5 Dollar Gold Coins

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5 Dollar Gold Coins of America

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Transcript of 5 Dollar Gold Coins

  • 1. 5 Dollar Gold Coins of America

2. There are only two5 dollar gold coins of Americathat are usually seen by the public at the present time. 3. They are commonly known as the Half Eagles, which only have two designs in the form of The Liberty Head Type and Indian Head Type. 4. The former was made from 1839 to 1908 and the latter was made from 1908 until 1929. 5. These gold pieces are labeled as Half Eagles because they weigh half of the mass of the ten dollar coin and feature an eagle on one side. 6. The Liberty Head Type features the head of the beautiful Lady of Liberty with the date of manufacture at the base. 7. It has an eagle design on the reverse side with the inscription of United State of America Five D. around. 8. It weighs 8.359 grams and consists of 90 percent gold and 10 percent copper. 9. It is 21.6 mm in diameter. It is considered as the very first 5 dollar gold coin ever minted by the United States of America. 10. It was designed by Christian Gobrecht and authorized by the Congress in 1792. 11. One form of the 5 dollar gold coin is the Indian Head Type. 12. This coin features the head of a native Indian in a feather battle headdress and the date below on the frontage. 13. It also has an image of an eagle on the reverse. 14. You will notice that the images are sunk below the level of the surface of the coin. 15. This is called an incuse design. The Indian Head Type was designed by Bela Lyon Pratt. 16. It weighs 8.359 grams equal to that of the Liberty Head type with the same gold and copper content as well. 17. In addition, it is 21.6 mm in diameter. 18. The two 5 dollar gold coins have similarities and differences that you may have noticed. 19. Both gold coins have unique representations of an eagle. 20. The Liberty Head Type features an eagle with its wings spreading wide and proud as if preparing to fly, while the Indian Head Type is equally proud with its closed wings. 21. You can notice that there are bundles of arrows on the bottom of both birds. 22. On the obverse, the same 13 stars that represents the 13 colonies which first rebelled against the British monarchy and later became the first states. 23. Depending on the dates and conditions, each 5 dollar gold coin can worth a lot more than its weight. 24. The Liberty Head Type is worth $160 dollars in average condition, while the Indian Head Type will bring about $250. 25. Rare dates often call for a higher price. For instance, the 1894-S cost $18,000 in 1892 and reached as much as $105,000 after six years. 26. On the other hand, the 1989 Indian Head Type which is considered as the rarest costs as much as $7,500. 27. These two $ dollar coins have been important parts of the American history. 28. They served as media to give the US citizens the will to spend for the things they need. 29. Although production has been stopped, they are still remnants of how strong and wealthy America once was. 30. Visit www.GoldCoinsCollect.com