Everything You Need to Know About Harriet Tubman Gold Coins
The coin collectibles market hit an impressive US$14.07 billion in 2022 and is projected to hit $31.5 billion by 2032. Amidst this golden wave, the Harriet Tubman gold coins stand out as a remarkable piece for collectors. These small gold coins embody more than just numismatic value.
They are a tribute to courage and freedom. If you're an avid collector of small gold coins, this addition is more than a mere treasure. Keep reading to learn more about Harriet Tubman gold coins.
What Is the History of Harriet Tubman Coins?
Harriet Tubman was an American abolitionist and humanitarian. She was also an armed scout and spy for the Union Army during the American Civil War. Harriet was born into slavery in Maryland in the early 1820s and escaped to freedom in 1849.
She then became a conductor on the Underground Railroad. This was a network of secret routes and safe houses used by enslaved African Americans to escape to freedom. Tubman personally guided about 70 people from slavery to freedom.
During the Civil War, Tubman served as a spy, scout, nurse, and cook in the Union Army. She was the first woman to lead an armed expedition in the war. This helped liberate more than 700 enslaved people in South Carolina.
Tubman continued to fight for civil rights and women's suffrage after the war. She also fought for women's right to vote. She died in 1913 at the age of 91. In honor of her life and legacy, the U.S. Mint released commemorative coins as part of the Harriet Tubman Commemorative Coin Program.
These coins include:
- $5 gold coins
- $1 silver coins
- Half dollar clad coins
Each coin represents a different era of Tubman's life and work. The U.S. Mint has produced around 50,000 commemorative coins across the three denominations.
The Design of the Harriet Tubman Gold Coins
The $5 gold coin design represents Tubman's life after the Civil War. This small gold coin is part of the Harriet Tubman Commemorative program. It celebrates the bicentennial of Harriet Tubman's birth.
This coin is composed of 90% gold, 6% silver, and balance copper. With a diameter of 0.850 inches, the coin also features a weight of 0.243 troy oz. The mintage limit is 50,000 across all product options.
The obverse of the coin features a portrait of Harriet Tubman looking confidently into the distance and toward the future. For the reverse, it features clasped arms of people. This symbolizes the aid and care that Harriet Tubman offered to others throughout her life.
Here are the inscriptions on the Harriet Tubman coin:
Obverse Inscriptions: HARRIET TUBMAN, LIBERTY, IN GOD WE TRUST, 2024
Reverse Inscriptions: FAITH, FREEDOM, FAMILY, COMMUNITY, SELF-DETERMINATION, SOCIAL JUSTICE, EQUALITY, UNITED STATES OF AMERICA
The coin's design also incorporates elements of the post-Civil War era such as silhouettes crossing a bridge formed by a railroad track and a train in the background. This representation of a bridge is symbolic of connections, transitions, and the journey to freedom.
It reflects Harriet Tubman's role in guiding others to liberty through the Underground Railroad. As specified by public law, the coin is only available from the U.S. Mint for a limited time.
How Much Do the Harriet Tubman Gold Coins Cost?
Harriet Tubman gold coins are available for purchase separately or as a set. The $5 gold coin carries a surcharge of $35. A set of all three coins is listed for $836.25 on the Mint website.
The current order prices for the commemorative coins range from $47 for an uncirculated half-dollar coin to $718 for a proof $5 one. The introductory pricing is in effect until February 5, 2024. After this, regular pricing will take effect.
When Will the Harriet Tubman Gold Coins Be Available for Purchase?
The Harriet Tubman gold coins are available for pre-order. They will be shipped in early February 2024. Here are the key details:
- The coins were made available for pre-order on January 4, 2024
- The introductory sales prices are in effect until February 5, 2024, at 3:00 pm EST
- The coins are expected to start shipping on February 12, 2024
For more information and pre-order options, you can visit the U.S. Mint's official website.
Where to Buy Harriet Tubman Gold Coins?
The Harriet Tubman gold coin serves as a powerful tribute to her enduring legacy. It symbolizes the struggle for equality and justice. If you're interested in buying these gold coins, here is where you can get them.
