Price Guide for 1796 Half Dime Variants

This guide presents price ranges for 1796 Half Dime variants from three sources: eBay sales, third-party auctions, and PCGS guides. Values are shown for various conditions, allowing collectors to compare across different market segments. Price estimates may vary between sources, especially for rarer variants.

1796 Half Dime Likerty (Regular Strike)

  • 3rd Party Price
    Circulated: $10.50 - $32,400.00
    Uncirculated: $90.00 - $411,250.00
  • eBay
    Circulated: $750.00 - $13,500.00
  • PCGS Price Guide
    Circulated: $1,000.00 - $25,000.00
    Uncirculated: $27,500.00 - $500,000.00

1796/5 Half Dime (Regular Strike)

  • 3rd Party Price
    Circulated: $810.00 - $20,700.00
    Uncirculated: $13,200.00 - $345,000.00
  • eBay
    Uncirculated: $14,170.00
  • PCGS Price Guide
    Circulated: $1,000.00 - $32,500.00
    Uncirculated: $35,000.00 - $275,000.00

1796/5 Half Dime LM-2 (Regular Strike)

  • 3rd Party Price
    Circulated: $1,410.00 - $25,850.00
    Uncirculated: $12,000.00 - $45,000.00
  • PCGS Price Guide
    Circulated: $1,000.00 - $32,500.00
    Uncirculated: $35,000.00 - $275,000.00

1796 Half Dime LM-1, Likerty (Regular Strike)

  • 3rd Party Price
    Circulated: $705.00 - $15,275.00
    Uncirculated: $13,000.00 - $58,750.00
  • eBay
    Circulated: $1,455.00 - $2,895.00
  • PCGS Price Guide
    Circulated: $1,000.00 - $25,000.00
    Uncirculated: $27,500.00 - $500,000.00

Design and Specifications of the 1796 Half Dime

The 1796 Half Dime is a significant early American coin, representing the first year of the Draped Bust design for this denomination. It was minted during the formative years of the United States Mint, established just four years earlier in 1792. This coin holds immense historical importance as one of the earliest silver coins produced by the young nation, reflecting the economic and political aspirations of the newly formed United States.

Weight 1.35 grams
Diameter 16.5 mm
Mint Marks None (all minted in Philadelphia)
Composition 89.24% silver, 10.76% copper
Obverse Design Draped Bust design, designed by Robert Scot
Reverse Design Small Eagle design, designed by Robert Scot

Rarity Factors and Value Drivers

The condition of the 1796 Half Dime has a dramatic impact on its value. Due to its age and limited mintage, high-grade specimens are exceptionally rare and valuable. Coins in circulated conditions (Good to Very Fine) are still highly sought after, but those in About Uncirculated to Mint State grades can command premium prices.

The strike quality is particularly important for this issue, as many examples show weakness in certain areas due to primitive minting techniques. Coins with strong, full strikes are especially desirable. Original luster, when present, significantly enhances value, as does attractive, natural toning.

Philadelphia, No Mint Mark

Mintage: 10,230

Rarity Scale: Very Rare

Circulation Status: Limited Circulation

Preservation Rarity: Extremely rare in grades MS65 and above, with only a handful known to exist in such high grades

Varieties Errors: LIKERTY variety (LIK instead of LIB in LIBERTY)

Market Demand: High, due to its historical significance and rarity

Several factors can further increase the value of a 1796 Half Dime:

1. Die varieties: The LIKERTY variety, where LIBERTY is misspelled as LIKERTY on the obverse, is particularly valuable.

2. Provenance: Coins with a documented history of ownership by notable collectors can command a premium.

3. Original surfaces: Specimens that have avoided cleaning or other alterations are highly prized.

4. Early die state: Examples struck early in the die's life, showing sharp details, are more valuable.

5. Historical significance: As one of the earliest U.S. silver coins, it holds great appeal for collectors of early American history.

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