United States of America 1796 Philadelphia Draped Bust $2.5 $2.50

Coin / United States of America / 1796 / Philadelphia / Draped Bust $2.5 / $2.50 (Two and a Half Dollars)

The coin you are inquiring about is a Draped Bust $2.50 piece, minted in Philadelphia in 1796. This historic coin is composed of 91.7% gold and 8.3% copper, weighing approximately 4.37 grams and featuring a diameter of 20.00 millimeters. Designed by the renowned engraver Robert Scot, the coin reflects the artistry and craftsmanship of early American coinage. As a piece of currency from the United States of America, it holds a denomination of $2.50 and is characterized by its reeded edge—a common feature in many coins to deter counterfeiting. With a relatively limited mintage of just 963 coins, the 1796 Draped Bust $2.50 is a rare and sought-after item for collectors and numismatists alike. The obverse design typically features a draped bust of Lady Liberty, while the reverse often displays an eagle, symbolizing strength and freedom. Given its age, rarity, and historical significance, this coin is an exceptional addition to any collection and comes with a rich background that reflects the early years of the United States and its financial system.