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Inventory:
2 In Stock
- Product ID: 52944
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/24/24 02:44:02 | ||
Gold
 4.66
|
$2,616.30 | $2,631.60 |
The $5 Gold Liberty coin from 1893, known as the Liberty Head half eagle, holds a prominent place in the history of American coinage. Minted during a time of economic expansion and industrialization in the United States, this coin exemplifies the artistry and craftsmanship of the late 19th century. The Liberty Head design, created by the renowned engraver James B. Longacre, was used from 1839 until 1908, making it one of the most recognizable and cherished coin designs in American history.
The year 1893 was marked by significant events that shaped the economic landscape of the United States. The country was experiencing rapid growth, with the expansion of the railroads and the rise of industrial cities. However, this year was also notable for the Panic of 1893, a serious economic depression that led to bank failures and widespread unemployment. The $5 Gold Liberty coin, being a key denomination in commerce, played an essential role in the monetary system of the time. Its production was crucial for trade and everyday transactions, serving as a medium of exchange in a rapidly changing economy.
The obverse of the 1893 $5 Gold Liberty coin features a beautifully rendered portrait of Lady Liberty. She is depicted in profile, facing left, wearing a coronet inscribed with the word "LIBERTY." This striking image captures the ideals of freedom and independence that the nation was built upon. Surrounding the portrait are 13 stars, symbolizing the original colonies, and the date "1893" is positioned beneath her chin. The attention to detail in the engraving, particularly in the hair and facial features, showcases the high level of artistry that characterized the coinage of this era.
On the reverse side, the coin displays a powerful bald eagle, a symbol of American strength and resilience. The eagle is depicted with outstretched wings, clutching an olive branch in one talon and a bundle of arrows in the other. This imagery conveys a sense of peace while also emphasizing the nation's readiness to defend itself. The inscriptions "UNITED STATES OF AMERICA" and "FIVE DOLLARS" are prominently featured, clearly indicating the coin's denomination. The combination of these elements reflects the values and aspirations of the United States during this transformative period.
The 1893 $5 Gold Liberty coin is composed of 90% gold and 10% copper, which was the standard for U.S. gold coins at the time. This alloy not only enhances the coin's beauty but also provides the necessary durability for circulation. The total weight of the coin is approximately 8.359 grams, with a diameter of 21.6 mm. The gold content gives the coin its distinctive warm hue, making it a favorite among collectors and investors alike.
The mintage of the 1893 $5 Gold Liberty coin was approximately 1,850,000 pieces, which is relatively low compared to some other years in the series. The AU (About Uncirculated) designation indicates that this coin has seen limited wear, retaining much of its original luster and detail. High-grade examples of this coin are particularly sought after by collectors, as they represent the pinnacle of craftsmanship and artistry in American coinage.
The historical significance of the 1893 $5 Gold Liberty coin extends beyond its physical attributes. It embodies a period in American history when the nation was grappling with the challenges of growth and economic stability. The coin serves as a reminder of the resilience of the American spirit, as well as the importance of gold as a foundation for the country's monetary system. Collectors and enthusiasts who acquire this coin not only gain a beautiful piece of art but also a tangible connection to the nation's past.
As the 19th century drew to a close, the United States faced various challenges, including economic fluctuations and changing political landscapes. The 1893 $5 Gold Liberty coin is a testament to the strength and determination of the American people during this time. It reflects the values and ideals that the nation sought to uphold, making it a cherished piece of history for collectors and numismatists alike.
In conclusion, the $5 Gold Liberty coin from 1893 is an exceptional example of American numismatic history. Its captivating design, historical context, and limited mintage make it highly sought after by collectors. The artistry of the coin, along with its significance as a medium of exchange during a pivotal time in American history, ensures its lasting legacy. Owning an 1893 half eagle not only provides collectors with a beautiful and valuable item but also allows them to celebrate the rich heritage of the United States.