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The Certified $1 Gold Liberty coin from 1862 is a remarkable piece of American numismatic history that exemplifies the artistry and craftsmanship of its era. Struck during a tumultuous time in U.S. history, this coin represents not only the economic factors at play but also the evolving aesthetic of American coinage. The Gold Liberty series, first introduced in the early 19th century, was designed to reflect the values and aspirations of a young nation that was rapidly expanding and modernizing.
Designed by engraver James B. Longacre, the obverse of the 1862 $1 Gold Liberty coin features a stunning depiction of Lady Liberty. She is shown in profile, wearing a coronet inscribed with the word "LIBERTY," which symbolizes the nation's commitment to freedom and democratic ideals. Longacre's design showcases Liberty with her flowing hair and a serene expression, embodying the spirit of the American people during this era. The details on the coin are crisp and well-defined, with the facial features of Liberty clearly visible, reflecting the high-quality minting processes of the time.
The reverse of the coin features a simple yet elegant design, showcasing an eagle with its wings outstretched. The eagle is an enduring symbol of American strength and freedom, and it is depicted holding a shield in its talons, along with arrows and an olive branch. The inscription "UNITED STATES OF AMERICA" arches above the eagle, while the denomination "1 DOLLAR" is prominently displayed below. This design conveys both national pride and the coin's function as legal tender, serving as a reminder of the country's values during a period of significant growth and change.
This particular coin was minted at the Philadelphia Mint, which was the primary minting facility in the United States at the time. The 1862 $1 Gold Liberty is part of a larger series that includes coins minted from 1849 to 1889. In terms of mintage, the 1862 issue had a total production of approximately 1.4 million coins, making it relatively common compared to other dates in the series. However, the demand for high-quality examples, particularly those graded by professional grading services like PCGS, ensures that pieces in AU55 condition remain highly sought after by collectors.
Graded AU55 by the Professional Coin Grading Service (PCGS), this coin exhibits the characteristic wear that comes with circulation but still retains significant luster and detail. An AU55 grade indicates that the coin is well-preserved with slight signs of wear, making it an excellent choice for both collectors and investors who appreciate the historical significance of the piece. The certified status adds a layer of assurance regarding the coin's authenticity and condition, enhancing its appeal in the marketplace.
As a representation of a pivotal moment in American history, the Certified $1 Gold Liberty 1862 AU55 PCGS coin is more than just a piece of currency; it is a tangible link to the past. The combination of its exquisite design, historical context, and certified quality makes it a valuable addition to any numismatic collection. Whether one is drawn to the artistic elements, the historical significance, or the investment potential, this coin encapsulates the spirit of American gold coinage in a remarkable way.