Draped Bust dimes are some of the oldest and most valuable coins in U.S. history. Minted between 1796 and 1807, these coins feature a beautiful portrait of Lady Liberty on one side and a heraldic eagle on the other. Their age, limited production, and historical importance make them highly sought after. Some Draped Bust dimes have sold for nearly $1 million at auctions. Let’s take a closer look at five rare Draped Bust dimes that could turn your ordinary coin collection into a life-changing treasure!
1. 1804 Draped Bust Dime
The 1804 Draped Bust dime is one of the rarest coins in this series. Due to gaps in production years, there are very few examples left, especially those in excellent condition. Because of its scarcity, pristine pieces can sell for hundreds of thousands of dollars at auctions.
2. 1796 Draped Bust Dime
The 1796 Draped Bust dime is the first U.S. dime ever made. Only about 22,000 of these coins were minted, making it extremely rare. High-grade examples of this dime can fetch prices close to $1 million, highlighting its significance in American coin history.
3. 1797 Draped Bust Dime
The 1797 Draped Bust dime is notable for its rarity, with only around 25,000 coins made. This year has two unique varieties: a 13-star and a 16-star design on the front. High-grade versions, especially the 13-star variety, can sell for hundreds of thousands and sometimes near $1 million, making it very collectible.
4. 1800 Draped Bust Dime
The 1800 Draped Bust dime is prized for its limited number of high-grade examples. Most of these coins show signs of wear after two centuries of circulation. Collectors appreciate its historical value and intricate design. When found in top condition, it can be valued in the hundreds of thousands of dollars.
5. 1805 Draped Bust Dime
The 1805 Draped Bust dime is particularly valuable when uncirculated. About 120,780 were minted, but only a few high-quality examples exist today. As this coin marks the last years of the Draped Bust series, its desirability has increased. High-condition examples can reach values close to $1 million.
Rare Draped Bust Dimes
| Coin Name | Year of Issue | Mintage (Approx.) | Unique Feature | Estimated Value |
|---|---|---|---|---|
| 1796 Draped Bust Dime | 1796 | 22,000 | First U.S. minted dime | $800,000+ |
| 1804 Draped Bust Dime | 1804 | Very Low | Scarcity and historical rarity | $700,000+ |
| 1797 Draped Bust Dime | 1797 | 25,000 | 13-star and 16-star varieties | $900,000+ |
| 1800 Draped Bust Dime | 1800 | Low | Craftsmanship and scarcity | $650,000+ |
| 1805 Draped Bust Dime | 1805 | 120,780 | Rare uncirculated examples | $750,000+ |
Conclusion
Draped Bust dimes are not just coins; they are pieces of American history. Whether it’s the very first minted dime from 1796 or the scarce 1804 version, owning one of these coins can mean holding a small fortune in your hand. The rarity and historical significance of these dimes make them highly collectible. As their values continue to rise, now might be the perfect time to check your collection for any Draped Bust dimes that could be worth thousands or even millions!
FAQ’s
What is a Draped Bust dime?
A Draped Bust dime is a type of U.S. coin minted between 1796 and 1807. It features a portrait of Lady Liberty on one side and a heraldic eagle on the other. These coins are highly collectible due to their age and historical significance.
Why are some Draped Bust dimes worth so much?
The value of Draped Bust dimes can reach nearly $1 million due to their rarity, limited production, and historical importance. Coins in excellent condition are especially valuable, as fewer survive from that era.
How can I tell if I have a rare Draped Bust dime?
To determine if you have a rare Draped Bust dime, look for specific features such as the year of minting and its condition. Coins from 1796, 1804, and 1797 are particularly sought after. Consulting a coin expert or numismatist can help you assess its value.