GOLD DOLLAR 1854-1856 Indian, Small Head
Description
In 1854 James B. Longacre restyled the gold dollar to an increased diameter. At just 13 mm, the previous design was just too small to be practical. However, the new design had some flaws of its own. The thinness of the coin and the depth of the die recesses, made it difficult to strike the coin and achieve fine detail on both the obverse and reverse. Of particular difficulty was the detailed striking of the central two digits of the date.
In 1854 the obverse motif was changed to the head of an Indian princess, wearing a feather headdress and a band inscribed LIBERTY, facing left, with UNITED STATES OF AMERICA surrounding. The reverse shows a wreath of corn, cotton, wheat, and tobacco, similar to that used on the $3 of the same year (and the Flying Eagle cent minted later, beginning in 1856). After a coinage in 1854 at the Philadelphia Mint, a coinage in 1855 at the Philadelphia, Charlotte, Dahlonega, and New Orleans mints, and a coinage in 1856 at the San Francisco Mint only, the obverse motif was modified. In the 1854-1856 span there are several scarce issues and two rarities, the 1855-C and 1855-D.
The type collector will have no difficulty in encountering a Philadelphia Mint coin of 1854 or 1855 in any desired grade from Very Fine through AU. Uncirculated pieces are scarce, and superb Uncirculated coins are seldom met with.
Valuation
The 1854-1856 dollar, usually called the Type II, is the scarcest of the gold dollar designs and is the key to a gold dollar type set.
- COIN NAME
- GOLD DOLLAR 1854-1856 Indian, Small Head
- DESIGNED BY
- James Barton Longacre
- ISSUE DATE
- 1854-1856
- COMPOSITION
- 0.900 part gold, 0.100 part copper
- DIAMETER
- 15 mm
- WEIGHT
- 25.8 grains
- EDGE
- Reeded
- BUS MINT
- 1,633,426
- PROOF MINT
- Fewer than 50
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