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

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Fantastic MS66 1854 Type Two Gold Dollar

1854 G$1 Type Two MS66 PCGS. CAC. Ron Guth and Jeff Garrett, in their United States Coinage: A Study by Type, describe the evolution of the Type Two gold dollar design:

"Type 1 gold dollars were criticized for their extremely small size, and they were often confused with the small silver coins in circulation at the time. Pattern gold dollars were struck in a larger diameter with a hole in the center but these were never adopted for circulation. In 1854 James B. Longacre produced a new design ... that was enlarged to 15 mm. ... To accommodate the larger diameter of 15 mm, the coins were made slightly thinner."

The Type Two gold dollar's downfall was its high relief, and many of the Type Two gold dollars known today are softly struck. Type Two pieces were struck in only three years, from 1854 to 1856, with the modified Type Three design replacing the Type Two and correcting most of its predecessor's errors.
Type Two gold dollars have two main type issues, the Philadelphia coins of 1854 and 1855. This high-end Premium Gem hails from the former year. Its luster is frosty and delightful with a blend of sun-yellow and honey-gold color on each side. The strike is unusually crisp for the issue, and neither obverse nor reverse shows any singularly mentionable flaws. A remarkable coin that would be equally at home in a high-end type set or a top-notch date set of gold dollars. Population: 10 in 66, 2 finer (3/09).(Registry values: N10218)

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