coins \ Coin \ United States of America \ \ $1 Gold Type 1 \ 1850 \ Philadelphia
The 1850 $1 Gold Type 1 coin, minted in Philadelphia, is a notable example of early American gold coinage. Representing the first design of the Liberty Head series, this coin features a depiction of Lady Liberty on the obverse and a simple wreath with the denomination on the reverse. It is composed of 90% gold and 10% copper, weighing approximately 1.672 grams. The Type 1 design was produced from 1849 until 1854, making it a popular choice among collectors of early U.S. gold coins.