1814/3 Capped Head Left Half Eagle


1814/3 Capped Head Left Half Eagle

Circulation Mintage: 15,454
Obverse Text: 1814/3 | LIBERTY
Reverse Text: UNITED STATES OF AMERICA | E PLURIBUS UNUM | 5 D.

Produced from a single die pairing, the 1814/3 is the second issue in the Capped Head Left half eagle series that continued through 1834. Although the total mintage of this design type is significantly greater than its Capped Bust Right predecessor of 1807 to 1812, the Capped Head Left is far rarer and much more challenging to collect. The latter type was far more extensively hoarded and melted. In fact, few gold coins were seen in domestic circulation in the United States after 1812, and none were to be found after 1821. In the years leading up to the reduction in weight of the half eagle in 1834 most examples were instead used in international commerce, only to be melted overseas for their bullion content. The few survivors of the Capped Head Left half eagle series in numismatic hands are mostly pieces that were hoarded stateside and managed to escape destruction, along with a smaller number of pieces found in foreign holdings. The 1814/3 is one of the more frequently encountered issues of this type in today's market, although survivors are very scarce in an absolute sense and far rarer than those of 1813.

View 1814/3 Capped Head Half Eagle Auction Results

The example to the left was sold by Stack's Bowers Galleries in the D. Brent Pogue Part III Auction, where it realized $64,625.

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