rememberingsomer.com has estimated the 1796 Draped Bust Quarter value at an mean of $6312.00, one in certified mint state (MS+) could be precious $93,750. (see details)...
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Type: Draped Bust 4 minutes 1 Year: 1796 Mint Mark: No mint note Face Value: 0.25 USD Total Produced: 6,000 > Silver Content: 90% Silver Weight: 0.1808 oz. Silver Melt: $4.4 Value: together a stormy estimate of this coins value you deserve to assume this coin in average condition will be valued at somewhere around $6312.00, when one in certified mint state (MS+) problem could bring as lot as $93,750 in ~ auction. This price does not reference any standard coin grading scale. So once we to speak average, we mean in a similar condition to other coins authorize in 1796, and also mint state an interpretation it is certified MS+ by among the peak coin grading companies. >.
Additional Info: This was the last silver- coin imposed by the 1792 mint act. These coins are tough to find and also worth a tiny fortune in peak condition.
Numismatic vs Intrinsic Value:This coin in poor condition is still precious $6307.6 more than the intrinsic value from silver content of $4.4, this coin is thus more valuable come a collector than to a silver bug. Coins worth much more to a collectors might be a much better long term investment. If the steel prices fall you will certainly still have actually a coin the a numismatic would desire to buy.
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Current silver- melt value* because that a 1796 No mint mark is $4.4 and also this price is based off the existing silver point out price that $24.32 This value is dynamic so bookmark it and comeback for an approximately the minute silver melt value.
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**When we say the 6,000, of these coins were created or minted in 1796 this number doesn"t constantly match the actual circulation count for this coin. The number come native the United says mint, and also they don"t reflect coins that have actually been melted, destroyed, or those that have never been released. Please keep that in mind.
***Price subject to traditional supply and also demand laws, dealer premiums, and other sector variations. Prices represent previous values fetched at digital auctions, legacy sales, certified coins being offered by dealers, and user submitted values. While we wholeheartedly try to give ethical price approximates there are plenty of factors besides appearance, steel content, and rarity that aid make increase the coins all at once value.Call or visit your regional coin dealer for an ext information.
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