1800 DRAPED BUST H10C, LIBEKTY, LARGE EAGLE MS64
LIKERTY VARIETY. JUST 5 GRADED HIGHER AT PCGS. CAC.
1800 DRAPED BUST - TYPE 2 H10C
In 1800, the Library of Congress was founded after the idea was proposed by James Madison as far back as 1783. Shortly after John Adams took office, he signed the Act of Congress that, among other motions, called for the appropriation of $5,000 to purchase books to start the library. This 1800 half dime recalls the birth of what is currently the second largest library in the world after the British Library.
The United States commenced Half Dime production in 1794 with the introduction of Robert Scot's Flowing Hair series. The Mint employed this design only through 1795, which means that the Flowing Hair Half Dime is important not only as the premier series of this denomination, but also as a short-lived, two-year type. Apparently, the federal government did not break down the mintage of this series by date, instead reporting a figure of 86,416 pieces for the type as a whole. Based on extant populations, however, numismatic scholars estimate that only 7,756 of these coins were dated 1794, with the balance of the mintage comprised of 1795-dated examples.