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The final design choice for the Gold Dollar denomination was determined in 1856 and lasted until 1889 when these dollars would see their permanent demise. Since the Type 1 Gold Dollar was too small and the Type 2 that was meant to fix that ended up having problems of its own, the mint had finally had enough and came up with a plan to resolve these issues for good. That is what resulted in the creation of the Type 3 Gold Dollar. The design was changed subtly yet dramatically in ways such as enlarging and rearranging the devices to make for better metal flow. This was the goal in order to maintain the larger sized coin but fix striking issues which for the most part was successful. Although, this fix was not perfect as the smaller branch mints still suffered from weak strikes so any Dahlonega minted Gold Dollar with a crisp strike is a coin whose desirability is beyond incredible. Some rare dates to lookout for are the 1856-D, 1861-D and 1875.
Obverse Description
Indian head portrait, larger than the type 2 design, with crown centered in the design surrounded by UNITED STATES OF AMERICA around the periphery.
Reverse Description
"1 DOLLAR" is centered with date below, surrounded by a large wreath tied in a bow at the bottom. Mint mark, if any, appears at the bottom below the blow.
Book Reference
Designer: James B. Longacre. Weight: 1.672 grams. Composition: .900 gold, .100 copper (net weight .04837 oz. pure gold). Diameter: 15 mm. Edge: Reeded. Mints: Philadelphia, Charlotte, Dahlonega, San Francisco.
Key to Collecting: After having emerged from the Variety 1 and Variety 2 gold dollars, you are home free, so to speak, with dollars of the Variety 3 design minted 1856 to 1889. Actually, this is not true—for chances are good that you will find a nice Variety 3 before you acquire either of the earlier designs. Gold dollars of the Variety 3 style did not circulate extensively (except in the West), and today most pieces grade EF or better. Mint State coins abound, particularly for the dates 1879 through 1889, during which time they were a popular investment and speculation, and despite their being currently minted (only at Philadelphia) they sold for a slight premium in the marketplace.
Aspects of Striking and Appearance: While most Variety 3 gold dollars are well struck, it will pay to check the features, including the portrait of Liberty, the date and wreath on the reverse, and the denticles.
Proof Coins: Proofs were produced of all years and, when seen today, are typically from the 1880’s. At the time gold dollars were a popular investment and speculation, and many orders were placed for them. That said, the figures cannot be regarded as proportional to the pieces existing today, for the last year, 1889, of which 1,779 Proofs were reported to have been struck, is today a great rarity and is several times more elusive than are the lower-mintage dollars of 1884 to 1888.
Catalog Information
GSID:
72367
Designer:
James B. Longacre
Obverse Designer:
James B. Longacre
Obverse Lettering:
LIBERTY
Reverse Designer:
James B. Longacre
Reverse Lettering:
1, DOLLAR, [Date]
Fineness:
0.9
Weight (gr):
1.672 gr
Weight (oz):
0.0538 oz
Precious Metal Weight:
0.0484 oz
Strike Type:
Business
Diameter:
15
Coin Shape:
Round
Edge:
Reeded
Variety:
Type 3
Variety 2:
1856-1889
Coin Date:
Liberty Gold Dollar
Denomination:
G$1
Designation:
MS
Coinage Type:
Gold Dollar
Coinage Years:
1856-1889
Composition:
90% gold; 10% copper
PCGS #:
7539
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Body: Referring page: http://dev.greysheet.com/prices/item/gold-dollar-type-three-type-coin-business-strike/gsid/72367 GSID: 72367 Title: Liberty Gold Dollar G$1 Type 3, 1856-1889 MS [Type]
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Coin Value History
Liberty Gold Dollar G$1 Type 3, 1856-1889 MS [Type]
Value By Grade
Liberty Gold Dollar G$1 Type 3, 1856-1889 MS [Type]
CPG (retail) values
Currency
Grade Range
Grading Authority
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Pricing
Values
Greysheet & CPG® Values
| Grade | CAC | CPG Value (Retail) | Greysheet Price (Wholesale) |
|---|---|---|---|
| MS69 |
|
