1833 Capped Bust Gold $5 Half Eagle: Large Date

The 1833 Capped Bust Gold $5 Half Eagle with the large date is an exciting and highly valued piece of U.S. coin history. This gold coin is part of the Half Eagle series, which was produced by the U.S. Mint from 1795 to 1929. The 1833 version with the “Large Date” is particularly special for collectors due to its limited mintage and historical significance. This article will take you through the design, rarity, and value of this incredible coin.

History of the 1833 Capped Bust Gold Half Eagle

The Capped Bust design appeared on U.S. gold coins from 1807 to 1834. The design was created by John Reich, who was the assistant engraver of the U.S. Mint at the time. The Capped Bust Half Eagle was made of 91.67% gold and had a face value of $5, making it an important piece of currency in the early 19th century.

Design Features of the 1833 Capped Bust Gold $5 Half Eagle

Obverse (Front)

The front of the coin features a profile of Lady Liberty, wearing a cloth cap (also known as a Phrygian cap), which gives the coin its “Capped Bust” name. The word “LIBERTY” is inscribed on her cap, and stars surround her portrait, representing the 13 original colonies. The year “1833” is placed below the image of Liberty.

Reverse (Back)

The reverse side of the coin features an eagle with a shield on its chest, holding an olive branch in one talon and arrows in the other. The words “UNITED STATES OF AMERICA” and the denomination “5 D.” (short for five dollars) are written around the edges. This design symbolizes strength and peace, showing the nation’s early ideals.

Large Date vs. Small Date

The 1833 Capped Bust Half Eagle is known to have two varieties: the “Large Date” and “Small Date.” The Large Date variety features numerals that are slightly larger and more spaced out than the Small Date variety. This distinction, though small, makes the Large Date version more sought after by collectors.

Rarity of the 1833 Capped Bust Gold Half Eagle

This coin is rare due to its limited production and the fact that many of these coins were melted down for their gold content over time. As a result, only a small number of these coins still exist today, making them highly valuable to collectors.

Value of the 1833 Capped Bust Gold $5 Half Eagle

The value of the 1833 Large Date Capped Bust Gold $5 Half Eagle depends on its condition. Coins in good condition can fetch tens of thousands of dollars at auction, while those in pristine condition may be worth even more. The historical significance and rarity of this coin make it a prized piece for any coin collection.

YearMintageUnique FeaturesApproximate Value (Good Condition)
1833LimitedLarge Date Variety$25,000 – $100,000+

Why Collectors Love the 1833 Large Date Half Eagle

Collectors prize the 1833 Capped Bust Gold $5 Half Eagle for several reasons:

  1. Historical Value: This coin is part of the early U.S. Mint’s production and carries a piece of American history with it.
  2. Gold Content: Made of 91.67% gold, it has intrinsic value due to its metal content.
  3. Rarity: Limited production and the scarcity of surviving coins make this piece extremely rare.
  4. Design: The Capped Bust design, along with the Large Date variety, adds to the uniqueness and appeal of this coin.

Conclusion

The 1833 Capped Bust Gold $5 Half Eagle with the Large Date is more than just a gold coin—it’s a piece of American history that reflects the early years of the U.S. Mint and the nation’s economic development. Its rarity, historical significance, and gold content make it a must-have for collectors. Whether you are a coin enthusiast or a history lover, this coin represents a fascinating chapter in the story of the United States.

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FAQ’s

What is the Capped Bust Gold $5 Half Eagle?

The Capped Bust Gold $5 Half Eagle is a gold coin minted by the U.S. Mint between 1807 and 1834, featuring a design of Lady Liberty with a cap.

What is the difference between the Large Date and Small Date varieties?

The Large Date variety has numerals that are larger and more spaced out compared to the Small Date variety, making it more sought after by collectors.

How much is the 1833 Capped Bust Gold $5 Half Eagle worth?

The value can range from $25,000 to over $100,000 depending on the coin’s condition and rarity.

Why is this coin rare?

Many of these coins were melted down for their gold content, and only a few have survived, making them rare and valuable.

What does the eagle on the reverse of the coin symbolize?

The eagle holding an olive branch and arrows symbolizes the nation’s strength and desire for peace.

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