Liberty Head Half Eagle Values

How Much Liberty Head Half Eagles are Worth: Liberty Head Half Eagle Values & Coin Price Chart

Year
Mint
Variety
Designation
VG-8
F-12
VF-20
EF-40
AU-50
U-60
MS-63
MS-64
MS-65
MS-66
MS-67
1800
P
Plain 4- Stemless Wreath
Red-brown
200
300
400
500
600
700
800
900
1000
1200
1100

Description and History

Liberty Head Half Eagle: The Longest-Running U.S. Gold Coin Design

The Liberty Head Half Eagle, minted from 1839 to 1908, is the longest-running design in the $5 gold coin series. Created by Christian Gobrecht, this coin bridged multiple eras of U.S. history, circulating during the California Gold Rush, the Civil War, and the industrial expansion of the late 19th century. With its timeless design, multiple mint locations, and historical significance, the Liberty Head Half Eagle remains a cornerstone of American numismatics.

A Design That Defined an Era

The obverse of the Liberty Head Half Eagle features Lady Liberty wearing a coronet inscribed with “LIBERTY”, surrounded by thirteen stars representing the original colonies. The reverse displays a heraldic eagle with a shield on its chest, clutching arrows and an olive branch, symbolizing military strength and peace.

While the design remained largely unchanged, the series underwent one major modification:

  • 1839–1866: No Motto Variety – The earliest issues omitted the phrase “IN GOD WE TRUST” above the eagle.
  • 1866–1908: With Motto Variety – Following the Civil War, the U.S. Mint added “IN GOD WE TRUST” to align with broader changes in American coinage.

The Liberty Head Half Eagle was the only U.S. coin struck at all seven U.S. Mint locations—Philadelphia (no mintmark), Charlotte (C), Dahlonega (D), New Orleans (O), San Francisco (S), Denver (D), and Carson City (CC). This makes it a popular series for collectors who enjoy assembling complete mintmark sets.

Why This Coin Remains Highly Collectible

Due to its long production span and multiple mint locations, the Liberty Head Half Eagle presents a diverse collecting challenge. Some issues are widely available, while others, particularly those from Southern mints, are exceptionally rare.

Where to Find Them:

While circulated examples are relatively common, high-grade, mint-state specimens are rare, especially from Charlotte and Dahlonega. Many are found in estate collections, coin auctions, and dealer inventories.

What to Look For:

  • Strong details in Liberty’s hair and coronet.
  • Full feather definition on the eagle’s wings and shield.
  • Minimal surface marks, as these coins saw heavy circulation.

Notable Dates and Scarce Issues

Among the numerous dates and mintmarks, some issues stand out as particularly rare and valuable:

  • 1842-C Small Date & 1842-D Small Date—These extremely scarce issues from the Charlotte (C) and Dahlonega (D) mints are highly coveted among Southern gold specialists.
  • 1854-S – The first Half Eagle struck at the San Francisco Mint, with only 268 minted and just a few known to exist today.
  • 1861-D – Struck by the Confederacy during the early days of the Civil War, making it a historic and extremely rare issue.
  • 1870-CC – The first year of production for the Carson City (CC) Mint, a major rarity with only 7,675 struck.
  • 1875 – A Philadelphia Mint rarity, with a shockingly low mintage of 200 pieces, making it one of the rarest business strikes in the entire series.

Varieties and Collectible Errors

Overdates and repunched mintmarks appear on some issues, particularly from the 1840s and 1850s. Some Civil War-era coins exhibit weak strikes, adding an extra layer of historical intrigue.

Gold, Survival Rates, and Investment Appeal

Beyond their collectible appeal, Liberty Head Half Eagles also hold intrinsic gold value, making them a sought-after investment. Many were melted following President Roosevelt’s 1933 gold recall, further increasing the rarity of surviving examples.

Why These Coins Are Highly Sought After

  • Gold content ensures they retain value even in lower grades.
  • Many early issues were melted, making survivors scarce.
  • A long production run offers opportunities for both casual collectors and serious numismatists.

A Gold Coin That Stood the Test of Time

The Liberty Head Half Eagle is more than just a gold coin—it’s a tangible piece of American history, spanning decades of economic and social change. Whether collected for its beauty, rarity, or investment potential, this coin remains a significant part of U.S. numismatics, holding strong appeal for both seasoned collectors and investors alike.