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1902

Gold Coins · Liberty Head Gold $5 Half Eagles (Coronet Head) · 1839–1908
Regular
Weight8.359 g
Diameter21.6 mm
MintPhiladelphia
StrikeCirculation strike
Mintage 172,562
EdgeReeded
Alignment↑↓ Coin
Composition90% Gold, 10% Copper
DesignerChristian Gobrecht
Collector's Key IDCK-6058

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About this coinHistory

Production at the main mint in 1902 yielded 172,562 business-strike Half Eagles, a steady mid-tier output that fit the Treasury's pattern of issuing modest quantities of the smaller gold denominations while pouring most refining capacity into Eagles and Double Eagles. The dies followed the long-running Christian Gobrecht Coronet portrait paired with the heraldic eagle reverse carrying the IN GOD WE TRUST motto added in 1866, a configuration that had been turning out cleanly for nearly four decades by this point. Strike quality on 1902 pieces is generally above average for the series, with sharp star centers, well-defined hair curls above Liberty's ear, and complete feather detail on the eagle's wing tips when the planchet was properly prepared. The 90% gold and 10% copper alloy struck on 21.6 mm planchets weighing 8.359 grams produces the warm orange-gold tone that experienced collectors associate with turn-of-the-century Philadelphia gold.

Authentication of an 1902 Half Eagle starts with weight verification, since any genuine piece should fall within roughly 8.32 to 8.39 grams; counterfeits cast in lower-karat alloys or struck on undersized planchets tend to read noticeably light or feel spongy on a digital scale. Examine the date numerals under 10x magnification, paying particular attention to the serif treatment on the 9 and the open loop of the 2, which on genuine pieces show crisp boundaries with no soft pooling at the base. The reverse motto ribbon should display sharp letter punches with even spacing, and the dentils around both rims should be uniform in length without the rounded mush typical of struck-copy reproductions. Edge reeding count and depth should match other Philadelphia issues from the period.

Modern collectors find the 1902 a comfortable date for type sets and date runs, with reasonable availability through About Uncirculated and the lower Mint State grades. Choice MS62 and MS63 examples surface regularly at major auctions, while gem MS65 and finer pieces command meaningful premiums tied more to surface preservation than to underlying rarity. Proof strikings for the year are recorded at 193 pieces, placing them well into condition-rarity territory whenever they appear. For deeper context on dies, mints, and design transitions across the entire run, see our 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 1902 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 1902 Liberty Head Gold $5 Half Eagles (Coronet Head) were minted?
172,562 were struck.
What is a 1902 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 1902 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 1902 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.