Liberty Coin
Liberty Coin & Currency buys and sells jewelry, rare coins, gold and silver. We also provide expert estate liquidation services. Call for a free evaluation! Specialties: Specializing in: - Coin Dealers & Supplies - Gold, Silver & Platinum Buyers & Dealers - Collectibles Established in 1965. A second generation, family owned coin store, Liberty Coin, LLC has grown into one of the industry's.
Most one dollar United States of America Liberty coins are not encountered on a day to day basis in circulation. In fact, in some years the coins were only sold directly to collectors and dealers by The U.S. Mint. Despite their perhaps seemingly elusive nature, the vast majority of these coins are extremely common and still only worth their face value of one dollar.
The first silver dollar coins were minted in 1794. With exception of a few small gaps, silver dollars were commonplace in commerce between the late 1700s and 1935. 1935 marks the last year that silver dollars were issued for circulation where the coins actually had silver in them. The Eisenhower (aka Ike) series rebooted the $1 silver coin series in 1971, but only special issues of Ikes have silver. The later Susan B. Anthony coins, also while silver in color, don’t have any precious metal content. And the Sacajawea and Native American dollars, again while gold in color, definitely do not have any actual gold content.
If you are interested in collecting modern one dollar coins then you will want to read our guides below. Perhaps the most important things to consider are the different strikes as well as some of the small varieties that make seemingly similar coins worth vastly different amounts of money.
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- Liberty Head Gold Coins
Gold was widely used in coins during the 18th century in the United States and was the basis of a dollar coin that was first minted in 1849. Liberty Head gold dollars, much like the concurrent silver dollars, circulated mainly in the West. These tiny, 13-mllimeter-wide gold coins were among the smallest U.S. coins ever made, measuring 1 millimeter smaller in diameter than the silver 3 cent coin of the same era.
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Liberty Head gold dollars were minted for a very short time, spanning from 1849 to 1854. During those six years, several eventual rarities were created, most of those coming from the Charlotte (C) and Dahlonega (D) mints, which often made less than 10,000 each of a given issue. The Philadelphia and New Orleans (O) mints also struck gold dollar coins, but those mintages were usually much larger than the productions from the Charlotte and Dahlonega mints. Therefore, Philadelphia and New Orleans gold dollars are far more common today than the C- or D-mint coins.
In all, gold dollars are considerably scarce today, with often just a few hundred (or fewer) pieces surviving from any one of the scarcer issues. Weighing in at only 1.672 grams and containing just 0.4837 ounces of gold, Liberty Head gold dollars really are not regarded as high-priority items for bullion investors. Liberty Head gold dollars do have a very active collector base though, and they are widely sought after by collectors of 19th-century coinage and classic gold coins.