The coin in question is a Draped Bust $2.50 piece, minted in the year 1798, representing an important era in early American coinage. This particular denomination, commonly referred to as a quarter eagle, features the iconic Draped Bust design, which was a significant departure from earlier coinage designs and symbolizes the transition in American numismatics. Produced in limited quantities, with a mintage of only 1,094 pieces, this coin is a rarity and highly sought after by collectors. The absence of a mint mark indicates that it was likely produced at a Philadelphia mint, as this was the primary minting location during that period. While the specific details regarding the coin's diameter, weight, and material are not available, Draped Bust coins are typically struck from gold, embodying both intrinsic value and historical significance. As a $2.50 denomination, this coin serves as a tangible connection to the early United States, a time when the young nation was establishing its identity and economic stability. The Draped Bust design, created by engraver John Eckstein based on artwork by Gilbert Stuart, showcases the artistry and craftsmanship of late 18th-century coin production. Given its age, rarity, and historical value, this 1798 Draped Bust $2.50 coin represents a significant collectible treasure for numismatists and history enthusiasts alike.
