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1897

Gold Coins · Liberty Head Gold $5 Half Eagles (Coronet Head) · 1839–1908
Regular
Weight8.359 g
Diameter21.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 867,883
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-6043

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About this coinHistory

Production of the 1897 half eagle reached 867,883 pieces, a healthy total that placed Philadelphia firmly in the role of workhorse mint for this denomination during the late McKinley era. Coining presses used the Coronet design that Christian Gobrecht had established in 1839, with William Barber's later modifications visible in the Type 2 With Motto reverse. Each blank entered the press at the federal standard of 8.359 grams composed of 90 percent gold and 10 percent copper, then took its strike at 21.6 millimeters with a reeded edge. The Mint cashier's window also handled a small proof program that year, releasing roughly 83 mirror specimens to collectors who paid a small premium over face value. Most circulation strikes moved straight into commerce or sat in vaults backing Treasury gold certificates, which is why so many were melted under the 1933 recall.

Authentication starts at the scale, since genuine examples must register between roughly 8.32 and 8.40 grams; anything noticeably lighter points to a contemporary counterfeit cast in lower-karat alloy. Study the date numerals closely because the 1 should show a flat top serif rather than a knob, the 8 must display two cleanly separated loops, and the second 9 carries a slightly thicker upper curve that transfer-die fakes tend to soften. Reverse diagnostics include the eagle's neck feathers, where each barb should appear as an individual line rather than a smeared ridge, and the motto IN GOD WE TRUST in crisp block letters across the scroll. Because this is a Philadelphia issue, no mintmark belongs below the eagle; any small letter in that field is an immediate red flag for an altered date or a doctored branch-mint coin.

Modern collectors treat the 1897 as one of the more available dates in the late Coronet run, which makes it an excellent choice for type sets and entry-level Liberty gold pursuits. Circulated examples in VF through AU surface regularly at major auctions, typically trading close to bullion plus a modest collector premium. Mint State pieces remain plentiful through MS62 but become scarce above MS64, where original color drives real competition. The 83-piece proof issue is the true prize, with population reports showing only a few dozen certified survivors across all grades. Read the full Liberty 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) $865 $995
EF-40 Extremely Fine (EF) $885 $1,025
AU-50 About Uncirculated (AU) $880 $1,015
MS-60 Uncirculated (MS) $930 $1,075
MS-63 Choice Uncirculated (MS) $1,305 $1,385
Frequently Asked QuestionsFAQ
How much is a 1897 Liberty Head Gold $5 Half Eagle (Coronet Head) worth?
In Very Fine condition it runs about $865–$995, rising to roughly $930–$1,075 in Uncirculated. These are reference values, not an appraisal.
How many 1897 Liberty Head Gold $5 Half Eagles (Coronet Head) were minted?
867,883 were struck.
What is a 1897 Liberty Head Gold $5 Half Eagle (Coronet Head) made of?
90% Gold, 10% Copper, weighing 8.359 g.
What is the melt value of a 1897 Liberty Head Gold $5 Half Eagle (Coronet Head)?
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 1897 Liberty Head Gold $5 Half Eagle (Coronet Head) a key date?
It's a more common date overall, though scarcer die varieties may carry a premium — see the varieties list.