The 1798 Turban Head Gold $5 Half Eagle is a significant and highly sought-after coin in American numismatics. Here are some key points about this coin:
Design: The Turban Head design, also known as the Capped Bust to Right design, was created by Robert Scot, the first Chief Engraver of the United States Mint. On the obverse (front) of the coin, Liberty is depicted wearing a turban or Phrygian cap, facing right.
The word "LIBERTY" appears above her headband. The reverse (back) features a heraldic eagle with outstretched wings, holding an olive branch and arrows in its talons, surrounded by a wreath.
Mintage: The mintage for the 1798 Turban Head Gold $5 Half Eagle is relatively low compared to later issues of the denomination. However, precise mintage figures for individual years can be difficult to determine due to recordkeeping practices of the time.
Varieties: There are two major varieties of the 1798 Turban Head Gold $5 Half Eagle: the Small Eagle reverse and the Heraldic Eagle reverse. The Small Eagle reverse features a smaller eagle with a single olive branch in its talon, while the Heraldic Eagle reverse features a larger eagle with both an olive branch and arrows in its talons.
Historical Context: The 1798 Turban Head Gold $5 Half Eagle was struck during a period of transition and growth for the United States, both politically and economically. These early gold coins played a crucial role in facilitating commerce and trade during the formative years of the young nation.
Collector Value: The 1798 Turban Head Gold $5 Half Eagle is highly sought after by collectors due to its historical significance, low mintage, and scarcity. Well-preserved specimens in higher grades command significant premiums in the numismatic market.
Condition and Rarity: As with any coin, the value of the 1798 Turban Head Gold $5 Half Eagle is influenced by factors such as its condition (grade), rarity, and overall market demand. Examples in mint state (uncirculated) condition are particularly desirable among collectors.
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