Depicts the figure of Liberty clad in a flowing dress and seated upon a rock. In her left hand, she holds a Liberty pole surmounted by a Phrygian cap, which had been a pre-eminent symbol of freedom during the movement of Neoclassicism (and in fact traces its roots back to Ancient Greece and Rome). Liberty's right hand rested on the top corner of a striped shield with a diagonal banner inscribed with the word "Liberty". The shield represented preparedness in the defense of freedom. The date of the coin appeared on the bottom below Liberty. Arrows are on each side of the date. Thirteen six-pointed stars around the rim, commemorating the original thirteen colonies.

A left-facing bald eagle about to take flight, with a striped shield upon its breast. The eagle clutched an olive branch of peace in its right talons and a group of arrows in its left talons. Above the eagle around the rim were the words "United States of America" and below the eagle around the rim lay the coin denomination.

The bald eagle is a bird of prey found in North America. Its range includes most of Canada and Alaska, all of the contiguous United States, and northern Mexico. It is found near large bodies of open water with an abundant food supply and old-growth trees for nesting. Bald eagles are not actually bald; the name derives from an older meaning of the word, "white headed".

The mint mark appears on the reverse beneath the eagle.
• None (Philadelphia Mint in Philadelphia, Pennsylvania)
• O (New Orleans Mint in New Orleans, Louisiana)
• S (San Francisco Mint in San Francisco, California)

A variety of 1854-O with a “huge O” mintmark is rare. "Huge" refers to the extra thick walls of the mintmark, not the diameter.