1798 DRAPED BUST $5 MS64+

LARGE 8, 13 STAR REVERSE. BD-5. LESS THAN 201 SPECIMENS BELIEVED TO EXIST TODAY IN ALL GRADES. JUST TWO COINS GRADED HIGHER AT PCGS. BASS PEDIGREE.
Grading Service: PCGS
SKU: 1197
Cert Number: 46092698
$198,000.00
Please contact Michael Contursi if you are interested in acquiring this coin by calling 949-679-1222 or sending an email to info@arrowandbranchrarecoins.com.

Bring This Coin to Life
In 1798, a significant year in American history, several key events unfolded that shaped the nation's future. One of the most notable was the groundbreaking contract between Eli Whitney and the U.S. federal government. Whitney, already famous for his invention of the cotton gin, undertook a massive project to produce 10,000 rifles with interchangeable parts. This endeavor not only revolutionized the manufacturing process in the United States but also set a precedent for the mass production of standardized weapons, significantly impacting the country's military capabilities and industrial landscape. Another important development in 1798 was the organization of the Mississippi Territory, formed from lands ceded by Georgia and South Carolina. This territorial expansion marked a crucial step in the westward growth of the United States. It reflected the burgeoning American ambition for exploration and settlement, as well as the complex negotiations and disputes over land ownership, particularly with Spain, which claimed some of the same areas. The establishment of the Mississippi Territory was a harbinger of the complicated and often contentious process of American territorial expansion, which would continue to play a central role in the nation's history. The same year also witnessed a landmark in American literature with the publication of Charles Brockden Brown's ""Wieland: or, The Transformation; an American Tale."" Recognized as the first significant American novel, Brown's work was a foray into Gothic fiction, a genre that had been gaining popularity in Europe. This novel not only opened new avenues in American literature but also symbolized the growing cultural independence and unique identity of the United States, differentiating its artistic expressions from European influences. Brown's novel, with its blend of suspense, horror, and psychological complexity, set a precedent for American storytelling and paved the way for future literary achievements.
**CU Value 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.