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1867 Liberty Head Half Eagle Obverse     1867 Liberty Head Half Eagle Reverse
 


1867 FIVE DOLLARS
OR HALF EAGLE

PCGS Nos: 8313, 8462, 88462

Mintage:

Circulation strikes: 6,870
Proofs: 50

Designer: Christian Gobrecht

Diameter: 21.65 millimeters

Metal content:
Gold - 90%
Other - 10%

Weight: 129 grains (8.24 grams)

Edge: Reeded

Mintmark: None (for Philadelphia, Pennsylvania) below the eagle on the reverse

Images courtesy of Heritage Numismatic Auctions

Notes:
The 1867 Half Eagle is very scarce in all grades and extremely rare in Uncirculated condition.  Most examples seen are in Extremely Fine condition (or less).  About Uncirculated examples are scarce but enough exist to satisfy collector demand and keep prices in the affordable range.  The finest (and only) Uncirculated example graded by PCGS is a single MS-61.

Proof 1867 Half Eagles are also extremely rare due to their reported mintage of a mere 50 pieces, but several Choice to Gem Proofs are known.  For example, the finest Proof examples graded by PCGS are 3 PR-65's.

The finest Cameo Proof examples graded by PCGS are 2 PRCA-64's.

Significant examples:
NGC Proof-65 Ultra Cameo.  Offered by Albanese Rare Coins, Inc. in the December 30, 2003 issue of Numismatic News for $65,000.00

Proof (illustrated above).  Ex - Trompeter collection.

PCGS Proof-65.  Ex - Stack's portion of the Garrett Collection, March 1976, Lot 418 - Bowers and Merena Galleries, "The Harry W. Bass, Jr. Collection, Part IV Sale", November 20-21, 2000, Lot 495, illustrated, sold for $43,700.00

Recent appearances:
PCGS AU-58 (illustrated below).  Ex - Paramount's 1969 ANA Sale, August 1969, Lot 1972 - Bowers & Merena Galleries' sale of the Harry W. Bass, Jr. collection, Part III, May 25-26, 2000, Lot 504, illustrated, where it was described (in part) as follows: "AU-58 (PCGS)...light yellow gold with a hint of green...lightly abraded and scratched, however, no individual imperfection is particularly notable.  This has every appearance of a Proof and may have been struck in such manner...", sold for $6,670.00 - offered at the October 2001 Long Beach Coin & Collectibles Exposition by Mid-American Rare Coin Galleries for $5,250.00

Sources and/or recommended reading:
"Walter Breen's Complete Encyclopedia of U.S. and Colonial Coins" by Walter Breen

"The PCGS Population Report, July 2003" by The Professional Coin Grading Service

Obverse of 1867 Half Eagle     Reverse of 1867 Half Eagle

Images courtesy of Ron Guth