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HALF EAGLE 1807-1812 Capped Draped Bust to Left

Front - HALF EAGLE 1807-1812 Capped Draped Back - HALF EAGLE 1807-1812 Capped Draped

Description

In 1807 John Reich redesigned the half eagle. The obverse depicts Miss Liberty facing left, wearing a cloth cap inscribed LIBERTY, with seven stars to the left and six to the right. The reverse shows an eagle perched on a palm branch, holding three arrows, with the motto E PLURIBUS UNUM on a ribbon or band above. The legend UNITED STATES OF AMERICA, 5 D. surrounds. This style was produced from 1807 through 1812.

Although there are some scarce die varieties within the 1807-1812 span, there are no rare dates, and the type set collector can choose from virtually any date desired. Specimens are available in all grades, with Very Fine to AU coins appearing on the market with some frequency, (relatively speaking, of course). Uncirculated coins are offered from time to time, especially when great collections are dispersed, and typically have frosty rather than prooflike surfaces.

Valuation

All gold coins of early mintage were scarce. As the economy grew, the need for a more portable form of money ensued. In the case of gold, it was vastly more portable and easily stored than was silver. Any gold coin of early mintage, regardless of condition, is considered a prize.
COIN NAME
HALF EAGLE 1807-1812 Capped Draped Bust to Left
DESIGNED BY
John Reich
ISSUE DATE
1807-1812
COMPOSITION
0.9167 part gold, 0.0833 part copper
DIAMETER
25 mm
WEIGHT
135 grains
EDGE
Reeded
BUS MINT
399,013
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.