The US 1848 Half Eagle $5, designed by Christian Gobrecht, featured Liberty on the obverse and an eagle on the reverse. Struck in 90% gold, the coin reflected America’s expanding economy during the Gold Rush that began in 1848. The influx of gold from California influenced coin production, increasing demand for gold coins like the 1848 Half Eagle.
Politically, the Mexican-American War (1846-1848) had just ended, leading to the acquisition of new territories rich in gold. The 1848 Half Eagle $5 became an important symbol of national growth, with Gobrecht’s design highlighting both the countrys expanding wealth and its reliance on gold during a period of rapid economic and territorial expansion.