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1803 3 Over 2

Gold Coins · Draped Bust Gold $5 Half Eagles · 1795–1807
Semi-key
Weight8.75 g
Diameter25 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 33,506
EdgeReeded
Alignment↑↓ Coin
Composition91.67% Gold, 8.33% Copper and Silver
DesignerRobert Scot
Collector's Key IDCK-5715

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About this coinHistory

Every 1803 Draped Bust half eagle is an overdate. The Philadelphia Mint entered the year with a serviceable 1802 obverse die already on hand, and rather than retire a working punch in a year when gold dies were precious, the engravers simply set a fresh "3" over the existing "2" and kept striking. No standard 1803 obverse was ever cut for the denomination, which is why the entire 33,506 piece delivery is catalogued as the 1803/2. The setting is a young republic still reorganizing in the shadow of the Louisiana Purchase, and the half eagle was the workhorse gold coin tying merchant settlements, port collectors, and bank cashiers together. The 33,506 figure is the year aggregate from the Director's annual report and lumps every die marriage into a single line item.

Authentication of an 1803/2 hinges on the date itself. Under five to ten power magnification, the curved upper loop of the underlying "2" should be visible inside or just behind the "3," typically at the cap of the digit and along the right vertical, and that signature is what separates a genuine example from a tooled or altered date. Specifications anchor the next layer of the check at 8.75 grams in 0.9167 fine gold, roughly 25 millimeters across, a reeded edge, and coin alignment with the reverse rotated 180 degrees. Bass-Dannreuther die marriage attribution by BD number is the defensible standard, and certified examples from PCGS or NGC almost always carry the BD reference on the holder insert. Bass-Dannreuther estimates roughly 800 to 1,500 survivors across all grades.

For modern collectors, the 1803/2 sits in the practical middle of the Heraldic Eagle Draped Bust half eagle series. It is far more attainable than the 1798 Small Eagle or the 1799 die marriages, yet markedly scarcer than the 1800 or 1807 type coins that anchor most date sets. Problem-free pieces in Fine through Very Fine trade actively, with Extremely Fine and About Uncirculated examples commanding the firmest premiums when surfaces are clean and the overdate signature is unambiguous. Cleaned, tooled, or rim-damaged candidates appear regularly and should be approached with caution. See the full Draped 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) $4,075 $4,705
VF-20 Very Fine (VF) $4,585 $5,290
EF-40 Extremely Fine (EF) $6,000 $6,925
AU-50 About Uncirculated (AU) $8,320 $9,600
MS-60 Uncirculated (MS) $14,645 $16,900
MS-63 Choice Uncirculated (MS) $32,210 $34,105
Frequently Asked QuestionsFAQ
How much is a 1803 3 Over 2 Draped Bust Gold $5 Half Eagle worth?
In Fine condition it runs about $4,075–$4,705, rising to roughly $14,645–$16,900 in Uncirculated. These are reference values, not an appraisal.
How many 1803 3 Over 2 Draped Bust Gold $5 Half Eagles were minted?
33,506 were struck.
What is a 1803 3 Over 2 Draped 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 1803 3 Over 2 Draped 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 1803 3 Over 2 Draped Bust Gold $5 Half Eagle a key date?
It's a semi-key date — scarcer than common issues but more available than the series' key dates.