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$5 Liberty Gold Half Eagle

Gold Silver Crypto buys and sells Liberty Head $5 Half Eagles from our Highland, Utah location. Pricing depends on live gold value, date, mintmark, type, authenticity, condition, certification, and current numismatic demand.

Liberty Head $5 Half Eagle obverse with coronet Liberty design

Images are for educational/reference use and may not represent current inventory.

Liberty Head Half Eagle Specifications

MetalGold
Purity90% gold / .900 fine
Actual gold contentApproximately 0.24187 troy oz
Total weightApproximately 8.359 g
DiameterApproximately 21.6–21.65 mm for most issues; some 1839 and 1840 coins are approximately 22.5 mm
Face value$5 legal tender
DesignerChristian Gobrecht
Issue dates1839–1908
Major typesNo Motto and With Motto
MintsPhiladelphia, Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, and Denver
EdgeReeded

“Half Eagle” refers to the $5 denomination, historically half the value of a $10 Eagle — it does not mean one-half troy ounce of gold. The coin contains approximately 0.24187 troy ounce of actual pure gold. Total weight is higher than pure gold content because the coin is a 90% gold alloy, not pure gold, and the $5 face value is not the coin's modern market value. Date, mintmark, type, condition, authenticity, grade, and certification may all add numismatic value on top of the coin's gold content.

We Buy Liberty Head Half Eagles

Different Liberty Head Half Eagles are priced differently depending on date, mintmark, type, condition, and certification. Photographs can help start a discussion, but authenticity, mintmark, and grade require physical evaluation.

Common-date Liberty Head Half Eagles
No Motto Half Eagles (1839–1866)
With Motto Half Eagles (1866–1908)
Raw or uncertified coins
PCGS-certified coins
NGC-certified coins
Circulated examples
Mint State examples
Philadelphia issues (no mintmark)
Charlotte (C) issues
Dahlonega (D) issues
New Orleans (O) issues
San Francisco (S) issues
Carson City (CC) issues
Denver (D) issues
Coins from inherited collections
Larger pre-1933 U.S. gold collections

How We Price Liberty Head Half Eagles

A Half Eagle offer is built from several layers, not gold value alone:

  1. Live gold value based on approximately 0.24187 troy oz of actual gold
  2. Date
  3. Mintmark
  4. No Motto versus With Motto type
  5. The distinct 1839 design, when applicable
  6. Grade and surface condition
  7. Raw versus PCGS or NGC certification
  8. Cleaning, polishing, scratches, damage, mounting, repair, or alteration
  9. Authenticity and counterfeit concerns
  10. Added, altered, or removed mintmarks
  11. Current wholesale and collector demand
  12. Quantity and the makeup of the collection

Some later Philadelphia and San Francisco dates may trade primarily around their gold content plus a market premium, while scarce dates, southern branch-mint coins, Carson City coins, rare varieties, and high-grade certified examples may require separate numismatic evaluation. We do not publish a fixed buy percentage, a permanent premium, or a static dollar-value chart, and we do not treat online retail asking prices as completed transactions.

About the Liberty Head Half Eagle

The historical U.S. Eagle and Half Eagle denominations were $10 and $5 gold coins, respectively — the Half Eagle was worth half an Eagle. Christian Gobrecht's Liberty Head, or Coronet, design was introduced on the Half Eagle in 1839 and remained in production through 1908, one of the longest-running coin designs in U.S. Mint history.

The coin circulated in everyday commerce and banking throughout the 19th century, and branch mints were established near important gold-producing regions in the South and West to strike coins closer to where gold was mined. IN GOD WE TRUST was added to the reverse in 1866. Production continued until the design was replaced by the Indian Head Half Eagle in 1908.

Because the coin circulated as working money for decades, many surviving examples show wear or contact marks from handling. Date, mint, surviving population, and condition matter more for value than age alone — some later dates are common today, while others, particularly certain branch-mint issues, are genuinely scarce.

How to Identify a Liberty Head $5 Gold Coin

Obverse

Liberty faces left, hair tied in a bun, wearing a coronet inscribed LIBERTY. Thirteen stars surround the portrait, with the date below. The 1839 portrait is noticeably different from the portrait used from 1840 onward, and 1839-C and 1839-D coins carry their mintmark on the obverse, above the date.

