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1811 Small 5

Gold Coins · Capped Bust Gold $5 Half Eagles · 1807–1834
Regular
Weight8.75 g
Diameter25 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 99,581 Combined mintage for all 1811 varieties
EdgeReeded
Alignment↑↓ Coin
Composition91.67% Gold, 8.33% Copper and Silver
DesignerJohn Reich
Collector's Key IDCK-5730

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About this coinHistory

By 1811, the Capped Bust Left half eagle had settled into a steady rhythm at the Philadelphia Mint, and the year's combined output of about 99,581 pieces reflected that stability. Production split between two reverse working dies, distinguished today as the Small 5 and the Tall 5, named for the size of the numeral inside the "5 D." denomination. Bass-Dannreuther catalogers list the Small 5 as the more frequently encountered of the two pairings, suggesting it served as the primary working die for most of the year. Most 1811 half eagles entered active commerce as the country edged toward the War of 1812, and a meaningful share of the original mintage was later destroyed during the post-1834 melts that followed the federal weight reduction.

Authentication begins at the reverse denomination, where the numeral inside "5 D." appears noticeably shorter and squatter than its Tall 5 counterpart. The top serif of the 5 sits well below the top of the adjacent D, and the lower curve has a more compact, rounded shape. A genuine example weighs 8.75 grams, measures roughly 25.0 mm across, and is struck in 0.9167 fine gold with a reeded edge. Color should sit in the warm yellow-to-orange range typical of the Reich era alloy. Rim filing, evidence of jewelry mounting near the date or stars, and any irregularity in weight should disqualify a candidate. Die markers on Bass-Dannreuther 1, the Small 5 marriage, include the spacing of the date digits relative to the bust.

For collectors assembling a date set, the 1811 Small 5 is one of the more attainable entries because it shares its year with the Tall 5 and survived the melts in adequate numbers to support steady auction availability. Circulated examples in the VF to AU range surface several times a year, and Mint State coins, while genuinely scarce, are not unobtainable. Original surfaces, even problem-free wear, and untouched fields drive premiums far more than raw grade alone, so patient buyers who prioritize eye appeal over a single point on the holder typically come out ahead. Cleaned or repaired pieces should be approached with skepticism even when slabbed as details. For background on how this design fits within early federal gold, 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) $4,140 $4,775
EF-40 Extremely Fine (EF) $4,860 $5,610
AU-50 About Uncirculated (AU) $7,315 $8,440
MS-60 Uncirculated (MS) $10,595 $12,225
MS-63 Choice Uncirculated (MS) $23,570 $24,960
Frequently Asked QuestionsFAQ
How much is a 1811 Small 5 Capped Bust Gold $5 Half Eagle worth?
In Fine condition it runs about $3,180–$3,670, rising to roughly $10,595–$12,225 in Uncirculated. These are reference values, not an appraisal.
How many 1811 Small 5 Capped Bust Gold $5 Half Eagles were minted?
99,581 were struck (Combined mintage for all 1811 varieties).
What is a 1811 Small 5 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 1811 Small 5 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 1811 Small 5 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.