The 1797 Draped Bust Small Eagle Half Dime has
three different star counts on the obverse: 15, 16, and 13 stars. All
are quite rare and are valued fairly close to one
another in lower grade circulated condition.
The practice of the early Mint was to add a star to U.S. coinage upon
the admittance of a new state. At the beginning of 1797, there were 15
states. When Tennessee joined the union on June 1st, a 16th star was
added.
Toward the end of 1797, Mint Director Elias
Boudinot ordered a
permanent return to 13 stars, realizing it was impractical to continue
adding more stars as new states entered the Union.
The reason Director Boudinot settled on 13 stars is because that is
the number of American colonies that declared independence from Great
Britain in 1776.
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