Early Gold Bullion $1 Liberty Gold type 3 Extra Fine to AU

Qty	Wire/Check	Bitcoin	CC/PayPal
Any	$399.00	$402.99	$414.96

The $1 Liberty Gold Coin, Type 3, is a remarkable piece of American numismatic history, combining elegance, historical significance, and precious metal value. Minted between 1856 and 1889, this coin represents the smallest gold denomination ever produced by the United States Mint, embodying the nation’s economic growth and evolving monetary policies during the mid-19th century. Its intricate design, high gold content, and connection to a transformative era in U.S. history make it a highly sought-after collectible.

The $1 Liberty Gold Coin was initially introduced in 1849, spurred by the California Gold Rush and the subsequent influx of gold into the U.S. economy. The Type 3 design, issued from 1856 onwards, was created in response to criticisms of the earlier designs’ practicality and aesthetics. The Type 3 coins feature a larger diameter and a modified design that improved their durability and appeal. This type became the standard for the $1 Liberty Gold Coin series and remains one of the most iconic gold coins of its time.

The obverse of the Type 3 $1 Liberty Gold Coin features a stunning depiction of Lady Liberty wearing a Native American-style headdress, often referred to as the "Indian Princess Head." Designed by James B. Longacre, the Chief Engraver of the U.S. Mint, this portrait captures the elegance and symbolism of Liberty, embodying freedom and unity. The design is encircled by 13 stars, representing the original colonies, with the year of minting placed below. The intricate detailing of Liberty’s profile and the headdress highlights Longacre’s artistry and the U.S. Mint’s commitment to high-quality coinage.

The reverse of the Type 3 $1 Liberty Gold Coin is equally impressive, featuring a simple yet elegant wreath encircling the denomination “1 DOLLAR” and the year of issue. The wreath is composed of cotton, corn, and tobacco, symbolizing the agricultural wealth and economic diversity of the United States during the 19th century. This design element underscores the nation’s reliance on agriculture as a cornerstone of its economy while celebrating its natural abundance. The reverse design is encircled by a raised rim, which helps protect the coin from excessive wear and ensures its longevity.

The $1 Liberty Gold Coin was minted at several facilities, including Philadelphia, Dahlonega, Charlotte, and San Francisco. The inclusion of mintmarks, such as “D” for Dahlonega and “S” for San Francisco, adds an extra layer of collectibility to the series. Coins minted at Dahlonega and Charlotte are particularly prized due to their lower mintages and the historical significance of these Southern mints. The diversity of mint locations and their unique historical contexts provide a fascinating backdrop for collectors seeking to assemble a comprehensive set of Type 3 $1 Liberty Gold Coins.

Mintage figures for the Type 3 $1 Liberty Gold Coin vary widely across the years and mint locations, reflecting the economic and political conditions of the time. For instance, coins struck at the Philadelphia Mint often have higher mintage numbers due to the city’s role as the nation’s primary minting facility. In contrast, coins from Dahlonega and Charlotte typically have lower mintages, resulting in greater scarcity and desirability. Collectors often seek out key dates and mintmarks within the series, such as the 1856-D and 1860-D issues, which are known for their rarity and historical significance.

The composition of the $1 Liberty Gold Coin is another factor that enhances its appeal. Each coin is struck in 90% gold and 10% copper, commonly known as “crown gold,” which provides durability while retaining its intrinsic value. The coin has a total weight of 1.672 grams, with a pure gold content of 0.0484 troy ounces. This combination of portability and value made the $1 Liberty Gold Coin a practical medium of exchange during its time in circulation and a reliable investment in today’s market.

The historical context of the Type 3 $1 Liberty Gold Coin adds depth to its numismatic significance. Minted during a period of rapid westward expansion, industrialization, and economic transformation, these coins represent a tangible connection to an era of profound change in American history. They were used widely in commerce, particularly in the Western states where gold was abundant, and played a crucial role in facilitating trade and investment during the nation’s formative years. Their association with the California Gold Rush and the broader gold discoveries of the 19th century further enhances their historical importance.

The condition of Early Gold Bullion $1 Liberty Gold Coins in Extra Fine (XF) to About Uncirculated (AU) grades reflects their history of use and preservation. Coins in Extra Fine condition exhibit moderate wear on the highest points of the design, with much of the original detail and luster remaining intact. About Uncirculated examples show minimal wear, typically confined to the most exposed areas, and retain the majority of their mint luster. These grades strike a balance between affordability and quality, making them attractive to both novice and seasoned collectors.

The artistry of the Type 3 $1 Liberty Gold Coin is a testament to the skill and vision of its designer, James B. Longacre. The obverse portrait of Liberty is both elegant and symbolic, capturing the ideals of freedom and unity that defined the nation during the 19th century. The reverse design, with its agricultural motifs and clean layout, complements the obverse while emphasizing the coin’s function as a practical piece of currency. Together, these design elements create a harmonious and visually appealing coin that continues to captivate collectors and enthusiasts.

The $1 Liberty Gold Coin, Type 3, holds enduring appeal for a variety of reasons. Its gold content provides intrinsic value, offering a reliable hedge against economic uncertainty and a secure store of wealth. At the same time, its historical and cultural significance enhances its desirability as a collectible. The coin’s small size and detailed design make it a fascinating piece of American numismatic history, while its compatibility with other denominations and series adds to its versatility within a collection.

The legacy of the Type 3 $1 Liberty Gold Coin is one of resilience, artistry, and historical importance. As the smallest gold coin ever minted by the United States, it embodies the practicality and ingenuity of 19th-century American coinage. Its production at multiple mints and its role in the nation’s economic development provide a rich narrative for collectors to explore. For those who appreciate the beauty and history of gold coins, the Type 3 $1 Liberty Gold Coin represents a timeless and valuable addition to any numismatic collection.

The Early Gold Bullion $1 Liberty Gold Coin, Type 3, in Extra Fine to About Uncirculated condition, is a piece of American history that combines elegance, historical significance, and tangible value. Whether acquired for its artistry, its gold content, or its historical relevance, this coin continues to inspire admiration and appreciation among collectors and investors worldwide. Its enduring legacy ensures that it remains a cherished and iconic symbol of America’s numismatic heritage.