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Inventory:
1 In Stock
- Product ID: 11485
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/27/24 05:42:02 | ||
Gold
 11.61
|
$2,644.28 | $2,657.20 |
The 1880 $5 Gold Liberty coin, commonly known as the Liberty Head half eagle, represents a distinguished piece of American numismatic history. As a product of late 19th-century coinage, this coin encapsulates both the artistic vision and economic principles of its time. The Liberty Head series, which includes the $5 denomination, is renowned for its intricate design and its role in shaping the American monetary system during a period of significant national growth and industrialization.
The Liberty Head design, created by the renowned engraver Christian Gobrecht, was first introduced in 1838. This design became a hallmark of U.S. coinage, encompassing a range of denominations including the $2.50 quarter eagle, $5 half eagle, $10 eagle, and $20 double eagle. The 1880 issue falls within the latter part of this design's run, preceding its replacement by the Liberty Head design by James Longacre in the 1890s. The 1880 $5 Gold Liberty is particularly notable as it represents a culmination of the design's evolution and embodies the aesthetic and symbolic values of its era.
The obverse of the 1880 $5 Gold Liberty features a finely detailed portrait of Liberty, facing left. She is depicted with her hair arranged in a free-flowing style, adorned with a headband inscribed with the word "LIBERTY." This headband is further decorated with stars, which symbolize the original thirteen colonies that formed the United States. Surrounding Liberty is a beaded border, while thirteen stars are positioned around the coin's edge, reflecting the number of states at the time the design was first introduced. This portrayal of Liberty captures both the classical ideals of beauty and the national pride of the period.
On the reverse side, the 1880 $5 Gold Liberty coin features an eagle with outstretched wings, clutching an olive branch and arrows in its talons. The eagle is encircled by a laurel wreath, symbolizing peace and strength. Above the eagle is the motto "E PLURIBUS UNUM," meaning "Out of many, one," which underscores the unity of the United States. The denomination "$5" is prominently displayed below the eagle, clearly indicating the coin's value. The reverse design effectively conveys the principles of American nationalism and the country's strength and unity during the late 19th century.
The minting of the 1880 $5 Gold Liberty coin took place at the Philadelphia Mint, which was the primary minting facility for the United States at the time. Philadelphia's role as the first and most significant minting location in the country contributed to the production of a substantial portion of U.S. coinage during this period. The 1880 issue was part of a broader effort to ensure a stable and reliable currency system as the United States experienced economic expansion and industrial growth.
The total mintage for the 1880 $5 Gold Liberty coin was approximately 1,735,690 pieces. This figure reflects a relatively moderate level of production compared to other years in the series. The coin's mintage contributes to its collectibility, as lower mintage figures often correlate with increased rarity and desirability among collectors. The 1880 $5 Gold Liberty is particularly sought after by numismatists due to its historical significance and the quality of its design.
The condition of the 1880 $5 Gold Liberty coin is a crucial factor in determining its value and appeal. The XF (Extremely Fine) grade indicates that the coin is in excellent condition, with only minor signs of wear. In this grade, the coin retains much of its original detail and luster, though some of the finer design elements may show slight wear from handling and circulation. Coins in XF condition are highly prized by collectors for their well-preserved state, which allows for a clear and detailed view of the intricate designs and inscriptions that characterize the coin.
Overall, the 1880 $5 Gold Liberty coin represents a significant chapter in American numismatic history. Its design, minting details, and condition contribute to its status as a valuable and desirable collectible. The coin serves as a tangible link to the economic and cultural development of the United States during the late 19th century, reflecting the artistry and craftsmanship of its time. For collectors and enthusiasts, the 1880 $5 Gold Liberty remains a compelling example of the enduring legacy of American coinage and its role in shaping the nation's financial history.