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

Click the image to load the highest resolution version.

Sold on Apr 30, 2009 for:

Sign-in or Join (free & quick)

Get one of these:

Share this lot

Track Item Printable Auction Results

Sell One of These

Description

Auction Info

Guides & Info

Description

Appealing 1854 Type Two Gem Gold Dollar

1854 G$1 Type Two MS65 PCGS. CAC. In 1854 Chief Engraver James B. Longacre increased the diameter of the gold dollar from 12.7 mm to 14.3 mm, a move intended to make the gold dollar easier to handle in commerce. This diameter, with the coin's proportionate decrease in thickness, was retained for the remainder of the denomination's life. The enlarged dollar of this year (1854) has as its emblem of Liberty an Indian head crowned with feathers. The band confining the feathers is inscribed with LIBERTY. On the reverse, 1 DOLLAR 1854 is inscribed within a wreath of cereals.
The new design caused difficulties in striking. The high relief of the Indian head prevented the relief areas on the corresponding part of the reverse, especially the two central date digits, from striking up properly unless the dies were spaced unusually close together. Close spacing, however, resulted in extreme did damage.
The Type Two design was employed until 1856, when Longacre lowered the relief of the Indian head, and made it slightly larger. With its shallow portrait, the new Type Three dollar did not interfere with the strike of the reverse elements.
This marvelous Gem is blessed with a sharp strike. In particular, the 8 and 5 of the date are bold, which as alluded to above, is very unusual. LIBERTY is also complete, as are most of the remaining design features. Peach-gold coloration bathes the highly lustrous surfaces of both sides, each of which reveals just a few minute handling marks that may well preclude an even finer grade. This appealing piece is well deserving of the CAC green label. Population: 52 in 65, 12 finer (3/09).(Registry values: N7079)

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