Hudson Rare Coins, Inc.

United States and World Coins - Estates - Certified Appraisals

$1 Type 3 (1856-1889)


INDIAN PRINCESS, LARGE HEAD

Designer: James B. Longacre
Diameter: 15 mm
Edge: Reeded
Weight: 1.672 grams
Fineness: .900
Net gold weight: .0483 oz.
Mints: Charlotte, Dahlonega, Philadelphia, San Francisco



The design was modified in 1856 to strengthen the Indian Head portrait so that better struck coins could be produced. The coins circulated until the beginning of the Civil War, but were hoarded thereafter and the mintage was reduced starting in 1863. With the exception of 1873-1874, until production ended in 1889, the mintages were relatively low. Over 5 million Type 3 gold dollars were issued, and although several dates are scare, they are readily available overall.