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Inventory:
2 In Stock
- Product ID: 52951
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 11/23/24 12:24:02 | ||
Gold
 45.57
|
$2,714.41 | $2,728.15 |
The $5 Gold Liberty coin minted in 1899 is a notable example of American numismatics, representing both the artistry of coin design and the economic realities of the late 19th century. This particular coin is part of the Liberty Head series, which was produced from 1839 until 1908. The series is particularly cherished for its classic designs and the symbolism of freedom and democracy that it embodies. The 1899 date adds a layer of historical significance, as it falls within a period of prosperity and change in the United States.
The obverse of the 1899 $5 Gold Liberty coin features the iconic portrait of Lady Liberty, designed by Chief Engraver James B. Longacre. She is depicted in profile, facing left, with her hair styled in an elegant manner and adorned with a coronet that bears the inscription "LIBERTY." Surrounding her are thirteen stars, representing the original thirteen colonies, and the date "1899" is positioned just below her chin. This imagery conveys a sense of national pride and reflects the values that the coin was meant to embody during a time of growth and optimism in America.
On the reverse, the design showcases a powerful bald eagle, a symbol of strength and independence. The eagle is portrayed with its wings spread wide, clutching an olive branch in one talon and a bundle of arrows in the other, representing the duality of peace and military readiness. The inscriptions "UNITED STATES OF AMERICA" and "FIVE DOLLARS" prominently displayed denote the coin's denomination and legal tender status. This design not only celebrates American ideals but also serves as a reminder of the nation’s resilience and strength during the late 19th century.
The $5 Gold Liberty coin minted in 1899 is composed of 90% gold and 10% copper, resulting in a total weight of approximately 8.359 grams. The diameter measures 21.6 mm, making it a small yet striking piece of currency. The gold content gives the coin its lustrous appearance, while the copper adds durability, allowing the coin to survive well over a century of history. In the AU (About Uncirculated) condition, the coin shows minimal wear, preserving much of its original detail and brilliance, which makes it particularly appealing to collectors.
The 1899 $5 Gold Liberty coin was minted at the Philadelphia Mint, which was the primary minting facility for the United States at the time. Philadelphia was the first city in the nation to produce coinage, and it held a significant place in the history of American currency. The mintage of the 1899 $5 Gold Liberty coin totaled approximately 1,940,000 pieces, a number that reflects the strong demand for gold coins in the burgeoning economy of the United States. This high mintage, while it may suggest relative abundance, also means that high-quality specimens in AU or better condition have become increasingly sought after by collectors due to their historical significance and aesthetic appeal.
The economic landscape of the United States during this time was characterized by rapid growth and industrialization. The Gold Rush had solidified gold as a key element of the American monetary system, and coins like the $5 Gold Liberty were essential for everyday transactions. The coin symbolizes both individual wealth and national prosperity, making it a significant piece in the broader context of American history. The Liberty Head series, including the 1899 coin, has become emblematic of the American spirit, showcasing the country’s commitment to freedom and democracy.
As the years have passed, the $5 Gold Liberty coins have maintained their appeal among collectors and investors alike. The combination of their historical context, artistic design, and intrinsic value as gold coins make them desirable items in the numismatic market. The 1899 date, while not the rarest in the series, is appreciated for its representation of a specific era in American history, and many collectors seek to obtain this coin to complete their collections.
In conclusion, the $5 Gold Liberty 1899 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 significance of its creation, ensures that it remains a sought-after item for numismatists and investors alike. As part of a storied series of gold coins, the 1899 $5 Gold Liberty stands as a testament to the values and ideals that have shaped the United States, cementing its place in the annals of numismatic history.