One of the shortest-lived gold coins from the United States Mint was the $1 Gold Coin. Introduced in 1849, it was only struck through 1889 and suffered low circulation during the US Civil War. The coin went through three design types on the obverse. Right now, Pre-33 $1 Indian Gold Type 2 Coins are available to purchase in certified condition online from JM Bullion.
Coin Highlights:
- Arrives in a protective plastic slab!
- Type 2 design!
- Available from 1854 to 1856!
- Limited availability of certified coins!
- Contains .04837 Troy oz of actual gold content.
- Bears a face value of $1 (USD) backed by the federal government.
- Issued a Grade of Mint State 60 by the Professional Coin Grading Service or Numismatic Guaranty Corporation.
- Obverse features the first Indian Liberty Head design.
- Reverse includes an agricultural wreath.
- Please note we do not guarantee a specific date mark.
Each of the Pre-33 $1 Indian Gold Coins in this listing arrives in MS60 condition. Coins with this grade exhibit dull mint luster with many larger detraction contact marks, but no trace of circulation wear.
The Pre-33 $1 Indian Gold Coin was issued with three different obverse designs in its history and two different reverse designs. The initial obverse was created by James B. Longacre and was heavily influenced by Christian Gobrecht’s Liberty Coronet on the US Eagles, as well as his own design for the Double Eagle. In 1854, he created a depiction of Liberty as an Indian Princess with a feathered headdress on her head.
Obverse design elements on these Pre-33 Indian Gold Coins include the Type 2 design. Used only from 1854 to 1856, the image is known as the Small Head Indian Princess as the proportion of Liberty’s bust to the total field of the coin was much smaller than the previous Coronet or the subsequent Large Head Indian Princess.
Reverse visuals on the Pre-33 $1 Indian Gold Coin include the Type 2 reverse design as well, which was used from 1854 to 1889. The design is similar to the original Type 1 design from Peter Filatreau Cross, but was redesigned in 1854 by Longacre to include a larger, more diverse wreath. Representing the agriculture of the North and the South, the design includes a wreath of cotton, corn, tobacco, and wheat.
If you have any questions about these gold coins 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.