Note the same design, experienced a change in diametric size after 1840. This created a thicker coin which was more easily struck with greater detail. Because detail was likely enhanced at production, the type set collector will have no problem acquiring one of the more plentiful dates in any desired grade from Very Fine through AU, with a typical grade encountered being Very Fine to Extremely Fine. Uncirculated pieces are scarce, and superb Uncirculated coins are very rare. Proofs were made in limited quantities and are rarities. The Coronet design, also called the Liberty Head or Braided Hair type, made its appearance in the half eagle series in 1839. The obverse depicts a female head facing left, her hair tied in a bun secured by a string of beads, wearing a coronet inscribed LIBERTY, stars surrounding, and with the date below. The reverse shows an eagle with a shield on its breast, perched on an olive branch and holding three arrows. The inscription UNITED STATES OF AMERICA, FIVE D. surrounds. Coinage was accomplished at the Philadelphia Mint on a continuous basis during the span indicated. Additional pieces were made from time to time at Charlotte, Dahlonega, New Orleans, and San Francisco. In general, Charlotte and Dahlonega pieces are scarce.
These coins were minted before President Franklin Roosevelt required Americans to turn in their Gold coins to be melted into bars to help combat the Great Depression. This recall made these coins that were previously common currency, a rare find. Because of this, the $10 Liberty Eagles are some of the Pre-1933 U.S. Gold that are some of the most desirable coins to collectors and investors.