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Inventory:
1 In Stock
- Product ID: 53842
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 12/23/24 04:11:01 | ||
Gold
-13.89
|
$2,608.77 | $2,621.84 |
The Certified $20 Gold Liberty 1872-S AU58 PCGS is a stunning representation of American numismatic history, showcasing the beauty and craftsmanship of late 19th-century coinage. The Liberty Head design, which graced U.S. gold coins for over three decades, is a symbol of freedom and the prosperity of the United States. The year 1872 marked a time of significant economic growth, and the minting of the Liberty Head double eagle coins played an essential role in the nation's monetary system.
The history of the $20 Gold Liberty coin can be traced back to the Coinage Act of 1849, which established the double eagle as a means of facilitating larger transactions during a period of rapid economic expansion in the United States. The $20 gold piece quickly became popular for its substantial value and gold content. By the time of the 1872 mintage, the coin had solidified its place as a standard bearer for American gold currency, reflecting the increasing wealth and industrialization of the nation. The San Francisco Mint, where the 1872-S coin was produced, played a crucial role in the gold rush era, contributing significantly to the U.S. economy by minting gold coins for circulation.
The design of the 1872-S Gold Liberty coin is both elegant and historically significant. The obverse features a left-facing portrait of Lady Liberty, who is adorned with a coronet inscribed with the word “LIBERTY.” This iconic portrayal was designed by the engraver James B. Longacre and embodies the ideals of freedom and independence that the coin represents. Surrounding the image are 13 stars, representing the original colonies, along with the date “1872” prominently displayed. The reverse design showcases a majestic eagle with outstretched wings, clutching a shield and arrows, symbolizing strength and protection. The reverse also includes the inscriptions “UNITED STATES OF AMERICA” and “TWENTY DOLLARS,” clearly indicating the coin’s denomination and legal tender status.
The 1872-S Gold Liberty coin was minted at the San Francisco Mint, which has a storied history as one of the primary facilities for producing U.S. coinage during the gold rush. Established in 1854, the San Francisco Mint was pivotal in minting gold coins for the Western economy, particularly during the height of gold mining activities. The total mintage for the 1872-S double eagle was approximately 1,250,000 pieces. However, many of these coins were lost to circulation, making higher-grade examples quite desirable among collectors.
This particular coin is graded AU58 by the Professional Coin Grading Service (PCGS), indicating that it is in about uncirculated condition. Coins in this grade display minor signs of wear but retain much of their original luster and detail. The AU58 designation signifies that the coin is very well-preserved, making it particularly attractive to collectors who appreciate the artistry and history of the piece. A double eagle in AU58 condition is often sought after for its visual appeal and historical significance.
Investing in the Certified $20 Gold Liberty 1872-S AU58 PCGS offers both historical significance and financial potential. Gold has long been viewed as a safe-haven asset, providing individuals with a way to hedge against inflation and economic uncertainty. This coin not only serves as a tangible investment in precious metals but also as a connection to the rich history of American currency. The blend of artistry, limited mintage, and high-grade certification enhances the desirability of this particular issue, making it a valuable addition to any collection.
Furthermore, the 1872-S Gold Liberty coin serves as a reminder of the broader narrative of American history, representing the ideals of freedom and prosperity that shaped the nation. Collectors of such coins often appreciate the opportunity to own a piece of this history and enjoy the artistry involved in its creation. The coin stands as a testament to the rich heritage of American coinage, encapsulating the spirit of an era characterized by growth and opportunity.
In conclusion, the Certified $20 Gold Liberty 1872-S AU58 PCGS is a remarkable blend of history, artistry, and investment potential. Its elegant design, historical context, and desirable condition ensure its place as a sought-after item among collectors. This coin not only serves as a valuable asset but also stands as a tribute to the rich heritage of American numismatics, encapsulating the essence of the nation’s commitment to liberty and prosperity.