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Inventory:
1 In Stock
- Product ID: 52950
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/23/24 12:16:02 | ||
Gold
 45.57
|
$2,714.41 | $2,728.15 |
The $5 Gold Liberty coin minted in 1898-S is a significant piece of numismatic history, reflecting both the artistry and economic conditions of the late 19th century in the United States. This coin is part of the Liberty Head series, which was produced from 1839 until 1908. The series is particularly cherished by collectors for its representation of American ideals and its contribution to the monetary system during a time of considerable growth and change in the nation.
The obverse of the 1898-S $5 Gold Liberty features the classic design by James B. Longacre, who served as the Chief Engraver of the U.S. Mint. The portrait of Lady Liberty is depicted in profile, facing left, with her hair elegantly styled and adorned with a coronet inscribed with the word "LIBERTY." Surrounding her are thirteen stars, symbolizing the original colonies, and the date "1898" is placed below her chin. This design is a testament to the values of freedom and democracy that were pivotal during this period in American history.
On the reverse side, the coin showcases a powerful bald eagle, a symbol of strength and independence, which is central to American identity. The eagle is portrayed with its wings outstretched, grasping an olive branch in one talon and a bundle of arrows in the other, representing the dual aspects of peace and military readiness. The inscriptions "UNITED STATES OF AMERICA" and "FIVE DOLLARS" are clearly displayed, indicating the coin's denomination and purpose as legal tender. The reverse design encapsulates the spirit of the nation, celebrating its ideals while reinforcing the coin’s significance in everyday transactions.
The 1898-S $5 Gold Liberty coin is made of 90% gold and 10% copper, with a total weight of approximately 8.359 grams. The diameter measures 21.6 mm, making it a compact yet visually striking coin. The gold content gives it a beautiful luster, while the copper alloy enhances its durability, allowing the coin to withstand the test of time. Over the years, the 1898-S has maintained its appeal, especially in high-grade conditions, such as the AU (About Uncirculated) designation, which indicates minimal wear and preserves much of its original detail and brilliance.
The minting of the 1898-S coin took place at the San Francisco Mint, one of the most important minting facilities in the United States during the late 19th century. The San Francisco Mint was established to meet the demand for gold coins, especially during the Gold Rush era when gold was discovered in California. The 1898-S coin is part of a larger mintage that reflects the continued popularity of gold as a form of currency in America. This particular year saw a total production of approximately 1,300,000 $5 Gold Liberty coins, a significant figure that showcases the mint's capacity to produce coins that were essential to the growing economy.
Despite the relatively high mintage, the 1898-S $5 Gold Liberty coin has become a desirable collectible, especially in higher grades. Coins that have been well-preserved and graded AU or better tend to command higher prices on the market. Collectors appreciate not only the historical significance of these coins but also their artistic design and the intrinsic value of the gold they contain. This coin represents a tangible link to the past, allowing collectors to connect with the history and values of the United States.
The economic landscape of the United States in the late 19th century was marked by rapid industrialization and expansion. The Gold Rush had solidified gold as a critical element of the American monetary system, and coins like the $5 Gold Liberty served as everyday currency for many. The coin is a reflection of the optimism and ambition that characterized the era, symbolizing both personal wealth and national prosperity. The Liberty Head series, including the 1898-S coin, has become emblematic of the American spirit, celebrating the drive for freedom and the pursuit of happiness.
In summary, the $5 Gold Liberty 1898-S coin is a remarkable piece of American history that encapsulates the artistry, economic conditions, and national identity of its time. The stunning design, combined with the historical context of its creation, makes it a sought-after item for collectors and investors alike. As part of a storied series of gold coins, the 1898-S stands as a testament to the values that have shaped the United States, ensuring its place in the annals of numismatic history.