Coin Specifications

Category: Capped Bust $5 (1807-1834)
Mint: Philadelphia
Mintage: 126,351
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 8.7500g
AGW: 0.2580oz
Melt Value: $323.02 (3/28/2017)
Diameter: 25mm
Edge: Reeded
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1830 $5 MS obverse 1830 $5 MS reverse

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There are no NGC 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.


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Price Guide

Last Updated: 3/16/2016

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

1830 $5 MS
Base $ - - 20500 30500 49500 53500 56000 59000 63500 72500 80000 87500 125000 190000 295000 - - - - -
$ - - - - - - - - - 275000 - - - -

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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.

Auction House
Sale / Lot
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
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 63   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231425/Lot# 62227 $92.00
8/6/2014 PCGS AU 58   Stack's Bowers August 2014 Chicago ANA, 6014/Lot# 11092 $47,000.00
10/8/2014 NGC AU 58   Heritage Auctions 2014 October 8 - 13 PNG New York Invitational US Coins Signature Auction - New York Session(4), 1210/Lot# 4995 $41,125.00
1/29/2015 NGC MS 62   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231506/Lot# 61254 $36.00

NGC Registry

NGC Registry Score 1830 $5 MS
1830 $5 MS Prooflike
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