1829 Capped Bust Gold $5 Half Eagle: Large Date

The 1829 Capped Bust Gold $5 Half Eagle with the Large Date is a prized piece in the world of numismatics. As part of the Capped Bust series, this coin holds significant historical value, making it a collector’s dream. In this article, we will take a closer look at the design, history, rarity, and value of the 1829 Large Date Capped Bust Gold $5 Half Eagle, offering insights into why it’s such an important part of U.S. coinage history.

History of the 1829 Capped Bust Gold Half Eagle

Minted between 1807 and 1834, the Capped Bust Gold Half Eagle was a vital part of early U.S. currency. The design, introduced by John Reich, symbolizes the early American Republic’s pride and growing independence. The 1829 version, specifically the Large Date variety, is one of the more notable coins from this era due to its distinct features and limited minting numbers.

Design Features of the 1829 Capped Bust Gold $5 Half Eagle

Obverse (Front)

The obverse of the coin shows Lady Liberty wearing a cloth cap, known as the Phrygian cap, which represents freedom. Her cap has the word “LIBERTY” inscribed on it. Surrounding her image are 13 stars, representing the original colonies of the United States. The year “1829” is placed below Liberty’s portrait.

Reverse (Back)

On the reverse, an eagle with a shield on its chest is depicted. The eagle is holding an olive branch in one talon and arrows in the other, symbolizing a balance between peace and strength. Around the edges, the words “UNITED STATES OF AMERICA” and the coin’s denomination, “5 D.,” are inscribed.

Large Date vs. Small Date

The “Large Date” and “Small Date” varieties of the 1829 Capped Bust Gold $5 Half Eagle are differentiated by the size of the numerals in the date. The Large Date version features noticeably larger numbers. This slight variation adds to the coin’s uniqueness and appeal for collectors.

Rarity of the 1829 Capped Bust Gold Half Eagle

The 1829 Capped Bust Gold Half Eagle with the Large Date is considered rare due to the limited number of coins produced and even fewer that survive today. Many of these coins were melted down for their gold content during the 19th century, adding to their scarcity.

Value of the 1829 Large Date Capped Bust Gold Half Eagle

The value of the 1829 Capped Bust Gold $5 Half Eagle varies depending on its condition. Coins in well-preserved states can fetch high prices at auctions. Even in lower grades, the coin’s historical importance and gold content make it valuable.

Year	Mintage	Unique Features	Approximate Value (Good Condition)
1829	Limited	Large Date Variety	$20,000 – $100,000+

Why the 1829 Capped Bust Half Eagle is Popular Among Collectors

Collectors value the 1829 Capped Bust Half Eagle for several reasons:

1. Historical Significance: As part of early U.S. coinage, this coin represents a key period in American history.
2. Gold Content: Made of 91.67% gold, the coin has intrinsic value based on its metal content.
3. Rarity: Due to its limited mintage and the fact that many were melted down, the 1829 Large Date Half Eagle is considered rare.
4. Design Appeal: The detailed and symbolic design adds to the coin’s aesthetic and historical value.

Conclusion

The 1829 Capped Bust Gold $5 Half Eagle with the Large Date is not just a coin; it’s a piece of American history. Its beautiful design, rarity, and gold content make it a standout among early U.S. coins. Whether you are a seasoned collector or new to numismatics, this coin is a fascinating and valuable addition to any collection.

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