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HALF EAGLE 1795-1798 Small Reverse Eagle

Front - 1795 half eagle Back - 1795 half eagle

Description

This coin is the first gold coin ever put into circulation in the United States. It is referred to today as the Capped Bust to Right obverse with Small Eagle reverse. The obverse depicts Miss Liberty, wearing a cloth cap, facing right, with LIBERTY to the right above and the date below. There are typically 10 stars to the left and five to the right, but one variety of 1797 has 16 stars arranged, 11 to the left and five to the right.

The reverse shows an eagle perched on a palm branch holding a wreath aloft in its beak. The inscription UNITED STATES OF AMERICA surrounds. There is no mark or indication of value on the piece.

Several hundred examples survive of various 1795-1798 half eagles with the Small Eagle reverse. Most of these bear the date of the first year of issue, 1795. Most surviving specimens are in grades from Very Fine through AU, but over the years a number have been designated as Uncirculated. Among 1795 half eagles, AU and Uncirculated coins often possess prooflike surfaces.

Valuation

Examples were produced from 1795 through 1798, with the last year being a major rarity in the series-a coin of which fewer than a dozen are known to exist.
COIN NAME
HALF EAGLE 1795-1798 Small Reverse Eagle
DESIGNED BY
Robert Scot
ISSUE DATE
1795-1798
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
25 mm
WEIGHT
135 grains
EDGE
Reeded
BUS MINT
18,512
PROOF MINT
None

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.