Reverse

An eagle with a shield holds an olive branch and arrows, surrounded by UNITED STATES OF AMERICA and the denomination FIVE D. With Motto coins carry a ribbon reading IN GOD WE TRUST above the eagle. From 1840 onward, the branch-mint letter appears on the reverse, typically near the eagle and above or near the denomination.

Most issues measure about 21.6mm in diameter, though 1839 and some 1840 coins are broader, at about 22.5mm. The edge is reeded. Correct weight alone does not prove authenticity, and correct gold purity alone does not prove U.S. Mint origin — counterfeit gold coins and altered mintmarks exist in this series. Because of this, visual inspection and professional testing or certification are important before relying on a coin's stated details for pricing.

No Motto vs. With Motto Half Eagles

No Motto Liberty Head Half Eagle

No Motto Half Eagles were issued from 1839 through part of 1866 and do not carry IN GOD WE TRUST on the reverse. This period includes coins from Philadelphia, Charlotte, Dahlonega, New Orleans, and early San Francisco. Charlotte and Dahlonega issues are especially significant within this type, since both southern mints closed in 1861 and only ever struck No Motto coins. Type alone does not determine value — individual dates and mintmarks within the No Motto period vary widely in availability and must be checked on their own merits.

With Motto Liberty Head Half Eagle

With Motto Half Eagles were introduced during 1866, when IN GOD WE TRUST was added to a ribbon above the eagle on the reverse, and production continued through 1908. This period saw continued Philadelphia and San Francisco production, along with later Carson City and Denver issues. Both No Motto and With Motto coins exist with an 1866 date, so the date alone does not confirm which type a specific 1866 coin is — the reverse must be checked. Many later With Motto dates are more available than earlier branch-mint issues, though high grade, proof status, and specific mintmarks can still carry meaningful premiums.

The Distinctive 1839 Liberty Head Half Eagle

1839 was the first year of the Liberty Head Half Eagle, and the Liberty portrait used that year differs materially from the portrait used beginning in 1840 — the curvature of the neck and the spacing between the hair and the surrounding stars are noticeably different. Major grading references treat the 1839 portrait as a distinct one-year design rather than the same portrait used for the rest of the series.

1839-C and 1839-D coins place the mintmark on the obverse, above the date and below Liberty's portrait — the only year branch-mint Half Eagles were struck this way. Beginning in 1840, branch-mint marks moved to the reverse, where they remained for the rest of the series. Some 1839 and 1840 coins also have a broader diameter, about 22.5mm, compared to the approximately 21.6mm diameter of most later issues.

A purported 1839 branch-mint coin, particularly one with an unusual portrait or mintmark placement, deserves careful authentication. The specific date and mint — not the 1839 date alone — determine a coin's rarity and value.

Liberty Head Half Eagle Mintmarks

Liberty Head Half Eagles were struck at seven different mint facilities. For most of the series the mintmark is on the reverse, near the eagle; the 1839-C and 1839-D issues are the exception, with the mintmark on the obverse.

A ‘D’ mintmark cannot be identified as Dahlonega or Denver without checking the date.

Philadelphia

No mintmark. Produced coins throughout the series. A no-mintmark coin is not automatically common — some early Philadelphia dates are scarce.

Charlotte

‘C’ mintmark, North Carolina. Produced only No Motto coins before closing in 1861. Many surviving Charlotte issues are scarce, but value should not be assigned based on the mintmark alone.

Dahlonega

‘D’ mintmark, Georgia. Produced only No Motto coins before closing in 1861. Must not be confused with the later Denver ‘D’ — the date determines which mint the letter represents.

New Orleans

‘O’ mintmark. Appeared during selected portions of the series. Some New Orleans issues are scarce, but date and condition still control value.

San Francisco

‘S’ mintmark. Includes both No Motto and With Motto issues. Some later San Francisco dates are more available than southern branch-mint coins, though specific dates and high grades may still be scarce.

Carson City

‘CC’ mintmark. Appears in the With Motto portion of the series and carries strong collector recognition. Not every Carson City date has the same rarity or value.

Denver

‘D’ mintmark. Denver did not open until 1906 and struck Half Eagles only in 1906 and 1907, near the very end of the Liberty Head series. Do not confuse Denver coins with the earlier Dahlonega issues that share the same letter.

