-
Inventory:
2 In Stock
- Product ID: 52949
Checkout
| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/24/24 03:13:01 | ||
Gold
 3.44
|
$2,615.65 | $2,629.80 |
The $5 Gold Liberty coin from 1898 is a distinguished member of the Liberty Head series, a notable collection of gold coins that has captivated collectors and historians alike since its inception. Minted from 1839 to 1908, the Liberty Head coins symbolize a critical period in American history, reflecting the nation’s values and economic climate during the late 19th century. The 1898 issue stands out for its exquisite design and the historical context surrounding its production.
The obverse of the 1898 $5 Gold Liberty coin features the iconic portrait of Lady Liberty, designed by the talented engraver James B. Longacre. Lady Liberty is depicted in profile, facing left, adorned with a coronet inscribed with the word "LIBERTY." This powerful representation is encircled by thirteen stars, which symbolize the original colonies, and the date "1898" is elegantly placed beneath her chin. The artistry in Longacre’s design captures the essence of American ideals of freedom and democracy, embodying the spirit of the nation during this pivotal time.
On the reverse side of the coin, the design showcases a majestic bald eagle, a powerful emblem of the United States. The eagle is depicted with its wings spread wide, grasping an olive branch in one talon and a bundle of arrows in the other, representing peace and the readiness for defense. Surrounding this striking image are the inscriptions "UNITED STATES OF AMERICA" and "FIVE DOLLARS," clearly indicating the coin’s denomination. This imagery not only enhances the coin's aesthetic appeal but also serves as a reminder of the values and aspirations that define the nation.
The composition of the 1898 $5 Gold Liberty coin is typical of its era, containing 90% gold and 10% copper. This results in a total weight of approximately 8.359 grams and a diameter of 21.6 mm. The gold content gives the coin its beautiful luster, while the copper alloy adds to its durability, allowing it to withstand the test of time. Over the years, these coins have maintained their attractiveness, making them desirable for both collectors and investors.
In 1898, the United States Mint produced a total of 1,000,000 $5 Gold Liberty coins, making it a relatively common date within the series. However, despite the higher mintage, high-quality specimens, especially those graded as AU (About Uncirculated) or better, are highly sought after by collectors. An AU designation indicates that the coin has seen minimal circulation, preserving much of its original detail and luster, which enhances its overall appeal.
The historical significance of the 1898 $5 Gold Liberty coin lies in its connection to the broader context of American history at the time. The late 19th century was marked by significant economic growth, driven largely by industrialization and urbanization. The Gold Rushes of the mid-1800s established gold as a crucial component of American currency, and coins like the Liberty Head series played an essential role in the financial systems of the period. These coins were not just a means of exchange; they represented wealth, stability, and the promise of opportunity that characterized the American Dream.
During this period, the United States was emerging as a global power. The discovery of precious metals in various regions fueled economic expansion, contributing to the nation’s overall growth. The Liberty Head design resonated deeply with Americans, symbolizing their ideals of hard work, ambition, and national pride. The 1898 coin serves as more than mere currency; it is a historical artifact that connects collectors and enthusiasts to the values and experiences of their predecessors.
As interest in numismatics has grown, the $5 Gold Liberty coins, particularly the 1898 issue, have become increasingly appealing to collectors. The combination of historical significance, exquisite design, and intrinsic gold value draws collectors to these coins. High-grade examples, especially those certified by reputable grading services, often 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 1898 $5 Gold Liberty coin is a remarkable representation of American 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. This coin stands as a tangible link to the values of liberty and prosperity that have defined the United States, ensuring its place as a cherished piece for anyone interested in the rich tapestry of American coinage.