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Coin Library

$5 · Gold · 1839–1908

Liberty Head Half Eagle

A five-dollar gold series struck at more United States mint facilities than any other classic gold denomination, offering a compact map of regional gold coinage.

Designer
Christian Gobrecht
Classic dates
1839–1908
Mint facilities
Philadelphia, Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, and Denver

01 · Overview

Why the Liberty Head Half Eagle matters

The Liberty Head half eagle began in 1839 and remained in production into 1908. Its broad geographic range is central to the series: coins were produced at seven mint facilities across the eastern, southern, and western United States.

The reverse changed materially in 1866 when IN GOD WE TRUST was added. Earlier diameter and portrait adjustments also matter to type collectors, while date-and-mint specialists focus closely on branch-mint output and survival.

02 · Design

Reading the design

Obverse

Liberty faces left with a coronet, surrounded by thirteen stars and the date. On the smaller half-eagle planchet, complete hair and star detail can reveal differences in strike and preservation.

Reverse

A heraldic eagle holds arrows and an olive branch. No-motto coins leave the area above the eagle open; later coins place IN GOD WE TRUST on a ribbon above it.

03 · Specifications

Nominal issue specifications

Denomination
$5
Composition
90% gold, 10% copper
Nominal weight
8.359 g
Actual gold weight
0.24187 troy oz
Diameter
21.6 mm
Edge
Reeded

Nominal specifications describe regular classic issues. Patterns, proofs, special strikes, production tolerances, and later commemorative or modern versions may differ.

04 · Chronology

The series in stages

01

Early issues · 1839–1840

The first issues include differences in portrait size and diameter. Exact attribution matters when an early coin is being evaluated as a type rather than only by date.

02

No Motto · 1840–1866

This long period includes coins from Philadelphia and multiple branch mints, including Charlotte and Dahlonega issues tied directly to southern gold production.

03

With Motto · 1866–1908

The motto was added above the eagle. Carson City, San Francisco, and later Denver issues extend the branch-mint story into the West.

05 · Examination

What photographs should help you examine

Small coin, concentrated detail

Because the design is compact, photographs should be sharp enough to separate strike softness, friction, and surface disturbance in Liberty's hair and the eagle's central feathers.

Mint mark and date relationship

A single-letter mint mark can represent a materially different issue. The D mint mark refers to Dahlonega on earlier coins and Denver on late coins; the date resolves the facility.

Mounting and jewelry evidence

Classic half eagles were sometimes used in jewelry. Inspect rims and edge photographs for filing, solder, mount removal, or localized disturbance.

06 · Before buying

Questions the listing should answer

01

Separate metal value from numismatic value

The coin contains a known nominal amount of gold, but its market value can also reflect date, mint, variety, survival, grade, surface quality, and demand. A gold calculation is a useful reference point, not a complete valuation method.

02

Read the holder and the coin

Confirm the grading service, grade, certification number, and any documented designation, then examine the photographs independently. A third-party grade is an attributed opinion; it does not replace a review of color, luster, marks, and surface originality.

03

Treat cleaning and damage separately from wear

Circulation wear is only one part of condition. Cleaning, polishing, scratches, rim damage, mount removal, tooling, and altered surfaces can materially change how a coin is described and valued even when substantial design detail remains.

07 · Sources

Primary references

This guide is educational and intentionally type-level. Issue-specific attribution, mintage, certification, and condition should be verified for the individual coin.