1882 $5 Liberty Gold Coin MS62

Weight 0.2419 oz

Year 1882

Manufacturer US Mint

Purity 90% GOLD

Karats 21.6

Mint Mark - Philadelphia Mint

Grade MS62 - Mint State 62

Face Value $5

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About This Product

This 1882 $5 Liberty Gold Coin MS62 has has .2419 troy oz of 90% Pure GOLD from the year 1882 and was minted at the Philadelphia Mint in the United States. This 1882 $5 Liberty Gold Coin is 21.6 Karats of pure Gold, has a Mint State of 62 and a Face Value of $5. This $5 Liberty Gold Coin is Not IRA Eligible.

1882 $5 Liberty Gold Coin MS62

Grade Definition

MS 62 is the contraction for the denotation "Mint State Grade 62". "62" is a grade on the Sheldon coin grading scale. This scale was developed by Dr. W. H. Sheldon in 1949. Coins that have not been circulated are graded "60". Coins that are visually perfect in every way earn are graded "70", which is the top of the Sheldon scale. Old gold coins in lower denominations such as $5 did see heavy use in commerce, and therefore are seldom ever seen in a MS 70 grade. The finest specimens of $5 Liberty gold coins usually top out on the scale at a MS 65 or MS 66.

Specifics of the Grade

A $5 Liberty gold piece in MS 62 will show normal wear in the form of scuffs or scratches, and these marks will probably be in the more ornate and raised areas of the coin, such as the "Lady Liberty" or shielded eagle artwork. The MS 62 grade might also be given to a coin which has only a few scars from storage and transport over the decades, but exhibits several small flaws from it's original minting.

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