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Assuming the coin is circulated and has no mintmark, the 1881 Liberty Head Half Eagle is the highest mintage of the entire series and very common. For an accurate assessment of value the coin needs to be seen and graded. Most coins show a lot of wear. In general retail values for low grade coins are $444.00-$462.00, better grade are $470.00-$480.00 and coins showing almost no wear run from $490.00-$515.00. Values are a market average and only for coins in collectible condition, coins that are bent, corroded, scratched, used as jewlery or have been cleaned have far less value if any to a collector or dealer.

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Q: What is the value of an 1881 five dollar gold piece?
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