Coin Specifications

Category: Gold Dollars (1849-1889)
Mint: Philadelphia
Obverse Designer: James B. Longacre
Reverse Designer: James B. Longacre
Composition: Gold
Fineness: 0.9000
Weight: 1.6700g
AGW: 0.0484oz
Melt Value: $72.19 (10/13/2019)
Diameter: 15mm
Edge: Reeded
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1855 G$1 PF obverse 1855 G$1 PF reverse
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Description & Analysis

The story of the short and ill-fated Type Two gold dollar is really a story of miscalculation on the part of Mint Engraver James Longacre. When redesigning the coin in 1854, he chose a variant of the three dollar gold piece. This is a design that Longacre repeated throughout most of his career and included not only the three dollar and Type Three gold dollars, but also included such diverse pieces as the double eagle, the Indian Head cent, the three cent nickel, several pattern nickels, and finally the pattern eagles from 1868 that he engraved only a few months before his death. Longacre's miscalculation was twofold. First, he designed Liberty's head in high relief, and second, he overestimated the power of the coining presses then in use. These miscalculations had varying effects, depending upon where the coins were struck. Pieces minted in the Philadelphia facility generally showed at least some weakness in the center of the obverse on Liberty's hair, and the corresponding area on the reverse: the LL in DOLLAR and the middle digits of the date. However, the striking definition on coins produced in Charlotte and Dahlonega was even more unsatisfactory, with only a short time in circulation necessary to unduly wear down the design elements. Clearly, something had to be done, and the design was changed again in 1856.

The dies for the Type Two gold dollar were completely hubbed except for the dates and mintmarks, which had to be entered by hand, as usual. As a result, the proofs produced the previous year and also in 1855, do not show evidence of these miscalculations. Only eight pieces have been positively pedigreed and two of those are permanently impounded, one in the Smithsonian and the other in the ANS holdings.

Description and Analysis courtesy of Heritage Auctions and may not be republished without written permission.


GRADE SUMMARY

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Price Guide

Last Updated: 4/15/2019

Click on a price to see historical prices, comparison charts and trends.

1855 G$1 PF
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - 78500 91000 102500 120000 182500 375000 - - - - -
1855 G$1 PF Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - 185000 - - - - - - - -
1855 G$1 PF Ultra Cameo
  GVGFVFXF505355586061626364656667686970
Base $ - - - - - - - - - - - - - - - 550000 - - - -

NGC Price and Value Guides Disclaimer

Census

 
NGC GRADE SUMMARY

Total Graded: 4
Low Grade: 62
Average Grade: 64
High Grade: 66

The chart showing 62 series, 63 series, 64 series, 65 series, 66 series.
NGC CENSUS DETAIL Last Updated: 10/8/2019 1855 G$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-------------1-11-----3
-----------------------
-----------------------
-----------------------
Total-------------1-11-----3
 -------------33 %-33 %33 %----- 
1855 G$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970Total
Base-----------------1----1
-----------------2----2
-----------------------
-----------------------
Total-----------------3----3
 -----------------100 %---- 

Auction Prices Realized

A random selection of coins is shown below.

Images
Date
Service
Grade
Auction House
Sale / Lot
Price
10/3/2001 NGC PF 62   Cameo Heritage Auctions 2001 October Long Beach Signature Sale #271, 271/Lot# 8097 $43,700.00
1/3/2007 PCGS PF 66   Ultra Cameo Heritage Auctions 2007 January Orlando, FL (FUN) Signature Coin Auction #422, 422/Lot# 3100 $316,250.00
1/9/2008 PCGS PF 66   Ultra Cameo Heritage Auctions 2008 January Orlando, FL (FUN) Signature Coin Auction #454, 454/Lot# 3051 $373,750.00
6/1/2011 NGC PF 62   Cameo Heritage Auctions 2011 June Long Beach Signature US Coin Auction Session(3), 1156/Lot# 4462 $126,500.00
1/3/2012 NGC PF 62   Cameo Heritage Auctions 2012 January 4-8 US Coins & Platinum Night FUN Signature Auction- Orlando Session(5), 1166/Lot# 4709 $132,250.00
9/23/2013 NGC PF 66   Ultra Cameo Bonhams The Tacasyl Collection of Magnificent United States Proof Gold Coins, 20992/Lot# 1000 $409,500.00


NGC Registry

NGC Registry Score 1855 G$1 PF Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base1127311472116731187612083122921250312718129351315513377136031423114880155511624419039949520986220122345424965
1133911539117411194512153123621257512790130081322913452138121444715104157821717619039133252132822493239580
000000125751279013008132291345213812144471510415782171761903913325213282249300
000000126461286313082133031352814022146641532716013181071903917156216702297300
1855 G$1 PF Ultra Cameo
 PrAgGVGFVF4045505355586061626364656667686970
Base13342135661379414025142581449414733149751522015468157191597216680174091816318940197412072321740227932427325822
1341713642138711410314337145741481415057153031555215803162081692317660184221920720068210622209123286247890
000000148141505715303155521580316208169231766018422192072006821062220912328600
000000148941513815385156351588816444171661791218681194742039621401224422378000
1855 G$1 PF
 PrAgGVGFVF4045505355586061626364656667686970
Base920893799553972899061008710270104551064310833110351122111798122791293714816185051944120746214172283024311
92659437961197879966101481033210518107061090011097114131195812498135631604618817198762097021888233240
000000103321051810706109001109711413119581249813563160461881719876209702188800
000000103931058010770109681115911606121191271814190172751912920311211932235900
Registry Image Gallery

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