Draped Bust $5 Gold Coin (1795-1807)
Mint Location: Philadelphia
Designer: James B. Longacre
Composition: 91.67% gold; 8.33% silver & copper
Weight: 8.75g
Edge Type: Reeded
For this coin the obverse was the same and the reverse was different. The obverse has the same Turban Head depiction of Liberty as the $10 coin, facing right. The words LIBERTY are at the top and the date is at the bottom. There are 10 stars on the left and 5 stars on the right. The Type 1 (1795-1798) reverse design is a small eagle with a wreath in it’s mouth, clasping a branch. The words UNITED STATES OF AMERICA are around the edge. There is no denomination or value marking. The Type 2 (1795-1807) reverse design is the same Heraldic eagle as the $10 coin.
Coin Values: Because of the very low mintage of these coins, all are rare. Those available are graded usually AU or less. A 1805 MS-62 Gold $5.00 Draped Bust (Type2) sold for $13,500 while a 1806 AU53 Gold $5.00 Draped Bust (Type2) sold for $9250.
1795-Gold $5.00 Draped Bust (small eagle)
1795 Gold $5.00 Draped Bust (heraldic eagle)