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Inventory:
1 In Stock
- Product ID: 14312
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/27/24 05:27:01 | ||
Gold
 7.08
|
$2,639.88 | $2,652.53 |
The $5 Gold Liberty 1897-S, a splendid example of late 19th-century American coinage, offers a glimpse into a period of economic growth and artistic craftsmanship. This particular issue of the Liberty Head series reflects both the era’s style and the minting practices of the time, making it a significant collectible in the realm of American numismatics.
Struck in 1897, the $5 Gold Liberty represents a time of economic stability and expansion in the United States. Following the recovery from the Panic of 1893, which had resulted in a severe financial crisis, the economy began to recover and grow. This period of economic improvement is reflected in the increased demand for gold coins, including the Liberty Head series. The 1897-S issue was minted at the San Francisco Mint, a key facility for producing gold coins during this era. The San Francisco Mint was known for its role in striking a significant portion of the nation's gold coinage, particularly during the late 19th and early 20th centuries.
The Liberty Head design, created by engraver James B. Longacre, features a portrait of Lady Liberty on the obverse. Lady Liberty is depicted in profile, facing left, adorned with a coronet inscribed with the word "LIBERTY." This design element symbolizes her embodiment of freedom and democratic ideals. The portrait is surrounded by thirteen stars, representing the original thirteen colonies of the United States. Below Lady Liberty's portrait is the date "1897," indicating the year of minting.
The reverse of the 1897-S $5 Gold Liberty showcases a regal eagle with outstretched wings. The eagle, a national symbol of strength and unity, holds an olive branch and arrows, signifying peace and readiness for conflict. The reverse design features the inscription "UNITED STATES OF AMERICA" encircling the eagle, with the denomination "FIVE DOLLARS" prominently displayed below. The design captures the essence of American strength and unity, reflecting the values and ideals of the late 19th century.
In terms of mintage, the 1897-S $5 Gold Liberty had a total production of approximately 1,085,000 coins. While this mintage figure is relatively high, high-quality examples of this coin are sought after by collectors due to their historical significance and the quality of the design. The San Francisco Mint produced coins of excellent quality, and as a result, many of these coins have survived in well-preserved condition.
The coin in question is graded as XF, or Extremely Fine, which signifies a high level of preservation. An XF coin exhibits minimal wear on the high points of the design, with much of the original detail and luster retained. On this particular coin, one can expect to see clear and well-defined features on Lady Liberty's portrait and the eagle, with only light wear visible. The coin's surfaces are smooth, free from major defects, and exhibit a pleasing overall appearance. The XF grade indicates that the coin has been well cared for and maintained, making it an attractive specimen for collectors.
Overall, the $5 Gold Liberty 1897-S is a noteworthy piece of American numismatic history. Its design, crafted by James B. Longacre, captures the elegance and ideals of the late 19th century. The coin's minting at the San Francisco Mint adds to its historical significance, and its high-grade condition further enhances its appeal. For collectors and enthusiasts of American gold coins, the 1897-S $5 Gold Liberty stands as a testament to both the artistry and economic history of its time.