Liberty Gold Dollar Type 3 $1 Gold MS 1856-1889 Values

Greysheet & Red Book® Price Guide
Melt: $208.75 (0.0484 oz Gold)

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Liberty Gold Dollar Type 3 $1 Gold MS 1856-1889 Values

Details

The final design choice for the Gold Dollar denomination was determined in 1856 and lasted until 1889 when these dollars would see their permanent demise. Since the Type 1 Gold Dollar was too small and the Type 2 that was meant to fix that ended up having problems of its own, the mint had finally had enough and came up with a plan to resolve these issues for good. That is what resulted in the creation of the Type 3 Gold Dollar. The design was changed subtly yet dramatically in ways such as enlarging and rearranging the devices to make for better metal flow. This was the goal in order to maintain the larger sized coin but fix striking issues which for the most part was successful. Although, this fix was not perfect as the smaller branch mints still suffered from weak strikes so any Dahlonega minted Gold Dollar with a crisp strike is a coin whose desirability is beyond incredible. Some rare dates to lookout for are the 1856-D, 1861-D and 1875.

Obverse: Indian head portrait, larger than the type 2 design, with crown centered in the design surrounded by UNITED STATES OF AMERICA around the periphery.

Reverse: "1 DOLLAR" is centered with date below, surrounded by a large wreath tied in a bow at the bottom. Mint mark, if any, appears at the bottom below the blow.

Basic Information

GSID:

72367

Coin Date:

Liberty Gold Dollar

Denomination:

G$1 / $1 Gold

Designation:

MS

Varieties and Classification

Variety:

Type 3

Variety 2:

1856-1889

Physical Characteristics

Fineness:

0.9

Weight:

1.672 gr

Weight:

0.0538 oz

Precious Metal Weight:

0.04837 oz

Strike Type:

Business

Diameter:

15 mm

Coin Shape:

Round

Design Details

Designer:

James B. Longacre

Obverse Lettering:

LIBERTY

Obverse Designer:

James B. Longacre

Reverse Lettering:

1, DOLLAR, [Date]

Reverse Designer:

James B. Longacre

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