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1854 $1 Liberty Head Type 1 Gold Coin NGC MS 61
1854 $1 Liberty Head Type 1 Gold Coin NGC MS 61

1854 $1 Liberty Head Type 1 Gold Coin NGC MS 61

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1854 $1 Liberty Head Type 1 Gold Coin NGC MS 61

 

Secure a Mint State example from the final year of an important early U.S. gold design with the 1854 $1 Liberty Head Type 1 Gold Coin NGC MS 61. Struck at the Philadelphia Mint, this compact Gold Dollar is composed of .900 gold balanced with copper, and contains approximately 0.0484 troy oz of actual gold. 

The United States introduced the Gold Dollar in 1849, with Chief Engraver James B. Longacre creating the original Liberty Head design. Known today as Type 1, this version was produced from 1849 through 1854 and measured only about 12.7 mm in diameter, making it one of the smallest U.S. coins ever issued. Its extremely compact dimensions proved inconvenient in everyday use, leading the Mint to introduce a larger-diameter Type 2 Gold Dollar during 1854. This makes 1854 particularly interesting because both Type 1 and Type 2 Gold Dollars were struck that year.

Coin Features:

  • Graded as MS 61 by NGC
  • Composition: 90% Gold, 10% Copper
  • Actual Gold Weight: Approx. 0.0484 troy oz
  • Denomination: $1
  • Minted by the United States Mint
  • Presented in an official NGC holder
  • Obverse: Features Lady Liberty wearing a tiara and encircled by 13 stars.
  • Reverse: Displays the denomination surrounded by a laurel wreath with the year of mintage below.

Why Own This 1854 Gold Dollar?

  • Final-Year Type 1: Represents the last year of the original Liberty Head Gold Dollar design.
  • Historic Gold Rush Era: Produced during a transformative period for American gold coinage.
  • Compact Gold Issue: One of the smallest regular-issue U.S. coins by diameter.
  • Classic Longacre Design: Features the work of U.S. Mint Chief Engraver James B. Longacre.

The year 1854 marked a turning point for America's smallest gold denomination, as the original Liberty Head format reached the end of its brief production run and a redesigned Gold Dollar appeared later that same year. Preserved in NGC MS 61, this Philadelphia issue captures that transitional moment in U.S. Mint history while retaining the unmistakable character of Longacre's original Type 1 design. If you have any questions or concerns, please contact our customer service representatives.

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Product specifications

Year1854
Purity.900
Denomination$1
Actual Weight0.0484 troy oz
Gross Weight 1.67 grams
Diameter12.7 mm
Mint/BrandUS Mint
GradeMS 61
Grade ServiceNGC