1799 Draped Bust Large Cent

The exact mintage for the 1799 Draped Bust Large Cent is unknown. It is generally assumed that it was included in the delivery reports for 1798, which indicated 1,841,745 pieces struck for circulation. The usual estimate for the number of pieces dated 1799 is approximately 30,000, which is represented by an estimated population of less than 1,000 survivors.

The year is represented by only two major varieties and three different die combinations. The varieties listed in the Red Book at “9 over 8” and “normal date”, with the former variety being the scarcer and slightly more valuable.

High grade examples of the 1799 Large Cent are very rare, as most examples are well circulated and are porous, corroded or otherwise damaged. An example of the “9 over 8” variety graded EF-45 sold for $368,000 at an auction in September 2009.