1854 G$1 TYPE 2

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Sought-After 1854 Type Two Gold Dollar, Select BU

1854 G$1 Type Two MS 63 PCGS. Introduced in 1854, James Longacre's Type Two gold dollar was a costly failure for the Mint. The design was difficult to strike, and those coins that entered circulation wore down quickly. The Philadelphia, Charlotte, Dahlonega, and New Orleans Mints abandoned the Type Two design in 1856, and the San Francisco facility would do so in 1857.
Although this premier issue was produced in significant numbers (783,943 pieces), type collectors have placed an inordinate amount of pressure upon both this issue and the 1855. An understandably important Select representative, both sides of this coin are remarkably lustrous for the grade with a nicely frosted texture. The sharp strike is also noteworthy, and the number of small abrasions is consistent with the grade. The often-seen clashmarks (as struck) are noted on the obverse around Liberty's portrait and on the reverse within the wreath.

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

Metal: 90% Gold, 10% Copper
Weight: 1.67 grams
AGW: 0.04838oz
Mintage: 783,943

View Certification Details from PCGS