1904 $5 Gold Liberty NGC AU58

Description

1904 $5 Gold Liberty NGC AU58

• Mint: Philadelphia
• Mintage: 392,000
• Obverse Designer: Christian Gobrecht
• Reverse Designer: Christian Gobrecht
• Composition: Gold
• Fineness: 0.9
• Weight: 8.36g
• AGW: 0.2419oz
• Diameter: 21.6mm
• Edge: Reeded

This is a photo of the exact coin you will receive.

Overview:

The 1904 $5 Gold Liberty Half Eagle stands as a distinguished emblem of American numismatics, embodying the aesthetic and economic values of the United States at the dawn of the 20th century. This coin, minted during an era of burgeoning industrial growth and international prestige, not only serves as a medium of exchange but also as a piece of art with intrinsic gold value.

Design and Artistry:

Obverse: Designed by Christian Gobrecht, the obverse presents an exquisite profile of Lady Liberty, her hair elegantly tied with a coronet inscribed with “LIBERTY.” Encircling her are thirteen stars, representing the original American colonies, with the year “1904” positioned at the bottom, symbolizing the continued legacy of freedom.
Reverse: The reverse features a majestic bald eagle with outstretched wings, an emblem of America’s strength and sovereignty. The eagle holds an olive branch in one talon and arrows in the other, representing a preference for peace but readiness for defense. Above the eagle, “IN GOD WE TRUST” is inscribed, with “UNITED STATES OF AMERICA” around the upper periphery, and “FIVE D.” at the bottom, declaring its denomination.

Materials and Specifications:

Gold Content: This coin is struck in 90% gold and 10% copper, a composition that ensures both the radiance of gold and the durability needed for coinage. It contains approximately 0.24187 troy ounces of gold.
Dimensions: With a diameter of 21.6 mm and a weight of 8.359 grams, the coin possesses a substantial feel, representative of its era’s coinage standards.

Mint Mark and Production:

Mint Mark: Depending on its mint of origin, this coin might carry no mint mark (Philadelphia), or “D” for Denver, or “S” for San Francisco. The mint mark, if present, is located on the reverse below the eagle. The 1904 issue from any mint reflects the economic activities of the time but with the Philadelphia mint being the most prolific.

Historical Context:

Significance: The 1904 $5 Gold Liberty was minted during a time of economic optimism following the recovery from the Panic of 1893, symbolizing America’s robust economy. It serves as a historical artifact from an era when gold coins were a common part of everyday transactions.

Collectibility and Rarity:

Condition: Coins in higher states of preservation, particularly those graded by services like PCGS or NGC, are highly sought after due to their rarity in top conditions. A well-preserved specimen can significantly increase in value.
Numismatic Value: While not the rarest date in the series, the 1904 $5 Gold Liberty still holds considerable numismatic interest. Its allure lies in its historical significance, gold content, and the artistry of its design, making it a desirable piece for collectors specializing in U.S. gold coinage.

Conclusion:

The 1904 $5 Gold Liberty Half Eagle is not merely currency but a piece of American heritage, reflecting the artistic finesse and economic policies of its time. It offers collectors and investors alike a tangible connection to early 20th-century America, combined with the enduring value of gold. Whether for its historical significance, its investment potential, or its beauty, this coin is a distinguished addition to any collection or investment portfolio.

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