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Liberty Gold Dollar $1 Gold Type 1, 1849-1854

Liberty Gold Dollar $1 Gold Type 1, 1849-1854

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Greysheet Catalog Details (GSID: 72365)

The Liberty Gold Dollar $1 Gold is part of a series of Liberty head gold dollar coins struck from 1849-1854. The specific variety is Type 1. Designated as a Business (MS) strike, this coin is made of 90% gold; 10% copper.
The year was 1849 and along with the gold rush came brand new currency to America in the Gold Dollar and the Double Eagle, which both shared the same Liberty obverse. Since there was so much gold to be had and these Gold Dollars were so small, as compared to many previous gold issues, their mintages were relatively high. All five mints at the time produced the Liberty Gold Dollar from 1849 to 1854. Most Liberty Gold Dollars were struck in Philadelphia making a type or date set easy to complete but the same cannot be said for a full date and mintmark collection. C and D minted issues got their gold locally with no assistance from the California gold rush or the ?mother-mint? in Philly. That has caused any early Gold Dollars from Charlotte or Dahlonega to become elusive rarities in today's market. Collectors normally look for high grade pieces but they are certainly interested in any fully original rarity from the branch mints. This design was short lived because of its small size which drew much negativity from 1850?s America.
Obverse: Liberty facing left surrounded by 13 stars around the circumference.
Reverse: "1 DOLLAR" is centered with date below, surrounded by a wreath tied in a bow at the bottom. UNITED STATES OF AMERICA around the periphery. Mint mark, if any, appears at the bottom below the bow.

Catalog Details    Dealers Only

Catalog Detail

GSID: 72365
Coin Date: Liberty Gold Dollar
Denomination: G$1 / $1 Gold
Designation: MS
Mint Mark: Various
Coinage Type: Liberty head gold dollar
Coinage Years: 1849-1854
Composition: 90% gold; 10% copper
Variety: Type 1
Variety 2: 1849-1854
Strike Type: Business
Diameter: 13 mm
Fineness: 0.9
Weight: 1.672 gr
Weight: 0.04837 oz
Coin Shape: Round
Designer: James B. Longacre
Obverse Lettering: LIBERTY
Obverse Designer: James B. Longacre
Reverse Lettering: 1, DOLLAR, [Date]
Reverse Designer: James B. Longacre
PCGS #: 7500
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