Gold $1 coin

The Type 2 gold $1 coin, also known as the Liberty Head or “Small Head” design, is a significant piece of American numismatic history that was introduced in 1854 and minted until 1856. This particular coin type faced mixed reviews during its time, largely due to its perceived small size, but it has since gained appreciation for its intricate details and artistry. This coin features a slightly larger diameter compared to the earlier Type 1 gold dollar, yet it was still criticized for being too diminutive. Despite this, many collectors and numismatists have come to admire the craftsmanship and the representation of Lady Liberty in the design.

The obverse of the Type 2 gold $1 coin displays Lady Liberty wearing a coronet, which is inscribed with the word “Liberty.” The coronet, adorned with stars, adds a touch of elegance to the design. The reverse features a wreath encircling the denomination “1 DOLLAR” and the year of mintage. While it might not have been universally adored in its time, this coin type holds a special place in the hearts of collectors who appreciate the intricate design and the history it represents.

In response to the ongoing criticism about the size of the gold $1-coin, Mint Chief Engraver James B. Longacre introduced the Type 3 design in 1856, also known as the Indian Princess or “Large Head” design. This design marked a departure from the previous two types, both in terms of size and artistic representation. It featured a larger diameter compared to both Type 1 and Type 2 gold dollars, addressing the size-related concerns. More significantly, it depicted Lady Liberty as a Native American princess, complete with a feathered headdress.

The Type 3 design was a departure from the traditional portrayal of Lady Liberty and showcased a unique and captivating artistic interpretation. It resonated with many collectors who appreciated the departure from convention and saw it as a celebration of the rich cultural diversity of the United States. The obverse of the coin shows the Native American princess in profile, with her headdress adorned with feathers and the word “Liberty” inscribed on the band. The reverse maintained the wreath and denomination but introduced a different style for the lettering.