The 1821 Capped Bust Gold $5 Half Eagle is a fascinating coin in American history. It is notable for its design and significance during its time. This article will explore its history, features, and why it is valued by collectors today.
Introduction to the Capped Bust Design
The Capped Bust design was used for several U.S. coins in the early 19th century. This design was created by John Reich, a prominent engraver at the United States Mint. The Capped Bust Gold $5 Half Eagle was minted from 1813 to 1834. The 1821 version is particularly interesting because of its unique features and the historical context in which it was produced.
Key Features of the 1821 Capped Bust Gold $5 Half Eagle
Design Elements
- Obverse (Front): The obverse of the 1821 Capped Bust Gold $5 Half Eagle features a profile of Lady Liberty wearing a cap. The words “LIBERTY” appear above her head, and the year “1821” is shown below. This design symbolizes freedom and national pride.
- Reverse (Back): The reverse features a majestic eagle with outstretched wings. The eagle holds arrows and an olive branch, symbolizing strength and peace. Above the eagle is the inscription “UNITED STATES OF AMERICA”, and below, it states “FIVE DOLLARS” to indicate its value.
Specifications
Here’s a table summarizing the specifications of the 1821 Capped Bust Gold $5 Half Eagle:
| Feature | Details |
|---|---|
| Mint Year | 1821 |
| Denomination | $5 |
| Metal Composition | 90% Gold, 10% Copper |
| Diameter | 21.6 mm |
| Weight | 8.33 grams |
| Designer | John Reich |
Historical Context
The Capped Bust Gold $5 Half Eagle was minted during a time of great change in the United States. The early 1820s were marked by economic growth, but they also faced challenges such as inflation and trade issues. Gold coins were crucial for trade and commerce. The design of the coin reflected the national identity and aspirations of the young nation.
Collectibility and Value
Today, the 1821 Capped Bust Gold $5 Half Eagle is highly sought after by coin collectors. Its value can vary significantly based on factors such as:
- Condition: Coins in better condition (known as “grades”) are worth more.
- Rarity: Some years have fewer coins minted than others, making them more valuable.
- Market Demand: Like other collectibles, the demand among collectors affects the price.
As of now, the 1821 Capped Bust Gold $5 Half Eagle can range from a few thousand dollars to tens of thousands, depending on its condition and market factors.
Conclusion
The 1821 Capped Bust Gold $5 Half Eagle is not just a piece of currency; it is a symbol of American history and artistry. With its striking design and historical significance, this coin offers a glimpse into the past, showcasing the craftsmanship of early American minting. Collectors treasure it for both its beauty and its connection to the nation’s early years.
If you’re interested in coin collecting or history, the Capped Bust series is a great place to start. Understanding these coins can deepen your appreciation for the history they represent and the role they played in American society.
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FAQs
What does “Capped Bust” mean?
The term “Capped Bust” refers to the design of the coin, which features a profile of Lady Liberty wearing a cap. This cap symbolizes freedom and liberty.
Why is the 1821 Capped Bust Gold $5 Half Eagle valuable?
The coin is valuable due to its rarity, historical significance, and condition. Collectors often seek coins that are in excellent condition and have fewer mintage.
How can I tell if my coin is an original 1821 Capped Bust Gold $5 Half Eagle?
You can verify the authenticity by consulting a coin expert or using resources like the Professional Coin Grading Service (PCGS). They provide grading and authentication services for coins.
Where can I buy or sell an 1821 Capped Bust Gold $5 Half Eagle?
You can buy or sell coins through reputable dealers, online auctions, and coin shows. Always research and ensure the seller is trustworthy.
What are some other coins from the Capped Bust series?
Other coins in the Capped Bust series include the Capped Bust Half Dollar and the Capped Bust Quarter, both featuring similar design elements.