The value of a 5 dollar gold coin depends heavily on its specific type, year of mintage, and condition.
- These coins, minted from 1986 onwards, contain 1/10 troy ounce of gold.
- Values typically range from $455 to $525 for circulated coins.
- Some rare issues, like the 1988 $5 Gold Eagle MS, can reach significantly higher values, sometimes fetching as much as $5,750.
- These are considered collectible coins and are valued beyond their gold melt value due to factors like rarity, condition, and historical significance.
- They contain 0.24187 troy ounces of gold.
- Liberty Head $5 Gold Coins (1839-1908):
– Prices can range from a few hundred dollars to several thousand, depending on the year and condition.
– As an example, an 1880 Half Eagle in circulated condition may be worth between $905 and $985, while a pristine, uncirculated specimen could sell for up to $13,000.
- Indian Head $5 Gold Coins (1908-1929):
– These coins are also highly collectible due to their unique design and limited mintage.
– A circulated 1908 Indian Half Eagle might be worth $900 – $985, but an uncirculated one could be valued as high as $62,500.
– [According to Wholesale Coins Direct] , $5 Indian Head Gold coins in XF condition can be purchased for around $887.37 – $924.37, while those graded MS-64 can sell for up to $1,605.88.
In conclusion
The value of a $5 gold coin is not simply its face value. It’s a combination of the current price of gold, the coin’s historical significance, its rarity, and its condition. Consulting a professional numismatist or referencing a reputable coin price guide like the [Greysheet] can help accurately determine the value of a specific coin.
Are $5 coins rare?
The 5-dollar Liberty Head gold coins were once not very rare at all, however, the recall of these coins during the Great Depression is why so few exist today. Thousands of these coins were melted into bars to support the US economy, leaving those that remain carrying a higher value than most other US gold coins.
How much is a 1885 $5 gold coin worth?
According to the NGC Price Guide, as of August 2025, a Half Eagle from 1885 in circulated condition is worth between $920 and $1000. However, on the open market 1885 5 Dollar Coins in pristine, uncirculated condition sell for as much as $15000.