1854 G$1 Type Two MS65 PCGS. CAC....

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1854 Type Two Gold Dollar, MS65
Unclashed and Sharply Struck

1854 G$1 Type Two MS65 PCGS. CAC. The U.S. Mint was quite a long time coming to the party when it came to the development of a one dollar gold coin. The Bechtler family in 1831 created the first gold dollar coinage in the United States in their territorial mint in Rutherford County, North Carolina, but it would be 1849 before a federal gold dollar would debut. A pattern U.S. gold dollar dated 1836 (Judd-67 through 71, including later restrikes) explored the Liberty Cap and Rays motif, similar to the Mint medal used to inaugurate the steam presses in that year and based on the Mexican one peso silver coins
But there appeared to be little interest in a gold dollar in 1836, and the Mint's focus was the Gobrecht silver dollars that premiered that same year. Apparently, the size of a gold dollar coin was a concern from the outset. There is also an annular (ring-shaped) gold dollar pattern known from 1849, Judd-115 and 116, which features a square hole in the center and hand-engraved legends -- an apparent attempt to make the coin larger while keeping a constant but small gold content.
Predictably, when the regular-issue Type One gold dollars (without a hole) were introduced in 1849, their diminutive size was a chief complaint. The "fix," in the form of the larger-diameter (but thinner) and redesigned Type Two coins, made the cure worse than the disease due to the inherent striking problems and prevalence of clash marks. This piece is atypical in that regard, lacking both the expected weak strike in the centers and clashing in the fields. The strike is strong in almost all areas. The mint luster is softly frosted and the orange-gold color of the coin has faint traces of lilac interspersed. Refreshing clean as well.(Registry values: N7079)

Coin Index Numbers: (NGC ID# 25C3, PCGS# 7531, Greysheet# 8015)

Weight: 1.67 grams

Metal: 90% Gold, 10% Copper

View Certification Details from PCGS