The 1798 Turban Head Gold $5 Half Eagle is a significant and historic coin from the early days of the United States Mint. Let's explore the details surrounding this coin, including its historical context, design features, rarity, and its place in the numismatic world.
Early Days of the U.S. Mint: – The United States Mint was established in 1792, and the 1798 Turban Head Gold $5 Half Eagle represents one of the early years of coin production in the newly formed nation.
Coinage Act of 1792: – The Coinage Act of 1792 established the U.S. Mint and regulated coinage. The Turban Head design was one of the early coinage designs used on various denominations.The traditional Coronet Head design by James B. Longacre was modified in 1861 by Chief Engraver Anthony C. Paquet.
Turban Head Design: – The Turban Head design, attributed to Robert Scot, featured Liberty wearing a turban or cap on the obverse, symbolizing the nation's identity and aspirations.
Heraldic Eagle Reverse: – The reverse features a heraldic eagle with outstretched wings, holding arrows and an olive branch, symbolizing strength and peace.
Low Mintage: – The mintage figures for early gold coins, including the 1798 Turban Head Gold $5 Half Eagle, were relatively low compared to later years, contributing to the coin's rarity.
Historical Significance: – The coin's production in the late 18th century adds historical significance, making it a sought-after piece for collectors interested in early American coinage.
Surviving Specimens: – Given the age of the coin and the historical context of its production, finding well-preserved specimens can be a challenge.
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