The 1903 Liberty Head $2.50 Gold Coins are classic collectible coins that many numismatists enjoy studying and collecting. The U.S. Mint struck a massive amount of gold coins in 1903 (over 200,000)- the reality is that perhaps only hundreds still exist today.
Many of these pre-1933 U.S. gold coins were melted for their precious metal content. The 1903 Liberty Head $2.50 Gold Coins were made of a “coin gold” composition consisting of 90 percent gold and 10 percent copper. They have a weight of 4.18 grams, contain a total of 0.1202 ounces of gold, and measure 18 millimeters in diameter, which closely approximates the diameter of a modern-day U.S. dime.
For any coin collector, the number one goal is to build a collection full of the most unique and beautiful coins that one can find. Part of this is ensuring that most, if not all, of your coins are in excellent condition. This is why you will see investors paying very close attention to any and all details of a particular coin.
Under normal circumstances, the coin in question will have its condition judged by a professional grading organization. We understand, however, that not everyone has the time and money to send their coin away for grading, so we have provided below an outline of the characteristics associated with coins of certain grades.
Uncirculated: A coin that is Uncirculated is, by definition, one that spent no time exchanging hands on the open market. These coins will have been very well preserved and appear as though they were just recently minted. All of the imagery and inscriptions on the faces of the coin will remain intact, and the coin itself will appear pristine. Naturally, this is the type of graded Liberty Head $2.50 Gold Coin that is most highly sought after by collectors.
Extremely Fine: In order to be given a grade of Extremely Fine, the coin in question will have had to spend some time in circulation, but not very much time at all. Before long, the Liberty Head $2.50 Gold Coin was likely removed from circulation and kept in a safe place until today. Because of the care taken, these coins appear to be in excellent condition and are of high value to collectors everywhere.
Fine: A coin graded to be Fine is one that saw a good amount of time in circulation and incurred some light damage as a result. While you will be able to easily make out the imagery and inscriptions of the coin, you will not be able to ignore the fact that plenty of light scratching and other small imperfections are present on the coin’s faces.
Good: If a Liberty Head $2.50 Gold Coin is graded to be good, that means that it has spent a good amount of time on the open exchange market. These coins will show ample signs of wear that, at times, can be downright unappealing. Though in poor shape, collectors who are looking to put together a complete collection are going to want these coins.
As is the case with most Liberty Head $2.50 Gold Coins the price will be directly determined by condition. With this year’s coin, you will see that, as the condition of the coin improves, the price of it jumps dramatically upward; more so than most other years. The chart below can give you a good idea of what you can expect to pay for 1903 Liberty Head $2.50 Gold Coin of a certain condition.
Liberty Head $2.5 Gold Coin
|1903 Liberty Head $2.5 Gold Coin||N/A||N/A||$340||$350||Source: Red Book|