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Liberty Head $5 Gold Coin (1839-1908): A Golden Legacy

The Liberty Head $5 Gold Coin, also known as the half eagle, is a cherished piece of American numismatic history. This coin succeeded the Classic Head gold coin of 1834-1837 and was part of the first series to include a Gold Double Eagle coin. Minted from 1839 to 1908, this coin is a testament to the economic growth and artistic endeavors of the United States during the 19th and early 20th centuries. Struck from .900 pure gold and .100 copper, the Liberty Head $5 Gold Coin embodies the nation's ambition and prosperity.

Design and History

Christian Gobrecht, the third Chief Engraver of the United States Mint, designed the Liberty Head $5 Gold Coin. His creation features Lady Liberty adorned with a coronet inscribed with "LIBERTY" and her hair tied back in a bun with a string of pearls, giving her a regal appearance. The reverse side showcases an early rendition of the U.S. Seal, with a bald eagle holding an olive branch and arrows, symbolizing peace and readiness for defense. The design remained largely consistent throughout the series, but with variations in size and inscriptions: Coins minted from 1839 to 1840 had a diameter of 22.50 mm, while those minted post-1840 had a reduced diameter of 21.65 mm. In 1866, the motto "IN GOD WE TRUST" was added, reflecting the nation's evolving values during and after the Civil War.

learn about the U.S. Mint Liberty Head Half Eagle gold coin

Coin images sourced from: National Numismatic Collection, National Museum of American History

Key Date Issues and Rarities

The Liberty Head $5 Gold Coin series is renowned for its key dates and rarities, making it a favorite among collectors:

  • 1839: The inaugural year, significant for its historical value and unique design.
  • 1840: Transition year with a change in diameter, adding to its collectability.
  • 1861-1865: Civil War-era coins, especially those from southern mints like Charlotte and Dahlonega, are exceptionally rare.
  • 1870-1877: Limited production years contribute to the scarcity of these coins.
  • 1908: The final year of production, marking the end of the Liberty Head series, is highly sought after.

Mint Marks and Variations

Mint marks on Liberty Head $5 Gold Coins indicate the mint location where the coin was produced. These coins were minted in Philadelphia (no mintmark), Charlotte (C), Dahlonega (D), New Orleans (O), San Francisco (S), Carson City (CC), and Denver (D). The placement and presence of these mintmarks add another layer of intrigue and value for collectors.

Value of the Liberty Head $5 Gold Coin

The value of Liberty Head $5 Gold Coins depends on several factors, including year, mint mark, design type, and condition. Coins professionally deemed to be in high grade condition and those with significant historical value can command high prices in the market.

Professional Grading and Collecting Tips

For collectors seeking to accurately assess the value of their Liberty Head $5 Gold Coins, professional grading by the Numismatic Guaranty Company (NGC) or the Professional Coin Grading Service (PCGS) is highly recommended. These services provide an expert evaluation of the coin's condition, ensuring authenticity and quality. Before sending coins for grading, collectors can inspect them for wear on Lady Liberty’s features and the eagle's details to gauge their potential grade.

The Liberty Head $5 Gold Coin’s Timeless Appeal

The Liberty Head $5 Gold Coin is more than just a piece of currency; it is a testament to America's rich history and artistic legacy. Its enduring design and historical significance make it a valuable addition to any collection. Whether you are a seasoned numismatist or new to coin collecting, the Liberty Head $5 Gold Coin offers a rewarding and enriching experience. At Bullion Hunters, we provide expert advice and a diverse selection of collectible coins, including the iconic Liberty Head $5 Gold Coin. Visit our website or contact us to explore our inventory and enhance your collection with these timeless treasures.