Common Date $1 Gold Liberty Type 1 VF

Pricing:

QUANTITY E-CHECK/WIRE CC/PAYPAL
Any $336.84 $350.89
Availability: Out Of Stock
Authenticity Guaranteed
By clicking the button, I agree to be bound by your Privacy Policy, User Agreement, Market Loss Policy, Electronic Disclaimer, and Terms & Conditions of Sale.
Free gold and silver investment kit

Get Our Free
Investor's Guide

Description:

In 1849, a little piece of American history was made, both metaphorically and literally, when one of the U.S. Mint's facilities produced the country's first ever one-dollar gold coin that would actually circulate. Here, we refer to that coin as the $1 Gold Liberty Type 1. The mention of "Type 1" in that name derives from the design, which differs significantly from the "Type 2" design that replaced it come 1854. Crucial elements of the Type 1's obverse design include, in a circle, 13 stars. Each of these stars represents one of the founding U.S. states.

Inside that circle is a head easily recognizable as Liberty's. Beautifully detailed hair can be seen beneath a coronet, which, for the Type 2 design, was replaced by a feathered headdress. That later design also replaced the stars with words reading UNITED STATES OF AMERICA. With the Type 1 coin, it's on the back that those words appear. They surround a wreath that circles the face value, spelled out as 1 DOLLAR. Included below that is the issue date. While James B. Longacre made the front design when in the post of U.S. Mint Chief Engraver, it was Peter Filatreu Cross, an assistant to Longacre, who created what can be seen on the rear.

Longacre did, however, create the revised version of that design for the Type 2 coin. In that design, the wreath's two upper tips are much closer together, though the wreath's appearance has slightly differed between individual 1849-struck coins of the Type 1 variety, too. We do not guarantee which date will appear on a coin that you obtain from us. It will be a common date from the coin's production run.

You may also find that the coin features a mint mark. This inclusion, too, is not guaranteed, as coins that the Philadelphia Mint made do not show mint marks. However, if there actually is a mint mark on the coin that you receive, it will be just below the wreath. A key aspect of the visual appeal of the coin is, of course, the gold color. Each coin has 0.04837 Troy ounces of the metal obviously responsible for that color, though copper does make up 10 percent of the total metal content. Each piece weighs 1.672 grams overall.

As the Type 1 variant of the single-dollar gold disc was minted for just five years, you could find yourself struggling to find it in significant quantities today. For this reason, if you see that we presently have stock of this coin, delaying before buying any of that stock could be ill-advised. Once the coin is yours, you can revel in owning the smallest-diameter United States coin ever to have been minted. The diameter is a mere 12.7mm, and its shortness was remarked upon even shortly after the coin was initially publicly unveiled in the 1840s. A historic coin indeed!

Features of the Common Date $1 Gold Liberty Type 1 VF

  • Moderate wear, befitting the VF-graded condition
  • Displays any year from 1849-54
  • Includes work from two designers.

Orders placed for products that are not a specific year will be fulfilled with coins of any date, based on availability. Orders of multiple coins may be filled with the same year or a variety of years.

Specifications:

More Information
Product Type Coin
Coin Series Pre-33 Gold
Purity 90%
Mint/Refinery U.S. Mint
Metal Type Gold
Face Value $1
Grade Raw
Coin Type Bullion
Modern or Historical Modern
Year Varies
Metal Weight 0.0484 oz

Latest Blog Posts

Best Ways to Invest in Gold
Best Ways to Invest in Gold
Watch now to gain insights from an industry expert on the optimal ways to invest in gold. Don't wait to set yourself up for a bright financial...
Read more
September 21, 2023
10 view(s)
Posted in: Investing Gold
How to buy precious metals
HOW TO BUY & INVEST IN PRECIOUS METALS | Investment Guide
Read now for expert tips on investing in precious metals and protecting your wealth and savings. Start buying precious metals...
Read more
September 18, 2023
143 view(s)
How can Investors Buy Gold?
How can Investors Buy Gold?
Investors can leverage gold in their dream portfolio as part of a sustainable wealth-building...
Read more
September 15, 2023
197 view(s)
Posted in: Investing Gold
CAN YOU BUY GOLD OR SILVER FROM A BANK?
CAN YOU BUY GOLD OR SILVER FROM A BANK?
Explore the pros and cons of purchasing gold or silver from banks and understand why investors should add these timeless assets to their...
Read more
September 14, 2023
466 view(s)