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Liberty Head Dollar coin (Type 1 Gold dollar): 1849-1854


The gold dollar coin Type 1 Gold dollar or also known as Liberty Head Dollar, made its debut in 1849 and continued to be produced until 1854. Initially, US Mint has no interest of producing gold coin but 2 gold rushes that took place during that time had enticed US Mint into using gold in the country's currency.

Liberty Head Dollar started its circulation right after it was authorized by the Act of March 3, 1849. The obverse of the Liberty Head Dollar depicts the head of Miss Liberty facing left, wearing a coronet inscribed LIBERTY with 13 stars encircling her and her hair tied at the back. The reverse of Liberty Head Dollar depicts a wreath open at the top enclosing the date and the numeral 1 (1 dollar value), encircled by the inscription that reads "UNITED STATES OF AMERICA".

Weighing 1.672 grams and measuring just 13 mm in diameter, the coin had a composition of 0.900 gold (0.04837 ounces of pure gold) and 0.100 copper. The gold dollar that were produced over the period of 1849 to 1854 is the smallest United States coin. It was even smaller than the 14 mm silver 3 cent piece. The quantity of gold dollar minted differed from year to year and during in 1853 alone, 4,384,149 Liberty Head Dollar coins were successfully minted and circulated.


Because the nature of Liberty Head Dollar coin that was too small, it could easily be lost and US Mint began experimenting new designs with several ideas thrown to US Mint for consideration. One of the ideas was to make a hole at the middle of the coin but the idea was rejected. The new Mint director in 1953, James Snowden, simply made the Liberty Head Dollar coin to be thinner and wider. The new dollar also received new face-lifts with the new design was made by James Longacre.

Rare dates in this series include the 1849-C with an Open Wreath on the reverse.

Auctions in eBay

Dollar 185018551857 Liberty Head Type 1 Type 2 Type 3
Dollar 185018551857 Liberty Head Type 1 Type 2 Type 3 $800.00
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1851 1 Gold Type 1 Liberty Head Uncirculated Details Great Luster US Gold
1851 1 Gold Type 1 Liberty Head Uncirculated Details Great Luster  US Gold $168.50 (14 Bids)
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1849 C Liberty Head Type 1 PCGS Genuine Extra Fine Closed Wreath Tough Date
1849 C Liberty Head Type 1 PCGS Genuine Extra Fine Closed Wreath Tough Date $1,799.00
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1851 UNITED STATES MINT Liberty Head 1 dollar gold coin TYPE 1 NO RESERVE NR
1851 UNITED STATES MINT Liberty Head 1 dollar gold coin TYPE 1 NO RESERVE NR $98.11 (3 Bids)
Time Remaining: 2d 2h 40m

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1852 TYPE 1 United States 20 Liberty Head Gold Eagle AU
1852 TYPE 1 United States 20 Liberty Head Gold Eagle AU $2,495.00
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One Dollar Gold 1850 Liberty Head Type 1 No Reserve
One Dollar Gold 1850 Liberty Head Type 1 No Reserve $114.01 (10 Bids)
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1851 Liberty Head Dollar Type1 Nice Solid XF AU
1851 Liberty Head Dollar Type1 Nice Solid XF AU $239.00
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1854 US Type II 1 Gold Liberty Head Dollar Coin XF Detail
1854 US Type II 1 Gold Liberty Head Dollar Coin XF Detail $93.00 (8 Bids)
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1853 Liberty Head Type 1
1853 Liberty Head Type 1 $216.00
Time Remaining: 2d 22h 35m
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1852 O G1 NGC CAC XF45 Type 1 Liberty Head Gold Dollar
1852 O G1 NGC CAC XF45 Type 1 Liberty Head Gold Dollar $295.00
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1854 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue 855502 Mint
1854 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue 855502 Mint $249.00
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1853 US Type I 1 Gold Liberty Head Dollar Coin Uncirculated
1853 US Type I 1 Gold Liberty Head Dollar Coin Uncirculated $124.50 (17 Bids)
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1853 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue Rare Coin
1853 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue Rare Coin $199.00
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Dollar 1853 Liberty Head Type 1
Dollar 1853 Liberty Head Type 1 $102.50 (2 Bids)
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1853 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue NICE COIN
1853 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue NICE COIN $225.00
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1851 Dollar gold Liberty Head Type 1 No Reserve
1851 Dollar gold Liberty Head Type 1 No Reserve $105.06 (5 Bids)
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1853 P Liberty Head Type 1 US Gold 1 Dollar Close Wreath Coin Very Scarce Issue
1853 P Liberty Head Type 1 US Gold 1 Dollar Close Wreath Coin Very Scarce Issue $349.00
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1852 LIBERTY HEAD 1 GOLD COIN TYPE 1 NICE BRIGHT LUSTER AUCTION BID TODAY
1852 LIBERTY HEAD 1 GOLD COIN TYPE 1 NICE BRIGHT LUSTER AUCTION BID TODAY $88.89 (8 Bids)
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1852 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue NICE COIN
1852 P Liberty Head Type 1 US Gold 1 Dollar Coin Very Scarce Issue NICE COIN $275.00
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1853 LIBERTY HEAD GOLD DOLLAR TYPE 1 1853 GOLD DOLLAR
1853 LIBERTY HEAD GOLD DOLLAR TYPE 1 1853 GOLD DOLLAR $159.95
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