$5 Liberty
- Gold Content – 0.24187 oz.
- Gross Weight – 8.359 g
- Composition – 90% gold, 10% copper
- Coin Diameter – 22.5 mm (1839-40); 21.6 mm (1840-1929)
- Thickness – 1.59 mm; 1.4 mm
- Mint Dates – 1840-1907
Details
Overview
Authorized April 2, 1792, the $5 Half Eagle, was the first gold coin authorized by the U.S. Congress. It is also the only coin in U.S. history to have been struck by all operating mints during its circulation.The $5 gold coin has gone through several design changes. The first was the “Capped Bust to Right, Small Eagle.” The longest-term design was the Liberty, or Coronet, design by Christian Golbrecht, minted from 1839 until 1908, when it was replaced by the $5 Indian gold coin.
Design
The obverse (front) of the $5 Liberty gold coin is similar to the $2.50 and $20 Liberty gold coins, showing Lady Liberty with a tight bun of hair, decorated with beads. A coronet, inscribed “LIBERTY,” rests on her head. The issue date and 13 stars, representing the original 13 colonies, circle her head.The reverse shows bald eagle spread wings, standing among olive branches. The eagle clutches three arrows in his talons and has a shield with stars and stripes over his chest. “UNITED STATES OF AMERICA,” the denomination, and the mint mark surround the eagle. Coins minted from 1839-1866 do not have “IN GOD WE TRUST.”In 1866, the motto was added on a ribbon over the eagle.
Minting
The Philadelphia Mint produced the $5 Liberty gold coins throughout its circulation years. The $5 Liberty was also minted in San Francisco, Charlotte, Dahlonega and New Orleans. After the motto was added, these coins were minted in Carson City, then at the Denver Mint from 1906-1907.
Valuation
This is a premium coin, meaning its value is tied to factors other than the value of the spot price of the precious metal it contains. Valuation factors include, but are not limited to, speculative interest, collector and investor demand, available supply, industry promotions, perceived value, economic conditions, and other factors we deem relevant. The value assigned to this coin at any given time may vary from retailer to retailer and Augusta cannot guarantee another retailer will value this premium coin at the same rate as Augusta would in any given circumstance. Augusta cannot guarantee buy-back of any item it sells and cannot guarantee another retailer will purchase this premium coin. For up-to-date market pricing and availability, please contact us directly.