$5 Liberty Gold Half Eagle

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Gold Silver Crypto sells Liberty Head $5 Half Eagles, with live spot-based pricing and secure checkout. Pricing depends on live gold value, date, mintmark, type, authenticity, condition, certification, and current numismatic demand.
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Liberty Head Half Eagle Specifications
| Metal | Gold |
| Purity | 90% gold / .900 fine |
| Actual gold content | Approximately 0.24187 troy oz |
| Total weight | Approximately 8.359 g |
| Diameter | Approximately 21.6–21.65 mm for most issues; some 1839 and 1840 coins are approximately 22.5 mm |
| Face value | $5 legal tender |
| Designer | Christian Gobrecht |
| Issue dates | 1839–1908 |
| Major types | No Motto and With Motto |
| Mints | Philadelphia, Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, and Denver |
| Edge | Reeded |
“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.
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.
| Feature | Liberty Head Half Eagle | Indian Head Half Eagle |
|---|---|---|
| Designer | Christian Gobrecht | Bela Lyon Pratt |
| Issue period | 1839–1908 | 1908–1929 |
| Design style | Coronet Liberty portrait | Native American portrait |
| Relief | Conventional raised design | Incuse (recessed) design |
| Purity | 90% gold (.900 fine) | 90% gold (.900 fine) |
| Actual gold content | Approximately 0.24187 oz | Approximately 0.24187 oz |
| Total weight | Approximately 8.359 g | Approximately 8.359 g |
| Diameter | Approximately 21.6 mm (most issues) | Approximately 21.6 mm |
| Face value | $5 legal tender | $5 legal tender |
| Mintmark considerations | Seven mints; No Motto/With Motto types | Fewer mints; single design throughout |
| Primary market | Historical / numismatic and bullion | Historical / numismatic and bullion |
| Potential numismatic value | Yes, depending on date, mintmark, type, grade | Yes, 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.
| Feature | Liberty Head $5 Half Eagle | Modern $5 American Gold Eagle |
|---|---|---|
| Coin type | Historical pre-1933 gold coin | Modern bullion coin |
| Issue period | 1839–1908 | 1986–present |
| Face value | $5 | $5 |
| Purity | .900 fine | .9167 fine |
| Actual gold content | Approximately 0.24187 oz | 0.100 oz |
| Total weight | Approximately 8.359 g | Approximately 3.393 g |
| Main value factors | Gold content plus possible numismatic value | Gold content plus bullion premium |
| Design | Coronet Liberty and eagle with shield | Saint-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.
| Feature | Half Eagle | Double Eagle |
|---|---|---|
| Face value | $5 | $20 |
| Actual gold content | Approximately 0.24187 oz | Approximately 0.9675 oz |
| Total weight | Approximately 8.359 g | Approximately 33.4 g |
| Diameter | Approximately 21.6 mm | Approximately 34 mm |
| Issue period | 1839–1908 | 1850–1907 (regular circulation) |
| Designer | Christian Gobrecht | James B. Longacre |
| Mint facilities | Philadelphia, Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, Denver | Philadelphia, New Orleans, San Francisco, Carson City, Denver |
| Main value factors | Gold content plus possible numismatic value | Gold 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.
Frequently Asked Questions
Add it to your cart and check out securely online with live, spot-based pricing, or call or text (385) 442-9636 if you would rather order by phone. Orders ship fully insured, and free local pickup is available.
Utah exempts investment-grade precious metals from sales tax, so no sales tax is added to bullion orders like this one. Tax treatment in other states varies, and any applicable tax is calculated at checkout.
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.
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Add it to your cart for live, spot-based pricing and secure checkout, or call or text if you would rather order by phone. Photographs can help with a preliminary discussion, but final authentication and pricing require an in-person evaluation.
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











