Description
$2.5 U.S. Gold Liberty NGC61
The $2.5 U.S. Gold Liberty NGC61 is a classic gold coin from the Liberty Head series, minted by the United States Mint during the 19th and early 20th centuries. It is also known as the “Quarter Eagle.” This coin, graded by the Numismatic Guaranty Corporation (NGC) with a grade of 61, offers a valuable piece of U.S. numismatic history and significant investment appeal. Here’s a comprehensive overview of its key features and characteristics:
General Information
- Denomination: The coin has a face value of $2.5, indicating its role as a Quarter Eagle in the U.S. coinage system.
- Minting Period: The Gold Liberty Quarter Eagle was minted from 1840 to 1907, with various versions produced over time.
- Composition and Weight: It is made of 90% gold and 10% copper, with a total weight of approximately 4.18 grams. The coin’s intrinsic value is derived from its gold content.
- Diameter: It has a diameter of about 18 mm, making it compact and easy to store or display.
Design
- Obverse: The obverse features a portrait of Lady Liberty facing left, wearing a coronet inscribed with “LIBERTY.” The design is surrounded by thirteen stars, representing the original thirteen colonies, along with the year of minting.
- Reverse: The reverse depicts a bald eagle with outstretched wings, holding arrows and an olive branch. The eagle is encircled by the inscriptions “UNITED STATES OF AMERICA” and the coin’s denomination, “$2 1/2.”
Grading and Label
- NGC61: The NGC grading of 61 indicates that the coin is in Mint State condition but may have minor marks or imperfections. This grading adds to its appeal for collectors seeking coins with original mint luster.
- Label: NGC’s grading label provides authentication and certification details, confirming the coin’s grade, authenticity, and other pertinent information.
Collectibility
- Historical Significance: The Gold Liberty Quarter Eagle is part of a significant period in U.S. coinage history. Collectors value it for its design and connection to the Liberty Head series.
- Investment Potential: The coin’s gold content and NGC61 grading make it attractive to investors looking for tangible assets. The historical appeal adds a layer of collectibility, which may increase its value over time.
- Rarity: Coins from this series are often in limited supply, particularly in higher grades, which can contribute to their desirability and market value.
Preservation and Storage
- Protection: To maintain its condition, the coin should be kept in a protective capsule or holder to prevent scratches or other damage.
- Storage: Store the coin in a cool, dry environment to ensure its quality is preserved over time. Minimal handling is recommended to avoid fingerprints or other blemishes.
The $2.5 U.S. Gold Liberty NGC61 is a classic coin with historical significance and investment appeal. Its Mint State condition, combined with the gold content and Liberty Head design, makes it a valuable addition to any coin collection or precious metals portfolio. Its connection to a pivotal era in U.S. history enhances its collectibility and long-term value potential.