There are currently no items available for purchase in this Department. Search our Auction Archives below to find item values.

1854 G$1 Type Two MS66 PCGS. CAC....

2012 July 12-15 US Coin Summer FUN Signature Auction - Orlando #1172

Sold for: Sign-in or Join (free & quick)
View Similar Items Available Now
Make Offer:
Make Offer to Owner

Owner's willingness to entertain and respond to Offers has not yet been verified.
Claim Item: Sign-in or Join (free & quick)
Auction Ended On: Jul 13, 2012
Item Activity: 13 Internet/mail/phone bidders
3,522 page views
Location: Orange County Convention Center
9800 International Drive
Orlando, FL 32819

1854 Type Two Gold Dollar, Spectacular MS66
Rich Color and Sparkling Mint Luster
1854 G$1 Type Two MS66 PCGS. CAC. "Solve one problem, create another," the old bromide goes, and so it was with the Mint's coinage difficulties of the 1850s. The reduction in net silver content of the minor coinage, signified by the Arrows/Arrows and Rays designs introduced in 1853, managed for the first time since the Mint's founding to provide ample quantities of circulating domestic silver coinage. The gold dollar and double eagle, introduced commercially in 1849 and 1850 respectively, were intended to increase the circulation of gold coins and as new coinage vehicles for the abundance of California gold. The double eagle was popular and circulated well, especially in the West.
But the diminutive gold dollar had problems. Its small size and weight -- a 13-mm coin weighing only 1.67 gm, about one-eighteenth of a troy ounce -- meant it was easily lost. In 1854 Mint Engraver James B. Longacre attempted a fix via a one dollar gold coin that was 1 mm larger in diameter and proportionally thinner, but the urge to stereotype the design was among the factors that doomed the result. Not only was the size increased, but the Indian Princess motif was introduced to harmonize with the three dollar gold coin, also introduced in 1854. On the one dollar coins, the head of Liberty was in relatively high relief for such a tiny coin, with the high points in the center obverse in direct opposition to the LL in DOLLAR and the 85 in the date on the reverse. Striking difficulties were inevitable. The strike on the reverse shows the near-universal weakness on the 8 in the date and LL in DOLLAR. Each side also displays the usually seen clash marks. However, what is truly spectacular on this piece is the bright, sparkling mint luster and rich reddish-gold and lilac color intermixed over each side.(Registry values: N10218) (NGC ID# 25C3, PCGS# 7531)

View large image(s) of this item

Service and Handling Description: Coins & Currency (view shipping information)

Sales Tax information  | PCGS Guarantee of Grade and Authenticity  |  Terms and Conditions

Bidding Guidelines and Bid Increments

Other Available Items:

Bid Now on Items Just Like This One

Lot Bidding Ends Grade Service Current Bid
Auction 1219, Lot 5230 Thursday, April 23, 2015 MS66 NGC $1,100.00
View items up for auction that match this item in other grades.

Guides and Pricing Information:

Previous Prices from Heritage Auctions
or Join (free & quick)
Price Guide
or Join (free & quick)
Population Guide
or Join (free & quick)
Find Auction Prices for Comparable Items:

Sign-in or Join (free & quick) to see the full image

Open For Bidding
Coming Soon
sold in the last year
  1. Past Auction Values (prices, photos, full descriptions, etc.)
  2. Bid online
  3. Free Collector newsletter
  4. Want List with instant e-mail notifications
  5. Reduced auction commissions when you resell your
Only 19 days left to consign to the 2015 June 3 - 8 US Coins Signature Auction - Long Beach!
Learn About Consigning With Us
I have found my experience with Heritage to be honest, straightforward and very businesslike.
J.D.L. ,
Vidalia, GA receives more traffic than any other auction house website. To compare for yourself, visit:
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
2015 February 26 - March 1 PNG Dallas Invitational US Coins Signature Auction - Dallas
REALIZED $6,547,739
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
2015 January 13 - 14 World Coins & Ancient Coins - Dallas
REALIZED $3,006,765
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
2015 January 8 - 12 FUN World Currency Signature Auction - Orlando
REALIZED $990,575
You could win!
Take the Survey