1797 DRAPED BUST $2.5 AU55

LUSTROUS, VIRTUALLY MARK FREE SURFACES. LESS THAN 30 KNOWN TO EXIST IN ALL GRADES. HIGHEST GRADED AT PCGS IS MS62.
Grading Service: PCGS
SKU: 143846
Cert Number: 45793094
$159,500.00
Bring This Coin to Life
The year 1797 stands as a landmark in the annals of American history, distinguished by two significant events that shaped the nation's political and naval trajectory. On March 4th, John Adams was inaugurated as the second President of the United States, succeeding George Washington. This inauguration was not just a routine change in the country's leadership; it symbolized the first peaceful transfer of power between Presidents in U.S. history, a testament to the strength and resilience of the young nation's democratic principles. Adams' ascension to the presidency, with Thomas Jefferson, the runner-up in the election, becoming Vice President, underscored the complexities and evolving nature of the early American political processes and the nascent electoral system. This event marked a crucial step in the journey of the United States towards establishing a stable and democratic political system, setting a precedent for future transitions of power. In the same year, significant advancements were also taking place in the United States Navy. May 10th witnessed the commissioning of the USS United States, the very first ship of the U.S. Navy. This marked the beginning of America's foray into establishing a strong maritime presence. But the highlight came on October 21st with the launch of the USS Constitution in Boston Harbor. This 44-gun frigate, later affectionately known as ""Old Ironsides,"" would go on to play a crucial role in the Barbary Wars and the War of 1812. Its resilience and strength in battle not only proved the prowess of American shipbuilding and naval strategy but also transformed the USS Constitution into an enduring symbol of American naval heritage. These two distinct yet interconnected events of 1797 – the peaceful transition of presidential power and the strengthening of naval forces – collectively illustrate the United States' determination to establish itself as a stable, democratic, and powerful nation on the global stage.
**Source: PCGS Price Guide. Although we try to be as accurate as possible on the listed population, third party pricing and coin information, information constantly changes. We suggest you verify all information.