The 1796 Draped Bust half dollars have value as numismatic coins. Keep reading to learn more about these silver coins.
Specifications
Type: Draped Bust Half Dollar
Year: 1796
Face Value: $0.50
Composition: 89.24% silver, 10.76% copper
Silver Weight: .3866 oz.
Total Weight: 13.48 grams
Current Silver Bullion Value: $11.78
The US minted the 1796 half dollar with no mint mark. Each coin was minted in Philadelphia.
Two different varieties exist for this coin. There is the variety with 15 stars, and the variety with 16 stars. The stars are located on the obverse side of the coin.
| Series | Location | Quantity Minted |
|---|---|---|
| 1796 | Philadelphia | ---- |
Value
This coin in circulated condition is worth a lot more than its weight in silver. But just for reference, the silver melt value for this coin is $11.78. This melt value is calculated from the current silver spot price of $30.48 per ounce.
The 1796 half dollar with 15 stars is worth around $24,500 in about good condition. In good condition the value is around $35,000. In very fine condition the value is around $60,000. Coins in about uncirculated condition can sell for around $165,000.
The 1796 half dollar with 16 stars is worth around $24,500 in about good condition. In good condition the value is around $35,000. In very fine condition the value is around $60,000. Coins in about uncirculated condition can sell for around $170,000.
Grading System
About good- The coin can be identified.
Good- The date and letters are readable. The main designs are outlined but they lack detail.
Very fine- The right side of Liberty's drapery has slight wear. The curls in Liberty's hair are smooth.
About uncirculated- There are slight traces of wear on Liberty's shoulder, hair, and cheek.
Sources:
The Red Book
See also: