130 1T1Obv$1 Type 1 (1849-1854)

LIBERTY HEAD

Designer: James B. Longacre
Diameter: 13 mm
Edge: Reeded
Weight: 1.672 grams
130 1T1RevFineness: .900
Net gold weight: .0483 fine oz.
Mints: Charlotte, Dahlonega, New Orleans, Philadelphia, San Francisco

The gold dollar was authorized by Congress in March 1849 following the discovery of gold in California in 1848. Known as Liberty Head or Type I, the coin was not especially popular due to its small size. Although minted for only 6 years, over 12 million pieces were issued.

 

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