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1838 Classic Head Gold $5 Half Eagle

Gold Coins · Classic Head Gold $5 Half Eagles · 1834–1838
Weight 8.36 grams
Diameter 22.5 mm
Mint Philadelphia
Mintage 286,588
Edge Reeded
Alignment ↑↓ Coin
Composition 90% Gold, 10% Copper
Melt Value $1,134.62 (spot as of )
Designer William Kneass
Collector's Key IDCK-5787
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About this coinHistory

286,588 half eagles were struck at Philadelphia in 1838. The Classic Head design was being produced at Philadelphia alongside the first branch mint issues at Charlotte and Dahlonega. The Coronet Head (Liberty Head) design would replace the Classic Head in 1839, making 1838 the final Philadelphia year for the design. PCGS estimates a healthy survivor population. The 1838 is readily available in circulated grades. The Cherokee were forcibly removed along the Trail of Tears, and new branch mints opened in the South.

Price GuideTypical retail prices for problem-free examples.
Educational
GradeDescriptionTypical Price
G-4 Good (G)
VG-8 Very Good (VG)
F-12 Fine (F)
VF-20 Very Fine (VF) $955–$1,100
EF-40 Extremely Fine (EF) $1,085–$1,255
AU-50 About Uncirculated (AU) $1,615–$1,865
MS-60 Uncirculated (MS) $3,790–$4,370
MS-63 Choice Uncirculated (MS) $12,745–$13,495

This table is for educational purposes only and is intended to illustrate general market price trends and pricing steps between grades. Actual market conditions may vary significantly, especially for rarer pieces that often command premiums above the ranges shown here.

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