In 1856, the $1 gold coin series would culminate with its final revision, the Type III $1 Indian Gold Coin. This version of the coin was one of the last $1 gold coins to be produced by the United States. The last of these coins were minted in 1889, just a year before the Act of September 26, 1890 prohibited any further production of smaller denomination gold coins.
These Type III coins have a gold content of .048375 troy oz. as well as an MS64 (Mint State 64) grade. These certified grades were the result of extensive examination by the NGC (Numismatic Guaranty Corporation) or the PCGS (Professional Coin Grading Service). Coins of this grade have an average appearance with only mild hairline and contact marks to mar its finish. Each coin has been sealed and preserved in their individual NGC or PCGS certified case.
The design changes featured on the Type III coin reflect the new identity emerging from within our nation. On the front of the coin, Lady Liberty has shed her classically inspired coronet for an artistic rendition of the Native American headdress. Likewise, the ring of stars now bears our nation’s name to acknowledge every state as opposed to the original thirteen colonies. Lastly, the back of the coin no longer depicts a generic wreath. Instead, the wreath displays region specific crops and allows designers to truly pay tribute to the agricultural contributions of each state.
This stunning collector’s item not only captures a significant time in the history of US Currency, but also a significant time in the US itself. Because this is the last of a very collectible set, we encourage our customers to make their purchases before merchandise becomes limited. All packages receive complimentary shipping and insurance against theft, loss or damage.
If you would like to obtain further details regarding this MS64 Type III $1 Indian Gold Coin, please call us at 800-276-6508. You can also contact our knowledgeable staff via live chat or by filling out an online form. Be sure to check out other grades and variations of the Type III $1 Indian Head Gold Coin like the MS62 $1 Indian Head Gold Coin or the Cleaned $1 Indian Head Gold Coin.