Olevian Numismatic Rarities
1843 Liberty Head $5 Gold Piece PCGS Certified AU58
In 1838, the United States Mint sought to redesign the circulating $2.50, $5, and $10 gold pieces. Although the $2.50 and $5 denominations had been produced with some degree of regularity in the 1830s featuring the Classic Head design, a $10 gold coin had not been minted since the Draped Bust type of 1804. Chief Engraver Christian Gobrecht created a new, uniform design for these three denominations– a distinctly neoclassical motif inspired by the portrait of Venus in the famous 1809 painting Omnia Vincit Amor (Love Conquers All) by Benjamin West. The resulting Liberty Head or “Coronet Head” gold coins featured a depiction of Miss Liberty on the obverse with her hair secured in a bun by a string of beads and wearing a coronet inscribed with LIBERTY. Thirteen stars encircle the rim and the date appears below. The tasteful simplicity of this Greco-Roman profile was reminiscent of many artistic renderings found in prominent European museums at the time. The reverse of the coins depicts a heraldic eagle with a shield on its chest. In the talons of the great bird are olive branches and arrows– symbolic of a peaceful nation but one that is poised for war. This reverse design was not remarkably different from earlier gold coins, though the eagle’s wingspan was widened to more completely fill the fields. The $10 coins debuted in 1838, followed by the $5 coins in 1839 and the $2.50 coins in 1840. The $1 and $20 Liberty Head gold pieces were not added to complete the series until 1849, albeit with slightly different designs. Although these coins underwent numerous minor design modifications over the subsequent decades, this basic design prevailed for over 70 years. On an interesting note, the Liberty Head $5 gold piece is the only coin of a single design to be minted at seven U.S. Mints: Philadelphia, Dahlonega, Charlotte, New Orleans, San Francisco, Carson City, and Denver. Offered here is a scarce 1843 Liberty Head $5 Gold Piece minted at Philadelphia from the fifth year of issue. It has abundant mint luster and only slight wear, commensurate with its About Uncirculated 58 (out of 70) grade. You will receive the unique coin shown in the photos housed in a plush-lined box with a certificate of authenticity. The condition of a coin is officially graded on a 70-point scale according to standards set forth by the American Numismatic Association. Grades under 60 represent circulated grades, while grades from 60 through 70 represent uncirculated, or “mint-state” grades. Very few, if any, older coins are known to exist in perfect MS70 grade. The coin offered for sale in this listing has been certified by one or more leading certification services so you can be confident in its authenticity and stated condition.
Product number: 3190314
Price: $1190.00 USD