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Issued from 1834 to 1838, Classic Head $5 coins circulated during times of significant economic disturbance. In the early 1830s, the country witnessed intense speculation in western lands, and there was a vast expansion of often unsecured paper money issued by shaky banks. President Andrew Jackson’s Specie Circular of July 1837 decreed that only gold or silver coins would be accepted for purchases of public lands. The Classic Head Half Eagle 5 Dollar gold coin is highly-desirable in certified high-grade condition, and the superior examples listed here for sale offer what would be a fantastic addition to the best of portfolios.