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Inventory:
2 In Stock
- Product ID: 52948
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/23/24 12:48:01 | ||
Gold
 45.57
|
$2,714.41 | $2,728.15 |
The $5 Gold Liberty coin from 1897 is an exceptional piece in the storied Liberty Head series, which has captivated numismatists and historians alike since its introduction in the early 19th century. Minted between 1839 and 1908, the Liberty Head coins represent a significant chapter in American coinage, reflecting the artistic and economic developments of their time. The 1897 issue stands out not only for its beauty but also for its connection to the historical context of the United States during the late 19th century.
Designed by the talented engraver James B. Longacre, the obverse of the 1897 $5 Gold Liberty coin features the image of Lady Liberty, a powerful symbol of freedom and democracy. She is portrayed in profile, facing left, and wears a coronet inscribed with the word "LIBERTY." This iconic depiction is surrounded by thirteen stars, representing the original colonies, and the date "1897" is inscribed beneath her chin. The attention to detail in Longacre’s design captures the elegance and strength of Lady Liberty, embodying the ideals upon which the nation was founded.
On the reverse side, the design features a majestic bald eagle, the national emblem of the United States. The eagle is depicted with outstretched wings, grasping an olive branch in one talon and a bundle of arrows in the other, signifying peace and readiness for defense. The surrounding inscriptions state "UNITED STATES OF AMERICA" and "FIVE DOLLARS," clearly indicating the coin's denomination. This imagery serves as a powerful representation of the nation’s values and aspirations during a period of expansion and growth.
Minted in the early years of the 20th century, the 1897 $5 Gold Liberty coin is composed of 90% gold and 10% copper, consistent with other U.S. gold coins of the era. The coin has a total weight of approximately 8.359 grams and a diameter of 21.6 mm. This composition not only gives the coin its striking golden hue but also provides the durability needed to withstand circulation. The copper alloy contributes to the coin's resilience, allowing it to maintain its attractive appearance over time.
Approximately 1,019,000 $5 Gold Liberty coins were minted in 1897, making it a relatively common date within the series. This mintage figure places the coin in a more accessible range for collectors, especially when compared to other dates that are much rarer. However, even with a higher mintage, high-quality specimens, particularly those graded as AU (About Uncirculated) or better, are sought after by collectors. The AU designation indicates that the coin has seen minimal circulation, retaining much of its original luster and detail, which enhances its appeal.
The historical significance of the 1897 $5 Gold Liberty coin is rooted in its connection to a dynamic period in American history. The late 19th century was marked by significant economic growth, driven by industrialization and urbanization. The Gold Rushes of the mid-1800s had established gold as a standard in American currency, and coins like the Liberty Head series played a crucial role in the financial systems of the time. They were not merely a means of exchange but also symbols of wealth, stability, and the nation’s prosperity.
During this time, the United States was emerging as a global power. The discovery of gold and silver in various regions spurred economic expansion and contributed to the country’s overall growth. The Liberty Head design resonated with Americans, embodying their ideals of hard work, opportunity, and national pride. As such, the 1897 coin is more than just currency; it serves as a historical artifact that connects collectors and enthusiasts to the values and experiences of their predecessors.
As interest in numismatics has increased, so too has the appeal of the $5 Gold Liberty coins, including the 1897 issue. Collectors are often drawn to the combination of historical significance, beautiful design, and intrinsic gold value. High-grade examples, especially those certified by reputable grading services, command premium prices in the market. This interest has fostered a vibrant community of collectors and investors, contributing to the enduring legacy of these coins within American numismatic history.
In conclusion, the 1897 $5 Gold Liberty coin is a remarkable representation of American minting artistry and historical importance. Its captivating design, combined with the context of its creation during a transformative period in the nation’s history, makes it a coveted item for collectors. The coin stands as a tangible connection to the values of liberty and prosperity that have defined the United States, ensuring its place as a treasured piece for anyone interested in the rich tapestry of American coinage.