The 1864 S Coronet Head Gold $5 Half Eagle is one of the most important coins in American numismatics. Known for its historical value, unique design, and rarity, this coin has become highly sought after by collectors and investors. Produced at the San Francisco Mint, the 1864 S Half Eagle is one of the key issues in the Coronet Head series, a famous design used on U.S. gold coins during the 19th century. This article explores the history, value, and significance of the 1864 S Coronet Head Gold $5 Half Eagle.
What is the 1864 S Coronet Head Gold $5 Half Eagle?
The 1864 S Coronet Head Gold $5 Half Eagle is a $5 U.S. gold coin that was minted in 1864 at the San Francisco Mint. The Coronet Head design, which was created by James B. Longacre, features a portrait of Lady Liberty wearing a coronet (a type of crown) on the front. The reverse side shows an eagle, which is the symbol of the United States.
The coin was part of the Coronet Head series, which ran from 1840 to 1907. The 1864 S Half Eagle is one of the rarer coins from this series, especially because it was minted at the San Francisco Mint, which had limited production during the Civil War period. The coin contains about 0.2418 troy ounces of pure gold.
Key Features of the 1864 S Coronet Head Gold $5 Half Eagle
The 1864 S Coronet Head Gold $5 Half Eagle has a number of notable features that make it special:
Obverse (Front)
- Lady Liberty: The front of the coin shows Lady Liberty’s head surrounded by 13 stars, representing the original 13 colonies.
- Coronet: Lady Liberty is wearing a coronet, a decorative crown, symbolizing the strength and authority of the United States.
- Date and Mint Mark: Below the portrait is the date “1864,” and the mint mark “S” indicates that the coin was minted at the San Francisco Mint.
Reverse (Back)
- Eagle: The reverse of the coin shows a large eagle with wings spread wide, symbolizing the power and protection of the U.S. government.
- Legend: The coin also has the inscription “UNITED STATES OF AMERICA” and “FIVE DOL.” indicating its denomination as five dollars.
- Design: The eagle is surrounded by a wreath, symbolizing peace and unity.
Why Is the 1864 S Coronet Head Gold $5 Half Eagle Important?
The 1864 S Coronet Head Gold $5 Half Eagle holds significance for several reasons:
- Historical Value: The coin was produced during a time of great turmoil in the United States, as the country was in the middle of the Civil War. Its creation represents a symbol of national resilience.
- Rarity: The 1864 S Half Eagle is relatively rare. Only a limited number of coins were minted, and many have been lost over time or damaged, making the remaining examples highly valuable.
- Collector’s Demand: The coin is in high demand among collectors due to its rarity, historical significance, and beautiful design. Coins in excellent condition can fetch high prices at auctions.
- Gold Content: Like all U.S. gold coins, the 1864 S Half Eagle contains gold, which increases its value based on the current price of gold.
Value of the 1864 S Coronet Head Gold $5 Half Eagle
The value of the 1864 S Coronet Head Gold $5 Half Eagle depends on several factors:
- Condition: Coins in better condition (higher grades) are worth significantly more.
- Rarity: The fewer the coins in existence, the more valuable they become.
- Gold Price: The value of the coin also depends on the current market price of gold.
As of now, the 1864 S Half Eagle can be worth anywhere from a few thousand dollars to tens of thousands, depending on its condition and market conditions.
Table: Key Specifications of the 1864 S Coronet Head Gold $5 Half Eagle
| Feature | Description |
|---|---|
| Denomination | $5 (Five Dollars) |
| Mint Mark | S (San Francisco Mint) |
| Obverse Design | Lady Liberty wearing a coronet |
| Reverse Design | Eagle with a wreath |
| Gold Content | 0.2418 troy ounces |
| Diameter | 21.6 mm |
| Weight | 8.359 grams |
| Edge | Reeded |
| Mintage | Low, making it a rare coin |
Conclusion
The 1864 S Coronet Head Gold $5 Half Eagle is a rare and historically significant coin. Whether you are a collector, an investor, or just someone interested in the history of U.S. currency, this coin offers a unique glimpse into the past. With its beautiful design and valuable gold content, it continues to be a sought-after item in the numismatic world.
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FAQs
1. What is the value of the 1864 S Coronet Head Gold $5 Half Eagle?
The value of this coin depends on its condition and the current price of gold. It can range from a few thousand dollars to over $20,000 for high-quality specimens.
2. How many 1864 S Coronet Head Gold $5 Half Eagles were minted?
The exact number of coins minted is not known, but the 1864 S is considered a rare issue due to the limited production at the San Francisco Mint during the Civil War.
3. What is the gold content in the 1864 S Coronet Head Gold $5 Half Eagle?
The coin contains approximately 0.2418 troy ounces of pure gold.
4. What is the significance of the 1864 S Coronet Head Gold $5 Half Eagle?
It is significant because it represents the history of the United States during the Civil War and is a rare collectible coin from the Coronet Head series.
5. Where can I buy or sell an 1864 S Coronet Head Gold $5 Half Eagle?
You can buy or sell the coin through reputable coin dealers, auctions, or online marketplaces. Always verify authenticity before making a purchase.