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Inventory:
2 In Stock
- Product ID: 52960
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/24/24 02:43:01 | ||
Gold
 5.60
|
$2,617.64 | $2,632.14 |
The $5 Gold Liberty coin from 1904 is a significant piece in American numismatic history, representing not only a monetary denomination but also the cultural and economic context of the early 20th century. This coin is part of the Liberty Head series, which was first introduced in 1839. Designed by James B. Longacre, the series features Lady Liberty, a personification of freedom and democracy, making it a cherished collectible among numismatists and history enthusiasts alike.
On the obverse side of the 1904 $5 Gold Liberty coin, Lady Liberty is depicted in profile, facing left. She wears a coronet inscribed with the word “LIBERTY,” symbolizing the nation's values. The design is adorned with 13 stars, representing the original colonies of the United States, encircling her head. The year of minting, “1904,” is engraved beneath her neck, providing a clear indication of its production date. The craftsmanship is remarkable, showcasing intricate detailing in her hair and facial features, indicative of the high standards upheld by the U.S. Mint during this period.
The reverse side of the coin features a prominent American bald eagle, an enduring symbol of the nation. The eagle is shown with its wings spread wide, clutching an olive branch in one talon and a bundle of arrows in the other, representing peace and military readiness, respectively. Surrounding the eagle are the inscriptions “UNITED STATES OF AMERICA” and “FIVE DOLLARS,” clearly indicating the coin's denomination and legal tender status. The reverse design elegantly complements the obverse, reinforcing the themes of strength and liberty inherent in the coin's imagery.
Compositionally, the 1904 $5 Gold Liberty coin is made of 90% gold and 10% copper, resulting in a total weight of approximately 8.359 grams. Its diameter is about 21.6 mm, providing a substantial feel in hand that reflects its intrinsic value. The rich golden hue of the coin enhances its aesthetic appeal, embodying the allure of gold that has fascinated collectors and investors for centuries. The coin is graded AU (About Uncirculated), meaning it retains much of its original luster and details, making it highly desirable among collectors.
The 1904 $5 Gold Liberty coin was minted at the Philadelphia Mint, which was the first and foremost minting facility in the United States. This mint played a critical role in producing various denominations of coins, including gold, silver, and copper. The total mintage of the 1904 $5 Gold Liberty coin is approximately 3,030,000 pieces, which reflects its significant circulation during its time and its role in the American economy.
During the early 20th century, gold coins like the $5 Liberty were essential to the American monetary system. They were widely used in commerce and trade, bolstered by the gold standard that provided a reliable basis for currency values. The Liberty Head series, which includes the 1904 coin, was integral in facilitating economic transactions and ensuring financial stability across the nation. This historical context adds a layer of significance to the coin, making it more than just a collectible but a representation of American financial history.
The $5 Gold Liberty coin from 1904 serves as a tangible link to the past, capturing the essence of American values during a transformative period in the nation's history. Collecting such coins is not merely about acquiring beautiful pieces of art but also understanding their stories, contexts, and the ideals they represent. The Liberty Head series, characterized by its iconic designs, has captivated the attention of collectors, historians, and investors alike.
In summary, the $5 Gold Liberty coin from 1904 stands as a testament to American artistry and history. Its detailed design featuring Lady Liberty and the bold eagle embodies the spirit of freedom and resilience. The coin's composition, minting details, and significant mintage further enhance its appeal among collectors and investors. As a vital part of the Liberty Head series, this coin symbolizes the enduring values of liberty and strength, making it an essential addition to any numismatic collection.