Coin Specifications

Category: Capped Bust $5 (1807-1834)
Mint: Philadelphia
Mintage: 50,141
Obverse Designer: John Reich
Reverse Designer: John Reich
Composition: Gold
Fineness: 0.9160
Weight: 8.7500g
AGW: 0.2580oz
Melt Value: $389.15 (9/18/2019)
Diameter: 25mm
Edge: Reeded
Link to this coin

1834 CAPPED $5 MS obverse 1834 CAPPED $5 MS reverse
Images courtesy of Heritage Auctions (HA.com)
Expand All    Collapse All

Description & Analysis

For most collectors the study of early gold is unfamiliar and the acquisition of such pieces is virtually impossible. Most collectors tend to be either generalists or specialists in lower-denomination coins from half cents through silver dollars. But for a few dedicated specialists, early gold has proved to be an especially fertile area of study. Half eagles struck from 1813 through 1834, generally referred to as the Capped Head Left series, may well be the rarest, multiple-year series in U.S. numismatics. An article by Arno Safran in the November 15, 1993 edition of Coin World summed up this and the previous series of five dollar gold pieces and their rarity:

'Half eagles bearing the Scot-modified Capped Head design (1813-29) and the further modified, smaller-size pieces by Kneass (1829-34) are the scarcest types for this denomination. Most of the mintages were either melted by the government or left the country soon after being released into circulation because miscalculations by Treasury officials regarding the ratio between gold and silver were skewed in favor of the yellow metal.?

As a result of the massive meltings, the number minted means very little. What is important is not how many were struck, but how many survived the mass meltings in the 1820s and 1830s.

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


GRADE SUMMARY

Loading... Working...

Use the scroll bar at the bottom of this box to view a summary of the NGC Price Guide, NGC Census, Auction Prices Realized and NGC Registry Scores for each grade.

There was no data found for this Coin.

Select Designation

 
NGC PRICE GUIDE
NGC CENSUS
AUCTION PRICES REALIZED
NGC REGISTRY
SCORE
FIND IT ON EBAY

Select Grade

Price Guide

Last Updated: 4/15/2019

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

1834 CAPPED $5 MS
  GVGFVFXF505355586061626364656667686970
Base $ - - 19400 38500 48500 51000 53000 61000 63500 66000 69000 75000 102500 135000 270000 - - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 11
Low Grade: 45
Average Grade: 61
High Grade: 64

The chart showing 45 series, 50 series, 53 series, 55 series, 58 series, 60 series, 61 series, 62 series, 63 series, 64 series.
NGC CENSUS DETAIL Last Updated: 9/17/2019 1834 CAPPED $5 MS
 PrAgGVGFVF4045505355586061626364656667686970Total
Base------1---2--242------11
-----------------------
-----------------------
-----------------------
Total------1---2--242------11
 ------9 %---18 %--18 %36 %18 %------ 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
1/28/2004 PCGS VF 30   Heritage Auctions 2004 January Long Beach Signature Sale #342, 342/Lot# 6967 $19,550.00
1/3/2006 PCGS AU 58   Heritage Auctions 2006 January Orlando, FL (FUN) Signature Auction #394, 394/Lot# 3478 $44,562.50
12/1/2013 NGC Details XF Details  GreatCollections GreatCollections Coin Auctions 12/01/2013, 103/Lot# 141793 $457.60
1/26/2014 NGC XF 45   GreatCollections GreatCollections Coin Auctions 01/26/2014, 165/Lot# 149560 $852.50
5/29/2014 NGC MS 62   Heritage Auctions Weekly World and Ancient Coin Auction Session(1), 231423/Lot# 60222 $76.00
1/4/2017 NGC MS 62   Heritage Auctions 2017 January 4 - 9 FUN US Coins Signature Auction - Session(4), 1251/Lot# 5882 $88,125.00


NGC Registry

NGC Registry Score 1834 $5 MS CAPPED Prooflike
 PrAgGVGFVF4045505355586061626364656667686970
Base45474875521955825973648867206938734075867930814483478905984711413131231527718064217172656333077
46564989534057126144656567927072742277008001821185339219103691198313841162061928123332287340
0000006792707274227700800182118533921910369119831384116206192812333200
0000006865720675047815807282798719953310891125531455917135204992494700
1834 $5 MS CAPPED
 PrAgGVGFVF4045505355586061626364656667686970
Base43634681501553675747624864736685707773177651785980588601952011047127181482317550211272587832271
44694792513254935914632365436815715774287720792582398907100291160413419157321874222710280090
0000006543681571577428772079258239890710029116041341915732187422271000
0000006614694672377539778979918420921310538121611412116641199342429400
Registry Image Gallery

No Images Found

Related Articles

There are no related articles for this coin.

NGC Auction Central Disclaimer