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1897-S

Gold Coins · Liberty Head Gold $5 Half Eagles (Coronet Head) · 1839–1908
Regular
Weight8.359 g
Diameter21.6 mm
MintSan Francisco
StrikeCirculation strike
Mintage 354,000
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-6044

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About this coinHistory

The 1897-S Liberty Head Half Eagle was struck at the San Francisco Mint with a reported 354,000 business pieces, a comfortable mid-range output for a branch-mint Coronet $5 of the late 1890s. San Francisco was the leading gold-coining facility on the West Coast at this point, and Half Eagles remained one of the busiest denominations in daily Pacific commerce. Each coin was pressed in 90% gold and 10% copper, weighed 8.359 grams, and measured 21.6 mm in diameter. Christian Gobrecht's Coronet portrait of Liberty had carried the obverse since 1839, and by 1897 the Type 2 With Motto reverse, which placed IN GOD WE TRUST on a banner above the heraldic eagle, had been the standard for over three decades.

Authenticating an 1897-S begins with putting the coin on a calibrated scale. A genuine piece should sit very close to the 8.359-gram standard, and any example light by more than a few hundredths of a gram should be treated as suspect for either a plated copy or a base-metal core. The S mintmark is located below the eagle on the reverse and should appear as a sharply punched, slightly serifed letter resting cleanly on the field. Added or transferred mintmarks usually show a soft halo, disturbed flow lines around the base, or a tooled seat under low magnification. Honest mint frost should radiate outward from Liberty's hair detail and the eagle's breast and shield, while cast counterfeits tend to look grainy and lifeless with rounded letters and softened denticles around the rim.

For modern collectors, the 1897-S is an approachable San Francisco date that trades close to its gold value in circulated grades and rises in steady steps through About Uncirculated. Mint State coins are scarcer than the 354,000 mintage suggests, since most of these pieces saw heavy use in commerce before being melted or shipped abroad in the early twentieth century, and pieces grading MS62 and higher carry a meaningful premium. It is a logical pickup for anyone assembling a date-and-mintmark set of San Francisco Coronet Half Eagles, and a certified example from PCGS or NGC removes most of the authentication risk at the price points where surface quality starts to matter. For the broader context, see the 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) $1,000 $1,155
MS-63 Choice Uncirculated (MS) $4,125 $4,370
Frequently Asked QuestionsFAQ
How much is a 1897-S Liberty Head Gold $5 Half Eagle (Coronet Head) worth?
In Very Fine condition it runs about $865–$995, rising to roughly $1,000–$1,155 in Uncirculated. These are reference values, not an appraisal.
How many 1897-S Liberty Head Gold $5 Half Eagles (Coronet Head) were minted?
354,000 were struck.
What is a 1897-S 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-S 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-S 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.