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GOLD DOLLAR 1849-1854 Liberty Head

Front - Gold dollar liberty coin Back - Gold dollar liberty coin

Description

This gold dollar is the smallest United States coin ever minted. Imagine a coin half the size of today’s tenth ounce gold coin. Because it was easily lost, production was limited to this single period in time. The obverse of the style minted from then to 1854 depicts the head of Miss Liberty facing left, her hair tied at the back, and wearing a coronet inscribed LIBERTY. Thirteen stars surround. The reverse depicts a wreath open at the top enclosing the numeral 1, the value DOLLAR, and the date. The inscription UNITED STATES OF AMERICA surrounds. Production was continuous during this period. Examples were produced primarily at the Philadelphia Mint, but the facilities at New Orleans, Dahlonega, Charlotte and San Francisco contributed as well. All of the Charlotte and Dahlonega coins are scarce today, and some are very rare. Charlotte and Dahlonega coins in particular are nearly always very weakly defined in certain areas. Examples of Philadelphia Mint gold dollars are readily available in various grades from Very Fine to AU. Uncirculated pieces are scarce, and superb Uncirculated coins are rare.

Valuation

The type set collector will probably want to acquire a Philadelphia Mint gold dollar in this span, for these are far more plentiful than those of branch mints and also are better struck.
COIN NAME
GOLD DOLLAR 1849-1854 Liberty Head
DESIGNED BY
James Barton Longacre
ISSUE DATE
1849-1854
COMPOSITION
0.900 part gold, 0.100 part copper
DIAMETER
13 mm
WEIGHT
25.8 grains
EDGE
Reeded
BUS MINT
12,565,273
PROOF MINT
Fewer than 50

The statements made on this website are opinions only. Past results are no guarantee of future performance or returns. Precious metals, like all investments, carry risk. Precious metals and coins may appreciate, depreciate, or stay the same depending on a variety of factors. Lear Capital, Inc. cannot guarantee, and makes no representation, that any metals purchased will appreciate at all or appreciate sufficiently to make customers a profit. Lear is a retail seller of precious metals and its buyback (or bid) prices are lower than its sell (or ask) prices. Metals must appreciate enough to account for this difference in order for customer to make a profit when liquidating the metals. Lear does not provide financial advice or retirement planning services. The decision to purchase or sell precious metals, and which precious metals to purchase or sell, are the customer’s decision alone, and purchases and sales should be made subject to the customer’s own research, prudence and judgment.