Although a variety of historic gold coins survived the collection efforts of the federal government in the 1930s, the total number of coins is extremely limited. Investors, collectors, and history buffs alike clamor for these coins when they are available.
The federal government collected all gold coins in circulation starting in 1933 to melt them down into gold bars. The drive was an effort to bolster financial reserves for the nation amidst the Great Depression, and its effect is felt today in the rarity of Pre-1933 gold coins for collection.
On the obverse side of each coin is Gobrechts image of Lady Liberty. Inspired by a Benjamin West painting entitled Omni Vincit Amor, the design features Liberty's head in a left-profile portrait. Her crown contains the word Liberty, while she is surrounded by engravings of the year of minting and 13 stars.
The reverse side of each coin bears the heraldic eagle, a popular symbol on American coins to this day. In this early depiction, the eagle is featured with its wings spread wide and a shield on its chest. In one talon it clutches arrows, while it holds onto an olive branch in the other. The United States of America and the coin's face value are engraved on this side.