunity for advanced collectors and a compelling centerpiece for any early American type set.

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