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Gold Dollars

1855-O Gold $1 1855-O G$1 NGC AU58
Please call: 1-800-388-8118
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1855-O G$1
NGC AU58
Coin ID: RC3641002
Inquire Price: 4,475.00 - SOLD - 11/19/2013*
Free Shipping and Insurance for coins at $10K or above.
1855-O Gold Dollar - 1855-O  G$1 NGC AU58. This near-Uncirculated Type 2 Southern branch mint 1855-O Gold Dollar has subdued original mint luster within its devices. The mixture of yellow and greenish gold colors tells us that the piece is completely original. Its surfaces are clean for the grade with no notable abrasion marks or other distractions. The strike is above average with almost full details on the ends of the feathers, the ribbon bow knot, and the first 5 in the date.

Designed by James Barton Longacre, the Indian Princess, Small Head gold dollar, 1854-1856, showed a head of Liberty facing left wearing a stylized feathered headdress. It is inscribed LIBERTY on the headband. She is surrounded by the legend UNITED STATES OF AMERICA. The reverse shows an open wreath of corn, cotton, maple, and tobacco tied below with a bow. The wreath encircles the denomination, 1 DOLLAR, and the date. The problem with the coin was that it did not strike up well. In fact mint state examples looked worn and, in some cases, so circulated that the date could not be read on the coin. This problem most affected the branch mint issues, which Longacre did not get to see until afterwards. The proofs that he saw did not have this as a problem. To remedy this situation, Longacre designed the Indian Princess, Large Head gold dollar.

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 New Orleans Mint 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.

Authorized to produce gold and silver, the New Orleans Mint struck quarter eagles and dimes in 1839. It operated from 1838 to 1909. In that time period 427 million silver and gold coins with the O mintmark were coined. By the mid 1850s denominations made in New Orleans included three-cent silver pieces, half-dimes, dimes, quarters, half dollars, silver dollars, gold dollars, quarter eagles, three-dollar pieces, half eagles, eagles, and double eagles. The first deposit was of Mexican dollars which amounted to more than 32,400 dollars. The first coins struck were Liberty Seated dimes. Each year between the beginning of August and the end of November, the mint closed because of the annual outbreak of yellow fever.

In 1844 Longacre was appointed Mint Engraver through the influence of Senator John C. Calhoun of South Carolina. After overcoming opposition by the Chief Coiner, Franklin Peale, who was fearful that the new Engraver would interfere with his illegal medal manufacturing business using the Mint facilities, Longacre did well. He was responsible for creating many new designs including the Indian Head cent, the two-cent piece, the Shield nickel, the Liberty Head gold dollar, the Indian Princess gold dollar, the three-dollar gold piece, and the Liberty Head double eagle.

We are interested in buying these rare coins/tokens/medals/currency. If you are interested in selling, raw or slabbed please offer to us and ask your price or once received we'll make our highest offer! Contact us here and tell us what you have to sell us.
** All buy it now coins availability must be confirmed via email or phone before purchase. Please contact us ( email ) for availability.
* Prices subject to change with no advance notice due to market or other reasons. Paypal fee may apply.

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