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Melt Values/ Gold / $5 Gold Half Eagle (–1929)
FACE $5.008.359 G0.24187 OZT AU
Melt Intelligence0.24187 ozt AuFace $5.00

$5 Gold Half Eagle (–1929)

First gold coin struck by the United States (1795).

$5 Gold Half Eagle (–1929)WIKIMEDIA COMMONS · Public domain · US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash)
$5 Gold Half Eagle (–1929) — coin photograph
Designer
Bela Lyon Pratt (Indian, 1908); Christian Gobrecht (Liberty, 1839)
OBSERVED
Years Struck
1795–1929
OBSERVED
Mints
The only US denomination struck at ALL eight historical mints — including Carson City, Charlotte, Dahlonega and New Orleans
OBSERVED
02

The story

The half eagle is the workhorse of pre-1933 US gold: 134 years, every mint, every gold rush. Its 0.2419 ozt of gold now melts around $1,100 — but the 1933 confiscation-and-melt destroyed so much of the later mintages that collectible premiums often dwarf melt. If you inherit one, never sell it at melt without checking the date.

Charlotte and Dahlonega existed solely to coin southern gold-rush metal — their C and D mint marks turn a bullion coin into a four-figure artifact.

03

Key dates worth real money

Check these before treating any gold piece as melt. Think you have one? Check recent auction records before selling, and read the grading basics first.

DateWhy it matters
1909-O Indian34,200 — last New Orleans gold, the Indian key
1929662k minted, nearly all melted in 1933-34 — a mintage that lies about its rarity
04

Specifications

SpecificationValue
Diameter21.6 mm
Weight8.359 g
EdgeReeded
Composition90% Au, 10% Cu
Actual gold weight0.24187 ozt
05

Grading and authentication

Grading: where wear shows first
Same incuse-design grading challenge as the quarter eagle - cheekbone and eagle's shoulder.

Never clean a coin. Ever. Cleaning permanently destroys collector value — dark original toning is worth more than shiny damage.

Counterfeit check
Widely counterfeited, including deceptive middle-eastern strikes from the mid-1900s. 8.359 g on the scale; certification for anything beyond bullion value.

Gear that settles it: an electromagnetic verifier, a calibrated scale and calipers — counterfeit basics.

06

Questions people actually ask

What is a $5 gold coin worth today?

Melt is ~$1,114 (0.2419 ozt at $4,607 gold). Collectible dates - branch mints, the 1909-O, the deceptive 1929 - are worth multiples. Date and mint mark first, always.

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