1861-P (Philadelphia) Gold Dollars

Coin / United States of America / 1861 / Philadelphia / Gold Dollars / $1 (One Dollar)

The coin in question is a stunning example of a 1861 Gold Dollar, a notable piece of U.S. numismatic history. Struck at the Philadelphia Mint, this coin features a mint mark of 'P,' indicating its origin. Made of gold, it weighs approximately 1.67 grams and has a diameter of 15 millimeters, which gives it a compact and elegant profile, typical of gold dollar coins from this era. As a denomination of $1 (One Dollar), this coin illustrates the currency's value in the United States prior to the Civil War. With a total mintage of 527,150 coins for the year 1861, it is relatively scarce, making it a desired addition for collectors and history enthusiasts alike. The coin is classified under the Gold Dollars series and is categorized simply as a "Coins" type. Its compelling historical significance, combined with its precious metal composition, contributes to its value not only as a medium of exchange at the time but also as a collectible artifact reflecting the economic conditions of the United States during the early 1860s. Overall, the 1861 Gold Dollar is more than just a piece of currency; it represents an important chapter in American history, showcasing the artistry and craftsmanship of American coinage from that time. Collectors would do well to seek out this piece, as it reflects both monetary and historical value.