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1807 Capped Bust

Gold Coins · Capped Bust Gold $5 Half Eagles · 1807–1834
Regular
Weight8.75 g
Diameter25 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 51,605
EdgeReeded
Alignment↑↓ Coin
Composition91.67% Gold, 8.33% Copper and Silver
DesignerJohn Reich
Collector's Key IDCK-5722

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About this coinHistory

The 1807 Capped Bust Half Eagle is the first year of John Reich's new Capped Bust Left design and a milestone in early American gold coinage. Reich, a German-born engraver hired by the Mint in 1807, was tasked with refreshing both the silver and gold series. His half eagle obverse shows Liberty in a soft cloth cap with "LIBERTY" lettered on a band, drapery falling at the bust. The reverse carries a heraldic eagle with shield, arrows, olive branch, and "5 D." below. 1807 is a transition year: the first portion of production used the older Robert Scot Capped Bust Right with Heraldic Eagle reverse (1795-1807, cataloged separately under Draped Bust gold half eagles), and the later portion introduced Reich's design. Mint records report 51,605 pieces for the year, most associated with the new Capped Bust Left type.

For authentication, a genuine 1807 Capped Bust Half Eagle weighs 8.75 grams on a calibrated jeweler's scale, measures right at 25.0 mm in diameter, and carries a clearly defined reeded edge. Composition is 0.9167 fine gold (22 carat) with the balance copper and silver, a standard set by the 1792 Coinage Act. Real examples show Reich's crisp drapery and softly rendered cap, and the heraldic eagle's shield, arrows, and olive branch should sit correctly proportioned on the reverse. Survival of any early 19th-century half eagle is shaped by the great melts: as the gold-to-silver ratio shifted in the 1810s and 1820s, these coins were worth more as bullion than as money, and huge quantities were sent to refiners. That is why even a year with a five-figure mintage like 1807 is genuinely scarce today.

For modern collectors, the 1807 Capped Bust is one of the more attainable first-year type coins in the U.S. gold series. Demand comes from type collectors wanting a single Reich Capped Bust Left half eagle and from early-gold specialists building a date set. Problem-free pieces in mid-grade circulated condition show up steadily at major auctions, while sharply struck Mint State examples with original color command strong premiums and tend to disappear into long-term holdings. For the broader design and historical context of the type, see the Capped Bust Half Eagle series history.

Price guideReference

Reference data only — not an appraisal.

GradeDescriptionLowHigh
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F) $3,180 $3,670
VF-20 Very Fine (VF) $4,490 $5,180
EF-40 Extremely Fine (EF) $5,500 $6,345
AU-50 About Uncirculated (AU) $6,930 $8,000
MS-60 Uncirculated (MS) $11,755 $13,560
MS-63 Choice Uncirculated (MS) $26,575 $28,140
Frequently Asked QuestionsFAQ
How much is a 1807 Capped Bust Capped Bust Gold $5 Half Eagle worth?
In Fine condition it runs about $3,180–$3,670, rising to roughly $11,755–$13,560 in Uncirculated. These are reference values, not an appraisal.
How many 1807 Capped Bust Capped Bust Gold $5 Half Eagles were minted?
51,605 were struck.
What is a 1807 Capped Bust Capped Bust Gold $5 Half Eagle made of?
91.67% Gold, 8.33% Copper and Silver, weighing 8.75 g.
What is the melt value of a 1807 Capped Bust Capped Bust Gold $5 Half Eagle?
Its melt value is its metal content multiplied by the current spot price. See our melt calculator on the metals pages for a live figure.
Is the 1807 Capped Bust Capped Bust Gold $5 Half Eagle a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.