1803 Draped Bust Cent - 100/000 Fraction

Coin Details

Auction Record

$71,875 MS64 09-16-2008 Goldberg Auctioneers

Description

The 1803 Draped Bust Cent - 100/000 Fraction is a cent from the Philadelphia Mint, belonging to the Draped Bust Cents 1796-1807 series. The U.S. Mint produced 3.1 million examples, making this ranked 2nd of 7 mint variants by mintage, with 16% of production. The obverse features Liberty facing right with draped bust and ribbon-bound hair, designed after a Gilbert Stuart portrait and the reverse displays a wreath enclosing ONE CENT and fraction 1/100. Produced during the earliest years of the United States Mint, when the young republic was establishing its monetary system and coinage traditions. Coined at the Philadelphia facility, the nation's original mint that has operated continuously since its 1792 founding. Estimated market value ranges from $186 to $2.2K depending on grade and condition. Struck in copper, weighing 10.89 grams, 28 mm in diameter, with a plain edge. Cataloged as PCGS #911501.