Liberty Gold Dollar
Coin-Type 1 (1849-1854)
Weight: 1.7 grams
Diameter: 12.7 millimeters
Content: 90% gold, 10% other
Mint Mark Legend: Reverse,
below the wreath
Designer: James Barton
The Liberty Gold Dollar Coin (Type 1)
aka: the $1 Liberty
Did you know? The $1 Liberty (Type 1) gold coin is the
smallest coin in United States Mint history!
Although a gold dollar coin was not originally part of the plans for the US system of coinage,
Congress wished to expand the use of gold after the two gold rushes of the 19th century.
On March 3, 1849, US Congress authorized coinage of the gold dollar.
It was North Carolina jeweler Christoph Bechtler who first began capitalizing on the
gold rush by offering to turn raw gold into coins. Mr. Bechtler initially worked independently
creating coins, but his success quickly caught the attention of Congress and several
members suggested the US Mint take part in this new, profitable venture by minting gold
dollars of their own.
Because the coin was so small (13mm), it was easily lost. This caused many Americans to
become critical of the new gold $1 Liberty coin. The US Mint then began experimentation
with new designs. Since the weight could not be changed, they instead manipulated its
design, trying shapes either wider, thinner, with a hole in the center, etc.
James B. Longacre designed the Liberty Head Type 1 Gold dollar coin in 1849. His was
the first of what would become three varying designs of the Liberty Dollar gold coin.
The differences of these three variations include the size of Liberty's head, as well as
the openness/enclosure of the wreath on the coin's reverse. However, Longacre's basic
design did not change. The front of the coin features Lady Liberty with her hair tightly
curled above her neck, crowned by a coronet.
The surrounding 13 stars represent the 13 original colonies. The gold coin's reverse
features a wreath encircling the denomination and date. The Mint Mark is located between
the wreath and the words "United States of America."
The $1 Liberty Head (Type 1) gold coin was minted from 1849 until the introduction of the
$1 Indian Head (Type 2) gold coin in 1854.
These gold coin dollars were minted primarily at the Philadelphia Mint,
but also at Charlotte, Dahlonega, New Orleans, and in its last year, 1854, at the newly
opened San Francisco Mint.
|Coin Dealer Boston
Liberty Gold Dollar Coins(Type 1)
Welcome to Coin Dealer Boston.
We are aggressive any kind of gold buyers in Boston and
we pay the highest for it. So if you have the Liberty Gold
Coin(type 1) and you want to sell it, bring it to us and we
will give you the highest cash that you can get for it. Even
if you don't want to sell it but you need fast cash, bring it
to us and we will give you a cash loan for it.
If you want to know how much you will get before you
come, just text us the year and picture of the coin that you
have and we will give you your price on text.
Text us right now to ask about your Liberty Gold
Coin(type 1) and we will give you your price on text.
Call or text right now, don't hesitate:
233 Elm St. Somerville, MA 02144 Davis
Square..(Next to the Redline Train)
(Parking behind the building)
(Not in Jewelers Building Downtown Crossing)
|Here is all the History and Information
about The Liberty Gold Dollar Coin