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August 10 , 2015

COIN OF THE WEEK

Rare 1855-C Gold $1 NGC MS62 - $33,950.
Click on Coin Image to enlarge


This 1855-C Indian Princess Head, Small Head Gold $1 is tied for the finest graded.

Please contact me by email or telephone 1-800-624-1870 to reserve this great coin.

The Type 2 gold dollar, which followed the Liberty Head of 1849-1854, has to be called a design failure. James Longacre, the coin’s designer used a motif similar to the three dollar coin. However, he made the new coin broader and thinner. The coin did not strike up well, especially in its centers. Many new coins looked worn even though they were fresh and uncirculated. Consequently, Longacre redesigned the coin after only two years.

The New Orleans Mint was authorized in 1835 by President Andrew Jackson, hero of the battle of New Orleans. The bill that Jackson signed also authorized the mints at Charlotte and Dahlonega. William Strickland, a Philadelphia architect designed all three branch mint buildings. The building was made in the solid, bulky Greek Revival style of architecture. It was the largest of the three branch mints and located at major port of entry. Unfortunately Strickland did not account for the soft ground around the site. Because of it, the building had to undergo numerous repairs throughout its history.


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ADDITION NEW COINS ADDED - (Week of 8/10/2015)

Very Truly Yours,

Tom Pilitowski
www.usrarecoininvestments.com
Toll Free:
1-800-624-1870
Email: TomPilitowski@yahoo.com


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