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1836

Gold Coins · Classic Head Gold $5 Half Eagles · 1834–1838
Regular
Weight8.36 g
Diameter22.5 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 553,842
EdgeReeded
Alignment↑↓ Coin
Composition89.92% Gold, 10.08% Copper and Silver
DesignerWilliam Kneass
Collector's Key IDCK-5784

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About this coinHistory

Production at the Philadelphia Mint reached 553,842 pieces in 1836, making this the second-highest output of the brief Classic Head series after the 1834 inaugural year. The design entered its third year of regular striking with William Kneass at the engraving desk, his profile of Liberty wearing a plain headband still adapted from John Reich's earlier Capped Bust work. Most 1836 half eagles entered active circulation almost immediately because their gold content slightly exceeded face value during periods of metal price stability, prompting some hoarding by depositors and merchants who tracked bullion ratios. The coin saw heavy commercial use across the eastern United States during the speculation boom that culminated in the Panic of 1837. Andrew Jackson's Specie Circular of July 1836 demanded gold or silver for federal land purchases, briefly increasing demand at western land offices.

Authentication centers on the prescribed weight of 8.36 grams and diameter of 22.5 millimeters, with composition at 0.8992 fine gold (89.92 percent gold, balance copper and silver). This was the final year of the older fineness standard before the Coinage Act of January 1837 rounded the gold ratio to 0.900 fine and adjusted the weight downward. Genuine examples display Kneass's distinctive Liberty portrait with hair tied back in a tight bun, the date positioned below the truncation. Counterfeit detection relies on weight verification with a precision scale, since underweight specimens cast in base metal or struck from low-karat gold blanks fall outside the narrow tolerance. The reeded edge should show consistent vertical grooves without seams or tooling marks where the obverse and reverse meet. Coin alignment, with the reverse rotated 180 degrees from the obverse, is correct for the period.

Modern collectors find the 1836 plentiful in lower circulated grades from Good through Very Fine, with Extremely Fine pieces trading in the four-figure range and About Uncirculated examples climbing higher. Mint State survivors are scarce, since most coins from this date saw decades of pocket wear before the Civil War melts further reduced the population. Type collectors often choose the 1836 alongside the 1834 as the most accessible Classic Head dates, while date specialists pursue die varieties cataloged in modern reference works. For the broader story of this short-lived four-year design, see the Classic Head 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)
VF-20 Very Fine (VF) $910 $1,050
EF-40 Extremely Fine (EF) $1,020 $1,180
AU-50 About Uncirculated (AU) $1,385 $1,600
MS-60 Uncirculated (MS) $3,155 $3,640
MS-63 Choice Uncirculated (MS) $12,205 $12,920
Frequently Asked QuestionsFAQ
How much is a 1836 Classic Head Gold $5 Half Eagle worth?
In Very Fine condition it runs about $910–$1,050, rising to roughly $3,155–$3,640 in Uncirculated. These are reference values, not an appraisal.
How many 1836 Classic Head Gold $5 Half Eagles were minted?
553,842 were struck.
What is a 1836 Classic Head Gold $5 Half Eagle made of?
89.92% Gold, 10.08% Copper and Silver, weighing 8.36 g.
What is the melt value of a 1836 Classic Head 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 1836 Classic Head 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.