1796 Draped Bust Half Dime. LM-1. Rarity-3. LIKERTY. AU-50 (PCGS).This is an exceptionally well produced and preserved half dime that will have great appeal for high grade type collectors and advanced early half dime enthusiasts. Both sides exhibit remarkable sharpness of detail that includes crisp delineation between Libertys hair tresses on the obverse and emerging definition to the eagles breast feathers and head features on the reverse. Other design elements are sharp to full, with the denticulation uniformly bold around both sides. We anticipate keen interest in this richly toned, attractive example among discerning bidders. The plate coin for the type in the 2017 "Mega Red" edition of the <em>Guide Book</em>. The popular 1796 is the first of only two half dime years that feature the Draped Bust, Small Eagle design type. Two die marriages are known with Logan-McCloskey 1, represented here, corresponding to the LIKERTY <em>Guide Book</em> variety. This name is derived from the use of a broken B punch that gives that letter the appearance of a K. While not as rare as LM-2, LM-1 is scarce in its own right with most survivors well worn, if not also impaired. Retaining nearly complete striking detail and a pleasingly original appearance, this AU would serve as a highlight in any cabinet.
