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1898

Gold Coins · Liberty Head Gold $5 Half Eagles (Coronet Head) · 1839–1908
Regular
Weight8.359 g
Diameter21.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 633,495
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-6046

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About this coinHistory

Philadelphia struck 633,495 half eagles in 1898, a healthy total that arrived during a consequential year in American foreign policy. The Spanish-American War broke out that April, and Treasury demand for circulating gold remained steady as the country financed an overseas campaign for the first time. Each coin started as a planchet weighing 8.359 grams and made of 90 percent gold blended with 10 percent copper for hardness, then took its strike at 21.6 millimeters with a reeded edge. The dies still carried Christian Gobrecht's Coronet portrait introduced in 1839, paired with the Type 2 With Motto reverse that displays IN GOD WE TRUST on a scroll above the eagle. Most pieces moved into commerce or sat in vaults backing Treasury gold certificates, and the 1933 recall later sent enormous numbers of them to the melting pot.

Authentication starts on the scale, where a genuine coin should register between roughly 8.32 and 8.40 grams. Any noticeable shortfall points to a contemporary counterfeit cast in lower-karat alloy. Look closely at the date numerals, since the 1 should show a flat top serif rather than a knob, the 8s must each display two cleanly separated loops, and the second 9 carries a slightly thicker upper curve that transfer-die fakes tend to soften. On the reverse, study the eagle's neck feathers, where each barb should appear as an individual line rather than a smeared ridge. Because this coin came from Philadelphia, 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 1898 as one of the more available dates in the late Coronet run, which makes it a sensible choice for type sets and entry-level Liberty gold pursuits. Circulated pieces in VF through AU surface regularly at major auctions and typically trade close to bullion plus a modest collector premium, with current price guides showing roughly $865 to $1,025 across that range. Mint State coins remain plentiful through MS62, but populations thin quickly above MS64, where original color and undisturbed luster drive real competition among gold specialists. Choice MS63 examples push past $1,300. 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 1898 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 1898 Liberty Head Gold $5 Half Eagles (Coronet Head) were minted?
633,495 were struck.
What is a 1898 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 1898 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 1898 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.