The Official US Mint Catalog
For those looking for authenticity, the US Mint Catalog stands as the primary source for Harriet Tubman gold coins. The catalog offers a range, including:
- The Harriet Tubman $5 Gold Coins
- The exquisite Harriet Tubman 2024 Proof Five-Dollar Gold Coins
Government mints often release commemorative coins. Check their official website or authorized distributors to secure an authentic and high-quality coin.
Freedom Center
The Freedom Center has a pre-sale offering of a Harriet Tubman Commemorative Coin. This $5 gold coin sale captures Tubman's role as a humanitarian.
Reputable Coin Dealers and Numismatic Shops
Look for established dealers with a history of selling authentic and certified coins. Before buying gold coins, verify their credentials and reputation within the numismatic community. You can find coin dealers near you using the Numismatic Guaranty Corporation's (NGC) dealer locator.
Numismatic Shows and Conventions
Attend numismatic events and coin conventions. This is where collectors and dealers from around the world gather. When you attend these events, you can purchase Harriet Tubman gold coins directly from dealers.
These gatherings are ideal for networking, learning about new releases, and exploring a wide range of rare gold coins. You're sure to meet like-minded people who share the same interests.
Online Auctions
Online auction platforms can be a treasure trove for gold coin collectors. Platforms like eBay may have listings for Harriet Tubman coins, however, exercise caution. Ensure that the seller has a positive reputation. They should also offer certifications for the coin's authenticity.
Expert Advice on Buying Small Gold Coins: Tips for Trading Harriet Tubman Gold Coins
Investing in gold coins is a great way to diversify your portfolios. These coins are portable, affordable, and hold historical significance. Let's explore expert advice on buying these gold coins.
Research the Current Market Trends
When buying gold coins, stay informed about the current market trends. Small gold coin prices can fluctuate based on factors such as economic conditions, geopolitical events, and inflation rates.
To know more about the current market scenario, engage in thorough research. You can also consult with financial experts.
Verify the Authenticity of the Harriet Tubman Gold Coins
Harriet Tubman gold coins have a lot of historical significance. This is why you need to ensure authenticity before you make a purchase. Opt for reputable dealers or government-approved mints to purchase these coins.
Ensure you ask for certificates of authenticity. Additionally, verify the minting details to guarantee that you are acquiring a genuine piece.
Set a Realistic Budget
As a coin collector, you need to establish a realistic budget before making a purchase. Small gold coins are available in various denominations. Assess your gold investment goals and financial situation to determine the amount you can allocate to acquiring these coins.
Additionally, remember to factor in potential future value and rarity to ensure your investment aligns not only with your budget but also with your long-term collecting objectives.
Consider the Grade of the Gold Coin
The grade of a gold coin reflects its condition and determines its value. Expert collectors often use grading systems, such as the Sheldon scale. This will help you evaluate the quality of your coins.
When buying Harriet Tubman Gold Coins, pay attention to their grade. Higher-grade coins are generally more valuable. Seek advice about grading from numismatic experts to make informed decisions.
Explore Storage Options
Proper storage is important when you own physical assets like small gold coins. These pieces are often in danger of theft and damage from the elements. Ensure you investigate secure storage options that protect your Harriet Tubman Gold Coins.
Professional vaults or safety deposit boxes are popular choices. They ensure the long-term preservation of your investment.
Stay Informed About Tax Implications
Understanding the tax implications of trading gold coins is essential. It helps ensure responsible financial planning. If you sell Harriet Tubman gold coins, you may be subject to capital gains taxes. Consult with a tax professional if you're unsure about the tax regulations applicable.
Stay Updated on Market Liquidity
The liquidity of your Harriet Tubman Gold Coin is an essential aspect to consider. Knowing the market liquidity ensures that you can readily buy or sell your coins when needed.
Make sure you stay updated on gold market demand and potential buyers. It will help you make informed decisions about the liquidity of your gold coin investments.
Grow Your Investments in Small Gold Coins
The Harriet Tubman Gold Coins are more than just small gold coins. They are a tribute to a fearless leader who fought for freedom and equality.
Are you ready to take the next step in your investment journey? Sign up for our free precious metals investor guide, available on our website. If you're looking to enhance your precious metals holdings, browse through our diverse range of products.
