1870s "Reconstruction Era" Gold Liberty Set
1907 Liberty Gold Set
1907 Liberty Gold Set
In the realm of U.S. gold coinage, 1907 is known as a noteworthy and magical year. It marked the end of the venerable Liberty motif – which had been used continuously since the 1830s – and the beginning of new designs for all four gold denominations.
This transition resulted in numerous major rarities, including several coins that fetched hundreds of thousands, if not millions, of dollars. Coins like the 1907 Rolled Edge $10 Eagle (typically worth $150,000-$500,000) and the 1907 Ultra High Relief $20 Double Eagle (valued at $1,750,000-$2,500,000) immediately come to mind.
While they may not receive as much attention, the Liberty gold issues of 1907 are both historically significant and much rarer than their price tags would suggest. They are among the very last Liberty design gold coins ever struck before the new Indian Head and Saint-Gaudens versions were introduced. In addition, 1907 gold coins are extremely difficult to acquire in higher Uncirculated grades. This scarcity is reflected in the price of MS65 pieces – yet somehow MS64s trade for extremely modest premiums.
For years, we’ve considered 1907 Liberty gold coins to be overlooked. However, they’re especially underpriced in today’s market. Like many U.S. gold coins, the category of MS64 Liberty gold is cyclical, and prices are currently in a valley. Undeservedly so, the numismatically desirable 1907 issues are caught in a slump too. Despite being rarer and more desirable than “generic” dates, the market is unfairly pricing 1907 pieces in a similar fashion. This gives savvy buyers the opportunity to own 1907 Liberty gold pieces at a dramatic discount to their 10-year highs.
1907 Liberty Gold Set
A complete 1907 Liberty gold set consists of four coins: a $2.50 Quarter Eagle, $5 Half Eagle, $10 Eagle and $20 Double Eagle. Below is a detailed description of each coin’s numismatic background and price history:
1907 $2.50 Liberty Quarter Eagle
Current NGC Price Guide: $700
10-Year NGC Price Guide High: $1,770, March 2008
The Liberty Quarter Eagle holds the important distinction of being the longest-running U.S. coin design without any modification. Granted, other motifs have been in place longer with minor tweaks and adjustments, but the Liberty Quarter Eagle saw zero change from its introduction in 1840 through its conclusion in 1907. As the final year of issue – especially for such a long-lived series – the 1907 date is numismatically significant. It is an exceptionally well-made issue; specimens typically show a razor-sharp strike and impressive satiny luster.
In terms of market value, 1907 Quarter Eagles are nothing short of a steal at current prices. They are selling for a 60% discount compared to their 10-year high. For much of the past decade, any MS64 $2.50 Liberty was traded for well in excess of $1,000. Now, with the NGC Price Guide pegging their value at $700, they are an exceptional find.
1907 $5.00 Liberty Half Eagle
Current NGC Price Guide: $1,150
10-Year NGC Price Guide High: $2,200, February 2007
Whereas 1907 marked the end of the Liberty $2.50, $10 and $20 series, the Liberty $5 was not phased out until 1908. Nonetheless, the 1907 issue is a better date that’s 50% rarer than the most common $5 Liberty. It jumps significantly in value from MS64 to MS65; the NGC Price Guide shows a leap from $1,150 in MS64 to $3,400 in MS65.
Today, 1907 $5 “Libs” are trading for half of their all-time high. After peaking in the $2,200-$2,260 range in 2006-2007, this same coin is assigned a value of $1,150 by the NGC Price Guide today. This coin has not been so affordable since the early 2000s, when spot gold was under $500! We’re stunned to see MS64 $5 Liberties available at such a tremendous value, and we’re even more surprised that 1907s can be purchased at the same price.
1907 $10 Liberty Eagle
Current NGC Price Guide: $1,600
10-Year NGC Price Guide High: $3,130, December 2009
The famed Liberty design made its debut on the $10 Eagle in 1838. Since then, the coin underwent a few modifications. The obverse portrait was tweaked slightly in 1839 – and then the motto “IN GOD WE TRUST” was added to the reverse in 1866. Midway through 1907, the old Liberty design was phased out in favor of the new Indian Head motif. As a result, 1907 $10 Liberty Eagles are a better date to buy in all grades and a good bit scarcer in high grades.
Like its smaller brethren, the 1907 $10 Liberty is currently trading for a major discount. According to the NGC Price Guide, it’s essentially selling for half its 2009 peak. Not only is this coin a bargain compared to its historical high, but it’s also a much better value than an MS65. With 1907 $10 "Libs" costing $5,000-$6,000 in MS65, the MS64 has plenty of “room to run” in the mid to high teens.
1907 $20 Liberty Eagle
Current NGC Price Guide: $3,150
10-Year NGC Price Guide High: $4,280, December 2009
Like the $10 Eagle, two different $20 Double Eagle designs were made in 1907. The Liberty design was issued at the beginning of the year, but the U.S. Mint shifted to the Saint-Gaudens motif as 1907 went on. The result is the year’s production was split between two different designs, thus making each version a scarcer issue.
The 1907 $20 Liberty shares another similarity with its $10 sibling. Both have massive price jumps to MS65. While NGC pegs the 1907 $20 Liberty at $3,150 in MS64, its value skyrockets to $11,400 in MS65. With MS65 specimens being so expensive and virtually impossible to source, the MS64 pieces stand out as an excellent value.
Exclusive Prices for Liberty Gold Set
In summary, all four 1907 Liberty gold coins are selling for an enormous discount compared to their all-time highs. At their peak values, this four-coin set was valued at $11,610. Today, the NGC Price Guide assigns a value of $6,600 – that’s a drop of 43% from the top. When we discovered how reasonable these coins had become, we started hunting for 1907 MS64 gold coins. Thanks to our buying power and sources within the industry, we ended up with a superb deal that beats even today’s low NGC Price Guide values.
We have a total of 29 four-coin 1907 MS64 Liberty gold sets available. Each coin was selected by us for outstanding eye appeal, strong luster and clean surfaces. These coins are near-Gem in terms of quality, but, they don’t carry the colossal MS65 price tag. This exact four-coin set in MS65 would cost well over $20,000!
To be perfectly blunt, we’re shocked that these coins were available at such a great value. For years, generic 4-coin MS64 Liberty gold sets were consistently changing hands for $8,000-$11,000. We never thought better-date 1907 sets would ever sell for under $6,000 per set! In the entire U.S. gold coin market, we simply cannot point to a better buy today. These sets represent an unmatched combination of numismatic significance and value.
(29) MS64 1907 Liberty Gold Sets - Call us for pricing and details!
Call us at 800-831-0007 or send us an email to secure your 1907 Liberty Gold sets today!
*Prices are subject to change due to market fluctuation and product availability. Price includes free shipping, handling and insurance.