Draped Bust Half Cent Values

How Much Draped Bust Half Cents are Worth: Draped Bust Half Cent Values & Coin Price Chart

Year
Mint
Variety
Designation
VG-8
F-12
VF-20
EF-40
AU-50
U-60
MS-63
MS-64
MS-65
MS-66
MS-67
1800
P
Plain 4- Stemless Wreath
Red-brown
200
300
400
500
600
700
800
900
1000
1200
1100

Overview

The Draped Bust Half Cent, minted from 1800 to 1808, is one of the earliest U.S. coins and remains a cornerstone of early American numismatics. Designed by Robert Scot, the obverse features a left-facing Liberty with flowing hair and a draped bust, while the reverse displays a wreath encircling “HALF CENT” with “UNITED STATES OF AMERICA” around the rim. Collectors highly value Draped Bust Half Cents for their short production period, historical significance, and key date rarities, making them a highly sought-after series.

History of the Draped Bust Half Cent

The Draped Bust Half Cent was introduced in 1800, replacing the Liberty Cap Half Cent. Designed by Robert Scot, this coin mirrored the Draped Bust Large Cent and other contemporary denominations, aligning U.S. coinage with neoclassical artistic trends.

During its production, the series underwent two notable modifications:

  • 1800-1808 Wreath Reverse – The most common design, featuring a simple laurel wreath surrounding “HALF CENT.”
  • Lettered Edge vs. Plain Edge (1800-1808) – Some early years featured a lettered edge (“TWO HUNDRED FOR A DOLLAR”), while later issues had a plain edge.

The series ended in 1808 and was replaced by the Classic Head Half Cent in 1809 as part of continued design improvements.

Collecting Draped Bust Half Cent Coins

Collectors seek Draped Bust Half Cents for their scarcity, design variations, and connection to the early U.S. Mint. Many were struck on low-quality copper planchets, making high-grade examples extremely rare.

Notable key dates and varieties include:

  • 1800 (First-Year Issue) – Highly desirable for historical significance.
  • 1802/0 Overdate – A rare variety where “1802” was struck over an 1800 die, making it one of the most sought-after Draped Bust Half Cents.
  • 1804 Draped Bust Half Cent – One of the scarcest and most valuable issues in the series.
  • 1806 Large 6 & Small 6 Varieties – Features two distinct numeral sizes for the “6” in the date.
  • 1808 Final-Year Issue—This is the last Draped Bust Half Cent, marking the transition to the Classic Head design.

Additionally, collectors seek original problem-free examples, as many surviving coins exhibit wear, corrosion, or planchet flaws.

Tips for Collectors

  • Where to Find Them: Draped Bust Half Cents are rare and typically found at high-profile auctions, numismatic conventions, and reputable dealers.
  • Key Details to Watch For: Look for sharp Liberty hair details, well-defined wreath elements, and clear date numerals.
  • Proper Storage: Store high-grade Draped Bust Half Cents in certified holders or temperature-controlled safes to protect them from oxidation.

Most Valuable Coin

The 1802/0 Draped Bust Half Cent is one of the rarest and most valuable early U.S. coins, with only a few known specimens. Additionally, the 1804 issue is highly sought after due to its scarcity.

Investment Potential

The Draped Bust Half Cent is a top-tier investment coin due to its historical importance, rarity, and collector demand. Coins such as the 1802/0, 1804, and high-grade 1808 final-year issues continue to appreciate. Well-documented pedigrees and problem-free examples command the highest premiums.

Key Dates and Varieties

Collectors and investors often seek the following key dates and varieties:

  • 1800 First-Year Issue – Highly collectible due to its historical significance.
  • 1802/0 Overdate – One of the most desirable and valuable overdates in the series.
  • 1804 Draped Bust Half Cent – A key rarity with a low survival rate.
  • 1806 Large 6 & Small 6 Varieties – Features two different numeral sizes in the date.
  • 1808 Final-Year Issue – The last Draped Bust Half Cent before transitioning to the Classic Head design.

Notable Errors

  • Overdates (e.g., 1802/0) – Features repunched date numerals, indicating die reuse.
  • Weak Strikes – Many Draped Bust Half Cents have faint details due to minting inconsistencies.
  • Planchet Cracks & Flaws – Early copper refining techniques led to surface defects on many coins.
  • Clashed Dies – Some examples show faint design impressions from the reverse appearing on the obverse due to die clashes.

Design Features

The Draped Bust Half Cent, designed by Robert Scot, features:

  • Obverse: A left-facing Liberty with flowing hair and a draped bust inspired by classical European portraiture.
  • Reverse: A laurel wreath encircling “HALF CENT,” with “UNITED STATES OF AMERICA” around the rim.

Key design modifications include:

  • 1800-1808 Wreath Reverse: The most common reverse design throughout the series.
  • Lettered Edge vs. Plain Edge: Some early issues featured a lettered edge, later changed to a plain edge.

Conclusion

 

The Draped Bust Half Cent is a cornerstone of early American coinage, offering collectors a direct link to the origins of the U.S. Mint and early copper coin production. With its low mintage, extreme rarity, and historical significance, this series remains among U.S. history’s most prestigious and valuable coins. Understanding its rarities, condition challenges, and market trends is essential for collectors and investors seeking to acquire Draped Bust Half Cents.