Estimated grade. Sold by B. Max Mehl Jun '41 price realized $75
David Akers (1975/88): The mintage of the 1796 is only about one-fourth less than that of the 1795, but this date is twice as rare as the 1795 in all grades. Extremely Fine and Almost Uncirculated specimens are the average quality available but a small number of uncirculated pieces are also known, several of which have prooflike surfaces and are sufficiently well struck that they may have been presentation pieces. Although the 1795 admittedly has the added popularity from being the first year of issue, in my opinion the 1796 is very undervalued in comparison.
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