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Inventory:
1 In Stock
- Product ID: 52930
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/23/24 12:37:01 | ||
Gold
 45.57
|
$2,714.41 | $2,728.15 |
The $5 Gold Liberty coin from 1881 is a notable representative of American coinage, embodying the artistry and historical context of the time. As part of the Liberty Head series, which was introduced in 1839, this coin played a significant role in the economic landscape of the United States during the late 19th century. The Liberty Head design is characterized by its iconic depiction of Lady Liberty and has become a classic symbol of American currency.
The Liberty Head series was created as a response to the growing demand for gold coins in the burgeoning economy of the United States. Following the California Gold Rush, which began in 1848, the nation saw a dramatic increase in gold production, leading to a need for more efficient currency. The $5 denomination, known as the half eagle, provided a convenient means for conducting transactions in an expanding marketplace. The 1881 coin was minted during a period of economic growth and stability, marked by advancements in technology and infrastructure.
In 1881, the United States was experiencing a time of industrialization and expansion. The nation was moving towards becoming a global economic power, and the demand for gold coins was at an all-time high. This coin was minted at the San Francisco Mint, which was established in 1937 and became a crucial center for gold coin production. The San Francisco Mint played a pivotal role in minting gold coins, particularly as gold was being mined extensively in California.
The design of the 1881 $5 Gold Liberty coin is both striking and emblematic. On the obverse, the coin features a left-facing portrait of Lady Liberty, adorned with a coronet that bears the inscription “LIBERTY.” This portrait is surrounded by thirteen stars, representing the original colonies, and the year of minting appears below the portrait. The artist responsible for this classic design is Christian Gobrecht, who contributed significantly to the aesthetics of American coinage during the 19th century.
The reverse side of the coin showcases a majestic eagle, which is depicted with its wings outstretched, grasping a shield in its talons. Above the eagle is the inscription “UNITED STATES OF AMERICA,” and the denomination “FIVE DOLLARS” appears below. The eagle's fierce demeanor and the emblematic use of the shield convey a sense of strength and unity, reflecting the ideals of the nation during this era. The coin's design encapsulates the spirit of patriotism and resilience that characterized the United States in the late 1800s.
The composition of the 1881 $5 Gold Liberty coin is 90% gold and 10% copper, resulting in a beautiful yellow hue and substantial durability. Weighing approximately 8.359 grams with a diameter of 21.6 mm, the coin is both visually appealing and substantial in hand. This standard composition was maintained for gold coins minted by the United States, ensuring consistency and trust in the currency's value.
In terms of mintage, the 1881 $5 Gold Liberty coin was produced in relatively modest quantities, with an estimated mintage of approximately 1.4 million pieces. This figure indicates that while the coin was not exceedingly rare, it remains less common than other dates within the Liberty Head series. The “S” mintmark signifies that this coin was minted at the San Francisco Mint, adding to its allure among collectors who value coins from this prestigious facility.
Coins in AU (About Uncirculated) condition, such as the 1881 example, display minimal wear on the highest points of the design. They typically exhibit traces of luster and brilliance, indicating that they have been well-preserved over time. The AU designation highlights the coin's high quality, making it a desirable piece for collectors who appreciate historical significance and artistic craftsmanship.
The demand for the 1881 $5 Gold Liberty coin continues to be strong among numismatists and investors. Its rich history, coupled with its appealing design and gold content, makes it a sought-after collectible. The coin serves as a tangible connection to a pivotal moment in American history, offering insights into the economic conditions and values of the time.
Ultimately, the 1881 $5 Gold Liberty coin encapsulates a significant chapter in the story of American coinage. It reflects not only the artistic talents of its designers but also the economic and cultural context in which it was produced. As a collectible, it is cherished by those who recognize its beauty, historical importance, and enduring value. The $5 Gold Liberty coin remains a testament to the spirit of America and its ongoing legacy of craftsmanship and innovation.