Common Dates, Better Dates, and Rare Issues

Not every Liberty Head Half Eagle should be priced the same way. Many later Philadelphia and San Francisco dates are encountered frequently and trade mainly on gold content plus a market premium. Charlotte and Dahlonega coins are generally scarcer as a group, since both mints closed in 1861 and produced comparatively small quantities, while Carson City and New Orleans issues vary significantly by specific date. A branch-mint letter alone does not establish final value — original mintage is only one factor, and surviving population, grade, condition, certification, and current demand matter just as much.

A small number of dates are established major rarities within the series. The 1854-S is an extreme rarity, with only a handful of examples known to survive from a very small original mintage — it is not a coin most sellers will encounter. The 1864-S and the 1875 Philadelphia issue are also widely recognized as key dates with very limited surviving populations. These examples illustrate the range of rarity within the series rather than a complete key-date list, and any rare-date claim should be verified through PCGS or NGC before a numismatic premium is assigned. High-grade examples of otherwise common dates can also be valuable, and proof coins occupy a separate, often much scarcer market from business-strike coins.

Raw vs. Graded Liberty Head Half Eagles

PCGS and NGC are third-party grading services that authenticate a coin and assign a numeric grade reflecting its condition. A certified holder provides an independent opinion on authenticity and grade, but a holder does not automatically make a coin rare — date, mintmark, variety, and grade can all materially affect a coin's collector value beyond what certification alone indicates.

Certification numbers should be verified against the grading service's public records, and cracked, damaged, or tampered holders require careful inspection before relying on the labeled grade. Raw, uncertified coins can still be purchased after authentication — that authentication is completed during the in-person evaluation before a transaction is finalized. Gold Silver Crypto evaluates the actual coin and current market conditions, not merely the holder label it arrives in.

Liberty Head Half Eagle vs. Indian Head Half Eagle

Both are historical $5 Half Eagles with the same approximate gold content, but they are different series with very different designs.

FeatureLiberty Head Half EagleIndian Head Half Eagle
DesignerChristian GobrechtBela Lyon Pratt
Issue period1839–19081908–1929
Design styleCoronet Liberty portraitNative American portrait
ReliefConventional raised designIncuse (recessed) design
Purity90% gold (.900 fine)90% gold (.900 fine)
Actual gold contentApproximately 0.24187 ozApproximately 0.24187 oz
Total weightApproximately 8.359 gApproximately 8.359 g
DiameterApproximately 21.6 mm (most issues)Approximately 21.6 mm
Face value$5 legal tender$5 legal tender
Mintmark considerationsSeven mints; No Motto/With Motto typesFewer mints; single design throughout
Primary marketHistorical / numismatic and bullionHistorical / numismatic and bullion
Potential numismatic valueYes, depending on date, mintmark, type, gradeYes, depending on date, mintmark, grade

The Indian Head Half Eagle replaced the Liberty Head design starting in 1908. They are different series and should not be priced interchangeably.

Liberty Head Half Eagle vs. Modern $5 Gold Eagle

Both coins carry a $5 face value, but that shared denomination does not mean they contain the same amount of gold. The American Gold Eagle 1/10 oz size is a modern bullion coin.

FeatureLiberty Head $5 Half EagleModern $5 American Gold Eagle
Coin typeHistorical pre-1933 gold coinModern bullion coin
Issue period1839–19081986–present
Face value$5$5
Purity.900 fine.9167 fine
Actual gold contentApproximately 0.24187 oz0.100 oz
Total weightApproximately 8.359 gApproximately 3.393 g
Main value factorsGold content plus possible numismatic valueGold content plus bullion premium
DesignCoronet Liberty and eagle with shieldSaint-Gaudens Liberty and modern eagle reverse

The Liberty Head Half Eagle contains substantially more gold than a 1/10 oz Gold Eagle. “Half Eagle” does not mean half-ounce, and face value is not the modern market value for either coin.

Liberty Head Half Eagle vs. Liberty Head Double Eagle

Both use Liberty Head or Coronet imagery from the same general era, but the Liberty Head $20 Double Eagle is a much larger coin.

