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fwo_1188041 - UNITED STATES OF AMERICA 5 Dollars or "Indian Head" 1908 Philadelphie

UNITED STATES OF AMERICA 5 Dollars or  Indian Head  1908 Philadelphie AU
1 100.00 €(Approx. 1232.00$ | 924.00£)
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Type : 5 Dollars or "Indian Head"
Date: 1908
Mint name / Town : Philadelphie
Quantity minted : 578012
Metal : gold
Millesimal fineness : 900 ‰
Diameter : 21,5 mm
Orientation dies : 6 h.
Weight : 8,37 g.
Edge : cannelée
Coments on the condition:
Quelques fines rayures
Catalogue references :

Obverse


Obverse legend : LIBERTY 1908 EN CREUX.
Obverse description : Tête de chef indien à gauche entouré de treize étoiles (six devant et sept derrière).

Reverse


Reverse legend : UNITED - STATES OF - AMERICA/ FIVE DOLLARS/ E/ PLURIBUS/ UNUM - IN/ GOD/ WE/ TRUST.
Reverse description : Aigle debout à gauche sur un faisceau.
Reverse translation : (États-Unis d'Amérique/ 5 dollars / plusieurs il ne font qu'un/ en Dieu, nous croyons.

Commentary


Ce type, très connu et apprécié des collectionneurs fut frappé entre 1908 et 1929 pour les ateliers de Philadelphie, Denver (depuis 1908), La Nouvelle-Orléans qui ferme en 1909 et San-Francisco. En fait la pièce fut fabriquée jusqu'en 1916 et ensuite, seulement en 1929.
This type, well known and appreciated by collectors, was struck between 1908 and 1929 for the mints of Philadelphia, Denver (since 1908), New Orleans which closed in 1909 and San Francisco. In fact the coin was produced until 1916 and then only in 1929.

Historical background


UNITED STATES OF AMERICA

During the First World War, the United States stood apart from the conflict. Faced with threatening Germany, the United States entered the war in 1917 and played a decisive role in the victory. The post-war period experienced an extraordinary economic boom which confirms the role of the world's leading commercial and financial power achieved before the First World War. In such euphoria, the economic crisis born in October 1929 led to a real economic paralysis which created seven million unemployed in two years. The election of Roosevelt in 1932 made it possible to overcome the crisis with the interventionist policy of the "New deal" but reduced the influence of the United States on world politics while Europe was sinking into totalitarian regimes. Re-elected in 1940, Roosevelt made the United States the arsenal of democracies, and the Japanese attack on Pearl Harbor in 1941 threw the American people into World War II..

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