United States of America 1802 Philadelphia Draped Bust $2.5 $2.50

Coin / United States of America / 1802 / Philadelphia / Draped Bust $2.5 / $2.50 (Two and a Half Dollars)

The coin in question is an exquisite example of early American numismatics, known as the Draped Bust $2.50 gold piece from the year 1802. Struck at the Philadelphia Mint, this coin features the esteemed design of Robert Scot, who was the Chief Engraver of the United States Mint at the time. The Draped Bust series is notable for its artistic elegance, and this particular example has a denomination of $2.50, crafted from a composition of 91.7% gold and 8.3% copper, giving it a weight of 4.37 grams. It has a diameter of 20mm and features a reeded edge, which adds to its tactile appeal and visual sophistication. With a mintage of only 3,035 pieces, this coin is indeed rare, making it a coveted item among collectors and historians alike. Its year of issue, 1802, places it in a significant period in American history, and the lack of a mint mark signifies it was produced at the main facility in Philadelphia. Overall, the Draped Bust $2.50 gold coin from 1802 exemplifies not only the artistry of its design but also serves as a testament to the rich heritage of coinage in the United States. Such a piece would be a prized addition to any serious collection of American currency.