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1886-S 5 Dollar Gold Liberty NGC AU50 GSA
Scarce $5 Gold Liberty Coins Finally Elude the Government
In 1934, the United States government passed the Gold Reserve Act. The purpose of the act was to protect the currency system of the United States by providing a better use of the country’s monetary gold stock. This was the height of the Great Depression, and what the Act really did was outlaw most private possession of gold. By law, it forced people to sell their gold coins to the U.S. Treasury, after which most of it was stored at the U.S. Bullion Depository at Fort Knox.
Now, more than 80 years later, you can buy back some of this gold that has been hoarded by the government. The gold coins we have obtained were secured from the General Services Administration (GSA) and, like the silver dollars sales between 1972 and 1980, the coins we have represent surplus government property that the GSA was responsible for selling. Unlike the famous Morgan Silver Dollars sold off in the 1970s, however, the gold coins that were made available came not from uncirculated mint bags, but from coins confiscated in criminal cases or from the gold coins the government bought back in the 1930s. These were coins that had been in the hands of the public and had circulated to some degree. Each coin we have has been sealed into a GSA holder and graded by Numismatic Guaranty Corporation (NGC).
In this offer you can obtain an 1886 $5 Gold Liberty struck at the San Francisco Mint. Struck from 1839 to 1908, the $5 Liberty Half Eagle was regarded as the workhorse of America’s gold coins throughout the 1800s. Small enough to use in larger transactions, they circulated widely in the West, where gold coins was preferred over paper currency. It’s difficult to find these coins in higher grades, however your coin has been graded by NGC to be in About Uncirculated 50 (AU50) condition showing only slight wear on the highest points of the design and full details.
- CLASSIC U.S. COIN DESIGN – Struck from 1839-1908, America’s $5 Gold Liberty depicts Lady Liberty with her hair in a tight bun and adorned with a string of beads. She is shown wearing a coronet inscribed with the word “LIBERTY” along with the “1886” year date and a star for each of the original 13 colonies. The reverse features a proud bald eagle standing among olive branches with its wings spread
- STRUCK IN PURE AMERICAN GOLD – This coin has been struck in nearly a quarter ounce (8.36 gm) of 90% American gold.
- LEGAL TENDER U.S. COINAGE – The denomination of $5 is shown on the coin’s reverse where it reads “FIVE D” Below the talons of the majestic American eagle.
- FANTASTIC GRADE FOR A COIN THIS OLD – Your 1886-S Gold $5 Liberty has been graded by NGC to be in About Uncirculated-50 (AU50) condition. That means it will show just slight wear on the coin’s highest points and will retain full design details.
Collectors love American gold coins, and the unique design and history behind the 1886-S $5 Gold Liberty makes this coin even more desirable. Get yours today!
Availability | Out of Stock |
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Year of Issue | 1886 |
Country | United States |
Composition | Gold |
Condition | Graded |
Grade | AU50 |
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Denomination | 5.00 |
Currency Type | Dollar |
Mint Name | San Francisco - S, U.S. Mint |