Monday, April 16, 2012

Purchasing Liberty Coins

By Lakisha Matthias


Commemorative coins date back to 1892 when the United States Congress celebrated the 400th anniversary of Columbus's discovery of the " new world " with a Columbian Exposition Half Dollar. Commemorative gold coins were made until 1954. In 1982, the United States Min decided to start the commemorative coin program again and has been issuing a minimum of 2 new coins each year since now.

$5 Gold Liberty Coin

The United States Mint issued a $5 gold liberty coin to celebrate the 100th anniversary of the famous Statue of Liberty. This coin was recognized as the first commemorative coin of the present day. This coin was very popular and easily sold-out soon after it was issued.

Worth of the $5 Liberty Coin

The liberty coin was popular for a number of causes including that it had restricted circulation. With only about 500,000 authorized buyers and collectors alike are eager to hang on to their gold coins, which in turn will raise its worth. The $5 gold liberty coin is as well 90% absolutely gold or 0.242 ounces of gold. Since the price of gold continues to rise, the coins will continue to rise in worth.

Liberty Coin Design

The coin itself, designed by Elizabeth Jones portrays a close up of Lady Liberty's face and crown. On the opposite side of the coin is an image of an eagle flying high. The particular date is inscribed on the front and also the word "Liberty." On the backside of the gold coin the text United States of America, In God We Trust, Five Dollars and E Pluribus Unum are inscribed.

Some other Gold Liberty Coins

In addition to the $5 liberty coins, also, there are $20 liberty coins that are known as double eagles. These gold coins, which are bullion coins, comprise of 0.9675 ounces of gold. The $10 Liberty Head is also well-known amongst collectors. Minted for the very first time in 1838, these coins have Lady Liberty on the Front, with a coronet inscribed with "Liberty." There are thirteen stars on the outside of the gold coin symbolizes the thirteen territory.




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