What is the first gold coin minted in USA? The answer will be $5 Half Eagle also reffered to as the Capped Bust to Right Small Eagle. The Half Eagle is a United States coin that was produced for circulation from 1795 to 1929 and in commemorative and bullion coins since the 1980s. Composed almost entirely of gold, it has a face value of five dollars. Its production was authorized by The Act of April 2, 1792, and it was the first gold coin minted by the United States. Many of the gold coins had been melted for their gold content. Its a very rare coins and very expensive.
Picture by Heritage Auction
The design and composition of the half eagle changed many times over the years, but it was originally designed by Robert Scot. At this time the coin contained .9167 gold and .0833 copper and silver. It had a diameter of approximately 25 mm, a weight of 8.75 grams, and a reeded edge. The obverse design, or "Turban Head", depicted a capped portrait of Liberty facing to the right. The reverse depicted a small eagle. This type was produced from 1795 to 1798. Simultaneously, another type was minted that depicted a larger heraldic eagle on the reverse with the inscription "E PLURIBUS UNUM". This type was produced through 1807.
Technical Specification:
Content: .9167 gold and .0833 copper and silver
Denomination: $5
Diameter: 25 mm
Weight: 8.75grams
Edge: Reeded
Year: 1795
Mintage: 8,707
Designer: Robert Scot
Source: Wikipedia, Heritage Auction.
