Busacca Gallery

The 1852 $5 gold coin is particularly valued for its historical significance. PCGS 1852 MS 63 $5 gold No Motto / 573,901 mintage. 8.1 rarity factor for the grade. Estimated survival is 85. 20 examples slabbed by PCGS. No PCGS MS 65 examples. Well-struck obverse with strong hair detail, nice struck reverse, exhibits weak neck feathers, typical detail related to a die issue. Toning has softened the presentable luster. The 1852 MS 63 $5 gold "No Motto" coin is a significant piece in U.S. numismatic history, reflecting a period before the inclusion of the national motto "In God We Trust" on American coinage. The coin was part of the Liberty Head series, also known as the Coronet Head, which was minted from 1839 to 1908. The "No Motto" designation refers to the absence of this motto, which wasn't added to U.S. gold coins until the Coinage Act of 1865. The 1852 $5 gold coin was minted primarily in Philadelphia, with smaller mintages in New Orleans and other locations. Coins graded MS 63 (Mint State 63) are well-preserved, with strong details and only minor imperfections, making them highly desirable among collectors. The 1852 $5 gold coin is particularly valued for its historical significance and its role in the era of pre-Civil War American coinage. This beautiful and very collectible coin is valued at over $6,000, and we will verify its availability upon your price inquiry. At BusaccaGallery.com, we vet all customers for transactions over $5,000 to ensure a secure and satisfactory experience for both parties.

The history of coin collecting in the United States dates back to the early 19th century, often referred to as the "hobby of kings" due to its popularity among the wealthy and influential. Coin collecting gained traction with the establishment of the U.S. Mint in 1792, which produced coins that became highly sought after by collectors. The first major coin collector in the U.S. was Joseph J. Mickley, who began amassing a significant collection in the 1820s. Interest in the hobby surged with the publication of reference books, like Sylvester S. Crosby's "The Early Coins of America" in 1875, and the founding of organizations such as the American Numismatic Association in 1891. Over the years, coin collecting evolved from a pastime of the elite to a popular hobby accessible to a broader audience, particularly during the 20th century with the introduction of coin boards and albums that made it easier for everyday people to start their collections. Today, it remains a vibrant hobby, with collectors valuing coins for their historical significance, rarity, and artistic beauty.