FeatureHalf EagleDouble Eagle
Face value$5$20
Actual gold contentApproximately 0.24187 ozApproximately 0.9675 oz
Total weightApproximately 8.359 gApproximately 33.4 g
DiameterApproximately 21.6 mmApproximately 34 mm
Issue period1839–19081850–1907 (regular circulation)
DesignerChristian GobrechtJames B. Longacre
Mint facilitiesPhiladelphia, Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, DenverPhiladelphia, New Orleans, San Francisco, Carson City, Denver
Main value factorsGold content plus possible numismatic valueGold content plus possible numismatic value

The Half Eagle is not simply one-quarter of the Double Eagle by market value, since numismatic premiums vary independently of gold content between the two series.

Our Take

Common-date Liberty Head Half Eagles combine recognizable gold content with genuine historical interest. Their smaller size makes them more accessible than a Double Eagle, but they often carry a higher premium per ounce of gold, since smaller historical coins generally cost more per ounce to strike and distribute than larger ones.

They are not automatically the cheapest way to buy gold. A buyer focused only on accumulating ounces may find modern bullion coins or gold bars more efficient. Sellers should not accept a quote based on 0.1 oz or half an ounce — the coin contains neither. Date, mintmark, type, grade, and authenticity all need to be checked, and branch-mint coins in particular require more care than a simple melt-value calculation. Age alone does not make a coin rare.

Common Mistakes When Selling a Liberty Head Half Eagle

Thinking "Half Eagle" means half an ounce

A Half Eagle is a $5 denomination, historically half the value of a $10 Eagle. It contains approximately 0.24187 troy ounce of pure gold, not half a troy ounce.

Confusing it with a modern $5 Gold Eagle

The modern $5 American Gold Eagle contains only 0.100 troy ounce of gold — less than half the gold content of a Liberty Head Half Eagle. Do not assume the two coins are comparable because they share a face value.

Ignoring No Motto versus With Motto

The reverse design changed in 1866 with the addition of IN GOD WE TRUST. Identifying which type a coin is matters before assuming how it should be valued.

Assuming every 1866 coin is the same type

Both No Motto and With Motto Half Eagles were struck in 1866. The date alone does not tell you which type a specific 1866 coin is — the reverse must be checked.

Assuming every D mintmark means Denver

Dahlonega used the 'D' mintmark from 1839 until the mint closed in 1861. Denver did not exist until 1906. The date on the coin, not the letter alone, tells you which mint struck it.

Looking for every mintmark on the reverse

The 1839-C and 1839-D issues are an exception — their mintmark is on the obverse, above the date. Every mintmark from 1840 onward is on the reverse.

Assuming every branch-mint coin is equally rare

Charlotte, Dahlonega, Carson City, and New Orleans issues vary significantly in rarity and value by specific date. A branch-mint letter alone does not establish final value.

Ignoring the distinctive 1839 design

The 1839 Liberty portrait is materially different from the portrait used starting in 1840, and 1839-C and 1839-D coins have their mintmark in a different location than later issues. These details should not be overlooked when identifying an 1839 coin.

Cleaning or polishing the coin

Cleaning can permanently reduce a Half Eagle's numismatic value, even though it does not remove gold content. Do not clean or polish the coin before selling it.

Trusting weight alone

Some counterfeit gold coins can approximate the correct weight and purity. Weight alone does not prove authenticity — testing and inspection still matter.

Trusting a holder without verification

A PCGS or NGC certification number should be checked against the grading service's public records, and the physical holder should be inspected for damage or tampering.

Comparing online retail asking prices with dealer offers

An online retail asking price, a realized sale, wholesale value, and a dealer's buy offer are four different numbers. A dealer's offer reflects resale risk, holding costs, and current demand.

Accepting a melt-only offer without evaluation

Some Liberty Head Half Eagles are worth meaningfully more than their gold value once date, mintmark, type, and certification are considered. That said, not every coin carries a numismatic premium — an evaluation, not an assumption, determines which applies.

Why Buy or Sell Locally in Highland, Utah

In-person evaluation

A coin with potential numismatic value deserves an in-person look, not a phone estimate.

No need to ship a historical gold coin

Bring your Half Eagle in — no shipping, insurance, or mail-related risk.

On-site authentication and testing

We verify authenticity and gold content before making an offer.

Review of date, mintmark, type, grade, and condition

We check these details in person rather than relying on a description alone.

Text photos before visiting

Send photos of both sides and any certification label for a preliminary sense of value.

Individual coins and inherited collections

Whether you have one coin or an inherited pre-1933 gold collection, we can evaluate it.

Spot-based and market-based pricing

Offers follow live gold spot plus a market-based evaluation of numismatic factors.

