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Inventory:
1 In Stock
- Product ID: 14311
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/27/24 05:38:02 | ||
Gold
 10.04
|
$2,642.70 | $2,655.63 |
The $5 Gold Liberty 1894, an exquisite example of late 19th-century American coinage, stands out for its historical significance and elegant design. Struck during a period of economic stability and growth in the United States, this coin reflects both the artistry and craftsmanship of the era, showcasing the distinctive features that characterize the Liberty Head series.
The Liberty Head design, created by engraver James B. Longacre, was first introduced in 1838 and remained in circulation until 1908. The $5 Gold Liberty, also known as the Half Eagle, was part of this series, which is renowned for its classical representation of Lady Liberty. The 1894 issue was produced in a period of relative economic prosperity and stability, following the recovery from the Panic of 1893, which had caused significant financial strain on the nation.
The 1894 $5 Gold Liberty was minted at the Philadelphia Mint, which was the primary minting facility for gold coins at that time. The Philadelphia Mint played a crucial role in the production of American gold coins, including the Liberty Head series. The 1894 issue was part of a larger series of gold coins minted that year, reflecting the ongoing demand for gold currency and the growing economy of the United States.
Designed by James B. Longacre, the obverse of the $5 Gold Liberty features a portrait of Lady Liberty facing left. She is adorned with a coronet inscribed with the word "LIBERTY," symbolizing her role as a representation of freedom and democracy. The design captures her in profile, with a classic and dignified appearance that embodies the ideals of the era. Surrounding her are thirteen stars, representing the original thirteen colonies, and the date "1894" is positioned below her chin.
The reverse of the 1894 $5 Gold Liberty showcases a majestic eagle with outstretched wings. The eagle, which is the national symbol of the United States, is depicted holding an olive branch and arrows, signifying peace and readiness for conflict. Above the eagle, the inscription "UNITED STATES OF AMERICA" encircles the image, while the denomination "FIVE DOLLARS" is prominently displayed below. The design reflects the themes of strength and unity that were central to American identity during the late 19th century.
In terms of mintage, the 1894 $5 Gold Liberty had a total production of approximately 2,831,250 coins. This high mintage indicates a strong demand for gold currency during this period. Despite the large number of coins struck, high-quality examples are highly sought after by collectors, particularly those in better grades. The 1894 issue, while not rare in terms of mintage, is valued for its historical significance and the quality of its design.
The coin in question is graded as XF, or Extremely Fine, which signifies a high level of detail and preservation. Coins in the XF grade exhibit minimal wear and retain much of their original luster and detail. On an XF coin, the design elements are well-defined, though there may be light wear on high points of the coin, such as Liberty’s hair and the eagle's feathers. The coin maintains a sharp appearance and is free from major defects or significant scratches, making it a desirable specimen for collectors and investors alike.
Overall, the $5 Gold Liberty 1894 is a remarkable example of American coinage, reflecting the artistry and economic context of its time. Its classic design, combined with the historical significance of the Liberty Head series, makes it a valuable addition to any collection. The coin's high-grade condition and well-preserved details further enhance its appeal, making it a prized piece for numismatists and enthusiasts who appreciate the elegance and history of American gold coins.