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Coin Details

Origin/Country: United States
Design Description: HALF EAGLES - CORONET
Item Description: $5 1882 KM-101
Full Grade: NGC AU 58
Owner: coin928

Owner Comments:

1882 Liberty Head Five Dollar Gold - Mintage: 2,514,520

Fineness: .... 0.9000
Weight: ......... 8.3600 g
AGW: ............. 0.2419 oz
Diameter: ..... 21.6 mm

This coin has been in my family for many years. I don't know exactly how many, but I'm reasonably certain that my paternal Grandfather obtained it before 1933, and probably sometime in the 1920's. He was not a collector, but rather a hoarder of silver and gold coins. If you've read my bio, you know that my Grandfather is the person responsible for starting me down the path to becoming a coin collector and numismatist. Beginning in the early 1960's he would give each of his grandchildren a couple of Morgan or Peace silver dollars at Christmas time. I am the oldest of all of my siblings and cousins, so I actually benefited the longest from his generosity.

He passed away late in 1973, but it wasn't until mid 1974 that we realized just how many coins he had stashed away in the attic of the family home. Being the oldest child, my father was the executor of the will and with me being the only serious coin collector in the family, I was given the task of dividing the entire coin hoard equitably between my Father, and his three siblings. There were at least 500 each of silver dollars, half dollars, quarters and dimes. Several thousands coins in total, the hoard included:

- Morgan and Peace Dollars
- Barber, Walking Liberty, and Franklin Half Dollars
- Barber, Standing Liberty, and Washington Quarters
- Barber, Winged Liberty, and Roosevelt Dimes
- Two $5 and One $10 Gold coins

All of the dimes, quarters, and half dollars were probably obtained from pocket change because the majority of the dates were between 1930 and 1964 and the earlier dates were very well worn. The dollars were primarily Morgan and I think many were obtained during trips to Las Vegas in the 1950's and 60's.

Being the executor, my father gave each of his three siblings one of the gold coins, keeping none for himself. This coin was given to my uncle, and subsequently to his daughter (my cousin) upon his passing. I offered to help her sell the coins still in her possession and acquired this gold piece in 2021

From a numismatic perspective, this coin is a relatively common date AU, and was probably also taken from circulation in the 1920's. As a piece of family history however, it is priceless which is why, I decided to send it to NGC for grading and encapsulation. It now has a well defined value and will be protected from any further degradation in a new scratch resistant holder.

Date acquired: 12/13/2021 (raw coin)
Date graded: 6/16/2022 (self submitted)

Rev. 6/16/2022

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