John Reich designed the Draped Bust Half Eagle, which was minted from 1807 – 1812. The eagle on the reverse was modified somewhat, and the front image of Liberty is shown wearing a round cap and facing left. The reverse also featured the inscription ‘5D’ to indicate its value, the first time this designation was used on the coin. A modified version of the Draped Bust was minted in 1813. This version removed much of the lower bust, providing a larger image of Liberty, and was minted through 1834. Another revision in 1829 reduced the diameter of the coin to 23.8mm.
Using gold as payment involves the need to verify its purity, which is a drawback for widespread use as currency.…
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