1796 Draped Bust Silver Dollar. BB-61, B-4. Rarity-3. Small Date, Large Letters. Fine-12 (PCGS).;Otherwise golden-silver surfaces reveal swaths of russet patina around the peripheries of this interesting early dollar variety. On this obverse die the engraver used smaller sized digits for the date than seen on another obverse die used in this year, hence the Small Date designation. Similarly the reverse die shows larger sized letters than commonly seen on silver dollars of this date, hence the Large Letters refers to those in the legend UNITED STATES OF AMERICA. The Draped Bust, Small Eagle type was issued from late 1795 through early 1798, which created this distinctive type coin. All are scarce and in high demand.;From the Graywood Collection.