The 1829 Capped Bust Gold $5 Half Eagle is an important coin in American numismatic history. With its beautiful design and unique features, it is a favorite among collectors. This coin is part of the Capped Bust series, which was produced from 1807 to 1834. The 1829 variety is particularly interesting because of its distinctive “Large Date” feature. In this article, we will explore the history, significance, and details of this coin.
Introduction to the Capped Bust Gold $5 Half Eagle
The Capped Bust Gold $5 Half Eagle was the first gold coin to be produced by the United States Mint with a face value of five dollars. It was introduced in 1807, and over the next few decades, various designs and varieties were created. The Capped Bust design, which features Lady Liberty with a flowing cap, was used on the $5 gold coin from 1807 until 1834.
The 1829 Capped Bust Gold $5 Half Eagle is a particularly interesting coin because it features the “Large Date” variety. This means that the date on the coin is much larger and more prominent compared to other coins in the series. This variety makes it a sought-after item for collectors and numismatists.
Design and Features of the 1829 Capped Bust Gold $5 Half Eagle
The obverse of the coin features a detailed portrait of Lady Liberty, facing left. She wears a flowing cap and a ribbon with the word “LIBERTY” inscribed across the top. The date “1829” is displayed prominently below her image, with the large numbers distinguishing it from other years in the Capped Bust series.
The reverse of the coin features an eagle with a shield on its chest, holding arrows in one talon and an olive branch in the other. The eagle is surrounded by a wreath and the words “UNITED STATES OF AMERICA” along the top edge. The denomination “$5” is placed beneath the eagle. The design was created by artist Robert Scot and was used on Capped Bust coins throughout the series.
The “Large Date” Variety
One of the most distinctive features of the 1829 Capped Bust Gold $5 Half Eagle is the “Large Date” variety. In numismatics, the “Large Date” refers to a version of the coin where the date is noticeably larger than in other coins from the same series. This variety was produced due to a change in the die used to mint the coins.
The Large Date feature is not only a distinguishing characteristic but also an important factor for collectors. Coins with this variety are considered rarer and more valuable than their counterparts with smaller dates. The change in the size of the date is a result of the mint’s efforts to improve the coin’s readability and overall aesthetic.
Rarity and Value of the 1829 Capped Bust Gold $5 Half Eagle
As with many historical coins, the rarity and condition of the 1829 Capped Bust Gold $5 Half Eagle play a significant role in determining its value. Coins that are well-preserved, with sharp details and minimal wear, are highly sought after by collectors. The “Large Date” variety, due to its distinctiveness, often commands a premium in the market.
Coins that are in excellent condition, such as those graded by professional organizations like the Numismatic Guaranty Corporation (NGC) or the Professional Coin Grading Service (PCGS), can fetch a much higher price. In general, prices for the 1829 Capped Bust Gold $5 Half Eagle range from a few thousand dollars to tens of thousands, depending on the coin’s grade and rarity.
Collecting Capped Bust Gold Half Eagles
For collectors, the Capped Bust Gold $5 Half Eagle series offers a fascinating glimpse into early U.S. coinage. The coins are not only valuable because of their rarity, but they also hold historical significance as part of the nation’s early gold coinage. The 1829 variety, with its large date and beautiful design, is one of the highlights of the series.
Many collectors focus on completing a full set of Capped Bust Gold Half Eagles, which would include coins from each year of production. The 1829 Large Date variety adds an extra challenge to this goal, as it is a harder coin to find in good condition.
Key Features of the 1829 Capped Bust Gold $5 Half Eagle
| Feature | Description |
|---|---|
| Obverse Design | Portrait of Lady Liberty wearing a flowing cap and ribbon with the word “LIBERTY”. |
| Reverse Design | Eagle holding arrows and an olive branch, surrounded by a wreath. |
| Date Type | Large Date variety, with a noticeably bigger date compared to other years. |
| Metal Composition | 91.67% gold, 8.33% copper. |
| Weight | 8.75 grams (0.259 ounces). |
| Mintmark | Coins minted at the Philadelphia Mint do not have a mintmark. |
Conclusion
The 1829 Capped Bust Gold $5 Half Eagle is a remarkable coin that holds both historical and numismatic value. Its unique “Large Date” variety makes it a standout piece among collectors. Whether you are a seasoned numismatist or a beginner, this coin offers an exciting opportunity to own a piece of American history. As with all collectible coins, its value depends on condition and rarity, but its timeless design and rich background make it a treasure for any collection.
Aztecpool Service
FAQs
What is the significance of the “Large Date” variety on the 1829 Capped Bust Gold $5 Half Eagle?
The “Large Date” variety refers to a change in the size of the date on the coin, making it larger and more prominent than other dates in the series. This variety is rarer and more valuable for collectors.
What is the value of the 1829 Capped Bust Gold $5 Half Eagle?
The value of the 1829 Capped Bust Gold $5 Half Eagle depends on its condition and rarity. Well-preserved coins in excellent condition can be worth tens of thousands of dollars, especially the Large Date variety.
Where was the 1829 Capped Bust Gold $5 Half Eagle minted?
The 1829 Capped Bust Gold $5 Half Eagle was minted at the Philadelphia Mint, which did not use a mintmark on coins produced during this period.
Why are Capped Bust Gold Half Eagles valuable?
These coins are valuable because of their historical significance, rarity, and beautiful design. The Capped Bust Gold Half Eagle was one of the first gold coins produced by the U.S. Mint.