1798 1C Draped Bust Large Cent PCGS AU-55 S-158,

Category: 1C Draped Bust Large Cent
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The 1798 Draped Bust Large Cent, specifically the Sheldon S-158 variety, is an important artifact of early American numismatics. PCGS has graded only 19 examples of the S-158. Of those, there are 3 in AU55 with just 2 finer. As part of the Draped Bust series (1796-1807), it embodies the young republic's quest for stable currency, transitioning from the earlier Liberty Cap design to a more elegant portrait.

The obverse features Liberty's draped bust facing right, engraved by Robert Scot, with flowing drapery across her shoulders. Distinct to the "First Hair Style," it showcases softer curls without the prominent additions of later hubs, including a subtle curl below and left of the ear. The reverse depicts an elegant wreath encircling "ONE CENT," with "UNITED STATES OF AMERICA" encircling the entire wreath.

This S-158 example, graded AU-55 by PCGS, retains sharp details and original luster, highlighting the Mint's craftsmanship amid production challenges like die wear. Its rarity rating of R4 underscores its appeal to collectors of transitional U.S. coinage, evoking the Federal era's economic optimism.

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