Coin Specifications

Category: Capped Bust $5 (1807-1834)
Mint: Philadelphia
Mintage: 126,351
Catalog: KM-43
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 8.7500g
AGW: 0.2577oz
Melt Value: $334.39 (7/24/2014)
Diameter: 25mm
Edge: Reeded
Numismatic specification data provided by Krause Publications NumisMaster.
Link to this coin

1830 $5 MS obverse 1830 $5 MS reverse


Images courtesy of Heritage Auctions (HA.com)
  
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VarietyPlus®

There are no varieties for this coin.

Description & Analysis

Suffice it to say that both varieties are incredibly elusive. The Mint produced the PR67 1828 Smithsonian Institution half eagle specimen using a 'close collar'--essentially a die for the edge of the coin. Partway through 1829, the Mint expanded the use of the close collar to all coins and reduced the diameter of the half eagle to 22.5 mm.

The new invention, a heavy steel block with a hole the same diameter as the finished coin, had grooves that provided the edge reeding. The close collar provided coins with a 'mathematical equality to their diameters,' according to Mint Director Samuel Moore. According to the Breen Complete Encyclopedia:

'Earlier coins had been struck in an open collar, which is a flat metal plate with a hole somewhat larger than the diameter of a finished coin, serving to position a planchet atop the lower die for striking, but not to restrain its expansion. Edge lettering, reeding, or other ornamentation were imparted in a separate operation by the Castaing machine (parallel bars) before the blanks went to press, the open collar did not affect them. Because centering was not always exact, dies were normally of much greater diameter than the finished coins, and included long radial-line dentilated borders so that any unstamped areas might not tempt the ungodly to clip or shave off precious metal before spending the coins.'

By 1834 the gold content of old-tenor coins exceeded their intrinsic value, most were melted. Like gold coins from earlier decades, the 1829-34 half eagles are exceedingly rare.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 8/15/2013

Click on a price to see historical prices, comparison charts and trends.

1830 $5 MS
  GVGFVF4045505355586061626364656667686970
Base $ 4600 7250 17500 25500 45500 45500 53500 56200 62500 65750 69000 78500 82500 107500 182500 277500 - - - - -
$ 50000 60000 62000 67000 71000 74500 85500 89000 117000 195000 305000 - - -
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Census

 
NGC GRADE SUMMARY

Total Graded: 15
Low Grade: 40
Average Grade: 60
High Grade: 65


Upcoming Auctions


Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
7/27/2005 NGC XF 40   Heritage Auctions 2005 July San Francisco, CA (ANA) Signature Auction #382, 382/Lot# 10348 $29,900.00
5/24/2009 PCGS AU 58   Goldberg May 24-27, 2009 Pre-Long Beach Coin and Currency Auction, 53/Lot# 1268 $37,950.00
8/2/2012 PCGS MS 64   Heritage Auctions 2012 August 2-5 US Coins Signature Auction- Philadelphia Session(4), 1173/Lot# 5357 $211,500.00
3/28/2013 NGC MS 65   Heritage Auctions Weekly World and Ancient Coin Auctions Session(1), 231314/Lot# 61154 $105.75
1/8/2014 NGC MS 63   Heritage Auctions 2014 January 8 - 12 FUN US Coin Signature Auction - Orlando Session(3), 1201/Lot# 5435 $73,437.50
6/12/2014 NGC MS 65   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231425/Lot# 62226 $211.50
6/12/2014 NGC MS 63   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231425/Lot# 62227 $92.00


NGC Registry

NGC Registry Score 1830 $5 MS
 PrAgGVGFVF4045505355586061626364656667686970
Base43634681501553675747624864736685707773177651785980588601952011047140621566118740228122826535666
44694792513254935914632365436815715774287720792582398907100291205214595166872009724629307320
0000006543681571577428772079258239890710029120521459516687200972462900
0000006614694672377539778979918420921310538130571512817713214542644700
1830 $5 MS Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base45474875521955825973648867206938734075867930814483478905984711413144981613419280234362899536533
46564989534057126144656567927072742277008001821185339219103691244115043171822066525289315070
0000006792707274227700800182118533921910369124411504317182206652528900
0000006865720675047815807282798719953310891134691558818231220502714200
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