Collection: Liberty Head $5 (1839 - 1908)

Liberty Head $5 Gold Coin (1839–1908): An Enduring Legacy of American Coinage

The Liberty Head $5 Half Eagle, designed by Christian Gobrecht, is a timeless piece of U.S. numismatic history. First introduced in 1839, this design remained virtually unchanged for an impressive 69 years, making it the longest-running design in U.S. gold coin history. Known for its elegance and historical significance, the Liberty Head $5 gold coin is a prized addition to any collection.

Key Specifications

• Designer: Christian Gobrecht
• Issue Dates: 1839–1908
• Composition: 90% gold, 10% copper
• Diameter: 22.5 mm (1839–1840); 21.6 mm (1840–1908)
• Weight: 8.36 grams (129.01 grains)
• Edge: Reeded

A Design Rooted in Tradition

Obverse:

The obverse features a portrait of Miss Liberty facing left, with her hair tied in a bun and adorned with a coronet inscribed LIBERTY. Stars encircle her head, and the date is positioned below.

Reverse:

The reverse showcases an eagle with a shield on its breast, perched on an olive branch and clutching three arrows. The inscriptions UNITED STATES OF AMERICA and FIVE D. surround the design. In 1866, the motto IN GOD WE TRUST was added, creating two distinct design types.

Historical Context and Production

The Liberty Head half eagle replaced the short-lived Classic Head design in 1839, addressing the need for new coinage after the widespread disappearance of U.S. gold coins during the mid-1830s. This coin became a workhorse in American commerce, particularly during the 19th century.

The series saw continuous production at the Philadelphia Mint, with additional coins struck at Charlotte, Dahlonega, New Orleans, San Francisco, Carson City, and Denver. Each mint contributed to the coin's rich history, with branch mint issues being particularly coveted by collectors.

Liberty Head $5 Gold Coin Types

Type 1: No Motto (1839–1866)

• Mintage: 9,114,049 business strikes; ~450 proofs
• Unique Features: Lacks the motto IN GOD WE TRUST on the reverse.
• Notable Rarities: The 1854-S is an extreme rarity, with only three examples known today.
• Availability: Common dates are accessible in grades from Very Fine to AU, while Uncirculated and superb Uncirculated coins are scarce.
• Proofs: Produced in limited quantities and highly sought after by advanced collectors.

Type 2: With Motto (1866–1908)

• Mintage: 51,503,654 business strikes; 2,938 proofs
• Unique Features: The motto IN GOD WE TRUST is prominently displayed on a ribbon above the eagle.
• Availability: Readily available in Very Fine to AU grades, with Uncirculated coins more common for later dates. Superb Uncirculated examples are considerably scarcer.
• Proofs: Rare and a highlight of any advanced collection.

Key Dates and Rarities

• 1854-S: One of the rarest U.S. coins, with only three known survivors.
• 1861-D, 1864-S, 1870-CC, and 1875: Extremely rare dates that command premium prices in any grade.
• Post-1878 Issues: Generally more accessible, particularly in lower grades, making them ideal for type collectors.

Why Collect Liberty Head $5 Gold Coins?

1. Historical Significance: Spanning key events such as the Civil War, California Gold Rush, and industrial revolution.
2. Iconic Design: Gobrecht’s timeless Liberty Head design remains a favorite among numismatists.
3. Versatility: Offers a wide range of options for collectors, from rare key dates to more common issues.
4. Investment Potential: High-grade and rare dates have consistently appreciated in value.
5. Rich Minting History: Coins were struck at multiple mints, adding depth and variety to the series.

Start Your Liberty Head $5 Gold Coin Collection at ParadimeCoins.com

Discover the elegance and historical legacy of the Liberty Head $5 Gold Coin at ParadimeCoins.com. Whether you're a seasoned collector or seeking an investment-grade piece, our curated selection offers options for every numismatist. Secure a piece of American history today!