Gold $1 Liberty Head coins are extremely popular and widely sought-after American coins. First produced in 1849, Liberty Head coins were the first dollar coin used in the United States minted in gold. The Liberty Head Gold dollars were very small, only 13 millimeters wide, and are some of the smallest coins made for circulation in the U.S.
This gold coin was minted from 1849 to 1854, and in those six years different rarities formed from mostly the Charlotte (C) and Dahlonega (D). Those coins with slight variations and less than 10,000 minted of each issue are scarcer and more valuable. The Philadelphia and New Orleans (O) mints also struck these Liberty Head Dollars, but they produced far more coins, making these mintages less valuable than their Charlotte and Dahlonega counterparts.
Overall, the Liberty Head Dollars are hard to find today, with only a few hundred surviving coins available from the scarcer issues.
Below is a chart that represents the pricing data for U.S. $1.00 Liberty Head Gold Dollars by type. These prices are shown for typical examples of the coins since rarer dates and mintmarks cost more.
| Type | Date Range | Very Fine | Extremely Fine | Almost Uncirculated | Uncirculated | Choice Uncirculated | Gem Uncirculated |
| I | 1849-1854 | $275 | $300 | $375 | $500 | $800 | $2,500 |
| II | 1854-1856 | $400 | $550 | $700 | $1,400 | $4,500 | $20,000 |
| III | 1856-1889 | $275 | $325 | $400 | $625 | $850 | $1,250 |
Three different types of Liberty Head Dollars are distinguished by various factors. We explore the three types and what makes them unique below.
$1.00 Gold Coins – Liberty & Indian Heads
There are 3 different types of $1.00 gold coins:
- Type 1 – 1849 to 1854 – Liberty Head
- Type 2 – 1854 to 1856 – Indian Head or Indian Princess Head
- Type 3 – 1856 to 1889 – Indian Head or Indian Princess Head
You can see that all three styles have overlapping dates of mintage. Types 1 and 2 have coins dated 1854, while Types 2 and 3 have coins dated 1856. The designs were changed from Type 1 to Type 2 because these coins were too small for commerce.
Type 1 Coins
Type 1 coins are all Liberty Head. They are the smallest of the 3 as they are only 13mm in size.
Type 2 Coins
Type 2 coins are Indian Head (sometimes called Indian Princess Head). They are larger at 15mm.
The depiction of Miss Liberty displays she is wearing a headdress of feathers, which is why it is called the “Indian Head” or “Indian Princess Head.” The reverse design is also different and more ornate.
Type 3 Coins
The Type 3 version of early U.S. gold coins are also called “Indian Head,” but the size of head is LARGER than on the Type 2 coins. These coins are the same size, so the difference is in the style and size of the head.
Comparing a Type 2 and Type 3
When comparing Type 2 and Type 3 coins, you’ll notice there is a noticeable difference. In the Type 3 coin, the portrait is larger and the headdress is different and not as slanted.
Type 2
Type 3
The design changed because the Type 2 coins had a more ornate design in the headdress. Many Type 2 coins were not well-struck because of the complex design. Type 2 coins are the scarcest type and typically fetch the highest premiums.
