Tag: 1834 Caped Head Five Dollar

Seldom Seen Selections: The Finest Graded Plain 4 1834 Capped Head Five Dollar

Seldom Seen Selections: The Finest Graded Plain 4 1834 Capped Head Five Dollar

Heritage Auctions On June 28, 1834 Congress passed a law adjusting the weight and composition of the gold eagle (which had not been minted since 1804), half eagle, and quarter eagle. The so-called “old tenor” coinage, struck prior to this act, was .9167 gold (22 carats), which was based on the composition of British gold […]

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