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HALF EAGLE 1834-1838 Classic Head

Front - HALF EAGLE 1834-1838 Classic Head Back - HALF EAGLE 1834-1838 Classic Head

Description

Known as the "Classic Head” style, the new 1834 issue is a cousin to the quarter eagle of the same date. Consistent with the design of the Quarter Eagle, the Half Eagle contained less gold and more copper. In examining any gold coin of the era, the presence of copper is often evidenced by the spotting of coins as the copper oxidizes. The obverse depicts the head of Miss Liberty facing left, her hair secured by a band inscribed LIBERTY, with stars circling her head, and with the date below. The reverse shows an eagle with a shield on its breast, perched on an olive branch and holding three arrows. The inscription UNITED STATES OF AMERICA, 5 D. surrounds. The motto E PLURIBUS UNUM, used earlier, was discontinued. Quarter eagles of this style were produced at the Philadelphia Mint continuously from 1834 through 1838 and at Charlotte and Dahlonega in 1838 only. Most of the mintage was accomplished at Philadelphia. Charlotte and Dahlonega pieces are rare. The type set collector can readily obtain examples of Philadelphia issues in this span in grades from Very Fine to Extremely Fine. AU coins are scarce, Uncirculated pieces are elusive, and superb Uncirculated coins are very rare. Most examples are not sharply struck on the higher parts of the obverse.

Valuation

Beware the grading of gold coins of this era. The spotting or oxidizing of copper can be very evident and detracting from the beauty of the coin. However, the presence of these spots are often not considered in the grading process. This produces a wide range of quality and aesthetics in coins apparently graded equally.
COIN NAME
HALF EAGLE 1834-1838 Classic Head
DESIGNED BY
William Kneass
ISSUE DATE
1834-1838
COMPOSITION
0.8992 part gold, .1008 part copper
DIAMETER
22.5 mm
WEIGHT
129 grains
EDGE
Reeded
BUS MINT
2,113,612
PROOF MINT
Fewer than 50

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.