$5 GOLD HALF EALGE PCGS AU58 Click on Coin Image to
$5 PCGS AU58- $58,000.00
Very scarce "Fat Head" $5. The 1830
half eagle is a very curious issue, which was largely
influenced by massive gold melting in the mid 1830's,
only a few years after this issue had been struck.
It has a mintage of 126,351 coins, struck by two different
varieties using the same obverse die but a different
there are no more than 75 coins known of the 1830
half eagle, a miniscule 0.0006% of its original mintage.
As can be imagined with such survival rates, as commonly
seen for this type, this is a very rare issue which
is seldom offered at auction or in fixed price lists.
Please contact me by email
or telephone 1-800-624-1870
to reserve this great coin.
The varieties have
been differentiated by a number of researchers and
one grading company (NGC), although it is not a separate
red book variety, so demand is virtually equal for
the date. It is believed that the small D is the more
available variety, although this might be misleading
as most examples which are offered at auction are
examples of the large D variety. In case these two
varieties get separated in the red book and recognized
as being major varieties further study is required
to determine the relative rarity of BD-1 and BD-2,
but for now this does not appear to be happening soon.
The 1830 half eagle is an example
which correctly would be called small capped bust,
small size type. The design was designed by John Reich,
and first struck on larger planchets in 1813. Because
of the increasing value of gold, the Mint continued
with the same design on smaller, lighter planchets
on 1829, until altering the gold content completely
in 1834. Because of that, the majority of the old
tenor coins were melted, creating many rarities. It
is believed that less than 1% of the total 1830 mintage
was still existent by the end of that decade, and
it is obvious that heavy attrition took its toll at
later times as well.