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Overview
Authorized April 2, 1792, the $5 Half Eagle, was the first gold coin authorized by the U.S. Congress. It is also the only coin in U.S. history to have been struck by all operating mints during its circulation.The $5 gold coin has gone through several design changes. The first was the “Capped Bust to Right, Small Eagle.” The longest-term design was the Liberty, or Coronet, design by Christian Golbrecht, minted from 1839 until 1908, when it was replaced by the $5 Indian gold coin.
Design
The obverse (front) of the $5 Liberty gold coin is similar to the $2.50 and $20 Liberty gold coins, showing Lady Liberty with a tight bun of hair, decorated with beads. A coronet, inscribed “LIBERTY,” rests on her head. The issue date and 13 stars, representing the original 13 colonies, circle her head.The reverse shows bald eagle spread wings, standing among olive branches. The eagle clutches three arrows in his talons and has a shield with stars and stripes over his chest. “UNITED STATES OF AMERICA,” the denomination, and the mint mark surround the eagle. Coins minted from 1839-1866 do not have “IN GOD WE TRUST.”In 1866, the motto was added on a ribbon over the eagle.
Minting
The Philadelphia Mint produced the $5 Liberty gold coins throughout its circulation years. The $5 Liberty was also minted in San Francisco, Charlotte, Dahlonega and New Orleans. After the motto was added, these coins were minted in Carson City, then at the Denver Mint from 1906-1907.
Valuation
This is a premium coin, meaning the coin’s price includes a premium above the melt value of the precious metal it contains, which includes Augusta’s margin. This premium is solely determined and controlled by Augusta, based on factors Augusta deems valuable in determining and controlling such premium. Other retailers may not recognize the premium value that Augusta recognizes for this premium coin and may only be willing to pay as little as the melt value for this coin (the value of the precious metal that the coin contains). If you sell this coin to a retailer that does not recognize the premium value assessed by Augusta at the time of sale, then such sale may result in significant losses. Augusta cannot guarantee that it will buyback any item it sells and cannot guarantee another retailer will purchase this premium coin.
Investment in precious metals involves risk and is not suitable for all investors. Augusta Precious Metals recommends that you consult your own financial or investment advisors prior to investing in precious metals. Augusta is not qualified and does not offer financial, investment, legal, or tax advice. This site and the information provided by Augusta throughout its sales process is general in nature and is not tailored to any specific person, their circumstances, or their financial goals.
Opinions offered by Augusta Precious Metals are its own. Additionally, while Augusta attempts to provide factually accurate information, information presented by Augusta may turn out to be inaccurate or incomplete. You should conduct your own independent verification of any facts or opinions presented prior to making any investment.
All decisions regarding the purchase or sale of precious metals are your own, and should only be made after considering your investment objectives, risk tolerance, and level of experience. Augusta Precious Metals cannot guarantee, assure, or promise future market movement, prices, or profits. Past performance does not guarantee future results. Any investment in precious metals is speculative and could result in significant financial losses.
* Past customers received silver coins as a thank-you for reviews. Mark Levin and Joe Montana are paid ambassadors for Augusta.
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