1861 $5 Liberty NGC MS62 + CAC

OUT OF STOCK - $3,892.00

 

 

This coin is often referred to as the Coronet Type. Her hair is in a bun tied with a string of pearls, and below her is the date and surrounding her are 13 stars. The design is very simple, very pleasing and resembles the design used since 1808. The size of the letters and numbers differ slightly, but it still retains the same basic devices.

The Classic Head Type was a stopgap measure meant to put gold coins back into circulation. It was a tremendous success, but was never intended to be a long-term design. The Mint wanted a symbol of Liberty befitting a growing, prosperous nation and a rehash of the 1808 Large Cent simply would not suffice. Christian Gobrecht had created a new design for the gold eagle in 1838. That design was well received by all and was adapted to the half eagle in 1839 and then the quarter eagle in 1840.

 

 

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