Liberty Gold Dollar G$1 Type 1 1849-1854

Coin / United States of America / 0 / / $1 Gold – Type 1 / G$1

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.

coinage-type Liberty head gold dollar
desg MS
designer James B. Longacre
diameter 13
edge Reeded
fineness 0.9
material 90% gold; 10% copper
mint-mark Various
obverse-description Liberty facing left surrounded by 13 stars around the circumference.
pcgs-link 7500
pcgs-number 7500
reverse-description "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.
variety Type 1
variety-2 1849-1854
weight-grams 1.672
weight-ounces 0.04837
year-display 1849-1854