US 1796 Dime Value

The U.S. 1796 Dime, designed by Robert Scot, was the first dime issued by the United States Mint, featuring Liberty with flowing hair on the obverse and a small eagle on the reverse. Its release marked early American monetary independence, following the Coinage Act of 1792, which established the U.S. Mint. Made of 89.24% silver, the 1796 Dime reflected the nation’s reliance on precious metals to ensure currency stability. This early coinage helped build confidence in the young republic’s financial system as the nation transitioned from state-based currencies to federal coinage.

Politically, the U.S. 1796 Dime debuted during George Washington’s farewell year, as John Adams became the second U.S. president. This peaceful transfer of power reinforced the stability of the new government, mirroring the coin’s role in economic unification. Economically, the 1796 Dime circulated as the U.S. developed trade networks and banking institutions, supporting a growing economy. Its silver content tied it to global trade, where precious metal coinage was essential. Despite its limited mintage, the U.S. 1796 Dime remains a key artifact of America’s early monetary and political foundation.