$5 Gold Liberty 1882 AU

The $5 Gold Liberty coin from 1882 is a remarkable piece of American numismatic history, representative of a period characterized by economic expansion and the continued evolution of the United States monetary system. As part of the Liberty Head series, which was first introduced in 1839, this coin is not only a medium of exchange but also a symbol of the nation's values and aspirations during the late 19th century. The Liberty Head design is instantly recognizable, showcasing Lady Liberty and embodying the spirit of freedom and democracy that defines the American ethos.

The Liberty Head series emerged in response to the growing demand for gold coins, largely fueled by the California Gold Rush that began in 1848. This significant influx of gold prompted the U.S. Mint to create various denominations to facilitate commerce. The $5 denomination, known as the half eagle, was particularly popular for its practical value in everyday transactions, allowing for easier trade in an expanding economy. The 1882 coin was minted during a time of relative prosperity and industrial growth, positioning the United States as a leading economic power on the global stage.

Minted at the Philadelphia Mint, the 1882 $5 Gold Liberty coin carries the "no mintmark" designation, indicating that it was struck at the primary mint facility before the establishment of additional minting locations. The Philadelphia Mint has a storied history and has played a vital role in producing the nation’s coinage since its inception in 1792. The quality of coins produced at this mint was renowned, and the 1882 $5 Gold Liberty is a testament to the high standards upheld during this era.

The design of the 1882 $5 Gold Liberty coin is striking and emblematic of the artistic styles of its time. The obverse features a left-facing portrait of Lady Liberty, who is depicted wearing a coronet inscribed with the word "LIBERTY." This iconic representation conveys both strength and grace, surrounded by thirteen stars that symbolize the original colonies. Below her portrait, the date “1882” is prominently displayed, marking the year of minting and adding historical context to the piece. The artist behind this celebrated design is Christian Gobrecht, whose work significantly influenced American coinage in the 19th century.

On the reverse, the coin showcases a majestic eagle with outstretched wings, clutching a shield in its talons. This design reflects the nation's ideals of strength and independence, further reinforced by the inscription “UNITED STATES OF AMERICA” and the denomination “FIVE DOLLARS.” The eagle serves as a powerful symbol of the United States, resonating with collectors and numismatists alike for its representation of national pride. The reverse design encapsulates the spirit of the era, depicting a confident nation asserting itself in both domestic and international arenas.

In terms of composition, the 1882 $5 Gold Liberty coin is made of 90% gold and 10% copper, a standard that has persisted in U.S. gold coins. The coin weighs approximately 8.359 grams and has a diameter of 21.6 mm, providing a substantial feel that collectors appreciate. This alloy not only enhances the coin's durability but also contributes to its warm golden hue, making it visually appealing to investors and numismatists. The coin's weight and composition align with the monetary standards set by the U.S. government, ensuring its legitimacy as legal tender.

The mintage of the 1882 $5 Gold Liberty coin is significant, with approximately 1.5 million pieces struck. While this number suggests that the coin is not exceedingly rare, it still holds considerable value among collectors, particularly those focused on the Liberty Head series. The 1882 date is often sought after for its historical context, representing a time of growth and stability in the United States.

Coins graded as AU (About Uncirculated), such as the 1882 example, exhibit only minor wear on the highest points of the design while retaining much of their original luster and brilliance. Collectors often favor AU coins for their visual appeal and historical significance, as they reflect the coin's journey through time. The AU designation indicates that this particular coin has been well-preserved, making it a valuable addition to any collection.

The demand for the 1882 $5 Gold Liberty coin continues to be strong, driven by its rich history, attractive design, and inherent gold content. Collectors appreciate the coin not only for its monetary value but also for the story it tells about America's past. The 1882 coin serves as a tangible link to a pivotal moment in American history, inviting collectors to explore the economic and cultural landscape of the late 19th century.

In summary, the 1882 $5 Gold Liberty coin is a captivating historical artifact that embodies the spirit of its time. Its elegant design, solid gold composition, and connection to the Philadelphia Mint make it a treasured collectible. As the United States continues to evolve, coins like the 1882 serve as reminders of the nation's journey toward prosperity and independence, celebrating its ideals and achievements.

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• Year: 1882
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