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Monday, March 06, 2006

US Liberty 5 dollar gold coins

USAgold have announced the acquisition of some US Liberty 5 dollar gold coins

Per their announcement, “Each coin contains just under one-quarter ounce of gold, with an actual gold content weighing in at 0.2419 oz. In weight and size, these coins compare closely with the always-popular European and South American issues that frequent our monthly Buyers' Groups."

General availability is another story, however. Under normal circumstances, if someone wanted to secure a large number of British sovereigns, Dutch guilders, or Swiss 20 francs, their order could be filled with ease. A reasonably large order of US $5 Liberties is a different story. Such an order could take months to fill. But now, because of this recent acquisition of 950 coins, USAGold can offer this item in quantities that would have been impossible to offer in the past.”

These coins are in extra fine condition and they are being offered at a price range per coin from 198 to 182 dollars depending on the quantity of coins purchased.

“Referred to as the Liberty Half Eagle, the US $5 gold piece holds the distinction of being the only coin of any denomination or strike to be minted at all seven of the national US Mints. Minted from 1866 to 1908, the $5 Liberty depicts the crowned image of Lady Liberty on the obverse, surrounded by 13 stars representing the original 13 colonies. On the reverse is the traditional bald eagle image, with a shield on its breast, clasping three arrows in its left talon (sinister) and an olive branch in its right (dexter), symbolizing the power of Congress to bring both war and peace, respectively. The eagle's head is turned to the right, signaling its preference for peace. On an interesting side note, the seal for the President of the United States was virtually the same, except the eagle faced the talon holding the arrows. In 1945, Harry S Truman changed it so that the seals were the same. Christian Gobrecht, most famous for the "seated liberty" design seen on dimes, quarters, and half dollars during this era, designed the Liberty series presented here.”

More information can be found at US Liberty 5 dollar gold coins

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