LUSTRE

Lot 044Coin values

1897-S Liberty Head Half Eagle

SAN FRANCISCO (S) · 90% GOLD, 10% COPPER · 354,000 STRUCK

The answer

Worth about $1,000⁠–⁠$1,550 circulated and $42,000⁠–⁠$58,000 in MS-65.

The 1897-S Liberty Head Half Eagle is a scarcer date from the San Francisco Mint, with 354,000 pieces struck. In circulated grades (G-4 to EF-40) our estimate is $1,000⁠–⁠$1,550, and a well-preserved MS-65 example is estimated at $42,000⁠–⁠$58,000.

Liberty Head half eagle obverse: coronet Liberty head facing left
Obverse
Liberty Head half eagle reverse: eagle with IN GOD WE TRUST above and FIVE D. below
Reverse
View in 3D, coming soon Type coin shown: 1866 Liberty Head half eagle with motto, Proof specimen (same design 1866 to 1908)

Type coin shown: 1866 Liberty Head half eagle with motto, Proof specimen (same design 1866 to 1908). We do not yet hold a licensed photograph of the 1897-S Liberty Head Half Eagle itself, so this is the nearest dated coin of the same design. The design is the same; the date, mint mark and condition of your coin will differ. Photograph: 1866 Liberty Head half eagle with motto, Proof specimen (design used 1866 to 1908), National Numismatic Collection. Public domain, credit US Mint (coin), National Numismatic Collection (photograph by Jaclyn Nash), via Wikimedia Commons.

Mint
San Francisco (S)
Composition
90% gold, 10% copper
Mintage
354,000
Weight and size
8.359 g · 21.6 mm
Designer
Christian Gobrecht
RarityScarce
PlentifulRare

Among the more plentiful: 52% of issues in the series have a smaller mintage. 354,000 struck. Mintage is the number struck, not the number that survive.

Value ladder
Varieties to look for

Weight and size

A genuine coin weighs 8.359 g and measures 21.6 mm, with a reeded edge. Gold coins are widely counterfeited; check weight and diameter first.

Mint mark

CC, S, O and D sit on the reverse below the eagle. Philadelphia coins have none. Check that the mint mark matches the date and is original.

Strike and surface

Look at the hair above Liberty's ear and the eagle's head and wings for wear. Bag marks and cleaning cut the Mint State grade.

Questions

About the 1897-S Liberty $5

How much is a 1897-S Liberty Head Half Eagle worth?

Lustre's editorial estimate (Oct 2026) is $1,000⁠–⁠$1,550 for circulated examples (G-4 to EF-40) and $42,000⁠–⁠$58,000 in MS-65. These are estimates, not an appraisal or market data. A coin in the grade you hold may sell for less at a dealer, who needs a margin.

Is a 1897-S Liberty Head Half Eagle gold?

Yes. It is 90% gold, 10% copper and weighs 8.359 g, which is 0.2419 troy ounces of pure gold. Its melt value is that weight multiplied by the current gold spot price, shown live on this page. Collector value is usually above melt.

How many 1897-S Liberty Head Half Eagles were minted?

354,000 were struck at the San Francisco Mint.

Where is the mint mark on a Liberty Head Half Eagle?

On the reverse, below the eagle. Philadelphia coins have no mint mark.

Is my 1897-S Liberty Head Half Eagle rare?

It is a scarcer date. It is worth more than a common date in better grades.

Neighbouring issues

More Liberty Head Half Eagle values

All 66 Liberty Head Half Eagle issues

Sources and method

Where these numbers come from

Half eagle, Wikipedia: weight (8.359 g), diameter (21.6 mm), gold content (about 0.242 oz), designer, years of the Liberty Head design.

Liberty Head Half Eagle: 1839-1908, Type Set Coin Collecting (typesets.wikidot.com, CC BY-SA): mintage and proof mintage by year and mint.

PCGS CoinFacts date pages (mintage cross-check only), PCGS: cross-check of a few mintage figures (1880 and 1884-CC $20, 1880 $5, 1884 proofs); no prices used.

Lustre editorial grade-value estimates, Lustre: grade value ranges (estimates, not market data).

gold-api.com spot prices (reference level for estimates), gold-api.com: reference spot prices behind the estimates.

How the estimates are made. Facts reviewed Oct 2026.

Circulated$1,000⁠–⁠$1,550
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