United States of America 1804 Philadelphia Draped Bust $2.5 $2.50

Coin / United States of America / 1804 / Philadelphia / Draped Bust $2.5 / $2.50 (Two and a Half Dollars)

This exquisite coin is an iconic example of early American coinage, known as the Draped Bust $2.50, minted in 1804 at the Philadelphia Mint. Designed by the renowned engraver Robert Scot, this coin showcases a beautiful depiction of liberty, a defining element of early U.S. coin design. The coin features a diameter of 20 mm and weighs 4.37 grams, composed of a rich alloy containing 91.7% gold and 8.3% copper, which gives it a warm luster and remarkable durability. The edge of the coin is reeded, providing a tactile contrast to its polished surfaces, a common feature in coin design that helps prevent counterfeiting. A limited mintage of only 500 pieces elevates the rarity of this coin, making it a prized possession for collectors and a significant artifact in the history of American currency. In terms of financial value, the Draped Bust $2.50 from 1804 is not only a currency worth $2.50 but also a collector's item whose value can extend far beyond its face value, depending on its condition and provenance. Overall, this coin represents a unique confluence of artistry, history, and precious metal, encapsulating the spirit of the early United States and the evolving world of coinage during that era.