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Please note: We will select coins from 1856-1889 to fulfill your order based on our inventory.
The United States introduced the gold dollar coin in 1849, responding to the massive influx of gold from the California Gold Rush that began in 1848. This tiny coin, designed by Chief Engraver James B. Longacre, was the result of a sudden abundance of gold, making it practical and economical to produce smaller-denomination gold coins. Smaller gold denominations had previously been impractical due to the precious metal’s scarcity and value. Congress authorized the coin as part of the Act of March 3, 1849, establishing it as legal tender. Right now, Pre-33 $1 Indian Gold Coins from the Type III series are available from JM Bullion.
Coin Highlights:
Each Pre-33 $1 Indian Gold Coin available here comes with a protective plastic flip. The coins in this listing are available only from the Type III Series of $1 gold coins, with the first issue of these coins coming in 1856 and the final in 1889. Both designs were created by James B. Longacre. The coins in this listing are cleaned specimens, indicating that a cleaning agent was previously applied to the coins in an effort to clean up or restore the original visual quality of the coin.
The gold dollar represented a significant addition to American coinage, providing a convenient denomination for everyday transactions during a period of economic expansion. Its small size—just 13 millimeters in diameter—made it somewhat impractical for handling, but its gold content gave it intrinsic value that paper currency lacked at the time. The coin’s introduction reflected both the nation’s growing confidence in its monetary system and the transformative impact of Western gold discoveries on the American economy.
The obverse of $1 Indian Gold Coins comes with a portrait of Lady Liberty. This Type III obverse design is known as the Large Head Liberty and reflects a quick adjustment following the short-lived Type II Liberty portrait. The Type II series introduced the Liberty portrait with the feathered headdress, but her head was captured as a smaller portrait. This Type III design enlarged the appearance of Liberty’s head within the design field.
On the reverse of Pre-33 $1 Indian Gold Coins, you will find the second iteration of the wreath design on the coins. Designed in 1854 by Longacre, this design features a more ornate wreath that encloses engravings of the face value and the year of issue for the coin.
If you have any questions about gold for sale, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address. Be sure to view our website for more grades and editions of this coin, like the MS62 $1 Indian Gold Coin or the MS64 $1 Indian Gold Coin.
Tracking and insurance included on all orders
Please note: We will select coins from 1856-1889 to fulfill your order based on our inventory.
The United States introduced the gold dollar coin in 1849, responding to the massive influx of gold from the California Gold Rush that began in 1848. This tiny coin, designed by Chief Engraver James B. Longacre, was the result of a sudden abundance of gold, making it practical and economical to produce smaller-denomination gold coins. Smaller gold denominations had previously been impractical due to the precious metal’s scarcity and value. Congress authorized the coin as part of the Act of March 3, 1849, establishing it as legal tender. Right now, Pre-33 $1 Indian Gold Coins from the Type III series are available from JM Bullion.
Coin Highlights:
Each Pre-33 $1 Indian Gold Coin available here comes with a protective plastic flip. The coins in this listing are available only from the Type III Series of $1 gold coins, with the first issue of these coins coming in 1856 and the final in 1889. Both designs were created by James B. Longacre. The coins in this listing are cleaned specimens, indicating that a cleaning agent was previously applied to the coins in an effort to clean up or restore the original visual quality of the coin.
The gold dollar represented a significant addition to American coinage, providing a convenient denomination for everyday transactions during a period of economic expansion. Its small size—just 13 millimeters in diameter—made it somewhat impractical for handling, but its gold content gave it intrinsic value that paper currency lacked at the time. The coin’s introduction reflected both the nation’s growing confidence in its monetary system and the transformative impact of Western gold discoveries on the American economy.
The obverse of $1 Indian Gold Coins comes with a portrait of Lady Liberty. This Type III obverse design is known as the Large Head Liberty and reflects a quick adjustment following the short-lived Type II Liberty portrait. The Type II series introduced the Liberty portrait with the feathered headdress, but her head was captured as a smaller portrait. This Type III design enlarged the appearance of Liberty’s head within the design field.
On the reverse of Pre-33 $1 Indian Gold Coins, you will find the second iteration of the wreath design on the coins. Designed in 1854 by Longacre, this design features a more ornate wreath that encloses engravings of the face value and the year of issue for the coin.
If you have any questions about gold for sale, please feel free to ask. JM Bullion customer service is available at 800-276-6508, online using our web chat, and via our email address. Be sure to view our website for more grades and editions of this coin, like the MS62 $1 Indian Gold Coin or the MS64 $1 Indian Gold Coin.