Same-day transactions when appropriate

Many transactions can be completed the same day once the coin is evaluated.

Gold Silver Crypto is based in Highland, Utah and serves customers throughout Utah Valley.

Frequently Asked Questions

Gold Silver Crypto buys Liberty Head $5 Half Eagles at our Highland, Utah office. We evaluate the date, mintmark, type, condition, and certification in person before making an offer. Call or text (385) 442-9636 to set up a time or ask questions first.

A Liberty Head Half Eagle contains approximately 0.24187 troy ounce of actual pure gold. The coin is struck in a 90% gold, 10% copper alloy, so its total weight (about 8.359 grams) is higher than its actual gold content.

The design was introduced in 1839 and continued through 1908, when it was replaced by the Indian Head Half Eagle. Production occurred across seven different mints during that period, and availability varies significantly by year and mint.

No Motto Half Eagles were issued from 1839 through part of 1866 and do not carry IN GOD WE TRUST on the reverse. With Motto Half Eagles were issued from 1866 through 1908 and carry the motto on a ribbon above the eagle. Both types exist with an 1866 date, so the date alone does not confirm which type a specific 1866 coin is.

For most of the series, the mintmark is on the reverse, near the eagle and above or near the denomination. The 1839-C and 1839-D issues are an exception — their mintmark appears on the obverse, above the date and below Liberty's portrait. Beginning with 1840 issues, branch-mint marks moved to the reverse.

It depends on the date. Dahlonega, Georgia used the 'D' mintmark on Half Eagles from 1839 until the mint closed in 1861. Denver did not begin striking coins until 1906, and only produced Half Eagles in 1906 and 1907 before the series ended. The date must always be checked before assuming which mint a 'D' represents.

1839 was the first year of the design, and the Liberty portrait used that year is noticeably different from the portrait used starting in 1840 — major references treat it as a distinct one-year design. 1839-C and 1839-D coins also place the mintmark on the obverse rather than the reverse, and some 1839 and 1840 coins have a broader diameter than most later issues.

The Liberty Head Half Eagle (1839–1908) uses a conventional raised coronet Liberty design. The Indian Head Half Eagle, which replaced it starting in 1908, uses an incuse design where the devices are recessed below the coin's surface rather than raised. Both are historical $5 gold coins with approximately the same gold content, but they are different series with different designs.

The Liberty Head Half Eagle is a historical U.S. coin issued from 1839 to 1908, containing approximately 0.24187 troy ounce of gold. The modern $5 American Gold Eagle is a 1/10 oz bullion coin first issued in 1986, containing exactly 0.100 troy ounce of gold. Despite sharing the same $5 face value, the Liberty Head Half Eagle contains substantially more gold — 'Half Eagle' does not mean half an ounce, and face value is not the modern market value for either coin.

No. Cleaning or polishing a Half Eagle can permanently reduce its numismatic value, even though it does not remove gold content. Bring the coin in as-is or text photos before doing anything to it.

Often, for scarcer dates, mintmarks, or higher grades, because certification confirms authenticity and assigns a grade the market recognizes. A certified holder does not automatically make a coin rare, and the certification number should still be verified. Raw, uncertified coins are also bought and sold, with authentication completed during the in-person evaluation before a transaction is finalized.

Yes. Text clear photos of the obverse and reverse, the date, the mintmark area, and any certification label to (385) 442-9636. Photos can help with a preliminary discussion, but final authentication and pricing require an in-person evaluation of the actual coin.

Want pricing on a Liberty Head Half Eagle?

Buying or selling a Liberty Head $5 Half Eagle? Call or text Gold Silver Crypto with clear photographs of both sides, the date, the mintmark, the certification company and grade if applicable, quantity, and whether you are buying or selling. Photographs can help with a preliminary discussion, but final authentication and pricing require an in-person evaluation. We provide quotes from our Highland, Utah location.

About This Page

Editorial note: Liberty Head Half Eagle values depend on gold spot price, date, mintmark, type, condition, certification, and collector demand. This page is intended as an identification and buying/selling guide, not a price list, appraisal, or financial advice. Specifications were verified against United States Mint historical data, PCGS CoinFacts, and NGC numismatic references.

Last updated: July 2026

Contributor attribution

Written by:Jaxson B.

Reviewed by:Shane G.