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Inventory:
2 In Stock
- Product ID: 11504
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| Metal/Chg | Bid | Ask |
|---|---|---|
| Updated: 07/27/24 01:25:01 | ||
Gold
 22.39
|
$2,386.38 | $2,399.69 |
The $5 Gold Liberty 1898 Extra Fine (XF) coin is a notable example of American coinage from the late 19th century, showcasing the artistry and craftsmanship of the era. As part of the Liberty Head Half Eagle series, which was minted from 1839 to 1908, the 1898 issue remains a significant piece for collectors and historians alike, representing a period of economic growth and national development in the United States.
The Liberty Head Half Eagle series was designed by Christian Gobrecht, who served as the third Chief Engraver of the United States Mint. Gobrecht's design for the obverse features a left-facing portrait of Lady Liberty, adorned with a coronet inscribed with the word "LIBERTY." Surrounding Liberty are thirteen stars, symbolizing the original thirteen colonies, and the date "1898" is prominently positioned below her image. This classic design reflects the patriotic themes and artistic elegance that were prevalent in American coinage during the late 19th century.
The reverse of the $5 Gold Liberty coin features a heraldic eagle with outstretched wings, clutching an olive branch and arrows in its talons. This imagery represents the nation's desire for peace and its readiness for defense. Above the eagle's head is a ribbon with the motto "IN GOD WE TRUST," a phrase that was adopted to express national faith and unity following the Civil War. The inscriptions "UNITED STATES OF AMERICA" and the denomination "FIVE D." encircle the eagle, completing the design with a sense of balance and symmetry.
The $5 Gold Liberty 1898 coin was minted at three facilities: Philadelphia, New Orleans, and San Francisco. Each mint contributed to the production of these coins to meet the demands of the growing American economy. Coins produced at the Philadelphia Mint do not bear a mintmark, while those from New Orleans are marked with an "O," and those from San Francisco carry an "S" mintmark. These mintmarks provide valuable information for collectors and historians, helping to trace the coin's origin and history.
The mintage of the 1898 $5 Gold Liberty coin varied across the different mints. The Philadelphia Mint produced 543,700 coins, the New Orleans Mint struck 40,000 coins, and the San Francisco Mint minted 113,000 coins. Although these numbers indicate a relatively high production, many of these coins have not survived in collectible condition. As a result, finding well-preserved examples, especially in Extra Fine condition, can be a rewarding endeavor for collectors.
In Extra Fine (XF) condition, the $5 Gold Liberty 1898 coin retains much of its original detail and luster despite showing slight wear from circulation. The highest points of the design, such as Liberty's hair and the eagle's feathers, exhibit minor signs of wear but remain well-defined. The coin's fields, or flat surfaces, maintain a significant amount of their original mint luster, enhancing its overall aesthetic appeal. This condition level offers a pleasing balance between historical authenticity and visual beauty, making it a desirable addition to any numismatic collection.
The $5 Gold Liberty 1898 coin is more than just a piece of currency; it is a tangible connection to a transformative period in American history. This coin circulated during a time of significant industrial growth, westward expansion, and social change, playing a vital role in everyday commerce. Its design reflects the values and aspirations of the nation, celebrating liberty, strength, and unity through its imagery and inscriptions.
The historical significance of the $5 Gold Liberty 1898 coin extends beyond its economic function. It represents an era when gold coins were a standard medium of exchange, offering a glimpse into the financial practices and cultural values of the time. Collectors and historians appreciate the coin's ability to tell a story, connecting present-day enthusiasts with the past through its enduring legacy.
As a part of the Liberty Head Half Eagle series, the 1898 issue exemplifies the craftsmanship and attention to detail that characterized American coinage during the late 19th century. The coin's design by Christian Gobrecht continues to be celebrated for its artistic merit and symbolic resonance, making it a staple in the collections of numismatists and history buffs alike.
The $5 Gold Liberty 1898 Extra Fine coin remains a remarkable artifact of American numismatic history. With its timeless design, production across multiple mints, and relatively limited surviving mintage, this coin holds significant value for collectors and historians. Its well-preserved condition and historical context make it a cherished piece, offering both aesthetic appeal and a deep connection to America's past. As a representation of the Liberty Head Half Eagle series, the 1898 issue continues to captivate and inspire those who appreciate the rich heritage of U.S. coinage.