The 1832 Capped Bust Gold $5 Half Eagle is a rare and valuable coin from the early 19th century. It is part of the series of gold coins that were minted by the United States during the era of President Andrew Jackson. These coins are significant not only because of their historical importance but also because they represent a time when the United States was beginning to establish its economy and currency system.
One of the unique features of the 1832 Capped Bust Gold $5 Half Eagle is the Curl Base 2 variety and its 12 stars on the obverse. This makes the coin highly sought after by collectors and numismatists. In this article, we will explore the history, design, and significance of the 1832 Capped Bust Gold $5 Half Eagle, focusing on its Curl Base 2 design and the 12 stars.
History of the Capped Bust Gold $5 Half Eagle
The Capped Bust Gold $5 Half Eagle was first introduced in 1795 and was minted in various designs until 1834, when it was replaced by the Classic Head design. The 1832 Capped Bust design was one of the last versions before the transition to a new type. The coin was primarily used as a circulating currency, and its gold content was essential for the United States economy.
In 1832, the U.S. Mint made several changes to the design of the coin. The most significant change was the introduction of the Curl Base 2 variety, which affected the shape of the letter “2” in the date. This change created a unique look that collectors now recognize as a distinctive feature of the 1832 series.
Design of the 1832 Capped Bust Gold $5 Half Eagle
Obverse: Lady Liberty and the 12 Stars
On the obverse (front) of the 1832 Capped Bust Gold $5 Half Eagle, the design features a profile of Lady Liberty, who is facing left. She is wearing a cap, known as the “capped bust,” which symbolizes liberty. Surrounding her head are 12 stars, representing the 12 original states of the Union. The number of stars was a point of interest among collectors, as it matched the number of states in 1832.
The letter “LIBERTY” is inscribed above Lady Liberty’s head, while the year of minting, 1832, is found below. This design was created by artist John Reich and was the standard for U.S. gold coins during this time.
Reverse: Eagle and Motto
The reverse (back) of the coin shows a heraldic eagle with outstretched wings. The eagle holds a shield in its talons, and it is surrounded by a wreath of olive branches. The reverse also includes the inscription “UNITED STATES OF AMERICA” along the top edge and “FIVE DOL.,” denoting the coin’s value of five dollars, along the bottom edge.
One notable feature on the reverse is the “E PLURIBUS UNUM” motto, which is Latin for “Out of many, one.” This phrase represents the union of the states and is a common feature on many U.S. coins.
The Curl Base 2 Variety
The Curl Base 2 variety refers to a small change in the design of the number “2” in the year “1832.” The original design had a “flat” base for the number “2,” but the Mint changed it to a “curled” base. This change made the design stand out, and now, collectors search specifically for the Curl Base 2 version because it is rarer and more valuable than its counterparts with a flat base.
This design change occurred across several denominations of gold coins, including the $5 Half Eagle, and it became an important identifying feature for numismatists.
Significance to Coin Collectors
The 1832 Capped Bust Gold $5 Half Eagle is a rare and valuable coin, especially the Curl Base 2 variety. As one of the last coins in the Capped Bust series, it marks an important transition in U.S. coinage. Collectors often seek out this coin because of its historical significance, as well as its aesthetic appeal.
The 12 stars on the obverse make it an important piece for those interested in U.S. history, as they represent the original states that formed the United States. Additionally, the gold content of the coin adds to its value, as gold was a crucial part of the economy during the 19th century.
For coin collectors, owning a 1832 Capped Bust Gold $5 Half Eagle is like holding a piece of American history in their hands. Whether it’s the Curl Base 2 variety or another version, this coin is an essential part of any serious collection.
Table: Key Features of the 1832 Capped Bust Gold $5 Half Eagle
| Feature | Description |
|---|---|
| Mint Year | 1832 |
| Design | Capped Bust Gold Half Eagle, Curl Base 2 |
| Obverse | Lady Liberty facing left, surrounded by 12 stars |
| Reverse | Heraldic eagle, olive branch wreath, “UNITED STATES OF AMERICA” |
| Gold Content | Approximately 8.36 grams of gold |
| Value | Varies depending on condition and rarity, but can be worth thousands of dollars |
| Mint Mark | No mint mark (Philadelphia Mint) |
| Mintage | Approximately 585,000 (varies by variety) |
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FAQs
What is the 1832 Capped Bust Gold $5 Half Eagle worth?
The value of the 1832 Capped Bust Gold $5 Half Eagle depends on its condition, rarity, and whether it is the Curl Base 2 variety. It can range from several thousand dollars to tens of thousands for high-quality examples.
How can I tell if my 1832 Capped Bust Gold $5 Half Eagle is the Curl Base 2 variety?
The difference lies in the number “2” in the year “1832.” The Curl Base 2 variety has a distinct, curled base, while the standard version has a flat base.
What other coins were minted in the Capped Bust series?
The Capped Bust design was used for several denominations, including the $1, $2.50, $5, and $10 gold coins. Each denomination had similar design elements, such as Lady Liberty’s bust and an eagle on the reverse.
Why are Capped Bust Gold coins valuable to collectors?
Capped Bust Gold coins are valuable because they are rare, historically significant, and made from gold. They were minted during a time when the U.S. Mint was in its early stages, making them important pieces of American history.
Where can I buy or sell an 1832 Capped Bust Gold $5 Half Eagle?
These coins can be purchased or sold through reputable coin dealers, auctions, or online marketplaces. However, it is important to verify the authenticity of the coin before making any transactions.