$120,000 | $1,234 |
| MS69 | - | $84,000 | $1,234 |
| MS68 |
|
$1,234 | $1,234 |
| MS68 | - | $1,234 | $1,234 |
| MS67 |
|
$1,234 | $1,234 |
| MS67 | - | $1,234 | $1,234 |
| MS66 |
|
$1,234 | $1,234 |
| MS66 | - | $1,234 | $1,234 |
| MS65 |
|
$1,234 | $1,234 |
| MS65 | - | $1,234 | $1,234 |
| MS64 |
|
$1,234 | $1,234 |
| MS64 | - | $1,234 | $1,234 |
| MS63 |
|
$1,234 | $1,234 |
| MS63 | - | $1,234 | $1,234 |
| MS62 |
|
$1,234 | $1,234 |
| MS62 | - | $1,234 | $1,234 |
| MS61 |
|
$1,234 | $1,234 |
| MS61 | - | $1,234 | $1,234 |
| MS60 |
|
$1,234 | $1,234 |
| MS60 | - | $1,234 | $1,234 |
| AU58 |
|
$1,234 | $1,234 |
| AU58 | - | $1,234 | $1,234 |
| AU55 |
|
$1,234 | $1,234 |
| AU55 | - | $1,234 | $1,234 |
| AU53 |
|
$1,234 | $1,234 |
| AU53 | - | $1,234 | $1,234 |
| AU50 |
|
$1,234 | $1,234 |
| AU50 | - | $1,234 | $1,234 |
| XF45 |
|
$1,234 | $1,234 |
| XF45 | - | $1,234 | $1,234 |
| XF40 |
|
$1,234 | $1,234 |
| XF40 | - | $1,234 | $1,234 |
| VF35 |
|
$1,234 | $1,234 |
| VF35 | - | $1,234 | $1,234 |
| VF30 |
|
$1,234 | $1,234 |
| VF30 | - | $1,234 | $1,234 |
| VF25 |
|
$1,234 | $1,234 |
| VF25 | - | $1,234 | $1,234 |
| VF20 |
|
$1,234 | $1,234 |
| VF20 | - | $1,234 | $1,234 |
| F15 |
|
$1,234 | $1,234 |
| F15 | - | $1,234 | $1,234 |
| F12 |
|
$1,234 | $1,234 |
| F12 | - | $1,234 | $1,234 |
1856 G$1 Slanted 5 MS
Worth: $260 – $30,000
1856 G$1 Upright 5 MS
Worth: $260 – $31,000
1856-D G$1 MS
Worth: $3,300 – $72,000
1857 G$1 MS
Worth: $260 – $45,000
1857-C G$1 MS
Worth: $1,800 – $15,600
1857-D G$1 MS
Worth: $1,300 – $80,000
1857-S G$1 MS
Worth: $400 – $31,200
1858 G$1 MS
Worth: $260 – $180,000
1858-D G$1 MS
Worth: $1,150 – $90,000
1858-S G$1 MS
Worth: $325 – $48,000
1859 G$1 MS
Worth: $260 – $13,500
1859-C G$1 MS
Worth: $1,400 – $33,600
1859-D G$1 MS
Worth: $1,150 – $50,400
1859-S G$1 MS
Worth: $460 – $31,200
1860 G$1 MS
Worth: $260 – $31,200
1861 G$1 MS62 PCGS. CDN: $759 Whsle. Bid for NGC/PCGS MS62. Mintage 527,499. ...
$793
1872 G$1 AU58 NGC. NGC Census: 16 in 58, 42 finer (8/26). CDN: $850 Whsle. Bid for NGC/PCGS AU58. Mintage 3,500. ...
$1,159
1874 G$1 MS63 PCGS. CDN: $810 Whsle. Bid for NGC/PCGS MS63. Mintage 198,820. ...
$855
1856 G$1 Upright 5 MS64 PCGS. PCGS Population: 31 in 64 (5 in 64+), 10 finer (8/26). CDN: $1,900 Whsle. Bid for NGC/PCGS M...
$1,891
1889 G$1 MS66 PCGS. CDN: $1,250 Whsle. Bid for NGC/PCGS MS66. Mintage 29,000. ...
$1,525
1857-D G$1 AU55 NGC. Winter 9-L. ...
$7,320
1864 G$1 MS61 PCGS. CAC. ...
$5,124
1858 G$1 XF45 ANACS. Housed in a small-sized holder. Mintage 117,995. ...
$488
1859-S G$1 AU50 PCGS. PCGS Population: 24 in 50, 55 finer (12/25). CDN: $1,200 Whsle. Bid for NGC/PCGS AU50. Mintage 15,000...
$1,403
1889 G$1 MS65+ NGC. CDN: $860 Whsle. Bid for NGC/PCGS MS65. Mintage 29,000....
$1,220
1862 G$1 AU53 PCGS. Housed in a Generation 3.1 green label holder. PCGS Population: 48 in 53, 3191 finer (1/26). CDN: $384...
$512
1889 G$1 MS67 NGC. CDN: $2,300 Whsle. Bid for NGC/PCGS MS67. Mintage 29,000. ...
$2,257
1881 G$1 -- Reverse Cleaned -- NGC Details. Unc. NGC Census: 6 in 60, 352 finer (11/25). CDN: $500 Whsle. Bid for NGC/PCGS ...
$666
1859-D G$1 XF40 ANACS. Housed in a small-sized holder. Mintage 4,952....
$2,160
1881 G$1 MS68+ PCGS....
$15,600
1857-C G$1 -- Scratched -- ANACS Details. VF35. Mintage 13,280. ...
$1,860
1881 G$1 MS69 NGC....
$46,800
1861-D G$1 -- Mount Removed, Tooled, Re-engraved, Cleaned -- ANACS. VF20 Details. Variety 12-Q....
$9,600
1857 G$1 PCGS XF Details (Harshly Cleaned)
$195
1861-D G$1 PCGS F12 ex: D.L. Hansen
$28,650
Greysheet News
Prominent Collector Dell Loy Hansen Submitting His Historical Collection Of U.S. Coins To CAC Grading
8/8/2024
American Numismatic Association's Largest Coin Show, August 6-10 In Chicago
Dazzling rarities, free educational opportunities, family fun and more await at the Donald E. Stephens Convention Center
7/25/2024
United States Mint Unveils Designs For The 2025 United States Marine Corps 250th Anniversary Commemorative Coin Program
The designs will be featured on a $5 gold coin, a $1 silver coin, and a half dollar clad coin.
7/23/2024
Events
Knoxville Coin and Currency Show - TN
Location: Rothchild Catering & Conference Center
Saturday, August 1, 2026
