1795 $5 Small Eagle (Regular Strike)

Series: Draped Bust $5 1795-1807

PCGS MS65

PCGS MS65

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PCGS MS64+

PCGS MS64+

PCGS MS64

PCGS MS64

PCGS #:
8066
Designer:
Robert Scot
Edge:
Reeded
Diameter:
25.00 millimeters
Weight:
8.75 grams
Mintage:
8,707
Mint:
Philadelphia
Metal:
91.7% Gold, 8.3% Copper
Current Auctions - PCGS Graded
Current Auctions - NGC Graded
For Sale Now at Collectors Corner - PCGS Graded
For Sale Now at Collectors Corner - NGC Graded

Rarity and Survival Estimates Learn More

Grades Survival
Estimate
Numismatic
Rarity
Relative Rarity
By Type
Relative Rarity
By Series
All Grades 550 R-5.9 5 / 5 20 / 23 TIE
60 or Better 100 R-8.0 4 / 5 13 / 23 TIE
65 or Better 5 R-9.7 1 / 5 7 / 23 TIE
Survival Estimate
All Grades 550
60 or Better 100
65 or Better 5
Numismatic Rarity
All Grades R-5.9
60 or Better R-8.0
65 or Better R-9.7
Relative Rarity By Type All Specs in this Type
All Grades 5 / 5
60 or Better 4 / 5
65 or Better 1 / 5
Relative Rarity By Series All Specs in this Series
All Grades 20 / 23 TIE
60 or Better 13 / 23 TIE
65 or Better 7 / 23 TIE

Condition Census What Is This?

Pos Grade Image Pedigree and History
1 MS65 PCGS grade

J. Colvin Randall Collection - W. Elliot Woodward 6/1885:866 - Harold P. Newlin - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 11/1979:433 - William Mitkoff - Anthony Terranova - Paramount (David Akers), sold privately in 4/1986 - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 9/2015:2069, $646,250 

1 MS65 PCGS grade

Superior 3/2001:798, $212,750

1 MS65 PCGS grade

Bowers & Merena 8/1998:317, not sold - Goldbergs 9/1999:1733, $207,000 - Superior 3/2000:807, $230,000 - Stack's 6/2008:2052, $586,500

1 MS65 estimated grade

Robert Batchelder, sold privately at the 1962 A.N.A. Convention - Jimmy Hayes Collection - Stack’s “Auction ‘84” 7/1984:1413 - Harry W. Bass, Jr. Collection, Part II - Bowers & Merena 10/1999:711, $138,000 - Heritage 1/2015:4271, $587,500

5 MS64+ PCGS grade
6 MS64 PCGS grade MS64 PCGS grade

Heritage 1/2007:3493, $345,000 - Madison Collection - Heritage 1/2008:3134, $373,750

6 MS64 PCGS grade

Stack's 1/2005:3337, $207,000 - Goldbergs 9/2007:3276, $322,000

6 MS64 PCGS grade
6 MS64PL estimated grade

Coinhunter 1/2007:307, $583,000 - Heritage 1/2008:3135, not sold - The Wisconsin Gold Type Set Collection - Heritage 7/2009:1248, $345,000 - Heritage 1/2011:5076, $345,000 - Heritage 1/2013:5861, $330,175

6 MS64 estimated grade

Bowers & Merena 5/2004:407, $299,000

#1 MS65 PCGS grade

J. Colvin Randall Collection - W. Elliot Woodward 6/1885:866 - Harold P. Newlin - T. Harrison Garrett Collection - Robert Garrett Collection - John Work Garrett Collection - Johns Hopkins University Collection - Bowers & Ruddy 11/1979:433 - William Mitkoff - Anthony Terranova - Paramount (David Akers), sold privately in 4/1986 - D. Brent Pogue Collection - Stack's/Bowers & Sotheby's 9/2015:2069, $646,250 

#1 MS65 PCGS grade

Superior 3/2001:798, $212,750

#1 MS65 PCGS grade

Bowers & Merena 8/1998:317, not sold - Goldbergs 9/1999:1733, $207,000 - Superior 3/2000:807, $230,000 - Stack's 6/2008:2052, $586,500

#1 MS65 estimated grade

Robert Batchelder, sold privately at the 1962 A.N.A. Convention - Jimmy Hayes Collection - Stack’s “Auction ‘84” 7/1984:1413 - Harry W. Bass, Jr. Collection, Part II - Bowers & Merena 10/1999:711, $138,000 - Heritage 1/2015:4271, $587,500

#5 MS64+ PCGS grade
MS64 PCGS grade #6 MS64 PCGS grade

Heritage 1/2007:3493, $345,000 - Madison Collection - Heritage 1/2008:3134, $373,750

#6 MS64 PCGS grade

Stack's 1/2005:3337, $207,000 - Goldbergs 9/2007:3276, $322,000

#6 MS64 PCGS grade
#6 MS64PL estimated grade

Coinhunter 1/2007:307, $583,000 - Heritage 1/2008:3135, not sold - The Wisconsin Gold Type Set Collection - Heritage 7/2009:1248, $345,000 - Heritage 1/2011:5076, $345,000 - Heritage 1/2013:5861, $330,175

#6 MS64 estimated grade

Bowers & Merena 5/2004:407, $299,000

David Akers (1975/88):

Although not particularly scarce by Half Eagle standards, the 1795 Small Eagle is nevertheless a relatively high priced coin due to its status as the first U.S. gold coin and its popularity as a type coin. It is much more common than the other dates of this type and is fairly obtainable in AU-Unc. condition. Gems, that is MS-65 or better coins, are rare but still occasionally available. Proof-like surfaces are the norm rather than the exception but no true proofs exist. There are, however, several first strike specimens that have the characteristics of "presentation" pieces.

One interesting variety exists with the second S in STATES over the letter D. This variety, although more rare than the varieteies with the plain S, does not generally command a premium.

Ron Guth:

Harry Bass and John Dannreuther identified 12 different die varieties of the 1795 Small Eagle $5 gold piece, all of which are scarce, and some of which are exceedingly rare. Some examples show adjustment marks (parallel file marks caused by filing the planchet to bring the weight down to standard); these are considered mint-caused defects that affect the value of the coin only minimally (actual scratches can have a major, detrimental effect on value depending on quantity and severity).

Sources and/or recommended reading: "Early U.S. Gold Coin Varieties" by John W. Dannreuther and Harry W. Bass, Jr.

"United States Half Eagle Gold Coins 1795 to 1834" by Robert W. Miller, Sr.

"Walter Breen's Complete Encyclopedia Of U.S. And Colonial Coins" by Walter Breen