1805 $5 Draped Bust NGC AU58 CAC
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Introduction
The 1805 $5 Draped Bust Gold Half Eagle graded NGC AU58 CAC is a remarkably well-preserved example of early United States gold coinage. Certified About Uncirculated 58 by Numismatic Guaranty Company (NGC) and approved by Certified Acceptance Corporation (CAC), this Philadelphia Mint issue sits just below Mint State and represents a design produced during the formative years of the United States Mint. Struck more than two centuries ago, the 1805 Half Eagle combines early American history, substantial gold content, and the appeal of a scarce surviving federal gold coin.
History
The $5 Half Eagle was one of the original gold denominations authorized by the Coinage Act of 1792 and became an important part of the young nation's monetary system. During the early nineteenth century, Half Eagles represented a significant amount of purchasing power and played an important role in larger commercial and financial transactions. Gold coins of this period were also frequently exported or melted when their intrinsic value exceeded their stated face value.
The Philadelphia Mint struck 33,183 Half Eagles dated 1805. Designed by Chief Engraver Robert Scot, the issue features a right-facing portrait of Liberty paired with the Heraldic Eagle reverse used on Half Eagles of this period. Many early United States gold coins were lost through circulation, export, or melting, significantly reducing the number available to collectors today. Graded NGC AU58 with CAC approval, this example survives at the threshold of Mint State and offers an impressive representation of America's early federal gold coinage.
Design
The obverse features Robert Scot's right-facing portrait of Liberty wearing a cap, with her hair flowing behind her. The word LIBERTY appears above the portrait, while stars flank Liberty on either side and the date 1805 appears below. The classical design reflects the artistic style found on some of the earliest gold coins produced by the United States Mint.
The reverse features a heraldic eagle inspired by the Great Seal of the United States. The eagle bears a shield across its breast and holds arrows and an olive branch in its talons, symbolizing military preparedness and peace. A ribbon bearing the motto E PLURIBUS UNUM appears above the eagle, while stars and clouds fill the field above. The inscription UNITED STATES OF AMERICA surrounds the design. Unlike later Half Eagles, the coin does not display its denomination on either side.
| Year | 1805 |
|---|---|
| Metal | Gold |
| Grade | AU58 |
| Mint | Philadelphia |
| Weight | .258 |
| Fineness | .917 |
| Diameter | 25 mm |
A LITTLE STICKER MAKES A BIG DIFFERENCE.
Within each number of the coin grading scale is a small range of condition from low-end to high-end. Certified coins of the same grade can be of varying quality. Many of today’s collectors want coins that are solid or premium quality for their assigned grade. CAC holds coins to a higher standard so you can be confident in the value of yours. We verify previously graded coins … and award our sticker only to those coins that meet the standard for today’s selective buyer.
WHAT THE CAC STICKER MEANS:
- Verified. Your coin has been verified as meeting the standard for strict quality within its grade.
- Guaranteed. CAC stands behind our verification.
THE CAC STICKER IS BACKED BY EXPERIENCE.
CAC was founded by leading members of the numismatic community, including John Albanese, a respected authority on coin grading and the rare coin market.
Comparison Chart
