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Inventory:
2 In Stock
- Product ID: 52927
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/24/24 02:57:02 | ||
Gold
 3.78
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$2,615.60 | $2,630.53 |
The $5 Gold Liberty coin from 1880 is a remarkable piece of American numismatic history, representing not only a significant monetary denomination of its time but also an artistic achievement that reflects the values and aspirations of a nation in the late 19th century. Struck during an era of economic growth and westward expansion, this coin is a testament to both the economic and cultural landscape of the United States during this period.
The history of the $5 Gold Liberty coin, commonly referred to as the Liberty Head or Half Eagle, dates back to 1795. The Liberty Head design was introduced in 1839 and remained in circulation until 1908, undergoing several design modifications throughout its lifetime. The coin's primary purpose was to facilitate trade and commerce, and its gold content made it a reliable form of currency. In 1880, the coin was produced during a time of significant economic transformation in the United States, as the country was experiencing the effects of the Industrial Revolution and the expansion of the railroad network.
The 1880 $5 Gold Liberty coin features a distinctive design that is both elegant and symbolic. The obverse side showcases a left-facing portrait of Lady Liberty, who is depicted wearing a coronet inscribed with the word “LIBERTY.” The portrait is surrounded by thirteen stars, representing the original thirteen colonies of the United States. This imagery reflects the ideals of freedom and democracy that were central to the American identity. The artist responsible for this design was Christian Gobrecht, who played a vital role in American coinage during the 19th century. His work on the Liberty Head series is celebrated for its attention to detail and artistic quality.
On the reverse side of the coin, a majestic eagle is depicted, with its wings spread wide and its head turned to the left. The eagle is shown holding a banner inscribed with the motto “E PLURIBUS UNUM,” which translates to “Out of many, one.” This phrase embodies the spirit of unity among the diverse states and peoples of the United States. Above the eagle, the inscription “UNITED STATES OF AMERICA” can be found, along with the denomination “FIVE DOLLARS” at the bottom. The design of the reverse was crafted by the same artist, reflecting a harmonious balance between the two sides of the coin.
The 1880 $5 Gold Liberty coin was minted at several locations, with the most notable being the Philadelphia Mint, which served as the primary mint for the United States. The coin has a total mintage of approximately 4.5 million pieces, making it relatively common compared to other years in the series. However, the 1880 coin remains a desirable collectible due to its historical significance and attractive design. Its popularity among collectors is further enhanced by its status as part of the Liberty Head series, which is well-regarded for its beauty and historical relevance.
The coin’s composition consists of 90% gold and 10% copper, giving it a distinctive yellow hue that is characteristic of gold coins from this era. With a weight of 8.359 grams, the 1880 $5 Gold Liberty coin is a substantial piece that embodies both intrinsic and numismatic value. The gold content itself has maintained its value over time, making it an attractive investment for collectors and investors alike. The coin's diameter is 21.6 mm, which provides a satisfying heft and presence when held.
In terms of grading, the 1880 $5 Gold Liberty coin in AU (About Uncirculated) condition exhibits only minor wear on the highest points of the design. This grade indicates that the coin has been well-preserved and displays a significant amount of its original luster. Coins in AU condition are highly sought after by collectors, as they represent a fine balance between affordability and quality. The 1880 coin is particularly appealing due to its historical context and the artistry of its design, making it a treasured addition to any numismatic collection.
The significance of the $5 Gold Liberty coin extends beyond its monetary value; it serves as a tangible link to America's past. As the country navigated through challenges and changes during the 19th century, the coin became a symbol of economic stability and national identity. It reflects the aspirations of a nation that was growing and evolving, as well as the artistry and craftsmanship that were integral to American coinage. Collectors of this coin often appreciate its role in the broader narrative of American history and the evolution of currency in the United States.
In conclusion, the 1880 $5 Gold Liberty coin stands as a remarkable testament to American history, artistry, and economic progress. Its elegant design, historical significance, and substantial gold content make it a highly valued collectible among numismatists and investors. Whether admired for its beauty or appreciated for its place in history, this coin is a cherished piece of the American numismatic landscape.