1861-D Coronet $5.00 Half Eagle

The 1861-D Coronet Half Eagle is the scarcest $5.00 coin struck at the Dahlonega Mint. It also played one of the most historically significant roles in US coin collecting.

On April 8, 1861, four days prior to the opening shots of the American Civil War at Fort Sumter, Confederate forces seized the US branch mint in Dahlonega, Georgia.

Up until the time of the southern capture, the Dahlonega Mint had coined 1,597 of the 1861-D Half Eagles. The rebels continued striking half eagles, though exactly how many is not known. Researchers estimate the number to be in the range of 2,500-3,500 pieces.

Because the same federal dies were used by both the US and CSA, we cannot with certainty distinguish which governing authority struck what coins. However, numismatic scholars have observed that a good number of the 1861-D Coronet Half Eagle surviving population (numbering no more than 75 coins) are characterized by poor strikes and misaligned dies. The theory goes that these particular coins were minted by less experienced personnel, as might have been the case after the Confederate takeover.

The 1861-D Half Eagle has displayed surprisingly sluggish price increases for a long period of time (see graph below). This flat line effect cannot be explained because of lack of interest; to the contrary, collectors have always respected the 1861-D as a front row eyewitness to the earliest events of the War Between the States.





1861-D Coronet $5.00 Half Eagle


1861-D Dahlonega Civil War gold $5.00 Half Eagle
Coin Photos courtesy of Heritage Auction Galleries






1861-D Half Eagle Price Trend Graph

1861-D Coronet Half Eagle (F-12 Condition)

The 1861-D Coronet Half Eagle is a rare, historically significant US gold coin. One would expect to see more impressive value increases compared to what we've actually experienced. The blue line above charts the percent value increase of the 1861-D Half Eagle in F-12 condition since Jan 2000. For a long time, the percent increase was practically flat. Finally, in 2009, prices picked up considerably, but the performance of the 1861-D still falls far below the Rare Coin Values Index, which is depicted by the red line. The Index monitors the percent increase fluctuations of 87 representational rare United States coins. The goal of the Index is to get a feel for the health of the US rare coin market. The 1861-D Half Eagle is one of the 87 coins included in the Index. All Index data is updated monthly.


 

Members of the Rare Coin Values Index
Date Coin Type Grade Est. Retail Value Nov 2022
1793 Liberty Cap Left Half Cent G-4 4000
1802 2/0 Rev 1802 Draped Bust Half Cent G-4 900
1793 Chain AMERI. Flowing Hair Large Cent G-4 10000
1794 Starred Rev Liberty Cap Large Cent G-4 35000
1799 Draped Bust Large Cent G-4 6500
1856 Flying Eagle Cent G-4 6500
1877 Indian Head Cent G-4 600
1909-S VDB Lincoln Cent G-4 625
1914-D Lincoln Cent G-4 170
1922-D (No D) Lincoln Cent G-4 550
1864 Small Motto Two Cent F-12 425
1865 Three Cent Silver PF-65 1750
1884 Three Cent Nickel F-12 1150
1795 Flowing Hair Half Dime G-4 1400
1797 Draped Bust, Small Eagle Half Dime G-4 1500
1800 Draped Bust, Large Eagle Half Dime G-4 1500
1865 Seated Liberty Half Dime G-4 325
1879 Shield Nickel VG-8 575
1885 Liberty Nickel VG-8 675
1913-S Type 2 Buffalo Nickel G-4 325
1918/7-D Buffalo Nickel G-4 775
1937-D 3 Legs Buffalo Nickel G-4 475
1796 Draped Bust Dime G-4 3500
1822 Capped Bust Dime G-4 2000
1871-CC Seated Liberty Dime G-4 3250
1895-O Barber Dime G-4 525
1916-D Mercury Dime VG-8 1400
1942/1-D Mercury Dime VG-8 425
1875-CC Twenty Cent G-4 250
1796 Draped Bust, Small Eagle Quarter G-4 12500
1804 Draped Bust, Large Eagle Quarter G-4 4000
1823 Capped Bust Quarter G-4 40000
1870-CC Seated Liberty Quarter G-4 9000
1896-S Barber Quarter G-4 750
1901-S Barber Quarter G-4 4750
1916 Standing Liberty Quarter G-4 2900
1918/7-S Standing Liberty Quarter G-4 1150
1923-S Standing Liberty Quarter G-4 300
1932-D Washington Quarter F-12 90
1794 Flowing Hair Half Dollar G-4 5500
1796 16 Stars Draped Bust Small Eagle Half Dollar G-4 42500
1815/12 Capped Bust Half Dollar G-4 1750
1836 Reed Edge Capped Bust Half Dollar G-4 1250
1870-CC Seated Liberty Half Dollar G-4 900
1892-O Barber Half Dollar G-4 325
1921-D Walking Liberty Half Dollar VG-8 350
1938-D Walking Liberty Half Dollar VG-8 60
1953-S Franklin Half Dollar MS-65 FBL 27500
1794 Flowing Hair Silver Dollar G-4 75000
1796 Draped Bust Small Eagle Silver Dollar G-4 2000
1801 Draped Bust Large Eagle Silver Dollar G-4 1100
1836 Gobrecht Dollar, Name on Base, Circ. Issue XF-40 12500
1873-CC Seated Liberty Dollar G-4 12000
1879 Trade Dollar PF-65 6900
1889-CC Morgan Silver Dollar F-12 1250
1893-S Morgan Silver Dollar F-12 4000
1895 Morgan Silver Dollar F-12 (PF Only) 35000
1928 Peace Dollar F-12 225
1849-C Cl. Wreath Type One Gold Dollar VF-20 2350
1855-D Type Two Gold Dollar VF-20 25000
1861-D Type Three Gold Dollar VF-20 45000
1796 No Stars Capped Bust $ 2.50 Quarter Eagle F-12 64500
1808 Capped Draped Bust $2.50 Quarter Eagle F-12 53500
1826 Capped Head $2.50 Quarter Eagle F-12 13750
1838-C Classic Head $2.50 Quarter Eagle F-12 4500
1848 CAL. Coronet $2.50 Quarter Eagle F-12 37500
1856-D Coronet $2.50 Quarter Eagle F-12 14500
1911-D Indian Head $2.50 Quarter Eagle XF-40 3750
1854-D Indian Head Three Dollar F-12 32500
1795 Capped Bust Small Eagle $5.00 Half Eagle F-12 27500
1800 Capped Bust Large Eagle $5.00 Half Eagle F-12 4500
1808 Capped Draped Bust $5.00 Half Eagle F-12 3850
1821 Capped Head $5.00 Half Eagle F-12 32500
1833 Large Date Capped Head $5.00 Half Eagle F-12 22500
1834 Cross 4 Classic Head $5.00 Half Eagle F-12 1950
1861-D Coronet $5.00 Half Eagle F-12 25000
1870-CC Coronet $5.00 Half Eagle F-12 30000
1909-O Indian Head $5.00 Half Eagle XF-40 8000
1795 9 Leaves Capped Bust Small Eagle $10 Eagle F-12 105750
1804 Capped Bust Large Eagle $10 Eagle F-12 20000
1841-O Coronet $10 Eagle F-12 9750
1879-CC Coronet $10 Eagle F-12 22000
1911-D Indian Head $10 Eagle XF-40 2250
1930-S Indian Head $10 Eagle XF-40 31250
1859-O Coronet $20 Double Eagle VF-20 20000
1907 Wire Rim St-Gaudens $20 Double Eagle XF-40 11000
1921 St-Gaudens $20 Double Eagle XF-40 47500


See the 87 Index Coins