1881 $5 Dollar Gold Coin No Mint Mark
The 1881 $5 Dollar Gold Coin is a collectible item that is highly sought after by coin collectors worldwide. This coin is unique in that it has no mint mark, making it even more valuable to collectors. The lack of a mint mark means that it was produced in Philadelphia, which is the only US Mint location that never used mint marks until 1980.
The History of the 1881 $5 Dollar Gold Coin
The 1881 $5 Dollar Gold Coin is part of the Liberty Head series, which was produced from 1839 to 1908. The Liberty Head series was designed by Christian Gobrecht and features Lady Liberty on the obverse and a bald eagle on the reverse. The $5 denomination was also known as the Half Eagle.
During the production of the 1881 $5 Dollar Gold Coin, the US Mint in Philadelphia did not place a mint mark on the coin. Mint marks are small letters or symbols that indicate the location where the coin was produced. This lack of a mint mark makes the coin even more valuable to collectors.
The Design of the 1881 $5 Dollar Gold Coin
The obverse of the 1881 $5 Dollar Gold Coin features Lady Liberty facing left. She wears a coronet inscribed with the word "LIBERTY" and has her hair tied with a ribbon. The date "1881" is located on the bottom left of the coin.
The reverse of the coin features a bald eagle with outstretched wings. The eagle holds an olive branch and arrows in its talons. The words "UNITED STATES OF AMERICA" and "FIVE D." are located on the top of the coin, with the words "IN GOD WE TRUST" located above the eagle.
The Value of the 1881 $5 Dollar Gold Coin
The value of the 1881 $5 Dollar Gold Coin varies depending on its condition and rarity. Coins in excellent condition can be worth thousands of dollars, while those in poor condition may only be worth their gold value. The lack of a mint mark on this coin makes it even more valuable to collectors.
Collectors should be wary of counterfeit coins, as they can be difficult to detect. It is important to purchase coins from reputable dealers and to have them authenticated by a professional grading service.
Conclusion
The 1881 $5 Dollar Gold Coin No Mint Mark is a highly sought after item for coin collectors. The lack of a mint mark makes it even more valuable, as it indicates that it was produced in Philadelphia. The Liberty Head series is a beautiful design that is highly collectible. Collectors should be careful when purchasing coins and should have them authenticated by a professional grading service.