coins \ Coin \ United States of America \ \ $1 Gold Type 1 \ 1850 \ New Orleans
The 1850 $1 Gold Type 1 coin, minted in New Orleans, is part of the Liberty Head series and features a design by engraver James B. Longacre. This coin is composed of 90% gold and 10% copper, weighing approximately 1.672 grams. The obverse showcases a left-facing bust of Lady Liberty, while the reverse depicts a simple design with a wreath surrounding the denomination. These coins are highly sought after by collectors, particularly in higher grades and those with unique mint marks.